A $4 billion market is up for grabs in Russia for Iranian food producers, especially exporters of nuts, protein products, fruit and vegetables, Iran’s Minister of Industries, Mining and Trade…
Economy
Economy
The goods and services Consumer Price Index for urban areas in the 12 months ending April 19, which marks the end of the Iranian month of Farvardin, increased 11.2% compared with last year’s…
Economy
Around five to six million Iranians are living overseas, constituting 7% of the total population of the country.
Figures on their wealth are unreliable, as different sources release widely…
Economy
South Korean banks are ready to finance Isfahan’s subway and international conference center projects, the head of a Korean delegation that entered Isfahan on Saturday to attend Iran-Korea…
Economy
Relations between China and Iran are unique primarily due to the level of trust between the two sides.
There are several instances where both have weighed favorably toward the other on…
Economy
In a complete accident, while working to find a solid-state replacement for lithium, researchers at University of California Irvine inadvertently stumbled upon a breakthrough that could change how…
Economy
An Iranian researcher has devised a method to convert agricultural wastes into biofuel and won the 29th Khwarizmi International Award. Project manager Mohammad Jafar Taherzadeh, who ranked…
Economy
Iran will build a center for the production of stable isotopes at the Fordow facility in two years, Russia’s representative at the International Atomic Energy Agency said.
Economy
Russia’s International Industrial Bank and Iran’s Middle East Bank and the Cooperative Development Bank will help address money transaction issues between the two countries, said an official at…
Economy
Central Asian-based Colibri Law has become the second international law firm to establish an office in Tehran after partnering with a local firm, The Global Legal Post reported.
The Iran…
Economy
Azerbaijan will grant Tehran $500 million in credits for the construction of the North-South transport corridor, Iran’s Minister of Communications Mahmoud Vaezi said.
Economy
A record high of more than 1 million tons of seafood was produced in the last Iranian year (ended March 19, 2016), according to the head of Iran Fisheries Organization. “Some 40% of the sum were…
Economy
More than 360 international companies from 34 countries are participating in the second “Project Iran” exhibition, which is being held at Tehran’s International Permanent Fairground on April 24-27…
Economy
With the lifting of sanctions, international exhibition organizers are turning their attention toward Iran.
Economy
Agricultural specialists believe that in view of the recurring nationwide droughts, progressive industrialization and migration of rural people to urban areas, all of which culminate in a decline…
Economy
Non-oil exports from East Azarbaijan Province amounted to $2 billion in the last Iranian year (ended March 19, 2016), the deputy head of the northwestern province’s industries, mining and trade…
Economy
Iran’s exports to South Korea saw a 6.7% rise in the first quarter of 2016 compared with last year’s corresponding figure and reached $638.69 million. Iran ranks 29th in the list of countries…
Economy
An upsurge in the housing market is likely toward the middle of the Iranian fiscal year (September 21), Hamed Mazaherian, deputy minister of roads and urban development said in an opinion piece…
Economy
Central Bank of Iran has required banks to provide the struggling small and medium manufactures with working capital. The CBI Saturday issued a decree on its website which instructs lenders to…
Economy
Bank Hekmat Iranian has launched an exchange company in Tehran, in an attempt to expand its services. Abbas Askarzadeh, the bank’s chief executive, said that BHI will also establish a leasing…
Economy
Export Guarantee Fund of Iran and the Swedish National Export Credit Guarantee (EKN) agreed on Saturday to expand cooperation and support trade between the two countries’ private sectors.
Economy
Tehran Stock Exchange’s all-share index TEDPIX inched up 12.70 points or 0.02% to end Saturday trade at 78,281.7.
Mining companies and automakers were the main winners of the day, while…
Economy
The Fourth Iran International Aluminum Conference is scheduled for May 11 in Tehran. The two-day conference, held every two years by the Iran Aluminum Research Center, highlights the domestic…
Economy
The Iranian capital market is expected to play a more central role in financing in the current Iranian year (started March 20), notably for the government to settle its debts and fund the…
Economy
Shares on Tehran Stock Exchange had a bumpy ride in the first month of the Iranian year (March 20-April 19), ending the month lower as shares pared gains from a rally in January and February.
Economy
