Shopping in Iran remains a very local affair, unlike in Europe which since the 1950s has been dominated by the growth of large superstores.
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
Insurance coverage of the Export Guarantee Fund of Iran increased by 30 percent in the first eight months of the current Iranian year compared to the same period of the previous year, IRNA quoted…
IIran has been picked as a key member of the steering committee for Expo 2015 after it gained a majority of votes, Seyed Mohammad Jozi, the consulate general of the Islamic Republic of Iran in…
Parsian Bank’s CEO has announced his private bank is now offering premium banking services to regular and new customers. Parsian is one of the first banks to develop this new method of attracting…
Iran has to seize the opportunities in neighboring countries to increase its export of engineering and technical services, Deputy Foreign Minister Morteza Sarmadi said on Saturday.”Many countries…
Reforms must be made to Iran’s rail industries that have plunged into recession in recent years, Mohammad Reza Nematzadeh, the minister of mine, industry and trade, said on Saturday. He added that…
Iran’s tax revenues increased by 52 percent during the first eight months of the current year compared to the same period last year, Ali Asgari, head of the National Tax Administration, said on…
Investment policies of President Hassan Rouhani and his economic team to improve agro-infrastructure, such as improvement of irrigation systems, will help Iran produce better quality grains, a…
Optimism about the future of the ongoing nuclear talks between Iran and the P5+1 (the US, Britain, China, France, Russia and Germany) and the extension of sanctions relief have triggered…
The export of IT-related services rose by 60% during the first eight months of the current Iranian year, compared with the same period last year, Valiollah Afkhamirad, head of Trade Promotion…
New data provided by the Central Bank of Iran (CBI) shows that the rate of investment in the housing sector has increased to 44.3% this year from 38% in the Iranian calendar year of 1385 (March…
Iranian Steel Producers Association (ISPA) announced Saturday that steel import has increased by 33 percent in the first half of the current Iranian year (March 21-September 22), compared to the…
More than 89,000 tons of 33 types of commodities were offered on the spot market at the Iran Mercantile Exchange on Saturday, IME’s public relations and international affairs office reported.
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Fragile atmosphere at the Tehran Stock Exchange (TSE) has dragged down the benchmark further to settle at a striking distance from its record low set in the past 12 months.
The steady…
The French carmaker Peugeot is once again in a joint venture with Iran's biggest carmaker 'to help Iran revolutionize its auto industry', Hashem Yekeh-Zareh, the managing director of Iran Khodro…
More than 64,000 cars were imported to Iran within the first 8 months of the current Iranian year (March 21-November 21), demonstrating a 77 percent hike, compared to the same period last year,…
Iran’s silver, gold and platinum mobile phone number industry, like many around the world, has become deregulated over the past decade.
Iran now ranks as one of the countries where a mobile…
Determining the official dollar exchange rate for next year’s budget is a daunting task. A slight miscalculation by the government or the central bank would cause severe economic problems, says a…
The first vice president called for the active participation of insurance companies in the stock market, on the occasion of the 21st national and seventh international conference on ‘Insurance and…
The governor of the Central Bank of Iran, Valiollah Seif, predicted the Iranian economy to grow and inflation to see further declines. Seif forecasted the economy would expand by three percent in…
The spot market at the Iran Mercantile Exchange (IME) witnessed an overall trade of more than 506,000 tons of commodities last week (ended Decem0ber 4), worth almost 9.7 trillion rilas, the IME’s…
The newly-formed national union of cooperatives for mines and steel - composed of numerous cooperatives in mining and steel manufacturing sector, plans to find a way to overcome the existing…
The head of the executive board at the Iranian Mines & Mining Industries Development & Renovation (IMIDRO) has denied reports on a recent decision to import Indian crude steel and steel…
The French automaker Renault has fallen short of fulfilling its promise to export Tondar 90 (Logan) spare parts to Iran, causing a decline in the production of the small family car here, ISNA…
Stocks at the Tehran Stock Exchange were knocked hard in the past week, ended December 3, with the TEDPIX wiping out almost 3 percent of its value to record one of its worst weeks within the…
