Economy

Iran’s Small Industries and Industrial Parks Organization (ISIPO) has announced the list of provinces with best performance in terms of productivity in their industrial parks, reported IRIB News…

The domestic steel market experienced modest fluctuations during the week ending November 6, mainly as a result of the cold weather covering many parts of the country, reported Fooladnews.

On the first weekday, over-the-counter (OTC) market witnessed drops of 0.2 percent to 2.5 percent in mortgage bond prices, reported Tasnim news agency. Some 209 million bonds were traded during…

The recent decision by the Expediency Council regarding central bank governor’s election and terms of office has drawn criticism strong from a group of lawmakers, Tasnim news agency reported.

The ministry of roads and urban development has established a research center and has tasked it with conducting comprehensive studies on economic, transportation and housing affairs, IRIB reported…

Economists define two types of functions for public institutions which either manifest themselves in the form of budget policies or monetary policies.

The government does not aim to block social networks, announced the minister of communications and information technology on the sidelines of a cabinet meeting earlier on Wednesday.

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A special fund will be established to provide liquidity for the manufacturing units, according to the head of parliament’s special committee for supporting national production.

The move is…

Bank Keshavarzi gave farmers over 1.8 trillion rials ($55 million based on market rate) in loans in the past four months to buy machinery. The loans have 17 percent interest rate and an average…

The change in the producer price index (PPI) dropped to 19 percent year on year in the month of Mehr (September 23-October 22), the smallest amount since the fiscal year started on March 21,…

Foreign investors can now own up to 51% of Iran’s car companies, minister of industry, mine and trade, Mohammadreza Nematzadeh, suggested on Friday.

Around 10.2 million tons of wheat was harvested from a total 3.08 million hectares of land since the beginning of the current Iranian year (started March 21, 2014). The number indicates a 10…

The north-eastern province of Khorasan Razavi exported about 1.3 million tons of goods worth more than $1 billion in the first seven months of the current year (March21- October 22, 2014), Ali…

Increasing the construction of housing units seems to be the only way to eliminate middlemen and their minions from the housing market, Hamed Ghadermarzi, a member of the civil construction…

Iran is resolved to broaden its economic relations with the world, minister of economic affairs and finance, Ali Tayebnia, said on Friday.

The transit fee spat facing trucks carrying goods between Iran and Turkey has hampered export between the two countries at Bazargan border, the Chairman of Iran-Turkey Joint Trade Commission Reza…

An official in the ministry of industry, mine and trade said that World Bank’s (WB) figure of -16.4 percent growth for Iran’s industrial production was only an estimate and not an official figure…

The High Assembly of Workers’ Representatives has called on the relevant labor officials to improve transparency in the terms of temporary contracts and the calculation of unemployment termination…

Iran’s second largest carmaker, Saipa, has said it would unveil 13 new products by March 2016, 70% of which will carry Saipa brand and will mainly be made of domestically manufactured auto parts,…

In the week ending Nov. 5, 258,000 tons of various commodities worth 5.68 trillion rials were traded on the spot market of the Iran Mercantile Exchange (IME).

The recent bullish trend at the Tehran Stock Exchange managed to broadly erase most of the stock market losses from the beginning of the current Iranian year (starting Mar. 21), as the TSE’s…

The Iran Mercantile Exchange will host the second international conference of Interexchange Electronic Union (IEU) consisting of commodity exchanges of the Eastern Europe as well as the CIS…

The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) said it was beginning to carry out aerial geophysical surveys over 100,000 square kilometers of the country…

The southwestern province of Kohgiluyeh and Boyer-Ahmad exported 3,000 metric tons of industrial and mineral substances since the beginning of the current Iranian calendar year (starting March 21…

Private sector role in semi-complete and new mining projects is of the ascending order and businesses should be encouraged further to invest in the industrial and manufacturing sectors, the…