Economy

Boeing said on Wednesday it had sold aircraft-related goods to Iran Air in the third quarter, marking the first acknowledged dealings between US aerospace companies and Iran since 1979, Reuters…

The deputy minister for industry, mine, and trade said the ministry supports world-class mines; although small mines are definitely contributing to the domestic economy, reported Eghtesadnews.…

The government in September eliminated tariffs on raw iron ore in blocks or slabs, ore concentrate, and iron ore pellets, reported SENA.

Trade Promotion Organization (TPO) said the…

T he Tehran Stock Exchange (TSE) had a spectacular trading week, in the seven days that ended Oct 22, as the TEDPIX surged almost 3 percent to marking the benchmark’s highest growth in more than…

Iran has exported its first consignment of alumina or aluminum oxide to Tajikistan, the general manager of industry, mine, and trade office at North Khorasan province told IRNA.

Yahya…

A French delegation active in auto industry is about to visit Iran Khodro Industrial Group’s (IKCO) main facilities, Hashem Yekezareh, managing director of IKCO told ISNA.

Tehran and Amsterdam have discussed the expansion of bilateral trade ties during a meeting between the chairman of Iran’s chamber of commerce Gholamreza Shafei and his Ducth counterpart in the…

Farmers should not be burdened with paying high water prices, neither should low consumers in urban areas, presidential advisor Akbar Torkan told ILNA on Friday. “However, an increase in water…

Iran and Turkey have agreed to continue and broaden trade ties, Turkish Economy Minister Nihat Zeybekci said in meeting with the Iranian ambassador to Ankara, Alireza Bigdeli, as ISNA…

A trilateral agreement has been signed between the Iranian National Carpet Center (INCC), the governor of Fars Province and the provincial organization of industry, mine and trade for developing…

The amount of goods transited from Iran’s borders in the first six months of the year (March 21-August 22) shows 5.2% increase compared to last year’s figures, said Mohammad Atrchian, the director…

In a meeting with Qatari Minister of Economy and Trade Ahmad bin Jasim bin Muhammad Al Thani, Iranian Vice President, Eshaq Jahangiri, expressed Tehran’s readiness for the enhancement of…

Small industries are set to receive 250 trillion rials in loan facilities as allocated by the ministry of industry, mine and trade, said the deputy minister on Wednesday.

Trade between Iran and Russia is on the rise, as the two augment their economic ties to cushion the impact of Western sanctions imposed on each of them.

The president of the Institute for Trade Studies and Research called on Wednesday for developing a cluster and network for firms active in the aerospace industry.

Aras Free Trade Industrial Zone or AFZ for short is one of Iran’s most popular and bustling business frontiers anywhere in the country.

Situated in northwest Iran bordering Armenia,…

The Money and Credit Council set a three-year deadline for the commercial banks to sell their non-banking assets in the equity market.

The Money and Credit Council is tasked with considering a mechanism for establishing international banks in free trade zones, according to an official from the Center for Free and Special Economic…

Tehran Stock Exchange’s bullish trend calmed down and the stock market’s main indexes didn’t contribute that much as the TEDPIX rose only 0.03 percent on Wednesday.

Despite two broad…

The deputy minister of industry, mine, and trade said he would negotiate with the Chinese over Miyaneh steel project in order to make it operational by next summer, reported Irna.

The Securities and Exchange Organization (SEO) is gearing up to facilitate the process of attracting foreign investment in a bid to bolster the capital market, Ali Salehabadi, head of the SEO said…

Iran’s crude steel production hit a record high within the first nine months of 2014, with a 6.6 percent increase compared to the same period last year, the World Steel Association reported. Iran’…

An Iranian delegation is in Istanbul to discuss ways of developing economic cooperation between Iran and Turkey, IRNA reported on Wednesday.  Deputy chairman of the Trade Promotion…

The Money and Credit Council rejected bid to give mortgages to journalists and artists, according to the Central Bank of Iran.

Lack of knowledge and business management is evident when it comes to handicrafts, Majid Reza Hariri, deputy chairman of Iran-China chamber of commerce has said. “This causes the shortcomings in…