Economy

Over 120 exhibitors from Iran and other countries will participate at the first international exhibition of exchanges, banks, Insurance, capital market and privatization (EBEX 2014) on Kish Island…

The Iran Mercantile Exchange (IME) has said petroleum products and petrochemicals trades during the first six months of the Iranian calendar (March 21-September 22) witnessed increases both in…

A new supply of liquidity into the equity market, along with the increased interest of funds in buying shares, has led to 91.9 percent surge in TSE’s weekly trade volume, SENA reported.

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The government has pledged to earmark fresh funding for small and medium enterprises, deputy minister of industry, mines and trade said Friday. “We hope that we can help reactivate those small…

A lawmaker said the ministry of roads and urban development is planning to use Chinese finance for several railway projects. Ebrahim Karkhaneh said one of the national projects which uses Chinese…

Iran’s import from the US increased 40% in the sixth month of the Iranian calendar (August 23-September 22), reported ISNA. Based on statistics, 2,297 tons of American goods worth $14.52 million…

The value of exports rose 34% in the Iranian month of Shahrivar (August 23-September 22) compared to the similar period last year, reported Tasnim news agency. During the period, exports exceeded…

The National Development Fund of Iran (NDFI) has agreed to provide 1.7 trillion rials ($63.7 million) of the total budget needed for nomadic tribes to produce meat. Bank Keshavarzi is responsible…

Iran has great potential to export flowers to regional nations if authorities help producers address their problems, an official said.

Bank Melli has announced it will sell 20 trillion rials worth of its assets and equities by the end of the year, said CEO Abdolnasser Hemmati on Wednesday. He said 10 trillion rials in the bank’s…

Iran Mercantile Exchange is planning to go beyond the Iranian market by expanding its international collaboration with the suppliers, traders and other mercantile exchange's across the globe, an…

Iran’s deputy minister for labor has announced that the 65% of people who enter vocational courses are able to find employment. Kourosh Parand said those who take vocational courses would greatly…

Ports in the southwest of the country’s Khuzestan province handled more than 23 million tons of oil and non-oil products in the first half the current Iranian year- which started March 21, the…

In the first five months of the current year (March 21 – August 22, 2014), 11.9 million tons of industrial commodities worth around $5.5 billion and 11.3 million tons of mineral commodities worth…

The proposal calling for an increase in mortgage ceilings for the Mehr housing units has finally landed in the Central Bank of Iran to be reviewed.  

The service sector in Iran, like many other countries, is gradually contributing more to the GDP growth than other sectors of the economy.

Ireland Ministry of Agriculture, Food and the Marine has approved the veterinary certification for exporting beef to Iran and will start the process soon, following negotiations between Irish and…

Global imbalances in trade and investment flows have shrunk by more than a third since peaking eight years ago and are likely to stay lower in the future, diminishing their threat to the global…

France’s public debt has topped the symbolic level of 2.0 trillion euro for the first time, according to official data Tuesday, putting Paris on a fresh collision course with the European Union,…

Declining inflation and an improving macroeconomic environment will boost the outlook for Iranian banks in 2014 and 2015, and the industry will return to growth this year, a report by Business…

As Tehran International Permanent Fairground, the most famous exhibition site in the capital, is preparing to host the 15th Iran Telecom Exhibition later in October, officials say more than 20…

The ministry of communications and information technology is planning to replace the current Internet Protocol version 4 (IPv4) with Internet Protocol version 6 (IPv6) --the latest version of the…

The Rouhani administration has allocated 110 trillion rials (more than $4 billion) to civil construction projects in the first six months of the current Iranian year (March 21-September 22),…

First Vice President Es’haq Jahangiri has called for the budget and planning committee of the parliament to help the administration out of economic problems.

In a meeting with the…

A Belgian diplomat has said that businesses from her country plan to share their latest technical achievements in textile industry with Iranian industrialists, IRNA reported on Tuesday. A Belgian…