More than 200,000 tons of commodities were offered on Iran Mercantile Exchange’s trading floors on Sunday.
Economy
The producers of concrete and metal building products are operating at only 30% of their capacities, while 10% have been forced to close down in the last Iranian year (ended March 20), according…
It is widely known that mechanization or utilization of agricultural machinery and tools can dramatically improve productivity in the agriculture sector and set the stage for competitive…
According to the Ministry of Industries, Mining and Trade, Iran has more than 82,000 small-and medium-sized enterprises. According to the ministry, an SME is defined as an entity with less than…
The governor of the city of Bam in Kerman Province has proposed the establishment of a bourse for trading dates to help farmers market and sell their products better. “Bam is one of the leading…
More than 148,000 tons of goods worth $77 million were exported through Golestan Province during the first quarter of the current Iranian year (started March 21), which indicates an 80% increase…
Western planemakers look set to reap billions of dollars in deals with Iran, if a nuclear deal is reached to allow one of the world’s most promising aviation markets to come out of quarantine.
Water-intensive farming in light of dwindling underground water resources is not economically feasible, a local agro-economist said, as reported by Eghtesad News. “Exporting water-intensive crops…
A lawmaker has opposed the proposal to establish a real-estate bourse in Iran, saying it would further destabilize the already sluggish housing market.
Ebrahim Nekoo, who serves on the…
Bank Saderat has opened a 662.93 trillion-rial ($20.3 billion at market exchange rate) credit line to finance six national development projects.
The final draft of a bill that seeks to reform the banking system will be given to the Cabinet for review soon.
The bill was drafted by the Ministry of Economic Affairs and Finance and the…
Non-performing loans, mammoth government debt to banks and capital assets of banks locked up in non-banking ventures are but a few reasons for Iranian banks to resort to lending from the Central…
Since September 2014 when the first construction fund, called Nasim, was established in Tehran, shareholders have achieved 9.3% in dividend growth, Donya-e-Eqtesad reported on Sunday.
Gartner Technology, a US-based research company, has reported their worldwide PC shipment numbers. According to the company, PC shipments totaled 68.4 million units in the second quarter of 2015,…
A research group at Canada's McGill University is using black phosphorus to present new generation of tiny transistors. The new study led by Dr. Thomas Szkopek and conducted by Iranian scientist…
The past three months have redefined the education technology market among startup companies. Concerns about free content from YouTube and educational nonprofits, as well as user engagement and…
The implementation of Resistance Economy—a set of guidelines advocated by the Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei to decrease the country’s reliance on oil exports—will…
Iranian workers are awaiting a decision by the government to increase housing allowance as part of their monthly salary.
“The proposal to raise the allowance has been sent to the Cabinet…
A s the Greek debt crisis reaches a crescendo, questions remain as to how the country found itself in its current dilemma.
Seven Iranian banks are connected to SWIFT, the international interbank messaging network, offering their clients a window to the global banking system, said the vice governor of the central bank…
Iran has $5.21 billion in foreign debt, and some $245 billion are circulating the economy, central bank statistics show. The country had $428 million in short-term debt and $4.78 billion in long-…
More than $4.62 billion worth of goods were exported to China, Iraq, the United Arab Emirates, India, Afghanistan, Turkey and Turkmenistan in the first two months of the current Iranian year (…
As negotiations between Iran and world powers get close to a final deal to end a dispute over Iran’s nuclear energy program and to consequently remove western sanctions imposed on Iran’s aviation…
Until further notice, chicken can be exported with no permit requirement from the Ministry of Agriculture, reported the Trade Promotion Organization of Iran. “Unlike previous years, we are facing…
Risk-taking is the key to success for traders in the Iraqi market, said deputy minister of industries, mining and trade in economic and business affairs. “By identifying and tackling trade…
