Minister of Industries, Mining and Trade Reza Rahmani: Iran accounts for 62% of the Middle East’s steel output. (IRNA)
Economy
Deputy Minister of Roads and Urban Development Hamed Mazaherian: The housing market is bracing for recession. (ILNA) Navy’s Deputy Commander Rear-Admiral Touraj Hassani-Moqaddam: Marine…
President Hassan Rouhani has sounded the alarm on the worsening water crisis saying his administration invested $11.5 billion in the water sector after he took office in 2013.
Secretary of Supreme National Security Council, Ali Shamkhani: The economic war the US has waged against the Islamic Republic is Iran's most pressing issue today. (IRNA)
Governor of the Central Bank of Iran, Abdolnasser Hemmati: Iran has launched mutual financial channels with a number of world states for money transactions to confront the US sanctions. (Fars…
President Hassan Rouhani: The US withdrawal from JCPOA and reinstatement of sanctions against the Islamic Republic of Iran are undoubtedly a clear instance of 'economic terrorism'. (Fars News…
Ambassador of the Islamic Republic of Iran to the Russian Federation Mehdi Sanai: The past nine months have seen Iran’s exports to Russia increase by 42%. The two nations’ overall trade has…
Iran's global ranking in terms of ease of doing business declined in the latest 2019 report published by the World Bank. A prominent Iranian business representative says it will drop…
Switzerland is holding talks with the United States and Iran about launching a humanitarian payment channel to help ensure food and drugs keep flowing to the Islamic Republic amid tightened US…
The ban placed by Afghanistan as of Sept. 16 on the import of Iranian oil products, cement, steel products, tiles and ceramics through Farah border crossing has been officially lifted.
Mohammad Baqer Nobakht, the head of Plan and Budget Organization of Iran, says despite sanctions, the government’s financial resources have increased more than 20% in the first seven months of…
The Agriculture Ministry plans to establish 2,763 hectares of greenhouses by the end of the current Iranian year (March 20, 2019), which needs investments worth 8 trillion rials ($53.5 million…
Mohammad Eslami, the nominee of President Hassan Rouhani to take the helm of the Ministry of Roads and Urban Development, has outlined his plans and priorities in heading the ministry at a…
1. Deputy Oil Minister Ali Kardor: Foreigners can now buy oil from Iran through the Iran Energy Exchange [aka IRENEX]. (IRNA) 2. Chairman of Iran-Azerbaijan Chamber of Commerce Behrouz…
A new European Union mechanism to facilitate payments for Iranian exports should be legally in place by Nov. 4, when the next phase of US sanctions hit, but will not be operational until early…
Foreign Minister Mohammad Javad Zarif in a closed session briefed lawmakers Tuesday about the ‘Iran Action Plan’ with the global ant-money laundering body the Financial Action Task Force.…
Head of the Central Insurance company of Iran announced that 100 trillion rials ($716.84 million) worth of insurance debt securities will be issued in the near future, IBENA reported.
Secretary of the High Council of Free Trade Zones and Special Economic Areas said the establishment of an international bourse in Iran's FTZ's is in the final stages to help attract foreign…
Tehran Stock Exchange’s main index lost 2,460.16 points or 1.31% on Tuesday to end trading at 185,318.7. About 2.75 billion shares valued at $72.73 million changed hands at TSE for the day.…
As Tehran's residential housing market was experiencing a reversal and coming out of a long recession last year, the capital city's commercial properties market was sinking into stagnancy,…
A total of 1,820 tons of processed chicken feet were exported from Iran's northern Mazandaran Province to Hong Kong, Myanmar and Vietnam in the first half of the current Iranian year (March 21-…
Tehran Stock Exchange’s main index lost 1,659.08 points or 0.88% on Monday to end trading at 187,778.9. About 3.24 billion shares valued at $83.99 million changed hands at TSE for the day.…
Iran’s Logistics Centers Planning Document, which aims to reduce transportation expenses by up to 30% when fully implemented, was ratified by the High Council of Transportation on Aug. 21 and…
The nominal value of Iran's debt market stood at 929.81 trillion rials ($6.57 billion) on Monday. The figure was 717.61 trillion rials ($5.07 billion) in the beginning of the current fiscal (…
The fifth edition of the International Exhibition of Exchange, Banking, Insurance and Privatization, being held along with the 10th edition of the Exhibition on Iran’s Investment Opportunities,…
