Iran Airports Company registered 42,230 takeoffs and landings in the first month of the current Iranian year (March 21-April 20), which shows a 10% rise compared with the similar period of the…
Economy
Economy
Trade between Iran and Austria stood at more than €377 million in 2016, indicating a 42.7% increase compared with 2015, Tehran Chamber of Commerce, Industries, Mines and Agriculture reported,…
Economy
The price of billet imports into the UAE increased this week due to high offers from Iran. Iran offered billet to the southern Persian Gulf state at $400-410 per ton CFR. Unconfirmed offers at $…
Economy
One of the biggest criticisms of basic income, a system of giving people modest salaries just for being alive, is that it discourages people from working.
A new report on an ongoing cash-…
Economy
Iranian steel mills produced 6.369 million tons of crude steel in the first four months of 2017, registering a 14.3% growth year-on-year, the latest report released by World Steel Association said…
Economy
As Tehran is hosting the second edition of Germany’s specialized exhibition for machine tools and metalworking sector known as “AMB Iran 2017”, Germany’s public international broadcaster Deutsche…
Economy
Tehran Stock Exchange’s main index gained 26.60 points or 0.03% to end Tuesday trade at 77,001.1.
About 743 million shares valued at $69.2 million changed hands for the day.
Silica…
Economy
It is unlikely that Iran will reduce its crude oil output but will go along with an OPEC decision to extend supply cuts to help boost prices, Oil Minister Bijan Namdar Zanganeh said.
"Iran…
Economy
Chinese automaker Geely Holding has agreed to buy struggling Malaysian manufacturer Proton from DRB-Hicom, beating out rival bidder French PSA Group.
Geely Holding, which controls Geely…
Economy
The Fourth Alborz Motor Show is scheduled for July 4-7 in Karaj, west Tehran, according a press release from the organizers.
The exhibition is supported by the Ministry of Industries,…
Economy
Volkswagen Group and JAC Motor have received approval from Chinese regulators to form a joint venture for electric vehicles, the two automakers said on Monday.
Economy
Iran’s largest auto producer Iran Khodro has launched a new version of its Diesel Tunland off-road pickup truck this week with improved technology, according to the IKCO press website.
…
Economy
Saman Bank, a leading private Iranian lender, Wednesday announced that it has launched a representative office in Rome.
The lender aims to promote investment…
Economy
Bank Maskan has joined the ranks of top international lenders by boosting its capital adequacy ratio significantly, announced the director of the bank's Department of Planning.
Economy
The Central Bank of Iran has called on banks and credit institutions to cease any involvement in investment funds as well as the purchase of any kind of securities and bonds, which the regulator…
Economy
In light of the World Bank Doing Business 2017 report that indicated Iran has slightly regressed in improving its entrepreneurial climate following years of lackluster performance, Majlis Research…
Economy
The Islamic Republic of Iran Customs Administration has operationalized the pre-arrival value declaration system for imports.
The new regulation requires traders to supply customs…
Economy
About $164 million worth of hand-woven carpets were exported from Iran’s East Azarbaijan Province in the last Iranian year (ended March 20, 2017).
“With sanctions gone, we’re aiming to…
Economy
The goods and services Consumer Price Index for urban areas increased 7.1% in the 12-month period ending May 21, which marks the end of the Iranian month of Ordibehesht, compared with last year’s…
Economy
Following President Hassan Rouhani’s reelection this weekend, most people believe that Iran’s economy will be in a better position and the country open for international business, reads a…
Economy
Iran Agrofood 2017 opened at the Tehran International Fairground on Tuesday with the participation of about 1,500 companies from Iran and foreign countries.
Economy
The second edition of Germany’s specialized exhibition for machine tools and metalworking sector known as “AMB Iran 2017” opened in Shahr-e-Aftab (Sun City) Complex in southern Tehran on…
Economy
Indian Prime Minister Narendra Modi said Kandla Port in Gujarat will soon be connected with Iran’s Chabahar Port, which will give a boost to India’s international trade and place the Indian port…
Economy
Iran's Domestic tea production has registered a 73% increase so far this year (started March 21, 2017), compared with the corresponding period of last year, leading to a 12% decline in imports.…
Economy
The UAE was Iran’s second biggest export destination, following China, in the last Iranian year (ended March 20, 2017), accounting for 17% of all Iranian exports.
Economy
