Iran exported $27.6 million worth of commodities to the United States during the first five months of 2016, according to the US Census Department.
No exports were registered from Iran to US…
Economy
Uzbekistan hosted the annual summit of Shanghai Cooperation Organization on June 23-24.
New regulations have been communicated to carmakers and vehicle importers in regards with the cap of payments for the presale of vehicles. Carmakers and vehicle importers have been forbidden from…
A total of 10,000 vehicles worth $255 million were imported into the country in the first quarter of the current Iranian year (started March 20).
According to the list of imported cars…
Russian new car sales fell 13% in June to 122,633, the Association of European Businesses said in a report released on Friday.
Registrations for the first six months declined by 14.1% to…
French automaker Renault’s small car Kwid has clocked 150,000 orders since its launch in India last September, playing a key role in boosting the group’s sales in Africa, Middle East and India in…
The government is planning to push again for increasing banks’ capital, the government spokesman, Mohammad Baqer Nowbakht, told state-TV.
Bank Sepah’s branch in Rome has obtained permit from the Bank of Italy for offering all banking services including issuing letters of credit, issuing guarantees in foreign exchange and transacting…
Bank Maskan, specializing housing mortgage, has lowered its fees for issuing repayment guarantees for installment sale contracts from 5% to 2.3%, according to the bank CEO, Mohammad Hashem…
Iran Insurance Company has sent a group of experts to Mahshahr Port in south Iran to determine losses caused by the massive blaze in Bou Ali Sina Petrochemical Complex. IIC is the agent insurance…
President Hassan Rouhani on Tuesday said new regulations related to the salaries of top officials and executives, obliging all government and affiliated bodies to disclose the salaries of their…
Head of the Majlis Research Center has called for expanding ties with the Central Bank of Iran, which he said “would help maximize the efficiency of regulations.”
Iranian steel producers are expected to export close to 5.8 million tons of steel by the end of the current Iranian year (March 2017), says Rasoul Khalifeh-Soltani, the head of Iran Steel…
Since the beginning of the harvest season in late March, about 5.6 million tons of wheat worth some 71,000 billion rials ($2.04 billion at current market exchange rate) have been purchased from…
Close to 2.2 million licensed sales outlets are active across the country, according to the Statistical Center of Iran.
Grocery stores, real-estate agencies and hair salons are the most…
More than 150,000 tons of coal concentrate were produced in the first three months of the current Iranian year (March 20, 2016-17), indicating a 54% increase compared to last year’s corresponding…
Tehran Stock Exchange’s benchmark index gained 109 points or 0.15% in the last trading week that ended on July 6 to close at 74,049.
Wednesday was a public holiday and the TSE is closed on…
A survey of 10 economists and representatives of Iran’s private sector economy shows they are against raising tax rates as a way to supplant the government’s receding oil revenues.
Recent explorations carried out by Iran Mines and Mining Industries Development and Renovation Organization in Zarshouran Gold Mine have increased the mine’s proven reserves from 80 to 108 tons,…
A South Korean identification card solution company has bagged a deal to supply electronic ID cards to Iran. SME Networks will supply 60 million chips for electronic ID cards to the Iranian…
Iran’s employment market is gradually distancing itself from patriarchy, says deputy minister of cooperatives, labor and social affairs, Isa Mansouri, citing the decrease in women’s unemployment…
Bulgarian Prime Minister Boyko Borisov is scheduled to visit Iran at the head of a trade delegation from July 11 to 12, the Sofia-based news agency Novinite reported, citing Economy Minister…
An Iranian trade delegation led by the deputy head of Iran’s Chamber of Commerce, Mines, Industries and Agriculture, Gholamhossein Shafeie, is scheduled to visit Germany from July 12 to 14.
The Republican-led US House of Representatives has approved measures aimed at blocking US companies from selling commercial passenger aircraft to Tehran.
However, the move is expected to be…
In what system has Iran’s economy become entangled in that it has failed to live up to expectations despite the abundance of economic resources and the availability of skilled human resources?
