Iranian steelmakers produced 34.7 million tons of steel during the first 10 months of the current fiscal year (March 21-Jan. 20) to register a 14.3% growth compared with last year’s…
Economy
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Tehran stocks spent last week in limbo, as traders seemed paralyzed with eyes fixed on the foreign exchange market for a sign of stability, which remains elusive.
Tehran Stock Exchange’s…
EconomyHome prices will rise at a rate higher than the inflation–currently hovering at 10%–in the next fiscal year that starts on March 21, the head of Tehran Association of Realtors said.
EconomyForeign exchange market showed early signs of cooling on Thursday after the Central Bank of Iran unveiled its emergency package aimed at enticing investors to embrace regulated monetary and gold…
EconomyBank Melli Iran, the nation’s biggest bank, is becoming more aware of the important role played by big data, as its deputy for information technology and communications network says it has…
EconomyA number of companies from several countries have expressed interest in implementing construction projects in the town of Pardis, the chief executive of state-owned Omran Pardis New Town Company…
EconomyMajlis Joint Commission has removed an article incorporated in the bill for the next fiscal (March 2018-19) about imposing a ban on the import of transgenic crops that fail to secure…
EconomyThree Airbus A319 secondhand jets landed in Mashhad International Airport on Wednesday and are expected to join the fleet of a newly-established Iranian airline, Tehran Air. Reza Jafarzadeh, the…
EconomyCigarette tax will remain unchanged as approved by Majlis Joint Commission, a parliamentary body responsible for reviewing the budget bill proposed by the government before its final…
EconomyNo cases of human infection with the H5N6 strain of avian flu have been reported in Iran yet, Mohammad Mehdi Gouya, the director-general for communicable diseases at the Health Ministry…
EconomyWith 229 vessels, Iran accounts for 1.1% of the global maritime transportation capacity and ranks 20th in this respect.
Managing Director of the Ports and Maritime Organization of Iran…
EconomyIranian steel billet export prices increased by $5 per ton over the week that ended on Feb. 14, with deals being reported at the higher prices.
Metal Bulletin’s weekly price assessment…
EconomyPakistan’s recent restrictions on fresh fruit imports from Iran have sparked fears among Pakistani exporters that Iran may retaliate by imposing similar curbs on shipments from Pakistan.
…EconomyBank of Industry and Mine sold off a 51% stake in its investment arm, Industry and Mine Investment Company on Tuesday on the capital market, BIM’s head of subsidiaries and general meetings…
EconomyFilmtabdil is a local startup which converts old films and cassette tapes into digital format to help save family memories from deterioration in a rapidly changing digital world.
EconomyA potentially serious new bug has been detected which can affect a wide range of Apple devices. Software engineers at Aloha Browser discovered two Unicode symbols in a non-English language that…
EconomyEurope’s justice commissioner told Facebook, Twitter and Google to do more to bring their user terms in line with EU law, ramping up pressure on the tech giants after their efforts were deemed…
EconomyA university student named David Nadlinger has won the top prize in a science photography contest held by UK’s Engineering and Physical Sciences Research Council after capturing a photo of a…
EconomyMa Insurance has recently renewed a contract it signed with PartnerRe’s French branch in 2016 as part of efforts to expand its international presence. According to a press release by the company…
EconomySouth African’s ambassador to Iran has said his country is negotiating with the Office of Foreign Assets Control of the US Treasury Department to get a license for South African banks to work…
EconomyAs the fallout from the forex market volatility continued into Wednesday, the Cabinet approved a package by the Central Bank of Iran to stabilize the market and push speculators into a legal…
EconomyTehran home prices and deals were up in the third quarter of the current fiscal year to Dec. 21 on an annual basis, but the number of rental contracts for residential units showed a declining…
EconomyThe US dollar is notching new highs against the rial in Tehran’s foreign exchange market these days, while the stock market remains relatively dormant.
This is while equities, especially…
EconomyTehran Stock Exchange’s main index gained 244.62 points or 0.25% to end Wednesday trade at 98,347.9.
About 737 million shares valued at $69.68 million changed hands at TSE for the day.…
EconomyThe Ministry of Industries, Mining and Trade issued 702 mineral exploration permits during the nine months to Dec. 21, 2017, indicating a 27.9% rise compared with last year’s corresponding…
Economy