The initiative to reform the country’s banking system is in its final stage with financial stability being at the core of the measures, the vice governor of the Central Bank of Iran said.
Economy
Economy
Tehran Stock Exchange’s main index gained 1,242.97 points or 1.14% on Monday to end trading at 109,937.1.
About 951 million shares valued at $67.45 million changed hands at TSE for the…
Economy
Iran Privatization Organization has sold 1.02 trillion rials ($24.4 million) worth of state-owned assets via tenders so far this fiscal year (started March 21).
Economy
Gold deposits discovered in Iranian mineral zones have added 40 tons to the country’s reserves, deputy minister of industries, mining and trade said on Monday.
Economy
The average price to earnings ratio of Tehran Stock Exchange-listed companies stood at 6.64 for the first quarter of the current fiscal year (March 21-June 21).
The ratio has grown 3.1%…
Economy
Aziz Ahmad is one of the unlikely winners of the standoff between the United States and Iran, turning his modest transport service into an international foreign exchange operation that is…
Economy
The White House will strictly enforce the upcoming secondary sanctions on companies that do business with Iran, US President Donald Trump reaffirmed on Sunday.
Trump announced on May 8…
Economy
Foreign investment in Tehran Province is set to double in the current fiscal year (March 2018-19) compared with last year’s $1 billion, the head of Tehran Province Management and Planning…
Economy
About 490,000 tons of goods valued at $294 million were exported from Kurdestan Province’s customs terminals during the first quarter of the current Iranian year (March-June) to register a 68%…
Economy
A center dedicated to promoting the marketing and export of Iranian products and services will be launched in the Iraqi capital city of Baghdad on July 15, Iran’s commercial attaché to Iraq said…
Economy
Tesla Inc nearly produced 5,000 Model 3 electric sedans in the last week of its second quarter, with the final car rolling off the assembly line on Sunday morning, several hours after the…
Economy
With the government banning auto imports in late June, distributors of such vehicles have announced that they will continue to offer after-sales services to customers for the next ten years.
Economy
The Organization for Economic Cooperation and Development (OECD) downgraded Iran's rating in the country risk classifications of the Participants to the Arrangement on Officially Supported…
Economy
There has been a substantial growth in the value of coverage provided by Mining Investment Insurance Corporation to investors in the mining sector in the previous Iranian year (ended March 20,…
Economy
The Central Bank of Iran on Sunday published the full list of companies that have received foreign exchange for imports at the preferential rate of 42,000 rials.
Economy
Iran's First Vice President Es'haq Jahangiri has sent a directive to all ministries and other related entities, which requires exports to significantly accelerate the process of repatriating…
Economy
Iran now has about four months to pass legal measures through parliament to would address shortcomings vis-à-vis the Financial Action Task Force’s action plan for the country, but reformists are…
Economy
Tehran Stock Exchange’s main index lost 2,834.12 points or 2.54% on Sunday to end trading at 108,694.1.
About 1.56 billion shares valued at $93.97 million changed hands at TSE for the…
Economy
Iranian Mines and Mining Industries Development and Renovation Organization inaugurated 23 mineral projects worth $2.3 billion in collaboration with the private sector last fiscal year (March…
Economy
Given the key parameters of Iranian economy, inflation rates of above 20% are not improbable for the current fiscal year (March 2018-19), Iranian economist and university lecturer, Vahid Shaqaqi…
Economy
Shiraz International Airport saw a 12% rise in the number of flights during the first three months of the current Iranian year (March 21-June 21) compared with last year’s corresponding period…
Economy
More than 2,000 tons of LED lamps worth $19 million were imported into Iran during the last fiscal year (March 2017-18), figures released by the Islamic Republic of Iran Customs Administration…
Economy
A memorandum of understanding for cooperation in sea cage fish farming was signed between the Department of Environment’s deputy for marine environment affairs, Parvin Farshchi, and the head of…
Economy
Khorramshahr Chamber of Commerce plans to send two delegations of local businesspeople, one to Russia and another to Georgia later this year, Hani Feisali, chairman of the chamber, said.
Economy
A 110-member economic delegation from Iran’s private sector, led by Chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei, is accompanying President Hassan…
Economy
