There has been a substantial growth in the value of coverage provided by Mining Investment Insurance Corporation to investors in the mining sector in the previous Iranian year (ended March 20,…
Economy
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The Central Bank of Iran on Sunday published the full list of companies that have received foreign exchange for imports at the preferential rate of 42,000 rials.
Iran's First Vice President Es'haq Jahangiri has sent a directive to all ministries and other related entities, which requires exports to significantly accelerate the process of repatriating…
Iran now has about four months to pass legal measures through parliament to would address shortcomings vis-à-vis the Financial Action Task Force’s action plan for the country, but reformists are…
Tehran Stock Exchange’s main index lost 2,834.12 points or 2.54% on Sunday to end trading at 108,694.1.
About 1.56 billion shares valued at $93.97 million changed hands at TSE for the…
Iranian Mines and Mining Industries Development and Renovation Organization inaugurated 23 mineral projects worth $2.3 billion in collaboration with the private sector last fiscal year (March…
Given the key parameters of Iranian economy, inflation rates of above 20% are not improbable for the current fiscal year (March 2018-19), Iranian economist and university lecturer, Vahid Shaqaqi…
Shiraz International Airport saw a 12% rise in the number of flights during the first three months of the current Iranian year (March 21-June 21) compared with last year’s corresponding period…
More than 2,000 tons of LED lamps worth $19 million were imported into Iran during the last fiscal year (March 2017-18), figures released by the Islamic Republic of Iran Customs Administration…
A memorandum of understanding for cooperation in sea cage fish farming was signed between the Department of Environment’s deputy for marine environment affairs, Parvin Farshchi, and the head of…
Khorramshahr Chamber of Commerce plans to send two delegations of local businesspeople, one to Russia and another to Georgia later this year, Hani Feisali, chairman of the chamber, said.
A 110-member economic delegation from Iran’s private sector, led by Chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei, is accompanying President Hassan…
Iran’s Indian-backed port of Chabahar, inaugurated months before the United States reimposed sanctions on the Islamic Republic, is where Asia and the Middle East’s multiple political conflicts…
Danhua Capital has invested in some of Silicon Valley’s most promising startups in areas like drones, artificial intelligence and cyber security. The venture capital firm is based just outside…
People drop and break their smartphones all the time, but a German engineering student named Philip Frenzel may have the solution to save everyone some time, money and unneeded stress.Spotted by…
Around 56% of the water consumed in Iran’s agriculture sector goes to waste due to improper usage, an advisor to deputy agriculture minister for water and soil affairs. “During the years before…
The number of movie theaters in Iran has grown by 82% to reach 415 over the past 10 years from the fiscal 2006-7 to 2016-17, the Statistical Center of Iran reported.
In 2006-7,…
More than 200 industrial and production units were revived after receiving loans and special support during the three months ending June 21.
The revived units operate in the fields of…
Iran was elected a member of World Customs Organization’s Policy Commission during the 132nd session of WCO Council held in Brussels, Belgium, from June 28 to 30.
The country had…
More than 1,634 tons of windshield wipers worth close to $5 million were imported into Iran during the last fiscal year (March 2017-18), figures released by the Islamic Republic of Iran Customs…
First Vice President Es’haq Jahangiri communicated on June 27 the bylaw on the implementation of Clause 14 of the Budget Law for March 2018-19 concerning the Targeted Subsidies Law to…
The Financial Action Task Force decided once again to suspend its counter-measures against Iran and provide relief to the administration of President Hassan Rouhani, which has been strenuously…
The Iranian media have been reporting for the past week that changes in the economic team of President Hassan Rouhani’s administration are expected, after forex, gold coin and housing woes…
The Majlis Economic Commission has put in motion three plans to improve the country’s economic conditions, all of which concern the ailing banking system and will materialize in a matter of…
A high-level Iranian economic delegation met with top executives of Bank Sohar, Oman’s fourth largest bank by assets, in Muscat on Thursday to explore ways to step up bilateral ties. The meeting…