Iranian expatriates have invested more than $500 billion outside Iran, according to head of exports committee at Iran’s chamber of commerce, mines, industry and agriculture, Assadollah Asgaroladi…
Economy
In probably one of the most curious transit disputes in the Middle East over the past year, Tehran and Ankara have so far failed to solve the issue of long line of trucks – reaching 15 kilometers…
More than $480 million worth of aquatic products were exported during the past Iranian year (ended March 20), IRNA quoted managing director of union of fisheries cooperatives, Arsalan Ghasemi, as…
Russia’s Federal Service for Veterinary and Phytosanitary Surveillance (FSVPS) has given the greenlight to import of Iranian dairy products and poultry, according to Iran Veterinary Organization…
Iran will produce $47 billion worth of agricultural products by the end of the year, experiencing an average annual growth of 2.9% in the next five years, Business Monitor International forecasted…
The Central Bank of Iran announced on Monday that commercial banks are allowed to engage in mass building projects if they use savings, rather than their internal resources, to fund them.
The spokesman of the economic committee of the parliament, Rahim Zare’, announced that a motion on usury-free banking was approved Sunday on the floor, a move that would limit usury banking…
Islamic banking’s usury-free monetary system has always been among the concerns of Muslim-majority countries. These ideals, along with fair lending regulations and statutes have eluded the Iranian…
T here is no denying it. Social media is changing everything, from how we find restaurants and book flights to how we gain access to news. Iran with its tech savvy, fashion conscious young…
Over 68 percent of lending in the 11 months to Feb. 19 (the first 11 months of the Iranian fiscal year), was used for buying durable Iran made goods, ISNA reported on Monday, citing central bank…
Stocks bounced back on Monday, propping up the Tehran Stock Exchange benchmark with refining companies providing the biggest boost to TEDPIX.
Mobarakeh Steel Company (MSC) offered different steel sections in the Iran Mercantile Exchange’s spot market on Monday trading, IME public relations reported.
The CEO of Tehran Stock Exchange has rejected accusations that large institutional investors have manipulated prices, according to comments made in a recent interview with ISNA. …
About $6.5 billion worth of ores and mineral products were exported over the past Iranian year (ended March 20), Eghtesad-News quoted deputy minister of industry, mine and trade, Ja'far Sarqini as…
According to the head of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), a consortium composed of IMIDRO, private sector companies, and Chabahar Free…
More than 4,500 tons of fish feed have been produced and exported since the beginning of this year (March 21) by the country’s largest aquafeed factory located in Shahr-e Kord city of…
The goods and services consumer price index for urban areas (CPI-U) increased 14.3 percent in the twelve-month period ending on May 21, which marks the end of the second month of the Iranian…
The southeastern province of Sistan and Baluchestan appears to have seriously caught the eye of foreign investors. After India signed a memorandum of understanding (MoU) earlier this month to…
South Ossetia’s deputy president Alan Tekhov, who is heading a business delegation to Iran’s Golestan Province, said on Sunday that his government is seeking to expand trade ties with Iran via the…
A business delegation from Slovakia is in Tehran to hold talks with Iranian business community and scope out possible trade opportunities in Iran, Mehr News Agency reported on Sunday. The…
An exhibition of Iranian products is scheduled to be held in Lagos, Nigeria, early June, Tasnim News Agency reported. The products fall in four main categories of building and construction…
Iran Khodro Diesel (IKCO Diesel), a leading manufacturer of commercial vehicles in the Iranian market which was formerly active in the production of E-Class Mercedes-Benz sedans between 2008 and…
Hyundai Motor Co. said it would boost output of its Tucson SUV by increasing production at a South Korean assembly line that currently makes sedans in order to meet demand from markets…
Air pollution doesn't only harm lungs, it could also impair brain function, Autoblog UK reports. A new study from European researchers found breathing polluted air diminishes cognitive…
Contrary to some experts hailing the Money and Credit Council’s recent move to decrease interest rate ceilings, an economic expert cast doubt on whether the decision could have a positive impact…
