The average goods and services Consumer Price Index for urban areas in the 12 months ending April 20, which marks the end of the first Iranian month of Farvardin, increased by 9.2% compared with…
Economy
Economy
Iran Airports Company registered 33,651 takeoffs and landings during the Iranian month ending March 20, 2018, which shows a 5% decline compared with last year’s corresponding period.
…
Economy
Some 100 trillion rials (over $2.38 billion) worth of confiscated contraband are being kept in warehouses, the fate of which has not been decided, the head of Majlis Industries and Mining…
Economy
The northern port and free trade zone of Amirabad, located in Mazandaran Province, will host a forum on marine exports to Caspian Sea littoral states on July 11, the port’s director said on…
Economy
In pursuit of the new Iranian year’s national goal, “Support for Iranian Products”, as well as improving the competitiveness of Iranian ports and non-oil exports, the Ports and Maritime…
Economy
A glittering ceremony attended by President Hassan Rouhani was held on Wednesday in Tabriz, East Azarbaijan Province, to celebrate the city's designation as the Capital of Islamic Tourism in…
Economy
Natural disasters such as frost and drought inflict losses of between 120 and 150 trillion rials ($2.8-3.5 billion) to farmers and orchard owners in Iran every year, a board member at…
Economy
Iran is on track to launch a new aluminum smelter early next year that would boost the country’s output by 70%, making it self-sufficient in the metal by taking advantage of its rich natural gas…
Economy
Iranian steel mills produced 6.8 million tons of crude steel in the first quarter of 2018, up 47% compared with last year’s similar period, according to the latest report released by World Steel…
Economy
The export price index stood at 323.1 in the 11th Iranian month of Bahman (Jan. 21-Feb. 19), registering a 7.5% increase compared to the preceding month and a 33.5% rise compared with last year’…
Economy
Tehran Stock Exchange’s main index gained 219.84 points or 0.23% on Wednesday compared to the day before to end trade at 94,796.1.
About 888 million shares valued at $45.96 million…
Economy
Private Iranian automaker Bahman Group has forayed into manufacturing the Chinese compact SUV, Haval H2.
Haval is an automotive marque owned by the Chinese automaker Great Wall Motors…
Economy
The Beijing International Automotive Exhibition is a barometer of the state of the world’s biggest passenger-vehicle market. New cars are launched and startups vie for attention against their…
Economy
Volkswagen AG’s luxury unit Audi said on Tuesday that it was recalling 1.16 million vehicles worldwide because of concerns that an electric coolant pump could overheat or short-circuit from…
Economy
Russian Prime Minister Dmitry Medvedev signed an interim agreement with a validity of four years for the formation of a free trade zone to deal with a limited range of goods between the Eurasian…
Economy
Some 5,400 tons of hand-woven Persian carpets worth $424 million were exported from Iran in the last fiscal year (ended March 20, 2018), registering an increase of 18.11% in value compared to…
Economy
More than 180,400 hectares of farmland were equipped with modern irrigation systems in the last Iranian year (March 2017-18), the chairman of Modern Irrigation Systems Project undertaken by the…
Economy
Iran traded $1.85 billion worth of non-oil goods with Italy in the last Iranian year (ended March 20, 2018), which is 9.67% more compared to the year before, making the European country Iran’s…
Economy
The government plans to clear over 60% of its debt to the Social Security Organization (500 trillion rials or $12 billion) through a debt swap deal, the deputy minister of cooperatives, labor…
Economy
The Ministry of Cooperatives, Labor and Social Welfare’s Center of Statistics has published Iran’s provincial share of GDP for the fiscal 2015-16.
Tehran Province, wherein lies the…
Economy
Iran's state-owned banks have sold excess assets worth 135 trillion rials ($3.21 billion), which included real estate, company shares and other resources, from the beginning of President Hassan…
Economy
Iran’s decision to report foreign currency transactions in euro rather than the US dollar reflects the fact that the bulk of Iran’s foreign trade is with European and Asian countries and that it…
Economy
As the Central Bank of Iran is continuing its rate unification and market control policies, the Tehran police force is maintaining its support for the regulator by cracking down on speculative…
Economy
As the Central Bank of Iran launched a new round of gold coin presales since the beginning of the new fiscal year (March 21), a total of five million coins have been sold by Bank Melli branches…
Economy
Despite the increase in the population of workers in Iran, the number of workplace accidents and fatalities in the last Iranian year (March 2017-18) remained unchanged compared to the year…
Economy
