The average Producer Price Index in the 12 months ending June 21, which marks the end of the Iranian month of Khordad, increased by 6.5% compared with last year’s corresponding period, the…
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
Economy
About 1.35 million tons of commodities worth close to $490 million were exported from the western Kermanshah Province during the three months to June 21, 2017, director general of Kermanshah…
Economy
Iran exported some $30 million worth of commodities to Somalia in the last Iranian year that ended on March 20, 2017, registering a 38% increase compared with the year before, Trade Promotion…
Economy
Chairman of Iran’s Home Appliances Association Mohammad Tahanpour believes the main problem with local brands of home appliances is their failure to offer replacement warranty. This shortcoming,…
Economy
Starting in the spring of 2018, Daimler buses will offer Active Brake Assist 4 (ABA 4) for its Mercedes-Benz and Setra buses. It is the world’s first system built for buses that incorporates both…
Economy
Volkswagen’s first vehicle with a 48-volt mild hybrid will be a Golf-sized model, as part of a push to catch up with firms like Tesla, Renault and GM who are spending huge sums to develop…
Economy
The Lina electric vehicle, developed by TU/Ecomotive (the student team of Eindhoven University of Technology) employs a combination of a bio-based composite and bioplastics to create a lightweight…
Economy
Allowing import permits to auto manufacturers alone will give them ample space for monopoly to consolidate their position in the auto industry, says head of Iran’s Auto Importers Association,…
Economy
Several auto enthusiasts had predicted the end of the Chinese auto market outside of the country’s mainland, but according to a new report by Automotive News China in Beijing, French PSA Group…
Economy
The US dollar, which had begun a surprise rally since the past 10 days, gained about 300 rials to be exchanged for 37,720 rials, marking a new record for the greenback against rial in Tehran's…
Economy
Businesses and private sector representatives expect the Central Bank of Iran to speed up the process of unifying forex rates since the gap between free market and official exchange rates promotes…
Economy
In line with President Hassan Rouhani's housing policies, the Ministry of Roads and Urban Development has devised four general policies to promote home ownership for the middle-income group.…
Economy
President Hassan Rouhani’s Cabinet has authorized the Central Bank of Iran to allocate 9 trillion rials ($240 million) worth of loans to the Central Organization for Rural Cooperatives of Iran…
Economy
Iran and Croatia have signed an agreement on banking and payment arrangement, the minister of cooperatives, labor and social welfare announced. “The governor of the Central Bank of Iran has…
Economy
About 130,000 tons of raisins worth more than $271 million were exported in the last Iranian year that ended March 20, 2017, registering a 7% increase in value compared with the previous year,…
Economy
Having fallen under the adverse effect of international sanctions against Iran over its nuclear program, the Iranian machine-made carpet industry, like many other industries, slipped into…
Economy
More than 1,680 tons of shampoo worth more than 116.9 billion rials (over $3.1 million) were imported into Iran during the first month of the current fiscal year (March 21-April 20).
Spain…
Economy
Iran exported more than $4.31 million worth of goods to Senegal in the last Iranian year (March 2016-17), registering a 145% jump compared with the year before, director general of Trade Promotion…
Economy
About 4.8 million tons of goods were transported via railroad in the southern Hormozgan Province during the first three months of the current Iranian year (March 21-June 21), registering a 12%…
Economy
Managing director of the Islamic Republic of Iran Shipping Lines, Mohammad Saeedi, attended the Combined Annual General Meeting of Bureau Veritas in Paris on Thursday at the invitation of the…
Economy
Telepizza, the largest non-US-based pizza delivery company in the world by number of stores, has announced further expansion, with the opening of its first Iranian store in Tehran’s Marzdaran…
Economy
The 24th International Exhibition of Tile, Ceramic and Sanitaryware, otherwise known as CERAFAIR 2017, opened in Tehran on Friday.
Economy
Iran’s debt market is set to become even larger, as more governmental Islamic bonds are being issued.
This raises concern for investors and analysts of a deepening gap between the equity…
Economy
The Iranian flat steel import market has been quiet over the past seven days, as most market participants were on a long weekend break to celebrate Eid al-Fitr, the holiday that marks the end of…
Economy
Tehran Stock Exchange’s main index lost 32 points or less than 0.01% during the week that ended June 28 to close at 78,704.5.
The smaller over-the-counter Iran Fara Bourse’s benchmark, IFX…
Economy
