The Competition Committee on Wednesday looked into the €650 million ($730 million) corruption case, raised back in 2013 against an Iranian commercial company, Sepid Ostovar Asia, but it called on…
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
Whimsical decision making can threaten the stability of the National Development Fund of Iran (NDFI), deputy of the fund Mohammad Ghasem Hosseini said on Thursday.
Sovereign wealth…
On Wednesday evening Tehran University’s business accelerator Avatech hosted the Hamfekri event otherwise known as the Meeting-of-Minds. The event was well attended with young (and one pension age…
The country’s cement export decreased 10% during the first 9 months of the Iranian calendar year compared to the similar period last year, the secretary of Iranian Cement Industry Employers…
Mines and mineral industries account for 30 percent of the stock exchange market in Iran, said an official from the Iranian Mines and Mining Industries Development and Renovation Organization (…
The Tehran Stock Exchange (TSE) has been in dismay for much of the past year. This downward trend has been mostly due to structural factors. However, recent government measures lately have been…
The Tehran Stock Exchange witnessed an accelerated pace of selloffs at Wednesday trading, with the benchmark plummeting .082 percent to a new record low.
The rapid increase in Chinese-made cars and auto parts in Iran and the rather unusual collaboration between Iranian and Chinese automotive companies has raised concern among business leaders who…
The research center of the parliament has attended the issues concerning compulsory loans –loans that commercial banks have been forced to grant in recent years – in next year’s budget bill, which…
The foreign exchange market will come under better central bank oversight as soon as the newly-set regulations are enforced, a senior monetary official said on Wednesday.
If the banking system is to play a role in helping the economy exit recession and curb inflation, commercial banks need to revise the process of their asset allocation, a senior economic expert…
Bankers are the focal point of Iran's economic expansion as the medium for transferring savings to businesses given Iran's peculiar conditions, said an economic official.
"Fiscal spending…
The Central Bank of Iran deposited two trillion rials ($72.9 million at official rate) in the Bank of Industry and Mine (BIM). The three month deposit given on December 22 carries a 20 percent…
Benchmark gold coin Azadi hit a 16-month high on Wednesday, as increased demand for a hedge drove up gold prices.
President Hassan Rouhani has personally ordered the allocation of 10 trillion rials ($370 million) in subsidy to the production sector by the yearend (March 20), Eghtesad news quoted Minister of…
Iran is a major olive producer in the world, ranking 11 out of a total of 43 olive producers across the world, Jean-Louis Barjol, the executive director of International Olive Council (IOC) said…
In his meeting with governor of South Khorasan Vajhollah Khedmatgozar, Swiss Ambassador to Iran Julio Haus, voiced his country’s willingness to establish favorable relations with Iran, the…
The 6th Doors and Windows Technology International Exhibition will be held in Tehran international permanent fairground on January 23-26, IRNA reported on Wednesday. The exposition is supported by…
The parliament has declined not to increase the tax levied on cigarette imports, Mohammad Hassan Nejad, a member of Integration Committee of the parliament told Tasnim news agency yesterday.…
An exclusive trade fair in Baghdad will provide a perfect platform for Iranian traders to showcase their products, Valiollah Afkhamirad, the head of Iran’s Trade Promotion Organization (TPO) said…
Iran and Turkmenistan railway officials explored avenues for expansion of trade through the recently inaugurated Iran-Turkmenistan-Kazakhstan railway during their official meeting in the small…
Government interventions to regulate the market through price fixing for various products has generated new rounds of criticism by manufacturers and economic experts who argue that the government…
The secretary of Iran-Turkey joint trade commission has announced the list of goods included in a recently signed preferential trade agreement (PTA), ISNA reported on Tuesday. Some of the goods…
French automaker Renault says it exported 36,300 cars to Iran in 2014, up 9% compared to the previous year, Mehr news agency reported on Tuesday. The French company recorder its highest volume of…
Ambiguities keep crumpling the stocks as both individual and institutional investors are bracing themselves for more losses in the wake of massive retreats in Tehran Stock Exchange (TSE)’s overall…
