Following misleading reports in the media, the Central Bank of Iran has sought to set the record straight on the recent stream of foreign finance deals, saying the government is their sole…
Economy
Economy
The Institute for Trade Studies and Research, affiliated with the Ministry of Industries, Mining and Trade, has published a report that proposes short-, mid- and long-term solutions to reform…
Economy
Governor of the Central Bank of Iran joined hands with the heads of two key ministries late Monday to coordinate and accelerate efforts to implement a stimulus package worth 500 trillion rials…
Economy
The output of Iran’s major phosphate producer, Esfordi Phosphate Industrial & Mineral Complex, reached 28,262 tons during the first five months of the current fiscal year (March 21-August 22…
Economy
Tehran Stock Exchange investors on Tuesday seemed intent on propping up the market, as the index started rising 15 minutes into the market’s open.
TSE’s main index jumped by 929.40…
Economy
President Hassan Rouhani has assigned missions and priorities to his ministers and has asked them to hand in their practical agendas to accomplish the same within two months to the Presidential…
Economy
Over 24,640 meters of underground mining exploration were undertaken in the last fiscal year (ended March 20, 2017) by Iran Minerals Production and Supply Company, IMPASCO’s head of exploration…
Economy
Two major banks and 10% of Iran’s stock exchange market are controlled by the Ministry of Cooperatives, Labor and Social Welfare.
Cooperatives Minister Ali Rabiei added that four pension…
Economy
The Industrial Development and Renovation Organization of Iran signed a memorandum of understanding with the Russian Trade and Economic Development Council on Tuesday for expanding cooperation…
Economy
Close to 388 kilograms of caviar worth nearly 31.5 billion rials (around $965,400) were exported from Iran during the five months to August 22, registering a 10.5% and 3% fall in weight and…
Economy
An Iranian delegation comprising 30 members of Iran Chamber of Commerce, Industries, Mines and Agriculture active in the fields of construction, food, energy, banking, carpet and textile left…
Economy
The French Ministry for the Economy and Finance is planning to grant a €70 million loan to Iran for the renovation of the country's airport equipment and radars, said Jean-Baptiste Lemoyne,…
Economy
The second Iran iOS Developers Conference will be held in Tehran on Thursday.
It will include workshops and speeches by professionals, according to Evand.com, a local website that lists…
Economy
The first mass-market 5G smartphones will become commercially available by 2019, according to Qualcomm CEO Steven Mollenkopf, due to increasing demand from the consumer and business segments…
Economy
A local startup dubbed ‘Paklean’ has launched a new service that provides users with on-demand laundry and dry-cleaning services. In addition to its website, paklean.com, the startup offers…
Economy
No more than just a few years have passed since Iranian fintech companies have entered the country's banking sector, but a closer look at registered startup companies reveals that online fintech…
Economy
The Hong Kong branch of Melli Bank London PLC, a subsidiary of Bank Melli Iran, has officially restarted its operations, the chief executive of BMI announced.
Economy
Since the implementation of the Central Bank of Iran’s directive decreeing banks and credit institutions cap their interests on one-year deposits at 15% from September 2, lenders have largely…
Economy
Tehran Stock Exchange’s main index jumped 497.90 points or 0.59% to end Monday trade at its 45-month high of 84,414.5.
The index’s escalating upward motion initiated at 9 a.m. It only…
Economy
The government has turned to various experts for assessing the steel industry’s status quo and analyzing its expansion program’s progress and shortcomings in the last few years.
The…
Economy
Tamin Petroleum and Petrochemical Investment Company is expected to become Tehran Stock Exchange’s largest listed firm in terms of nominal capital once it undertakes a capital increase of 38…
Economy
Iran’s confectionery industry has about 1,100 active production units, over 95% of which belong to the private sector.
According to Chairman of Agriculture Commission of Tehran Chamber…
Economy
An Iranian official said the country’s airport organization has concluded no deals with foreign firms on developing its aviation infrastructure since January 2016 when Tehran and world powers…
Economy
The wheat cultivation season will begin in the next two to three days and it is estimated that between 13.4 million and 14 million tons of the staple crop will be produced next year, an advisor…
Economy
The production of beverages makes up 7% of the Iranian food industry’s value added.
Economy
