Pilot cadastre projects have been implemented in five provinces across the country with the aim of cutting down on bureaucracy and promoting electronic issuance of exploration and extraction…
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
Iran’s deputy minister of cooperative, labor and social affairs is in Doha to meet with his Qatari counterpart and discuss the terms of a recently penned memorandum of understanding (MoU) between…
Iran produced 1.366 million metric tons of crude steel in January this year, registering 19.7% growth compared to 1.141 million tons produced in the same month last year, according to the latest…
Iran Mercantile Exchange (IME) played host to 290,000 tons of coppers, steel, agricultural and petrochemical commodities offered by local suppliers during Sunday’s trade. According to IME’s Public…
All indices at Tehran Stock Exchange (TSE) helped drag down the TEDPIX at Sunday’s close to evaporate the prior trading day’s gains, with lingering uncertainties surrounding the ongoing nuclear…
The private sector has invested 12 trillion rials (about $434 million) in Shahid Raja’ee port so far this year (to end March 21), CEO of Ports and Marine Organization (PMO), Ebrahim Idani said in…
Exports from the southeastern Kerman Province have increased by 170 percent on a year-on-year basis, Mehr news agency quoted provincial governor Ali-Reza Razm Hossein as saying. The official…
Exports of leather fell by nearly 30% this year, deputy head of the Association of Leather Producers and Exporters, Mohammad Lahouti, said on Saturday. “Iran’s leather industry has great potential…
Out of the 11 licensed cell phone manufacturing units in Iran, only two are currently active manufacturing about 1.5 million mobile phones every year.
The industrial and mining sectors grew by 6.5 and 10.5 percents respectively during the first six months of the current Iranian year (March 21- September 22) according to deputy minister of…
Iran’s Minister of Roads and Urban Development, Abbas Akhundi, conferred with Iraq’s Minister of Reconstruction and Housing, Tariq Al-Khikani, in Tehran on Saturday, IRNA reported. He reiterated…
The government lacks the sufficient financial resources to fund the subsidy reform plan due to reduced oil revenues in light of the slump in global oil prices, IRNA quoted senior economic advisor…
The government needs to generate more revenues from taxes by fighting tax evasion, said Minister of Economic Affairs and Finance, Ali Tayebnia on Saturday.
“Increasing tax revenues is not…
Iran is facing a line of foreign trade delegations wanting to negotiate closer economic ties, head of Iran’s Chamber of Commerce, Industry, Mine and Agriculture, Gholam Hossein Shafei, said on…
Bread prices will increase in the upcoming calendar year (to start March 21); Fars news agency quoted Arsalan Fat’hipoor, the head of the parliament’s economic commission as saying on Saturday.…
During the past few years, a number of Iranian commercial banks have suggested that Automated Teller Machines (ATM) should be updated and adjusted to accept checks. Namely, CEO of Bank Mellat…
A conference on the development of financial innovation in Iran will take place on March 1, according to the news website, Banker.
The conference, set to be held at Sharif University in…
The Supreme Anti-Money Laundering Council has ruled that any suspicious hefty financial transactions are to be regulated Interior Minister Abdoreza Rahmani-Fazli said.
Bank Saderat Iran has issued more than 9,000 virtual cards to institutional and non-institutional entities during the first nine months of the current fiscal year (ending January 20).
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In an address to the Public-Private Dialogue Forum in Khoramabad, Lorestan, Justice Minister Mostafa Pour-Mohammadi has voiced support for the administration’s idea that banking structure needs…
Those who invested in gold and housing markets in the past decade have made tenfold profit from their investment, while those involved in foreign exchange and stock markets have respectively made…
In effect of a complaint filed by the Trade Development Intl. Company (TDIC), branch 19 of Shahid Behehsti Judicial complex has ruled in favor of a distraint notice on the assets of Iran Zamin…
Iran is facing serious environmental challenges such as drought and water crisis, but the government is trying to address the problems through strategic planning, First Vice-President Eshaq…
Relatives of US soldiers killed and wounded in a 1983 Beirut bombing have been barred by a US judge from seeking $1.6 billion in assets belonging to the Central Bank of Iran and held by a unit of…
The first national conference ever held in Iran on a “suggestion system” within the Iranian banking network is set to open on Feb. 23 in the central bank’s conference hall. Iran Banking Institute…
