Based on the latest report released by the Iranian Steel Producers Association (ISPA), the private sector produced 1,615,350 metric tons of crude steel ingots during the first ten months of the…
Economy
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The Protection of Computer Software Creators’ Rights Act was approved in Iran in 2000, but to date, it has not been fully implemented, head of Iran’s Software Exporters Association, Mohammad-Reza…
Iran Mercantile Exchange (IME) recorded a bustling trading day on Wednesday with a variety of commodities offered including 94,000 tons of agricultural products, 24,393 tons of chemicals, and more…
Commercial banks lent 2.7 quadrillion rials ($78.5 billion), during 10 months to Jan. 20, 2015, latest central bank data shows. Nearly 60 percent of the figure was lent to provide cash flow for…
The rial fell versus all major currencies and the Azadi gold coin on Wednesday, as reports of a phased deal over Iran's nuclear program taking shape, led investors towards foreign exchange.
The founder and head of Iran’s first private internet provider, Shatel Communications Group, has described the overall challenges and potentials of the Iranian telecommunications and internet…
Iran may replace its multiple exchange rate system with a unified one if economic conditions prove propitious, the economy minister said.
“Conditions for unifying foreign exchange rates…
The government has paid 3 trillion rials ($110 million at official exchange rate) of its debts to Bank Saderat Iran in cash, IRNA reported.
A former CEO of Eghtesad Novin (EN) Bank has questioned calls for cuts in reserve requirement ratio, saying the move could hurt the economy as it would add to money supply.
“The extra money…
The agriculture sector accounts for 90 percent of the country’s total water consumption, IRNA quoted deputy manager of Iran Water Resources Management Company, Jahngir Habibi as saying. He added…
The export of tiles and ceramics generates $500 million in revenues per annum, IRNA quoted Mojtaba Shirali, a member of Tiles and Ceramics Producers’ Council as saying on Tuesday.
The ban on the import of fertilized chicken eggs and day-old chicks from France has been lifted, Jamaledin Javidi, an official in Iran Veterinary Organization (IVO) told Mehr news agency on…
The number of passengers on international flight entering Iranian airports rose by 23% in the first ten months of the current year compared with the similar period last year, managing-director of…
The policy of distributing cash subsidies among citizens was wrong in the first place, First Vice-President, Es’haq Jahangiri, said on Tuesday.
Minister of Cooperatives, Labor and Social Welfare, Ali Rabie on Wednesday called for the development of the cooperative sector in line with the policies of “resistance economy”, noting that…
Deputy minister of cooperatives, labor and social affairs, Kourosh Parand on Tuesday called on the private sector and entrepreneurs to invest in developing career-oriented education and micro and…
German exports to Iran jumped 30 percent last year to 2.4 billion euros, data from the Federal Statistics Office showed on Tuesday, bolstered by the easing of Western sanctions amid…
“The parliament on Tuesday rejected a proposal by the Joint Committee which would have led to an increase in fuel prices,” Head of the Management and Planning Organization, Mohammad Bagher Nobakht…
Three new indices were unveiled at the equity market by the Securities and Exchange Organization (SEO) on Monday to give investors and portfolio managers access to more transparent information,…
The mining sector experienced a 10.5% growth during the first half of the current Iranian year (to end March 20), Shata news agency cited a deputy minister of industry, mine, and trade as saying…
Stocks at Tehran Stock Exchange (TSE) were wavering between gains and losses on Tuesday’s trading, with all indices pushing the TEDPIX to settle in red territory.
According to TSE data, the…
An airborne geological survey of the country’s entire area will be carried out within the next three years; ISNA cited the deputy head of the Geological Survey of Iran (GSI) as saying.
The average lifespan of buildings in Iran is between 25 to 30 years, while the figure is 150 years in developed countries, Majid Veldan, an official with Iran Construction Engineering Organization…
More than 14 metric tons of hydroponic strawberries have been produced in Qeshm Island, located in the southern Hormozgan Province, in the current year (ends March 20), according to the public…
Iran is to export 100,000 metric tons of chicken in the upcoming calendar year (starting March 21), deputy minister of agricultural Jihad Hassan Rokni said in a meeting with his South African…
