Economy

The dollar fell against the rial on Wednesday registering the fourth consecutive day of losses.

The US dollar, the euro and the British pound sterling fell as the equity market slipped to a…

A senior advisor to the managing director of Kish Free Trade Zone has said the Persian Gulf island serves as a model for all other Iranian cities in terms of planning and urban development.

Top economic officials from Turkey and Iran met in Tehran on Wednesday to discuss ways of expanding their annual trade exchanges to $30 billion.  

Mohammadreza Nematzadeh, minister of…

Private sector experts believe that despite the central bank’s growth report this month, small industries have not yet exited recession.

The administration has vowed to help increase the ceiling of loans granted to the Mehr housing scheme, as the project awaits some 800 thousand unfinished housing units to be completed.

The US dollar has appreciated against the rial in recent weeks but this time depreciation of the rial coincided with the unprecedented sinking of the Russian ruble for the first time since 1998.…

Iran is seeking to increase its export of goods and services to Brazil, Fakhreddin Amerian, head of Iran-Brazil joint chamber of commerce, said on Wednesday. “The Brazilian market is a high-…

Golestan Province has exported $224.83 million worth of goods during the first nine months of the current Iranian year (March 21-December 21, 2014), Ali Akbar Shamani, the director general of the…

The number of flights from Iraq to Iran is likely to increase, as an attempt by the Iraqi government to encourage more Iranian tourists to visit Iraq, Ali Jahangiri, the chairman of Civil Aviation…

The Iran Mercantile Exchange (IME) witnessed the offering of local rice on the agricultural trading floor on Wednesday, IME’s public relations and international affairs office reported.

More than 30 Italian companies will attend the first exclusive four-day exhibition of Italian products in Tehran, reported iribnews on Wednesday.

The event will kick off here on January 5.…

Industrial and economic advantages of Iran’s mining sector are being eclipsed by the powerful energy (oil and natural gas) sector, a member of Iran Mine House said in an interview with Radio…

The secretary of Iran’s Cement Association said that cement production dropped 6% during the first eight months of the current Iranian calendar year (March 21-November 21), reported ISNA.

Massive gain evaporation at the Tehran Stock Exchange (TSE) eventually dragged down the benchmark to notch a record low within the past 15 months at Wednesday’s close.

Indices kept losing…

The production of light and heavy-duty vehicles during the first nine months of the current Iranian calendar year (started March 21, 2014) indicated a 70% increase compared with the similar period…

In a bid to help the equity market get back on track it has been agreed that a financial stability committee be set up within the Securities and Exchange Organization, SENA quoted Mohammad…

The Fifth edition of Ideal City Exhibition has kicked off on the Persian Gulf Island of Kish with over 100 companies in attendance.

Dr. Nozarpour and the senior advisor to KFZO managing…

North Khorasan province has assigned 419 million euro (approximately $510 million) worth of development plans to National Development Fund of Iran (NDFI), Mohammadreza Movaffaq, director of…

The Iranian medical device market, ranking fifth in the Middle East and Africa valued at $832.5 million, is expected to expand by 9.1% CAGR (Compound Annual Gross Rate) to 2018,  a new report…

C urrency exchangers show resistance to the rial’s appreciation due to volatility in the currency market and demand from buyers, said an economic expert on Tueday.

Bonds can be used to subdue inflation in the years to come, thus giving a free hand in extending credits to commercial banks, said the CEO of Middle East Bank.

More than 34 trillion shares have been offered via initial public offerings (IPO) at the Tehran Stock Exchange (TSE) and Fara Bourse, or over-the counter (OTC), since March 21, Iran Privitization…

The 21st Exhibition of Iran Packing and Printing (IPP 2014) wrapped up on Tuesday on the capital’s permanent fairground. The event, supported by the Trade Promotion Organization of Iran (TPO), is…

The two major Iranian carmakers Iran Khodro and Saipa were ranked sixth and tenth, respectively, in a survey conducted to assess customer satisfaction of the car sales process in Iran, reported…

Stocks wax and wane relentlessly, pushing the Tehran Stock Exchange (TSE)’s main index notching new record lows, as the equity market is grappling with uncertainties over the future of the economy…