Economy

The Islamic Republic of Iran Railways plans to rank the domestic rail transport companies based on their performance and services. Ticket prices will then be set on the basis of these ratings, the…

The governor of Kenya’s second largest city of Mombasa, Ali Hassan Joho, welcomed a delegation of Iranian investors on Tuesday after initial negotiations were held between the two sides in 2016.…

About 80% of Iran’s imports of basic commodities are carried out at Imam Khomeini Port in the southern Khuzestan Province, managing director of Ports and Maritime Organization of Iran, Mohammad…

A Kazakh national railroad company signed an agreement with the Islamic Republic of Iran Shipping Lines to establish a joint enterprise.     

In addition to signing the deal…

Tehran Stock Exchange’s main index added 26.80 points or 0.03% to end Wednesday trade at 76,792.8.

More than 739 million shares valued at $69.4 million changed hands for the day.

…

Political challenges and tariff barriers are the main impediments to Iran’s trade ties with Turkey, according to a report by the Export Promotion Commission of Iran Chamber of Commerce, Industries…

The amusement park industry can generate high added value and revenues for the country, given the capabilities of domestic producers, the deputy for export promotion with the Trade Promotion…

Iranian steelmakers raised about $102 million by selling Salaf contracts on Iran Mercantile Exchange during the 10 months to January 19, registering a 43% rise compared with last year’s…

The Ministry of Industries, Mining and Trade welcomes Renault’s presence in Iran but insists the company also set up an R&D center, an informed source told Financial Tribune’s sister…

 Since the start of the fiscal year last March, the number of vehicles shipped to and from Shahid Bahonar Port more than doubled compared to the previous year.

A total of 32,313 units…

French investigators have referred Fiat Chrysler Automobiles for possible prosecution over abnormal emissions of nitrogen oxide pollutants from some of its diesel engines, the government said.

In a deal with the Belgian firm Punch Powertrain, a CVT transmission manufacturing factory opened  Tuesday in Zanjan, northwestern Iran. 

The plant has been set up jointly by the…

Mellat Insurance, affiliated with Bank Mellat, is planning to establish Iran’s second life insurance company, said Alireza Ebrahimpour, Mellat Insurance’s CEO. Mellat is set to own a 20% stake in…

The Money and Capital Markets Commission of Iran Chamber of Commerce, Industries, Mines and Agriculture–known as the country's private-sector Parliament–has published a report on Iran's foreign…

Iran Insurance Company, the country’s biggest insurer, has come up with measures to boost its solvency, including plans for purchasing stocks of a major bank, the firm’s chief executive told a…

Bank Sepah will join the ranks of the few public-sector banks whose capital adequacy ratio meets the minimum standard when the Ministry of Economic Affairs and Finance allocates the approved funds…

The Agriculture Ministry has set a wheat production target of 12.6 million tons in the next Iranian year (March 2017-18), an official with the ministry said.

The target is part of the…

Ninety-three percent of all the raw vegetable oil in the domestic market is imported, according to secretary of Iranian Vegetable Oil Industry Association, Dariush Mahmoudi. “This is despite…

About 120 million tons of oil products and 10 million tons of non-oil goods were loaded and unloaded in the ports of Bushehr Province located in southern Iran, over the 10 months to January 19,…

Over 80% of tires imported to Iran come from China, says Abbas Abbasi, a member of the Association of Tire Manufacturers, adding that the 20% anti-dumping duty currently in place is not sufficient…

Iran’s Ministry of Agriculture believes Malaysia can have a better differential import duty for palm oil.

Announcing the above, the Malaysian government’s news agency Bernama said Malaysia…

Tehran Stock Exchange’s main index added 87.30 points or 0.11% to end Tuesday trade at 76,766.

More than 858 million shares valued at $45.7 million changed hands for the day.

…

Boeing’s agreement to sell 80 passenger jets to Iran may not be directly impacted by new US sanctions on Tehran, but the deal still could unravel.

This was stated in an article published on…

The Iranian government has finally caved in to pressure by the private sector calling for reduction of import duties on flat steel products due to local producers’ inability to meet downstream…

Iranian government officials and steel industry players met at Financial Tribune’s headquarters in Tehran on Tuesday to review the final agenda and general outlook for the Seventh Iranian Steel…