Valiollah Afkhami-Rad, head of the Trade Promotion Organization of Iran, is due to visit Budapest September 14-18 at the head of a commercial delegation.
Economy
Economy
About 1,800 tons of milk in excess of domestic demand is converted into powdered milk everyday as demand has tanked for this dairy product, according to the head of the Agriculture Commission of…
Economy
Iran exported more than 144,300 tons of non-oil goods worth $141.3 million to Spain during the first four months of the current Iranian year (March 20-July 21), which shows a 58% increase compared…
Economy
Iran exported $27 million worth of hand-woven carpets to the US during the first four months of the current Iranian year (March 20-June 20, 2016), according to head of Iran’s National Carpet…
Economy
About 95% of the agricultural machinery need is met by domestic producers, according to Kambiz Abbasi, an official with the Ministry of Agricultural Jihad.
Economy
Iran’s High Council of Free Trade and Special Economic Zones is lobbying for setting up new zones across the country. However, the move is facing strong opposition from opponents trying to block a…
Economy
Jalal Abad Iron Ore Mine produced 334,793 tons of granulated iron ore during the first four months of the current Iranian year (March 20-July 21), indicating a 134% surge compared to last year’s…
Economy
The Securities and Exchange Organization is starting the regulation of its handful of venture capital companies by listing them on the Iran Fara Bourse over-the-counter market. The listed VC…
Economy
Major Iranian steel producers Khouzestan Steel Сompany (KSC) and Mobarakeh Steel Company (MSC) have ramped up slabs shipment exports. The two companies have not only raised export volumes but also…
Economy
The increase in value of Iran’s mineral exports during the first four months of the current Iranian year (March 20-July 20) was due to rise in commodity prices during the period, says Kamran Vakil…
Economy
Iran Computer and Videogames Foundation (IRCG) will represent Iran’s gaming sector at Gamescom.
Organized by BIU (Federal Association of Interactive Entertainment Software), Gamescom is a…
Economy
The US-based multinational financial services corporation MasterCard has rejected recent reports about its cooperation with Iran.
MasterCard Spokesman Seth Eisen told Trend on August 15…
Economy
A memorandum of understanding was signed last week to develop Iran’s game and animation industries.
Economy
Iran’s Ministry of Industries, Mining and Trade announced that Apple Inc. has no official representative in Iran, although its products are widely sold by unauthorized sellers across Iran.
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Economy
Foreign insurance companies could help promote healthy competition in the Iranian market and bring considerable benefit to the public, said the head of Insurance Research Institution.
Economy
Economic Cooperation Organization’s member-states have called for the establishment of stronger banking relations.
On the second day of the 21st meeting of executive committees for ECO…
Economy
Shetab, Iran’s national interbank transaction network, hosted 1.3 billion transactions during the month ending June 20, with a total worth of 1.9 quadrillion rials ($61.2 billion). …
Economy
In the first four months of the current fiscal year ending July 21, Bank Maskan's loans for construction and purchase of residential units registered a significant growth year-on-year, announced…
Economy
The government paid 137 trillion rials ($3.87 billion) in cash subsidies during the first four months of the current fiscal year (March 21-July 21), according to the spokesperson of the Majlis…
Economy
Minister of Economic Affairs and Finance Ali Tayyebnia arrived in Beijing on Monday at the head of a delegation to attend the 16th session of the Iran-China Joint Economic Commission. The 15th…
Economy
Production units to be established in the less developed areas will be exempt from tax, deputy minister of industries, mining and trade, Hossein Abouyi Mehrizi has announced. Production units to…
Economy
The Islamic Republic of Iran Railways says plans are underway so that 7 million people can use suburban trains from the next fiscal year (starts in March 2017). According to the IRIR chief…
Economy
More than 5.5 million tons of goods valued at $2.5 billion were exported to the UAE during the first four months of the current fiscal year (March 20-July 21), which shows a 47% rise compared to…
Economy
The chambers of commerce of Iran and China have signed a memorandum of understanding to boost cooperation in China’s Belt and Road Initiative (B&R), which aims to connect China to Europe via…
Economy
Markets were unmoved by promising first quarter data on Monday as concerns over the future persisted. Poor company fundamentals meant few investors were elated at a sudden acceleration of economic…
Economy
