All Iranian banks officially listed in the capital market will devise and present their balance sheets as per the International Financial Reporting Standards, according to the CEO of the state-…
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The import tariff for silk thread has increased from 15% last year to 26% in the current fiscal year (started March 21), the head of Sericulture Expansion Center affiliated with the Ministry of…
EconomyThe number of foreign flights using Iran’s airspace in the last Iranian year (ended March 20, 2018) increased by 12% compared with the year before, the Ministry of Roads and Urban Development’s…
EconomyIran-Iraq Chamber of Commerce plans to send a business delegation to Erbil in Iraqi Kurdistan to attend a conference on expansion of trade ties between Iran and the Kurdish region, the chamber…
EconomyA total of 695,454 tons of oil and non-oil products were loaded and unloaded in the ports of Qeshm Island located near the Strait of Hormuz during the Iranian month of Farvardin (March 21-April…
EconomyA total of 38.34 million tons of iron ore concentrate was produced in Iran in the last fiscal year (ended March 20, 2018), to register an 18% growth compared to the year before.
EconomyInstitutional investors had the largest share of trading in Tehran’s equity market in the first month of the current fiscal year (March 21-April 20), the latest data showed.
EconomyMouteh Gold Mine produced 602 kilograms of gold ingots during the previous fiscal year (March 2017-18), registering a 58% growth compared with the year before, according to data released by the…
EconomyAs per the Iranian New Year’s state tradition, the motto for the current fiscal (started March 20) was announced by the Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei in his…
EconomyThe foreign exchange market recently went in a frenzy, with the rial losing its value against the US dollar on a daily basis.
The government had to intervene to bring back…
EconomyTehran Stock Exchange’s main index lost 370.63 points or 0.38% to end Saturday trade at 96,779.9.
About 646 million shares valued at $27.66 million changed hands at TSE for the day.
…EconomyGeneral Motors Co’s South Korean unit on Monday said it has reached a tentative wage deal with its labor union, meeting a key condition laid down by the US automaker to prevent it filing for…
EconomyThe widely used ride-hailing application Snapp will pursue new business opportunities by merging its program with hotel reservation apps and collaborating with Irancell to unveil a SnappPay…
EconomyThe Iranian Parliament on Sunday advanced plans to directly engage in monitoring and moderating the country’s turbulent auto market.
A total of 142 lawmakers voted for urgently pushing…
EconomyTreasury’s public expenditure payments have been made public on Mefa.ir.
EconomyAs Iran’s beleaguered housing sector continues to show signs of boom after five years of stagnancy and a majority of pundits predict a rise in home prices, Bank Maskan, the nation’s agent bank…
EconomyThe Sixth Iran-Europe Banking and Business Forum is to be held in Tehran on April 28-29 at the five-star Espinas Palace.
EconomyThe Central Bank of Iran, as part of its policy to adopt a long-term strategy in the gold market, has stopped the sale of gold coins with three-month maturities, local media reported on Sunday.…
EconomyTwo events focused on mining and construction are slated to be held in Kerman Province. The Sixth International Exhibition of Mine, Mining, Mining Industries Mineral Processing, Decoration…
EconomyTehran Stock Exchange’s main index lost 771.53 points or 0.81% on Sunday compared to the day before to end trade at 94,494.3.
About 552 million shares valued at $29.35 million changed…
EconomyIran has made tremendous strides in eliminating gender gaps in education and health indicators.
EconomyMore than 41,500 tons of pinto beans worth close to 1.85 trillion rials (about $53.77 million) were imported into Iran during the 11 months to Feb. 19, figures released by the Islamic Republic…
EconomyShopkeepers of border markets in the Kurdish-dominated provinces of western Iran have not opened their stores for nearly a week to protest against the closure of Iran-Iraq crossings to border…
EconomyThree rail projects, namely Urmia, Rasht and the second track of Tabriz railroads, will come on stream in the first half of the current Iranian year that started on March 21, a deputy minister…
EconomyIran exported 5.91 million tons of commodities worth $2.79 billion to Afghanistan last year to register a 21.38% rise in tonnage and 13.57% increase in value year-on-year.
According to…
Economy