German Chancellor Olaf Scholz is set to testify in front of lawmakers on Friday over his role as Hamburg mayor in tackling a multibillion-euro tax fraud in a case that threatens to tarnish him…

An estimated 18,000 owners of luxury car paid 1.3 trillion rials ($4.31 million) in tax on their cars, the Iranian National Tax Administration’s (INTA) deputy chief said.

Tehran stocks closed trading week Wednesday in negative territory amid lingering sell-side pressure.  The benchmark of Tehran Stock Exchange, TEDPIX, lost 8,101.69 points or 0.56% to end…

The central banks of Iran and Russia are in talks for connecting the Iranian financial system to Russia’s Mir payment network, a deputy minister of economy said in Tehran. 

The national currency gained ground and pared losses following further guarded optimism about reviving Iran’s nuclear deal, which curbed demand for foreign currency.  The US dollar fell…

The Central Bank of Iran has increased the reserve requirement of nine banks with weak finances, head of the CBI Department for Health Assessment said.  “Six banks saw their legal reserve…

The government sold 36.2 trillion rials ($121 million) bonds in the latest weekly auction on Tuesday.   It was the biggest bond sale during the 13 auctions held weekly since the May, the…

Fish farms across Iran suffered 7.34 trillion rials (more than $24 million) in losses due to recent floods that swept the country, according to director general of Planning and Budget Bureau of…

The Iranian government is taking measures to boost its economic ties with African states. Seven new business centers are going to be established in Africa by the end of the current fiscal year…

A total of $400 million worth of non-oil goods were exported from Tehran Province to 160 countries during the first four months of the current Iranian year (March 21-July 22), registering a 33.…

Iman Khomeini International Airport gained 40 trillion rials ($132 million) in customs revenues from the beginning of the current Iranian year on March 21, to August 15, registering a 147% rise…

A total of 1.36 million tons of goods were loaded and unloaded at Busher Port in the southern Bushehr Province during the first five months of the current Iranian year (March 21-July 22),…

A total of 51,862 tons of red meat were produced in Iran's official slaughterhouses during the month ending July 22 to register a 1% decrease compared to the previous month and a 4% year-on-year…

Iran exported 2.57 million tons of agricultural and food products worth $1.33 billion during the first four months of the current fiscal year (March 21-July 22), new data released by the…

There have been three views on the impact of sanctions in the economic discourse of policymakers over the past years; one group believes that sanctions have no effect, what so ever; the second…

To help conserve diminishing water resources and draw on unconventional means for industrial use in the arid province of Khuzestan, an agreement was signed between the National Water and…

The project to transfer water from the Talvar Dam in Kurdistan Province to regions in Hamedan is in the final stages and is expected to be completed before the end of summer. It will help meet…

Electricity consumption reached an historic high in Iran on Tuesday but no blackouts were reported across the country, the spokesman of the power industry said.

A last-ditch attempt by Europe to revive the Iranian nuclear deal has stoked speculation that millions of barrels of oil are set to flood world markets. The return could be swift if Tehran’s…

Senior Iranian officials engaged in talks to revive the 2015 nuclear deal briefed lawmakers on the latest developments of negotiations in a private meeting on Wednesday. 

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The Speedtest web service in its latest survey on internet speed worldwide said the speed of fixed internet in Iran declined in July while mobile internet increased compared to the previous…

The Central Bank of Iran on Tuesday announced new rules to curb the growth of banks assets and control their balance sheets.  The regulator appraises the performance of banks based on…

Sell-side pressure hit majority of large cap stocks on Tuesday as investors shunned shares of commodity and export-based companies in anticipation of a stronger rial.  The main index of…

The nationwide e-payment settlement network, Shaparak, processed an estimated 38.85 billion payments worth 71,274 trillion rials ($236.8 billion) in the last fiscal year that ended in March.…