Chabahar Free Zone in southeastern Sistan-Baluchestan Province will host the International Conference on Investment Opportunities in Makran on January 23-24.
Iraj Tajeddin, a spokesman of…
Economy
Economy
The annual cost of holding a prison inmate in Iran is nine times as much as that of a student.
Economy
The average Producer Price Index in the 12-month period ending December 20, which marks the end of the Iranian month of Azar, reached 3.5% compared with last year’s corresponding period. According…
Economy
Some 300,000 work permits have been issued for foreign nationals in Iran, according to an official with the Ministry of Cooperatives, Labor and Social Welfare.
“The permits issued are in…
Economy
Tehran Chamber of Commerce, Industries, Mines and Agriculture is planning to send a delegation of Iranian companies to the Czech Republic and Denmark from January 29 to February 3, 2017.
Economy
Baku is hosting a joint business forum between Iranian and Azerbaijani entrepreneurs on Dec. 27.
Economy
Esfahan Steel Company has signed a draft contract with Iraq’s General Company for Trading of Construction Materials, owned by the Iraqi Ministry of Trade for exporting iron products.
Economy
Mobarakeh Steel Company signed its first foreign investment deal worth $7.53 million with Finland’s Ecofer.
The deal, based on a build-operate-transfer contract, entails Ecofer providing…
Economy
The Iranian printing industry is out of recession and is well on the verge of a development boom.
The statement was made by Minister of Culture and Islamic Guidance Seyyed Reza Salehi-Amiri…
Economy
Certain industries are poised to benefit from the current market dynamics in the next six months ending June 21, 2017.
This was the conclusion of a report in the Persian daily Donya-e-…
Economy
Rising foreign exchange rates over the past several weeks is pushing up the price of raw material for automakers according to the secretary of Iran’s Automakers Association. He has called on the…
Economy
Volkswagen will unveil a concept for a self-driving electric minibus at the Detroit auto show next month as the automaker prepares to challenge Uber with its new Moia mobility services division.…
Economy
German luxury carmaker BMW will recall nearly 200,000 vehicles in China because of flawed airbags, according to the country’s quality regulator and the company, AFP reported on December 26.Some…
Economy
Lawmakers approved measures on Saturday requiring the Central Bank of Iran to prepare the grounds for undertaking constant oversight over the banking sector by establishing an online supervisory…
Economy
The greenback's rate reached 41,000 rials on Sunday, recording a new all-time high.
Subsequently, Governor of Central Bank of Iran Valiollah Seif said banks should reclaim their “historic…
Economy
Government-owned Banks Coordination Council and the Association of Private Banks and Credit Institutions have jointly written a letter to First Vice President Es’haq Jahangiri, asking him to…
Economy
The recent hike in the US dollar’s exchange rate in the Iranian market after the greenback gained against all other major currencies does not equal a weaker rial, claims a deputy economy minister…
Economy
More than 223,000 tons of non-oil goods valued at $70.2 million were exported to Brazil during the eight months to November 20. Export was a meager $4.5 million for last year’s corresponding…
Economy
Mofid Brokerage is keeping its edge over other brokers using its dominance of online trading.
Online trading is steadily gaining popularity in Iran, despite high transaction costs and…
Economy
Mining could play a pivotal role in all economies, whether directly or indirectly, by providing materials for other industrial sectors.
Economy
The average goods and services Consumer Price Index for urban areas in the 12 months ending December 20, which marks the end of the Iranian month of Azar, increased 8.6% compared with last year’s…
Economy
More than 1,430 tons of chewing gum worth over 69 billion rials (close to $1.71 million at market exchange rate) were imported during the seven months to October 21, according to figures released…
Economy
Rolls-Royce welcomes the decision by Iran Air to acquire 18 Airbus A330neo and 16 A350-1000 aircraft, which are powered exclusively by the Trent 7000 and Trent XWB engines respectively, the…
Economy
When oil revenues rise, the private sector’s power to compete is diminished, since it renders the government self-sufficient.
Mohsen Jalalpour, the former head of Iran Chamber of Commerce,…
Economy
Iran has been placed 6th in the latest world ranking for nanoscience production, the founder of the Islamic World Science Citation Database (ISC) said on Saturday.
Economy
