Iran Mercantile Exchange’s industrial and mining trading board witnessed the supply of 50,220 tons of I-beams by Isfahan Steel Company on Saturday. About 49,300 tons of bitumen, 8,910 tons of…
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
Economy
Data released by the Central Bank of Iran show that the banking sector has issued 368 million cards (including debit, credit and gift cards) in the period from November 2004 up until October 2015…
Economy
Implementation of the nuclear deal with the six world powers, known as the Joint Comprehensive Plan of Action, offers a golden opportunity for lifting the economy from the crippling morass,…
Economy
Iran is facing a mountain of government debt estimated at 5,400 trillion rials ($179.2 billion), according to the Economy Minister Ali Tayyebnia. The figure is almost six times the accessible…
Economy
The government should move toward supporting small and medium-sized enterprises in order to improve the manufacturing sector, said Rahim Zare the speaker of the Parliament’s Economic Commission.…
Economy
The Second International Conference on Holding Companies alongside a festival of top Iranian holdings will be held in Tehran on January 25, 2016. Islamic Republic of Iran Broadcasting’s conference…
Economy
The Producer Price Index for the industrial sector in the 12-month period ending June 21, which marks the end of spring, increased to 11.1% compared with the same period of last year, according to…
Economy
A total of 8.8 million tons of oil and non-oil goods crossed Iran’s borders during the nine-month period that ended on December 22, says director general of Transit and Border Terminals Bureau. “…
Economy
More than 600 people engaged in public relations and advertising will converge on the IRIB International Conference Center in Tehran on January 9 and 10 for the First National Advertising Festival…
Economy
The Iranian government has invested substantially in the development of the healthcare system, with investments paving the way for an increase in the number of doctors and hospitals, although…
Economy
Mercedes-Benz has reportedly signed off on a new platform for electric cars, with four new electric cars planned–two saloons and two crossovers.
Economy
Honda Motor Company confirmed on Thursday that a Takata airbag inflator ruptured in a July crash of a Honda Accord and likely led to the death of the young driver, the ninth death in the world…
Economy
Imagine the car of the future. It’s not a Tesla. Rather, it’s 3D printed and recyclable.
According to a report published by Forbes, Arizona-based Local Motors plans to debut its…
Economy
The British automotive industry has been littered with marques that have long-since disappeared: Austin, Triumph, TVR... But one of the greatest and most innovative of them all was Jensen. And now…
Economy
Persia Khodro, the Iranian representative of Germany's BMW in Iran, opened a new after-sales service center in northern Tehran last week. This is the 17th BMW after-sales service center set…
Economy
The Export Guarantee Fund of Iran has increased its capital to insure exporting ventures up to $5 billion, an official said Friday. Vahid Rezaei added that the fund plans to double its coverage of…
Economy
Iran and China are planning to sign a currency swap agreement, according to Iran’s ambassador to Beijing, Ali Asghar Khaji.
Iran has been trying to avoid dollar transactions since the…
Economy
A government scheme to finance the renovation of old urban areas has been finalized and Bank Maskan -- which specializes in housing loans—will start lending 50,000 applicants by the yearend…
Economy
Opening up the economy to entrepreneurs and businesses in after the sanctions are lifted is a government priority, said Mohammad Nahavandian, president Rouhani's chief of staff. Preparing for the…
Economy
Alliance Reseau Courtage Assurance will enter Iran's insurance market to cover the transport sector in the post-sanctions era, said the insurer's representative in Iran.
Economy
Asian Bankers Association has accepted Bank Hekmat Iranian’s request for membership, said Nader Hasanpour, the bank’s deputy for international affairs, banker.ir reported. BHI intends to…
Economy
The strengthening of the US dollar against the Iranian rial as a result of a rate rise by the Fed will boost Iranian exports and make Iran’s assets frozen overseas more valuable once sanctions are…
Economy
Tehran Stock Exchange’s all-share index TEDPIX rose 270 points or 0.44% during the past week compared to the previous trading week to end at 61,691. More than 2.2 billion shares changed hands in…
Economy
Iran plans to boost investment in exploration, mechanized exploitation, as well as mid-stream and down-stream projects to enhance sustainable development. The target is to increase mining’s…
Economy
Steel exports will reach a record high of 3 million tons by the end of the current Iranian year (March 19, 2016), says the head of Iranian Mines and Mining Industries Development and Renovation…
Economy
