Some 7 million tons of non-oil goods were imported via Shahid Rajaei Port during the nine-month period ending December 21, recording a 27% fall compared to the similar period of the previous year…
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
Economy
Bushehr ranks first among Iranian provinces in terms of exports, accounting for half of the $40 billion in export value over the past year, according to the southern province’s customs bureau. Gas…
Economy
Italy’s first exclusive trade exhibition is being held at Tehran’s International Fairground. Over 30 Italian companies are showcasing their latest products and services related to urban planning,…
Economy
The Ministry of Industries, Mining and Trade plans to establish centers to train fashion designers, says director general of the Textile, Apparel and Leather Industry Organization of the ministry…
Economy
As Iranian households become more familiar with the benefits of herbal tea, demand shows a rising trajectory.
Consequently, the industrial production of herbal teas has gathered pace in…
Economy
The latest statistics released by Iran's Customs Administration show that Iran imported 30,400 cars worth $717 million during the first nine months of the current Iranian year (ended Dec. 21, 2015…
Economy
Shares in Volkswagen are sliding after the US Justice Department sued the German automaker over emissions-cheating software fitted to diesel vehicles.
Volkswagen’s shares were 3.1% lower at…
Economy
The French automaker has been steadily growing in China, the world’s largest auto market, and since it lost DS Automobiles, the company's former premium sub brand, it now sees the need for a new…
Economy
Harman International has formed a partnership with Microsoft Corporation to create an in-dash “personal assistant” that will allow motorists to Skype, listen to emails, schedule meetings and check…
Economy
The Informatics Services Corporation launched its newly Financial Management System (FMS) in Bank Ayandeh on Sunday. According to ISC website, the banking system has been using costly foreign…
Economy
The High Council of Construction and Architecture has banned the issuance of new permits for construction of high-rise buildings in Tehran, in response to the worsening air pollution crisis in the…
Economy
Lawmakers have criticized the government’s credit card scheme blaming the measure for the recent surge in the prices of two foreign brands of home appliances.
Economy
Improving financial discipline and financing strategy in the state-run economic sectors is a priority of the Central Bank of Iran, said Jafar Mehdizadeh, managing director of the bank’s economic…
Economy
The recent decision by the Saudi government to cut diplomatic and economic ties with Iran followed by similar moves by Bahrain and Sudan will not pose any major challenge to Iran’s vibrant gold…
Economy
The Export Development Bank of Iran offers export loans with rates between 16-21%, said Ali Salehabadi, the bank CEO, eximnews.ir reported. For regular loans the rate is 21% but for Musharakah…
Economy
An official with Bank Maskan (housing bank) has responded to earlier criticism by the deputy minister of roads and urban development who said the 18.5% interest rate on the newly initiated 600-…
Economy
Many producers of home appliances are on the verge of going bankrupt by March 2016 since there is virtually no customer for their products, says the head of Home Appliances Union.
Mohammad…
Economy
A couple of years ago, there was fear of damage to the global economy from rising commodity prices.
Apart from a brief but sharp plunge in 2008, when the world seemed to be falling apart,…
Economy
Tehran Stock Exchange’s overall index jumped 237.80 points or 0.53% to end Tuesday trade at 62,055.9.
More than 736 million shares valued at over $47 million were transacted to register a…
Economy
Russia will remove import tariffs on Iran’s dairy products as of January 15, said the head of Iran Chamber of Commerce, Industries, Mines and Agriculture. Mohsen Jalalpour added that the facility…
Economy
The Saudi government has cut its economic and diplomatic ties with Iran under the pretext of an attack on its Tehran Embassy. Bahrain, Sudan and Djibouti followed suit and the UAE downgraded its…
Economy
Exports from most Iranian provinces since the beginning of the current Iranian year (March 21, 2015) mark a rise in terms of volume and value.
According to a report by Mehr News Agency,…
Economy
Mahallat County in Markazi Province exported flowers and ornamental plants worth $10.8 million to Iraq, Azerbaijan, Tajikistan, Japan and Thailand during the nine-month period ending December 21.…
Economy
Iran and Afghanistan have signed a memorandum of understanding to facilitate transit via border crossings. The MoU was signed in a meeting between transport officials of the two countries after…
Economy
Trade with China saw a 34% decline in 2015, says the deputy head of Iran-China Chamber of Commerce. Majid Reza Hariri added that the falling prices of oil, gas condensates, iron ore and other…
Economy
