Economy

The government aims to create a positive trade balance through deregulating foreign trade and empowering domestic businesses to compete in international markets, the head of the Trade Promotion…

An Iranian delegation headed by the governor general of Mazandaran Province, Rabie Fallah, is in Bishkek to meet Kyrgyz officials for negotiations over the expansion of bilateral economic…

Iran’s new foreign policy has led to advancements in the ongoing nuclear talks with the P5+1 group of six world powers. This has created a good setting for the increase of cooperation in various…

The administration will allocate 5.8 trillion rials ($217 million) to various production and industrial companies, Mohammad Shariatmadari, the vice president for executive affairs…

The Money and Credit Council has ratified a new directive according to which gold importers will no longer need to guarantee that they will return the gold or bring back the equivalent cash in…

The Central Bank of Iran needs to focus on strengthening the national currency before it is able to operate as an autonomous body, said the president of the Coordinating Council of CEOs of State-…

Nasco Karaoglan France (NKF) – a provider of insurance and reinsurance services for emerging markets – has opened an office in Tehran, marking a new chapter with the presence of European agencies…

A hundred foreign and Iranian companies have confirmed that they will participate in the 7th Biannual Iran Kish Air Show to be held on November 18 in Kish Island.

85 Iranian and 15 foreign…

A market expert in Tehran has urged the government to help control “systematic risk” at Terhan Stock Exchange, an attempt he believes can encourage more investment in the equity market.

The Azadi Bullion coin made a rebound from a 10-month low, as lower prices spurred more buying. After three consecutive days of decline, Azadi went up by 0.61 percent, and hit 9,055,000 rials at…

Iran Central Plateau Iron Ore Mines Complex (ICEP) launched its initial public offering (IPO) for 50,000 tons of graded iron ore with the base price of $36 per ton on the export trading floor at…

In Iran, smoking has for centuries meant using the waterpipe, which is called Qeliun in Persian. But the 19th century saw the advent of a very different product. The cigarette was introduced to…

The head of the Securities and Exchange Organization on Wednesday announced an imminent launch of a foreign currency market in Tehran for the first time. The market is seen as an Iranian version…

A trade fair featuring Iranian-made products has started its operations in Tajikistan on Wednesday in the presence of Khorasan Razavi Governor, Alireza Rashidian. Some 84 Iranian companies have…

Iranian and Iraqi businessmen must set up joint companies to boost bilateral trade, deputy director of Iran Chamber of Commerce, Industries and Mines, Ali Mirmohammad-Sadeqi, said on Wednesday. “…

Transactions in the housing sector rose 40 percent in Mehr (September 23-October 22), as market seems unlikely to see another jump in prices in the coming weeks, the head of the real estate union…

The office of vice president for strategic planning and supervision has approved the allocation of 12,000 billion rials ($450 million) in subsidies to the manufacturing sector, as announced by the…

Iran and the United Nations Industrial Development Organization (UNIDO) have developed a very effective cooperation on the issue of employment, Minister of Cooperatives, Labor and Social Welfare,…

Non-oil exports will reach $48 billion by the end of the current Iranian year (March 2015), a number that shows more markets have opened to Iranian-made products, Secretary of the Tehran Chamber…

The ministry of cooperatives, labor, and social welfare is studying a bill that gives employers the right to fire an employee anytime, but, at the same time, makes them responsible to shift…

Iran’s import registration procedures should be modified to facilitate imports and foreign trade in general, the Deputy Minister of industry, Mine and Trade, Valiollah Afkhamirad, said on…

The necessity of adopting a preferential tariff system, as well as promoting free trade policies among Muslim countries was highlighted by the minister of industry, mines and trade on the…

The private sector on Tuesday criticized the government for failing to include a specified section in next year’s budget bill to address the rising government debts to contractors.

The realization of the Economy of Resistance depends upon being connected with a knowledge-based economy, the president of Zanjan Science and Technology Park told IRNA on Tuesday.

One of the main factors behind Iran’s continuing recession is anemic financing. Tehran’s lauded equity market, though one of the largest in the Middle East, is still immature and unable to provide…