Iron ore concentrate production during the seven months to October 21 stood at 17.87 million tons to register a 20.9% rise compared to last year’s corresponding period, Iranian Mines and Mining…
Economy
Economy
Stock markets were mostly quiet in the past trading week that ended November 23, as Tehran Stock Exchange’s benchmark index inched 117.2 points or 0.14% to close at 79,385.6. IFX, the over-the-…
Economy
During his recent visit to Japan, Indian Prime Ministers Narendra Modi and Shinzo Abe welcomed the prospects of cooperation between the two countries for promoting peace and prosperity in the…
Economy
President Hassan Rouhani’s three-nation trip to Southeast Asia in October, which began in Vietnam and was followed by stops in Malaysia and Thailand, culminated in his address to the second Asia…
Economy
Irancell, Iran’s largest mobile Internet service provider, and Myket, a local Android app store has launched a new join direct billing service this week. The facility which is called Direct…
Economy
Online spending by US bargain hunters climbed to above $1 billion by Thanksgiving evening, according to Adobe Digital Index, surging almost 14% from a year ago and reflecting a broader trend away…
Economy
In a metropolis such as Tehran, motorbikes are commonly used as a means of transportation and also for parcel delivery services. They are the fastest and most convenient method for getting a…
Economy
Amazon.com is in talks to acquire UAE-based online retailer Souq.com for $1 billion in a deal that will give the e-commerce giant a footprint in the high-growth Persian Gulf market, according a…
Economy
The mountain of debt is one major challenge the government is facing and it would be beneficial for the economy if the government is indebted to the public as opposed to the banks, says a senior…
Economy
The government has repaid 10 trillion rials ($311 million) of its debts to the private sector through restructuring deals since April 2015, said Mehdi Banaei, director of Debt Management Division…
Economy
The US dollar is continuing its post-Trump rally in the Tehran market, further throwing into uncertainty Central Bank of Iran pledge to unify foreign exchange rates by March 2017. The greenback…
Economy
The government’s Social Housing scheme has begun in earnest and aims to cover as much as 70% of the rent for the vulnerable and low-income groups, says the deputy minister of roads and urban…
Economy
Iran has established correspondent relationships with 230 foreign banks since January following the implementation of the nuclear deal.
Economy
Tehran Stock Exchange’s main index shed 8.20 points or 0.01% to end Wednesday trade at 79,385.6.
More than 1.4 billion shares valued at $64.6 million changed hands for the day.
…
Economy
Iran Mercantile Exchange, SMEs Investment Guarantee Fund and Iran Small Industries and Industrial Parks Organization have signed a memorandum of understanding to support the growth of small- and…
Economy
The 16th International Exhibition of Home Appliances opens at Tehran’s International Exhibition Center today and will run for four days.
Referring to the exhibition slogan of “Let’s Get to…
Economy
Iran has been chosen to host the 13th edition of Asia-Pacific meeting of the International Summit of Cooperatives in 2018, the deputy head of Iran Chamber of Cooperatives, Alireza Qaragozlou, said…
Economy
An advisor to agriculture minister said all soybean oil in Iran is imported from Argentina and Brazil and produced from seeds of genetically modified soybean plants.
Referring to the…
Economy
The Ministry of Industries, Mining and Trade has published statistics on the mining sector’s performance during the first half of the current Iranian year (started March 20).
Close to 365…
Economy
French IT company Atos SE has signed a memorandum of understanding with Iranian securities market authorities to upgrade trading software of Iranian exchanges.
Shapour Mohammadi, the head…
Economy
Iran’s Central Securities Depository announced it has joined the executive board of the Federation of European and Asian Stock Exchanges.
“CSDI plans to play a more active role in line with…
Economy
Publisher John Wiley and Sons have contracted Iran Financial Center to hold online preparation courses for professional international financial certificates. The three-year contract was signed…
Economy
The government is planning to buy some 20,000 tons of apples and 40,000 tons of oranges at guaranteed prices from local farmers to fill up its reserves for the Norouz (Iranian New Year) holidays,…
Economy
About 29,300 tons of eggs were exported during the seven months ending October 21, registering a decline of about 40% compared with last year’s corresponding period, the secretary-general of Iran’…
Economy
Italy’s industry minister has pledged to support business deals with Iran potentially worth billions of dollars, undeterred by fears US president-elect Donald Trump could put slowly thawing…
Economy
