Iran exported 536,549 tons of watermelons worth $98.97 million during the first four months of the current fiscal year (March 21-July 22),the Islamic Republic of Iran Customs Administration’s…
Economy
Economy
People and the Iranian Red Crescent Society donated a total of 4,000 billion rials ($90.9 million) to the quake-hit Kermanshah, the provincial governor of the western Iranian province said.…
Economy
Iran’s largest holding, Social Security Investment Company has announced plans for privatizing its subsidiaries.
SSIC, also known by its Persian acronym Shasta, says it will sell a 16%…
Economy
The Ministry of Industries, Mining and Trade issued 4,653 industrial establishment permits during the first three months of the current fiscal year (March 21-June 21), registering an increase of…
Economy
About 3,144 tons of cardboard worth $6.36 million were imported into Iran from 17 countries during the last Iranian year (March 2017-18), based on figures released by the Islamic Republic of…
Economy
Iran traded 10,231 tons of non-oil commodities worth $6.93 billion with China during the first four months of the current fiscal year (March 21-July 22), registering an 11.61% decrease in…
Economy
Online retail giant Amazon.com Inc, whose entry into Australia last year rattled established bricks-and-mortar retailers, posted a modest loss in its earliest days in the country, corporate…
Economy
As expected, the first major test flights for Boeing and SpaceX’s new passenger spacecraft have been delayed again. Following an engine test mishap, Boeing’s CST-100 Starliner will likely…
Economy
The export of all kinds of refined vegetable oils has been banned since July 31.
This was announced by Industries Minister Mohammad Shariatmadari in a directive sent to the Iranian…
Economy
The fear of raw material shortage has led producers of home appliances to scale down their output, the head of Iran’s Home Appliances Association said.
Mohammad Tahanpour was elaborating…
Economy
India’s first consignment of pulses to be sent to Afghanistan arrived at Iran’s southeastern port of Chabahar on Wednesday, the news outlet of the Ministry of Roads and Urban Development…
Economy
Iran traded 248,036 tons of non-oil commodities worth $105.96 million with Egypt during the first three months of the current fiscal year (March 21-June 21), registering a 72.03% and 140.73%…
Economy
Photos of at least six brand new ATR 72-600 turboprops made for Iran in the vicinity of Toulouse-Blagnac Airport have surfaced on aviation media outlets in recent days, raising hopes for the…
Economy
Tehran Stock Exchange’s main index gained 2,777.76 points or 2.29% on Wednesday to end trading at 123,951.3.
About 2.13 billion shares valued at $171.87 million changed hands at TSE for…
Economy
Tehran Stock Exchange saw 55,000 trading codes issued for new investors during the first four months of the current fiscal year (March 21-July 22), TSE’s managing director said. “The number of…
Economy
A major Indian producer of beauty products Emami Group is set to enter Iran and scout for partners to begin operations at a time when the country may come under stress on account of impending US…
Economy
As markets await the government’s new foreign exchange plan to combat the intense volatility, speculation about the contents of the package abounds.
Mohammad Reza Pour-Ebrahimi,…
Economy
A new report by Tehran Chamber of Commerce, Industries, Mines and Agriculture highlights the fact that Iran’s banks and credit institutions have too many branches compared to both international…
Economy
Iran’s payment industry is beset by unhealthy competition between payment service providers and the fallout of a volatile foreign currency market, the managing director of Fanava Card Company…
Economy
Iran Development Bank will be established in the foreseeable future to meet the country's production and manufacturing needs and foster job creation and thwart the fallout of the reimposition of…
Economy
Striving to improve the quality of urban life, as well as realizing the dream of turning Tehran into a smart city, a new startup has launched a dockless bike-sharing system that facilitates…
Economy
German carmaker Volkswagen posted a forecast-beating 23% rise in underlying quarterly operating profit on Wednesday, even as difficulties conforming to new anti-pollution rules cloud the sales…
Economy
The economic research arm of the Ministry of Economic Affairs and Finance has published a detailed analysis of taxation in housing sector, calling for levying capital gain tax to control the…
Economy
Iran's sovereign wealth fund entrusted $15 billion in foreign currency resources to state-run and private banks in the first four months of the current fiscal year (March 21-July 22).
Economy
International credit cards have found their way to one of Iran’s free trade zones, offering a credit of up to $100,000 to Iranian businessmen, an official with the Kish Free Trade Zone…
Economy
