Retail prices of bread will increase by 15% as of Nov. 22, the head of Iran’s Traditional Bakers’ Union said.
Economy
Economy
The First International Exhibition of Edible Oils, Oilseeds and Related Products, Machinery and Industries, also known as Seedex 2017, is scheduled for Nov. 28 to Dec. 1 in Tehran.
Economy
Iran Chamber of Commerce, Industries, Mines and Agriculture, in conjunction with the Planning and Budget Organization of Iran, has released a comprehensive list of unfinished government projects…
Economy
In coordination with the Iraqi government, Shalamcheh and Chazzabeh border crossings in Iran’s southern Khuzestan Province reopened on Wednesday.
Economy
The Iranian Ministry of Industry has instructed local carmakers and their foreign partners to submit reports of their activities and achievements.
Deputy minister of industries, Mohsen…
Economy
Electric vehicle charging facilities which draw on 100% renewable energy from street lampposts are set to be placed on the streets of Kensington and Chelsea, creating the largest network of its…
Economy
Volkswagen says it obeyed the law in the payment of its works council chief, Bernd Osterloh, whose office was raided on Tuesday along with those of its chairman, finance chief and head of…
Economy
A Tehran City Council member has censured the excessive amount of advertisements on Tehran’s Bus Rapid Transit fleet.
Nahid Khodakarami says, “The current bus advertisings go far beyond…
Economy
SAIPA, Iran’s second-largest carmaker, has announced the price of its latest model Quick. The company wants 420 million rials ($10,500) for the small hatchback, local automotive website Asbe…
Economy
The CEO of Franco-Italian planemaker ATR says its contract with Iran stands firm and that deliveries will be made as per schedule.
Economy
Around 284,450 tons of palm oil worth over 730.15 billion rials ($223 million) were imported into Iran from seven countries during the seven months to Oct. 22, registering close to a 50%…
Economy
Iran has ranked 140th in the latest World Economic Forum annual report on “The Global Gender Gap”—a one-notch drop from last year’s 139th.
The WEF report gave Iran a score of 0.583 in…
Economy
Tehran Stock Exchange’s main index gained 117.30 points or 0.13% to end Tuesday trade at 87,949.8.
About 985 million shares valued at $44.8 million changed hands on the day.
…
Economy
The government’s revenues in the first half of the current fiscal year (March 21-Sept. 22), including tax proceeds, amounted to 567.8 trillion rials ($14.19 billion), registering a 3.7% decline…
Economy
As part of the European Union’s trade mission visiting Iran, headed by chief of EU’s Agriculture and Rural Development Commission, Phil Hogan, the exchange of technology and know-how was…
Economy
The total volume of term deposits attracted by the Iranian banking system in the six months to September 22 has hit 11.36 quadrillion rials ($275.4 billion), which indicate a growth of 25.5%…
Economy
A motion proposed by parliamentarians aimed at reforming the ailing banking system reportedly excludes the limited authority the private sector currently has in financial decision-making, which…
Economy
The Central Bank of Iran has reached a deal with the Czech Republic's export credit agency for facilitating and expanding trade ties as well as improving the level of investments.
The…
Economy
With the support of the Information and Communications Technology Committee affiliated with the vice presidency for science and technoogy, Iran’s biggest bank has clinched a deal with one of the…
Economy
Iranian state-owned animal feed importer SLAL has issued international tenders to purchase up to 200,000 tons of feed barley and 200,000 tons of corn. The tenders close on Dec. 17, they said.…
Economy
As per a regulation ratified by the government on Nov. 8, bananas can be imported into Iran at a low tariff of 5% if oranges are exported in return.
If traders want only to import…
Economy
The Ministry of Agriculture has listed eight agro products under its export promotion policy and is currently in the process of forming a unified production and supply chains for each.
…
Economy
Irish beef from across the EU may soon be destined for Iran following a new export deal.
EU’s Agriculture Commissioner Phil Hogan said significant progress had been made toward…
Economy
President Hassan Rouhani has submitted to the parliament the bill aimed at joining the International Convention for Combating the Financing of Terrorism.
Economy
The US dollar rose close to its highest registered value against the rial on Monday, as the Iranian currency also lost against a slew of other major currencies.
According to Tehran Gold…
Economy
