A new banknote was unveiled on Monday, replacing the nuclear energy sign with a depiction of Tehran University’s main gate on the note’s reverse. The new note will go into print in spring.
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Economy
Economy
The Iranian ministers of industry and finance have called on commercial banks to resume the opening of letters of credit (LCs) for domestic use, Eghtesad News reported.
Economy
Serbia’s deputy prime minister and minister of trade, tourism and telecommunications, Rasim Ljaji?, in a meeting with Iranian Ambassador to Serbia, Majid Fahimpour, held in the Serbian capital…
Economy
Tehran-Ankara cooperation in railway industry and rail transportation will open a new chapter in trade ties between the two neighboring countries, Iran’s consul general to Turkey, Mohsen…
Economy
Iran is expected to export 70,000 metric tons of eggs by the end of the current (ending March 20), which is twice the amount exported last year, secretary-general of Iran’s Egg-Laying Hens…
Economy
With proper planning, we can reduce tax evasion by at least 60 to 70 percent, head of Iran’s National Tax Administration (INTA), Ali Asgari said on Sunday, noting that “tax evasion in Iran…
Economy
Tajik Ambassador to Tehran Nematollah Imamzadeh called for the expansion of bilateral cooperation between Iran and Tajikistan in economic investments, during his visit to Arak…
Economy
The Consulate general of Iran in Karbala, Shokrollah Taheri called for expanding the export of high quality Iranian products to Iraq, addressing a gathering of Iranian businessmen in Zanjan in…
Economy
Based on a new resolution passed by the parliament on Sunday, the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), the Industrial Development and Renovation…
Economy
Tehran Stock Exchange (TSE)’s overall index rallied at Monday’s close to end a 6-day rout, after the banking sector outperformed to pare part of its massive losses incurred within the past few…
Economy
Nearly a month after the ministry of industry, mine and trade restricted the import of cars only to the official representatives of auto companies in Iran, new directives issued by Industry…
Economy
The industrial and mining floor of Iran Mercantile Exchange (IME) featured close to 100 kg of various gold bullions offered by the Mouteh Gold Complex on Monday, IME’s Public Relations and Foreign…
Economy
The sponge iron production unit of Chabahar Steel Plant will become operational by September next year, IRNA quoted deputy industry minister and director of Iranian Mines and Mining Industries…
Economy
The bill for the establishment of Mehran free trade zone in the western Ilam province will be submitted to the parliament in the coming days,” senior advisor to the governor-general of Ilam…
Economy
Railroad construction in Iran has been traditionally carried out by the public sector, since according to Article 44 of the Constitution, railroads and all large-scale industries are regarded as…
Economy
At least 50,000 new jobs can be created through low interest loans provided by Omid Entrepreneurship Fund (formerly, Imam Reza Compassion Fund), ISNA quoted the fund's deputy for organizing and…
Economy
The government has proposed increasing the prices of domestic and foreign-made cigarettes by 20% and 40% respectively in its budget bill for next Iranian year (starting March 21), in…
Economy
President of Iran-India Tradesmen Council, Ebrahim Jamili says Iran’s import of tea from India amounts to $30 million, adding that the amount is expected to increase. He noted that the council has…
Economy
Tehran-Ankara bilateral trade will increase from its current $14 billion to $35 billion in the near future, Turkish Minister of Economy, Nihat Zeybekci, said on Saturday.
Economy
Bank staff get raise as Vice President Mohammad-Bagher Nobakht has given a special order approving a salary raise for state-owned bank employees as of Feb. 2, right a month before the Iranian year…
Economy
A senior monetary official on Monday warned credit institutions against disrupting the currency market.
Economy
Commercial banks are to blame for sanctions influencing import of food and medicine, according to IRNA, citing an official with Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA…
Economy
Bankers should use next year’s expected inflation for offering interest rates, Bank Melli CEO proposed.
Economy
The government has suggested it may allow US internet giants like Google to operate in the country if they respect the laws, Fars news agency reported, citing a senior official.
Economy
A member of an influential committee on technology in the Iranian capital has stated that the reason most people choose to ignore locally made search engines –like yooz.ir – is because of people’s…
Economy
