Economy

Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.

  • Iran, EEU to Engage in All-Embracing Free Trade by Early 2022
    A full-fledged agreement on a free trade zone between Iran and the Eurasian...
  • New Towns Will  Undo Old Problems
    Twelve “new towns” have been planned in 10 provinces with the aim, among other things, of developing urban living areas and creating much-needed jobs.  Financial Tribune’s sister publication,...
  • Investment Funds Capitalize on Stocks Rally
    The record monthly growth in the Iranian stock market last month (July 23-Aug. 22), with a 26% increase registered in Tehran Stock Exchange alone, led to the prosperity of investment funds....
  • The devices will boast a wider range of prices, features and sizes.
    Apple Inc. is not only doubling down on the iPhone X, it is tripling down. The world’s most valuable...
  • China Biggest Exporter of Bicycle Frames  to Iran
    A total of 1,735 tons of bicycle frames worth over $3.6 million were imported into Iran from three countries during the first four months of the current Iranian year (March 21-July 22), according...
  • Int’l Carpet Expo in September
    The 10th International Exhibition of Floorings, Moquette, Machine-Made Carpet and Related Industries is scheduled to open at Tehran International Fairground on Sept. 6. According to the official...
  • Bushehr Exports Hit $3.4 Billion
    Around 7.2 million tons of non-oil commodities worth $3.4 billion were exported from the southern Bushehr Province during the first four months of the current Iranian year (March 21-July 22),...
  • Tehran Home Sales Fall as Prices Soar
    The Central Bank of Iran on Tuesday released its latest data concerning Tehran's housing market, indicating that the volume of home deals has significantly declined as prices have jumped for the...
  • Tax Break for Private Investors
    The Supreme Council of Economic Coordination has recently approved a bill that aims to improve the economic viability of development projects and attract private sector investments in the...
  • CBI: YOY Inflation at 24.2 Percent
    The average goods and services Consumer Price Index for urban areas in the 12 months ending Aug. 22, which marks the end of the Iranian month of Mordad, increased by 11.5% compared with last year’s...
  • Bruno Le Maire (R) and Olaf Scholz 
    Germany and France said they are working on financing solutions to sidestep US sanctions against countries such as Iran, including a possible role for central banks. The discussions, which also...
  • President Appoints Caretaker to Economy Ministry
    President Hassan Rouhani appointed former treasurer, Rahmatollah Akrami, as the caretaker of the Ministry of Economic Affairs and Finance following the impeachment of Masoud Karbasian on August 25...
  • Middle East Bank to Invest in Major ISP
    Major Iranian Internet Service Provider Asia Tech and privately owned Middle East Bank have inked an agreement which entails bilateral collaborations between the two as well as investment in the...
  • Sunflower Oil Exports Exceed $12 Million
    A total of 7,246 tons of sunflower oil worth $12.69 million were exported from Iran during the first four months of the current fiscal year (March 21-July 22), the Islamic Republic of Iran Customs...
  • TEDPIX Nosedives 2.53%
    Tehran Stock Exchange’s main index lost 3,543.27 points or 2.53% on Tuesday to end trading at 136,765.9. About 2.23 billion shares valued at $64.66 million changed hands at TSE for the day....
  • Concerns Over Halkbank’s  Iran-Related Fines
    Investors are worried about a US Treasury investigation into majority state-owned Turkish lender...
  • Fresh Rally in Forex, Gold Markets
    Foreign exchange witnessed a fresh rally in the open market, which was accompanied by a surge in the price of gold coin.  On the Central Bank of Iran's website Sana that reports the average...
  • US Pressure on Iran to Facilitate SWIFT Alternative
    A group of US lawmakers have urged the US Treasury Department to cut off Iran from the Society for...
  • Potato Exports Earn $26m in  4 Months
    Iran exported 86,142 tons of potatoes worth $26.68 million during the first four months of the current fiscal year (March 21-July 22), latest data released by the Islamic Republic of Iran Customs...
  • Economist Censures Gov’t Crackdown on Warehouses
    Economists and businesspeople believe that cracking down on production units and warehouses, and treating them as criminals will have adverse consequences, as economic players will lose trust in...
  • TEDPIX Maintains Momentum
    Tehran Stock Exchange’s main index gained 1,726.61 points or 1.25% on Monday to end trading at 140,309.2. About 2.46 billion shares valued at $90.27 million changed hands at TSE for the day....
  • IRICA Raises Cosmetics Import Tariff to 26%
    Import tariff on cosmetics will now rise by 10% to reach 26%, as per the new directive notified to the Islamic Republic of Iran Customs Administration by Ali Maqouli, the director of Center for...
  • Inflation Highest for Top Earners
    The Statistical Center of Iran has released its latest report on inflation rates for each of the 10 deciles, in which Iranian households are categorized on the basis of their income. The average...
  • ‘IRAN PLEX 2018’ in September
    The 17th International Exhibition of Poultry, Livestock, and Related Industries, also known as IRAN PLEX 2018, is scheduled to open at Tehran International Fairground on September 6, the event’s...
  • Surge in Speculative  Gold Coin Trade
    Speculative trade in the gold coin market is surging, although the coin’s price bubble has burst, the head of Iran’s Specialized Gold and Jewelry Commission said. Mohammad Keshti-Aray, however,...

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