Iran is to earmark $2.8 billion for the expansion of the main air terminal, Imam Khomeini International Airport in Tehran. Companies from France, China and Malaysia have announced their readiness…
Economy
<p>
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.</p>
Establishing a quality assurance fund for building constructions will be in favor of both housing applicants and construction beneficiaries, according to the head of Tehran Mass Builders…
A conference on banks and information technology firms will kick off on October 19 in Tehran, the CEO of Bank Tejarat, Mohammad Ebrahim Moghadam told IRNA on Saturday.
A specialized seminar on marketing of financial services and instruments will be held on October 30 at the IRIB International Conference Center, MNA reported.
Indian refiners are to pay $500 million to Iran next week, the second installment in an interim deal that allows Tehran to recover part of overseas frozen oil revenues that are payments for oil it…
Iron ore supply during the first two quarters of the current Iranian year, which ended Sep. 22, grew 2 percent compared to the same period last year, the Iranian Mines and Mining Industries…
The deputy minister of industry, mine and trade on Friday called for closer interaction and cooperation between the Organization of Small Industries and Industrial Parks with the State…
The biggest challenge the copper industry faces is implementing its development plans in time. During the past few years numerous plans were approved by the previous government, but they are…
The labor ministry seeks to reduce unemployment rate and is, therefore, planning to send Iranian youth and educated labor force to other countries under a special transfer system, deputy labor…
The mining sector’s share in the Gross National Product (GNP) is one percent, but the figure could increase to 3%, the minister of industry, mine and trade Mohammadreza Nematzadeh said. “The…
An official from the Export Guarantee Fund of Iran has sounded the alarm over a rising risk of export concentration, saying the limited number of export destinations could impact the national…
Despite its large swaths of unfertile land and desert, Iran is a large and proud producer of wheat. This looks set to change, however, as regional politics and a national water crisis drive the…
In its latest meeting, the cabinet ratified its 7-section plan aimed at stimulating growth in the housing sector, renovating dilapidated urban structures, and providing newly-wed young couples…
Iran’s non-oil exports reached 23 billion dollars in the first six months of the current Iranian year (March 21-September 22), deputy industry minister said Saturday, adding that the balance of…
The German ambassador to Tehran says European companies are waiting for a comprehensive deal between Tehran and the P5+1 group of world powers to rush for investment in the Iranian…
The Organization for Economic Cooperation and Development (OECD) published a report back in July showing that Iran was one of the several countries which scored highest on its export credits risk…
A typical Iranian household would be able to buy a house after 36 years if it saved up to one thirds of its annual income in 2012/13, Tasnim news agency said. According to the report, if an…
Iran marks the National Export Day on October 19 in Tehran Summit Conference Hall, according to the public relation office of the Trade Promotion Organization (TPO). President Hassan Rouhani,…
A Hague-based Permanent Court of Arbitration has turned down a claim by Turkish mobile phone operator Turkcell against Iran.
“The lawsuit filed by Turkcell against the Islamic Republic of…
At a politically sensitive moment when world powers and Iran try to reach a comprehensive deal over Tehran’s nuclear energy program before a November 24 deadline, London hosted an unprecedented…
The stocks at the Tehran stock Exchange (TSE) rose briefly in the past week (ending October 15) as the TEDPIX was up by a 0.27 percent to keep posting brief weekly gains in the past few weeks.…
Iran produced 225,000 tons of steel alloys in the first half of the current Iranian year registering 17 percent growth compared to the same period last year, according to a report from the Iranian…
The number of commercial aircraft using Iranian airspace has doubled in the last year, mainly due to the insecurity in Iraq and Ukraine, an official with the Iranian Airports Company said…
As the first historic Iran-European Forum on future trade opportunities came to a close on Thursday in London's Marriott Grosvenor Park Hotel, business leaders and entrepreneurs at the event left…
The government plans to classify the domestic industries for receiving the $450 million subsidy package allocated to the manufacturing sector, Mohammadreza Nematzadeh, minister of industry, mine…