The official representative of South Korean carmaker Kia Motors in Iran says two new models, Sorento 2015 and Carenz 2015, are on the way to the Iranian market, Mehrnews reported. Customers are…
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
A huge surplus of tile and ceramics has pushed the industry owners to shut their factories for 45 days in order to sell the piled up products, the Iranian daily Ta’adol reported.
Tehran Stock Exchange (TSE) witnessed a sloppy trade on Saturday amid a prevailing bearish trend, with almost 291 million shares changing hands to record close to 50 percent decline for trade…
Supporting downstream industries and completing the production chain of the mining sector were described by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO…
Close to 36 types of various commodities were offered in Iran Mercantile Exchange (IME) in a busy trading day on Saturday, IME’s Public Relations and Foreign Affairs reported.
Although the iron and steel market is usually bustling by the year’s end, this year it is experiencing a serious slump, Fooladnews cited the head of Iran’s Iron Guild as saying.
Noting that…
The Producer Price Index (PPI) increased by 15.3 percent by the end of Bahman (11th month of the Persian calendar ending February 20th) compared to the same period last year, according to the…
Iran exported $4.2 billion worth of food and agricultural products in the first ten months of the present Iranian calendar year (ending March 20), an official in the Federation of Iranian Food…
The southwestern province of Ardabil produces 6,000 metric tons of honey every year, Mehr news agency quoted a provincial official with agricultural Jihad as saying. According to Dehghan Bagheri,…
Secretary General of Iran-Afghanistan Chamber of Commerce, Industry, Mines, and Trade Mozafar Alikhani called for the removal of visa requirements for Iranian and Afghan traders and reduction of…
According to official statistics released by Iran’s Central Task Force to Combat the Smuggling of Goods and Currency, $20-25 billion worth of contraband is annually smuggled into and out of…
The volume of exports and imports from the 11 major commercial ports in the country has exceeded 140 million metric tons since the beginning of current Iranian year (ending March 20), IRNA quoted…
The deputy head of steel employees’ pension fund says the steel industry’s retirees will receive their overdue pensions by the end of the current Iranian year (ending March 20), Fooladnews…
A ccording to statistics released by the ministry of industry, mine, and trade, revenues generated from mine royalties during the first 10 months of the current Iranian year (ends March 20)…
Tehran Stock Exchange (TSE)’s 4-day losing streak in the week that ended on February 26, was accompanied by further retreat, with the TEDPIX plummeting more than 1 percent within 5 working days.…
Iran Mercantile Exchange (IME) has recently been witnessing ever-increasing orders for bitumen on the export trading floor, which has made bitumen the most demanding commodity among all oil-…
With annual cement output of 75 million metric tons, Iran is among the world’s top five cement-producing countries. Unfortunately, environmental pollution is an inseparable part of cement…
Iran’s second largest mobile telephone line operator, MTN-Irancell, has announced that it has upgraded both Persian Gulf free zone islands of Kish and Qeshm to 4G LTE services, according to the…
Currency shocks in the Iranian market will be avoided in the next fiscal year if the demand for foreign currencies remains moderate, Mohammad Reza Pourebrahimi, parliamentary supervisor of the…
Website designing in Iran has had a long and tortuous history. Some might say that good website design in the country is anathema to the general populous. And you couldn’t agree more when it comes…
Commercial banking growth as predicted by a recent report is to be slowed down in the fiscal year beginning March 21.
“Risks of defaults will increase” for the banking industry, Business…
The recent announcements about Charsou Bazar and Palladium Mall opening have prompted Iran watchers to examine, and re-examine, the quickly maturing shopping precinct industry within the country.…
For the second consecutive day, retirees of the steel industry gathered outside the parliament building on Wednesday, calling for their overdue pensions to be paid, IRNA reported. The protesters…
Gas leakage in a glisonite mine in Shak Meidan region, 30 kilometers southwest of Gilan Gharb in western Kermanshah Province, caused an explosion, IRNA cited provincial governor Faramarz Akbari as…
The Tehran Stock Exchange (TSE)’s overall index tumbled at Wednesday close to record its fourth consecutive downtrend, though veteran investors garnered heavily devalued shares, with trade volume…
