Tehran Metro Group has announced that the partial relaunch of Line 7 has been scheduled for July 14. The line was initially inaugurated in 2017 and was shut down due to safety issues. “In the…
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
Tehran Auto Dealers Association has been holding talks with authorities and carmakers offering proposals on market management so as to rein in the auto sector's chaotic conditions and control…
Shanghai will accelerate efforts to cancel restrictions on foreign investment in the auto manufacturing sector, a government official said on Wednesday, a day after Tesla said it would build a…
A media delegation from, Russia comprising leading press and broadcast representatives on Tuesday met with managers of Donya-e-Eqtesad Media Group at the company’s head office in Tehran. …
First Vice President Es'haq Jahangiri accompanied by Minister of Industries, Mining and Trade Mohammad Shariatmadari inaugurated a development project at Saba Steel Complex in Isfahan Province…
The total value of all residential deals registered by Tehran’s real-estate agents increased by about 44% compared with the similar period of the previous fiscal year.
Bank Maskan said over 326,000 applicants have signed up for a popular mortgage scheme the lender launched three years ago.
Down payments required of the applicants under the Housing…
Iranian officials, executives and pundits have on many occasions floated the idea of creating a new joint bank with European nations to secure financial ties in the face of looming US sanctions…
The secondary foreign exchange market started working in earnest on Tuesday, with reports suggesting that the first trading at a negotiated exchange rate was almost equivalent to that of the…
Tehran Stock Exchange’s main index lost 2.44 points on Tuesday to end trading at 110,849.0.
About 749 million shares valued at $46.56 million changed hands at TSE for the day.
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About 6.57 million tons of commodities worth over 161 trillion rials ($3.83 billion) were traded at Iran Mercantile Exchange during the first quarter of the current fiscal year (March 21-June 21…
The government is looking to float the shares of the Middle East’s largest gas processing plant (GPP), the chairman of Tamin Petroleum and Petrochemical Investment Company said on Tuesday.
Mouteh Gold Mine has produced 130 kilograms of gold bullion since the beginning of the current fiscal year (March 21), registering a 30% growth compared with last year’s corresponding period,…
Major Iranian steelmakers exported a total of 1.9 million tons of semi-finished and finished steel products during the first quarter of the current fiscal year (March 21-June 21) to register a…
German authorities have started investigating an Iranian government plan to fly out hundreds of millions of euros from Hamburg to Tehran.
If approved, the move is certain to provoke a…
About 50,300 tons of figs were produced in Iran during the last Iranian year (ended March 20, 2018), of which 11,000 tons were exported.
Tehran Chamber of Commerce, Industries, Mines and…
Although India’s tea exports, particularly of the orthodox variety, are on a growth trajectory, exporters to Iran may be left in the lurch if India accedes to the US trade embargo on the West…
Germany remains committed to the nuclear non-proliferation agreement with Iran that was rejected by US President Donald Trump, Chancellor Angela Merkel said on Monday, but it was for individual…
The US Treasury Department has slapped sanctions on a Malaysia-based sales agent for having links with Mahan Air, an Iranian airline blacklisted by Washington.
Close to 120,000 tons of commodities worth $27 million were exported from the northeastern province of North Khorasan during the first quarter of the current fiscal year (March 21-June 21),…
Iran exported 385,922 tons of non-oil commodities worth $74.06 million to Qatar during the first three months of the current Iranian year (March 21-June 21), registering an increase of 1.60% and…
The second round of the Tehran Game Convention (TGC 2018) came to a close on July 6 after hosting a diverse range of local and mostly foreign prominent speakers, industry players, promoters and…
As presently the majority of websites fail to offer user-friendly Persian fonts, typically resulting in eye strain or loss of interest, an Iranian startup is trying to provide users with a…
Milk, chicken and egg production registered a growth of 25%, 52% and 39% from the fiscal 2006-7 to 2016-17, while red meat output marked a nearly 1% decrease during the 10-year period, according…
Around 170,000 tons of pistachios were produced in Iran during the last Iranian year (March 2017-18), of which more than 118,000 tons were exported.
Iran Pistachio Association told the…
