The governor of the Central Bank of Iran said the bank's independence is the byword for the realization of Resistance Economy tenets in the county's monetary policymaking.
"The most…
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
Economy
A credit line of 450 trillion rials ($14 billion at market exchange rate) has been earmarked to complete the controversial Mehr Housing project, announced the head of Majlis Civil Affairs…
Economy
The Central Bank of Iran has received $7.2 billion from three foreign banks, namely Exim Bank of China, Italy’s Mediobanca and Denmark’s Danske Bank, a top CBI official announced on Saturday.
Economy
The Central Insurance of Iran has finalized assessing insurance firms’ solvency margin ratio for the current fiscal year (started March 20, 2016), according to which 17 out of 26 firms have been…
Economy
The industrial sector saw the highest growth of 9.1% during the first six months of the current fiscal year (started March 20, 2016) among other economic sectors of Iran, the Statistical Center of…
Economy
Tehran Stock Exchange’s main index shed 163.80 points or 0.21% to end Saturday trade at 78,826.5.
About 989 million shares valued at $33.4 million changed hands for the day.
Saipa…
Economy
Iran is in talks with American home appliance makers General Electric and Whirlpool, as well as Italy’s Ariston, to revive bankrupt domestic manufacturers, including Arj, according to an official…
Economy
The Fourth International Exhibition of Nuts, Dried Fruits and Related Industries opened at Tehran International Exhibition Center on Friday and will run through Jan. 9.
The event was…
Economy
Iran exported $390 million worth of commodities to Oman in the seven months to October 21, 2016, according to the president of Iran-Oman Chamber of Commerce. “Iran’s exports to the…
Economy
About 3.4 trillion rials ($85 million at market exchange rate) have been invested in the ports of Jask, Tiab and Sirik in southern Hormozgan Province as part of the wider project to develop Makran…
Economy
Some 300 billion rials ($7.5 million at market exchange rate) worth of contraband, including mini-computers, professional cameras and powerful servers, have been confiscated in Tehran.
…
Economy
More than $900 million worth of goods were exported from Kerman Province during the nine months to December 20, registering a 13% increase compared with last year’s corresponding period, according…
Economy
This year will be a sad year for Mitsubishi enthusiasts the world over. One of Japan’s most iconic car names, the Mitsubishi Lancer will officially be discontinued in 2017.
Launched…
Economy
In a latest overview of the development of Renault’s sub-brand Dacia, Just-Auto, based in the UK, notes that when the Duster finally enters production in Iran, it could be superseded by a new…
Economy
After a robust 2016 surprised most forecasters, the growth of Europe’s auto market is expected to slow considerably this year after three consecutive years of strong gains.
Economy
The working permit of Afra Motor—a local representative of Volvo in Iran—has been cancelled until further notice.
The Ministry of Industries, Mining and Trade has taken the measure…
Economy
Production of seven cars stopped in the Iranian calendar month that ended on December 21.
The models included Rayen Khodro's Voleex C30 and Kerman Motor Company's Lifan 620. During the same…
Economy
International sanctions hampered Iran's ability to connect with the global banking network, but the country now has secured correspondent relations with 900 banks across the world, announced the…
Economy
The privately-owned Ayandeh Bank, in a ceremony on Thursday, unveiled an open banking API portal called Finnotech, which is the first of its kind in Iran’s banking system.
Finnotech aims to…
Economy
Iran Insurance Company, the only fully state-owned insurance firm in Iran, is planning to spin itself off into several entities as part of its reform plans, said Mohsen Pourkiani, IIC’s chief…
Economy
Chances that the final draft of the Banking Reform Bill and the Central Bank Bill will be approved by the Iranian Parliament by the end of President Hassan Rouhani’s first term in the summer of…
Economy
The saga of Iran’s plans to buy Russian passenger aircraft took a new twist, with the head of Iran-Russia Chamber of Commerce Asadollah Asgaroladi declaring that the Russians are reluctant to sell…
Economy
While Iran may be known for its massive oil and gas reserves to many people around the world, it is little known for its top-quality pistachios.
Production of the nut in Iran dates back to…
Economy
Two international exhibitions opened simultaneously on Friday at Tehran International Permanent Fairground and will run through January 9. The Fourth Exhibition of Nuts, Dried Fruits and Relevant…
Economy
Iran’s major steelmakers exported over 4.12 million tons of crude steel and steel products in the nine months ending December 20, registering a 55% growth compared with last year’s corresponding…
Economy
