Iran’s non-oil imports during the eight-month period ending November 21 stood at about $27.30 billion, which registers a 20.95% decline compared to the corresponding period of last year, the…
Economy
With the benefit of hindsight, it should be said that oil prices plummeting to historic lows is not all gloom and doom.
The declining pattern that started from the summer of last year has…
The Mining Investment Insurance Fund’s capital assets have been raised by $25 million to reach $1.4 billion. The fund was established in 2001 with the aim of supporting private sector investment…
Many foreign firms have been hunting for economic opportunities in Iran following the July 14 nuclear deal with the world powers, which will soon see the removal of sanctions against the country…
A new report released by an Iranian advertising company has given a complete breakdown of Iran’s Internet users.
The report by online advertising company, ANetwork, notes Internet usage in…
The global battery market for solar PV inverters during 2015-19 is estimated to grow, as rising market competition and supply chain efficiency begin to bolster market growth during the next four…
A new website Kheftgiri.com, where users could report cases of mugging in Tehran, has been filtered only a few days after its launch.
The website aimed to alert citizens of Tehran about the…
Jabra, an American high-end audio brand that produces and markets a range of headphones and headsets, detailed its plans for expanding its market share in Iran last week.
Darcy Clarkson,…
Local e-commerce site Bamilo has announced it is taking part in the global trend of Black Friday by offering discounts. Marked after the fourth Thursday of November worldwide, Black Friday…
A special supervisory committee has been established to monitor and regulate the activities of uncertified credit and financial institutions including Samen Alhojaj, Hamaid Tehranfar vice-governor…
The head of an economic think tank has sounded the alarm on municipalities’ growing reliance on unsustainable income and called for alternative sources of revenue to run urban affairs.
Commercial banks ventured into business activities with the implementation of Article 44 of the Constitution, a top finance and banking expert said on Wednesday.
Bank Saderat Iran has announced that the government’s new auto loan scheme would help settle car manufacturers’ debts to the banking sector and would not have any inflationary effects.
Mass construction of housing units would help cut costs and improve the financing and funding of housing projects, said head of Kayson, a prominent private construction company.
Foreign investments are protected from political risks by law, like the risk of nationalization, said Abolfazl Kodehi, director of Iran Foreign Investment Services Center, in the Second…
Corporate earnings will continue to fall this year, putting further downward pressure on Iranian equities that are in a two-year bear market, chief executive of Tehran Stock Exchange said earlier…
Tehran Stock Exchange’s overall index inched up 13.70 points or 0.02% to settle at 62,734.6 at Wednesday’s close.
More than 398 million shares changed hands valued at $51.3 million to…
Iran Mercantile Exchange’s industrial and mining trading board witnessed the supply of 1,840 tons of aluminum alloys and 200 tons of 7-6063 billets by Iran Aluminum Company on Wednesday.
A new trade exhibition scheduled for May in Tehran will host businesspeople tracking the country’s predicted growth in logistics, conveyance, storage and other related fields, as it rejoins world…
In Iran greenhouse farming is not economically viable because of the country’s diverse topography and climate, says a greenhouse owner.
Mohammad Reza Teimouri, who is also the first…
Iran and the Netherlands signed a memorandum of understanding on cooperation in the agriculture sector, including development of greenhouse cultivation, genetic modification of crops, high-…
An Italian economic delegation, including representatives of the country’s banks, heavy industries, oil and petrochemical sectors, visited Aras Free Trade Zone earlier this week to weigh up…
Some 3.5 million tons of more than 400 commodities worth $1.23 billion were exported from Yazd over the past two years, says head of the province’s Industries, Mining and Trade Organization,…
The Ministry of Industries, Mining and Trade has recently published a document titled “The Guide for Developing Investment and Economic Cooperation With Iran in the Fields of Industries, Mining…
Iran’s Minister of Economic Affairs and Finance Ali Tayyebnia and his deputies Mohammad Khazaei and Shapour Mohammadi attended the 31st session of the Standing Committee for Economic and…
