Iranian bus manufacturers recorded zero output during the Iranian calendar month of Aban (ended November 21), reported ISNA.
During the similar period last year, major bus manufacturers…
Economy
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The inflation rate in Iran's rural areas reached 17.3 percent in the Iranian month of Aban (ending November 21), down 1.6 percent from one month earlier, a recent report released by the…
The Central Bank of Iran has taken a “disciplinary” approach, rather than a contractionary one, to help the government curb inflation, and provide for an exit from recession at the same time, a…
The director of Aras Free Zone Organization said the most important thing for the northern trade zone is to develop more industrial projects by attracting foreign investors.
The Azadi gold coin advanced to a seven-month high driven by gold’s five-week rally as safe haven demand increased.
The Azadi benchmark surged 1.24 percent and hit 9,800,000 rials by 13:57…
The government spokesman has described the parliament’s report about a large withdrawal of money from the National Development Fund of Iran by the government as “unreal.”At a press conference held…
President Hassan Rouhani said on Wednesday that reliance on oil revenues has considerably reduced in next year's budget.
"The unprecedented oil price fall has made it possible for the…
Finnish Outotec Company’s announcement that it is willing to provide technologies and services to Iran’s mining and mineral processing industries was a much talked about event in Iran’s mining…
The governor of the Central Bank of Iran, Valiollah Seif, made a public announcement on Saturday about the so-called “unauthorized financial institutions,” which are believed to have run a…
Tehran Municipality has announced a plan to sell hundreds of housing units already built in the Tehransar neighborhood by the end of this year, ending March 2015, according to Mehr news agency.
Some 15 trillion rials ($557 million at official exchange rate) is annually earmarked to improve the domestic railway network, Mohammadreza Nosrat, deputy manager of the Islamic Republic of Iran…
Iran and Venezuela plan to expand economic relations, according to Mohammadreza Nematzadeh, minister of Industry, mine, and trade. The minister said in a meeting with the visiting Venezuelan…
Some 10 trillion rails ($371 million at official exchange rate) has been allocated to expand aquaculture, Hossein Abdolhay, the deputy manager for aquaculture in the Fisheries Organization, said…
The Novaran Amin Data Processing Company (NADPCO) has been approved by the Securities and Exchange Organization (SEO) as the 11th consulting company to operate at Iran’s capital market, SENA…
Khalij Fars special economic zone has approved land appropriation for a joint steel venture between Iran and Kuwait, MNA quoted head of the Iranian Mines and Mining Industries Development and…
More than 722,300 cars were manufactured during the first 8 months of the current Iranian calendar year (ended November 21), indicating 69.8% growth compared with the same period last year,…
Stock markets have their breathtaking ups and downs, and as matter of fact, both individual and institutional investors may experience losses, though unsettled investors may possibly go wrong in…
The pricing strategies used by the textile and apparel association have not been useful so far and the pricing system is fundamentally not feasible due to the wide variety in fabrics, design and…
Trading floors at the Iran Mercantile Exchange (IME) played host to 446,000 tons of oil-based commodities, chemicals, metals, and agricultural commodities on Wednesday, the IME’s public relations…
Despite previous announcements that the two major state-owned football clubs, Persepolis and Esteghlal, would be priced and be ready for auction by the end of the third quarter of the year, the…
The Bank of Industry and Mine has funded 23 industrial projects in six months beginning March 2014.
The bank financed loans and other financial facilities in Euros, Yens and rials. The bank…
Customers can now check the authenticity of Cooperative Development Bank’s guarantees on the bank’s website. Cooperative Development Bank’s customers can check the type, file number and the issue…
The necessity of implementing knowledge-based projects whilst understanding cultural issues was stressed by the Vice President for Science and Technology in a meeting with the Leader’s…
T he Central Bank of Iran is considering changing the base year, for calculating its indices and statistics, to 1395 (the Iranian year starting March 2016), the PR office of the central bank…
Turkish investors have visited the Anzali Free Trade Zone in the north of Iran, eyeing investment opportunities.
