Tehran Stock Exchange’s main index gained 946 points or 1.2% during the week that ended April 19 to close at 79,597.
IFX, the over-the-counter Iran Fara Bourse’s benchmark, gained 14 points…
Economy
Economy
The Industrial Development and Renovation Organization of Iran has signed a joint venture contract with Russia’s CJSC Transmashholding to manufacture 500 wagons in Iran.
Economy
Iran’s cement industry is operating at half capacity, the deputy head of Cement Employers Association said. Even so, Morteza Lotfi added, there is not enough demand inside the country, IRNA…
Economy
Using new gene-editing technology, US researchers have rewired mouse stem cells to fight inflammation caused by arthritis and other chronic conditions in a landmark experiment which could be used…
Economy
Microsoft Corp slightly missed Wall Street’s average revenue estimate for the latest quarter on Thursday, as sales of its Surface tablets and laptops slumped in the face of revamped competition in…
Economy
Head of the Mobile Telecommunication Company of Iran (locally known as Hamrahe Aval) said at the company’s general assembly meeting that MCI has attracted 103 trillion rials ($2.7 billion)…
Economy
Some $3.5 billion worth of foreign direct investments have been made in Isfahan Province since President Hassan Rouhani took office in August 2013.
Most of the investments have been made…
Economy
In spite of US President Donald Trump’s inflammatory remarks on the nuclear deal (formally referred to as the Joint Comprehensive Plan of Action) and their negative impact, there is room for…
Economy
The Central Bank of Iran has notified regulations for digital and mobile payments to the banking network.
According to CBI's website, the technology to be used in the payment process is…
Economy
The Central bank of Iran is determined to navigate moneychangers back to their original activities and leave banking operations to banks, said the head of the Department for Banking Supervision at…
Economy
The two-term government of former president, Mahmoud Ahmadinejad, was responsible for a whopping surge in home prices throughout the country, the head of Tehran Association of Builders said.”…
Economy
An integrated database will be formed to publicly release information on government-run companies, banks and insurance firms, which will help assess and rate their performance, announced the…
Economy
India is fast-tracking its plans to complete two new terminals at Iran’s Chabahar Port with the tendering process already underway, India’s transport minister said.
The agreement for…
Economy
About 2.25 million tons of rice are estimated to be produced in Iran during the current Iranian year that started on March 21, the head of Iran Rice Council said. “This is almost the same amount…
Economy
Iran has received $15-20 million discount on the Airbus A330 passenger planes it has ordered from the European planemaker, a deputy minister of roads and urban development said. The A330 models’…
Economy
Minister of Roads and Urban Development Abbas Akhoundi met with Kyrgyzstan’s Parliament Speaker Chynybai Tursunbekov in Tehran to discuss the prospects of mutual cooperation in transportation…
Economy
The average goods and services Consumer Price Index for urban areas in the 12 months ending April 20, which marks the end of the first Iranian month of Farvardin, increased by 9.5% compared with…
Economy
The area under greenhouse cultivation in Iran has increased by 37.2% since President Hassan Rouhani took office in August 2013 to reach 11,425 hectares, Deputy Agriculture Minister Mohammad Ali…
Economy
The promise of creating 1.2 to 1.5 million jobs annually made by two presidential hopefuls, namely Mohammad Baqer Qalibaf and Seyyed Ebrahim Raeisi, in their stump speeches seems like another…
Economy
Tehran Stock Exchange’s main index gained 171 points or 0.22% to end Wednesday trade at 79,596.9.
Over 1.2 billion shares valued at $72.84 million changed hands for the day.
Shahd…
Economy
According to the Central Bank of Iran, Iran’s average daily oil exports (including crude oil and oil products) rose by 41.2% in the last Iranian year’s (started March 20, 2016) first quarter and…
Economy
In its latest report titled “Short Range Outlook for 2017-18”, the World Steel Association forecasts that Iranian steel demand will increase by 4.9% to 20.04 million tons in 2017 and will increase…
Economy
Mines and Metals Development and Investment Company, one of the largest mining holdings in Iran’s equity market, plans to put up a 16.1% stake of the firm for sale on May 9.
Economy
Zagros Khodro, a now defunct producer of Proton models, may come back from the dead according to the Minister of Industries, Mining and Trade, Mohammad-Reza Nematzadeh who visited the mothballed…
Economy
Contrary to reports that commercial vehicle importer Khodro Sazi Sina (KSS) has outbid Mammut Group's subsidiary on the contract for the import of Volkswagen-branded cars to Iran; the managing…
Economy
