The US dollar along with a basket of major currencies depreciated against the rial over the first two working days of the Iranian week, with private bueraux de change in Tehran trading the dollar…
Economy
Economy
With more than 2 million metric tons of chicken meat produced per annum, Iran has become self-sufficient in chicken farming, deputy minister of agricultural Jihad, Hassan Rokni said on the…
Economy
Trade between Iran and the Chinese southern province of Guan Dong stood at $15 billion in 2014, Jae-Young Fang Chen, the Chinese deputy governor said in her meeting with Ali-Reza Salarian, the…
Economy
Iran and the International Transport Forum (ITF) have singed an MoU to expand bilateral transport ties and improve business environment in this sector, Mehr news agency reported on Sunday.
Economy
The first all-concrete runway has been officially inaugurated in Shahid Madani Airport, in the northwestern city of Tabriz, in the presence of the First Vice President Es’haq Jahangiri, ISNA…
Economy
The government is determined to complete the Mehr Housing Project by the end of the first half of the upcoming fiscal year (starting March 21), deputy minister of roads and urban development…
Economy
Talks are underway between the Iranian and Omani delegates for launching a direct shipping line between the two countries; IRNA reported, citing the Muscat-based daily Al-Zaman.
Economy
In today’s global marketplace, effective branding is viewed as a key to success, one that gives the companies a major edge in increasingly competitive markets. Brand is often considered as a…
Economy
Iran's handmade carpet industry seems to be losing its once elevated status. Those watching this key sector and issues related to it are voicing concern that if effective action is not taken…
Economy
The Iranian Steel Producers Association (ISPA) has urged the minister of industry, mine, and trade to help put an end to the use of official-exchange currency for the import of steel products,…
Economy
The housing market in Tehran, unique in Iran because of the amount of capital that flows into it, has been on a bumpy ride for the past two years. It has faced rapid price surges as well as a…
Economy
Launching new equity market indices, the Financial Stability Committee's (FSC's) agenda, introducing new financial instruments, the panics surrounding the equity market, online trade at the Iran…
Economy
Stocks maintained ground and extended their winning streak at the Tehran Stock Exchange (TSE), with the overall index edging up 0.02 percent at Saturday's close to linger at the 65,000-point mark…
Economy
The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) says the three aluminum manufacturing companies it owns produced more than 293,500 metric tons of ingots…
Economy
Car production during the first ten months of the current Iranian year (until January 20) indicate a 61.4% increase compared to the similar period last year, Eghtesadnews reported. Domestic…
Economy
The Iranian government is using all avenues to boost the lackluster mining industry, as the country is losing its mining market share due to lack of funding for exploration and exploiting mineral…
Economy
F erdowsi Street in central Tehran is Iran’s busiest center for currency trading, both legal and under the counter. During one trading day alone millions of dollars worth of exchanges take place…
Economy
The Azadi gold coin tumbled 2.24 percent on Saturday following gold's drop in the international markets on Friday, as US economic data beat expectations, changing the outlook on US interest rates…
Economy
CEO of Bank Maskan – specialized in providing mortgages – has backed the idea of increasing mortgage ceiling in big cities to 600 million rials ($17,400 at market exchange rate) from 350 million…
Economy
Harshly criticizing the ministry of labor and social affairs for its perceived shortcomings, secretary-general of Labor Coalition Alireza Mahjoob has described the Rouhani administration’s…
Economy
Sea transportation cost of some goods is higher that their actual cost, Tofigh Majidpoor, the head of board of directors of a shipping company told ISNA on Saturday. The daily cost of operating a…
Economy
The import of tilapia fish increased by 235 percent in the first ten months of the current year (March 21-January 20), ISNA reported on Saturday. Despite the disputes over the import of this type…
Economy
Iran’s automotive market is in the grip of “oligopoly” as the current regulations have significantly impeded competition, said Reza Shiva, the head of Competition Committee, which is the…
Economy
The managing director of Petrochemical Commercial Company and a member of Iran Management Consultants Association, Mehdi Sharifi Niknafas believes the decline in global oil prices and the…
Economy
Deputy Minister of Cooperatives, Labor and Social Welfare, Hamid Kalantari, said on Friday that nearly $1 billion worth of commodities have been exported to other countries by the cooperatives…
Economy
