Fragile atmosphere at the Tehran Stock Exchange (TSE) has dragged down the benchmark further to settle at a striking distance from its record low set in the past 12 months.
The steady…
Economy
Economy
The French carmaker Peugeot is once again in a joint venture with Iran's biggest carmaker 'to help Iran revolutionize its auto industry', Hashem Yekeh-Zareh, the managing director of Iran Khodro…
Economy
More than 64,000 cars were imported to Iran within the first 8 months of the current Iranian year (March 21-November 21), demonstrating a 77 percent hike, compared to the same period last year,…
Economy
Iran’s silver, gold and platinum mobile phone number industry, like many around the world, has become deregulated over the past decade.
Iran now ranks as one of the countries where a mobile…
Economy
Determining the official dollar exchange rate for next year’s budget is a daunting task. A slight miscalculation by the government or the central bank would cause severe economic problems, says a…
Economy
The first vice president called for the active participation of insurance companies in the stock market, on the occasion of the 21st national and seventh international conference on ‘Insurance and…
Economy
The governor of the Central Bank of Iran, Valiollah Seif, predicted the Iranian economy to grow and inflation to see further declines. Seif forecasted the economy would expand by three percent in…
Economy
The spot market at the Iran Mercantile Exchange (IME) witnessed an overall trade of more than 506,000 tons of commodities last week (ended Decem0ber 4), worth almost 9.7 trillion rilas, the IME’s…
Economy
The newly-formed national union of cooperatives for mines and steel - composed of numerous cooperatives in mining and steel manufacturing sector, plans to find a way to overcome the existing…
Economy
The head of the executive board at the Iranian Mines & Mining Industries Development & Renovation (IMIDRO) has denied reports on a recent decision to import Indian crude steel and steel…
Economy
The French automaker Renault has fallen short of fulfilling its promise to export Tondar 90 (Logan) spare parts to Iran, causing a decline in the production of the small family car here, ISNA…
Economy
Stocks at the Tehran Stock Exchange were knocked hard in the past week, ended December 3, with the TEDPIX wiping out almost 3 percent of its value to record one of its worst weeks within the…
Economy
Mortgage-backed securities, which experienced unprecedented price hikes during the past few months, even reaching 1,000,000 rials for a 5-million-rial housing loan in May, have lost some value,…
Economy
The export of iron ore during the eighth month of the current Iranian calendar year (ended November 21) declined 90 percent to reach 144,900 metric tons, based on official statistics from the…
Economy
Limited access to financing is one major problem Iranian industries are facing, Mohammad Ali Seyed-Abrisham, managing director of Iran’s Small Industries and Industrial Parks Organization (ISIPO…
Economy
The government can charge buyers of Mehr Housing units not more than three million rials ($111.5 at the official exchange rate), a ceiling already set for tax on each unit, Mohammad Mehrabadi, the…
Economy
More than 169,000 tons of agricultural products have been exported from the western Iranian province of Kurdistan in the first eight months of the current year (which started March 21), Karim…
Economy
Domestic manufacturing should have priority over promotion of the so-called free trade with the rest of the world, Mojatab Khosrotaj, the deputy minister of industry, mine and trade, said on…
Economy
The newly-inaugurated transnational railway linking Iran, Turkmenistan and Kazakhstan will transform the transit procedure in the region, said President Hassan Rouhani’s Chief of Staff Mohammad…
Economy
Hundreds of Turkish trucks are waiting in a 20-kilometer queue on Iranian border to have their tanks sealed before entering Iranian territory, IRNA reported on Friday.
Economy
The government has authorized the revival of the Management and Planning Organization (MPO) through merging two presidential offices, MNA reported on Wednesday.
Economy
Malls here, malls there and malls everywhere! The ubiquitous presence and influence of these monstrous structures across Tehran and other big cities are causing some real concern.
Economy
Bimeh Iran (Iran Insurance Co.) has paid $3.9 million to Iran Aseman Airlines in an insurance claim.
The insurer paid the money to cover the airline’s loss of revenue due to the…
Economy
The Bank of Industry and Mines is the first commercial bank to draw from the recently established Sino-Persian credit line to finance large infrastructure projects around the country.
Economy
The 21st national and seventh international conference on ‘Insurance and Development’ will be held today (Dec. 4), at the IRIB International Conference Center, the PR office of the Central…
Economy
