High-level trade representatives of Iran and the UK met on Monday in Tehran and reiterated their commitment to boost bilateral ties in the face of returning US sanctions.
Economy
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Iran's Ministry of Foreign Affairs and South Africa's Department of Home Affairs have reached an agreement that facilitates the process of obtaining visa for Iranian traders.
The consumer price index of all 12 groups of goods and services increased in the Iranian month of Shahrivar (Aug. 23-Sept. 22), the Statistical Center of Iran reported.
Yet, the…
A Finnish provider of telecom information technology solutions, Tecnotree has renewed maintenance contracts with a major unnamed operator in Iran, in a deal worth €1.9 million.
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Unifying their pricing systems, major mobile operators MTN-Irancell and Mobile Telecommunications Company of Iran (MCI) have increased rates of basic phone services.
Iran’s largest private automaker Modiran Vehicle Manufacturing Co., a partner of China’s Chery, at the weekend jacked up prices by a massive 55%.
In a statement published by ISNA, MVM…
Banks and credit institutions allocated 2.4 quadrillion rials ($16.82 billion) to various sectors during the first five months of the current fiscal that ended on August 22, the Central Bank of…
The foreign exchange market heated up again on Monday to post fresh records for the US dollar and other major currencies as they gained considerably against the plummeting rial. The dollar was…
Tehran Stock Exchange set a fresh record high on Monday as investors received more positive news on corporate earnings, especially export-oriented stocks that have benefited the most since the…
After experiencing four consecutive quarters of growth, the Industrial Production Index for large manufacturing units in Iran registered a downturn during the first quarter of the current fiscal…
The consumer price index increased from 116.2 to 134.6 or around 16% during the summer (June 22-Sept. 22).
According to data provided by the Statistical Center of Iran, the second…
The Statistical Center of Iran has published its latest report on the state of home and land prices in addition to rents, which indicates all have significantly increased across urban areas in…
The government’s Economic Council last week approved a proposal of Minister of Roads and Urban Development Abbas Akhoundi, based on which the government is to issue 10 trillion rials ($70…
Iranian Ministry of Industries, Mining and Trade has released a list of essential goods that are not subject to the 4% upfront payment of import duties, given the current economic situation of…
A total of 4.13 million tons of finished and semi-finished steel products were exported from Iran during the first five months of the current fiscal year (March 21-Aug. 22) to register a 27.72%…
The 12th International Iran Plast Exhibition opened at Tehran's International Fairground on Monday.
Tehran stocks rose solidly on Sunday, recording another all time high for the equity market and topping off a series of back-to-back records that has kept the market heated since summer. The new…
Major mobile operators MTN-Irancell and Mobile Telecommunications Company of Iran (MCI) have revised their pricing procedures making Internet services a bit costlier.
Out of 3.2 million unemployed people in the fiscal 2017-18, about 1.8 million or more than 56% experienced frictional unemployment (those who were not working because they were in between jobs…
Despite autumn dryness, crop conditions recovered in Iran and the total cereal production for 2018 is forecast to stand at 20.1 million tons to register a 2.9% increase compared with the 2017…
Around 2.94 million tons of agricultural and food products worth more than $2.63 billion were exported from Iran during the first five months of the current Iranian year (March 21-Aug. 22), to…
New data show property deals in Iran are on a downward trajectory, suggesting that the housing sector may be facing another bout of recession.
Iran’s box-office revenues exceeded 610 billion rials ($5.19 million) this summer, thanks to a strong offering of a comedy: Centipede.
Twenty-two movies were screened through the…
The gravest problem facing privatization in Iran is the volatile foreign currency market, the head of Iranian Privatization Organization said.
The export price index (using the year ending March 2012 as a base year using rial) stood at 226.2 for the first quarter of the current fiscal year (March 21-June 21).
This marks an 18.1…
