Automakers will soon receive the okay from relevant authorities to increase prices once again, a deputy minister of industries said. Bad news that translates into a simple message for the common…
Economy
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Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.</p>
The currency market in Tehran stabilized further on Sunday with the USD exchange rate dropping below the support level of 14,000 rials. The greenback was traded for 138,000 rials on the…
The Trump administration abandoned the Iran nuclear deal this year and is reimposing sanctions. The sanctions leave western companies and banks with a stark choice. If they do business with Iran…
The head of the Securities and Exchange Organization, Shapour Mohammadi, traveled to Montenegro to promote bilateral cooperation with the Balkan country.
Tehran Stock Exchange’s main index lost 108.85 points or 0.06% on Sunday to end trading at 174,924.2.
About 1.3 billion shares valued at $22.99 million changed hands at TSE for the day…
China remains the top customer of Iran’s oil and non-oil goods in 2018, said a spokesperson with China’s General Administration of Customs.
Iran-China trade saw a 1.8% growth…
The population of unemployed women increased from 830,996 in the fiscal 2011-12 to 1,037,516 in 2017-18, registering an annual growth of 3.8%.
Four provinces of Khuzestan, Fars, Isfahan and Zanjan have been selected for the pilot production of licensed organic produce, an advisor to the agriculture minister said.
Iran's major industries staged a relatively weak performance during the first quarter of the current fiscal year that ended on June 21 in terms of production, latest data published by the…
Representatives of Iran’s private sector met with Omani officials in Muscat and surveyed ways of expanding bilateral cooperation in a host of fields, including banking, joint investments, techno…
Major Iranian steelmakers exported a total of 3.51 million tons of semi-finished and finished steel products during the first six months of the current fiscal year (March 21-Sept. 22) to…
The findings of the recent National Population and Housing Census show Iran’s nomad population is 1,186,830, of which 51.3% are men and the rest women.
Sixty-three percent of people…
Some $25 million worth of flowers and ornamental plants were exported from Iran during the last fiscal year (March 2017-18).
Iran accounted for only 0.1% of the world trade in the field…
The government earned 2.5 trillion rials ($17.48 million) from cigarette tax in the first five months of the current year (March 21-Aug. 22).
The figure indicates a rise of 36.6%…
High-level private sector officials of Iran and the Czech Republic have met in Tehran to discuss bilateral commercial ties despite the looming reimposition of US sanctions.
The…
The Financial Action Task Force, the global anti-money laundering body, convenes on Sunday with a to-do-list which includes evaluating the progress by Iran in fulfilling its Action Plan to…
Weekly trade on the commodity platform of Iran Energy Exchange surpassed five trillion rials ($34.36 million) during the week ending October 10 to register a new record, irenex.ir reported.
Another jittery and volatile day for Tehran stocks turned into a frenzy of selling on Saturday as investor sentiment was battered by bearish commodity prices and heavy losses for global markets…
The Iran Chamber of Commerce, Industries, Mines and Agriculture is to soon publish a purchasing managers index (PMI) report to provide more transparent information about business conditions in…
EU and Iran have agreed to continue trade after the US withdrawal from the nuclear deal.
To circumvent US sanctions, they recently announced a plan for maintaining payment channels…
The High Council of Transportation announced on Saturday that truck rental rates for domestic cargo will be calculated on a ton-kilometer (tkm) basis.
New figures show that due to volatile currency fluctuations in recent months, which triggered steep price surges in the housing market and threatened the long-term outlook of the beleaguered…
Close to 4.95 million tons of oil and non-oil commodities were transited through Iran during the first half of the current Iranian year (March 21-Sept. 22) to register a 2% rise compared with…
Major carmakers Iran Khodro and SAIPA have seen their debt tally with parts makers, banks and financiers build up in the past few months amassing a debt of 200 trillion rials ($1.37 billion),…
A member of the Majlis Industries Commission says that the recently-imposed ban on car imports is not permanent and will end in the coming months.
Saeed Bastani said the…
