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September 12, 2025
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  • Economy, Domestic Economy
    Much Room for Growth in Iran’s Leather Industry
    December 09,2016

    The Third International Exhibition of Bags, Shoes, Leather and Related Industries opened in Tehran on Tuesday, with foreign companies from 80 countries exhibiting their brands.

    Held at the…

    news
  • Domestic Economy
    Iranian Gov’t to Sell Bonds Worth $7b
    December 09,2016

    The government plans to get 275 trillion rials ($7 billion at market exchange rate) of the 3,711 trillion rials (about $95 billion) it needs for the next Iranian year's budget by selling bonds.…

    news
  • Economy, Domestic Economy
    Mazandaran Frost-Stricken Farmers to Get Loans
    December 09,2016

    The government decided on Wednesday to allocate 2 trillion rials ($51.28 million at market exchange rate) in loans with an interest rate of 10% to orchard owners in Mazandaran Province who…

    news
  • Economy, Domestic Economy
    Tehran to Host CAFA Forum
    December 09,2016

    Tehran will host the annual forum of the Council of Asia-Pacific Furniture Association (CAFA) on December 14, in which representatives of furniture associations from Pakistan, the Philippines,…

    news
  • Economy, Domestic Economy
    Iran to Send Skilled Workers to Oman
    December 09,2016

    Iran will send skilled workers in tourism, mining, fishing and transportation sectors to Oman, based on an agreement reached between Iran’s Minister of Cooperatives, Labor and Social Welfare Ali…

    news
  • Economy, Business And Markets
    French Aviation Firms Gauge Iran Opportunities
    December 09,2016

    Representatives of French firms were in Tehran for a three-day visit ending Wednesday to offer solutions in the fields of aerospace maintenance and airport infrastructure, and explore business…

    news
  • Economy, Business And Markets
    Forum Highlights China’s Role in Iranian Recovery
    December 09,2016

    Senior officials and trade association leaders from China and Iran have called for reinforcing Beijing’s role in revitalizing infrastructure and trade in Iran.

    China is well positioned for…

    news
  • Economy, Business And Markets
    Cement Output Estimated at 57m Tons
    December 09,2016

    Plans are underway for cement production to reach 57 million tons by the end of the current Iranian year (March 20, 2017), 20% of which will be earmarked for exports, says a member of Cement…

    news
  • Economy, Business And Markets
    Moody’s Highlights Challenges to Iran’s Budget Plans
    December 09,2016

    Iran’s budget plans for the post-sanctions era are supportive of growth, but the incoming US administration and oil prices could present obstacles, Moody’s said.

    news
  • Economy, Business And Markets
    IRISL Places $650m Order for 10 South Korean Vessels
    December 09,2016

    Islamic Republic of Iran Shipping Lines has signed its first post-sanctions shipbuilding deal with the world's largest ship manufacturer Hyundai Heavy Industries on December 9.

    Based on a…

    news
  • Economy, Business And Markets
    Stocks End Week at Record Highs
    December 09,2016

    Tehran Stock Exchange’s Benchmark index gained 1,323 points or 1.7% during the week that ended December 7 to end at a nine-month high of 81,341.

    IFX, the over-the-counter Iran Fara Bourse’s…

    news
  • Economy, Business And Markets
    Pakistan Ponders Opening Bank Branches in Iran
    December 09,2016

    A proposal for Pakistani banks to open branches in Iran will soon be reviewed by the neighboring country’s officials, said a member of the National Assembly of the South Asian country.

    news
  • Economy, Business And Markets
    CBI: No Interest Rate Cut Until March
    December 09,2016

    Iranian banks have no plans to further lower interest rates until the end of the current fiscal year that ends on March 20.

    news
  • Economy, Business And Markets
    New Banknotes a Possibility as Rials's End Looms
    December 09,2016

    If the decision made by the Cabinet to change Iran’s monetary unit is implemented, Iranian banknotes will also undergo changes, a deputy governor of the Central Bank of Iran said.

    news
  • Economy, Business And Markets
    Tayyebnia Meets CNB Chief
    December 09,2016

    Iran’s Economy Minister Ali Tayyebnia has called for the expansion of Iran-Czech banking relations during a meeting with Governor of Czech National Bank Jiri Rusnok on Thursday in Prague.…

    news
  • World Economy
    Fed Rate Hike Rumor Hits Gold Market Hard
    December 09,2016

    Gold’s getting hit from all directions. Bullion’s heading for the worst run of weekly losses in more than a year as the Federal Reserve gears up to hike rates, US equities at record levels lure…

    news
  • World Economy
    Business Leaders Urge G20 to Resist Protectionism
    December 09,2016

    A group of business executives has urged the Group of 20 leading economies to resist the temptation to take protectionist measures and to foster international economic cooperation.

    news
  • World Economy
    Euro Slides as ECB Tapers QE Purchases
    December 09,2016

    The euro has took a pause on Friday, following sharp losses in the Thursday session. EUR/USD dropped 1.3% after the ECB announced that it was reducing its asset-purchase program.

    news
  • World Economy
    BoE Sees Higher Inflation, Interest Rates in 2017
    December 09,2016

    Britons expect a sharp rise in inflation over the coming year following the plummet in the value of sterling after Britain’s vote to leave the European Union, and more now believe a hike in…

    news
  • World Economy
    Turkey Gov’t Strives to Improve Slumping Economy
    December 09,2016

    The Turkish government has revealed extraordinary measures to revive the Turkish economy, which has been hit by massive losses in the Turkish lira, vowing to make 2017 a “saving year” for the…

    news
  • World Economy
    S. Africa Current A/C Deficit Widens
    December 09,2016

    South Africa’s current account deficit widened to 4.1% of gross domestic product in the third quarter of 2016 from a revised deficit of 2.9% in the second quarter, the central bank said on Friday…

    news
  • World Economy
    France CB Sees 1.3% Growth
    December 09,2016

    The French economy will grow 1.3% this and next year before picking up speed afterwards, the Bank of France said on Friday in its biannual economic outlook, trimming slightly its forecasts,…

    news
  • World Economy
    German GDP to Grow
    December 09,2016

    Germany’s central bank has increased its growth forecast this year and next for the country’s economy, Europe’s biggest, AP reported. The Bundesbank said Friday that it expects gross domestic…

    news
  • World Economy
    Zimbabwe Expects Growth in 2017
    December 09,2016

    Zimbabwe Finance Minister Patrick Chinamasa has presented the country’s 2017 budget to  parliament, Yahoo reported. The budget stands at about $4.1 billion. But he warned that measures should…

    news
  • World Economy
    SoftBank Opens HQ in London
    December 09,2016

    SoftBank Group Corp. has decided to place the headquarters of its $100 billion technology private equity group in the hedge fund heartland of London, and has begun hiring investment advisers,…

    news

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