The total value of all residential deals registered by Tehran’s real-estate agents increased by about 44% compared with the similar period of the previous fiscal year.
Economy
Economy
Bank Maskan said over 326,000 applicants have signed up for a popular mortgage scheme the lender launched three years ago.
Down payments required of the applicants under the Housing…
Economy
Iranian officials, executives and pundits have on many occasions floated the idea of creating a new joint bank with European nations to secure financial ties in the face of looming US sanctions…
Economy
The secondary foreign exchange market started working in earnest on Tuesday, with reports suggesting that the first trading at a negotiated exchange rate was almost equivalent to that of the…
Economy
Tehran Stock Exchange’s main index lost 2.44 points on Tuesday to end trading at 110,849.0.
About 749 million shares valued at $46.56 million changed hands at TSE for the day.
…
Economy
About 6.57 million tons of commodities worth over 161 trillion rials ($3.83 billion) were traded at Iran Mercantile Exchange during the first quarter of the current fiscal year (March 21-June 21…
Economy
The government is looking to float the shares of the Middle East’s largest gas processing plant (GPP), the chairman of Tamin Petroleum and Petrochemical Investment Company said on Tuesday.
Economy
Mouteh Gold Mine has produced 130 kilograms of gold bullion since the beginning of the current fiscal year (March 21), registering a 30% growth compared with last year’s corresponding period,…
Economy
Major Iranian steelmakers exported a total of 1.9 million tons of semi-finished and finished steel products during the first quarter of the current fiscal year (March 21-June 21) to register a…
Economy
German authorities have started investigating an Iranian government plan to fly out hundreds of millions of euros from Hamburg to Tehran.
If approved, the move is certain to provoke a…
Economy
About 50,300 tons of figs were produced in Iran during the last Iranian year (ended March 20, 2018), of which 11,000 tons were exported.
Tehran Chamber of Commerce, Industries, Mines and…
Economy
Although India’s tea exports, particularly of the orthodox variety, are on a growth trajectory, exporters to Iran may be left in the lurch if India accedes to the US trade embargo on the West…
Economy
Germany remains committed to the nuclear non-proliferation agreement with Iran that was rejected by US President Donald Trump, Chancellor Angela Merkel said on Monday, but it was for individual…
Economy
The US Treasury Department has slapped sanctions on a Malaysia-based sales agent for having links with Mahan Air, an Iranian airline blacklisted by Washington.
Economy
Close to 120,000 tons of commodities worth $27 million were exported from the northeastern province of North Khorasan during the first quarter of the current fiscal year (March 21-June 21),…
Economy
Iran exported 385,922 tons of non-oil commodities worth $74.06 million to Qatar during the first three months of the current Iranian year (March 21-June 21), registering an increase of 1.60% and…
Economy
The second round of the Tehran Game Convention (TGC 2018) came to a close on July 6 after hosting a diverse range of local and mostly foreign prominent speakers, industry players, promoters and…
Economy
As presently the majority of websites fail to offer user-friendly Persian fonts, typically resulting in eye strain or loss of interest, an Iranian startup is trying to provide users with a…
Economy
Milk, chicken and egg production registered a growth of 25%, 52% and 39% from the fiscal 2006-7 to 2016-17, while red meat output marked a nearly 1% decrease during the 10-year period, according…
Economy
Around 170,000 tons of pistachios were produced in Iran during the last Iranian year (March 2017-18), of which more than 118,000 tons were exported.
Iran Pistachio Association told the…
Economy
Loans at an annual interest rate of 5-9% will be offered to encourage job creation and production in border regions and adjacent areas, Interior Minister Abdolreza Rahmani-Fazli said on Sunday…
Economy
The municipality of Ahvaz signed three memoranda of understanding on Sunday with Chinese, French and Italian companies concerning the construction of several commercial complexes, an…
Economy
Now that the government allocates subsidized foreign currency to imports of essential goods, their export seems to be uncalled-for, the head of Exports Promotion Directorate of the Agriculture…
Economy
French shipping group CMA CGM has decided to pull out of Iran following the US administration’s decision to renew sanctions on companies operating in the country, its chief executive said on…
Economy
KLM Royal Dutch Airlines has decided to suspend its direct flights to Tehran as of Sept. 24, the flag carrier airline of the Netherlands wrote on its website on Saturday, citing “commercial…
Economy
