The president’s chief of staff, Mohammad Nahavandian, says sanctions imposed by the West on Iran over its nuclear energy program “will be hopefully lifted in the future.”
Economy
Economy
The ministry of roads and urban development will soon unveil a comprehensive plan for the housing sector which officials believe would help millions of people to own houses of their own.
…
Economy
Minister of Cooperatives, Labor and Social Welfare Ali Rabiee said on Sunday that nearly 7 million people from the underprivileged strata of the society have so far received insurance ID cards. “…
Economy
President Hassan Rouhani ordered on Saturday the implementation of the decision earlier made by the Supreme Administrative Council to revive the Management and Planning Organization (MPO) with a…
Economy
The first Iran-Belarus joint commission will be held in March 2015 with the aim of strengthening bilateral economic, trade, and industrial relations, Iran’s Minister of Industry, Mine, and Trade…
Economy
A total of 242 Iranian and 10 foreign companies from Turkey, China, South Korea and Hong Kong are taking part in the 11th International Exhibition of Advertising, Marketing & Related…
Economy
The Iranian Cement Association said the only solution to the problems the cement industry currently faces is to let the private sector engage in cement production process, reported IRNA. Mohammad…
Economy
Individual and institutional investors’ unsettled sentiment is making them sell their stocks at rock-bottom price, as the equity market continues heading down, pushing the Tehran Stock Exchange (…
Economy
Iran supplies only 5% of Iraq’s annual demand for steel (8 million metric tons), a member of the Iranian Steel Producers Association (ISPA) told IRNA, adding that Iran’s share in Iraq’s steel…
Economy
In a metallic trading day at the Iran Mercantile Exchange (IME), Khuzestan Steel Company (KSC) offered almost 135,000 tons of bloom on the industrial and mining trading floor on Sunday, IME’s…
Economy
The financial statements have been signed to help remove the last obstacle in the way of privatization of the two major state-owned football clubs, Persepolis and Esteghlal, said Jaafar Sobhani,…
Economy
Mobarakeh Steel Company has established the first production line for interstitial-free (IF) steel, reported iribnews on Saturday. IF is mainly used in manufacturing car bodies. It has typically…
Economy
The new management of the Securities and Exchange Organization has provided a 5-year comprehensive plan to transform Iran's bank-based financial system into a market-based system – with special…
Economy
The administration would not tolerate any delays in the implementation of major steel projects across the country, said the minister of industry, mine and trade during his visit to a steel project…
Economy
The Iron Ore Producers and Exporters Association of Iran (IROPEX) criticized the government for a 300% increase in mining royalties, mentioning Australia as an example that reduced the mining…
Economy
Railway development is quite costly and over $27 billion in infrastructure investment is required to transfer 20 percent of freight and passenger traffic from road to rail by 2025, Abbas Akhundi,…
Economy
Farmers want the Rouhani administration to increase the guaranteed price for wheat at the official exchange rates, Masoud Asadi, the chairman of the supervision council of agricultural…
Economy
Inflation decreased further in the Iranian month of Azar (ending December 21) to 17.2 percent, the Central Bank of Iran said Saturday, though the year-on-year inflation shows an increase for the…
Economy
Iran’s exports to Italy reached $79.2 million in October 2014 from $10.24 million in October 2013, recording an eightfold increase compared with the same period last year, TNA reported Saturday…
Economy
Member of parliament and chairman of the Budget and Planning Committee, Gholamreza Mesbahi Moghadam, has proposed restricting government cash subsidies “only to those at the bottom” of the…
Economy
Iran’s new Ambassador to Tajikistan Hojatollah Faghani and Tajik Minister of Labor, Migration, and Employment Sumangul Tagoeva on Saturday explored avenues for bolstering bilateral cooperation in…
Economy
Import tariff on home appliances has increased this year to 85 percent from 55 percent last year, said Habibollah Ansari, secretary general of the Home Appliance Association, as reported by IRNA.…
Economy
Iran’s Trade Promotion Organization (TPO) and the Islamic Republic of Iran Customs Administration (IRICA) have signed a memorandum of understanding (MoU) to create an integrated online system for…
Economy
One hundred airplanes are grounded in Iran due to financial problems of domestic airliners caused by western sanctions, Mohammad Ali Ilkhani, managing director of the Iranian Airports Company (IAC…
Economy
Currency prices will not fluctuate like the past, as the central bank now has the power to calm the market, said economy minister Ali Tayebnia. He responded to a question on whether the recent…
Economy
