Economy

The dominance of foreign brands in Iran’s apparel market, mostly through smuggling, has undermined domestic production over the years.

In the hope of boosting domestic production and…

Tehran Stock Exchange’s main index gained 281.40 points or 0.34% to end Tuesday trade at 83,733.5.

About 755 million shares valued at $54.76 million changed hands for the day.

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More than 132,200 tons of different kinds of nuts worth over $351 million were exported from Iran during the first four months of the current fiscal year (March 21-July 22), registering a nearly…

Representatives from regional countries are expected to meet within the next two months in Iran to discuss plans for a new regional railroad that would run through five countries: Afghanistan,…

More than 770 tons of pencil sharpeners and sharpener blades worth close to 65.9 billion ($2 million) were imported from 10 countries during the first four months of the current Iranian year (…

Following the January 2016 implementation of the nuclear deal Iran signed with world powers in 2015, foreign financiers have been stepping in to fund domestic projects in Iran by opening lines…

Iran exported about $4.5 billion worth of goods to Turkey during the seven months ending July 2017, registering an 80% rise compared with the corresponding period of last year, the Turkish…

The National Competition Council says it will introduce a new mechanism for overseeing operations of ride-hailing services.

It is to announce a pricing system for services offered by…

Twitter is making some minor changes to its terms of service for users outside the US this October and a lot of people are rather upset about them.

What seems to be the trigger here is…

The Ministry of Communications and Information Technology is in talks with the judiciary to acquire permits to unblock the Telegram voice calling feature in Iran.

Huawei is delving into the world of artificial intelligence by introducing its first AI-enabled mobile processor.

The twin banking reform bills devised by the government are now being assessed in Majlis Economic Commission and will be ratified in open sessions by December, a member of the commission…

In his latest directive to the chief executives of banks, Governor of the Central Bank of Iran Valiollah Seif has laid down guidelines on how to spend any absorbed foreign finance to optimally…

President Hassan Rouhani’s Cabinet has allowed the Central Bank of Iran to engage in negotiations and sign the “agreement of the host country” required for the ECO Trade and Development Bank to…

The Islamic Republic of Iran Customs Administration announced on Monday that rice importers have until Friday to clear their shipments from customs terminals.

Rice imports are banned in…

More than 1,520 tons of sesame seeds worth 71.27 billion rials ($2.2 million) were imported during the fourth month of the current fiscal year (June 22-July 22), the Islamic Republic of Iran…

Close to 450 tons of dairy cattle worth more than 51.1 billion ($1.58 million) were exported from Iran to four countries during the first four months of the current fiscal year (March 21-July 22…

Three international exhibitions opened simultaneously in Tehran International Fairground on Monday and will run through Thursday.

More than 4 million tons of goods were transited in Iran during the first five months of the current Iranian year (started March 21), registering a 24% increase compared with the corresponding…

The Islamic Revolution Mostazafan Foundation will pull out of the hospitality sector and divest its assets, as decreed by the Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei, the…

Tehran Stock Exchange’s main index added 106.90 points or 0.13% to end Monday trade at 83,452.1.

About 856 million shares valued at $57.71 million changed hands for the day.

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Investing in stocks is an inherently risky business and it is the promise of sweet returns that attracts capital. In Iran, however, the risks are on a different plane of existence. They are…

An institutional stakeholder in Bank Mellat is scheduled to offer a 1.63% stake in the bank in a block sale on Wednesday. Mehr 78 Group, which also owns 3.4% and 2.3% stakes in Tejarat and…

The Ministry of Industries, Mining and Trade is considering the introduction of new contracts similar to Iran’s new oil deals for handing over Iranian mines to foreign investors for…

The Renault-Nissan alliance is expanding its push into China, teaming up with Dongfeng Motor Group Co. on its first locally designed electric vehicle as emissions rules tighten in the world’s…