Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
February 24, 2020 21:08
-
November 07,2020Chabahar Port’s vast potentials and plans will set the platform for growth and development in five years, said Abdolrahim Kordi, the director of Chabahar Free Zone Organization, in a write-up for... -
November 07,2020The Central Bank of Iran condemned a Bahraini court verdict convicting Iranian banks for alleged money laundering saying that it "lacks legal basis". -
November 07,2020The National Iranian Copper Industries Company carried out more than 51,000 meters of deep explorations in copper ore mines in the first seven months of the current Iranian year (March 20-Oct. 21... -
November 07,2020Iran’s automotive output increased by 13% during the first seven months of the current Iranian year (March 20-Oct. 21) compared with the year-ago period. According to data released by Securities... -
November 07,2020A total of 131,000 tons of unprocessed edible oil have been recently imported via Imam Khomeini Port located in the southern Khuzestan Province, Omid Jahan-Nejadian, an official with the Government... -
November 07,2020More than 4,000 trucks passed through Mahiroud border crossing located along the Iran-Afghanistan border during the first seven months of the current fiscal year (March 20-Oct. 22), says a local... -
November 07,2020The rial erased earlier losses in Tehran on Saturday as the dollar dipped and panic selling continued. -
November 07,2020Downturn in the currency market extended to share prices in Tehran, particularly those of export-oriented companies. The main index of Tehran Stock Exchange, TEDPIX, lost 27,684, shedding 27,864... -
November 06,2020Iran’s non-oil trade reached $4.54 billion with members of the Economic Cooperation Organization, namely Turkey, Afghanistan, Pakistan, Azerbaijan, Turkmenistan, Kazakhstan, Uzbekistan, Tajikistan... -
November 06,2020With an investment of 12,000 billion rials ($41 million), the 628-kilometer railroad project connecting the southeastern port city of Chabahar to the eastern city of Zahedan near the border with... -
November 06,2020Privatization of Tehran's two top football clubs, Esteghlal and Persepolis, will be finalized by the end of December, the Minister of Sports and Youth Affairs Masoud Soltanifar was quoted as saying... -
November 06,2020The Consumer Price Index of "hotels and restaurants" stood at 236 in the seventh Iranian calendar month (Sept. 22-Oct. 21), indicating a 4% growth compared with the month before – the lowest among... -
November 06,2020The “Rabi 17 Headquarters” has been formed following the order of the Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei to control prices and fight price gouging with the help of Basij... -
November 06,2020The National Iranian Copper Industries Company and its subsidiaries, including Sungun Complex, Miduk Complex and Sarcheshmeh Copper Complex, produced a record high of 706,789 tons of copper... -
November 06,2020Iran's import of aluminum sheets, plates and strips during 2018-19 reached 8,898 tons worth $14.44 million and is expected to reach 6,241 tons worth $12.26 million in 2020. However, when the... -
November 06,2020Iran’s Communications Regulatory Authority has recently released a report on the infrastructure and services related to information and communication technologies in the country during the second... -
November 06,2020Data released by the Central Bank of Iran indicate that bonds worth a total of 1,021.5 trillion rials ($3.8 billion) were sold during the first six months of current fiscal year. Bond sale grew... -
November 06,2020Foreign exchange rates plunged in Iran’s currency market on Thursday amid nervousness over the fate of the US presidential election. Panic-selling was reported as initial results of the ... -
November 04,2020The Purchasing Managers' Index for the housing sector in the seventh month of the current fiscal year (Sept. 22-Oct. 21) settled at 53.13 from 50.54 in the preceding month (Aug. 22-Sept. 21). ... -
November 04,2020Iran’s trade with Turkey stood at $2.28 billion during the first three quarters of 2020 (January-September) to register a decrease of 59.76% compared with the corresponding period of 2019, latest... -
November 04,2020Currencies traded choppily in Tehran’s market on Wednesday, before ending lower and gold prices market soared. Like other financial markets around the globe, Iran’s forex market was also... -
November 04,2020Tehran’s stock market picked up on Wednesday on relative optimism among investors as they approached the shares of export-oriented companies, mostly commodity stocks. Increase in demand for the “... -
November 04,2020The Central Insurance company of Iran, the body in charge of regulating the industry, announced that four new insurance companies will open soon "Investors are interested in starting insurance... -
November 04,2020The Statistical Center of Iran has released a new report, reviewing price changes in 53 food items during the month ending Oct. 21. The biggest month-on-month price rise for a food item during... -
November 04,2020With money supply expanding at tremendous speed the growth of sight deposits in banks far outpaced term deposits in the first six months of current fiscal year (March 20- Sept.21) This reflects...
