Foreign exchange deputy at the Central Bank of Iran has advocated the expansion of non-oil exports as a means to achieve a unified foreign exchange regime.
Economy
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During the meeting of the commission on aquatic bio-resources of the Caspian Sea held in the Russian city of Saint Petersburg last week, Caspian littoral states decided to extend the ban on…
EconomySouth Africa is welcome to cooperate with Iran’s eastern South Khorasan Province in terms of trade and mutual investment in tourism, manufacturing, agriculture and transportation, deputy head of…
EconomyThe First International Marine Exhibition of the Islamic Republic of Iran (Iran Sea Expo) will be held at Tehran’s Mosalla, June 6-9, deputy head of port affairs and special zones of Ports and…
EconomyDue to low tariffs on starch and glucose imports, these products have recently been imported from China, consequently damaging their domestic production, ISNA quoted head of Starch and Glucose…
EconomySome 28.7 billion cigarettes were produced in the country over the past Iranian year (ended March 20), said deputy minister of industry, mine and trade, Mojtaba Khosrotaj. As Eghtesad-News…
EconomyThe ministry of cooperatives, labor and social welfare plans to use the savings from cutting cash subsidies of six million high-income Iranians by the end of the current Iranian year (March 19,…
EconomyThe Central Bank of Iran (CBI) reported a 12.9% increase in the producer price index (PPI) in the 12-month period ending May 21, which marks the end of the second Iranian month Ordibehesht,…
EconomyAlthough the industry minister recently announced that the price of industrial commodities would not be affected by the hike in fuel costs, officials of Iran Cement Industry Association have…
EconomyThe two-day Iran Mines and Mining Industries Conference wrapped up in Tehran on Monday. The IMIS 2015 was attended by a number of cabinet ministers, dozens of managers and consultants from 20…
EconomyAs inflation-combating policies have taken hold on the economy, investment-based markets like the stock exchange and housing have again started to outperform price-based markets like currency and…
EconomyThe government will soon decrease the rate of mining royalties imposed on iron ore mines, Tasnim News Agency quoted Minister of Industry, Mine, and Trade, Mohammad-Reza Nematzadeh as saying on…
EconomyThe government will soon reduce the rate of mining royalties imposed on iron ore mines, Tasnim News Agency quoted Minister of Industry, Mine, and Trade, Mohammad-Reza Nematzadeh as saying on…
EconomyThe ministry of industry, mine, and trade is planning to engage in research and exploration for radioactive minerals, Minister of Industry, Mine and Trade Mohammad-Reza Nematzadeh was quoted by…
EconomyFor the second time, General Motors' application to trademark the name “Bolt” for its upcoming electric car is under suspension, Auto Guide reports.
EconomySubaru has submitted paperwork to the National Highway Traffic Safety Administration regarding an Impreza recall to replace faulty Takata airbag inflators, and the final tally is 81,100 units…
EconomyVolvo will build the vehicles that sell best in the US at its new factory there, but not the newly redesigned XC90 crossover, said Lex Kerssemakers, the brand's US chief, Automotive News Europe…
EconomyFirst Vice President Eshaq Jahangiri says the government has not pinned its hopes on the removal of economic sanctions imposed by the West over the country's nuclear energy program, Tasnim News…
EconomyThe Central Bank of Iran has recently unveiled a report outlining the economic achievements of the previous fiscal year, forecasts for the current year, and challenges facing the monetary…
EconomyThe government and Central Bank of Iran are considering a plan proposed jointly by the housing market’s leasing firms and mass builders to financially empower potential home buyers and …
EconomyAs the second fixed-income Exchange-Traded Fund (ETF) in Iran Fara Bourse or the over-the-counter market, Ganjineh Ayandeh Roshan investment Fund will offer its 10,000-rial investment units for…
EconomyThe 25th Annual Conference on Monetary and Exchange Rate Policies was held in Tehran, focusing on solutions to the chronic inflation the economy has been suffering from in the past few decades.
EconomyThe chairman of iron retailers’ guild has warned that despite last year’s 35% decline in the prices of steel products, domestic consumption is still low and the depots are overflowing, ISNA…
EconomyS tocks failed to rebound and remained locked in a familiar pattern over the lingering systemic risks surrounding the equity market, with the benchmark losing 191.5 points or 0.3 percent to settle…
EconomyThe Western sanctions imposed on both Iran and Russia have provided a good opportunity for joint mineral projects, says a representative of the Russian geological holding company, Rosgeo.
Economy