Economy

T he equity market has showed a spurt it has not experienced since July. In less than a week, the market thundered away from the slump it has been in for over a month and added more than 2000…

Relieving the Central Bank of Iran from the influence of the government has become a hot topic in recent weeks as the Expediency Council, in charge of hashing out differences between the…

Private sector businesses have received about 130 trillion rials in loans from Bank Melli, according to the bank’s CEO Abdonnaser Hemmati. He added that only 54 people have borrowed half of the…

Over 355,000 tons of various commodities were traded on the spot market at the Iran Mercantile Exchange within the week ended Oct 22, valued at more than 7.4 trillion rials, IME’s public relations…

Boeing said on Wednesday it had sold aircraft-related goods to Iran Air in the third quarter, marking the first acknowledged dealings between US aerospace companies and Iran since 1979, Reuters…

The deputy minister for industry, mine, and trade said the ministry supports world-class mines; although small mines are definitely contributing to the domestic economy, reported Eghtesadnews.…

The government in September eliminated tariffs on raw iron ore in blocks or slabs, ore concentrate, and iron ore pellets, reported SENA.

Trade Promotion Organization (TPO) said the…

T he Tehran Stock Exchange (TSE) had a spectacular trading week, in the seven days that ended Oct 22, as the TEDPIX surged almost 3 percent to marking the benchmark’s highest growth in more than…

Iran has exported its first consignment of alumina or aluminum oxide to Tajikistan, the general manager of industry, mine, and trade office at North Khorasan province told IRNA.

Yahya…

A French delegation active in auto industry is about to visit Iran Khodro Industrial Group’s (IKCO) main facilities, Hashem Yekezareh, managing director of IKCO told ISNA.

Tehran and Amsterdam have discussed the expansion of bilateral trade ties during a meeting between the chairman of Iran’s chamber of commerce Gholamreza Shafei and his Ducth counterpart in the…

Farmers should not be burdened with paying high water prices, neither should low consumers in urban areas, presidential advisor Akbar Torkan told ILNA on Friday. “However, an increase in water…

Iran and Turkey have agreed to continue and broaden trade ties, Turkish Economy Minister Nihat Zeybekci said in meeting with the Iranian ambassador to Ankara, Alireza Bigdeli, as ISNA…

A trilateral agreement has been signed between the Iranian National Carpet Center (INCC), the governor of Fars Province and the provincial organization of industry, mine and trade for developing…

The amount of goods transited from Iran’s borders in the first six months of the year (March 21-August 22) shows 5.2% increase compared to last year’s figures, said Mohammad Atrchian, the director…

In a meeting with Qatari Minister of Economy and Trade Ahmad bin Jasim bin Muhammad Al Thani, Iranian Vice President, Eshaq Jahangiri, expressed Tehran’s readiness for the enhancement of…

Small industries are set to receive 250 trillion rials in loan facilities as allocated by the ministry of industry, mine and trade, said the deputy minister on Wednesday.

Trade between Iran and Russia is on the rise, as the two augment their economic ties to cushion the impact of Western sanctions imposed on each of them.

The president of the Institute for Trade Studies and Research called on Wednesday for developing a cluster and network for firms active in the aerospace industry.

Aras Free Trade Industrial Zone or AFZ for short is one of Iran’s most popular and bustling business frontiers anywhere in the country.

Situated in northwest Iran bordering Armenia,…

The Money and Credit Council set a three-year deadline for the commercial banks to sell their non-banking assets in the equity market.

The Money and Credit Council is tasked with considering a mechanism for establishing international banks in free trade zones, according to an official from the Center for Free and Special Economic…

Tehran Stock Exchange’s bullish trend calmed down and the stock market’s main indexes didn’t contribute that much as the TEDPIX rose only 0.03 percent on Wednesday.

Despite two broad…

The deputy minister of industry, mine, and trade said he would negotiate with the Chinese over Miyaneh steel project in order to make it operational by next summer, reported Irna.

The Securities and Exchange Organization (SEO) is gearing up to facilitate the process of attracting foreign investment in a bid to bolster the capital market, Ali Salehabadi, head of the SEO said…