Economy

The Organization for Economic Cooperation and Development will upgrade Iran's rating in the country risk classification of the Participants to the Arrangement on Officially Supported Export…

A paper recently authored by economists Roman J. Zytek and Mohammad Reza Farzin has reviewed the experience of Iran’s Targeted Subsidies Reform. The study addresses several criticisms of the key…

Iran has been pursuing trade promotion in the Commonwealth of Independent States countries for achieving economic cohesion with the region, director of planning at Iran’s Trade Promotion…

The goods and services Consumer Price Index for rural areas in the 12-month period ending January 19, which marks the end of the Iranian month of Dey, reached 7.1% compared with last year’s…

Iran exported around €523 million worth of goods to Italy over the seven months to July 30, 2016, registering a 95% hike compared with the corresponding period of the year before.

Iran’s first exclusive exhibition in East Africa is scheduled to be held in Nairobi, Kenya, during February 3-6. 

“More than 80 Iranian companies are expected to take part in the event…

Over 1,400 structural steel sales outlets have gone out of business in the past three years, says the head of Tehran Iron and Steel Union, Mohammad Azad.

“The recession in the construction…

Thirty percent of revenues earned by companies affiliated to the Islamic Revolution Mostazafan Foundation are allocated to poverty alleviation programs.

This was announced by Mousa…

Director General of the Supreme Audit Court of Iran Adel Azar said the “astronomical” salaries of corporate executives have been returned to the treasury in their entirety.

“After eight…

Tehran Stock Exchange’s main index plunged by 0.72% to end Wednesday trade at a four-month low of 77,414.9.

After breaking the 78,000 resistance level early in the morning, TEDPIX continued…

Steel import tariff rates have always been a sensitive issue for government officials and industry players. 

Raising the tariff bulwark gets steelmakers cheering for the newfound…

Japan’s domestic sales of new cars, trucks and buses rose 8.6% in January from a year earlier, the Japan Automobile Dealers Association said Wednesday. Sales of all vehicles totaled 258,085 in…

India’s Bajaj Auto’s December quarter performance sprang a positive surprise for the owners of the company. At a time when analysts had penciled in subdued results after factoring in the drop in…

The Statistical Center of Iran (SCI) has released the latest figures on auto imports for the first ten months of the Iranian year (March 20, 2016-January 19).

The Seventh Golestan Auto Show opened on January 31 in the northeastern region’s capital city Gorgan, according to local automotive press. More than 40 local and international firms are at the…

The Czech Republic government has considered opening a $100-million credit line to encourage trade with Iran, said Martin Tlapa, Czech deputy foreign minister, during a meeting with the Iranian…

The National Development Fund of Iran, the country's sovereign fund, announced that it plans to make investments in international money and financial markets "so that its assets can act as a…

A member of Tehran Chamber of Commerce, Industries, Mines and Agriculture has welcomed the rules easing travel for bank debtors, noting that executive bodies should understand the fact that the…

Bank accounts of all public organizations should be transferred from commercial banks to the Central Bank of Iran, a deputy minister of economy said.

The main component of the Central Bank of Iran’s grand plan to overhaul its financial oversight regime has been presented to the Money and Credit Council for final approval, an advisor to the…

Although Iran is set to hold two important elections, namely the presidential and city and village councils polls, in May, there will be no fluctuations in the housing market and the sector is…

Iranian Mines and Mining Industries Development and Renovation Organization has concluded the preliminary exploration of all 22 mineral zones it operates across the country, announced IMIDRO’s…

Iran has attracted about 53.5% of the $3.65 billion of investment required for realizing its crude steel capacity expansion goals by 2025.

The country aims to become the world’s sixth…

Much as the government’s painstaking efforts to renew Iran’s aging air fleet have grabbed the attention at home and beyond borders, critics continue to downplay the move.

The deals for 80 Boeing jets and 100 from Europe’s Airbus struck last year are seen by western investors as a crucial test, as they seek business in Iran in the wake of the nuclear deal that led…