An official in the Securities and Exchange Organization has rebuked the government for pushing hard only to curb the inflation rate, according to Akhbarbank news website.
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Despite the Central Bank of Iran Governor Valiollah Seif having said that there is no need for a currency bourse, the government seems unmoved. It has been pushing for a centralized foreign…
EconomyThe Minister of Economic Affairs and Finance says the market is currently "quite close" to a unified foreign exchange regime, noting that currently there is barely any difference between the…
EconomyFinancial eligibility check is the only supervisory instrument required in a mature insurance market, head of the Central Insurance Company of Iran on Sunday.
EconomyThe Money and Credit Council has suspended its earlier ban on banks to issue letters of guarantee for top debtors who are in default. The council’s decision is designed to help stimulate business…
EconomyBank Tejarat is planning to open new branches in the Persian Gulf Arab states, Akhbarbank website reported. It also is trying to establish a brokerage in the region, mainly to raise capital.…
EconomyAbout 10,000 tons of mushrooms were exported to Iraq during the first three months of the current Iranian year (started March 21), said the chairman of Mushroom Producers Association of Iran,…
EconomyMore than 230,000 tons of bananas worth about $183 million were imported during the first five months of the current Iranian year (started March 21, 2015). This high amount, according to…
EconomyThe first five months of the current Iranian year (started March 21) saw the imports of sunglasses worth more than $690,000. China has been the top exporter of sunglasses to Iran by sending 23.5…
EconomyOman’s Sarooj Construction Company will invest $120 million in developing the multi-purpose Sarooj Pars Complex in Kerman in southeast Iran, according to a report published in Times of Oman daily…
EconomyFrance opened a business development office in Tehran on Monday seeking to renew once-strong economic ties with Iran after the July 14 nuclear deal in the face of "fierce competition".
EconomyIndia’s Steel Ministry on Monday asked the country’s steelmakers to “actively consider” setting up plants in Iran saying the Islamic Republic has assured to provide all assistance to them in this…
EconomyThe big Iran story is no longer congressional sniping at the deal worked out by the United Nations Security Council to monitor Iran’s civilian enrichment of uranium for reactor fuel. It is the…
EconomyTehran Stock Exchange snapped out of its dramatic recession on Tuesday when TEDPIX gained 248.80 points or 0.41% to reach 61.576.8.
EconomySwiss Ambassador in Tehran Julio Haus met with head of Iran Mercantile Exchange Hamed Soltaninejad on Monday to discuss post-sanctions’ opportunities for expanding economic ties between Iran and…
EconomyIran Mercantile Exchange featured close to 62,000 tons of commodities offered by nine local suppliers on the export trading floor on Tuesday.
EconomyGrowth in the number of people with access to Internet is slowing and more than half the world's population is still offline, the United Nations Broadband Commission said on Monday.
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EconomySecretary-General of Iran Nanotechnology Initiative Council (INIC) has announced holding Iran’s National Day of Nanotechnology in China within a month for increasing cooperation.
EconomyMobile phone imports in Iran have fallen by 17% during the first five months of the current Iranian year (started March 21), according to statistics released by Iran Customs Administration.
…EconomyThe Post Company of Iran, which has been tasked with setting up a national email system, has announced users can access their personal email accounts via cellphones.
EconomyIran and France signed an MoU on expansion of agricultural cooperation.
EconomyTurkey imports Iran’s unprocessed decorative stones and reexports them under its own brands, said the head of Mining Engineering Organization. According to the official, Iran possesses significant…
EconomyMazandaran is Iran’s second biggest mineral-rich province, said chairman of Mazandaran Association of House of Industries, Mining and Trade, Mohammad Naeiji, adding that the province’s mines have…
EconomyIran’s flower exports have failed to live up to its potential, says head of Flower Producers Association. “Although Iran ranks 17th in global flower production, it ranks 107th in exports,”…
EconomyMany industrialized nations are switching to the affordable and clean solar energy, but what is the share of Iran in view of its high level of insolation, thanks to its geographical location?
…Economy