Iran has agreed to give a subway project in its northeastern city of Tabriz to a Turkish contractor, the Pakistan’s Customs Today reported.
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
Economy
The Tehran Stock Exchange (TSE) wrapped up the week's trading days ending December 24 on a relative high note, with the overall index registering almost 0.95 percent gains, and recording the first…
Economy
Bimeh Markazi (Central Insurance of Iran) has released a report criticizing some Iranian insurers for not filing data about their risky assets. On Thursday, regulator Bimeh Markazi published…
Economy
C hekavak, an electronic check processing system, is to go operational in Tehran from Saturday with the primary target of eliminating the circulation of physical checks in the banking system and a…
Economy
Since western sanctions intensified against Tehran, Iran’s pharmaceutical industry has been among hardest hit sectors, as the country is heavily reliant on pharmaceutical imports to meet its needs…
Economy
Bank Keshavarzi (agriculture) has conducted a set of exercises to implement emergency protocols for providing services to customers in case of a cut off from data systems.
The exercise took…
Economy
Saderat (exports) Bank offered 442 trillion rials ($12.4 billion at market exchange rate) in loans from March to October this year.
The loans have been given by the Tehran-based lender to…
Economy
An official has confirmed that Iran has up to $100 billion in frozen assets in foreign banks.
Yahya Al E’shaq, head of Tehran’s Chamber of Commerce, Industries, Mines and Agriculture, said…
Economy
Plans are underway to turn the Birjand Special Economic Zone (SEZ) into an attractive destination for foreign and domestic investors, Secretary of Free Zones High Council, Akbar Torkan, said on…
Economy
Iran is to send commercial envoys to Italy, Uzbekistan, Turkmenistan, Afghanistan and South Korea to scope out trade opportunities with these countries, Reza Abbasgholi, an official with Iran’s…
Economy
The Rouhani administration has submitted next year’s budget bill to the parliament amid plunging oil prices, sanctions and other economic problems that have left a contracting impact on the budget…
Economy
The southeastern province of Kerman will export agricultural crops, mainly onion, to Central Asia, Islam Shahrokhi, a local official with the ministry of agriculture has announced. He added that…
Economy
Some 100 billion rials (above $3.7 million at official exchange rate) has been earmarked to start construction of the 1300-kilometer-long Zahedan-Birjand railway, Abbas Akhundi, the minister of…
Economy
Inflation in Azar (the Iranian month ending December 21) reached 16.8 percent, down from 17.8 percent a month earlier, Mohammad Baqer Nobakht, vice president for strategic planning and supervision…
Economy
The government carefully supervises the distribution process of subsidized flour, Mojtaba Khosrotaj, the deputy of Industries, mines, and trade said in Rasht, as reported by ISNA on Friday. …
Economy
The vice president for science and technology announced that the amount of research funding in different areas has increased between 3-14 percent in next year’s budget, MNA reported on Wednesday…
Economy
The Rouhani administration seeks to create an international financial hub in one of the free economic zones as Iran moves towards opening its market and securing its place as the region’s frontier…
Economy
The development of e-government is the only way to eliminate corruption at all government levels, vice president’s deputy for legal and parliamentary affairs told IRNA this week.
Economy
T ehran has a huge pollution problem. We all know this to be one of the bugbears of living in this city.
Economy
Turkey is seeking a permanent resolution to a transit fee dispute with Iran. The spat between the two neighboring countries has been resolved to some extent since Iran agreed to temporarily (for…
Economy
The parliament’s research center has released a report criticizing next year’s budget bill for allocating what it calls “unrealistic” budget for capital projects. The budget bill proposed to the…
Economy
An Enterprise Ireland delegation is planning to visit Iran in the new year to scope out potential opportunities for exporters, Irish Independent reported on Wednesday.
Economy
Trade ties between Iran and Belgium is to enter a new phase following a recently-signed MoU between the two countries’ chambers of commerce, Mohsen Khalili Araghi, head of Iran-Belgium joint…
Economy
The so-called Islamic State (IS) extremists earned up to $3 million in September alone just from illegal oil sales, according to US intelligence officials and experts, making the militants richer…
Economy
The Dokouhaneh border customs near the city of Nehbandan can be used as a gateway for the development of trade with neighboring Afghanistan, Abolfazl Razavi, first vice president’s deputy for…
Economy
