Iran is planning to sell some of its shares in the Iran-Venezuela Bi-National Bank, as the two countries has no commercial relations at the moment, said Davoud Banaei, the bank’s CEO.“The long…
Economy
- Economy
While the housing market is struggling with a prolonged recession, commercial property and the luxury homes have seen surge in prices during the past three years.
EconomyIran’s imports and exports via road showed a 20.4% rise and 5% decline respectively during the first half of the current Iranian year (started March 20), according to statistics released by the…
EconomyTaraz Steel Company’s galvalume steel production line was inaugurated by First Vice President Es’haq Jahangiri in Chaharmahal-Bakhtiari Province on Tuesday.
The project was funded by 1.3…
EconomyThe Securities and Exchange Organization has rated 302 exchange-listed companies based on their transparency for the five-year period ending Sept. 21.
The report, published earlier this…
EconomyTehran Stock Exchange’s main index gained 239.10 points or 0.30% to end Tuesday trade at 79,871.4.
More than 865 million shares valued at $60.3 million changed hands for the day.
…
EconomyA private Iranian company is seeking joint venture partners to help develop copper, steel and other projects in the country, managing director of Mahan Company for Mines and Industries Development…
EconomyBy the time you are reading this, you probably know who the Americans have chosen as their 45th president.
The outcome of their presidential election will affect the rest of the world. The…
EconomyAbout $167 million worth of Persian hand-woven carpets were exported to 80 countries during the seven months to October 21, the head of Iran's National Carpet Center said.
"The biggest…
EconomyData from nearly 15.1 million or 58.9% of households have been collected from across the country by field officers since the beginning of the door-to-door phase of the eighth National Population…
EconomyA factory producing black chador (a full-body semicircular piece of fabric, usually black, used by some Muslim women to cover the body while leaving the face uncovered) reopened in Shahr-e-Kord in…
EconomyIran exported 518,400 tons of non-oil goods worth $309.3 million to Italy during the seven months to October 21, registering a 10% decline in value compared with the similar period of a year…
EconomyHead of Bulgaria’s Customs Administration Rozalia Dimitrova arrived in Tehran on Tuesday morning at the head of a high-ranking delegation at the invitation of her Iranian counterpart, Masoud…
EconomyIran’s non-oil exports to China since the beginning of President Hassan Rouhani’s tenure in August 2013 up until October this year stand at over $28.5 billion, registering a 52% increase…
EconomyA high-ranking economic delegation from Germany’s Lower Saxony held a meeting with economic players from the northwestern Iranian province of East Azarbaijan on Tuesday.
The two sides…
EconomyIran’s Higher Council for Science and Technology is currently holding a joint meeting with the Austrian Institute of Technology in Tehran for cooperation in scientific and technological fields.…
EconomyResearchers at the Ferdowsi University of Mashhad, the largest research university in northeastern Iran, have developed a mobile application for simulating nanotubes. One of the PhD students at…
EconomyState broadcaster Islamic Republic of Iran Broadcasting has filed a lawsuit against Iran’s largest online video hosting website Aparat.
The move is part of a wider crackdown by IRIB that…
EconomyIran’s Minister of Communications and Information Technology Mahmoud Vaezi met with his Iraqi counterpart in the Iranian capital on November 8, according to tech sources in Tehran.
Iraq’s…
EconomyEuler Hermes, Germany’s export credit agency, has recently issued an 18-million-euro coverage for trade with Iran, which marks the German insurer’s first coverage after the lifting of the…
EconomyMore than 1 million tons of pomegranates are estimated to be produced in the current Iranian year (started March 20) from 94,000 hectares of orchards allocated for the fruit’s cultivation in Iran…
EconomySome 3 million tons of wheat will be exported to Asian and European countries as well as the Persian Gulf littoral states in the current Iranian year (March 2016-17), says deputy minister of…
EconomyAbout 23 billion cigarettes were produced in Iran in the seven months to October 21, indicating a 53% rise compared with the corresponding period of last year, says Yadollah Sadeqi, an official…
EconomySome 30% of Iran’s agricultural products are wasted, the head of Agriculture and Natural Resources Engineering Organization said. The amount is enough to feed 25 million people, Alireza Bozorgi…
EconomyA 10-year-old medium-range Airbus 321 aircraft was recently delivered to Kish Airlines. Citing the company’s public relations, ILNA did not specify the source of its purchase. The twin-engine…
Economy

