Iran’s import registration procedures should be modified to facilitate imports and foreign trade in general, the Deputy Minister of industry, Mine and Trade, Valiollah Afkhamirad, said on…
Economy
The necessity of adopting a preferential tariff system, as well as promoting free trade policies among Muslim countries was highlighted by the minister of industry, mines and trade on the…
The private sector on Tuesday criticized the government for failing to include a specified section in next year’s budget bill to address the rising government debts to contractors.
The realization of the Economy of Resistance depends upon being connected with a knowledge-based economy, the president of Zanjan Science and Technology Park told IRNA on Tuesday.
One of the main factors behind Iran’s continuing recession is anemic financing. Tehran’s lauded equity market, though one of the largest in the Middle East, is still immature and unable to provide…
The Azadi gold coin fell below the nine million rial mark as bearish sentiments prevailed Tehran’s gold market. The price of the Azadi coin dropped 0.33 percent to 8,9550,000 rials on Tuesday…
Iran-Iran trade exchanges have seen a twentyfold increase over the past decade and it could reach up to $25 to $30 billion per year, vice-president for executive affairs, Mohammad Shariatmadari,…
The pulse of life has started flowing once again in Zayandehrud River. Given the normally parched state of the river in the past few years and its name (which literally translates into life giver…
The Rouhani administration is determined to reduce the inflation rate and boost economic growth and, therefore, has prepared two versions of the draft budget for the next fiscal year (March 2015-…
About 9 trillion rials is annually spent on welfare projects, Minister of Cooperatives, Labor and Social Welfare, Ali Rabiee, said on Tuesday. “Although a huge amount of money is allocated every…
Almost 615 tons of local and foreign soybean meal was offered on the agricultural trading floor at Iran Mercantile Exchange (IME) on Tuesday, the IME’s PR and foreign affairs office reported.
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The Iranian Association of Steel Manufacturers has criticized the frequent changes to the iron ore export duties, reported Fooladnews.
With an annual production of 78 million metric tons, Iran’s cement industry ranks third in the world after China and India and first in the Middle East, IRNA reported on Tuesday citing an industry…
Iran continues to dominate the global pistachio export market, with a 50% share in exporting the popular nut, said the Iranian Pistachio Association (IPA), attributing the figure to the high ratio…
Despite a desperate need at home for scrap steel, it is widely exported due to higher prices in international markets, reported Fooladnews. The Customs Administration recently announced the export…
Foreign firms especially from India have shown interest in investing in Chabahar Port, Secretary of Free Zones Coordination Council, Akbar Torkan, said on Monday.
“Appropriate…
More than 90 percent of Bank Keshavarzi’s (Agri-Bank) facilities have been directed at the agriculture sector including farming, livestock, poultry, fisheries, forestry, farm mechanizations and…
In a bid to address the liquidity problem faced by the manufacturers, a new production fund will be established to provide loans to the manufacturing units through a new line of credit, the head…
A sum of $15.3 million, the largest insurance claim in Iran’s history, has been given to Tehran Metro Company in damages for a flash flood two years ago, Mahmood Amrollahi, the CEO of Iran…
The latest 2014 report by the World Steel Association shows Iran is slightly behind its rising growth trend in production of crude steel, despite a significant 50% production growth during the…
The country is developing new qualitative goals for the auto industry, an official in the ministry of industry, mine, and trade told Mehr News.
More than 41,643,000 tons of cement was produced in the seven months ending October 22, Mehrnews reported. Moreover, 45,024,204 tons of clinker was produced within the same period. The figures…
Nearly 86,400 tons of unwrought aluminum worth $155.1 million was exported in the seven months ending October 22, showing a 26 percent decrease compared to the same period last year, ISNA reported…
