A deputy manager of Moallem Insurance Company has rejected an allegation that his firm has failed to meet its commitments in covering losses for pensioners and recipients of life and retirement…
Economy
Economy
In a bid to boost business, commercial banks in Iran have been urged to increases the number of loans going to small and medium-sized enterprises (SMEs), said Ali Asghar Mir Mohammad Sadeghi,…
Economy
As nuclear talks between Iran and six world powers (P5+1) approach the final lap, Iran is preparing to restore banking links with the rest of the world after years of separation, but the process…
Economy
Gold coins rebounded from six-week lows on Wednesday, bolstered by dollar's gains in Ferdowsi Street – the center of currency trading in Tehran – and increased demand for the precious metal, while…
Economy
The 22nd International Agricultural Trade Fair entitled “Agro-Food 2015 Exhibition” will be held at Tehran International Permanent Fairgrounds on May 26-29, IRNA reported.
Economy
According to data released by the Islamic Republic of Iran Customs Administration (IRICA), about 3,000 metric tons of meat worth $12 million was imported in the first month of the current Iranian…
Economy
The oversupply in the chicken egg market over the past Iranian calendar year (ended March 20), inflicted heavy losses on the producers and they are now on the verge of bankruptcy, Eghtesad-News…
Economy
The horse industry is regarded as a million-dollar industry throughout the world and in Iran too; however growth is hampered by a number of factors, among them equine imports from neighboring…
Economy
Iran and Poland are exploring avenues for stronger railway cooperation, with the Polish side showing enthusiasm to share with Iran its latest technological achievements.
Economy
Iran will protect its domestic market and the manufacturing sector once the western sanctions – imposed against Tehran over its nuclear energy program – are lifted, First Vice President Es’haq…
Economy
Iraq’s Minister of Industry and Minerals, Nasser al-Issawi, called for more investment by the Iranian companies in different sectors of the Iraqi economy, saying Baghdad will provide the investors…
Economy
Pars Khodro, one of Iran’s major auto manufacturers, has started the trial production of Renault Sandero, ISNA reported on Wednesday.
According the company CEO, Nasser Aghamohammadi, the…
Economy
The auto loan ceiling in Iran has been raised to 150 million rials ($4,450 at market exchange rate) following the recent approval by the Money and Credit Council (MCC), with the Central Bank of…
Economy
General Motors has cut vehicle prices in China after sales fell last month in the world’s largest automotive market, Reuters reported on Wednesday. The No. 1 US car maker’s joint venture with SAIC…
Economy
UK’s High Court has ruled that a $4 billion damages trial brought by Iran’s Bank Mellat against the Treasury should proceed after it rejected the UK government’s attempt to delay the hearing, the…
Economy
Close to nine billion dollars was raised through Iran's capital markets in the year ending March 21, 2015.
Economy
Legal experts have welcomed the establishment of specialized courts to tackle financial cases, saying a vacuum had been felt in this regard in the judicial system over the years.
Tehran’s…
Economy
An expert has supported the currency swap agreements the Iranian government has recently signed with several neighboring countries, arguing that they would benefit the national economy.
Economy
The Maku Airport will come into operation in the city of Maku, West Azerbaijan Province, as of July, director general of Maku Free Zone, Hossein Forouzan announced on Tuesday, as reported by ISNA…
Economy
The fifth meeting on the expansion of cross-border economic cooperation between Iran’s West Azerbaijan Province and four Turkish provinces of Van, Hakkari, Acri and Igdir opened in the…
Economy
About 177,000 metric tons of detergents and toiletries, worth $138 million were exported in the past Iranian calendar year (ended March 20), director general of health, medicine and food industry…
Economy
Many foreign investors and businesses were forced to leave the Iranian market as the economic sanctions against Iran —imposed by the West over the country’s nuclear energy program— intensified in…
Economy
The 202th summit of Economic Cooperation Organization (ECO) Council of Permanent Representatives was held on 11-12 May in the city of Kashan in the central Isfahan Province. As Mehr news…
Economy
Barley is a common staple food and a popular cereal in many countries, surpassed only by wheat, corn and rice. The plant can be cultivated in most parts of Iran due to its adaptability with dry…
Economy
The rapid growth in aluminum output in the first month of the current Iranian calendar year (ended April 20) has brought hope that the country may graduate from the current 19th biggest global…
Economy
