Iran and Finland discussed avenues of cooperation and investment opportunities in the new economic climate following the lifting of sanctions against Iran over its nuclear energy program.
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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The biggest value added in textile industry is generated in garment workshops, says the deputy head of the Association of Iran Textile Industries.
Alimardan Sheibani, who is also a…
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Representatives of Tehran Stock Exchange and Iran Fara Bourse have been invited, along with chief executives of leading Middle East exchanges, to discuss foreign investment opportunities at the…
Economy
Iran Mercantile Exchange’s oil and petrochemicals trading board witnessed the offering of more than 53,450 tons of polymers, 38,600 tons of bitumen and 5,500 tons of sulfur on Tuesday. The…
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Competition in the global iron ore market has become so intense following a glut in low-cost supplies that Iranian exporters have abandoned efforts to court overseas sales. Instead, they are…
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Tehran Stock Exchange ended Tuesday trade in green, as TEDPIX gained 119.70 points or 0.19% to settle at 62,923 .
Economy
With Iran’s capital markets just opening up, the money market has been the dominant force behind financing businesses in the recent past.
The money market has been financing 90% of business…
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PSA Peugeot-Citroen posted a 3.2% increase in third-quarter revenue, as recovering EU demand shielded them from the worst of China’s slowdown. Revenue rose to $13.7 billion in the three months…
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Windows Phone users now have access to a digital interactive version of the Tehran Metropolitan railroad map via their handsets from the Windows Store, according to Zoomit. The unofficial…
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BMW’s local distributor, BMW Persia, has announced it will officially unveil its 2 series coupe in the next few days in Tehran.
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An automotive official has rejected the claims of four ministers who recently said 100,000 vehicles have been stockpiled due to low demand.
According to Mohammad Reza Najafimanesh, a member…
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The Prosecutor General’s Office has said it is raising the issue of filtering Telegram Messenger over security issues.
News of the impending review comes after a recent comment by that…
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This week Russian search engine giant, Yandex, announced it will expand operations into the Iranian market.
However, on Tuesday, a representative from the company said it had no plans to…
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Esfahan Steel Company will start producing rail by the end of the current Iranian year (March 19, 2016), with the aim of reducing reliance on imports amid growing need to expand railroad…
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Cigarette production during the first half of the current Iranian year dropped 30% in terms of weight compared to last year’s similar period, says Mohammad Hossein Barkhordar, director general of…
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About 38,000 tons of goods worth $31 million were exported from Ardabil Province, during the first half of the current Iranian year (started March 21), indicating a 24% decrease in weight and 2%…
Economy
Ukraine is a viable source for Iran’s grain and nut imports, says head of Iran-Ukraine Joint Trade Council.
Due to its large-scale grain production, and vast fields of wheat and other food…
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News of the deal reached between Iran and the West on July 14 over the scope of Tehran’s nuclear energy program and economic sanctions against the country has grabbed headlines in the world media…
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The Producer Price Index in the 12-month period ending September 22, which marks the end of summer, increased 6.6% compared to the same period of last year. Mehr News Agency also cited the…
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Iran’s lack of an integrated debt market is considered as a major obstacle to growth by experts who see the debt market as the best available recourse to raise money when the economy is under…
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The Management and Planning Organization has approved allocation of two trillion rials ($66.7 million at the official exchange rate) for subsidizing housing loans, head of the Urban Development…
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The Central Bank of Iran is pursuing two plans to facilitate commerce with the world when the international sanctions are lifted.
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Interaction between supply and demand patterns and the built-up area (aka carpet area) of housing units is one of the crucial issues in housing markets. In other words, builders need to be update…
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About 250,000 tons of copper will be produced by the end of the current Iranian year (March 19, 2016), to register a 17% growth compared to last year, says the managing director of National…
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Iran can use its experience and expertise in the mining sector to beat its two main rivals in the region, India and China, in exploiting Afghanistan’s untapped mineral reserves, says deputy head…
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