With the goal of speeding up the execution of the government’s plans for creating economic momentum and easing the recession, Bank Melli Iran has issued a directive to all its branches,…
Economy
Economy
As the opening up of Iran's economy to global entrepreneurship and trade continues after years in the wilderness – something Morgan Stanley described as the biggest thing for the global economy…
Economy
Iran's ambassador to Berlin says the Hermes cover debt has been repaid and as a result, Euler Hermes coverage will resume soon.
Economy
The Export Guarantee Fund of Iran, the state-run export credit agency has been monitoring Russian companies’ creditworthiness in line with Iran’s plans for boosting trade with that country, said…
Economy
Tehran Stock Exchange’s benchmark index shed 412.90 points or 0.57% to close at 72,615 on Monday. Losing oil and gas, steel and mining companies were the main force behind the benchmark’s downfall…
Economy
The first phase of a major steel plant in Chaharmahal-Bakhtiari Province has become operational, according to the governor general of the province, Qasem Soleymani Dashtaki. The plant. established…
Economy
Equities had their worst month so far this year, with both Iran’s stock exchanges adding to losses incurred during the prior two months.
The first quarter has been awful for stockholders,…
Economy
Ubar Mining International LLC, a newly established Omani company, has acquired a 70% stake in an Iranian antimony mine.
Economy
The government has announced a new ruling regarding certain imported cars.
The administration has ruled that "all vehicles imported to Iran under a valid order issued in the import order…
Economy
Volkswagen will stop producing more than 40 car models in the coming years, as part of a new strategy by Europe's biggest automaker, German newspaper Handelsblatt reported on Saturday.
Economy
Toyota Motor Corp is targeting developing in the next five years driver assistance systems that integrate artificial intelligence to improve vehicle safety, the head of its advanced research…
Economy
Following negotiations with the Ministry of Industries, Mining and Trade, an auto manufacturing factory will go on stream in Sahne, said the governor general of Kermanshah province. Sahneh is a…
Economy
Permits are now mandatory for importing vehicles valued higher than $100,000 into free trade zones, said an official with the Arvand Free Zone Organization.
According to the organization's…
Economy
The Central Headquarters for the Resistance Economy has sent a list of struggling small and medium-sized enterprises eligible for cheap loans to banks. The banking sector will review the…
Economy
The lifting of sanctions imposed on Iran over its nuclear energy program enabled Iranian aluminum producers to increasingly embark on the import of alumina, the primary raw material required for…
Economy
More than 2.4 million tons of iron ore concentrate were produced in the second Iranian month of Ordibehesht (April 20-May 20), indicating an 11% growth compared to last year’s corresponding…
Economy
Tehran Stock Exchange's all-share index plummeted 1.19% or 878.60 points to close Sunday trade at 73,027.9, its lowest since February 2.
Huge losses by large-cap telecoms, oil and gas…
Economy
After a four-year hiatus, cement offerings for export have resumed at Iran Mercantile Exchange, the IME chief said.
Isfahan Cement Company initiated the offering with 2,000 tons of the…
Economy
Government control has been rife in the history of Iran’s economy after the nationalization of major industries over the past few decades, a lecturer at the Economics Department of Tehran…
Economy
Daily egg exports to Afghanistan have tripled to reach 150 tons, according to Iran’s Association of Egg Producers. Meanwhile, exports to Iraq have been put on hold due to the decline in…
Economy
Iran’s multitude of points of entry gives rise to smuggling, says head of Anti-Smuggling Organization Habibollah Haqiqi, noting that there are as many as 150 official in addition to eleven…
Economy
The Ministry of Industries, Mining and Trade has been put in charge of the Iran-Italy Economic Commission by the cabinet. This is while the Ministry of Foreign Affairs has been tasked with…
Economy
The population of Tehran has long surpassed its optimal city size, a paper submitted to the International Conference on Urban Economy held recently by Iran Urban Economics Scientific Association…
Economy
Banks will lower lending rates in the coming days, said Central Bank of Iran governor, Valiollah Seif on Sunday. The announcement comes after private lenders’ recent move to voluntarily lower…
Economy
Export Development Bank of Iran is offering 6% discount on the interest of loans given to exporters of goods with high value-added, said head of EDBI branch in Kerman Province, Mahmoud Momenzadeh…
Economy
