Forty preliminary deals were signed between investors, 14 of them foreign, and North Khorasan Province officials in Bojnourd, the capital of the northeastern province, on July 2 and 3.
Economy
Economy
Qazvin Municipality has signed a memorandum of understanding with China’s Norinco International Corporation for the construction of tramway tracks in the Iranian city.
Economy
Iran Tire Industry Association and its members have received the required permits to increase the prices of locally made tires by 9.6%.
Economy
Overnight changes in the government’s automotive policies have hindered the business of wreck yards, forcing many to close their centers and fire employees. A case in point is the restrictive…
Economy
CEO of Bank Melli Iran, Mohammad Reza Hosseinzadeh, said the US pullout from the 2015 Iran nuclear deal has failed to undermine the bank’s overseas operations. “The US withdrawal from JCPOA will…
Economy
Tehran will soon benefit from the government’s plan to revitalize urban areas as a significant portion of its 22 districts comprise distressed urban areas, the head of Tehran Management and…
Economy
As markets await the official launch of the "secondary foreign exchange market" in the bourse, officials and merchants alike hope that the measure will provide some respite to the market where…
Economy
Tehran Stock Exchange’s main index gained 2,409.37 points or 2.19% on Tuesday to end trading at 112,346.5.
About 1.47 billion shares valued at $95.12 million changed hands at TSE for the…
Economy
A special committee has been established to accelerate medicine import to Iraq and circumvent international procedures for the registry of pharmaceutical products.
Economy
The average goods and services Consumer Price Index in the 12-month period ending June 21, which marks the end of the Iranian month of Khordad, increased by 11.1% compared with last year’s…
Economy
Day Bank returned to trading after a two-year hiatus on Monday, as its shares lost half of their value in a single day.
“BDYZ”’s opening price dropped 50% to about 700 rials from its…
Economy
The Fifth International Exhibition of Stationery & Engineering, also known as Iran Penex 2018, opened at Shahr-e-Aftab (Sun City) Exhibition Complex in south Tehran on Tuesday. The…
Economy
The project to electrify a railroad connecting the Iranian city of Garmsar in Semnan Province with Inche Borun near the border with Turkmenistan will double the maximum speed on the link, while…
Economy
ATR has applied for a new export license from the US Treasury Department’s Office of Foreign Assets Control to allow it to deliver the final 12 ATR 72s of an order for 20 of the 70-seat…
Economy
Iran exported 700,000 tons of apples in the past crop year (July 2017-18), which is more than twice the volume of exports in the preceding crop year.
Economy
More than 63 tons of ornamental fish worth more than $1.8 million were imported into Iran from four countries in the last Iranian year (March 2017-18), based on figures released by the Islamic…
Economy
Around 6.7 million passengers were transported by urban and suburban railroads during the first three months of the current Iranian year (March 21-June 21), registering a 15% increase compared…
Economy
Tabriz, the capital city of East Azerbaijan Province in northwestern Iran, is currently hosting two exhibitions, Tabriz 2018 Handicrafts Exhibition and the 19th Agricultural Machinery and…
Economy
According a recent report by the Statistical Center of Iran, a total of 6.6% of sports venues in the country were owned by the private sector in the fiscal 2015-16, marking an increase of 1.9%…
Economy
Syria and Iran have inked a memorandum of understanding for cooperation in the field of higher education and medical research.
The MoU was signed in Tehran on Tuesday by Syrian Minister…
Economy
In the current Iranian year which started in March, Iranian financial institutions have set aside about 50 trillion rials ($1.19 billion) to be invested in knowledge-based firms.
Economy
Determined to expand its already extensive fields of business, the giant e-retailer Digikala is reportedly planning to buy out Rocoland, an online supermarket based in Tehran. Digikala…
Economy
Prospective homebuyers who tap into the homeownership initiative launched by Bank Maskan, the agent bank of the housing sector, will soon have the option of making a pre-purchase, the chief…
Economy
A total of 38,101 deals worth more than 64.05 quadrillion rials ($1.51 trillion) were conducted in Iran's interbank market during the previous fiscal year that ended on March 20, 2018, the…
Economy
Candidates attending international exams are eligible to apply for foreign currency at the official rate, the Central Bank of Iran said in a letter to the National Organization of Educational…
Economy
