Economy

An official with the Department of Environment has called on Sarcheshmeh Copper Complex to cut production until it addresses its emission issues.

“This factory’s environmental pollution…

Bank of Industry and Mine will be the first Iranian bank to sell off its excess assets on the capital market.

The state-owned lender is scheduled to offer a 51% stake in its investment…

Tehran Stock Exchange’s main index gained 142.03 points or 0.15% to end Monday trade at 97,924.7.

About 820 million shares valued at $31.81 million changed hands at TSE for the day.

Uber Technologies has agreed to settle a lawsuit with Alphabet’s Waymo over allegations that Uber stole and used intellectual property for self-driving vehicles.

Senior Renault board member Thierry Desmarest has resigned from the French carmaker days ahead of a meeting at which Chief Executive Carlos Ghosn is asking directors to back his chosen successor…

A subsidiary of Iran Khodro, Clean Auto Catalysts Co at the weekend launched production lines of Euro 5 catalysts at Mahmoud Abad Industrial Zone near the central city of Qom, 120km south of…

Parliamentarians have mandated the government to tax 1% of miners’ total sales and deposit the earnings with the treasury as part of the next fiscal year’s (March 2018-19) budget. A vote of 115…

Iran Air is not having problems financing plane purchases from Boeing and Airbus, but deliveries could be hampered if the United States does not extend export licenses, Chief Executive Farzaneh…

Dark clouds gathered for stocks all around the world last week. 

The Dow Jones Industrial average had its largest one-day fall on record and erased all gains made so far this year…

Tehran Stock Exchange’s main index shed 516.96 points or 0.53% to end Saturday trade at 97,782.73.

About 649.07 million shares valued at $34.34 million changed hands at TSE for the day…

As per a recent presidential order, the cheapest loans in Iran are to become more affordable with the aim of accelerating the revitalization program for distressed urban and rural areas.

As high-profile Iranian and European officials gathered in Paris on Thursday for the Euromoney Iran Conference 2018, an upbeat mood permeated the event with participants forecasting better…

Bank Mellat has reached an agreement with the Association of Bureaux de Change Operators of Iran, based on which authorized money exchangers will be able to enjoy several services from the…

A freight train arrived in Iran’s northern border city of Astara from Russia’s St. Petersburg on Thursday, marking the inauguration of a cross-border strand of the International North-South…

Trade turnover between Azerbaijan and Iran increased by 30% in 2017, Azerbaijan’s Economy Minister Shahin Mustafayev said during a reception organized on the occasion of the 39th anniversary of…

Setting a strong pace for 2018, Muscat-based low-cost airline SalamAir has announced the launch of its first destination in Iran. 

Starting Feb. 28, the airline will operate two…

The government’s overall revenues during the first nine months of the current fiscal year (March 21-Dec.

Iran and Sri Lanka signed documents on Saturday to expand cooperation in various fields, including trade and economy, the news portal of Sri Lankan government reported, citing IRNA.

The…

Bitcoin and other digital currencies have, so far, not been formidable competition for cash, checks or credit cards as a payment method in the United States and other major economies, according…

A portion of iOS source code has been posted online to GitHub, and in an interesting twist, a new report from Motherboard reveals that the code was originally leaked by a former Apple intern.

A new startup has started operating in Tehran named Washlin that offers on-demand laundry and dry-cleaning services.

It operates through the website washlin.com, an Android app available…

In about 10 days from now, the Financial Action Task Force–an international anti-money laundering group–will hold its regular plenary meeting in Paris to consider, among other items on its…

Iran's gold jewelry demand in 2017 reached 45.4 tons, which was up 12% for the year and the most since 2013, data released by the World Gold Council show. 

According to the council…

Data released by the Central Bank of Iran on Wednesday show that the regulator has enjoyed a healthy boost to its foreign assets in the past 12 months.

Money and Credit Council, a top financial decision-making body, has approved regulations supervising the issuance of mortgage-backed securities, paving the way for all banks and credit…