The world’s largest container shipping company Maersk Line has resumed calls to Iran after a five-year hiatus and hopes that access to a new, rapidly growing market will help it through the…
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
Economy
There has been a buzz in smartphone-based virtual reality headsets recently, but are Iran’s technology conscious consumers listening?
Some estimates put the VR industry as the next “great…
Economy
Minister of Communications and Information Technology Mahmoud Vaezi addressed the recent confusion caused by Iranian operators over the mobile number portability scheme.
In an interview on…
Economy
Iran and South Korea have agreed to expand scientific cooperation, a deputy science minister of Iran said.Hossein Salar Amoli made the statement in a meeting with President of the Korean National…
Economy
Mobile Telecommunications Company of Iran (locally known as Hamrahe Aval) and Informatics Services Corporation–affiliated to the Central Bank of Iran–announced a partnership on Monday to…
Economy
The Central Bank of Iran in a statement has assured that its unpublished balance sheets will finally be made public soon adding that the delay in its release has nothing to do with the government'…
Economy
In order to diversify banks’ revenues and increase their non-interest revenue, the Central Bank of Iran has proceeded to increase bank charges, said the director of Central Bank of Iran’s…
Economy
The international Monetary Fund’s latest “Regional Outlook" for the Middle East and Central Asia projects the growth of Iran’s broad money at 12.5% and 10.2% in 2016 and 2017 respectively ,…
Economy
An under-construction 35,000-ton wharf on Kish Island will become operational by October 2017, says managing director of Kish Free Zone, Ali Asghar Mounesan, “allowing ocean-going vessels to…
Economy
Nine South Korean cosmetics firms are participating in an exhibition held at Esteghlal International Hotel in Tehran.
Participants are seeking to expand sales in the Middle East through…
Economy
Smuggling will see a sharp decline and reach $6 billion by the end of the current Iranian year (March 20, 2017).
Economy
Some 1.4 million tons of non-oil goods worth $551.7 million were exported to Japan during the first half of the current Iranian year (started March 20). The export value for last year’s…
Economy
The door-to-door phase of the eighth round of the National Population and Housing Census began on Wednesday. This is while the online registration phase has also been extended until October 21 due…
Economy
Iranian steel mills produced 13.09 million tons of crude steel during the nine months of 2016, registering a 7% growth compared with last year’s corresponding period, according to a preliminary…
Economy
Luxembourg-based multinational steel manufacturing corporation ArcelorMittal plans to increase steel products shipments from its Kazakhstan mill to Iran by around 56% by 2020, Metal Bulletin—a…
Economy
Tehran Stock Exchange’s main index gained 242 points or 0.31% to end Wednesday trade at 78,091.5.
More than 1 billion shares valued at $60.8 million changed hands for the day.
Rayan…
Economy
Nissan Motor Co., aiming to work with companies from Silicon Valley and emerge a leader in next-generation mobility, is forming a 300-person in-house startup division with French partner Renault…
Economy
Iran’s largest auto manufacturer, Iran Khodro Company (IKCO), exported 300 Dena models to Algeria last month.
The shipment follows a previous report about IKCO signing a contract with an…
Economy
The price of the much-delayed DongFeng C30 Cross, produced by Iran Khodro, has been announced and some car buyers are going to be in for a shock. The crossover was initially determined to arrive…
Economy
As Iranian banks struggle to improve their capital adequacy ratio and conform to international standards, the deputy director of the Money and Capital Market Commission in Tehran Chamber of…
Economy
Foreign exchange rates are real in the market and are rising at a slow pace, says Valiollah Seif, governor of the central bank following the recent swings in the foreign exchange market.…
Economy
In a letter to President Hassan Rouhani, the governor of the Central Bank of Iran has formally asked for the government to repay its debt to the CBI. Valiollah Seif reportedly made the request in…
Economy
The third United Nations Conference on Housing and Sustainable Urban Development, known as Habitat III opened on Monday with more than 45,000 mayors, ministers, policymakers, and urban planners in…
Economy
Managing Director of Ports and Maritime Organization of Iran Mohammad Saeed-Nejad said the government earns $16-17 billion from marine industry every year. “Latest figures show the marine economy…
Economy
Esfahan Steel Company has launched its long-delayed rail manufacturing line, as many criticize the government for the import of rail tracks over perceived damage to the fledgling homegrown…
Economy
