More than $246 million worth of goods were exported from Zanjan Province during the first nine months of the current Iranian year (started March 21, 2017), indicating an 80% rise compared with…
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
- Economy
An Iranian knowledge-based firm for the first time has launched a mass production line for medical ventilators used in the Intensive Care Unit.
As reported by Iran’s Vice Presidential…
EconomyAt the request of Agriculture Minister Mahmoud Hojjati, the Islamic Republic of Iran Customs Administration has halted order registrations for rice imports on Sunday. The ban will remain in…
EconomyTehran Stock Exchange’s main index gained 646.50 points or 0.68% to end Monday trade at 96,208.
The gains came after the benchmark lost 1,649.82 points or 1.70% on Sunday following new…
EconomyCompanies and industries affiliated with Iran’s Small Industries and Industrial Parks Organization have exported $1.3 billion worth of commodities since the beginning of the current Iranian year…
EconomyTehran Stock Exchange did well in 2017, posting growth on the back of a plethora of factors such as recovering macroeconomic indices, rising global commodity prices and a devaluing currency that…
EconomyIran's export of crude oil and gas condensate amounted to nearly 1 billion barrels in 2017 in a year that OPEC and other producers stepped up efforts to keep a lid on supplies and drain bloated…
EconomyHead of Iran Road Maintenance and Transportation Organization says that ride-hailing services will not be allowed to offer intercity services. Davood Keshavarzian is of the opinion that allowing…
EconomyGeneral Motors has been granted a US patent for an exterior airbag designed to protect pedestrians during a crash.
The airbag pops out of the A-pillar and covers the windshield. It is…
EconomyChina suspended the production of 553 passenger vehicle models that have failed to meet the government’s fuel consumption standards.
The suspension took effect on Jan. 1. The models…
EconomyThe recent 200,000-rial ($4.66) increase in the rate of Bahar Azadi gold coin and the 30,000-rial ($7) rise in gold prices have followed the $28 hike for each ounce of gold in the world market,…
EconomyMajlis Research Center has forecast that the government will meet its import tax revenue target set in the 2018-19 budget, while predicting a higher foreign exchange rate and a significant…
EconomyThe Export Development Bank of Iran has devised a package of incentives to support major exporters, entrepreneurs and manufacturers, the bank’s director for branch affairs and marketing…
EconomyThe High Council of Free Trade Zones has announced that a draft version of regulations for the operation of international financial institutions (IFIs) in the zones has been devised and is…
EconomySome 830,000 people are expected to enter Iran’s labor market in the next fiscal year (March 2018-19), 70% of whom will be university graduates, Government Spokesman Mohammad Baqer Nobakht said…
EconomyThe bigger they are, the harder they fall.
Tehran Stock Exchange’s recent wild rush was bound to crash eventually, and new market-changing regulations coupled with protests over price…
EconomyShahram Adamnejad has been appointed as the CEO of Imam Khomeini International Airport City Company by Roads Minister Abbas Akhoundi.
The minister assigned the new CEO to take action for…
EconomyThe improved performance of Iran’s automotive industry this year, spurred by the removal of international sanctions in early 2016, had a positive effect on flat steel use and spiked consumption…
EconomyTehran Stock Exchange’s main index lost 1,649.82 points or 1.7% to end Sunday trade at 95,561.6.
About 1.9 billion shares valued at $110.65 million changed hands at TSE for the day.
…EconomyThe new shipping route launched between Iran’s Khorramshahr Port and Oman’s Sohar Port on Saturday is expected to increase bilateral trade to $5 billion in the next four years, the chairman of…
EconomyAbout $580 million worth of foreign direct investments have been made in Khorasan Razavi Province since the beginning of the current Iranian year (March 21).
According to Khorasan Razavi…
EconomyMore than 1.15 million tons of goods worth $905 million were exported from East Azarbaijan Province during the first nine months of the current Iranian year (started March 21) to register a 28%…
EconomyMajlis Joint Commission approved the outlines of the budget bill for the next fiscal year (March 2018-19) on Sunday and will weigh the details of the bill in the coming weeks, the spokesman of…
EconomyThe Japanese government started Official Development Assistance (ODA) activity in Iran in 1957 and Japan International Cooperation Agency (JICA) affiliated to the government of Japan officially…
EconomyChina’s Huawei on Friday flagged overall and smartphone revenue figures for 2017 that represented its slowest growth in four years, and vowed to extend its global reach with more premium…
Economy