Top railway officials from Iran, Turkmenistan and Kazakhstan held a joint meeting in Tehran on Saturday with the aim of facilitating rail transport between the three countries.
Economy
Economy
To publicize the results of recent studies and research on groundwater resources by the National Center of Strategic Studies of Agriculture and Water, a one-day conference is being held in Tehran…
Economy
Inflation rate reduced by more than 19.2 percent compared with last year’s 35 percent and reached 15.8 percent by the end of the month ending January 20th, announced the Statistical Center of Iran…
Economy
Imports and exports nearly stood at the same level from March 20, 2014 to Feb 10, 2015, managing director of Iranian Customs Administration, Masoud Karbasian said on Saturday. According to IRNA,…
Economy
The Central Bank of Iran (CBI) has issued a bylaw obliging all banks to pass “interbank” checks only until 1 pm on working days, Eghtesad News reported.
An interbank check is issued on…
Economy
The latest edition of Iran’s National Web Festival kicked off at the Shahid Beheshti campus, in northern Tehran, on Sunday.
Two main speakers of this year’s event were Jaques Van Niekerk,…
Economy
Iran’s insurance industry is expected to achieve “strong single-digit growth” in the course of 2015, Business Monitor International predicts in its January report, though it revised down its…
Economy
Given the fact that the Central Bank of Iran cannot properly monitor the activities of the credit institutions they continue to increase interest rates on deposits, CEO of Iran Zamin Bank, Kamal…
Economy
The monetary base has contracted for the first time in a decade, according to a top official with the Central Bank of Iran.
Economy
The most important reason behind the increased prices of compulsory motorists’ third party insurance is the fact that “extra duties” are imposed on insurance companies, said CEO of state-owned…
Economy
A seesaw trading day at the Tehran Stock Exchange (TSE) was accompanied by the TEDPIX’s tiny retreat at Sunday’s close.
Fragile atmosphere at the equity market due to the lingering…
Economy
T he stagnant housing market in the second half of the current year (ending on March 20) led to an upward trend in the sector and saw financially strong customers enter the market.
Experts…
Economy
Mostafa Mo’azenzadeh, top aide to the vice president urged the private sector to start exploring new iron ore mines, noting that active iron ore reserves will be depleted in the near future.
Economy
Esfahan Steel Company (ESCO) exported 252,500 metric tons of different steel products during the first ten months of the current Iranian year (to end March 20), indicating a 32% growth compared to…
Economy
About 15.9 million metric tons of cement and clinker were exported during the first ten months of the current Iranian year (March 21, 2014-January 20, 2015), IRNA cited the secretary of Iran’s…
Economy
In a recent meeting with Iran’s deputy minister of communications, visiting Singaporean minister of communications and information technology, Yaacob Ibrahim, said his country is ready to develop…
Economy
Sterling rose to a three-week high versus the rial on Saturday, on the British currency’s rally in the international markets coupled with a general retreat of the rial against major currencies.…
Economy
A senior central bank official said on Saturday that commercial banks should be provided with cash if they are to raise capital, rejecting an alternative solution that urges lenders to increase…
Economy
The Central Insurance of Iran (CII) or Bimeh Markazi has completed a new system known as ‘SANHAB’, through which the activities of all insurance companies can closely be monitored.
The new…
Economy
Bank Sepah has targeted “equal distribution” of its financial resources in a bid to help boost growth and development in country, the bank’s CEO said on Saturday.
“Bank Sepah is more…
Economy
A parliamentarian has blamed the limited financial resources and high interest rates on loans as two major problems nearly 80 percent of manufacturing units across Iran are struggling with.
Economy
Nearly 500,000 Iranian nationals are employed in engineering and technical sectors of Middle Eastern and Central Asian countries, deputy minister of cooperatives, labor and social welfare,…
Economy
Every year, 110 trillion rials ($3.9 billion at official exchange rate) worth of medicine are consumed domestically, 85 percent of which are covered by insurance, Ali Rabi’ee minister of…
Economy
Rail freight transport increased by nearly 8% this year, head of Islamic Republic of Iran Railways, Mohsen Pour Seyed Aghaie, said on Saturday.“This is an unprecedented record within the past ten…
Economy
Small and medium-sized enterprises (SMEs) are the backbone of the economy and create job opportunities for a major part of the labor pool, said an expert in the labor market, Alireza Heidari,…
Economy
