Leader Ayatollah Seyed Ali Khameni has allowed the withdrawal of $10 billion from the National Development Fund of Iran for financing key water and soil projects amid the country's ongoing water…
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 government has planned to repay its debt to contractors as soon as lawmakers approve a plan of action it sent last month to the parliament, Economy Minister Abbas Akhoundi said on Wednesday.…
Mutual funds have historically offered safety and diversification, and they spare you the responsibility of picking individual stocks. In Tehran, there were a few money managers who picked stocks…
After years of absence, cement is making its debut on the Iran Mercantile Exchange, said Secretary of Iran’s Cement Industry Employers.
Abdolreza Sheikhan said cement entered the mercantile…
The Chabahar economic free zone in Iran’s southeast will host the country’s third automobile manufacturing hub, said an official in Center for Free and Special Economic Zones. Mohammad Mo’ezodini…
Foreign companies at Iran Mercantile Exchange (IME) offered as much as 790 tons of agricultural products on the trading floor on Tuesday, while the total volume of commodities offered at the…
Nearly 266,000 tons of different grades of bitumen have been on offer at the export trade floor of Iran’s Mercantile Exchange on Tuesday, SENA reported.
Given the market demand, close to…
The Tehran Stock Exchange has sent 20 proposals to the parliament on ways to develop the capital market. A deputy TSE director says the recommendations can be included in the government's plan of…
After an up and down session, stocks ended near the flat line on Tuesday as the main index of the Tehran Stock Exchange (TEDPIX) inched up 6.1 points or 0.01 percent to 71,408.4.
The stock…
The total amount of Iranian families’ foreign currencies and gold holdings is estimated at more than five times the central bank’s gold reserves, a report said.
In light of failure of commercial banks in recent years to provide adequate degree of company loans on a widespread basis, the Central Bank of Iran urges them to sell their non-banking assets, a…
Lawmakers have introduced a motion which would add seven new clauses and a note to Article 34 of Monetary and Banking Law, but it has already been criticized by experts who believe it lacks proper…
The Azadi gold coin climbed for the third consecutive day on Tuesday, to 9.3 million edging up by 0.16 percent, almost erasing its 1.51 percent loss on Saturday.
The visiting Head of Qatar-Iran Friendship Group said the Anzali Free Zone could link the Persian Gulf Arab country to Caspian littoral states. Masoud ibn Abdullah al-Hanzab said the zone’s…
More than 2,500 new cooperatives are to be formed in Mazandaran, said the head of Cooperatives, Labor, and Social Welfare Organization in the northern province. Ali Babaei added the new…
A high-ranking delegation of Azerbaijani officials is in Tehran for a three-day visit aimed at enhancing economic cooperation on energy, customs, tourism, and transportation. Azeri Economy and…
The Research Institute of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) has established a business clinic in cooperation with Japan’s International Cooperation Agency (JICA…
Over 55,000 hectares of depilated buildings, 10,000 hectares of historical structures, and 54,000 hectares of urbanized areas -- which currently host over 18 million people -- have been earmarked…
Iran’s smartphone applications market brings in huge profits for their developers and stores, filling the void left by Google and Apple in the Iranian cell-phone market.
Iran registered the highest increase in aluminum production in the last Iranian year (March 21, 2013-March 20, 2014) when 320 million tons of aluminum ingots was produced, said a report issued by…
Trade between Russia and Iran has increased in recent months and now Iran is looking to benefit further from the boost in economic relations.
The minister of industry, mine and trade,…
Foreign companies who set up business in Iran will receive corporate tax breaks of up to 50 percent, if they export part of their products.
Foreign companies who set up factories in Iran…
The ministry of economic affairs and finance is forming a special committee to facilitate the process of making Justice Shares tradable in the stock exchange.
Iran Mercantile Exchange (IME) has seen in excess of 202,000 tons of goods offered by different industrial companies during today's trade.
Over-the counter (OTC) has been awarded ISO 9001:2008 by TUV-NORD. A series of investigations have been conducted to approve the management of the OTC, in addition to the financial services being…