Predictability in Iran's stock market these days is gone and investors are going down the rabbit hole with it.
They still eye companies' performance, macroeconomic indices and…
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
Iran has described as “impossible” Sri Lanka’s proposal to clear its oil debts worth $250 million to Iran with tea. Lucille Wijewardena, chairman of Sri Lankan Tea Syndicate, said the offer made…
The Ministry of Industries, Mining and Trade issued 2,861 permits for the establishment of industrial units during the first two months of the current Iranian year (March 21-May 21), which shows…
Indian traders of basmati rice and tea have started to feel the heat from US sanctions looming on Iran.
Basmati exporters said new contracts are being delayed and the tea trade is…
Local automotive company Ramak Khodro, which used to import SsangYong cars into Iran, announced over the weekend that the company has clinched a deal with the South Korean firm to manufacture…
Iran’s flag carrier airline, Iran Air, has no plan to renovate its fleet with Russian-made Sukhoi jets, even now that buying aircraft from western planemakers has faced serious challenges amid…
More than 6 million tons of wheat worth 78 trillion rials ($1.8 billion) have been purchased from local farmers since the beginning of the current harvest season to shore up the country’s…
Iraq’s Agriculture Ministry had banned the import of Iranian garlic in 2015, which has now been lifted, said Iran’s commercial attaché to Iraq, Nasser Behzad, adding that it’s time to resume…
About 16,000 tons of seafood worth close to $50 million were exported from Iran during the first two months of the current Iranian year (March 21-May 21). Isa Golshahi, director general of…
More than 2,248 tons of cutlery worth close to $8.7 million were imported into Iran during the last Iranian year (March 2017-18), figures released by the Islamic Republic of Iran Customs…
Employment agencies are important pillars of economies worldwide, but they are in disarray in Iran not because they lack the required skills and expertise, but due to the mismanagement of…
Iran traded 1.7 million tons of non-oil commodities worth $1.45 billion with South Korea during the first three months of the current fiscal year (March 21-June 21), registering a 28.95% and 9.…
From around 98,000 economic and industrial production units, only 2,000 or about 2% have a research and development department.
This is a huge gap that should be bridged if…
The construction of an industrial city will soon start near Parvizkhan Border Checkpoint between Iran and Iraqi Kurdistan.
“The industrial city, to be constructed on a 125-hectare plot,…
All banks and credit institutions in Iran allocated 1.17 quadrillion rials ($27 billion) as loans during the first three months of the current fiscal year to June 21, up by 16.3% in comparison…
Mortgage loans for homes located in dilapidated parts of cities accounted for 13.2% and 13% of the total number and value of home loans, respectively, following a popular mortgage initiative by…
After a period of calm, the US dollar is once again surging in the unofficial market along with other major currencies against the rial.
The forex rally is joining hands with gold…
Iran’s second-largest auto producer has started the underwriting process of its 390-trillion-rial ($92.8 million) worth of Islamic bonds on Tehran Stock Exchange. Starting Saturday, the process…
Average yield to maturity in the Iranian debt market has jumped in recent months and is now hovering above 27%.
The uptick is mainly due to lower demand for bonds caused by the growing…
Isfahan International Airport’s parking project has started with the aim of increasing the airport’s parking capacity from 10 to 23 airplanes, the director general of Isfahan Province Airports…
Women accounted for 232,661 or 63.54% and men for 133,509 or 36.46% of all the participants in the fifth edition of recruitment exam for public services posts held on July 6, the top counselor…
Some 1.8 million tons of oranges were produced in Iran during the last Iranian year (March 2017-18), more than 16,700 tons of which were exported.
The announcement was made by Tehran…
Tehran Stock Exchange’s main index gained 535.28 points or 0.49% on Sunday to end trading at 108,830.8.
About 1.34 billion shares valued at $170.66 million changed hands at TSE for the…
Lighting up the deep overnight sky, a SpaceX Falcon 9 rocket roared away from Cape Canaveral early Sunday, boosting a heavyweight communications satellite into orbit while its upgraded first…
A meeting has been held between Iranian and European startups, knowledge-based firms and investors at Iran-Europe Business Center in Berlin aimed at fostering collaborations and expanding…
