Economy

Austria’s Transport Minister Joerg Leichtfried said he had agreed with carmakers to update the software of 600,000 diesel cars to reduce pollution following a similar deal struck in Germany…

Chinese automaker Great Wall Motors said there are “big uncertainties” whether it will continue to study a takeover of Fiat Chrysler Automobiles’ Jeep division.

Automotive News first…

Bank Melli Iran–the country’s biggest commercial lender–is expanding its presence in neighboring Iraq by establishing new branches in its capital city Baghdad, the shrine city of Najaf and the…

Iran’s Bank of Industry and Mine has set up correspondent relations with 82 banks from 33 countries in the last Iranian year (ended March 20, 2017), the bank’s deputy for international affairs…

In order to improve banks’ financial transparency and prevent any abuse, the Central Bank of Iran has for the first time formulated regulations to identify and manage banks and credit…

The annual general meetings of major banks and credit institutions have run into a snag, as lenders struggle to incorporate the latest standards introduced by the Central Bank of Iran into their…

Tehran Stock Exchange’s main index gained 297.40 points or 0.36% to end Tuesday trade at 82,372.4.

About 1.52 billion shares valued at $87.66 million changed hands for the day.

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It hasn’t been the investment bonanza Iran hoped for, but the billions of dollars unlocked by its 2015 nuclear deal with world powers might help cushion the impact of any future US assault on…

Per capita consumption of dolls and toys in Iran is less than $5 per year, an official with the Institute for Intellectual Development of Children and Young Adults said.

Speaking at the…

Mouteh Gold Mine produced 136 kilograms of gold ingots during the first four months of the current fiscal year (March 21-July 22), registering a 48% growth compared with last year’s…

Steel usage in Iran during the first four months of the current fiscal year (March 21-July 22) stood at 11.61 million tons, up 8.62% year-on-year.

The Iranian Steel Producers Association…

As much as 10% of the National Development Fund of Iran’s annual earnings have been allocated to the agricultural sector, a deputy agriculture minister said.

More than 60,550 tons of potatoes worth 448.76 billion ($13.83 million) were exported to 13 countries during the first four months of the current Iranian year (March 21-July 22), the Islamic…

Questioning the seriousness of India’s intent, Iran has sought a firm commitment from New Delhi that the construction of the $1.6 billion rail link from Chabahar Port will be taken up…

The Ninth International Exhibition of Floorings, Moquette, Machine-Made Carpets and Related Industries is scheduled for September 4 to 7 in Tehran’s International Fairground.

More than…

More than 660,000 tons of goods worth $173 million were exported from Yazd Province in central Iran during the first four months of the current fiscal year (March 21-July 22), registering a 16%…

Iran exported $58 million worth of goods to Syria during the first four months of the current fiscal year (March 21-July 22), registering a 100% increase compared with the corresponding period…

Azerbaijan and Turkey have exported 446 tons of food to Qatar via Iran’s southern port of Bandar Lengeh in Hormozgan Province on the coast of Persian Gulf, as of the beginning of the current…

The new minister of Communications and Information Technology has said that Twitter’s blocking is not linked to moral and cultural factors, but to security issues and could be unblocked.

Drivers of ride-hailing services like Snapp and Tap30 are exempted from paying tax for now, the director of Iranian National Tax Administration told reporters on August 20.

A point that…

Mobile phone maker Motorola's distributor in Iran has officially revealed the new Moto X4 on its Instagram page for the first time.

Homa Telecom, the official distributor of Lenovo and…

A service which claims to insert advertisements into Telegram messenger channels has been launched in Iran, giving web administrators and marketing managers a new way to target consumers. The…

Iran exported close to $3 million worth of goods to Nigeria during the first four months of the current Iranian year (March 21-July 22), registering a 69% increase compared with the…

A company is in distress, its stocks are tanking, and red ink is all over the place. To address these, the board of directors ousts the CEO and starts looking for a more competent manager.

New Minister of Economic Affairs and Finance Masoud Karbasian appointed Foroud Asgari as the caretaker of the Islamic Republic of Iran Customs Administration on Monday. Karbasian has been…