Iran’s main car manufacturer is set to raise its production level in Iraq by producing 3,000 vehicles per month.
Iran Khodro Industrial Group made the decision after its products received a…
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
Economy
Tehran will be hosting the 10th International Auto Parts Fair in November.
Some 840 national and international automotive firms are expected to attend the event that will be held on…
Economy
Local automotive firm Modiran Vehicle Manufacturing Company has announced the prices for the Chinese luxury car Chery Tiggo 5. According to local automotive news website Persian Khodro, the…
Economy
About 4.5 million tons of potatoes are expected to be produced by the end of the current crop year, indicating almost no change compared to last year, says head of the National Potato Association…
Economy
Agriculture and processing industries together account for 10% of Iran’s GDP, but only less than $60 million is going to be allocated to these sectors as subsidy and facility by the government,…
Economy
Chinese investors recently visited Bushehr Special Economic Zone, located in Bushehr Province in southern Iran, to survey investment opportunities there, said deputy head of SEZ, Qasem Sabet, last…
Economy
More than 2.2 million tons of commodities were transported via railroad from Shahid Rajaei Port during the first seven months of the current Iranian year (started March 21), indicating a 51%…
Economy
As many as 200 domestic and international companies will take part in the 7th international exhibition and conference on Iran’s investment opportunities, “Invest Show”, and the 2nd Kish…
Economy
International British enterprises are seeking long-term presence in the post-sanctions Iran’s energy and industrial markets, the visiting British Minister of State for Trade and Investment Francis…
Economy
A joint Japanese-South Korean economic and investment delegation examined investment opportunities in Yazd, during a meeting with the provincial officials held in the central province on Saturday…
Economy
More than 86,000 tons of fresh tea leaves worth over $40 million have been bought from farmers by the government in the current Iranian year (started March 21), indicating a 30% increase in value…
Economy
Production of high-quality machine-made carpets has risen significantly despite the recession afflicting the economy. By thoughtful planning, they can throw the economy a lifeline by boosting non-…
Economy
Governor of the Central Bank of Iran, Valiollah Seif, has defended the government’s recent stimulus package, saying his bank is cautious about any inflationary effects the policies could entail.…
Economy
The minister of roads and urban development elaborated on the status of the sluggish housing market, the ministry website reported.
“Up until now 12% of bank loans have been allocated to…
Economy
The High Council of Architecture and Urban Development is considering a plan to ban construction of high-rises on land smaller than 5,000 square meters, the deputy minister of roads and urban…
Economy
Exploration operations are underway in Sangan Mineral Zone, located in the northwestern Khorasan Razavi Province, says deputy head of Geological Survey of Iran, Behrouz Borna, adding that gold,…
Economy
A recent fall in demand for a wide range of commodities mostly related to the construction sector has caused a considerable rise in the inventories of companies listed in Tehran Stock Exchange.…
Economy
An investor holds his face in his hands while eying stock quotes on one of Tehran Stock Exchange’s information boards above the trading floor. Quote after quote prices are falling, more often than…
Economy
The National Iranian Copper Industries Company supplied 1,000 tons of copper cathode with the base price of $5.1 per kg, 1,000 tons of copper wires with the base price of $5.3 per kg, 20,000 tons…
Economy
Tehran Stock Exchange’s main index inched down 5.90 points or 0.01% at the Sunday’s close to settle at 62,942.7.
Economy
Researchers from RMIT University’s Center for Advanced Electronics and Sensors have come up with a breakthrough method that equips smartphones with special sensors to detect the amount of nitrogen…
Economy
Britain’s biggest-selling newspaper the Sun is to take down its online paywall, after the Rupert Murdoch-owned tabloid failed to win enough readers in the latest troubled digital experiment for a…
Economy
Los Angeles is home to the world’s largest collection of Hadean zircons—the oldest known material on Earth.
Hadean zircons are tiny but they contain a huge amount of information about the…
Economy
LinkedIn, the professional social network accessible in Iran, has denied reports that it is entering the local Internet sector. In response to Financial Tribune, the company’s PR department said…
Economy
The latest statistics released by the Central Bank of Iran reflects a semblance of stability in the key housing market despite a drop in the total number of housing deals.
Economy
