Parliamentarians have mandated the government to tax 1% of miners’ total sales and deposit the earnings with the treasury as part of the next fiscal year’s (March 2018-19) budget. A vote of 115…
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
Economy
Iran Air is not having problems financing plane purchases from Boeing and Airbus, but deliveries could be hampered if the United States does not extend export licenses, Chief Executive Farzaneh…
Economy
Dark clouds gathered for stocks all around the world last week.
The Dow Jones Industrial average had its largest one-day fall on record and erased all gains made so far this year…
Economy
Tehran Stock Exchange’s main index shed 516.96 points or 0.53% to end Saturday trade at 97,782.73.
About 649.07 million shares valued at $34.34 million changed hands at TSE for the day…
Economy
As per a recent presidential order, the cheapest loans in Iran are to become more affordable with the aim of accelerating the revitalization program for distressed urban and rural areas.
Economy
As high-profile Iranian and European officials gathered in Paris on Thursday for the Euromoney Iran Conference 2018, an upbeat mood permeated the event with participants forecasting better…
Economy
Bank Mellat has reached an agreement with the Association of Bureaux de Change Operators of Iran, based on which authorized money exchangers will be able to enjoy several services from the…
Economy
A freight train arrived in Iran’s northern border city of Astara from Russia’s St. Petersburg on Thursday, marking the inauguration of a cross-border strand of the International North-South…
Economy
Trade turnover between Azerbaijan and Iran increased by 30% in 2017, Azerbaijan’s Economy Minister Shahin Mustafayev said during a reception organized on the occasion of the 39th anniversary of…
Economy
Setting a strong pace for 2018, Muscat-based low-cost airline SalamAir has announced the launch of its first destination in Iran.
Starting Feb. 28, the airline will operate two…
Economy
The government’s overall revenues during the first nine months of the current fiscal year (March 21-Dec.
Economy
Iran and Sri Lanka signed documents on Saturday to expand cooperation in various fields, including trade and economy, the news portal of Sri Lankan government reported, citing IRNA.
The…
Economy
Bitcoin and other digital currencies have, so far, not been formidable competition for cash, checks or credit cards as a payment method in the United States and other major economies, according…
Economy
A portion of iOS source code has been posted online to GitHub, and in an interesting twist, a new report from Motherboard reveals that the code was originally leaked by a former Apple intern.
Economy
A new startup has started operating in Tehran named Washlin that offers on-demand laundry and dry-cleaning services.
It operates through the website washlin.com, an Android app available…
Economy
In about 10 days from now, the Financial Action Task Force–an international anti-money laundering group–will hold its regular plenary meeting in Paris to consider, among other items on its…
Economy
Iran's gold jewelry demand in 2017 reached 45.4 tons, which was up 12% for the year and the most since 2013, data released by the World Gold Council show.
According to the council…
Economy
Data released by the Central Bank of Iran on Wednesday show that the regulator has enjoyed a healthy boost to its foreign assets in the past 12 months.
Economy
Money and Credit Council, a top financial decision-making body, has approved regulations supervising the issuance of mortgage-backed securities, paving the way for all banks and credit…
Economy
The second Iran Conference organized by the London-based Euromoney magazine, slated for Feb. 8 in Paris and co-hosted by the Central Bank of Iran, will feature high-level Iranian officials as…
Economy
Mohsen Nariman was appointed as the head of the board of directors and new CEO of Aras Free Trade and Industrial Zone by Morteza Bank, secretary of the High Council of Free Zones and advisor to…
Economy
Base metal stocks have been the Iranian equity market’s undeniable stars in the current fiscal year (started March 21, 2017), as a rally in global prices coupled with a weaker currency pushed…
Economy
Tehran Stock Exchange’s main index gained 389.75 points or 0.40% to end Wednesday trade at 98,317.3.
About 1.37 billion shares valued at $75.13 million changed hands at TSE for the day…
Economy
Information on all foreign exchange traders’ transactions must be shared with the Iranian National Tax Administration, which are subject to income tax, the organization announced on Wednesday.…
Economy
Around 124,550 tons of cotton bolls have been produced across the country and bought by cotton factories since the beginning of the current Iranian year on March 21, 2017.
The…
Economy
