The global recession and a significant decline in the steel sector have prompted many producers to sell way below the finished price, says managing director of Metals and Materials Company,…
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
Economy
The government has opted for more quantitative easing in its much-anticipated incentive package released on Saturday. The new policy shift was announced at a joint press conference attended by…
Economy
In a long-awaited move, Bank Maskan (Housing Bank) has introduced a new housing construction loan for property developers, the Persian-language newspaper Donya-e-Eghtesad reported on Saturday.
Economy
Iran has taken the first steps in a journey that should eventually bring it back into the international debt markets – but there are tricky hurdles to overcome before it gets there.
Economy
The market for low and medium-price housing will pick up next year, an advisor to the Ministry of Roads and Urban Development said Saturday.
Economy
About 2,700 tons of processed meat such as sausages and bologna worth $10.5 million were exported to Iraq, Afghanistan, the UAE, Tajikistan, Oman and Malaysia in the first half of the current…
Economy
About $440 million worth of chewing gum are smuggled into the country every year. According to Jamshid Maghazei, the head of the Association of Iranian Confectionery Manufacturing Companies,…
Economy
Apple production is expected to reach 305 million tons and exports are estimated at 500,000 tons by the end of the current Iranian year (March 19, 2016), according to the Ministry of Agricultural…
Economy
Iranian Foreign Minister Mohammad Javad Zarif and his Japanese counterpart, Fumio Kishida, recently agreed to speedily conclude a bilateral investment treaty.
During their meeting in Tehran…
Economy
The prospect of oil giant Iran opening up for business in the coming months might not seem like good news for Scotland’s oil capital, Aberdeen, but that’s not how the Scottish National Party’s…
Economy
Iran has historically been a primary trading partner for Italy’s textile machinery industry. However, international sanctions blocked the flow of textile machinery exports to Iran.
Economy
An Iranian official has warned people with unsteady nerves from purchasing SAIPA's range of Prides.
According to Mohammad Reza Mamdouhi, Iranian National Standards Organization's deputy for…
Economy
Volkswagen named Daimler manager Christine Hohmann-Dennhardt on Friday to the newly created post of board member for integrity and legal affairs, as it strives to recover from the scandal over its…
Economy
The production of five Iranian car models will stop on December 22.
Iran's Car Manufacturing Policymaking Council in its latest meeting decided to implement new carbon dioxide emission…
Economy
Iran Khodro, the country's largest car producer, recently showcased vehicles in the Tajik capital of Dushanbe. The exhibition was held on the sidelines of an international investment conference…
Economy
The 19th International Automotive Exhibition of Tabriz concluded on Friday. The event focused on introducing the national and international capacities of the auto sector, Tasnim News Agency…
Economy
German reinsurer Munich RE has made a significant offer for covering a variety of insurance services in Iran after sanctions are eased, the Central Insurance of Iran's deputy director for…
Economy
Ministry of Roads and Urban Development is focusing on multiple financing schemes to help stimulate the flagging housing market including a one-billion rial ($33,000) construction loan which could…
Economy
A recent poll by Banki website shows that Bank Mellat is the most popular bank in Iran. According to ILNA, Bank Mellat was also selected as the most popular bank for providing e-banking services.…
Economy
Coinciding with World White Cane Day, Tejarat Bank unveiled banking services for the blind and visually challenged. According to Banker website, special internet banking services, mobile software…
Economy
The new economic policy package to be unveiled on Saturday will pave the way for the full enforcement of interest rates, a bank official told IRNA.
Economy
More than 52 tons of saffron worth $75.2 million were exported during the first six months of the current Iranian year (March 21-September 22, 2015), showing a 9.5% decrease in value compared to…
Economy
Demand for Iranian products has grown in Afghanistan amid growing anti-western sentiments among Afghans, says the Iranian head of Iran-Afghanistan Chamber of Commerce, Mahmoud Siadat, referring to…
Economy
More than 450 tons of goods worth $2.1 million were exported from Kohgilouyeh-Boyerahmad Province to Germany, Afghanistan, Britain and the UAE during the first half of the current Iranian year (…
Economy
After weeks of downbeat performance, President Hassan Rouhani’s dovish signals of a bright outlook for the equity market in the not-too-distant future coupled with the endorsement of the July 14…
Economy
