Tose’e Insurance Company, the firm that caused uproar last year for infringing the rights of its customers, is still recognized by the website of the Central Insurance of Iran -- the main…
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
Economy
The maximum wage for CEOs and board members of state-owned banks has been approved by the parliament, putting restrictions on the notoriously high salaries of bankers.
Mohammad Reza…
Economy
A n economist has criticized the Money and Credit Council for “being dependent on the government” and “lack of technical expertise” among its members, Banking and Insurance News Agency (BINA)…
Economy
Contrary to liberal experts hailing the Money and Credit Council’s new move to raise mortgage ceilings, two parliamentarians cast doubt whether the decision could have a positive impact on the…
Economy
The banking sector is expected to benefit from a lifting or even easing of sanctions imposed on Iran in recent years over its nuclear energy program, a report says, predicting that lending growth…
Economy
The World Steel Association, known as Worldsteel, announced that Iran produced more than 5.36 million metric tons of crude steel in the first four months of 2015, indicating a 3.5% growth compared…
Economy
The global iron ore crisis and the increased mining royalties in Iran have put small and medium iron ore mines, especially those in the northern half of the country, under great pressure, making…
Economy
Deputy governor of East Azarbaijan Province, Davood Behboudi, says the province has great industrial and mineral capacity, holding 1% of the global copper reserves, Mehr News Agency reported.
Economy
While the prevailing recession in the construction sector has negatively impacted the market for housing-dependant industries such as construction materials and equipment, increased concern among…
Economy
More than 65 percent of companies listed at the Tehran Stock Exchange underperformed, and pushed the TEDPIX to notch a fresh retreat on Saturday trading.
Economy
In a meeting held in the city of Mashhad, the capital of the northeastern Khorasan Razavi Province, between provincial officials of the Agricultural Jihad Organization and representatives of…
Economy
According to data released by the ministry of industry, mine and trade, domestic production of most home appliances grew over the past Iranian calendar year (started March 20). About 1.9 million…
Economy
More than 37% of medical equipment used in Iran has been imported, according to Secretary of Iran Industrial Equipment Manufacturers Association (SATSA), ISNA reported. Imaging equipment such as…
Economy
Iran and Canada’s trade relations, once severed by political animosity, is expected to take a new turn with the Iranian private sector gearing up to introduce to the Canadians the possibilities of…
Economy
The Iraqi government has officially stepped back from its decision to increase the transit fees imposed on Iranian trucks crossing Mehran border terminal, according to Ilam Province governor-…
Economy
The government plans to increase revenues from non-oil exports, including the export of services, to $77 billion by the end of the current Iranian calendar year (started March 21), deputy…
Economy
Iranian and Indonesian officials during Iran-Indonesia 11th economic cooperation meeting, which was held in Tehran, called for promotion of bilateral banking, business and investment relations,…
Economy
Representatives from 25 countries, including England, Austria, Italy, Germany, Switzerland, France, Japan, China, India, South Korea and the UAE, will participate in Agrofood 2015 Exhibition,…
Economy
Renault is hoping to succeed where its alliance partner, Nissan, has stumbled with Datsun by introducing a cheap new hatchback in India with upscale features to challenge the dominance of domestic…
Economy
Renault has said it might rethink its investment in Turkey if a labor dispute, which has stopped production at its joint venture Oyak Renault, brings instability, Zaman News reported.…
Economy
Mazda, Mitsubishi and Subaru maker said on Friday they would recall about 715,000 more cars equipped with airbag inflators made by parts supplier Takata Corporation, Reuters reported. The recalls…
Economy
According to the minister of industry, mine, and trade, the preliminary examinations have been carried out to set up a joint industrial complex with Turkey in East or West Azarbaijan Province,…
Economy
Experts believe the housing market, hit by the recession over the past two years, will eventually receive an impetus, as the Money and Credit Council raised the mortgage ceiling on May 19.
Economy
I ran’s financial services are struggling to make a profit with brokers having seen their margins fall due to low trading volume. The government has recently stepped in but its involvement is…
Economy
Capital market experts have discussed the structure of the newly-established “construction funds” in a gathering held in Tehran at the initiative of Lotus Parsian Investment Bank, the Securities…
Economy
