Business Monitor International forecasts the market will become the fourth largest pharmaceutical market in the Middle East and North Africa region by 2024, in terms of market size.
Economy
Economy
The Central Bank of Iran has ceased manufacturing and selling gold bars after a relative calm returned to the gold market.
CBI began to supply gold bars through Karafarin Bank during the…
Economy
Iran’s banking system is grappling with numerous problems, raising concerns over their future. International statistics show that Iran’s ranking in banking management is not very noteworthy.
Economy
Iran produces 770,000 tons of honey annually, accounting for only 0.4% of the global honey production, according to an official at the agriculture ministry, Mashallah Jamshidi. The number of…
Economy
Member of board at Iran’s Airports Company affiliated to the Ministry of Roads and Urban Development says Iran has purchased autoland and GPS aircraft tracking systems from an unnamed…
Economy
Mohsen Jalalpour was elected as the new chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture on Sunday. The sole candidate for the position, Jalalpour received 354 votes from…
Economy
Iran should move toward globalization to achieve economic stability, says chairman of the Education, Culture and Economy Department at Iran’s Chamber of Commerce, Industries, Mines and Agriculture…
Economy
At a meeting held in Johannesburg, Minister of Economic Affairs and Finance Ali Tayyebnia and South African Minister of Economic Development Ebrahim Patel stressed the importance of broadening…
Economy
First quarter numbers for basmati rice imports from India to Iran–the biggest buyer, accounting for a fourth of Indian sales overseas–are yet to be released, but Indian sources say that volumes…
Economy
Tehran Stock Exchange’s main index, TEDPIX, staged a relatively big rally at the beginning of Sunday trading. however, persistent ambiguities in the equity market evaporated part of the gains at…
Economy
Oil prices witnessed a sharp plunge last year due to the US becoming self-sufficient in shale oil and China’s sluggish economic growth reducing oil demand and consumption. Hence, oil-rich…
Economy
Close to 68,000 tons of mixed rebars and I-beam bundles, 6,444 tons of I-beam A3-12 and 25 and 1,100 tons of mixed rebar bundles were offered by Esfahan Steel Company on Iran Mercantile Exchange’s…
Economy
India's giant steelmaker Essar Group is planning to invest $2.37 billion on building a steel plant in Iran, according to managing director of Persian Gulf Special Economic, Industrial and Mining…
Economy
According to Governor General of the southeastern Sistan-Baluchestan Province Ali Owsat Hashemi, the province is home to 10% of the world’s antimony reserves, Mehr News Agency reported.
Economy
The gloom hanging over the listed industries at Iran Fara Bourse slashed expectations about their performance. The main index IFX edged down 4.85 points or 0.69 percent to end at 693.03. More than…
Economy
Goals have been set so that Iran will rank fifth globally in the realm of nanotechnology by the end of the next Iranian year (March 20, 2017), Vice President for Science and Technology Sorena…
Economy
Scientists in Australia have developed “long-term” memory, mimicking information processes of the brain.
Researchers at RMIT University’s MicroNano Research Facility have developed an…
Economy
In a meeting with members of Iran Chamber of Cooperatives, head of Securities and Exchange Organization, Mohammad Fetanat, announced that the so-called "cooperative stock market" is scheduled to…
Economy
As the US is waging a dangerous financial war with Iran, some experts are warning that the US could not win such a battle and that this could ultimately destroy the dollar as we know it.
Economy
The Central Bank of Iran made sanarate.ir the official website for publishing foreign exchange quotes, escalating the bank’s control over the market. The move came after fallout with the newly…
Economy
Chief executive of Iranian Urban Development and Revitalization Corporation announced that Bank Maskan and Ghavamin Bank can also grant renovation loans, which were formerly provided only by five…
Economy
Tabarok, a large industrial company, has blamed Bank Sepah for its current share repurchase crisis.
Economy
A delegation of 10 fund managers from top investment companies in the United Kingdom, Switzerland, France and Russia concluded their three-day visit to Iran on Wednesday after holding a meeting…
Economy
The government has concentrated much efforts on attracting private investments in the mining sector, even as a large number of foreign investors have shown interest in domestic mineral industries…
Economy
The deputy chairman of a Serbian manufacturer of agricultural machinery, Ivan Petrich, has invited Iranian tractor manufacturers for cooperation, IRNA reported.
Petrich made the call during…
Economy
