Officials from Iran and India say the two sides are ready to reduce trade barriers and increase their economic ties, IRIB reported on Saturday.
Describing the current volume of trade…
Economy
The government has announced that it plans to ease jewelry export regulations as it seeks to boost non-oil exports. The move is expected to reduce the currently high volume of jewelry imports.
The eleventh International Conference of Coasts, Ports, and Marine Structures (ICOPMAS 2014) will kick off in Tehran’s Hotel Olympic on November 24, IRNA reported.
Lawmakers are ready to lay the required legal framework to facilitate cooperation between Iranian and foreign carmakers, IRNA reported.
In the 6th annual meeting of the International Forum of Sovereign Wealth Funds (IFSWF) held in Doha, the Emir of Qatar, Tamim bin Hamad Al Thani met with Safdar Hosseini, the head of the National…
The parliament is currently adopting a resolution based on which petrochemical products will be priced according to global prices, said Ali Salehabadi, the head of Securities and Exchange…
According to the Central Bank of Iran (CBI), the combined average market cap of Iran’s equity market surged 9.3 percent within the first half of the current Iranian year, ended September 22,…
T he Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) and a German company (Autotak) signed an agreement on Saturday based on which the German side is required…
The Tehran Stock Exchange (TSE) will host the annual meeting of the Federation of Euro-Asian Stock Exchanges (FEAS) in 2015, the exchange’s PR department reported. The idea was proposed by Hassan…
A key railroad project that would connect Iran to Turkmenistan and Kazakhstan is scheduled to be launched during the Iranian President Hassan Rouhani’s trip to Golestan province in December, a…
Future of Iran’s exports is at stake due to the lack of comprehensive, long-term and strategic plan for promotion of export, Gholam Hossein Shafei, the head of Iran’s Chamber of Commerce,…
Despite western sanctions, Iran’s civil aviation industry has grown relatively in recent years, industry officials often claim.
Regardless of all the dire troubles that it has…
Iran will need at least 800 thousand new jobs annually if economic growth reaches 7 percent and if the business environment remains sustainable, Hassan Taei, the deputy minister for labor, told…
A conference on investment opportunities in the western province of Lorestan will be held in Dubai in the coming weeks, Chairman of Khorramabad Chamber of Commerce, Industries, Mines and…
Some 90 percent of rural roads in Iran have been paved since the 1979 Islamic Revolution and the rest are to be paved in the near future, Hossein Mirshafi, the deputy minister of roads and urban…
The Iranian Rail Industries Development Company (IRICO) has renovated a hundred locomotives belonging to Iran Railways Company, the production director of IRICO, Mohammad Reza Kamali-nejad, said…
The price of Iranian exports has dropped year-on-year, thus making them more competitive. The Export Price Index fell by 2.9 percent in the first seven months of the current fiscal year compared…
The banking sector’s outstanding loans have risen markedly for the past two years. Of all the loans given, most have gone to the private sector and a smaller portion to the government.
The Iranian insurance industry will face challenges in the next few years that would hinder its growth, as the market is heavily controlled by the state through the regulator Bimeh Markazi or the…
The government’s attempt to curb the inflation and create a sustained increase in the general price level have been successful, but they won’t bring about satisfactory results for households until…
The reserves of the National Development Fund of Iran (NDFI) now stands at $70 billion, announced the deputy of the fund on Thursday after a large span of time that no official provided…
Close to 414,000 tonnes of various commodities, worth almost 7.8 trillion rials were traded on the spot market at the Iran Mercantile Exchange (IME) in the week ending November 19, the IME’s PR…
Venezuela’s Cerro Azul cement factory, developed by Iran, has begun production of high-quality clinker, reported IRNA.
Following the trial production in September, the factory…
The first iron ore pelletizing complex owned by the private sector will be inaugurated by March 2015, reported IRNA.
As many as six contractors and 230 people are working on the project,…
The ministry of industry, mine, and trade sent a proposal to the government to be approved based on which the manufacturers and owners of electric and hybrid cars would be given incentives,…
