After years of sanctions imposed against Iran over its nuclear energy program, Tehran’s international airport is facing strong rivals in the Middle East. The government is trying to mobilize its…
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
- Economy
Vice president of International Affairs at Iran Chamber of Commerce, Industries, Mines and Agriculture highlighted the economic strengths of Iran and Bulgaria.
EconomyThe notion of eliminating the world’s dominant reserve currencies such as the dollar and euro from trades and transactions between Iran and Russia has been proposed repeatedly by both countries in…
EconomyIran’s exports to and imports from the Republic of Ireland in the last Iranian year (ended March 20, 2015) stood at $358,000 and $118 million respectively, Eghtesad News reported. Pipes,…
EconomyWomen account for 17% to 20% of the country’s businesses on average while occupying as little as 7% of the managerial seats in the industrial sector, said an aide to the Minister of Industries,…
EconomySince the start of harvest season and under the government’s guaranteed purchase plan, the Agriculture Ministry has bought 3.13 million tons of wheat from farmers in excess of their need, as IRNA…
EconomyThe use of pesticide in Iran’s agriculture sector has slashed by 25% over the past two decades from 30,000 tons to 21,000 tons and is now half the global average, according to Iran’s Plant…
EconomySamsung’s working on a new concept that could potentially make driving a lot safer.
Last week, Samsung shared a blog post about its “Safety Truck,” a trailer-truck that has a wireless…
EconomyIran's Standard and Quality Inspection Company has recently assessed 28 cars locally produced in a monthlong period, ending May 21.
According to the report, 99% of the automobiles…
EconomyMercedes-Benz is selling almost as many Maybach cars in China each month as it used to sell worldwide in a year, when it targeted the super-rich with a standalone model.
EconomyThe representative of the United Nations Children’s Fund in Iran, Ezio Gianni Murzi, has hailed the country’s Ministry of Cooperatives, Labor and Social Welfare for its fight against…
EconomyThe second “Iran Project Exhibition” will be held in the city of Ashgabat in Turkmenistan, 19-21 August, announced executive manager of the exhibition, Abdolhamid Asadian, Mehr News Agency…
EconomyAs trade with Azerbaijan, Turkmenistan and Iraq has either stalled or fallen, the Ministry of Industries, Mines and Trade—the body in charge of balancing trade and increasing exports—is seeking to…
EconomyThe Ministry of Industries, Mines and Trade does not approve of expanding border markets, as these markets do not comply with standard trade regulations and have failed to generate significant…
EconomyExports to Russia of more than 20,000 tons of fish and other aquatic products such as shrimp and trout will start as of July 23, announced the head of Iran Fisheries Organization. “No restrictions…
EconomyThe first round of negotiations to sign a treaty on avoiding double taxation was held between the governments of Iran and Hungary from June 15-17 in the headquarters of the Iranian National Tax…
EconomyAccording to an agreement signed by Iranian Ambassador to Algeria Reza Ameri and Algerian Trade Minister Amara Benyounes, Iran is to help Italy build a date processing plant in Algeria by lending…
EconomyThe punitive policy stipulated in the new law aimed at removing production barriers may put an end to business activities of commercial banks, Banker news website reported on Friday. Some…
EconomyIran’s sovereign wealth fund announced new lending rates on Saturday.
Banks will have to pay the National Development Fund of Iran 5.2%, when borrowing from it to finance projects, the fund…
EconomyLack of funds in commercial banks has made them reluctant and unable to undertake the newly-introduced mortgage package by the Money and Credit Council that sought to stimulate the struggling…
EconomyDuring a recent seminar on the role of development banks on economic growth, Minister of Economy Ali Tayyebnia announced that a banking overhaul plan, which he said has been drafted, would be…
EconomyWhile the prices of steel rebar have remained more or less unchanged over the past few weeks, steel beam prices have experienced a steady growth.
Market analysts believe fluctuations in…
EconomyAs growth in crucial investment markets inside Iran has stalled, real-estate capital has increasingly flown abroad. Countries providing easy access to residence permits in return for property…
EconomyIran Mercantile Exchange witnessed the offering of more than 27,000 tons of copper in the spot market on Sunday trade.
EconomyAn unprecedented underwriting at Iran Fara Bourse was accompanied by a massive surge in daily trade volume and value, with more than 3.1 billion securities sold at $193.7 million on Sunday.
Economy