Iran is planning to eliminate trade deficit in the food sector, the agriculture minister said.
“In the agriculture sector, we have focused on the food trade balance. We are trying to push…
Economy
Sina Insurance, affiliated to Sina Bank, will soon start online selling auto third-party insurance through mobile applications. Amin Shirkhani, the company’s managing director, said that the…
Banks will issue Japan’s JCB cards for Iranian customers by September, head of the Central Bank of Iran’s department for payment systems said Monday.
Ministry of Cooperatives, Labor and Social Welfare has made changes to regulations for housing cooperatives, reducing their license validity to five years and cutting the maximum number of members…
The property market is about to enjoy a relative boom in the coming fiscal year (starting March 20), a housing expert has predicated.
The Central Bank of Iran transferred $780 million to the International Monetary Fund through SWIFT interbank messaging system in order to increase Iran’s quota with the international lender. The…
Tehran Stock Exchange’s main index TEDPIX retreated 194.60 points or 0.25% to end at 77,539.2 points on Monday, as the morbid mood in equity markets persisted and led to a decline in 60% of the…
Iran’s first rare-earth ingot with a purity grade of 99%, also called Mischmetal, was unveiled during a ceremony attended by Vice President Sorena Sattari, head of Atomic Energy Organization of…
Businesses could not have hoped for a better result from Iran’s parliamentary elections, as the new parliament is the first pro-business one in a decade.
Gains by reformist candidates in…
Iran's Ministry of Roads and Urban Development is selling 24 trillion rials ($685 million at market exchange rate) of Islamic bonds to expand Iran's transport infrastructure early March.
…
Iran’s third exclusive exhibition will be held in the Afghan capital of Kabul on March 2, with over 100 Iranian companies participating in the event.
In the four-day exhibition, Iranian…
Chinese car manufacturers will have to leave Iran, if they fail to increase the share of local content in their production plans for Iran, a deputy minister said.
The contract framework between France’s Renault and Iran’s second largest carmaker SAIPA will soon be finalized, a deputy minister said.
Audi expects its Q7 e-tron plug-in hybrid to stand out from a fast-growing list of competitors that includes BMW, Mercedes-Benz, Porsche and Volvo because of the investments it has made in the SUV…
The Central Bank of Iran has made an announcement saying it is the sole authority when it comes to regulating the foreign exchange market and setting the record straight on the operation of…
The governor of the Central Bank of Iran has called on the government of Switzerland to help introduce Iran’s banking sector to Swiss business leaders and entrepreneurs to help build cooperation…
The Central Bank of Iran will release its nine-month economic growth report in the last week of the current fiscal year (ends March 19). CBI vice-governor, Akbar Komijani, said the CBI…
SHAPRAK payment and settlement network hosted 838 million successful transactions during the month that ended Jan. 20 with a total worth of 873.1 trillion rials ($28.9 billion), marking a…
Saffron production increased by 20% in the current Iranian year (to end March 19, 2016), compared to last year, to reach 300 tons, a saffron exporter said. “Price fluctuations have, however,…
Close to $1.5 billion worth of clothing have been smuggled into the country so far this Iranian year (to end March 19, 2016), says the head of the Ministry of Industries, Mining and Trade’s…
During Chinese President Xi Jinping's visit to Tehran in January, Iran and China agreed to cooperate in a number of areas, including energy, transportation, railroads and ports.
Tehran Stock Exchange’s main index TEDPIX shed 494.50 points or 0.63% to end Sunday trade at 77,733.8.
Over 1.4 billion shares valued at $169 million were traded, with daily trade value…
More than $25 million have been invested by the Iranian Mines and Mining Industries Development and Renovation Organization, affiliated to the Ministry of Industries, Mining and Trade, so far this…
Government policies enacted after four ministers wrote a letter to President Hassan Rouhani in October averted an economic turmoil, the economy minister said.
"We made decisions about all…
Concrete blocks are made from cast concrete, Portland cement and aggregate, usually sand and fine gravel, for use in building construction.
Lower density blocks may use industrial wastes as…
