President Hassan Rouhani has officially ordered the implementation of amendments to the Budget Law of 2016-17 to pave the way for the clearance of government debts to public-sector banks.
Economy
The current lending rates are not favorable to manufacturers and the Central Bank of Iran is working to ensure the rates move on a downward trajectory, says CBI’s deputy for supervisory affairs.…
Christophe Rosenberg, an advisor of IMF’s Communications Department, discussed the fund’s policies during a conference held in the Central Bank of Iran's headquarters in Tehran on Monday.
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Tehran Stock Exchange’s main index lost 75.52 points or 0.09% to end Monday trade at 80,263.7.
More than 865.7 million shares valued at $83.2 million changed hands for the day.
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Iran is an energy giant on a global scale. Just in terms of natural gas resources, conventional estimates by the Shell and BP have indicated that given the current rate of production, Iran will…
Tehran Stock Exchange is going through tough times.
With industries in recession and weak commodity prices, the market is bearish and trading a scarcity. Even bringing debt securities into…
The Second Iran Mines and Mining Industries Summit: Exploration, Development and Investment, otherwise known as IMIS 2016, is scheduled to be held in Tehran on December 11-12, 2016. …
The 12th International Conference on Coasts, Ports and Marine Structures opened in Tehran on Monday with the aim of improving regional cooperation in maritime engineering, according to the…
A department tasked with combating smuggling in cyberspace will be launched in cooperation with the Ministry of Intelligence and Cyber Police of the Islamic Republic of Iran, Habibollah Haqiqi,…
Iran’s trade surplus in the livestock and dairy sectors has witnessed a significant hike in recent years. The sectors have registered a combined positive trade balance of $450 million since the…
Data from more than 8.6 million households, accounting for 33.6% of the Iranian households, has been collected from across the country by field officers since the beginning of the door-to-door…
Abu Issa Holding, one of the largest retail and luxury goods firms in the Middle East, plans to expand into Iran next year and open stores in Tehran, selling watches and confectionery as the…
Iran exported 147,500 tons of non-oil goods valued at $154.4 million to Spain during the first six months of the current Iranian year (started March 20), registering an 18% increase in value…
Vehicles and spare parts that entered the country during the first six months of the current Iranian year (March 20) are estimated to be worth $837 million.
This shows a 68% year-on-year…
Arian Motors, the official representative of Mitsubishi Motors in Iran, has introduced a new scheme for the sale of Mitsubishi Mirage 2017. The company is selling the car in 12-month installments…
Britain will aim to achieve tariff-free trade with Europe for the auto industry and other manufacturers after the country leaves the European Union, Business Secretary Greg Clark said on October…
Negin Khodro, the local dealership of imported Renault vehicles, has announced a new payment option for the Duster model.
The unification of foreign exchange rates would help solve many issues in Iran’s economy, said a senior member of the Association of Bureaux de Change Operators of Iran.
The Supreme Council of Insurance Industry will soon start reviewing the rules for implementing corporate governance in insurance firms, the head of the council and president of Central Insurance…
The chief executive of one of the oldest and most powerful Chinese banks has expressed willingness to enter Iran and open a representative office.
Chen Siqing, CEO of Bank of China, made…
Raiffeisenbank International (RBI) of Austria will soon open a branch in Iran, announced the country’s ambassador to Tehran. The Austrian ambassador Friedrich Stift said an Iranian delegate was to…
In return for the export of every three kilograms of oranges or tangerines, one kilogram of citrus fruits can be imported, according to a new regulation introduced by the Ministry of Agriculture…
The increase in online trading is straining Tehran Stock Exchange’s trading platform, Ali Sahrayi, the company’s vice president, said.
Online trades make up a quarter of all trading on the…
Census field officers have collected data from more than 7.5 million households across the country since the beginning of the door-to-door phase of the Eighth National Population and Housing…
The Producer Price Index in the 12-month period ending October 21, which marks the end of the Iranian month of Mehr, increased by 3.2% compared with last year’s corresponding figure, according to…
