Foreign investment will pour into the mining sector and mineral industries of Iran as soon as western sanctions against the country are removed, an industry official told IRNA.
Economy
Economy
During his visit to Baku earlier this week, President Hassan Rouhani was accompanied by a private sector delegation whose members have already had trade with the Azerbaijan Republic. The president…
Economy
As Iran and the six world powers known as the P5+1 are expected to gather this week in Vienna to push for a deal over Tehran’s nuclear energy program, the Middle East Bank (MEB) of Tehran has…
Economy
The Central Bank of Iran (CBI) has reversed its decision dating back to 2008 and placed a ban on the recharge and issuance of new debit cards based on interest-free banking contracts, according to…
Economy
President Hassan Rouhani says sanctions are a "rusty weapon" which is no longer effective.
Economy
Around 550,000 metric tons of goods were traded at the Iran Mercantile Exchange (IME) during the week leading up to November 13, marking a 92% and 58% increase in terms of volume and value,…
Economy
Chabahar free trade and industrial zone organization said China, South Korea, and Oman are among the countries interested in investing in Iran’s third auto manufacturing hub to be built in the…
Economy
New liquidity injected into the country’s capital market during the past month helped the trading volume increase from 0.7 to 1.1 trillion rials, said Amir Hamooni, the CEO of Iran Fara Bourse or…
Economy
The Tehran Stock Exchange posted a 46.9 percent increase in the average trading volume, along with 64.8 percent rise in the average trading value in the week ending November 12, reflecting an…
Economy
The second meeting of the mercantile exchanges of the CIS and Eastern European countries in the form of Interexchange Electronic Union (IEU) is to be held in Tehran today, which can be considered…
Economy
Zarshooran gold mine complex, in northwest of the country, is expected to be officially inaugurated today as a national project aimed at increasing the country’s output to over 6 metric tons per…
Economy
The Swiss commercial attaché has expressed hope that foreign investors would invest in Iran’s capital market, particularly in the Tehran Stock Exchange (TSE). Stephane Rey, who is also deputy…
Economy
The ministry of industry, mine and trade has unveiled the draft Industrial Development Strategy, Donya-e-Eghtesad reported.
In his latest meeting with the representatives from the Tehran…
Economy
Northern Cyprus can act as the gateway to Europe for Iranian products, Karim Khosravian, the commercial attache of Northern Cyprus in Iran said to Tasnim news agency yesterday. “Northern Cyprus is…
Economy
The government aims to create a positive trade balance through deregulating foreign trade and empowering domestic businesses to compete in international markets, the head of the Trade Promotion…
Economy
An Iranian delegation headed by the governor general of Mazandaran Province, Rabie Fallah, is in Bishkek to meet Kyrgyz officials for negotiations over the expansion of bilateral economic…
Economy
Iran’s new foreign policy has led to advancements in the ongoing nuclear talks with the P5+1 group of six world powers. This has created a good setting for the increase of cooperation in various…
Economy
The administration will allocate 5.8 trillion rials ($217 million) to various production and industrial companies, Mohammad Shariatmadari, the vice president for executive affairs…
Economy
The Money and Credit Council has ratified a new directive according to which gold importers will no longer need to guarantee that they will return the gold or bring back the equivalent cash in…
Economy
The Central Bank of Iran needs to focus on strengthening the national currency before it is able to operate as an autonomous body, said the president of the Coordinating Council of CEOs of State-…
Economy
Nasco Karaoglan France (NKF) – a provider of insurance and reinsurance services for emerging markets – has opened an office in Tehran, marking a new chapter with the presence of European agencies…
Economy
A hundred foreign and Iranian companies have confirmed that they will participate in the 7th Biannual Iran Kish Air Show to be held on November 18 in Kish Island.
85 Iranian and 15 foreign…
Economy
A market expert in Tehran has urged the government to help control “systematic risk” at Terhan Stock Exchange, an attempt he believes can encourage more investment in the equity market.
Economy
The Azadi Bullion coin made a rebound from a 10-month low, as lower prices spurred more buying. After three consecutive days of decline, Azadi went up by 0.61 percent, and hit 9,055,000 rials at…
Economy
Iran Central Plateau Iron Ore Mines Complex (ICEP) launched its initial public offering (IPO) for 50,000 tons of graded iron ore with the base price of $36 per ton on the export trading floor at…
Economy
