The Iranian medical device market, ranking fifth in the Middle East and Africa valued at $832.5 million, is expected to expand by 9.1% CAGR (Compound Annual Gross Rate) to 2018, a new report…
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
C urrency exchangers show resistance to the rial’s appreciation due to volatility in the currency market and demand from buyers, said an economic expert on Tueday.
Bonds can be used to subdue inflation in the years to come, thus giving a free hand in extending credits to commercial banks, said the CEO of Middle East Bank.
More than 34 trillion shares have been offered via initial public offerings (IPO) at the Tehran Stock Exchange (TSE) and Fara Bourse, or over-the counter (OTC), since March 21, Iran Privitization…
The 21st Exhibition of Iran Packing and Printing (IPP 2014) wrapped up on Tuesday on the capital’s permanent fairground. The event, supported by the Trade Promotion Organization of Iran (TPO), is…
The two major Iranian carmakers Iran Khodro and Saipa were ranked sixth and tenth, respectively, in a survey conducted to assess customer satisfaction of the car sales process in Iran, reported…
Stocks wax and wane relentlessly, pushing the Tehran Stock Exchange (TSE)’s main index notching new record lows, as the equity market is grappling with uncertainties over the future of the economy…
The government must soon set new tariffs on steel imports in a bid to reinvigorate the domestic steel industry, IRNA quoted Mehdi Karbasian, the deputy minister of industry, mine and trade as…
The recent Central Bank of Iran’s growth report is only related to the state-run companies and has nothing to do with private enterprises, said Yahya Al-e Es’haq, head of Tehran’s Chamber of…
Iran has imposed bans on the export of certain products such as those related to cultural heritage, genetic resources and subsidized goods, Seyed Abbas Hosseini, an official with Iran’s Trade…
Some $900 million worth of non-oil goods have been exported from the southwestern city of Khoramshahr to Persian Gulf Arab states and Iraq since March, the governor of Khoramshahr told IRNA. The…
Iran’s Economy Minister Ali Tayebnia says “close to 43% of Iran’s gross domestic product is exempt from taxes.” Recalling an earlier statement by the head of Iranian National Tax Administration (…
Iran can fill the vacuum created as a result of Moscow’s dispute with the West to expand its economic ties with Russia, says Valliollah Afkhamirad, head of Iran’s Trade Promotion Organization (TPO…
The budget allocated by the government to job creation in the upcoming year is initially financed through the savings from subsidy reforms, Ali Rabiee, minister of cooperatives, labor and social…
President Hassan Rouhani and several cabinet members arrived in the southern port’s city of Chabahar on Wednesday to inspect the port facilities, railway network and petrochemical development…
The Sepahan Oil Company (SOC) announced financial results for the first half of the fiscal year 1393 (started March 21, 2014), based on which the company’s net income was over 1.56 trillion rials…
Monday’s trade at the Iran Mercantile Exchange included the offering of 400 tons of corn, priced 8,500 rials per kg, by a local supplier on the agricultural trading floor on Monday, IME’s public…
The United Nations Industrial Development Organization (UNIDO) will be the co-organizer of the first international conference in Iran on holding and investment companies, dubbed Iran Holdings,…
With the possibility of economic recovery, the shipping sector will be a major beneficiary of an easing of sanctions imposed on the country over its nuclear energy program, as the international…
Lingering worries along with ambiguities surrounding the equity market have kept dragging down the TEDPIX since November 12, notching new record lows within the past 15 months.
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A new social media account in the Persian language popped up on many people’s screens in the past week, a jar of pickles with the name Hastiya slapped across the front , strange at first to most…
Managing Director of Kish Free Zone Organization, Ali Asghar Mounesan, says the KFZO has begun to complete the semi-finished infrastructure projects on the Persian Gulf island.
The Central Bank of Iran (CBI) published a summary of its “General Report of Economic Developments in 1392” (ending March 20, 2014). The published report is considered to be the most comprehensive…
Interest rates of investment accounts in commercial banks fell slightly at the beginning of the Iranian month of Dey (starting on December 22), in line with the new instructions issued by Central…
Creating stability in banking and monetary policy is the key goal of the Central Bank of Iran (CBI) governor as he seeks to make the economy more predictable.
Valiollah Seif said on Monday…
