Improving financial discipline and financing strategy in the state-run economic sectors is a priority of the Central Bank of Iran, said Jafar Mehdizadeh, managing director of the bank’s economic…
Economy
Economy
The recent decision by the Saudi government to cut diplomatic and economic ties with Iran followed by similar moves by Bahrain and Sudan will not pose any major challenge to Iran’s vibrant gold…
Economy
The Export Development Bank of Iran offers export loans with rates between 16-21%, said Ali Salehabadi, the bank CEO, eximnews.ir reported. For regular loans the rate is 21% but for Musharakah…
Economy
An official with Bank Maskan (housing bank) has responded to earlier criticism by the deputy minister of roads and urban development who said the 18.5% interest rate on the newly initiated 600-…
Economy
Many producers of home appliances are on the verge of going bankrupt by March 2016 since there is virtually no customer for their products, says the head of Home Appliances Union.
Mohammad…
Economy
A couple of years ago, there was fear of damage to the global economy from rising commodity prices.
Apart from a brief but sharp plunge in 2008, when the world seemed to be falling apart,…
Economy
Tehran Stock Exchange’s overall index jumped 237.80 points or 0.53% to end Tuesday trade at 62,055.9.
More than 736 million shares valued at over $47 million were transacted to register a…
Economy
Russia will remove import tariffs on Iran’s dairy products as of January 15, said the head of Iran Chamber of Commerce, Industries, Mines and Agriculture. Mohsen Jalalpour added that the facility…
Economy
The Saudi government has cut its economic and diplomatic ties with Iran under the pretext of an attack on its Tehran Embassy. Bahrain, Sudan and Djibouti followed suit and the UAE downgraded its…
Economy
Exports from most Iranian provinces since the beginning of the current Iranian year (March 21, 2015) mark a rise in terms of volume and value.
According to a report by Mehr News Agency,…
Economy
Mahallat County in Markazi Province exported flowers and ornamental plants worth $10.8 million to Iraq, Azerbaijan, Tajikistan, Japan and Thailand during the nine-month period ending December 21.…
Economy
Iran and Afghanistan have signed a memorandum of understanding to facilitate transit via border crossings. The MoU was signed in a meeting between transport officials of the two countries after…
Economy
Trade with China saw a 34% decline in 2015, says the deputy head of Iran-China Chamber of Commerce. Majid Reza Hariri added that the falling prices of oil, gas condensates, iron ore and other…
Economy
MTN Irancell has launched new online services to support its subscribers and communicate with them through the highly-popular messaging application Telegram. The company has launched its Telegram…
Economy
Nvidia is kicking off CES 2016 with its traditional first keynote. CEO Jen-Hsun Huang wasted no time getting to the “punchline,” a new supercomputer for cars he’s calling the Drive PX2, the follow…
Economy
Finland’s Nokia said on Monday it has gained control of French rival Alcatel-Lucent following its €15.6-billion ($17 billion) all-share offer and the two telecom equipment makers would combine on…
Economy
Online searches using the word “Iran” in English and Persian scripts have jumped 10% during the past few days, according to Google.
The leading country heading this trend is surprisingly…
Economy
A member of the Iranian Society of Consulting Engineers has called for revising the manner in which construction permits are issued by shifting authority from the municipalities to the…
Economy
Lenders should offer housing loans with long-term repayment periods in order to lift the sluggish housing market, Hussein Abdo Tabrizi, an advisor to the minister of roads and urban development…
Economy
Heavy investment in real estate and business ventures is the primary reason behind the failure of Samen-al-Hojaj Credit Institution to meet its financial commitments to depositors.
Economy
The Majlis Research Center has voiced support for the healthy operations of interest-free institutions (aka Qarzol-Hasaneh) saying the presence of the small-scale financial institutions is “…
Economy
The Economy Ministry and a Danish bank have signed a memorandum of understanding (MoU) on banking ties, Foreign Minister Mohammad Javad Zarif said.
Economy
Following a request by the Central Bank of Iran, the Communication Regulatory Authority of Iran has banned unauthorized financial institutions from sending SMS ads. The CBI has also taken up…
Economy
Marine industries in Sistan and Baluchestan Province provide an investment bonanza, said the province’s governor general on Saturday.
Economy
The Central Securities Depository of Iran issued 19 new trading codes to foreign investors in the Iranian month ending December 21. According to SENA news agency, the sole registration entity and…
Economy
