Central Bank of Iran confirmed in an official statement the takeover of the insolvent Mizan Credit Institution by Bank Saderat, according to akhbarbank.com.
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
Economy
Agricultural wastes dumped on roadside are a common sight when visiting the countryside. As useless as they may seem, they are the main ingredient in producing fluff pulp, which is in turn used…
Economy
The Iranian fertilizer market is projected to grow at a compound annual growth rate of over 3.5% during 2015-20 due to increasing need for improving the yield of available arable land in the…
Economy
The Producer Price Index of the mining sector during the four quarters to September 22, 2015, which marks the end of summer, increased 20.1% compared to last year’s corresponding period, the…
Economy
Tehran Stock Exchange’s benchmark staged further retreat during the week that ended October 28 with TEDPIX shedding 251 points or 0.40% compared to the previous trading week to settle at 62,924.…
Economy
Capital market experts express concerns over the poor state of Tehran Stock Exchange, even after the government unveiled the stimulus package.
Economy
India’s Steel Ministry undertaking Kudremukh Iron Ore Company is all set to resume export of pellets to Iran after a gap of almost a decade.
To begin with, it will export 1 million tons per…
Economy
Following the landmark nuclear deal with Iran, plans for the lifting of economic sanctions are moving forward with “Implementation Day” slated for late 2015 or early 2016.
Economy
The two-day International Conference on Migration: Patterns, Consequences and Policies, organized by the Statistical Center of Iran, concluded in Tehran on Wednesday. The event mainly focused on…
Economy
Tehran Province accounts for 34% of Iran’s total non-oil exports, 78% of technical and engineering services exports, 50% of tax revenues and half of bank savings, according to Tehran Province’s…
Economy
The development of Chabahar Port will gain momentum, following India’s prospective $85 million investment, says the head of Ports and Maritime Organization, Mohammad Saeednejad, on Wednesday. “…
Economy
The Producer Price Index in the 12-month period ending October 22, which marks the end of the Iranian month of Mehr, increased by 8.5% compared to last year’s corresponding period, according to…
Economy
The world's most profitable company Apple has opened its biggest store ever in Dubai, the UAE, on Friday. The news of the showcase store was reported by 9to5Mac that said the flagship location was…
Economy
Iranian Communications and Information Technology Minister Mahmoud Vaezi said the country’s private sector is ready to expand ICT cooperation with Iraq by participating in that country’s fourth…
Economy
Alphabet Inc, the new holding company for Google, has teamed up with three Indonesian telecommunications companies to expand Internet access in that country using solar-powered balloons.
Economy
A new Persian-language application has recently been released and aims to facilitate reading through digital devices.
The app named Taaghche (meaning "bookshelf" in Persian) primarily…
Economy
The Central Bank of Iran is striving to enhance the banking industry by supporting new technologies.
Economy
Housing Price Index shows the real estate market has had the worst performance among its rival markets in the Iranian month of Shahrivar (Aug.23-Sep.22), ISNA reported Tuesday.
The latest…
Economy
Promoting transparency and openness is the first step toward fighting corruption, the minister of roads and urban development said Wednesday.
Economy
Extended sanctions on the banking industry have brought about negative consequences for the sector, Tahmasb Mazaheri says, the website banker.ir reported.
Economy
The government should avoid compiling and dictating rules and regulations on behalf of banks and lending institutions, a member of Tehran Chamber of Commerce, Industries and Mines said Wednesday…
Economy
Iranian petrochemical companies are more inclined toward Europe and the United States than China when seeking finance and funds for their projects. Chinese investors reportedly charge exorbitant…
Economy
The goods and services Consumer Price Index for urban areas increased 14.8% in the 12-month period ending October 22, which marks the end of the Iranian month of Mehr, compared to the same period…
Economy
The Conference on Finance and Foreign Investment in Iran is due to be held on November 8-9 at Tehran’s Shahid Beheshti University.
Economy
The government is planning to revive cotton farming in the northern Golestan Province, according to the head of Cotton and Oilseeds Department of Golestan’s Agricultural Jihad Organization.
Economy
