Economy

Twenty-one million metric tons of non-oil goods, valued at $16 billion, were exported via the southern province of Bushehr’s customs during the first nine months of the current Iranian year (…

Minister of industry, mine and trade, Mohammadreza Nematzadeh, said on Friday that Iran’s pharmaceutical industry must be export-based, noting that the administration is seeking to empower private…

Implementation of the Privatization Law has highlighted the role of the private sector with numerous comments by the officials who have praised Iran’s private sector and its crucial role in the…

Australian company UCL has signed an agreement with the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) for $1 billion invest in a zinc mine in Mehdiabad, near…

Stocks at the Tehran Stock Exchange (TSE) maintained 10 days of winning streak to portray a momentum at the equity market that stocks are roaring back to gradually wipeout TSE's massive 12-percent…

Sanctions have given gold a lot of headline space in Iran, mostly in relation to the gold trade with Turkey. However, gold production is another field in which Iran has invested much domestic…

Iran and Russia plan to hold a monetary-banking conference in Tehran. The event will be jointly organized by Iran-Russia Chamber of Commerce and the Chamber of Commerce and Industry of the Russian…

Nearly 90 percent of manufacturing units rely on banks’s financial assistance to address their cash flow needs, an official with Iran’s chamber of commerce said.    

Khosro…

The administration’s efforts to raise funds for implementation of capital projects have been “dissatisfactory,” Mohammad Hossein Farhangi, member of the parliament’s board of directors, stated.

The Central Bank of Iran is playing the role of “the regulator” in the money market as it tries to regain control and stature.

A copy of a directive issued by the CBI to all commercial…

Now is the opportune time for western multinational companies to build effective plans for the Iranian market, which will gradually open once a nuclear deal is eventually reached. As the…

Turkey’s Economy Minister Nihat Zeybekçi announced that a trilateral meeting of economy ministers of Iran, Turkey and Azerbaijan will be held in March, IRNA reported on Friday. Zeybekçi who met…

Next year’s budget proposal for the transport sector has increased by 18 percent, deputy minister of roads and urban development Amir Amini said in a news conference in the western province of…

Minister of Industries, Mines, and Trade Mohammad-Reza Nematzadeh has called on foreign home appliance manufacturers to have their products made by Iranian companies.

Iran has exported $5.12 billion worth of commodities to neighboring Iraq during the first ten months of the current Iranian year (ending March 20), Majid Ghorbanifaraz, an official at Iran’s trade…

The world’s biggest ro-ro (con-ro) container vessel, the Jolly Titanio, currently sailing under the flag of the Italian “Messina” liner, docked at terminal No. 2 of Shahid Raja’ee…

Iran can play the role of a safe haven for Irish investors and the two sides should try to expand economic as well as political ties, Javad Heravi, the head of Iran-Ireland parliamentary amity…

Prices in rural areas rose 0.6 percent during the months of Dey (ending January 20), a recent report released by the Statistical Center of Iran (SCI) shows. The year-on-year inflation rate in Iran…

The government has called for the removal of those who earn more than 25 million rials ($925 at official exchange rate) per month from the list of subsidy receives, Ali Mohammad Ahmadi, a…

Although sugar industry has been severely hit in recent years, “invisible hands” are putting pressure on the government to increase imports of the commodity, the member of Tehran’s Chamber of…

In a meeting Tuesday between Iran’s Minister of Economy and Finance Affairs, Ali Tayebnia, and Turkish Minister of Customs and Trade, Nurettin Canikli, both sides agreed to form a joint committee…

Improving economic ties with neighboring countries and promoting export of non-oil commodities have been at the core of Iranian government’s agendas ever since revenues generated from oil exports…

The ministry of Industries, mines, and trade is slated to sign a memorandum of understanding with the Eurasian Economic Union (EEU) to commence exports to Russia in the near future with lower…

Close to 240,000 tons of various chemicals, bitumen, sulfur, vacuum bottoms, I-beams, iron ore, aluminum ingot, gold bullions, and frozen chicken were supplied at Iran Mercantile Exchange (IME) on…

Cement factories across the country have resumed producing clinker three weeks after they stopped production, Donya-e-Eghtesad reported.