Major savings initiatives in Iran aimed at easing home purchase and construction have continued to grow since the current Iranian year began on March 21.
Economy
Economy
Home to 187,000 hectares of agricultural land, Tehran Province produces 5.7 million tons of agro products, which account for 5.2% of the country’s total agricultural output, the head of Tehran’s…
Economy
A total of 429,000 tons of red meat were produced in Iran’s officially registered slaughterhouses during the past fiscal year (March 2017-18), registering a 4% decline compared to the year…
Economy
Iran exported 65,480 tons of onions worth $22.25 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…
Economy
Iran traded 276,030 tons of non-oil commodities worth $312.41 million with Japan during the first four months of the current fiscal year (March 21-July 22), registering a 40.9% and 13.71%…
Economy
Essential goods worth 3.2 trillion rials (around $40 million) hoarded in nine warehouses of Tehran Province have been confiscated by police over the last week, the commander of Tehran’s Law…
Economy
More than 1,291 tons of press iron worth $7.34 million were imported into Iran from nine countries during the last Iranian year (March 2017-18), based on figures released by the Islamic Republic…
Economy
Turkey intends to defy US President Donald Trump and continue its strong bilateral trade links with Iran, the Turkish ambassador to Tehran announced on Sunday.
Economy
Larestan International Airport located near Lar, a city and capital of Larestan County in Fars Province, will operate flights to Muscat, the capital of Oman, from August 29, the news service of…
Economy
The new forex policy, announced last week by the Central Bank of Iran, which will partially remove the ceiling for the price of the dollar and allow more freedom for market changes, has…
Economy
Tehran Stock Exchange’s main index gained 2,818.97 points or 2.14% on Sunday to end trading at 134,354.8.
About 1.85 billion shares valued at $61.96 million changed hands at TSE for the…
Economy
Iraqi Prime Minister Haider al-Abadi has raised the level of uncertainty over how Iraq will handle US sanctions on Iran.
In the span of less than a week, Abadi went from pledging to…
Economy
On Thursday, it looked as though Google was starting to roll out a redesigned version of its vital Android Messages app. The update featured some visual changes like getting rid of the blue bar…
Economy
Domestic shoe production has declined by over 70%, the head of Handmade Shoemakers and Sellers Union said, as raw materials needed by the producers have not been cleared from the customs due to…
Economy
Iran exported 7,238 tons of milk powder worth $24.78 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 3,403 tons of goods were exported via railroads from Qom Province to the Commonwealth of Independent States during the first four months of the current Iranian year (March 21-July 22…
Economy
As little as 10% of the national budget, i.e. less than 400 trillion rials ($4.87 billion), are spent on the development of infrastructures and the rest goes to operational expenditures such as…
Economy
More than $29 million worth of vacuum cleaners were imported into Iran from 14 countries during the last Iranian year (March 2017-18), data released by the Islamic Republic of Iran Customs…
Economy
Iran traded 298,616 tons of non-oil commodities worth $128.23 million with Egypt during the first four months of the current fiscal year (March 21-July 22). According to the latest data…
Economy
Two major banks have been allowed by the Central Bank of Iran to offer certificate of deposit (CD) at interest rates higher than the current ceiling, reinforcing months-long speculations that…
Economy
Iran’s Guardians Council ruled an anti-money laundering bill passed by the parliament to be inconsistent with the Iranian Constitution and Islamic law, sending it back to the legislature for…
Economy
The governor of the Central Bank of Iran, who took the reins of the policymaking body late last month, has outlined his top priorities for solving the problems and instilling stability in the…
Economy
Extending apologies for the prolonged delay in the delivery of presold units of the SUV model Peugeot 2008, Iran Khodro, the local partner of the French automotive company, has announced that…
Economy
The Producer Price Index for the sector of “Farming, Horticulture and Traditional Husbandry” in the 12 months ending June 21, which marks the end of spring, increased by 14% compared with last…
Economy
The Civil Servants Pension Fund is planning to cede either portions of its shares or total ownership in 99 of its subsidiaries, most of which are underperforming and bleeding cash.
Economy
