More than 1.03 million automobiles were manufactured in eleven months of the outgoing Iranian calendar year (March 21-February 19), to register a 58.2 percent increase compared to the same period…
Economy
Economy
Pineapples, bananas and coconuts, were the only fruits imported during the outgoing year (to end March 20), Mohamamd-Reza Naderi, the deputy for customs affairs in the Islamic Republic of Iran…
Economy
Iranians smoke 60 billion cigarettes a year, 38 billion of which are produced domestically, 10-14 billion are legally imported and the rest are smuggled, Ali Asghar Ramzi, an official in the…
Economy
A comparison of Iran’s revenues from three types of taxes, namely income tax, goods and services tax and taxes on international trade, with those of other countries over the past decade, reveals…
Economy
A new government-sponsored website has come online in the weeks running up to the Iranian New Year period. Called eshopfest.ir the new temporary website hopes to promote the use of online shopping…
Economy
In the next Iranian year (starting March 21) unified check books will be issued using an integrated system known as ‘Sayyad’, said Central Bank of Iran’s (CBI) head of communication and…
Economy
Iran’s largest mobile network provider has won an award for its contribution to the development of knowledge-based industries. Mohammad Atoofi, director of marketing and sales at MCI, was on hand…
Economy
T he Azadi bullion coin rebounded from a three-month low on Monday due to gold’s rise in the global arena as the dollar rally paused.
But gold and Azadi remained near a three-month low…
Economy
The manager of the Central Bank of Iran’s printing department has announced that the bank will print new versions of the 50,000 banknotes and 500,000 rial Iran Checks, which (like hard cash) are…
Economy
Bank Melli Iran has provided 18 trillion rials ($645 million at official exchange rate) in interest-free loans between March 21, 2014 and March 6, 2015, IRNA reported.
Economy
The Tehran Stock Exchange (TSE)’s gauge briefly rebounded at Monday’s close to change the equity market’s dented sentiment, with all indices settling in green.
Economy
French automaker PSA Peugeot Citroën and its Iranian counterpart Iran Khodro (IKCO) recently reached a new agreement, but some believe IKCO should adopt a tougher approach in order to prevent…
Economy
The Chinese ambassador in Iran, Peng Sen, vowed that his country would soon solve the financing problems with the People's Bank of China, Sinosure, and China Development Bank to help facilitate…
Economy
The Iran Mercantile Exchange (IME)’s export trading floor featured 100,000 tons of iron ore concentrate, with the base price of $24 per ton, offered by Sangan Iron Ore Complex at Monday trade.…
Economy
A micro website called ourwishes.ir has been set up to collect wishes and aspirations for everyone celebrating the upcoming Persian New Year of 1394. This is the first website created for the sole…
Economy
Top Presidential Advisor Akbar Torkan on Sunday threatened to expose politicians who plan to use ill-gotten wealth in their election campaign in the next Iranian year.
Economy
In its latest monthly report (the month ending to Jan. 20) on economic indicators, the Central Bank of Iran (CBI) did not include statistics on bounced checks.
Previously available figures…
Economy
Bank Keshavarzi (Agriculture Bank) has announced that it is ready to invest in the auto industry.
Providing financial services based on clients’ needs and boosting manufacturing in…
Economy
P rice comparison websites have become increasingly popular around the world over the last ten years. In the United Kingdom and the United States market research groups have estimated that…
Economy
Iran’s e-check system, Checkavak, went online in four other provinces, Banker news website reported on Sunday.
North Khorasan, South Khorasan, Bushehr and Hormozgan have now joined the…
Economy
The cost of producing every metric ton of iron ore in Iran is between 15 and 20 dollars while the figure in Australia is around $7, said the chairman of the Iron Ore Producers and Exporters of…
Economy
The evident bearish trend at the equity market has intensified the pullback at the Tehran Stock Exchange, with the TEDPIX plummeting 104.4 points or 0.16 percent to end at 63,806.7 at Sunday’s…
Economy
Plans by the ministry of industry, mine and trade target a 15% growth in the mining sector for the upcoming Iranian calendar year (to start March 21) from the current 10.5%, Eghtesadnews cited…
Economy
The online system to sell iron and steel products has been officially launched, enabling the retail consumers to buy products on prices usually below the market price, IRNA quoted the Samanehahan…
Economy
Al- Etihad Airways, the second largest airline of the United Arab Emirates, is to increase its flights between Abu Dhabi and Tehran from three flights a week to a daily service, as of April…
Economy
