All Iranian expatriates have been eliminated from the list of subsidy receivers and high-income households who live inside the country are gradually being removed from the list, head of the…
Economy
Economy
Productivity in Iran has grown minimally by 0.5 percent over the past 15 years, head of the National Iranian Productivity Organization, Roya Tabatabaei Yazdi was quoted by IRNA as saying on Monday…
Economy
Parsian Bank led earnings among private lenders in the year ending March 2014, for the sixth consecutive time, according to the Industrial Management Institute.
The Tehran-based bank came…
Economy
Iran Insurance Company (IIC) is set to take over another peer company, Tose’e Insurance Company (TIC), the Supreme Council of Insurance announced on Tuesday.
The work permit of TIC has now…
Economy
Parliament members ratified an approval on Tuesday allowing the government to help raise capital for state owned banks by a maximum of five trillion rials ($180 million at official exchange rate…
Economy
The total amount of NPLs or non-performing loans in the banking system is estimated at two quadrillion rials ($72.3 billion at official exchange rate), more than twice the minimum estimate of 950…
Economy
A report published by well know Russian security firm Kaspersky Labs on Tuesday revealed that Iran is one of the most hacked countries from a new malware bug.
Economy
One plus one makes three: this equation is the special alchemy of a merger or an acquisition. The key principle behind buying a company is to create shareholder value over and above that of the…
Economy
Following months-long negotiations, mining companies will be offered loans to optimize their fuel consumption, said director general of the mineral office of the ministry of industry, mine, and…
Economy
A memorandum of understanding (MoU) has been signed between the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) and the Geological Survey of Iran to expand…
Economy
The Tehran Stock Exchange overall index pulled back from an early rally to a sharp decline, to notch a new record low in 2015 at Tuesday’s close.
Economy
Iran’s textile and apparel industry is worth $7.3 billion, with the apparel industry’s market value amounting to $5 billion and the textile and rug industry comprising the rest, announced the…
Economy
Tuesday trading at the Iran Mercantile Exchange (IME) was accompanied by offering of corn, both from local and overseas suppliers, on the agricultural trading floor, IME’s Public Relations and…
Economy
A report published by the parliament’s research center provides a general overview of mining and mineral industries in North Khorasan Province, located in northeast Iran.
Economy
Close to 257,000 tons of various commodities were put up on the boards of Iran Mercantile Exchange (IME)’s spot and secondary markets during Monday trading, IME’s Public Relations and Foreign…
Economy
The second phase of Sungun copper concentration plant, which was inaugurated last week, is an advanced copper recovery plant with state-of-the-art equipment that enables it to recover up to 92% of…
Economy
Ever since Iran and the P5+1 group (the five permanent members of the United Nations Security Council plus Germany) reached an interim nuclear deal in Geneva back in 2013, foreign companies have…
Economy
Iran Fara Bourse or over-the-counter (OTC) has registered 237 cases of takeover, worth 120 trillion rials (approximately $3.5 billion at market exchange rate), the chairman of Iran Financial…
Economy
Price swings at the Tehran Stock Exchange helped the benchmark to rebound and stand in green at Monday’s close. The TSE data illustrates that all indices contributed to push the TEDPIX in green,…
Economy
Saffron exports from Mashhad – the capital of Khorasan Razavi province in northeast Iran –registered a 30% growth during the first ten months of the current Iranian year (to end March 20),…
Economy
As Iran’s Foreign Ministry continues to foster warmer relations with countries around the world, this month’s turn was the sub-Saharan African country of Tanzania. Javad Zarif was in town as part…
Economy
Boosting the level of economic activities in the region and improving economic relations with the neighboring countries is high on top of the government’s agenda, reiterated minister of…
Economy
The sanctions imposed by the West on Iran’s economy as well as lack of a proper banking system between Iran and Pakistan have caused the annual trade exchange between the two countries to reduce…
Economy
The central Yazd province exported more than 1.25 million metric tons of commodities worth above $443 million in the first ten months of the current Iranian calendar year (ending March20), the…
Economy
Unlike 2012, when the Iranian police force cracked down on illegal foreign exchange dealers in Tehran and other big cities, the police have this time no plan to intervene in the market unless top…
Economy
