Rail passengers are entitled to claim a full refund for a delay of over four hours for trains running from Tehran to Isfahan, Sari and Shahroud or a delay of over five hours for trips from Tehran…
Economy
Economy
Iran exported about $89 million worth of goods to Lebanon in the last fiscal year (March 2016-17), up from $83 million the year before, the deputy head of Trade Promotion Organization of Iran in…
Economy
Deputy Minister of Roads and Urban Development Mohammad Saeednejad said plans are underway to increase the capacity of Iranian ports to 250 million tons per annum in the next four years.
Economy
Iran is ready to make tariff concessions on a wide range of agricultural products, excluding wheat, refined oil, mineral water and cigarettes, within a free trade zone with the Eurasian Economic…
Economy
The Ministry of Economic Affairs and Finance has identified 59 most “appropriate” trading partners for Iran to achieve export-oriented growth.
Economy
Iran’s inflation rate just went above 10%, ending months of single-digit average CPI growth, which many considered one of the biggest achievements of President Hassan Rouhani’s economic team.
Economy
Colza production is estimated to reach 200,000 tons in the current Iranian year (March 2017-18) and register a threefold increase compared with the previous year, a deputy agriculture minister…
Economy
Indonesia Investment Coordinating Board has reported that Iranian companies and traders have embarked on 25 investment projects valued at $25.6 million in Indonesia during 2016-17, a senior trade…
Economy
Iran’s major ride-hailing companies have started expanding their range of services, each offering something “genuine” in the unending hunt for a bigger share of the pie.
Economy
A new startup ‘Yadease’ (meaning to learn easily) has launched a service that delivers a learning method to students or others who need to memorize something.
The app, which is supported by…
Economy
The 2017 International Exhibition of Electronics, Computers and e-Commerce (Elecomp 2017) will open next month with the way paved for startups to introduce and promote their businesses. The 23nd…
Economy
On the third day of summer, US dollar hit a one-month high against the rial in Tehran’s market.
According to Tehran Gold and Jewelry Union’s website, the greenback changed…
Economy
The Central Bank of Iran and the Money and Credit Council–a decision-making body–are mandated with deciding the interest rates and the banks’ views are only regarded as suggestions, the secretary-…
Economy
The Iranian Parliament has formed a special committee to address pressing economic issues facing the country, with a special focus on the banking system.
Economy
A member of Majlis Economic Commission has cautioned against the hasty merger of banks, stressing that this alone cannot solve the problems of the sector. “A hurried merger of banks is not…
Economy
The highly-consequential verdict of the Financial Action Task Force was issued in favor of Iran–albeit not to the country's expectations–as the global standard-setting body for anti-money…
Economy
Global slab markets could see further downward pricing pressure, if plans to build a plant for slab production in Iran come to fruition.
Companies from Iran and Austria will collaborate to…
Economy
Some 189,400 tons of textile products worth more than $1.13 billion were exported in the last Iranian year that ended March 20, 2017, registering an 8.1% rise in weight and a 1.7% decrease in…
Economy
Around 130 hectares of farms will, for the first time, go under the cultivation of cotton seedlings in Iran in the current Iranian year (started March 21).
According to Deputy Agriculture…
Economy
Chicken exports to Iraq and Afghanistan were resumed two weeks ago and at present between 4,000 and 6,000 tons of the product are exported every month, the head of Broiler Breeders Union said.…
Economy
For more transparency on the tax paid by football players, the Tax Administration of Tehran Province has tasked Iran Football League Organization to post all contracts on its website, director of…
Economy
The office for a working group tasked with following up the South-West Transport Corridor will be established in Tehran, an official with the Islamic Republic of Iran Railways said.
…
Economy
Iran Mercantile Exchange has begun listing livestock for exports. Fifty Holstein cattle offered by Iran’s capital market’s largest brokerage, Bank Keshavarzi Securities Company, were traded at IME…
Economy
Tehran Stock Exchange’s primary index TEDPIX gained 1,506.2 points or 1.95% during the first quarter of the current Iranian year (March 21-June 21) to end at 78,736.2. The over-the-counter Iran…
Economy
A close study of latest data released by the Ministry of Industries, Mining and Trade on the production of 55 selected industrial, mineral and petrochemical products during the two months ending…
Economy
