Economy

The minister of industry, mine and trade has devised three scenarios for collecting overdue foreign exchange loans in the form of a plan that has been submitted to the Central Bank of Iran and the…

The director general of the organization for nomadic affairs, Siavash Mirghaed, has stated that 40% of the livestock of nomads across the country will be insured according to an MOU signed…

Foreign carmakers seeking a return to the potentially huge Iranian market with the lifting of international sanctions will find the business environment has changed: former joint venture partners…

Imports outpaced exports by less than $3 billion in the first eight months of the year starting March 20, 2014. Nearly $34.2 billion worth of goods, mostly food and cars, were imported into Iran…

The ministry of communications and information technology will grant loans to private and knowledge-based firms to invest in telecommunication projects, Morteza Barari, the deputy minister said on…

At the invitation of the Ali Rabiee, the minister of labor and social affairs, his Qatari counterpart, Abdullah Saleh al-Khulaifi, will pay a visit to Iran in a few days to discuss issues of…

The director general of the National Building Regulations Bureau, Gholamreza Havai, has urged Tehran Municipality to work in tandem with the government while issuing construction permits.

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The ministry of roads and urban development has planned to deliver 700,000 Mehr housing units by the end of the current Iranian year (March 21, 2015), IRNA reported.

Ministry officials have…

The Central Bank of Iran (CBI) issued a directive on Sunday in a bid to support production enterprises in terms of financial and credit regulations, MNA reported.

The new…

Administration officials are still at odds whether to increase the price of bread across the country, MNA reported on Sunday. Earlier, the government announced it would allow bakeries to increase…

Iranian Steel Producers Association (ISPA) has announced that if the government accepts the Indians’ proposal to import steel in exchange for part of the oil money New Delhi owes Tehran, it would…

The first phase of building the country’s third car manufacturing hub in the southeastern port city of Chabahar will be complete by the end of the next Iranian calendar year (starts March 21, 2015…

The Tehran Stock Exchange (TSE)'s main index notched its fourth consecutive drop, as the indices slumped to drag down the market benchmark and pushing investors further to the edge.

The Securities and Exchange Organization (SEO) is continuing negotiations with the oil ministry and the ministry of economic affairs and finance to reopen the refineries’ ticker symbols on the TSE…

Mouteh Gold Complex (MGC) has reported 19 percent hike in its gold production during the first 7 months of the current Iranian year (March 21-October 22) compared to the same period last year,…

The fourth international and eighth national conference on the management of technology (IRAMOT 2014) will be held on December 1-2 on the Persian Gulf island of Kish.

“IRAMOT aims to…

A steering committee is set to be established at the Ministry of Communications and Information Technology which will work towards launching a national internet search engine, Mizan news agency…

In May of this year the government announced that it had eliminated import tariffs on electric and hybrid cars with engines of 2500cc and smaller. This surprise move shocked both local and foreign…

The statistics department of the Central Insurance (Bimeh Markazi) of Iran has announced a 37.4 percent increase in the number of insurance premiums, as well as a 24.7 percent increase in the…

Iran exports $455 million worth of tiles and ceramics every year, said the secretary of the 1st International Conference on Tile, Ceramics, and Sanitary Ware (ICTS 2014) on Saturday.

More than 151,000 metric tons of various commodities were traded at the Iran Mercantile Exchange on Saturday, IME’s PR and international affairs office reported.

The Stone Association of Iran has urged the government to revive the ministry of mines and metals, which had been created back in 2000 based on downsizing policies after a series of splits and…

Data about the prospect of the economy after the recent free fall in oil prices underscores a new wave of nervousness that has overtaken the Tehran Stock Exchange (TSE) in the wake of the equity…

It is projected that some 112,000 job opportunities will be revived by bringing the defunct industrial units back to life, Mohammad Abrishami, the deputy minister of industry, mine and trade, said…

The rial plunged on Saturday, as a plummeting oil price stirred fears of an increasing government deficit, adding to the sentiment that reined in the market after nuclear talks between Iran and…