Companies from dozens of countries are showing their wares at the Damascus International Fair this week, but those from two in particular are getting special treatment—Russia and Iran.
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
A crisis is emerging in Iran’s healthcare sector, as patients are reporting shortages in life-saving medicine.
The situation is expected to worsen once US sanctions on Iran are reimposed…
Seven construction and renovation projects have been launched at Tehran’s Mehrabad International Airport with 700 billion rials ($5.14 million) of government investment.
Changes in Iran Mercantile Exchange regulations have done wonders for the stocks market.
Talks of the removal of price ceiling for steel products in IME led to a major inflow of…
During the first five months of the current fiscal which started in March, the total value of mobile phones imported into Iran has amounted to $239,790,594. According to data released by the…
Britain said surcharge-free roaming for mobile users could no longer be guaranteed after a no-deal Brexit, meaning consumers could be hit with higher charges to make calls, send texts and use…
In past years, when Apple Inc. did not have a new iPhone design, it still had a breakthrough new feature: video recording in 2009, the Siri digital assistant in 2011, a fingerprint scanner in…
A senior lawmaker has voiced support for three of four legal measures required from Iran to be in good standing with the Financial Action Task Force, but said a guarantee is needed from the…
Days after a high-ranking official announced that Iran’s government has embraced cryptocurrency mining, another peer has said requirements are in place to develop the industry quickly.
A member of Majlis Plan and Budget Commission said the Leader Ayatollah Seyyed Ali Khamenei has consented to the allocation of $1 billion from the National Development Fund of Iran for boosting…
The global average aluminum consumption growth stands at 6% per year while the rate is 12% in Iran, according to Chairman of Iranian Mines and Mining Industries Development and Renovation…
Terminal 2 of Larestan International Airport located near the city of Lar in Fars Province's Larestan County was inaugurated on Tuesday, the Ministry of Roads and Urban Development's news…
Share trading on Wednesday started with a bang, as Tehran Stock Exchange’s main index made a 6,000-point jump in the first hour of the trading day alone, exceeding 155,000 points by the end of…
More than 18,285 tons of commodities were exported from Iran to Pakistan via Zahedan-Quetta Railroad connecting the two countries during the first five months of the current Iranian year (March…
Close to 39.14 billion rials ($936,843) worth of sunglasses were imported into Iran during the first four months of the current Iranian year (March 21-July 22), figures released by the Islamic…
Iran imported 42,925 tons of frozen beef worth $183.18 million during the first five months of the current fiscal year (March 21-Aug. 22) to register a 3.93% and 6.78% growth in tonnage and…
Iran traded 4.71 million tons of non-oil commodities worth $2.18 billion with India during the first five months of the current fiscal year (March 21-Aug. 22). This registers a 12.19% and 10.67…
Iranian small-sized ships will now enjoy services at Al Suwaiq Port in northeast Oman, Chairman of Iran-Oman Chamber of Commerce Mohsen Zarrabi said.
After three years of…
Tax revenues account for 40% of the government’s public budget, the head of Iranian National Tax Administration said.
In a statement published on SAIPA-Citroen’s website, the joint venture between the French automotive firm and its Iranian partner once again reassured customers that the presold C3 cars will be…
In a bid to expand its market and hoping to gain a competitive edge in Iran’s saturated transportation sector, one of the country’s leading startups, Tap30 has introduced a real-time ride-…
Volvo Cars and its Chinese owner Geely have postponed plans to float shares in the Swedish carmaker, blaming trade tensions and a downturn in automotive stocks. But while Volvo’s plans for a…
One of Tesla’s biggest advocates is giving up on his positive view of the carmaker’s stock because of CEO Elon Musk’s controversial behavior.
Nomura Instinet lowered its rating to…
Governor of the Central Bank of Iran Abdolnasser Hemmati late Monday met with chief executives of banks and credit institutions to evaluate the country’s monetary and banking developments and…
Members of the economic commission of Iran’s Parliament on Tuesday concluded the review of reform measures concerning the Central Bank of Iran, which is part of wider reforms aimed at…