Since the inflation rate has continued to decline in the last four years, businesses expect the Central Bank of Iran to strictly monitor the implementation of the new CBI directive to lower…
Economy
Foreign finance deals worth about $30 billion will be clinched soon, the head of the Organization for Investment, Economic and Technical Assistance of Iran announced at a major economic event.…
Referring to the dearth of incentives as a key impediment to export promotion in Iran, Mohammad Shariatmadari, the new minister of industries, mining and trade, said the government should employ…
When Iran signed an agreement with world powers to limit the scope of its nuclear program in 2015 in exchange for the lifting of international sanctions, President Hassan Rouhani’s…
Close to 565,000 tons of goods worth over $1.15 billion were exported from Sistan-Baluchestan Province during the first four months of the current Iranian year (started March 21).
More than 138 million tons of goods have been loaded and unloaded so far in the current Iranian year (started March 21), registering a 3.7% rise year-on-year. Non-oil goods accounted for 49…
Tehran Stock Exchange’s main index gained 239.90 points or 0.29% to end Tuesday trade at 83,252.
About 851 million shares valued at $95.52 million changed hands for the day.
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After a lengthy negotiation, the Renault Group finalized a contract for a joint venture with Iranian carmakers on August 7.
The average Producer Price Index in the 12 months ending August 22, which marks the end of the Iranian month of Mordad, increased by 7.6% compared with last year’s corresponding period, the…
The financially embattled Esfahan Steel Company has been drowning in debt for the past few years, but the veteran Iranian steelmaker’s latest production data indicate it is slowly finding a way…
Privately owned Internet service provider (ISP) HiWeb will start its initial public offering this week on Tehran Stock Exchange’s secondary index.
According to the official website of…
Fitbit has a full-fledged smartwatch. But can it compete with Apple Watch?
Squared-off, metal, a slightly curved screen, the new smart watch is attempting to take on the Apple crowd,…
China is cracking down on censorship once again, but this time things are a touch more serious.
According to new rules published by China’s main Internet censor last Friday, individuals…
Four new air navigation radar systems dubbed ‘Negah’, ‘Sami’, ‘Sama’ and ‘Basir’ were inaugurated Monday morning in the presence of the commander of the Khatam al-Anbia Air Defense Base.
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South Korea’s Ambassador to Tehran Kim Seung-Ho, has said that his country will help Iran boost its technical knowhow in industry. “South Korea is set to supports Iran in further firming the…
The euro gained against rial on Monday in Tehran’s market to register a new record for the European currency, as it surges in global markets.
The insurance industry has managed to earn 88.5 trillion rials ($2.3 billion) from premiums during the first four months of the current Iranian year (started March 21).
According to new…
Capital Intelligence Ratings, the international credit rating agency, has released its ratings for two Iranian private insurance firms, revising one insurer’s outlook to “positive” and giving a…
Iran is in dire need of foreign finance after years of hard-hitting sanctions and more than glad to wrap up deals worth $40 billion negotiated or agreed upon in the post-sanctions era.
A total of 5.8 trillion rials ($151.59 million) in bond yields will be paid to investors in Shahrivar (Aug. 23-Sept. 22)–the sixth month of the current Iranian year, Hadi Alipour, an official…
Tehran Stock Exchange’s main index gained 127.10 points or 0.15% to end Monday trade at 83,012.1.
About 1.2 billion shares valued at $68.59 million changed hands for the day.
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More than 22,000 tons of carded and uncarded cotton worth close to 1.54 trillion rials ($47.4 million) were imported into Iran during the first four months of the current fiscal year (March 21-…
Iran Mercantile Exchange witnessed the trading of more than 2.84 million tons of commodities valued at $1.17 billion during the fifth month of the current fiscal year (July 23-August 22),…
When Iran’s Ministry of Roads and Urban Development said last year the country's ever-increasing railroads will work below capacity if more railcars are not imported, the domestic railcar makers…
More than 7,350 tons of pumpkins worth over 75 billion rials ($2.31 million) were exported from Iran during the first four months of the current fiscal year (March 21-July 22), the Islamic…
