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August 31, 2025
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  • Economy, Domestic Economy
    Obama Vows to Veto Bill Blocking Plane Sales to Iran
    November 15,2016

    US President Barack Obama’s administration said he would veto legislation seeking to block financial transactions related to the export of passenger aircraft to Iran, saying it would undermine the…

    news
  • Economy, Domestic Economy
    Iran's Exports to S. Korea Rise, Imports Fall
    November 15,2016

    Iran exported 4.6 million tons of non-oil goods worth $2.2 billion to South Korea during the seven months to October 21. The export value during last year's corresponding period stood at only $59.…

    news
  • Economy, Domestic Economy
    Customs Procedures Go Online
    November 15,2016

    The Islamic Republic of Iran Customs Administration announced that all customs procedures for exports are now being carried out electronically. Following the implementation of the so-called Single…

    news
  • Economy, Domestic Economy
    Nat’l Census Mostly Through
    November 15,2016

    Data from nearly 19.5 million or 81% of households have been collected from across the country by field officers since the beginning of the door-to-door phase of the eighth National Population and…

    news
  • Domestic Economy
    Development of Suburban Trains on Gov’t Agenda
    November 15,2016

    As Tehran’s air pollution is getting worse every year, authorities are scrambling to find solutions.

    The phenomenon is exacerbated in winter, as cold weather prevents air circulation within…

    news
  • Economy, Domestic Economy
    Single-Digit Unemployment Rate for 7 Provinces
    November 15,2016

    Seven provinces, namely Markazi Province (6.7%), West Azarbaijan (7.5%), Hamedan (8%), Semnan (8.1%), Zanjan (8.2%), North Khorasan (9.7%) and Gilan (9.9%), registered single-digit unemployment…

    news
  • Economy, Domestic Economy
    Tayyebnia Heads to Brazil
    November 15,2016

    Iran’s Economy Minister Ali Tayyebnia left Tehran for Brasilia on Tuesday to attend a meeting of Brazil-Iran Economic Commission after a gap of two decades. He is also scheduled to meet Brazilian…

    news
  • Energy
    Iran-Russia Oil Accords Possible by Yearend
    November 15,2016

    Final agreements on work of Russian oil companies in Iran may be reached during a meeting of the intergovernmental commission in Tehran due December 13, speaker of Russia's Federation Council…

    news
  • Energy
    Iran Becomes Top Oil Exporter to France
    November 15,2016

    Iran became the top crude exporter to France in September, for the first time since it began exports there after the removal of international sanctions in January.

    It surpassed Saudi…

    news
  • Energy
    Tehran Seeks $13b Credit Line From German Firms
    November 15,2016

    Negotiations are underway between Iran's National Petrochemical Company and two unnamed German companies to open two lines of credit worth €12 billion ($12.9 billion), NPC's head of financial…

    news
  • Energy
    OPEC in Final Push on Oil-Cut Plan
    November 15,2016

    OPEC nations embarked on a final diplomatic effort to secure a deal on oil cuts, with Qatar, Algeria and Venezuela leading the push to overcome the divide between the group’s biggest producers,…

    news
  • Energy
    BP Plans to Invest $13b in Egypt
    November 15,2016

    British oil company BP Plc has plans to invest some $13 billion in Egypt before 2020, the UK embassy in Cairo said in a statement on Monday.

    According to the embassy, Britain has been…

    news
  • Energy
    Italians in Talks to Build Refinery in Iran
    November 15,2016

    Italian oil and gas servicing companies, Saipem and Tecnimont, are planning to build a 120,000-barrel per day gas condensate refinery in Fars Province, the managing director of Ghadir Investment…

    news
  • Energy
    NITC Plans Domestic, Overseas Public Listing
    November 15,2016

    The National Iranian Tanker Co., the country’s top oil-shipping company, is tinkering with plans to list some of its shares in domestic and international markets, the chief executive said.

    news
  • Economy, Business And Markets
    Majlis Commission Underpins Central Bank’s Oversight
    November 15,2016

    The joint Majlis commission for reviewing the sixth economic development plan (2016-2021) has passed a measure allowing the Central Bank of Iran to exercise its supervisory and disciplinary…

    news
  • Economy, Business And Markets
    Foreign Insurers Wary of Iran Despite Vast Opportunities
    November 15,2016

    Axco Insurance Information Services (Axco) has released its latest country report on Iran, highlighting hesitancy from international brokers and reinsurers, despite the country offering vast…

    news
  • Economy, Business And Markets
    Reducing NPLs
    November 15,2016

    The government has managed to lower the amount of non-performing loans of banks from 15% three years ago to 11%t, says Valiollah Seif, the governor of the Central Bank of Iran. The volume is…

    news
  • Economy, Business And Markets
    Deputy Minister Urges Banks to Strive for 12% CAR
    November 15,2016

    Iranian banks must commit to increasing their capital and reaching a capital adequacy ratio of at least 8%, says a deputy economy minister.

    "A minimum capital adequacy of 8% and reaching a…

    news
  • Economy, Business And Markets
    TEDPIX Down 0.13%
    November 15,2016

    Tehran Stock Exchange’s main index shed 105.30 points or 0.13% to end Tuesday trade at 79,236.2.

    More than 1.2 billion shares valued at $78 million changed hands for the day.

    Niroo…

    news
  • Economy, Business And Markets
    Why Iran Deal Will Survive Trump Presidency
    November 15,2016

    Trump’s triumph is sending shockwaves through the foreign policy community, particularly among supporters of the Iran nuclear deal. Reuters has already reported that Trump’s election puts the Iran…

    news
  • Economy, Business And Markets
    Yum! Franchise in Iran
    November 15,2016

    Yum! is the only foreign trademark registered in Iran in the fast food sector, says the legal director of Z.K.D. Corporation, the representative of the American brand in Iran.

    “Burger Sun…

    news
  • Economy, Business And Markets
    Shunning Raw Mineral Exports
    November 15,2016

    The Iranian government is on a fast track to tackle the issue of unprocessed mineral exports.

    Various mineral processing plants are being established in rapid succession to create further…

    news
  • Economy, Business And Markets
    New Chairman at TSE Board of Directors
    November 15,2016

    Tehran Stock Exchange’s board of directors has got a new chairman and vice chairman. Representatives of majority shareholders in the company also extended Chief Executive Hassan Qalibaf-Asl’s term…

    news
  • World Economy
    France Inflation Steady
    November 15,2016

    France’s inflation held steady as previously estimated in October, final data from the statistical office Insee showed Tuesday, Alliance News reported. Consumer prices climbed 0.4% year-on-year in…

    news
  • World Economy
    Egypt Pound Strengthens
    November 15,2016

    The Egyptian pound strengthened slightly on Monday and importers reported increased dollar liquidity at banks days after the International Monetary Fund approved a $12 billion loan the government…

    news

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