The economy revolving around flowers is considerable and Iran’s flower market, notwithstanding all the shortcomings, is a big one, said the head of Flower and Ornamental Plant Research Institute…
Economy
Plans are underway to connect Iran and South Korea’s stock exchanges, announced Mohammad Fetanat, the head of Securities and Exchange Organization of Iran, during a meeting with the…
The government redeemed holders of its first batch of Islamic Treasury Bills this week, paying bond holders 5.58 trillion rials ($164 million at market exchange rate) in the process.
Tehran Stock Exchange’s main index TEDPIX advanced 870.20 points or 1.10% to close Monday trade at 80,236.7. Steel and mining companies as well as telecoms were the main driving force behind the…
According to South Korea’s Ministry of Oceans and Fisheries, the Islamic Republic of Iran Shipping Lines will start operating a 5,000-ton container ship to Busan Port once a week starting next…
A year planner or planner notebook is a small book or binder that is designed to be portable.
It usually contains a diary, calendar, address book, blank paper and other sections containing…
Foreign embassy workers in Iran will have new license plates in the upcoming Iranian year (starting March 20). The new license plates are one of the remaining registration marks in Iran to change…
Iran Khodro Industrial Group will sign an agreement with Mercedes-Benz in the first half of the new Iranian year (starting March 20).
Chief Executive Officer of IKCO Hashem Yekezare said…
Renault aims to double production capacity and market share in Iran, as the country’s economy opens up after the removal of western sanctions.
“The company is aiming for 20% of Iran’s…
The British government will allow driverless cars to be tested on UK motorways, helping to make the technology available to consumers by the end of the decade.
Exports from Anzali Free Zone in the northern province of Gilan have surged from $2 million in 2013 to $40 million in the 11 months ending Feb. 19, according to Reza Masrouri, CEO of the zone.…
Wheat imports in the upcoming Iranian year (to start March 20) are not banned but restricted, according to an official with the Government Trading Corporation of Iran.
"The temporary entry…
Lack of an effective tax policy for vacant homes has given rise to property hoarding in a market beset by recession.
As the housing market bubble burst in 2013, property owners suspended…
Italy’s sovereign wealth fund, Fondo Strategico Italiano, and the National Development Fund of Iran are negotiating the establishment of a joint fund worth $2 billion.
Iran’s Tejarat Bank and Export-Import Bank of China (Chexim) have signed an agreement to cooperate on financing projects and opening letters of credit.
The government is seeking to unify foreign exchange rates without directly getting involved in the market, said First Vice President Es’haq Jahangiri on Sunday. He noted that forex rates should be…
Bank Mellat and Turkey’s Halkbank will issue international credit cards for Iranians in the near future, said Ali Rastegar, Bank Mellat’s CEO. He noted that the two banks have been holding talks…
The Chinese Sinosteel Corporation has signed a memorandum of understanding with Iranian Mines and Mining Industries Development and Renovation Organization to establish an alumina production plant…
Maltese Foreign Minister George William Vella held meetings last week with high-ranking Iranian officials, in which opportunities for bilateral cooperation in different sectors were discussed.…
Tehran Stock Exchange’s all-share index TEDPIX soared 1,054.40 points or 1.35% to close Saturday trade at 79,366.5, the highest since March 2014.
About 58% of listed companies posted gains…
Egg exports will reach 90,000 tons by the end of the current Iranian year (March 19), says the secretary-general of Iran’s Egg Producers’ Association. “As we speak, 350 tons of eggs are being…
About 40% of Iran’s apparel market have been overtaken by smuggled clothes, mostly from China, says the director general of the Textile, Apparel and Leather Industry Organization affiliated to the…
Street vending is the safest form of informal economy, says director general for socio-cultural affairs at Tehran Governor General’s Office. Siavash Shahrivar’s remarks come as the voices of…
Foreign investors are rushing to cash in on a bonanza in Iran since UN economic sanctions were lifted in January.
Japan will provide a grant worth 1.2 billion yen, or around $10 million, to help Iran improve its medical services, NHK World, the international broadcasting service of NHK–Japan’s public…
