Mouteh Gold Mine produced 175 kilograms of gold ingots during the first four months of the current fiscal year (March 21-July 22), registering a 29% growth compared with last year’s…
Economy
Economy
The last Iranian month (ended Aug. 22) was replete with good news for the stock market, as Tehran Stock Exchange's main index, TEDPIX, rose to the unprecedented height of 136,960.6, registering…
Economy
A memorandum of understanding has been signed between Maku Free Trade Zone and Arvand Airlines on Monday for the company to fly between the FTZ and the two Iranian major cities of Tehran and…
Economy
Tehran Stock Exchange’s main index lost 163 points or 0.12% on Tuesday to end trading at 136,910.6.
About 1.58 billion shares valued at $52.31 million changed hands at TSE for the day.…
Economy
As of Monday, shares of major Iranian Internet service provider HiWeb were traded on the Tehran Stock Exchange again after its ticker symbol was frozen last December.
According to TSE,…
Economy
Samsung’s latest flagship, the Galaxy Note 9, is now available for purchase in 56 markets around the world. Samsung unveiled the Note 9 in New York City on August 9, and compared to previous…
Economy
Australia has banned Huawei Technologies Co Ltd from supplying equipment for a 5G mobile network citing national security risks, a move the Chinese telecoms gear maker criticized as being “…
Economy
Iran exported 81,638 tons of wheat flour worth $20.49 million during the first four months of the current fiscal year (March 21-July 22), latest data released by the Islamic Republic of Iran…
Economy
More than 1.38 million tons of sesame oil and products worth $3.2 million were imported into Iran from six countries during the last Iranian year (March 2017-18), figures released by the Islamic…
Economy
Iran traded 198,655 tons of non-oil commodities worth $116.44 million with Azerbaijan during the first four months of the current fiscal year (March 21-July 22). This shows a 36.02% and 42.29%…
Economy
The construction of Saqqez Airport, located 266 kilometers from Sanandaj in Kurdestan Province, has made 40% progress and is expected to become complete in two years, the manager of Sanandaj…
Economy
The retrospective application of Clause Five of the government’s new foreign currency on imports is against the law, the chairman of the parliamentary faction focused on fighting corruption and…
Economy
All warehouses in Iran are required to register in the so-called “All-Inclusive Warehouses Website” by Aug. 23, otherwise their stored commodities will be considered hoarding and those…
Economy
As part of the latest measure to ditch the US dollar from the country's transactions, the Central Bank of Iran has removed the American currency from the list of Sanarate.ir, the website…
Economy
Banks and credit institutions allocated a total of 1.67 quadrillion rials (€17.92 billion) to various sectors of the economy during the first four months of the current fiscal year that ended on…
Economy
The Iranian government will commence the process of building two new towns in the southern Chabahar County in Sistan-Baluchestan Province from next week, the newly-appointed CEO of the New Towns…
Economy
Banking for companies that do business with Iran–as well as for Iranians themselves–is likely to get even more complicated in the near future.
Economy
The latest Consensus Earnings Report shows the price to earnings (P/E) ratio of Iranian stocks has dropped to its lowest level in nine months, although growth in profitability has boosted…
Economy
Novin Sanat Raja Company, a subsidiary of Raja Railway Transport Company, officially started its activity on Sunday. The newly-founded company specializes in the repair, renovation and…
Economy
It is now clear that the purpose of US sanctions against Iran is to make its people miserable enough so they pressure their government to agree to US demands.
Economy
Tehran Stock Exchange’s main index gained 2,718.23 points or 2.02% on Monday to end trading at 137,073.
About 1.90 billion shares valued at €78.92 million changed hands at TSE for the…
Economy
Major local carmaker Iran Khodro has introduced a special presale scheme, which started on Monday and runs until Aug 30. As per the scheme, eight models are on offer, including the locally…
Economy
The Central Bank of Iran has started the delivery of 2.5 million presold gold coins with a six-month maturity. “As of today, August 19, the delivery phase of the six-month maturity presale plan…
Economy
Iran Chamber of Commerce, Industries, Mines and Agriculture, the country's largest private sector group, has emphasized the necessity of Iran joining the inter-governmental Financial Action Task…
Economy
The uptrend in private sector investments in the housing sector is the conclusive sign that the long-ailing sector is enjoying a boom period, a senior official at the Ministry of Roads and Urban…
Economy
