More than 1.85 million passengers were transported via railroads in Iran during the Iranian New Year holidays, known as Norouz, from March 16 to April 4.
“The figure indicates a 10…
Economy
Economy
Iran traded 2.26 million tons of non-oil goods worth $1.17 billion with Pakistan during the 11 months to Feb. 19, registering a 13.52% and 5.45% growth in value and tonnage respectively compared…
Economy
The Iran National Tax Administration earned about 580 trillion rials ($11.6 billion) from value added tax in the last fiscal year (ended March 20, 2018), registering a 20% rise compared with the…
Economy
Iranian Foreign Minister Mohammad Javad Zarif has expressed the country’s readiness to export medical services to Azerbaijan’s autonomous republic of Nakhchivan.
Economy
Iran, India and Russia have resumed talks on activating the International North-South Transport Corridor that will cut freight time to Europe by half and bring down cost for the benefit of east…
Economy
Ahead of the publication of the latest regulatory framework by the Central Bank of Iran for fintechs operating electronic wallets and account management facilities, the regulators’ deputy for…
Economy
Iran has been experiencing volatility in its foreign exchange and gold markets in the past few months, but the minister of economic affairs and finance has vowed that this is only temporary and…
Economy
With the US dollar's exchange rate remaining above the psychological threshold of 50,000 rials in Tehran's market, lawmakers frustrated with the performance of the Central Bank of Iran in…
Economy
The Central Bank of Iran has released new details about its decision to impose forex exchange controls on imports from Turkey, China, South Korea and India.
Economy
Iran’s largest carmaker Iran Khodro and Belarusian firm Unison have forged a deal under which two sedan models, namely Dena and Dena+, are to be manufactured in Minsk.
“IKCO and Unison…
Economy
Major Iranian automotive companies have participated in Automechanika Istanbul 2018, a world-renowned automobile aftermarket held at Tuyap Convention and Congress Center in Istanbul, Turkey,…
Economy
The Trump administration is considering ways to require imported automobiles to meet stricter environmental standards to protect US carmakers, according to two sources familiar with the…
Economy
The Central Bank of Iran announced that its finance deal with Austria's Oberbank has not been halted after a report suggesting otherwise emerged in the past few days.
Economy
Institute for Trade Studies and Research, the think tank of the Ministry of Industries, Mining and Trade, concluded in a recent report that longstanding policies practiced by consecutive…
Economy
The Central Bank of Iran is to resume its auction and presale of gold coins as of Saturday. According to IBENA, a news website affiliated with the regulator, CBI had launched the two schemes…
Economy
Iran is yet to fully regain its status in the global banking industry following the implementation of the 2015 nuclear deal that provided sanctions relief, and in case of Sweden, it hopes that…
Economy
Iranian exporters of semi-finished steel products returned to the market after the Iranian New Year holidays late last month with price reductions that followed the trend in the wider global…
Economy
Close to $2 billion worth of nuts and dried fruit were exported from Iran in the last Iranian year (March 2017-18), registering a 9% decrease compared with the corresponding period of the year…
Economy
The government has finally dialed down import duties on various types of flat steel, despite objections by producers and even government bodies such as Iranian Mines and Mining Industries…
Economy
Mohammed bin Ahmed bin Towar Al Kuwari, vice chairman of Qatar Chamber of Commerce and Industry, met with members of a visiting trade delegation from Iran on Thursday.
Economy
Iranian exporters of semi-finished steel products returned to the market after the Iranian New Year holidays late last month with price reductions that followed the trend in the wider global…
Economy
In latest fishing season (Oct. 12, 2017-April 4), output in the northern Mazandaran Province bordering the Caspian Sea amounted to around 2,400 tons, showing an 11% increase compared with the…
Economy
Italy, with more than $1.56 million, was the biggest exporter of sunglasses to Iran during the 11 months to Feb. 19. Based on the latest data released by the Islamic Republic of Iran Customs…
Economy
At the end of March, Iranian President Hassan Rouhani traveled to Azerbaijan to mark the opening of bilateral segments of the International North-South Transport Corridor.
Economy
Iran is keen to take advantage of the new dispensation in Zimbabwe led by President Emmerson Mnangagwa to deepen bilateral relations aimed at promoting investment, a top diplomat has said.
Economy
