Over 50 trillion rials (about $1.3 billion) worth of different types of securities were issued in the 10 months to January 20, according to Mehdi Banani, the head of Debt Management Department at…
Economy
- Economy
Tehran Stock Exchange’s main index marked its biggest decline in more than two months on Tuesday, after the benchmark took a 1.83% dive on November 9 after news broke that Donald Trump was elected…
EconomyCement stocks have posted gains following the Cabinet’s decision to provide financial resources for purchasing part of the industry’s excess output, and the parliament’s approval for renovation of…
EconomyIranians love high fashion, but luxury companies planning to tap Persian appetite for designer clothes and bags are facing stiff competition from their very own brands–albeit fake ones.
EconomyIran’s exports to Indonesia in the first nine months of the current Iranian year (started March 20, 2016) grew by 62% compared with the similar period of last year to reach $100 million, according…
EconomyMore than 20,000 tons of shrimps have been produced in Iran since the beginning of the current Iranian year (started March 20, 2016), registering a 17.6% rise year-on-year, said Ali Akbar Khodaei…
EconomyTrade between Oman and Iran exceeded $1 billion by the end of October last year, according to Ali bin Masoud Al Sunaidy, Sultanate’s minister of commerce and industry.
EconomyBrazilian planemaker Embraer, the world’s biggest maker of regional jets, says it is optimistic that a US government led by Donald Trump will still grant it the clearances needed to sell aircraft…
EconomyThe average goods and services Consumer Price Index for urban areas in the 12 months ending January 19, which marks the end of the Iranian month of Dey, increased by 8.6% compared with last year…
EconomyThe 14th Trans Middle East 2017 Exhibition and Conference opened in Tehran on Tuesday. Officials, including Minister of Roads and Urban Development Abbas Akhoundi and Managing Director of…
EconomyThe first startup accelerator center focused on Information and Communication Technology was inaugurated in Isfahan’s Science and Technology Town.
The accelerator known as Axell was…
EconomySamsung Electronics’ profits leaped in the fourth quarter, it said Tuesday, despite the humiliating Galaxy Note 7 recall that hammered the reputation of the world’s largest smartphone maker.
EconomyA deal is being negotiated with South Korea’s Samsung company to use Iranian handicraft for decorating phones, said the head of the Trade and Export Bureau of Iranian Handicrafts affiliated to…
EconomyProduction of video games in Iran is on the rise, growing 35% in the past 11 months, chief executive officer of Iran Computer and Video Games Foundation said Monday.
“The operations of 2000…
EconomyAccording to reports in the foreign media, the little flip phone is to make a comeback in 2017. According to several patent filings in the US, South Korea, Japan and China, the world’s tech…
EconomyA number of domestic insurance firms have shown interest in spinning off their life insurance operations into separate entities, said Abdolnasser Hemmati, the president of Central Insurance of…
EconomyThe Iranian steel industry and its upstream sectors exported over 3.84 million tons valued at $1.56 billion of industrial materials to 20 destinations during the eight months to November 20.…
EconomyIran’s banking relations with the world will improve by the end of the current fiscal year in March, the deputy for international affairs at the Iran Chamber of Commerce, Industries, Mines and…
EconomyIn a decade, the majority of Iranian real-estate deals will take place through the Internet, the head of Tehran Association of Realtors said.
EconomyThe CEO of the international advisory firm Roedl & Partner from Germany–who has just opened his Tehran office–said that after the lifting of sanctions, a more clear image of Iran is being…
EconomyIranian banks’ lending has declined in recent months, said Parsian Bank’s chief executive who is also the head of Iranian Private Banks and Credit Institutions Association.
EconomyMehdiabad Lead and Zinc Complex produced 594,905 tons of lead and zinc lumps during the nine months to December 20, registering a 31% rise compared with last year’s corresponding period. The…
EconomyThe government has sharply reduced tariffs on the import of meat and agricultural products, including rice and sugar, to keep prices in check in the runup to the new Iranian year (starting March…
EconomyIran’s share of the global halal market is meager, the former secretary-general of the Federation of Iranian Food Industry Associations said.
“It is estimated that Iran’s share of the $2…
EconomyClose to 4,000 people lost their jobs when Plasco, a 17-floor commercial high-rise in downtown Tehran with close to 560 production units and sales outlets producing apparel, shoes and sportswear,…
Economy

