British Airways confirmed on August 23 that it would end its services to Iran, namely its five times weekly operation to Tehran’s Imam Khomeini International Airport, joining Air France and KLM…
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
When the Central Bank of Iran announces its new regulatory frameworks concerning virtual currencies, it is expected to lift a previous blanket ban on cryptocurrencies.
Bank Maskan, the sole specialized bank in the housing sector, has recorded an annual increase of 52.8% in the volume of loans it has paid to finance related deals.
According to…
More than a month has passed since the July 22 deadline set for Iran’s banks and credit institutions to finalize their financial statements and hold their annual general meetings, but only a…
Governor of the Central Bank of Iran Abdolnasser Hemmati has responded to a letter sent by the President of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei…
The government has bought more than 9.2 million tons of wheat from local farmers in 31 Iranian provinces in the current fiscal year (started March 21), which indicates a 5% increase compared…
Iran earned $281 million from the export of handicrafts through the country’s official customs terminals and $250 million through suitcase trade during the last fiscal year (ended March 20, 2018…
Around 11,636 tons of solar panels worth more than $71.8 million were imported into Iran during the last Iranian year (March 2017-18), figures released by the Islamic Republic of Iran Customs…
Director General of Ports and Maritime Directorate of Bushehr Province Siavash Arjmandzadeh said Phase 1 of the construction project of Negin Island’s container terminal is now complete. …
Head of Iran Chamber of Guilds Ali Fazeli has been appointed as a new member of the Budgeting Committee by the head of Plan and Budget Organization, Mohammad Baqer Nobakht. Developing the…
Amid surging demand and limited local production in Iran for halal meat and as Mongolia pushes to make more money from the huge herds of livestock that roam its vast grasslands, the latter…
In order to mitigate the raging inflation in the mobile phone market, authorities will distribute 650,000 handsets at moderate prices in the market this week.
After a nearly two-year space chase, NASA’s OSIRIS-REx probe finally has its asteroid target in sight.
OSIRIS-REx, which launched in September 2016, has captured its first imagery of the…
Android Go is the closest you can get to the stock version of Google’s operating system on a non-Google phone—it is Google’s blitzkrieg against the irritating mass of third-party software that…
Iran exported 11,077 tons of raisins worth $12.77 million during the first four months of the current fiscal year (March 21-July 22), latest data released by the Islamic Republic of Iran Customs…
German engineering conglomerate Siemens has announced it is drastically scaling back its business operations in Iran. It’s yet another German company to cave in after the United States reimposed…
Iran and Armenia signed a memorandum of understanding last week on joint production of agricultural machinery, Iran’s commercial attaché to Armenia, Mohsen Rahimi, said.
The agreement…
US-sanctioned Iran is interested in doing business with Russia’s Crimea, according to authorities from the Russian region that is also facing sanctions from Washington and Brussels.
The…
Iraq’s economy is so closely linked to Iran’s that Baghdad intends to ask Washington for permission to ignore some US sanctions on its neighbor, Iraqi government and central bank officials said…
Iran traded 1.30 million tons of non-oil commodities worth $108.92 million with Kuwait during the first four months of the current Iranian fiscal year (March 21-July 22), registering an 89.95%…
The draft of the document on the national Cryptocurrency has been prepared at the behest of President Hassan Rouhani, an official at the National Cyberspace Center said. Saeed Mahdiyoun also…
Two top American financial institutions would not commit to cutting Iranian access to international financial markets, a cornerstone of the new anti-Iran sanctions of US President Donald Trump's…
Latest figures from transactions conducted in the Central Bank of Iran's online system for foreign currency deals as well as those handled by exchange shops show that both payment orders and…
The Central Bank of Iran on Saturday notified a directive to the banking system, which sets foreign currency deposit interest rates and doubles down on the previous promise of guaranteed returns…
A total od 115,647 domestic and international flights were carried out via Iranian airports in the first quarter of the current fiscal year (March 21-June 21), AviationPros.com cited Iran…
