Australia has banned Huawei Technologies Co Ltd from supplying equipment for a 5G mobile network citing national security risks, a move the Chinese telecoms gear maker criticized as being “…
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
Iran exported 81,638 tons of wheat flour worth $20.49 million during the first four months of the current fiscal year (March 21-July 22), latest data released by the Islamic Republic of Iran…
More than 1.38 million tons of sesame oil and products worth $3.2 million were imported into Iran from six countries during the last Iranian year (March 2017-18), figures released by the Islamic…
Iran traded 198,655 tons of non-oil commodities worth $116.44 million with Azerbaijan during the first four months of the current fiscal year (March 21-July 22). This shows a 36.02% and 42.29%…
The construction of Saqqez Airport, located 266 kilometers from Sanandaj in Kurdestan Province, has made 40% progress and is expected to become complete in two years, the manager of Sanandaj…
The retrospective application of Clause Five of the government’s new foreign currency on imports is against the law, the chairman of the parliamentary faction focused on fighting corruption and…
All warehouses in Iran are required to register in the so-called “All-Inclusive Warehouses Website” by Aug. 23, otherwise their stored commodities will be considered hoarding and those…
As part of the latest measure to ditch the US dollar from the country's transactions, the Central Bank of Iran has removed the American currency from the list of Sanarate.ir, the website…
Banks and credit institutions allocated a total of 1.67 quadrillion rials (€17.92 billion) to various sectors of the economy during the first four months of the current fiscal year that ended on…
The Iranian government will commence the process of building two new towns in the southern Chabahar County in Sistan-Baluchestan Province from next week, the newly-appointed CEO of the New Towns…
Banking for companies that do business with Iran–as well as for Iranians themselves–is likely to get even more complicated in the near future.
The latest Consensus Earnings Report shows the price to earnings (P/E) ratio of Iranian stocks has dropped to its lowest level in nine months, although growth in profitability has boosted…
Novin Sanat Raja Company, a subsidiary of Raja Railway Transport Company, officially started its activity on Sunday. The newly-founded company specializes in the repair, renovation and…
It is now clear that the purpose of US sanctions against Iran is to make its people miserable enough so they pressure their government to agree to US demands.
Tehran Stock Exchange’s main index gained 2,718.23 points or 2.02% on Monday to end trading at 137,073.
About 1.90 billion shares valued at €78.92 million changed hands at TSE for the…
Major local carmaker Iran Khodro has introduced a special presale scheme, which started on Monday and runs until Aug 30. As per the scheme, eight models are on offer, including the locally…
The Central Bank of Iran has started the delivery of 2.5 million presold gold coins with a six-month maturity. “As of today, August 19, the delivery phase of the six-month maturity presale plan…
Iran Chamber of Commerce, Industries, Mines and Agriculture, the country's largest private sector group, has emphasized the necessity of Iran joining the inter-governmental Financial Action Task…
The uptrend in private sector investments in the housing sector is the conclusive sign that the long-ailing sector is enjoying a boom period, a senior official at the Ministry of Roads and Urban…
Major savings initiatives in Iran aimed at easing home purchase and construction have continued to grow since the current Iranian year began on March 21.
Home to 187,000 hectares of agricultural land, Tehran Province produces 5.7 million tons of agro products, which account for 5.2% of the country’s total agricultural output, the head of Tehran’s…
A total of 429,000 tons of red meat were produced in Iran’s officially registered slaughterhouses during the past fiscal year (March 2017-18), registering a 4% decline compared to the year…
Iran exported 65,480 tons of onions worth $22.25 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…
Iran traded 276,030 tons of non-oil commodities worth $312.41 million with Japan during the first four months of the current fiscal year (March 21-July 22), registering a 40.9% and 13.71%…
Essential goods worth 3.2 trillion rials (around $40 million) hoarded in nine warehouses of Tehran Province have been confiscated by police over the last week, the commander of Tehran’s Law…
