Economy

Iran's crude oil crossed the $57-a-barrel threshold for the second time this year as global prices continue to draw support from the prospect of extending a supply cut agreement between OPEC and…

The Iranian Cabinet has notified the Law on Combating Financing of Terrorism for implementation 20 months after the measure received the parliamentary approval.

Iran and Switzerland have made significant improvements in their banking ties.

This was announced by Iran’s Deputy Economy Minister Mohammad Khazaei after a meeting with Philippe Leuba,…

The US dollar gained against the rial on Monday to reach its highest value in Tehran’s foreign exchange market in 10 months. According to Tehran Gold and Jewelry Union’s website, the rial was…

The latest measures undertaken by the Central Bank of Iran have had a positive impact on interbank rates, bringing them down from the previous rates of  over 20%, said the head of the Iran…

Close to 10,260 tons of apricots worth nearly 207.9 billion ($6.37 million) were exported from Iran during the five months to Aug. 22, data released by the Islamic Republic of Iran Customs…

Some 95% of online recruitment sites in Iran are illegal.

The Ministry of Cooperatives, Labor and Social Welfare and Cyber Police of the Islamic Republic of Iran are on the watch to…

A total of 26% of Iranian households (4.8 million) in urban areas had no employed member in the last fiscal year (ended March 20, 2017), according to data released by the Central Bank of Iran.…

A delegation from Iran’s Chamber of Commerce, Industries, Mines and Agriculture is scheduled to visit Ivory Coast from December 5 to 7.

Iran’s trade with Turkmenistan stood at $1.7 billion in 2016, the minister of roads and urban development said.

“The figure is very low, considering the two countries’ economic…

As per a directive issued by the Islamic Republic of Iran Customs Administration, trucks carrying goods to Iraq, except for refrigerated freights loaded with perishable food, through the…

Tehran Stock Exchange’s main index lost 61.40 points or 0.07% to end Monday trade at 87,843.7.

About 548 million shares valued at $31.073 million changed hands on Monday.

Trading…

Major Iranian mining companies produced 197.53 million tons of mineral products in the first seven months of the current fiscal year (March 21-Oct. 22), registering a 9.17% growth compared with…

The 19th International Marine Industries Conference and Iran International Marine and Maritime Industries Exhibition are scheduled to be held on the southern Kish Island from Dec. 11 to 14.

The average Producer Price Index for the industrial sector in the 12-month period ending Sept. 22, 2017, which marks the end of summer, increased by 10.2% compared with the same period of last…

Trade between Iran and Turkey stood at $8.15 billion during nine months since the beginning of 2017, according to the latest statistics released by the Turkish Statistical Institute.

The Iranian National Tax Administration says value-added tax would be exempted on hybrid electric-petrol cars.

According to the website of the Presidential Office for Science and…

The French government has begun the sale of 4.73% of carmaker Renault, paring its holding back to the 15% that preceded a 2015 power struggle with Chief Executive Carlos Ghosn and removing a…

Oghab Afshan Industrial and Manufacturing Company— producer of Scania buses in Iran — has unveiled its latest model it says is eco-friendly.

The company unveiled a city bus named ‘Parsin…

Tesla lost a record $671 million in the third quarter, but most investors preferred to avert their gaze from ‘mundane short-term problems’ and cling to their big vision for the future.

The Financial Action Task Force has updated its document on engagement with Iran and urged the country to fulfill its commitments by its deadline of Jan. 31, 2018, and has also renewed its…

The Iranian Parliament has now boosted efforts to sideline the US dollar in Iran’s international deals following recent remarks by Leader Ayatollah Seyyed Ali Khamenei who called for the…

Two information systems aimed at implementing standards pertaining to anti-money laundering and combating financing of terrorism required by the Financial Action Task Force have been unveiled at…

A number of Iranian banks have declared their interest in opening branches in Belgium, which goal is expected to materialize with the help of both countries.

Tehran Stock Exchange’s main index added 36.50 points or 0.04% to end Sunday trade at 87,905.1.

About 681 million shares valued at $40.3 million changed hands on Sunday.

Trading…