The world economy is undergoing major shifts. On the back of a resurgent US economy and falling global demand, oil prices have hit four-year lows. But oil has not been the only victim of the…
Economy
Economy
The governor of the Central Bank of Iran said on Monday that a possible reduction of the reserve ratio would lead to an increase in liquidity and inflation.
Economy
Demands by foreign investors to enter the Tehran Stock Exchange (TSE) have grown and recently a European financial institution has gained the permission to invest $20 million in the market, said…
Economy
Officials from the Kurdistan Regional Government of Iraq have signed five contracts with their Iranian counterparts to improve economic cooperation, Mostafa Abdallah, the head of exporters and…
Economy
A foreign company has won the tender to establish Sangan iron ore pellet manufacturing plant, Mehdi Karbasian, the CEO of the Iranian Mines and Mining Industries Development and Renovation…
Economy
Water and wastewater industries are active in 20 world export markets, Energy Minister Hamid Chitchian said in the opening ceremony of the 10th Iran International Water and Wastewater Exhibition…
Economy
The government has modified the amount of subsidies to be allocated to the government agencies and organizations. The move is in accordance with a proposal from the planning and strategic…
Economy
The future of Iran’s economy depends on the way it is going to be managed by the government, rather than being solely dependent on the results of ongoing nuclear talks with the P5+1 (the five…
Economy
A tax-exempt program for exporters is to be put into effect in an attempt to facilitate the ground for export activities, general director of renovation and development at Iran’ Trade Promotion…
Economy
Two years of consecutive slump in the number of housing units has led to a sharp fall in supply in the housing market and a subsequent rise in prices, Mohammad Mehdi Mafi, the secretary of the…
Economy
The railroad connecting Iran to Turkmenistan and Kazakhstan will be inaugurated on December 3 in the presence of the presidents of the three states, Iranian Railroad Organization official,…
Economy
A new Initial Public Offering (IPO) pushed the market cap up by 600 billion rials, while the Tehran Stock Exchange’s main index (TEDPIX) slid briefly to end in red territory for the second…
Economy
New production lines for three Renault products will be set up in Iran, the auto policy council’s spokesman told Tasnim news agency on Sunday.
In a meeting between Renault Company officials…
Economy
The number of trading codes, by November 24 this year, at Iran’s equity market reached 7,760,000 – up 14.5% compared to the same day last year with 6,776,341 trading codes, said an official at…
Economy
The ongoing stagnation in the steel market is expected to worsen due to winter and China’s dumping policy, said a member of Iranian Steel Producers Association (ISPA).
Economy
More than 11.7 million tons of cement was exported during the first seven months of the current Iranian year, which started March 21, Mehr news quoted the ministry of industry, mine, and trade as…
Economy
Import statistics released by Iran’s Customs Organization for the first seven months of the current Iranian year (March 21–October 22) indicate that the value of imports has increased by 72.24…
Economy
The 7th Biennial Kish Air Show opens on November 18 on the Persian Gulf island. The 4-day exhibition is aimed at helping participants understand changes in the Iranian aviation industry,…
Economy
Non-oil exports surpassed $27 billion in the first seven months of the current Iranian year (March 21-October 23), registering a 19 percent growth compared to the same period last year, IRNA…
Economy
A positive outcome of negotiations with P5+1 will set a proper ground for the expansion of bilateral cooperation between Iran and Italy, specifically in mines and industries, Mauro Conciatori, the…
Economy
A new terminal at Shahid Rajaie port in southern province of Hormozgan has started operation on Sunady, board member of Association of Sea Development, Saeed Izadian told ILNA on Sunday. “About 70…
Economy
The latest data provided by ministry of roads and urban development shows about 51% decline in the volume of construction projects in the current Iranian year (started March 21). The real estate…
Economy
Experts from the Food and Agriculture Organization of the United Nations (FAO) ended a six-day inspection tour of agricultural projects in the southwestern province of Khuzestan on Sunday, in a…
Economy
The industrial growth rate is projected to reach 4% in the second half of the current year (September 2014-March 2015), Hossein Mehrizi, deputy minister of industry, mine, and trade stated on…
Economy
The offering of creation units by the Industries Renovation Company of Iran (IRCI) will be available in the equity market on December 1, accounting for 91,630,000 shares, with the base price of 3,…
Economy
