Loans at an annual interest rate of 5-9% will be offered to encourage job creation and production in border regions and adjacent areas, Interior Minister Abdolreza Rahmani-Fazli said on Sunday…
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
- Economy
The municipality of Ahvaz signed three memoranda of understanding on Sunday with Chinese, French and Italian companies concerning the construction of several commercial complexes, an…
EconomyNow that the government allocates subsidized foreign currency to imports of essential goods, their export seems to be uncalled-for, the head of Exports Promotion Directorate of the Agriculture…
EconomyFrench shipping group CMA CGM has decided to pull out of Iran following the US administration’s decision to renew sanctions on companies operating in the country, its chief executive said on…
EconomyKLM Royal Dutch Airlines has decided to suspend its direct flights to Tehran as of Sept. 24, the flag carrier airline of the Netherlands wrote on its website on Saturday, citing “commercial…
EconomyAs uncertainties loom over the way foreign exchange rates will be set in the newly-launched secondary foreign exchange market, a Central Bank of Iran official said "supply and demand" will be…
EconomyBank Maskan, the agent bank of Iran’s housing sector, has released its two-year performance report, which indicates that it funded about one million homes in the fiscal 2016-17 and 2017-18.
EconomyThe government is unable to track vacant homes and levy taxes, a setback to its efforts to stop the galloping rise in residential rents, an official with the Ministry of Roads and Urban…
EconomyAs the months-long foreign currency and gold coin rally in Iran prevails, mainly due to unyielding speculative activities that have contributed to the decline of the rial, the judiciary has now…
EconomyIran Fara Bourse is set to witness the initial public offering of Binalood Neyshabur Agriculture Company on July 10.
The IPO will float 10% or 40 million of the company’s shares, each…
EconomyTehran Stock Exchange’s main index gained 0.03 points on Sunday to end trading at 110,851.4.
About 817 million shares valued at $5.60 million changed hands at TSE for the day.
…
EconomyTehran stock market's turbocharged rally in recent weeks had many up on their feet and cheering for what seemed like a healthy growth compared to other parallel inflated markets.
…
EconomyMinister of Industries, Mining and Trade Mohammad Shariatmadari has called for a thorough revision of commercial identity cards in a directive to provincial organizations affiliated to the…
EconomyMajor European countries party to nuclear negotiations with Iran, such as France, Germany and the UK, have agreed to maintain trade with Tehran independent of the US dollar, Russia’s Foreign…
EconomyOn Monday, Iranian news websites reported that the eagerly anticipated news on the price of the Citroen C3 hatchback, manufactured through a joint venture between Iran's SAIPA and France's…
EconomyFerdowsi University of Mashhad has commenced a plan to use electric vehicles as transport services moving students inside the campus. “These vehicles are to be used in a trial phase, and will…
EconomyDaimler halted deliveries of a type of diesel engine for trucks as a precautionary measure, after the company said it found issues that could lead to emissions “slightly” exceeding nitrogen…
EconomyShares in Nissan Motor Co on Monday slumped about 5% to their lowest level in more than a year after the automaker said it would hold a briefing regarding its procedures to measure vehicle…
EconomyRussia’s Foreign Minister Sergei Lavrov said on Friday that other parties to Iran’s 2015 nuclear deal had agreed to work out ways of trading with Iran independently of the United States…
EconomyAs per a memorandum of understanding signed with Keshavarzi Bank, the government allocated 15 trillion rials ($357 million) in credits for improving agricultural mechanization in the county in…
EconomyThe Foreign Investment Promotion and Protection Act (FIPPA) requires major procedural revision, according to a new study carried out on the order of the Tehran Chamber of Commerce,…
EconomyOut of 700 inspections carried out by Tehran Province Institute of Standards last year (March 2017-18), the elevator safety of only five buildings complied with standard requirements, says the…
EconomyAround 379,000 tons of rice worth $375 million were imported during the first three months of the current year (March 21-June 21), showing 7.9% and 1.3% decrease in volume and value respectively…
EconomyTehran Chamber of Commerce, Industries, Mines and Agriculture will hold a one-day forum titled “US Withdrawal from the Joint Comprehensive Plan of Action and its Implications for Iran” in…
EconomySadad Informatics Corporation, affiliated with Bank Melli Iran, the nation's biggest bank, has formed a blockchain working group in order to tap into the vast potential offered by the new…
Economy