A range of new financial products, from Islamic bonds to warrants and insurance-linked securities, are being developed to help give local firms more funding options as US sanctions pile pressure…
Economy
<p>
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.</p>
An increase of 44.4% was registered in the Producer Price Index in the Iranian month of Shahrivar (Aug. 23-Sept. 22) compared with the similar month of last year, the latest report of the…
Some 20,000 tons of rebar will be exported to Turkey and Iraq via road from Mahabad train station in West Azarbaijan Province, the director general of Azarbaijan Railways General Bureau said.
Major mobile operators in recent weeks increased prices of their services significantly, a move that the Communications Regulatory Authority says is within the perimeters of law but not…
Iran Energy Exchange will launch crude oil futures from next week as part of a plan to facilitate oil exports as US sanctions targeting its energy sector in November draw nearer. …
Tehran Stock Exchange’s main index gained 376.16 points or 0.19% on Monday to end trading at 195,480.2.
About 6.07 billion shares valued at $132.04 million changed hands at TSE for the…
The rial on Monday pared more of its losses in the open foreign exchange market and was traded at around 154,830 to the US dollar.
According to the Tehran Gold and Jewelry Union's…
As US sanctions against Iran return and are expected to squeeze the domestic economy, the Islamic Republic has in recent months endeavored to relax the process of obtaining visas to attract more…
Cargo transportation through Sarakhs border crossing in Khorasan Razavi Province to and from Central Asia amounted to more than 1.25 million tons during the first half of the current Iranian…
Kish, a 91-square-kilometer island in the Persian Gulf off the southern coast of Iran, will be hosting 12 national and international exhibitions by the end of the current fiscal year on March 20…
Close to 180,000 tons of cotton bolls are estimated to be produced in Iran by the end of the current Iranian year (March 20, 2019), from which around 60,000 tons of carded cotton will be…
Close to 5.82 million tons of cement and clinker were exported from Iran during the first five months of the current Iranian year (March 21-Aug. 22), showing a 17.3% rise compared with the…
More than 9.5 million tons of wheat worth 120 trillion rials ($750 million) have been purchased from local farmers across the country by the government in the current Iranian year, registering a…
The thousands of cooperative organizations, which are owned and run jointly by their members, created more than 1.7 million jobs across Iran, a new report published by the Center of Statistics…
Iran's average export price index stood at 674.4 in the fifth month of the current fiscal year (July 23-Aug. 22), registering a 22.1% increase compared with the preceding month and a 180.4% rise…
Aluminum production by Iran’s major producers reached 151,691 tons during the five-month period (March 21-Aug. 22), registering a growth of 10% compared with the same period of 2017, the Iranian…
Road accident deaths in five months to August 22 saw a 1.7% rise compared to the corresponding period last year, according to statistics released by the Iranian Legal Medicine Organization…
Chabahar Port can play a vital role in the expansion of Kabul-New Delhi trade and transit ties, but the new sanctions by the United States on Iran, which will affect the port's transactions, are…
Tehran’s main stock gauge closed in the black on Sunday to post another all-time high as the deluge of liquidity from small investors keeps propping up the already overheated market.
Plans are underway for eleven agent banks to sell foreign currency to non-commercial, everyday purposes as part of a new mechanism to reform the volatile currency market, says Mehdi…
In the wake of the government authorization to the Central Bank of Iran to intervene in the foreign exchange market, the head of Majlis Economic Affairs Commission Mohammad Reza Pour-Ebrahimi…
As unilateral US sanctions against Iran snap back, pressuring the country's limited foreign currency reserves, the Islamic Republic is increasingly paying attention to marine travel as a major…
While many provinces registered declining home deals and rising prices during the first quarter of the current fiscal year that ended on June 21, others showed a vastly different trajectory.
Iran Airports Company registered 35,816 takeoffs and landings during the Iranian month ending July 22, which shows an 11% decline compared with the similar period of last year.
Close to…
Iran’s non-oil foreign trade during the first half of the current fiscal year (March 21-Sept. 22) stood at $45.3 billion, indicating a 0.7% decline compared with last year’s corresponding period…
