Minister of Roads and Urban Development Abbas Akhoundi said on Monday that the government’s groundless meddling in the housing sector, will impair the industry.
Economy
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The ministry of cooperatives, labor and social welfare has prepared a new plan to help improve the employment market, Hasan Taie, the deputy minister, said on Monday.
“The plan is aimed at…
Energy Minister Hamid Chitchian said on Monday that Iran is keen to increase bilateral relations with neighboring countries including Armenia.
Trade between Iran and Armenia has…
The water crisis in Iran, which manifested itself in large after Zayandehrud River and Lake Urmia dried up, highlights improper economic planning and will continue to cripple all future economic…
A mining official has urged the Iranian private sector to try to obtain a share in the neighboring countries’ mining markets. “The presence of the private sector must be guaranteed in the mining…
Iran has 776,000 kilometers of air routes for passengers and freight services, according to an industry official.
The government is planning to allocate $600 million in finance to five production-exports development funds.
The revenue of Tehran Customs Administration increased 73 percent in the first eight months of the current fiscal year reaching 14.3 trillion rials ($410 million at market exchange rate), Ahmad…
Iran’s Minister of Agriculture Mahmoud Hojati and Kazakhstan’s Prime Minister Karim Massimov discussed how to improve bilateral economic ties in a meeting in the capital city of Astana on Monday.…
Based on the market demand, the National Iranian Copper Industries Company (NICIC) was offering close to 4,000 tons of copper cathodes, at the base price of 214,308 rials per kg, on the industrial…
The initial margin in Tehran’s gold futures market will go up by five percent from Wednesday December 17, as coin futures trading picks up on safe haven demand.
Domestic steel producers in the private sector produced more than 3 million metric tons of crude steel and steel products during the first 7 months of the current Iranian calendar year (March 21-…
Iranian lawmakers passed a bill during their Wednesday public session based on which the Iran Mercantile Exchange (IME) would be the reference for setting petrochemical prices, reported ISNA on…
More than 3,500 megawatts of electricity was traded at the Iran Energy Exchange (IEX) on Monday, the Ministry of Energy’s news agency reported. The minimum price per megawatt recorded at the IEX…
Initial Public Offerings (IPO) of 8 companies will be launched at the Iran Fara Bourse or over-the-counter (OTC) on January 3, 2015, SENA reported. The upcoming creation units will be transferred…
The office for economic studies of the Parliament Research Center has conducted a study to find ways to improve Iran’s rank in the annual reports published by the World Bank known as the “Doing…
The International Organization for Standardization (ISO) has awarded two quality management certificates to Bank Refah Kargaran.
After assessing 28 branches of Refah Bank, the international…
Deputy economy minister Mohammad Parizi unveiled the government’s main plans for revising the banking system during a specialized meeting held last Thursday to assess the performance of Tejarat…
The Azadi gold coin hit an eight-month high as stocks plummeted on the anticipation of further rises in gold prices in the last working week of 2014 and an increase in safe haven demand due to…
First Vice President Es’haq Jahangiri will meet on Tuesday with the CEOs of public and private banks as well as with the managers of credit and financial institutions, MNA reported on Sunday.…
About 50% of the annual handling capacity of the country’s airports remains untapped, Mohammad Ali Ilkhani, Iran Airports Company Mohammad Ali Ilkhani said on Sunday.
A top official says 116 plans and 600 infrastructural projects are under way in the transportation sector.
A delegation of eight Armenian ministers accompanied by their deputies was set to arrive in Tehran on Monday morning to attend the 12th meeting of Iran-Armenia joint commission with the aim of…
Minister of Agricultural Jihad Mahmood Hojati on Sunday morning left Tehran to attend the 13th prime ministers’ meeting of the Shanghai Cooperation Organization (SCO) in…
Trade diplomacy is key to dynamic presence in global markets and could lead to reduction of costs. Many experts believe that this is an area where Iran still lags far behind. Instead, they say,…
