Economy

Iran’s High Council of Cyberspace, one of the main entities deciding the fate of virtual currencies in Iran, has welcomed the idea of Bitcoin and other cryptocurrencies if they are harnessed by…

 After gold coin’s continued rally in the past month, which pushed its value to the highest level in nearly six years in Tehran’s market on Monday, the yellow metal’s surge lost momentum…

Switzerland’s industrial production and turnover increased notably in the third quarter, the federal statistical office reported Friday, RTTNews reported. Industrial production grew 8.6% year-on…

Iran exported 298,204 tons of non-oil commodities worth $143.46 million to Russia during the seven months to Oct. 22, registering a 96.32% and 63.21% growth in volume and value respectively…

Close to 680 tons of toothbrush worth more than 399 billion rials (around $12 million) were imported into Iran during the seven months to Oct. 22, figures released by the Islamic Republic of…

The rate of prescription drugs used in Iran is the same as China’s, a member of Majlis Health and Treatment Commission said.

Referring to the heavy debts of the government to the…

Director of Ports and Maritime Organization in Bandar Lengeh Mahmoud Saberi said 493,763 tons of non-oil goods were exported from the southern port in the first seven months of the current…

The South Korean ambassador to Iran said Seoul is shifting focus from trade to investment in Iran.

Kim Seung-ho also told Mehr News Agency in an interview that Seoul is looking beyond…

 Some 800 people have become unemployed following the recent earthquake in the western Iranian province, while the natural disaster has caused the indirect unemployment of 1,500 people, the…

The 14th International Exhibition of Metallurgy, also known as Iran Metafo 2017, is scheduled to be held from Dec. 4 to 7 in Tehran’s International Fairground.

Minister of Industries, Mining and Trade Mohammad Shariatmadari has reappointed Mehdi Karbasian as the head of Iranian Mines and Mining Industries Development and Renovation Organization and his…

Tehran is hosting the 17th International Exhibition of Home Appliances that opened on Thursday and will run through Nov. 28.

“Our home appliances industry accounts for 0.7% of the…

The results of a study by Majlis Research Center show out of six subcategories of transportation, “road transport” has the highest direct job creation coefficient among 35 economic sectors.

Tehran Stock Exchange’s main index TEDPIX gained 1,333 points or 1.5% during the trading week that ended on Nov. 22 to close at 89,339.1.

The benchmark index is currently around…

The area under greenhouse cultivation in Iran presently spans 12,157 hectares, which is 38% more compared to the period before August 2013 when President Hassan Rouhani took office, according to…

The latest data on ICT development from International Telecommunication Union shows continued progress in connectivity and use of information and communications technologies in Iran.

A local startup dubbed ‘Cleanx’ has been launched providing users with housekeeping services.  In addition to its website, cleanx.ir, the startup offers services through an Android app…

Iran Computer and Video Games Foundation has called on game developers wanting to attend the 7th Tehran Video Game Festival to submit their products.

According to a press release,…

European Union privacy regulators will discuss ride-hailing app Uber’s massive data breach cover-up next week and could create a task-force to coordinate investigations.

Uber faces…

Export Development Bank of Iran–the country's exim bank–is to integrate its resources with funds from the country's sovereign wealth fund to allocate them as loans to Iranian exporters, EDBI’s…

Tehran Chamber of Commerce, Industries, Mines and Agriculture has conducted a study on the presence of foreign banks in different countries and its  economic impact, underscoring the lack…

The research arm of the Iranian Parliament has conducted a thorough study on the dire condition of Social Security Organization–the country's largest pension fund–and offered short- and long-…

Central Bank of Iran’s Vice Governor Akbar Komijani appealed to the country’s banking system to help the victims of Kermanshah’s recent earthquake and fulfill their corporate social…

Tehran Stock Exchange’s main index gained 564.50 points or 0.64% to end Wednesday trade at 89,339.1.

About 1.23 million shares valued at $68.49 million changed hands in the day.

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Iran’s semi-finished steel exports during the first seven months of the current fiscal year (March 21-Oct. 22) stood at 3.51 million tons, up 76% year-on-year, according to Iranian Steel…