The decline in Iran’s export of non-oil products in the four months ending July 22, as reported by the Islamic Republic of Iran Customs Administration, is a result of their high prices in…
Economy
Economy
Iran exported 31,230 tons of molasses to Thailand in June, which is a record monthly high since 2010, registering an eightfold increase compared with the previous month.
Economy
The Consumer and Producer Protection Organization has fined Naji Research and Development Company over 1.17 trillion rials ($31.2 million) for overcharging clients. The company provides a variety…
Economy
More than 10,600 tons of goods were exported via railroad from Zahedan in the southeastern Iranian province of Sistan-Baluchestan to Quetta in Pakistan during the first four months of the current…
Economy
The southern Hormozgan Province accounts for 36% of Iran’s goods transit, director general of Hormozgan Ports and Maritime Organization said.
Economy
The managing director of Esfahan Steel Company recently published a letter to the Securities and Exchange Organization to answer inquiries by the SEO about the money-bleeding company’s three-month…
Economy
In a letter to First Vice President Es'haq Jahangiri, Minister of Agriculture Mahmoud Hojjati has urged all governmental executive bodies to meet their tea demand from domestic sources.
The…
Economy
Tehran Stock Exchange’s main index shed 150 points or 0.18% to end Wednesday trade at 81,265.9.
About 679 million shares valued at $52.29 million changed hands for the day.
Trading…
Economy
Iran Insurance Company, the state-owned insurer, has paid 148 billion rials ($3.9 million) in claims for the blaze that ravaged the warehouse of Bandar Imam Petrochemical Complex, IIC’s…
Economy
Iran and Pakistan’s biggest lenders are interested in opening branches in each other’s country, which was announced in a meeting between the governor of the Central Bank of Iran and the Pakistani…
Economy
In the face of rising demand for inexpensive residential units in the capital Tehran, a senior advisor to the minister of roads and urban development predicted that the market for small and…
Economy
Illegal credit institutions that mushroomed during the tenure of the former administration and whose malevolent effects continue to dog the country’s financial system are on their way out, the…
Economy
Rigan Khodro, a subsidiary of Kerman Motor, says it will start selling new Chinese cars in the Iranian market in the coming months.
The company has brought two prototypes, Leopaard CS10 and…
Economy
Rab’-e Rashidi Science and Technology Special Economic Zone in the northwestern city Tabriz has reached an agreement with the Austrian Institute of Technology to train auto parts designers.
Economy
Barely an hour after the official launch of online sales of Peugeot 207 by Iran Khodro, the company’s website crashed, leaving customers bewildered.
According to local automotive website…
Economy
The first phase of new car license plate registration commenced in Qeshm Free Trade Zone this week allowing vehicles from the tax free island to enter the mainland without having to pay for a…
Economy
Royal Dutch Shell on Tuesday submitted a proposal to the Petroleum Engineering and Development Company for developing Azadegan and Yadavaran oilfields south of Iran.
Economy
Esfahan Steel Company, Iran’s largest producer of constructional steel products, says it produced 522,814 tons of crude steel in the first three months of the current Iranian year (started March…
Economy
In the wake of the recent rally of US dollar in Tehran’s market, Iran’s former representative at the International Monetary Fund has enumerated three factors for the surge.
Economy
Bank Melli Iran, the nation’s biggest lender, is developing a new software that tracks the process of loan allocation for different projects. According to a research conducted by the lender…
Economy
Maskan Investment Group, the investment arm of the parent company that owns the agent bank of the Iranian housing sector, has outlined its funding priorities, indicating an increase in finances…
Economy
Iran Chamber of Commerce, Industries, Mines and Agriculture has published a report explaining the impact of foreign exchange fluctuations on imports of raw materials, capital goods and consumer…
Economy
In the current fiscal year, $15 billion from oil revenues will be deposited in the National Development Fund of Iran, the government spokesman announced.
Economy
Iran exported $173 million worth of livestock feed in the last Iranian year that ended on March 20, 2017, registering a 33% increase compared with the year before, an official with the Agriculture…
Economy
About 14.8 billion cigarettes were produced in Iran during the first four months of the current Iranian year that started on March 21, registering a 37% increase compared with the corresponding…
Economy
