Stocks held steady this week slowly, recovering nearly all ground lost in the three-day rout that started on Feb. 10, as a mixture of news rocked Tehran’s markets.
Equities have staged a…
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
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Iran has ambitious plans for its steel industry, as it aims to become the world’s sixth largest steel producer, based on the 20-Year Vision Plan (2005-25), which stipulates the production of 55…
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A flurry of activity between the South Caucasus capitals greeted the January 16 lifting of sanctions against Iran, with Azerbaijan, Armenia and Georgia looking to boost their struggling economies…
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Iran has invited India to invest $8 billion in its infrastructural projects, including railroads, ports, bridges and rail electrification, according to India-based magazine The Dollar Business.…
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Director General of Imam Khomeini International Airport Hamid Reza Seyyedi said it will take the airport six months to prepare the infrastructure for Iran Air’s newly-purchased Airbus A380s.…
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Agricultural imports have decreased by $5 billion in the current Iranian year (to end March 19, 2015) compared to two years ago when President Hassan Rouhani took office, said the deputy…
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With the annual production of 6,000 tons of honey, Khoy in West Azarbaijan Province is the top producer of the commosity in Iran, says governor of the city, Hossein Sivani.
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New Zealand has lifted its sanctions against Iran after the nuclear deal went into force on Jan. 16.
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More than one billion contactless MasterCard and Maestro transactions were processed in Europe in 2015, up 150% on 2014, with value of transactions increasing by 183%. The number of cards, mobile…
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Leading tech companies are rallying behind Apple—some belatedly—in its fight against a court order requiring the company to help investigators break into an iPhone used by one of the San…
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A Turkish electronics retailer has said they are “studying options in this [Iran] market”, earlier this week in Istanbul.
Turkey's leading electronics retailer Teknosa shared its plans for…
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Iran Air says it’s open to buying aircraft from Boeing even after ordering 118 jetliners worth $27 billion from competing planemaker Airbus, as soon as international sanctions were removed last…
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Iran imported close to 600,000 tons of rice during the 10 months to January 20, an official with Iran Rice Association said. The figure is expected to reach between 800,000 and 1 million tons by…
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Iran’s second exclusive exhibition opened in Baghdad on Tuesday. Leading a delegation of Iranian traders, Iranian Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh attended the…
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Oman will soon begin importing agricultural products from Iran, said a member of the Omani trade delegation during a visit to Iran’s southern province of Khuzestan.
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Brazil will accept payment from Iran in euros and other currencies for planes, cars and machinery to sidestep lingering US sanctions on the oil-rich nation, said Trade Minister Armando Monteiro.…
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The process of privatizing banks has been imperfect and controversial since inception, Bahaoddin Hosseini Hashemi, former CEO of Bank Saderat Iran said. The same is true for privatizing state-…
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An Airbus executive urged European banks on Tuesday to overcome their wariness about financing export projects to Iran because of US sanctions, highlighting difficulties European companies face in…
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Korea Trade Insurance Corporation (K-sure) plans to provide 196 trillion won ($118.9 billion) worth of trade insurance this year and increase support for businesses exporting to new markets such…
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Money and Credit Council -- the country’s highest monetary policymaking body -- has given its approval to lowering deposit rates as of Feb. 20, the Central Bank of Iran announced late Tuesday.
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A German company will supply gantry cranes for use in the development of Shahid Rajaei Port in Iran’s southern Hormozgan Province, after winning a tender floated by the Ports and Maritime…
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The Sixth Iranian Steel Market Conference, also known as ISMC 2016, convened on Wednesday—the second and final day—with international industry players holding specialized workshops and…
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With the loosening of international sanctions against Iran this year, hopes have been high for a resurgence in foreign direct investment.
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Tehran Stock Exchange’s main index TEDPIX gained 746.40 points or 0.97% to end Wednesday trade at 77,888.
More than 1.9 billion shares changed hands valued at $174.7 million.
The…
Economy
At Isfahan's 12th International Exhibition of Automobile Industry this week, the largest Iranian private auto manufacturer, Kerman Motors, started selling its latest model with a special offer.…
Economy
