The rapid increase in Chinese-made cars and auto parts in Iran and the rather unusual collaboration between Iranian and Chinese automotive companies has raised concern among business leaders who…
Economy
Economy
The research center of the parliament has attended the issues concerning compulsory loans –loans that commercial banks have been forced to grant in recent years – in next year’s budget bill, which…
Economy
The foreign exchange market will come under better central bank oversight as soon as the newly-set regulations are enforced, a senior monetary official said on Wednesday.
Economy
If the banking system is to play a role in helping the economy exit recession and curb inflation, commercial banks need to revise the process of their asset allocation, a senior economic expert…
Economy
Bankers are the focal point of Iran's economic expansion as the medium for transferring savings to businesses given Iran's peculiar conditions, said an economic official.
"Fiscal spending…
Economy
The Central Bank of Iran deposited two trillion rials ($72.9 million at official rate) in the Bank of Industry and Mine (BIM). The three month deposit given on December 22 carries a 20 percent…
Economy
Benchmark gold coin Azadi hit a 16-month high on Wednesday, as increased demand for a hedge drove up gold prices.
Economy
President Hassan Rouhani has personally ordered the allocation of 10 trillion rials ($370 million) in subsidy to the production sector by the yearend (March 20), Eghtesad news quoted Minister of…
Economy
Iran is a major olive producer in the world, ranking 11 out of a total of 43 olive producers across the world, Jean-Louis Barjol, the executive director of International Olive Council (IOC) said…
Economy
In his meeting with governor of South Khorasan Vajhollah Khedmatgozar, Swiss Ambassador to Iran Julio Haus, voiced his country’s willingness to establish favorable relations with Iran, the…
Economy
The 6th Doors and Windows Technology International Exhibition will be held in Tehran international permanent fairground on January 23-26, IRNA reported on Wednesday. The exposition is supported by…
Economy
The parliament has declined not to increase the tax levied on cigarette imports, Mohammad Hassan Nejad, a member of Integration Committee of the parliament told Tasnim news agency yesterday.…
Economy
An exclusive trade fair in Baghdad will provide a perfect platform for Iranian traders to showcase their products, Valiollah Afkhamirad, the head of Iran’s Trade Promotion Organization (TPO) said…
Economy
Iran and Turkmenistan railway officials explored avenues for expansion of trade through the recently inaugurated Iran-Turkmenistan-Kazakhstan railway during their official meeting in the small…
Economy
Government interventions to regulate the market through price fixing for various products has generated new rounds of criticism by manufacturers and economic experts who argue that the government…
Economy
The secretary of Iran-Turkey joint trade commission has announced the list of goods included in a recently signed preferential trade agreement (PTA), ISNA reported on Tuesday. Some of the goods…
Economy
French automaker Renault says it exported 36,300 cars to Iran in 2014, up 9% compared to the previous year, Mehr news agency reported on Tuesday. The French company recorder its highest volume of…
Economy
Ambiguities keep crumpling the stocks as both individual and institutional investors are bracing themselves for more losses in the wake of massive retreats in Tehran Stock Exchange (TSE)’s overall…
Economy
Eleven trillion rials ($401.5 million based on official exchange rate) was raised over the past year to fund seven steel projects across the country, Fooladnews quoted the head of Iranian Mines…
Economy
Morteza Aqajani, the head of Hormozgan Steel Company on Tuesday drew attention to the absence of “comparable profit margins” in different stages of steel production process and called for the…
Economy
A trade delegation from Iran is due to pay a visit to India this week to pave the grounds for boosting trade between the two countries, Head of Iran’s Chamber of Commerce, Industries, Mines and…
Economy
Despite the Central Bank of Iran (CBI)’s report released earlier this month showing that the Gini coefficient has been on the rise over the past three years, a report by the Statistical Center of…
Economy
First Vice President Es’haq Jahangiri inaugurated the Ayatollah Behjat Foomani Dam in the northern province of Gilan on Tuesday, Mehr news agency reported. About 2 trillion rials has been spent on…
Economy
In its proposed budget bill for the upcoming year, the administration has earmarked only about 5 trillion rials ($185 million) for improving transportation infrastructure and providing the…
Economy
A memorandum of understanding (MoU) on agricultural cooperation has been signed between Iran’s minister of Agricultural Jihad, Mahmoud Hojjati, and his Chinese counterpart Han Changfu in the…
Economy
