• Oil & Gas Sector Most Conducive for Business

    The research arm of Iran’s Parliament has conducted a first-of-its-kind domestic investment security study, finding among other things that businesspeople active in the crude oil and natural gas sector have the highest perception of investment security among all sectors.
    The study, published on the official website of Majlis Research Center, is the first evaluation of investment security index in Iran using the opinion of business representatives. It divides its results on the basis of provinces and business sectors, and has been conducted for the final quarter of the previous fiscal year that ended on March 20, 2018.

Economy

Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.

  • Apple Exports at Record High
    09/08/2018
    Some 800,000 tons of apples have been exported from Iran since the beginning of the current Iranian year on March 21, which is a record high, an official with the Ministry of Agriculture said on...
  • Investors Lose Trust Over Pricing Flip-Flops
    09/08/2018
    New developments in the Iranian capital market seem to have stemmed in large part in the mercantile exchange. The same trend was seen last week with the oil-product pricing conundrum.  The lost...
  • Pencil Sharpeners Imported From 15 Countries
    09/08/2018
    More than 421 tons of pencil sharpeners and blades worth $3.23 million were imported into Iran from 15 countries during the first four months of the current Iranian year (March 21-July 22), data...
  • Bank Debts Behind Monetary Base Growth
    09/08/2018
    A review of official data published in Central Bank of Iran’s reports by Tehran Chamber of Commerce...
  • IRICA: Customs Clearance Process Back to Normal
    09/08/2018
    Customs clearance process for imports is back to normal following the announcement that 3,479 items have become exempt from exchange rate difference surcharge, the head of the Islamic Republic of...
  • Iran Plast 2018 Slated for Sept. 24-27
    09/08/2018
    The 12th International Iran Plast Exhibition is scheduled to open at Tehran International Fairground on September 24, according to the event’s official website at Iranplast.ir. Organized by the...
  • EU Approves Apple’s Purchase of Shazam
    09/08/2018
    The European Union has given Apple’s Shazam acquisition its approval after launching an investigation ...
  • Europe Struggling  to Save Iran Deal
    09/08/2018
    You would not know it from reading the news, but the Iran nuclear deal is still alive.  The Europeans, however, are faced with an impossible task: to preserve an international agreement that...
  • Iranian Ports’ Throughput Down 9.2%
    09/08/2018
    Around 61.7 million tons of goods were loaded and unloaded in Iranian ports from March 21 to Sept. 4, registering a decline of 9.2% compared with last year’s corresponding period, managing director...
  • Parliament Rejects Controversial Bill
    09/06/2018
    Iran parliament has voted against the bill obliging the government to streamline the distribution network for providing Iranian households with essential goods through consumer cooperatives, chain...
  • Major Makers Endeavoring to Quench Market Thirst for Cars
    09/06/2018
    Two leading car manufacturers Iran Khodro and SAIPA are to offer 90,000 vehicles in the coming days to meet the overwhelming public demand for vehicles so as to help balance supply and demand to...
  • Iran Exports to EU Rise 5% as Imports Decrease 21%
    09/06/2018
    Iran’s trade with 28 member states of the European Union during the first seven months of 2018 amounted to more than €10.2 billion, indicating a 7.95% decrease compared with last year’s...
  • Provincial Home Sales Buck the Trend
    09/06/2018
    While Tehran’s housing market has registered three months of consecutive declines in home sales and price surges, similar markets of other provinces exhibit a different trend.  Tehran’s housing...
  • Exports of Value-Added Products on the Rise
    09/06/2018
    Despite the decline in the volume of Iran’s non-oil exports during the first five months of the current fiscal year (March 21-Aug. 22), export revenues have increased. Hamid-Reza Salehi, the...
  • Iran Scrapping Cash Withdrawal From Germany
    09/06/2018
    Iran has informed German financial regulator BaFin that it would be dropping its earlier request to repatriate funds from the bank, German media outlets, including Deutsche Presse-Agentur and...
  • Turkmenistan Bans Iran Transit Trucks Heading to Tajikistan
    09/06/2018
    Turkmenistan has banned transit trucks heading from Iran’s Lotfabad Customs Terminal in Khorasan Razavi Province’s Dargaz County to Tajikistan though its territory. Ali Akbar Shamani, director...
  • CBI Moves to Regulate Leasing Firms
    09/06/2018
    The Central Bank of Iran has recognized leasing firms as separate entities from monetary players, potentially opening a new chapter in the country’s lending sector. According to the secretary-...
  • Soybean Oil Exports Top  4K Tons
    09/06/2018
    Iran exported 4,586 tons of soybean oil worth $7.39 million during the first four months of the current fiscal year (March 21-July 22), latest data released by the Islamic Republic of Iran Customs...
  • Toyota Recalls 1 Million Hybrids on Risk of Fire
    09/06/2018
    Toyota Motor Corp. is recalling more than a million of its Prius and C-HR compact crossover vehicles...
  • Secondary Market Trade Buoyant
    09/06/2018
    While the unofficial currency market enters a bull run, a Central Bank of Iran official said trade in the Secondary Forex Market is increasing, with deals breaking a record on Tuesday.   Mehdi...
  • Fish Feed Export Ban Lifted
    09/06/2018
    The ban on fish feed export has been lifted, the director general of Export Affairs Bureau with the Islamic Republic of Iran Customs Administration said. Ali Akbar Shamani communicated this in a...
  • Most Consumers Complain About Bread, Fruit
    09/06/2018
    More than 28,100 public complaints were filed against goods and service providers with the industries, mining and trade organizations of Iranian provinces during the fifth month of the Iranian...
  • TEDPIX Ends Trading Week by Shedding 269 Points
    09/06/2018
    Tehran Stock Exchange’s main index lost 269.65 points or 0.2% on Wednesday to end trading at 137,714.2. About 2.75 billion shares valued at $59.76 million changed hands at TSE for the day....
  • 09/06/2018
    Iran continues to set a global example through its progressive and inclusive refugee policies, but the country needs more support hosting one of the largest refugee populations in the world, said...
  • Mercedes Unveils First Fully Electric Car
    09/06/2018
    Mercedes showed on Tuesday how it is “aggressively” gunning for top spot in upscale battery cars...

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