Efficient economic management has neutralized the impact of the Western-led sanctions against Iran, Minister of Economic Affairs and Finance, Ali Tayebnia told China’s CCTV on the sidelines of the…
Economy
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Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.</p>
A deputy agriculture minister has announced the allocation of 13,000 billion rials ($487 million) for implementation of modern irrigation systems.
The new funding plan targets around 200,…
Business operation licenses of 60 travel agencies have been suspended or revoked since May 2014, according a senior official. Out of 2,500 active travel agencies in Iran, 300 have been inspected…
Smuggling and high level of imports has undermined domestic production of home appliances, the head of home appliances manufacturers union, Mohammadreza Dayani told ILNA. “The government…
After a 21-day voyage from the Russian port of Astrakhan, the 5,000-ton Russian cargo ship - Pyotr Strelkov - berthed at Astara port, in northern Gilan Province, the head of Ports and Maritime…
The fourth seminar on ‘Economic Education and Research in Iran’ was held at Allameh Tabataba’i University, on Tuesday. In the presence of prominent professors in different economic fields…
The third installment of Iran’s blocked assets will be received until Thursday, the Central Bank Governor Valiollah Seif announced Wednesday. “The forth installment is also going to be received…
Despite recent increase in global gold price, some experts in Tehran believe it is unlikely for Iranians to shift back towards investing on the yellow metal as they did a few years ago, simply…
A key business conference kicked off in London on Wednesday, focusing on the opportunities available in the Iranian market, while nuclear negotiations between Iran and the P5+1, the five permanent…
In its first ever Iran European Forum on investment opportunities in Iran, speakers at the event have been making strikingly different assumptions about the ease of investing in the country.
The government has increased the amount of mortgage loans provided by commercial banks for young couples, while it has reduced the mortgage interest rate as well, a senior official announced on…
Stocks notched modest gains on the week’s last trading day on Wednesday, as main market indices drifted slightly higher initially to help the TEDPIX hit 72,000, though it fell again but managed to…
Over 217,000 tons of bitumen of various grades and sulfur were to be offered on the export trading floor of the Iran Mercantile Exchange on Wednesday, the IME’s international affairs and public…
The Securities and Exchange Organization is contemplating medium and long run plans to reinvigorate the brokerage industry, head of SEO Ali Salehabadi said in a joint meeting with the members of…
Iran became self-sufficient in steel production in 2009 and a year earlier, it produced 7.5 million tons of direct reduced iron (DRI). The country accounts for 13% of global DRI production and 41…
The administration has banned the import of rice and sugar in a bid to support Iranian producers and control supply and demand, an official in Iran Chamber of Commerce, Industries, Mines and…
Iran on Wednesday rejected a report by the Food and Agriculture Organization (FAO) on the country's reduced grain production in the farming year which ended September 30, 2014.
Iran and Vietnam have signed memorandums of understanding on expansion of economic cooperation, IRNA reported on Wednesday.
In his visit to Tehran, the Vietnamese Deputy Prime Minister,…
The Export Development Bank has allocated $300 million to boost Iran’s exports to Iraq, Head of Iran-Iraq joint chamber of commerce, Jahanbakhsh Sanjabi Shirazi, said in a seminar dubbed ‘…
During the past two years, reciprocal visits by Iranian and Russian officials and regional consultations have increased in a bid to expand bilateral relations. However, the economic cooperation…
The intelligence minister says his ministry has plans to increase economic security for both Iranian and foreign investors. Mahmoud Alavi said those who start a production company should not…
A member of coordination council at Iran Automobile Parts Manufacturer Association (IAPMA) told ILNA on Tuesday that the high amount of cheap car parts imported from China has left no hope for…
The Turkish government has decided to increase border crossing fees for Iranian trucks after 20 years, triggering a debate with Iranian officials.
Top officials from the Iranian capital market are set to officially launch the long-awaited pilot post-trade portal on October 26.
“The portal has been developed based on lessons learnt…
The value of transactions conducted via electronic banking services in the past six months was 4,261 trillion rials ($160 billion), said a board member of Pasargad Bank on Sunday. The figure is 15…
