The Islamic Republic of Iran and the Republic of Ireland have discussed a joint venture to build petrochemical facilities and refineries, said Iranian lawmaker Jalil Jafari, who is also a member…
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>
Stocks at the Tehran Stock Exchange rose on Monday, with the TEDPIX rebounding after posting big losses last week, though stocks are still far from recovering from huge losses recorded in the past…
Mumbai-based pharmaceutical company Cipla has announced that it has signed a new contract with its existing distributor to produce generic drugs in Iran. The Indian firm’s investment of $37…
Liquidity increased to 6,407 trillion rials ($240 billion) in the month of Mordad (ending August 22) from 5,947 trillion rials at the end of last fiscal year (ending March 20), showing a 7.7…
As we continue our series on different free zones around Iran, in this latest installment we will discuss the prospects of Bandar Anzali Trade-Industrial Free Zone located on the northwestern…
The region’s first bulletproof glass factory opened in Iran’s central city of Ardakan, Yazd.
HM Treasury, Britain's economic and finance ministry which maintains control over public spending and set the direction of the country's economic policy, has lifted financial sanctions against…
The Government Trading Corporation of Iran (GTC) has been officially merges with the agriculture ministry, reported Tasnim news agency. The annexation is based on the cabinet’s approval. The GTC…
The Customs Administration has eliminated the export tariff for livestock, reported ISNA. The tariff was formerly 60% of the livestock value, and it last stood at 3.2 million rials ($120) for…
Water quality will be instantly monitored through a comprehensive water quality control system, Kooshyar Azam-Vaghefi, director of water and wastewater supervision department at the National Water…
The High Labor Council is working on a proposal based on which the minimum wage for workers would rise slightly for the second time in a year, a top advisor to Representatives Assembly of Iranian…
Iranian workers have decided to ask the parliament to oblige their employers to deposit wages and benefits into their bank accounts after the Supreme Labor Council and the ministry of cooperatives…
The Tehran Stock Exchange stabilized relatively as the TEDPIX inched out of its downtrend within the past week.
The market’s main indices were mostly in the green as the stock market’s…
Trade of scrap metal will start on October 7 on the Iran Mercantile Exchange, after Iran Railways Company offered 500 tons of scrap metal to the market.
Iran is increasing steel exports and courting foreign investors in an ambitious bid to quadruple steel output exports in a decade to negate the effect of western sanctions and replace at least a…
The managing director of Lamer Cement Company says it would be a prelude to liberalization of cement prices if the product enters Iran Mercantile Exchange. Ebrahim Gholamzadeh, head of Lamer…
The administration has reacted to the criticisms raised following the Central Bank of Iran’s announcement of 4.6 percent economic growth for the first quarter of the current Iranian calendar year…
With US-Iranian nuclear negotiations reaching their deadline this November, businesses around the world are waiting in nervous anticipation to re-engage with one of the world’s largest economies,…
The government has no plan to reduce banking interest rates in the near future. Ali Tayebnia, the minister of economy, and Valiollah Seif, the governor of the central bank, have rejected the idea…
Over 120 exhibitors from Iran and other countries will participate at the first international exhibition of exchanges, banks, Insurance, capital market and privatization (EBEX 2014) on Kish Island…
The Iran Mercantile Exchange (IME) has said petroleum products and petrochemicals trades during the first six months of the Iranian calendar (March 21-September 22) witnessed increases both in…
A new supply of liquidity into the equity market, along with the increased interest of funds in buying shares, has led to 91.9 percent surge in TSE’s weekly trade volume, SENA reported.
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The government has pledged to earmark fresh funding for small and medium enterprises, deputy minister of industry, mines and trade said Friday. “We hope that we can help reactivate those small…
A lawmaker said the ministry of roads and urban development is planning to use Chinese finance for several railway projects. Ebrahim Karkhaneh said one of the national projects which uses Chinese…
Iran’s import from the US increased 40% in the sixth month of the Iranian calendar (August 23-September 22), reported ISNA. Based on statistics, 2,297 tons of American goods worth $14.52 million…
