Economy

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

  •  Forum on Possible Impact of US Sanctions
    07/08/2018
    Tehran Chamber of Commerce, Industries, Mines and Agriculture will hold a one-day forum titled “US Withdrawal from the Joint Comprehensive Plan of Action and its Implications for Iran” in...
  • Interest in Germany’s Future Job Market
    07/08/2018
    Iran is planning on filling a portion of estimated 25 million job vacancies that will be created in Germany in the next decade, as the population ages and the nation will not be able to find the...
  • Public Transport Rescheduled  in Tehran
    07/08/2018
    Following a government energy-saving plan, Tehran Metro and bus fleet have announced...
  • TCCIMA Study: Cumbersome Foreign Investment Rules Need Reform
    07/08/2018
    The Foreign Investment Promotion and Protection Act (FIPPA) requires major procedural revision, according to a new study carried out on the order of the Tehran Chamber of Commerce, Industries,...
  • A production line of SAIPA, Iran’s second-largest automotive firm (File Photo)
    07/08/2018
    Facing harsh criticism from the public and prompted by a deadline set by authorities, Iranian automotive...
  • Currency Swap Deals Still on CBI Agenda
    07/08/2018
    Governor of the Central Bank of Iran says the monetary regulator is still actively pursuing bilateral currency swap ...
  • Decline in Rice Imports
    07/08/2018
    Around 379,000 tons of rice worth $375 million were imported during the first three months of the current year (March 21-June 21), showing 7.9% and 1.3% decrease in volume and value respectively...
  • In Letter to President Rouhani: Key MPs Ask Gov't to Expand Free Forex Trade
    07/08/2018
    Three key lawmakers have asked President Hassan Rouhani to significantly limit the multi-tier foreign exchange system based on which a big portion of imported goods receive their hard currency at...
  • A State Grid Corporation of China charging point for electric vehicles in Beijing (File Photo)
    07/08/2018
    China is considering a further reduction in electric-vehicle subsidies next year as the government...
  •  Guilds Chief Censures Market Conditions
    07/08/2018
    Withholding products from the market is a punishable offense and it is the duty of supervisory bodies to monitor producers and distributors, and prevent violations, ISNA quoted the president of the...
  •  Bank Maskan to Ramp Up Mortgage Plan
    07/08/2018
    Bank Maskan plans to expand a national mortgage scheme in the coming months to cover 700,000 potential applicants, the bank's CEO Abolqasem Rahimi said. "We supplied funds, in the form of property...
  • Iran's League of Stock Market Stars Gets Going
    07/08/2018
    The second edition of the competition known as ‘League of Stock Market Stars’, held by the Securities and Exchange Organization of Iran, opened on 7 July. Saeed Fallahpour, the SEO deputy for...
  • Trade With Iran Will Not Depend on US Whims
    07/08/2018
    Russia’s Foreign Minister Sergei Lavrov said on Friday that other parties to Iran’s 2015 nuclear dea...
  •  Safety of Elevators Questioned
    07/08/2018
    Out of 700 inspections carried out by Tehran Province Institute of Standards last year (March 2017-18), the elevator safety of only five buildings complied with standard requirements, says the head...
  • BMI Eyes Blockchain Potential
    07/08/2018
    Sadad Informatics Corporation, affiliated with Bank Melli Iran, the nation's biggest bank,...
  • $357m in Credits for Agro Mechanization
    07/08/2018
    As per a memorandum of understanding signed with Keshavarzi Bank, the government allocated 15 trillion rials ($357 million) in credits for improving agricultural mechanization in the county in the...
  • Risk Retention, Reinsurance Caps Announced
    07/08/2018
  • Iran's Non-Oil Trade With BRICS Shows 7 Percent Growth
    07/08/2018
    Non-oil trade with the BRICS nations during the last fiscal  (ended March 20) declined 8.68% in volume but increased 7.4% in value compared to the year before to stand at 53.82 million tons worth $...
  • TEDPIX Ends Saturday Trade 1.28 Percent Lower
    07/07/2018
    Tehran Stock Exchange’s main index lost 1,438.40 points or 1.28% on Saturday to end trading at 111,051.6. About 1.17 billion shares valued at $71.8 million changed hands at TSE for the day....
  • Telecom Ministry Steadfast in Backing Startups
    07/07/2018
    Supporting startups has been on top of President Hassan Rouhani’s agenda since he assumed the mantle of the government in 2013. One of the government entities spearheading the efforts has been the...
  • Iranian White Hat Hackers on March to Augment Cybersecurity
    07/07/2018
    A new startup introducing a bug bounty platform and tapping Iranian white hat hackers' potential is addressing the cybersecurity concerns that have beleaguered the booming web-based businesses in...
  • EU Lawmakers Back  EIB Work in Iran
    07/07/2018
    EU lawmakers gave approval on Wednesday for the European Investment Bank (EIB) to do business in Iran, overcoming a blocking attempt and keeping alive plans to save the 2015 nuclear deal with...
  • Tehran Stocks Return to Safety
    07/07/2018
    Weekly rollercoasters are becoming a familiar sight in Tehran stock markets. In the week before last, positive market signals were conspicuous as trade volume stayed strong compared to the market's...
  • Russia Signs Financial Cooperation Agreement
    07/07/2018
    Iran and Russian central banks signed agreements to boost ties on new financial and monetary fronts as part of the latest Iran-Russia Banking & Financial Group Meeting on Thursday.   During...
  • IMIDRO Expanding Mineral Exploration
    07/07/2018
    Iranian Mines and Mining Industries Development and Renovation Organization invested 1.14 trillion rials ($27.2 million) in mineral exploration projects in the last fiscal (March 2017-18),...

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