Iran will launch an exclusive trade and industrial fair on February 25-26 in Turkmenistan, Hassan Mortaja, the exhibition organizer told IRNA yesterday. Turkmenistan is the only country that has…
Economy
Economy
The United Arab Emirates and China are the two major trade partners of Iran, Head of Trade Promotion Organization of Iran (TPO), Valiollah Afkhamirad told ISNA on Saturday.
Economy
Iran will export 100 tons of trout to Russia in the near future, deputy minister of agricultural Jihad Hassan Salehi, who is also the head of Iran Fisheries Organization, told Mehr news agency on…
Economy
Bilateral trade between Iran and Russia will significantly increase with the lifting of sanctions imposed by the West, Russia’s ambassador to Tehran, Levan Jagaria, told Moscow-based Rossia…
Economy
In a bid to expand economic relations between the five Caspian Sea littoral states, Iran has proposed creating a Cooperation Council of Free Economic Zones (FEZ) in the region, which would pave…
Economy
The value of non-oil exports significantly rose over the past Iranian month of Dey (ending on January 20th) with the trade balance positive territory. Iran exported 7.439 billion dollars worth…
Economy
Iran and Turkey seek to expand their bilateral trade to $30 billion in value, Tnews reported on Wednesday.
In a joint meeting held in Turkey, Iranian parliament Speaker Ali Larijani and…
Economy
The value of goods smuggled into the country plus that of the fuel that is smuggled out amounts to more than 600 trillion rials (more than 21.8 billion dollars based on official exchange rate)…
Economy
Iran’s ministry of industry, mine and trade will be hosting the D-8 Organization for Economic Cooperation, also known as Developing-8 or D-8, due to be held in the capital city of Tehran on 26-28…
Economy
India's giant steelmaker Steel Authority of India Limited (SAIL) has proposed to set up a 2-million-metric-ton integrated steel plant in Iran, which is estimated to cost nearly $1.62 billion. The…
Economy
Iran Central Iron Ore Company (ICIOC) is now producing its planned target of 8 million metric tons of iron ore per annum, says the managing director of the company. Mohammad-Javad Askari told IRNA…
Economy
Ghadir Investment Company has announced investments worth $2 billion in in the Persian Gulf island of Qeshm, IRNA reported.
Gholamreza Soleymani, the general manager of Ghadir Investment…
Economy
An Asian delegation including representatives of companies from the Philippines, Indonesia, and China have expressed their willingness to invest in Iran’s mining sector, IRNA reported.
Economy
Around $200-million has been invested in Kahnooj titanium mine, IRNA quoted the head of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) as saying in the…
Economy
Stocks kept losing ground during the week ending January 21, with the wobbling economy weighing both on the investors, and speculations over the performance of listed companies at the Tehran Stock…
Economy
The 100-year-old leather industry in Iran is facing a multitude of challenges ranging from out-dated machinery to high tariffs on import of new machinery and raw material, lack of investments, and…
Economy
Banking services in Iran are skewed towards consumers in Tehran due to majority of companies being headquartered in the city.
Economy
The European Union’s second-highest court struck down sanctions Thursday on a leading Iranian bank and a string of Iranian shipping companies hit with asset freezes as part of pressure on Tehran…
Economy
The Competition Committee on Wednesday looked into the €650 million ($730 million) corruption case, raised back in 2013 against an Iranian commercial company, Sepid Ostovar Asia, but it called on…
Economy
Whimsical decision making can threaten the stability of the National Development Fund of Iran (NDFI), deputy of the fund Mohammad Ghasem Hosseini said on Thursday.
Sovereign wealth…
Economy
On Wednesday evening Tehran University’s business accelerator Avatech hosted the Hamfekri event otherwise known as the Meeting-of-Minds. The event was well attended with young (and one pension age…
Economy
The country’s cement export decreased 10% during the first 9 months of the Iranian calendar year compared to the similar period last year, the secretary of Iranian Cement Industry Employers…
Economy
Mines and mineral industries account for 30 percent of the stock exchange market in Iran, said an official from the Iranian Mines and Mining Industries Development and Renovation Organization (…
Economy
The Tehran Stock Exchange (TSE) has been in dismay for much of the past year. This downward trend has been mostly due to structural factors. However, recent government measures lately have been…
Economy
The Tehran Stock Exchange witnessed an accelerated pace of selloffs at Wednesday trading, with the benchmark plummeting .082 percent to a new record low.
Economy
