A blueprint of Islamic banking has been devised by the Monetary and Banking Research Institute at the request of the Central Bank of Iran Governor Valiollah Seif.
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
Economy
Qeshm Zinc Smelting Company is establishing a zinc hydroxide production plant to extract mine tailings from production waste, company manager, Amir Rahimi, announced. “The new plant will be a…
Economy
Over the past week, Iranian stocks wiped nearly all the gains made in the last two weeks over growing political risks and market ambiguities.
Tehran Stock Exchange’s main index TEDPIX…
Economy
There is a feeling of growing isolation and perhaps even marginalization by Jordan in light of shifting alliances and new geopolitical realities in the region.
As a result, pundits have…
Economy
Thomas Gehbauer is a head of project coordination for German medical equipment supplier Blue Ocean Force Millennium. He has been doing business in Iran for many years, likes and respects the…
Economy
A container ship that left Iran’s Khorramshar Port last Saturday to mark the official opening of Khorramshahr-Sohar shipping route docked at Omani port on Jan. 4. The route between the two…
Economy
Paper is one of the necessity goods whose import is not monopolized by a company or individual, a statement by the Ministry of Industries, Mining and Trade reads.
Economy
The government decided in the Cabinet meeting on Wednesday to grant 318 billion rials ($7.25 million) in aid to animal and fish farms that incurred losses in the recent Kermanshah Province’s…
Economy
Iran’s monetary base grew by 16.6% to 1,863.7 trillion rials ($43.1 million) in June 22-July 22, 2017, 3.7 percentage points up from its level a year earlier.
The 18.7% rise in the…
Economy
A local startup has launched a platform dubbed ‘Bitmeh’ allowing people to buy insurance policy online. Available via bitmeh.com, the company connects agents and brokers with costumers wanting…
Economy
Security researchers on Wednesday disclosed a set of security flaws that they said could let hackers steal sensitive information from nearly every modern computing device containing chips from…
Economy
The tracking code project for cigarettes will be implemented in the next two months, the head of Tobacco Planning and Supervision Center said.
Ali Asghar Ramzi added that the project is…
Economy
Iran’s Agriculture Ministry and the Iranian Sugar Factories Syndicate have agreed to pay incentives to sugarbeet farmers.
Economy
Close to $7.34 billion worth of services were exported from Iran during the eight months to Nov. 21, registering a 7.5% increase compared with the corresponding period of last year, an official…
Economy
China Civil Engineering Construction Corp announced on Tuesday it signed a rail contract worth 3.53 billion yuan ($543.6 million) with Iran.
CCECC is a subsidiary of state-owned China…
Economy
The Iranian steel industry, especially its raw material sector, is expanding substantially.
The name of Iran is increasingly heard in the global steel market when it comes to semi-…
Economy
Ahead of lawmakers’ vote on the government’s proposed budget for the fiscal 2018-19, the parliamentary research center has analyzed the housing and urban development portions of the budget,…
Economy
Following the implementation of the Joint Comprehensive Plan of Action (the formal name of Iran’s nuclear accord with world powers) that helped Iran’s banking system resume correspondent…
Economy
Tehran foreign exchange and gold markets experienced another bout of rallies on Wednesday, as investors turn to safe-haven investments that have led to a price uptrend not witnessed since 2012…
Economy
Bank Melli Iran has launched a special housing scheme to increase people’s purchasing power and help the sector. According to BMI’s CEO, the bank offers two types of housing plan, which differ…
Economy
Tehran Stock Exchange’s main index lost 311.74 points or 0.32% to end Wednesday trade at 95,929.5.
About 1.45 billion shares valued at $70.54 million changed hands at TSE for the day.…
Economy
In a meeting between officials from Mines and Metals Development Investment Company and those from Australia this week, the two sides expressed interest in expanding mining and exploration…
Economy
Kurdistan Regional Government in northern Iraq has rejected handing over the border management to the Iraqi federal administration, saying that the law provides for joint administration, as Iran…
Economy
The government is planning to sell its stake in the beleaguered Esfahan Steel Company to Iran’s largest steelmaker, Mobarakeh Steel Company, the deputy cooperatives minister for planning and…
Economy
The number of passengers traveling from Tehran’s Mehrabad International Airport has grown from 10 million to 18 million in the past three years, the managing director of Iran Airports Company…
Economy
