The Central Bank of Iran eventually gave its approval to boost the ceiling of mortgage loans to 800 million rials ($24,000 at market rate) from 450 million rials ($14,000).
Economy
Economy
A five-member trade delegation from Serbia, headed by Serbian Prime Minister and Minister of Trade, Telecommunications and Tourism, Rasim Ljaji?, is in Tehran to hold talks on issues of…
Economy
Fruit imports are illegal, but one may wonder where all the exotic fruits in the market have come from, said the President of the National Union of Exporters of Agricultural Products, in an…
Economy
In recent years, there has been a growing trend among top entrance exam candidates as well as students in technical universities in Iran to shift to human science majors such as economics; as a…
Economy
The government is planning to export 10,000 metric tons of powdered milk to neighboring countries, head of Iran’s Animal Farmers Union, Saeed Soltani, told IRNA on Sunday.
Economy
Iran Aircraft Manufacturing Industrial Company (HESA) says it is domestically manufacturing a new civil aircraft with the capacity of 70 passengers, Mehr news agency reported.
Economy
Turkmen Ambassador to Tehran, Ahmad Qorbanov, expressed hope that the value of annual trade between Iran’s northern Golestan Province and Turkmenistan will reach $60 million by the end of this…
Economy
Data released by the Statistical Center of Iran (SCI) show that the producer price index (PPI) in the industrial sector reached 192.0 points in the past Iranian year (ended March 20), indicating a…
Economy
Jam Petrochemical Company and Maroun Petrochemical Company outperformed and left the most positive impact on the Iran Fara Bourse benchmark on Monday trading, IFB Public relations reported.
…Economy
Last week, deputy minister of industry, mine, and trade Mehdi Karbasian informed the media that as many as 15 countries have made serious offers to invest in Iran’s mining and minerals sectors,…
Economy
Deputy minister of industry, mine, and trade Mehdi Karbasian says the administration is seeking to formulate policies to make the mining royalties and usufructs as transparent as possible,…
Economy
National Iranian Copper Industries Company (NICIC), World Copper Company (WCC), and Kaveh Copper Industries Company (KCIC) offered different grades of copper at Iran Mercantile Exchange’s spot…
Economy
According to the managing director of Eastern Railway, the mineral and industrial sectors in the eastern city of Tabas in South Khorasan Province could enormously benefit from the expansion and…
Economy
The Hormozgan Steel Company (HOSCO), out of 170 companies in the Persian Gulf Special Economic Zone, managed to create the highest number of jobs over the past Iranian calendar year which ended…
Economy
Minister of Economic Affairs and Finance Ali Tayebnia on Monday said 1,500 trillion rials ($52.6 billion at official exchange rate) in government debt has so far been identified and documented,…
Economy
Porsche has announced it is deliberating whether it will give its most iconic model, a 911 plug-in hybrid treatment before the end of the year, CEO Matthias Mueller said in a recent interview with…
Economy
Nissan Motor Co. will have vehicles packed with autonomous driving technology by 2020 but whether people will be able to drive them on roads is up to government regulators, Chief Executive Carlos…
Economy
While driving on highways in the east and west of Tehran, drivers will likely see men on the side of the road holding cardboard signs offering mechanic services.
Economy
Subaru has restarted exports of cars to the Iranian market, according to Skyscrapercity forum on Monday. The so-called authorized dealer, Safe Khodro, has listed all the latest models on its…
Economy
The national railway sector requires $25 billion in investment to achieve the development goals outlined in the 2025 Vision Plan, minister of road and urban development, Abbas Akhoundi was quoted…
Economy
Reforming the structure of banks and taking toxic assets off their balance sheets cannot be undertaken overnight, but is feasible at a slow pace, a banking manager told Eghtesad News.
Economy
Large commercial banks are demanding that the Monetary and Credit Council reconsider its decision to deregulate sight deposit rates, Akhbar Bank news website reported on Sunday.
Economy
The juridical committee of the Securities and Exchange Organization (SEO) has approved a plan to design new Islamic securities that would be protected from high inflation, an effective way that…
Economy
The second batch of Mazot Futures will be offered in the Iran Energy Exchange before May 21. Amin Investment Bank will handle their sale.
Economy
Middle East Bank has improved market transparency, releasing reports on the impact of the recent interest rate cut on its expected earnings in the stock market and on its commission fee. The…
Economy
