Drafted by the ICT Ministry, a bill concerning tax relief for startups is making its way up the bureaucratic ladder to help new businesses flourish and subsequently spur economic growth. …
Economy
Economy
The United States is being outspent by China in the race to build the next generation of wireless communication, known as 5G, and it risks losing out on the potential economic benefits,…
Economy
The government has eased foreign exchange rules and allowed money exchangers to resume work at open market rates, as part of the latest rescue package intended to calm the volatile market.…
Economy
Iran’s housing sector will soon slid back into recession in view of ongoing volatilities in the foreign exchange market, which have rocked prices during the past few months, the deputy of Tehran…
Economy
Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has called for active control over liquidity rise and banking woes.
“The problem of the banking system must be addressed…
Economy
About 9.1 million checks worth 780 trillion rials ($17.68 billion) were transacted in Iran during the third month of the current fiscal year to June 21, showing a respective decline of 8.2% and…
Economy
The government plans to lift tax on the construction and renting of small homes as part of measures to spur the housing sector, the minister of roads and urban development said.
Economy
Iran’s budget deficit came in bigger than expected in the first quarter of the current fiscal year (March 21-June 21) to reach 290.1 trillion rials ($6.59 billion), according to the Central Bank…
Economy
A terminal designated for international flights is currently under construction at Shiraz International Airport.
Economy
A total of 331,654 tons of non-oil commodities were exported from the port city of Bandar Lengeh in the southern Hormozgan Province during the first four months of the current Iranian year (…
Economy
The average value of Iran’s exports to Iraq is the highest among those dispatched to other destinations.
Economy
Close to 3.37 million tons of oil and non-oil products were transited through Iran’s 32 land and sea border terminals in the first four months of the current Iranian year (March 21-July 22) to…
Economy
More than 466 tons of stickers worth $1.42 million were imported into Iran from 11 countries in the last Iranian year (March 2017-18), data released by the Islamic Republic of Iran Customs…
Economy
Iran traded 2.19 million tons of non-oil commodities worth $1.11 billion with Afghanistan during the first four months of the current fiscal year (March 21-July 22). The figures registered a 14.…
Economy
Germany will continue to offer export and investment guarantees for companies doing business with Iran, its economy ministry said on Monday, adding that Berlin remained in dialogue with the US…
Economy
Central Securities Depository of Iran has cut the paperwork and started issuing trading codes for capital market investors online. Previously, those seeking to start trading had to contact a…
Economy
The government has banned the export of direct-reduced iron to increase supply to local downstream plants.
The directive was conveyed to the Islamic Republic of Iran Customs…
Economy
It was a historic day for shares in Iran's equity market on Monday.
The primary cause of the excitement is simple yet groundbreaking: The foreign currency exchange market is officially…
Economy
Exports of chicken parts, livestock feed, ornamental fish and frozen chicken from Markazi Province in western Iran have increased in the current Iranian year (started March 21).
Economy
Trade between Iran and the 28 member states of the European Union during the first half of 2018 amounted to more than €8.3 billion, registering a 12.8% decrease compared with last year’s…
Economy
Iran exported 31,756 tons of evaporative coolers worth more than $89 million during the first four months of the current fiscal year (March 21-July 22), the latest data released by the Islamic…
Economy
Iran imported 18 tons of rusk worth $24,277 in the last Iranian year (ended March 20, 2018), Mizan Online cited data released by the Islamic Republic of Iran Customs Administration.
…
Economy
As automakers rapidly adopt connected and automated technologies, the race is on to protect these vehicles from cyber attacks and computer viruses.
Economy
Iran Khodro, the largest auto manufacturer in the country, is reportedly set to showcase three updated versions of its cars, in the forthcoming Mashhad Auto Expo. The potential models are…
Economy
Iranian and Brazilian officials are to engage in dialogue within the next few months to discuss expansion of bilateral ties in the auto industry.
Economy
