A compost factory was launched on Wednesday in a ceremony attended by First Vice President Es’haq Jahangiri in the city of Dezful in the southern Khuzestan Province.
“The factory has the…
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
Economy
Minister of Roads and Urban Development Abbas Akhoundi inaugurated on Thursday a 114-km suburban railroad from Tehran to the city of Garmsar in Semnan Province. He was quoted as saying by Mehr…
Economy
Economic ties between Iran and Singapore have ample capacity to expand, given Iran’s access to the 300-million market of Singapore and its neighboring countries.
Iranian Minister of…
Economy
Iran Aseman Airlines says negotiations with Japan’s Mitsubishi Aircraft Corp. on the purchase of passenger jets are continuing, despite having signed a new agreement with Boeing on the purchase of…
Economy
Trade between Pakistan and Iran is at the lowest ebb, as Pakistan’s exports alarmingly plunged to $318 million in 2015-16 from $1.32 billion in 2008-09, confirming that the Preferential Trade…
Economy
The Iranian National Tax Administration collected 13 trillion rials ($342.1 million) from new taxpayers in the last Iranian year (March 2016-17), according to INTA’s chief, Seyyed Kamel…
Economy
The European Commission has decided not to impose preliminary anti-dumping duties on hot rolled coil imported from five countries, including Iran, and sent official papers on the issue to the…
Economy
The Iranian flat steel import market has been largely inactive for the most part of the week that ended April 5 due to long holidays to ring in the Iranian New Year (started March 21).
Most…
Economy
Iran- and India-origin basic pig iron with a high manganese content has been offered to Italy, as Ukraine’s absence from the market since late February continues.
Basic pig iron from Iran…
Economy
Expectations announced last year by Iranian billet sellers to improve their presence in export markets have been fulfilled.
Favorable market conditions along with lower competition with…
Economy
The first production phase of South Rohina Steel Complex was inaugurated on Wednesday by First Vice President Es’haq Jahangiri and Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh…
Economy
The 12th RoboCup IranOpen concluded on Friday with hundreds of enthusiasts testing their hardware against international rivals.
According to the RoboCup website, the event’s aim is to…
Economy
The Telecommunications and Information Technology Ministry says it has plans to improve and expand the key sector by offering incentives and tax exemptions to technology related business, Mehr…
Economy
Bank Saderat and MTN-Irancell — the second largest Iranian mobile operator — unveiled new services based on Near Field Communication (NFC) in the northern port city of Bandar Anzali on the Caspian…
Economy
Banks' lending rates are still high and the government is making efforts to lower the lending rates in line with the inflation rate, said the Central Bank of Iran's governor.
"Since we…
Economy
The government has cleared 132 trillion rials ($3.5 billion) of its arrears to the banking system while increasing its capital to public-sector banks by 242 trillion rials ($6.4 billion) , said…
Economy
Contrary to recent reports, Iranian banks have not gone bust but are in fact mired in faulty regulations, the secretary-general of the Private Banks and Credit Institutions Association said.”The…
Economy
After the implementation of Iran's nuclear accord with world powers, the country has negotiated its way to attract $50 billion worth of foreign finance expected to flow into the country soon, a…
Economy
Two pellet-making plants with production capacities of 5 million and 2.5 million tons per year and located in Sangan Mineral Zone will start production in the Iranian month of Ordibehesht (April…
Economy
The Iranian debt market witnessed the issuance of 83.6 trillion rials ($2.2 billion) of Sukuk in the last fiscal year (ended March 20, 2017), registering an over 92% growth compared with the year…
Economy
The government of President Hassan Rouhani is approaching its last months in office ahead of the May 10 election.
As Iranians prepare for the upcoming presidential vote, supporters and…
Economy
Tehran Stock Exchange’s main index gained 42.80 points or 0.06% to end Wednesday trade at 77,689.9.
Some 871 million shares valued at $46.2 million changed hands for the day.
…
Economy
The only Iranian plate producer Khouzestan Oxin Steel Company intends to increase its capacity utilization rate and strengthen its position globally over the new Iranian year (started March 21).…
Economy
Economically tied with high volume trade in crude oil and politically tied with similar interests for stability in the Middle East, Afghanistan, India and Iran have traversed a long and…
Economy
US Senators Ben Cardin and John McCain say Iran Aseman Airlines’ multibillion dollar deal with Boeing for up to 60 passenger jets is unlikely to be blocked by the US Congress.
Economy
