• 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.

  • 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-...
  • 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...
  • The measure will provide security agencies with further surveillance power.
    09/05/2018
    “Privacy is not absolute,” said Five Eyes (US, UK, Canada, Australia and New Zealand) and tech...
  • Isfahan Hosts IASP 2018 World Conference
    09/05/2018
    The 35th world conference on science parks and areas of innovation kicked off on Monday in the central city of Isfahan. Attended by Science Minister Mansour Gholami and Vice President for Science...
  • Iran Embraces Crypto Mining
    09/05/2018
    The administration of President Hassan Rouhani has accepted crpytocurrency mining as an industry that needs to be developed in Iran, the secretary of the High Council of Cyberspace said. "Outlooks...
  • Jump in Commerce With Georgia
    09/05/2018
    Iran traded 185,352 tons of non-oil commodities worth $69.05 million with Georgia during the first four months of the current fiscal year (March 21-July 22). This indicates a 71.65% and 32.2%...
  • List of Subsidized Imports Gets Longer
    09/05/2018
    Seventy-five new items have been included among essential goods that can be imported by receiving foreign currency at the subsidized rate. This has been announced by Minister of Industries, Mining...
  • Trade With China Rises  to $19.6b in H1 2018
    09/05/2018
    Iran’s trade with China amounted to $19.66 billion during the first half of 2018, registering an increase of 2.2% compared with last year’s corresponding period, Chinese ambassador to Iran said....
  • 2nd Int’l Marine Exhibit Scheduled for Sept. 24
    09/05/2018
    The Second International Comprehensive Marine Exhibition is scheduled to open at Tehran International Fairground on Sept. 24. According to the official website of the event at Marineex.ir, the...
  • Bank Maskan Mulls Offering Bigger Loans With Lower Interests
    09/05/2018
    Bank Maskan, the state-run agent bank of the housing sector, is considering the possibility of increasing the ceiling of home loans while reducing their interest rates to boost the people's...
  • Line Corp. to Raise $1.33b Through Convertible Bonds
    09/05/2018
    Japan’s Line Corp. said on Tuesday it would raise about 148.1 billion yen ($1.33 billion) by issuing...
  • Mobile phone shops in central Tehran (File Photo)
    09/05/2018
    Iran’s Communication Regulatory Authority is poised to tap into the potential of the already operational Cellphone Registry Scheme to exert further control on the bullish mobile phone market, curb...
  • JICA Strengthening Economic Relations Between Iran, Japan
    09/05/2018
    The general policy of the Japanese government and Japan International Cooperation Agency is to...
  • TEDPIX Surges 2% in Tue. Trade
    09/05/2018
    Tehran Stock Exchange’s main index gained 2,726.03 points or 2.02% on Monday to end trading at 137,983.8. About 3.16 billion shares valued at $60.02 million changed hands at TSE for the day....
  • Exports From Imam Khomeini Port Grow 8%
    09/05/2018
    More than 4.93 million tons of non-oil commodities were exported from Imam Khomeini...
  • Call for Cheap Currency Elimination
    09/05/2018
    President of Iran Chamber of Commerce, Industries, Mines and Agriculture called for the total elimination of cheap currency offered at the 42,000-rial exchange rate. Speaking at the 77th Government...
  • Belgium Underlines EIB’s Support for Investment in Iran
    09/05/2018
    Minister-President of Belgium’s Flanders Region Geert Bourgeois said the European Investment...
  • Peanuts Imported From Five Countries
    09/05/2018
    More than 4,124 tons of peanuts worth $5.43 million were imported into Iran from five countries during the first four months of the current Iranian year (March 21-July 22), the latest figures...
  • Over 18K Tons of Livestock Feed Exported
    09/05/2018
    Iran exported 18,239 tons of livestock feed worth $7.43 million during the first four months of the current fiscal year (March 21-July 22), latest data released by the Islamic Republic of Iran...
  • CBI Reassures Forex  Flow as Rally Persists
    09/05/2018
    As the intense rally persists in the foreign currency market, the Central Bank of Iran issued a statement on Tuesday to assure the public that the bank's main concern continues to be provision of...
  • New Appointments at CBI
    09/04/2018
    Abdolnasser Hemmati, the governor of the Central Bank of Iran, on Monday officially appointed Farhad Hanifi the new deputy for supervisory affairs. He replaces Farshad Heidari who was selected as...
  • Government Bans Sugar Export
    09/04/2018
    In a letter to the Islamic Republic of Iran Customs Administration’s Export Affairs Bureau, the Ministry of Industries, Mining and Trade announced that sugar export has been banned. The decision...
  • Ways of Regulating Cryptocurrency
    09/04/2018
    The research arm of Iran’s Parliament has dedicated its latest analytical study to virtual currencies, once again calling for calculated and well-assessed regulations to employ them in the economic...
  • Tehran to Mark 70th Anniv. of IMO Establishment
    09/04/2018
    Secretary-General of the United Nations International Maritime Organization Kitack Lim will visit Tehran to attend a ceremony to mark the 70th anniversary of the establishment of the organization...
  • Volkswagen’s top-selling Golf model is among the vehicles still waiting to be cleared by authorities.
    09/04/2018
    German carmaker Volkswagen said only half of its VW branded passenger car models in Germany...

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