The heavy frost that set in around a week ago inflicted extensive damage to orchards across 17 Iranian provinces, according to Mohammad Ali Tahmasebi, deputy agricultural minister for…
Economy
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Iran’s non-oil commercial exchanges with Turkey totaled $7.18 billion in the last Iranian year (March 2017-18), growing by 20.01% compared to the year before, the Islamic Republic of Iran…
EconomyAbout 50 female pilots are to take part in Iran Air’s upcoming recruitment exam, Iran Air’s chief executive said. “Not all of the female applicants are eligible to operate passenger…
EconomyComing out of a relatively good year, Tehran stocks had a tumultuous month ridden with ambiguities in the first month of the new fiscal year, Farvardin (March 21-April 20).
TSE’s main…
EconomyA ferrochrome plant with a 60,000-ton per year capacity was inaugurated in Kerman Province’s Rafsanjan Special Economic Zone on Thursday.
Launched in the fiscal 2014-15, the…
EconomyIran’s two major coal production companies had a total output of 675,808 tons of coal concentrates in the last fiscal year (ended March 20, 2018), indicating a 12% rise year-on-year, the Iranian…
EconomyIran’s largest holding, the financially troubled Social Security Investment Company, also known by its Persian acronym Shasta, has called on the government to help finance several…
EconomyFlat steel import trade in Iran has been almost non-existent in the past several weeks, because of currency exchange rate issues.
One of the major concerns for traders selling material…
EconomyChinese e-commerce firm Alibaba Group Holding Ltd has acquired Chinese chipmaker Hangzhou C-SKY Microsystems to underpin its cloud-based “Internet of things” (IoT) business, an Alibaba…
EconomyIran ICT Guild Organization has announced the dates for the 24th International Exhibition of Electronics, Computer and E-Commerce (Elecomp 2018) to be held in Tehran International Fairground.…
EconomyIran's Imam Khomeini Airport Company plans to hold an international tender to select qualified contractor to develop the first phase of a new airport passenger terminal (named Iranshahr) and…
EconomyMore than 945 tons of nails worth 61.7 billion rials ($1.81 million) were imported into Iran during the last Iranian year (March 2017-10), figures released by the Islamic Republic of Iran…
EconomyIran’s official apparel imports in the last Iranian year (March 2017-18) stood at around $59 million, while statistics from the International Trade Center suggests apparel entering the country…
EconomyIran traded $4.98 billion worth of non-oil goods with India during the last Iranian year (ended March 20, 2018), which is 5.13% higher compared to the year before, making the South Asian country…
EconomyThe Russian Railways JSC is discussing the formation of a logistics operator for the International North-South Transport Corridor with Iran, India and Azerbaijan.
EconomyIranian and Vietnamese firms discussed trade opportunities at the Vietnam-Iran Business Forum held on Monday.
The forum was organized to mark the visit to Vietnam of Iran’s Parliament…
EconomyA senior lawmaker announced that a pending legislation for implementing Iran’s action plan set by the Financial Action Task Force will be approved by late September.
EconomyMore than 1.75 billion transactions worth more than 1.91 quadrillion rials ($45.47 billion) were registered by Shaparak, Iran’s payment settlement network, in the final month of the previous…
EconomyFor preventing speculative activities in Iran’s currency market and supporting authorized bureaux de change, 80 uncertified money exchange shops have been closed in the past six days while…
EconomyTehran Stock Exchange’s main index gained 1.19 points on Wednesday compared to the day before to end trade at 95,523.9.
About 426 million shares valued at $26.04 million changed hands at…
EconomyThe 25th International Exhibition of Detergent, Cleanser, Hygienic Cellulose Products and Machinery, also known as “Iran Beauty and Clean 97”, is scheduled to open at Tehran’s International…
EconomyIran Air, the country’s flag carrier, will take delivery of 14 brand-new airplanes, include three Airbus jets, three Boeing jets in addition to eight ATR turboprops, by the end of 2018, if it…
EconomyIran’s agricultural and food exports amounted to around 6.13 million tons worth $5.93 billion in the last Iranian year (March 2017-18), registering a 5% and 4% growth in weight and value…
EconomyThe Sixth International Conference on Powder Metallurgy for Automotive Parts, also known as PM Auto 2018 concluded in Isfahan Province on Wednesday. The two-day conference was jointly held by…
EconomyChina’s Shandong Linglong Tire Company (Linglong) is reportedly hesitant about going ahead with a previously announced contract to supply technology to a greenfield tire plant in southeastern…
Economy