Tehran Stock Exchange’s benchmark piled up more gains in a fresh rally amid upbeat news, to notch up 276 points or 0.43 percent at Saturday’s close, ending higher at 63,835.7.
The optimism…
Economy
Economy
Cement exports to Iraq have recently seen a 20% drop as the Arab country’s demand has decreased over the sluggish pace of construction projects, said secretary general of Iran-Iraq Joint Chamber…
Economy
Daily trade at Iran Fara Bourse reached about $91.8 million to post a 202-percent surge at Saturday’s close compared with the same day of last week.
As IFB reported, more than 108 million…
Economy
A great deal of financial news has lately focused on the US Federal Reserve’s two-day meeting amid stock prices tumbling in almost every market around the world. Speculations had it that the…
Economy
The growing security concerns in Afghanistan have pushed some Chinese and Indian companies to withdraw their mining investments from the country. This is increasing the chances that the investors…
Economy
Iran ranks among the top three date producing countries worldwide, with production exceeding 1 million tons per year. Different varieties of date fruit are grown in Khuzestan, Hormozgan, Bushehr,…
Economy
Bulgaria’s ambassador to Iran, Christo Polendakov, called for expansion of bilateral ties in a meeting with Iran’s deputy minister of industries, mines and trade, Hossein Esfahbodi. “My country…
Economy
Following a streak of objections from the weaving and clothing industries against the controversial preferential trade agreement with Turkey, the Trade Promotion Organization of Iran has finally…
Economy
It is a good sign that people in Iran are paying increasing attention to the accuracy of government data.
Economy
The Imam Khomeini International Airport is boasting two new flight routes. According to IKIA’s deputy head of Airport Facilities Department, Nader Afshar, the new routes include flights between…
Economy
The government has allocated as much as 600 billion rials (more than $20 million at official exchange rate) for the preservation of natural resources in the current Iranian year (started March 21…
Economy
As per the decision of the Ministry of Industries, Mines and Trade, all items of clothing available in the market should have barcodes, said a member of the Iran Textile Exporters and…
Economy
Renault Pars, Renault's local joint subsidiary company, has announced that it will soon offer a new breakdown service for Renault car owners. The new service is aimed at Renault vehicle owners and…
Economy
European vehicle sales are up 7% this year through May, but the market is showing signs of a potential slump.
In May, sales grew 0.8% compared to the same month in 2014, according to…
Economy
Pars Khodro and French carmaker Renault are set to produce 15,000 Sandero hatchbacks in Iran by the end of the year (March 19, 2016), CEO of Azin Khodro Reza Rezaei said.
Renault…
Economy
Honda Motor Co. confirmed an eighth fatal victim of a ruptured Takata Corp. airbag inflator after completing the investigation of a September crash in Los Angeles.
Jewel Brangman was…
Economy
Renault unveiled the Duster Oroch no-frills pickup truck aimed at the emerging Latam market as the automaker bets on resilient demand in South America and hopes to build on the success of its…
Economy
An analyst has made the case that with the lifting of sanctions, foreign exchange rates will be unified and the major foreign currencies—notably the US dollar—would even appreciate against the…
Economy
Iranian banks can enhance public confidence if they fight against money laundering and help root out financial corruption, a move that can ensure banks’ safety, said CEO of Bank Keshavarzi (…
Economy
Iranian businesses are preparing for a jump in activity following the lifting of sanctions against Iran over its nuclear energy program.
As foreign investors and fund managers scour Iran…
Economy
After three weeks of rout at Tehran Stock Exchange, TEDPIX wrapped up the week ending June 17 in green, pulling up 1,238 points or 1.99 percent to settle at 63,559.7.
Economy
If you take a walk in Tehran, more than any other shop, you will probably see traditional independent grocery stores. Some of them, located right next to each other, are intensely competing over…
Economy
More than 464,402 tons of commodities were traded at Iran Mercantile Exchange’s spot market during the week that ended June 17 valued at more than $233 million.
As the IME reported, the…
Economy
Dominic Bokor-Ingram recently visited a growing economy full of well-run companies that the London-based money manager deemed ripe for investment.
The catch: The place was Tehran, a target…
Economy
Trade at Iran Fara Bourse rose 20 percent in value for the week ending June 17 compared to the previous trading week with chemicals accounting for the lion’s share of trades.
Exchange-…
Economy
