Tehran Mayor Mohammad Ali Najafi said the municipality owes over 300 trillion rials ($7.69 billion), mostly to banks and contractors.
“The outstanding debt is 1.7 times more than the…
Economy
Economy
Local media reported on Monday that Iran has received two Eurocopter EC-145 emergency choppers.
The two choppers reportedly were delivered at Tehran’s Imam Khomeini International Airport…
Economy
After spending relatively tranquil days in the last week of summer, the greenback is rising again in Tehran’s foreign exchange market, heralding a bullish trend as autumn starts.
Economy
Representatives of Alborz Export Promotion Company met with a delegation from Russia’s Elbin Bank to discuss ways of expanding banking and trade ties.
Economy
A high-ranking trade delegation from the Iranian private sector has travelled to Madrid, Spain, and met with the heads of CESCE, the European nation's export credit agency, to resolve banking…
Economy
Governor of the Central Bank of Iran Valiollah Seif announced that in the first term of President Hassan Rouhani’s presidency, about 30 cases of violations by banks were sent to CBI’s…
Economy
German plastics and rubber machinery association VDMA has voiced its confidence in the Iranian market, as 46 German suppliers attended the Iranplast rubber and plastics show in Tehran this week…
Economy
Iranian and Turkish customs authorities agreed upon eight key issues on Monday.
Agreements reached between the head of Islamic Republic of Iran Customs Administration Foroud Asgari and…
Economy
Iran’s largest flat steel producer Mobarakeh Steel Company ended the first half of the current year (March 21-Sept. 22) with notable growth in sales value and modest upticks in production and…
Economy
The construction of Butia Iranian Steel Company’s 5.2-million-ton iron ore pellet plant in Kerman Province is scheduled to be completed by late November, the head of Majlis Economic Commission…
Economy
Tehran Stock Exchange’s main index gained 111.90 points or 0.13% to end Tuesday trade at 85,628.8.
About 896 million shares valued at $49.94 million changed hands for the day.
…
Economy
The ninth round of International Micro Air Vehicles Conference and Flight Competition was held in Toulouse, France from September 18-21, where teams from Iranian universities made their way to…
Economy
ITU Telecom World 2017 kicked off on Monday in Busan, South Korea, where global ICT leaders meet. Like the previous rounds, telecom companies and senior officials are attending the event during…
Economy
Technology stocks including Facebook, Microsoft and Alphabet dropped sharply on Monday, increasing worries that the top-performing sector is falling out of favor as investors look elsewhere for…
Economy
The University of Tehran is set to hold a three-day startup weekend ‘UT Let’s Start’ from October 11 to 13.
According to the university website, the event will be held at the Faculty of…
Economy
The administration of President Hassan Rouhani is mulling new measures to make home loans more appealing to first-time homebuyers, as it seeks to lift the key housing sector out of the doldrums…
Economy
Head of the Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei will soon attend the next meeting of the Money and Credit Council–a financial decision-making body–to…
Economy
Minister of Economic Affairs and Finance Masoud Karbasian and Governor of the Central Bank of Iran Valiollah Seif have jointly signed a directive regarding bank balance sheets that could finally…
Economy
Tehran Stock Exchange’s main index shed 71.90 points or 0.08% to end Monday trade at 85,516.9.
About 801 million shares valued at $63.078 million changed hands for the day.
…
Economy
The shortcomings of Iran’s Health Reform Plan were not limited to international sanctions and lower crude prices. As it turned out, domestic policymaking also played a big role.
In 2014…
Economy
Iran Zinc Mines Development Company’s subsidiaries produced a total of 8,198 tons of zinc ingots during the sixth month of the current fiscal year (Aug. 23-Sept. 22)–a record monthly high in…
Economy
Iran’s largest steel exporter Khouzestan Steel Company recorded a robust growth in its sales value for the first half of the current fiscal year (March 21-Sept. 22), marking a rise of 51.04% to…
Economy
More than 42,100 tons of lettuce worth over 334.2 billion rials ($10 million) were exported from Iran during the five months to August 22, figures released by the Islamic Republic of Iran…
Economy
The link between mental health and economic productivity is well established.
The World Health Organization released the first-ever comprehensive study in April 2016, which estimated the…
Economy
A 30-member commercial delegation from Iran’s private sector headed by Chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei left Tehran for Madrid, Spain…
Economy
