Tehran Stock Exchange now has a market cap of 3.1 quadrillion rials ($83.7 billion at market exchange rate), according to its chief executive, Hassan Qalibaf-Asl.
His comment comes as TSE’s…
Economy
Economy
Certificates of deposit for gold mined out of Zarshouran will soon be offered on the Iran Mercantile Exchange, according to its chief executive, Hamed Soltaninejad.
Zarshouran is Iran’s…
Economy
The government makes a paltry 6% of its tax revenues from private businesses, says chief of the Iranian National Tax Administration, Seyyed Kamel Taqavinejad. The official added that INTA is…
Economy
Governor of Iran’s Zanjan Province, Jamshid Ansari, met with India’s Minister of State for Commerce and Industry Nirmala Sitharaman in India’s Andhra Pradesh State on Monday to discuss ways of…
Economy
The 23rd international exhibition of lighting products is being held in Tehran’s International Fairground. The four-day event will ends on Wednesday. More than 150 domestic and foreign companies…
Economy
In a matter of weeks, the international community is expected to lift many sanctions that have crippled the Iranian economy for decades.
But US companies won’t find Iran very open for…
Economy
German businesses are looking forward to investing in Iran’s infrastructure and transportation sectors, said former German chancellor, Gerhard Schroeder.
Schroeder, who is leading a 27-…
Economy
The Russian agricultural watchdog Rosselkhoznadzor says it has received assurances from Iran that the country would take all measures possible to prevent “banned Turkish products disguised as…
Economy
Iran’s state TV broadcaster IRIB3 has been broadcasting video content downloaded from well-known blocked movie websites, according to a new report.
The movie, “Saving General Yang”, was…
Economy
Telegram Messenger, the most popular messaging platform in Iran, has now been intermittently blocked in Saudi Arabia, according to a new report. Pavel Durov, the Berlin-based Russian creator…
Economy
To support newly-founded Internet-based businesses in the area of information and communication technology, a new roadmap will be prepared to detail the methods for providing them financial…
Economy
A spokesman of Afghanistan's Ministry of Communications and Information Technology has announced that his country has signed an agreement with the Islamic Republic to buy Internet services from…
Economy
Minister of Communications and Information Technology Mahmoud Vaezi said Iran’s Internet bandwidth has grown 3.5x in two years and hit the capacity of 276 GB per second data transfer rate.
…
Economy
The Industrial and Commercial Bank of China (ICBC) is to help Iran finance and treasury operations, Hussein Yaqoubi, Central Bank of Iran’s deputy for international affairs said on Monday. Bank…
Economy
As Iran gets ready for a period of normalcy after the lifting of international sanctions later this week, the key private sector Tehran Chamber of Commerce is busy holding a series of meetings to…
Economy
Governor of the Central Bank of Iran, Valiollah Seif, announced his bank has developed a blueprint for self-reform as part of the central bank’s measures to prepare for the post-sanctions era.
Economy
Iranian lenders should be prepared to issue letters of credit as this week’s lifting of sanctions will put an end to limitations in the way, Majid Takht Ravanchi, deputy minister of foreign…
Economy
Close to 50,000 tons of goods were exported from Sarakhs Special Economic Zone located in Khorasan Razavi Province from March to December 2015, indicating a tenfold surge compared to last year’s…
Economy
It is up to the government to decide on the future of Saudi-invested vegetable oil company Ladan in Iran, says the secretary of Vegetable Oil Association. Abolhassan Khalili added that among…
Economy
Iran and Belarus see potential for cooperation in the mining sector, says the European country’s ambassador to Iran. Victor Rybak added that industrial machines and petrochemicals constitute half…
Economy
Cooperation with Slovenia would help resume trade with Europe given the ideal geographical location of the country at the crossroads of main European trade routes and its access to [Adriatic] Sea…
Economy
Iran can simply replace the UAE with Oman in foreign trade, thanks to the high potential of Iranian ports, said former president of Tehran Chamber of Commerce, Industries, Mines and Agriculture.…
Economy
Iran Mercantile Exchange’s export trading board witnessed the supply of 55,000 tons of granulated iron ore by the Jalalabad Iron Ore Complex at the base price of $8 per ton on Monday. Furthermore…
Economy
Politicians from different parties disagree on policies and economists also at times don’t see eye-to-eye. The diversity is what fuels debate and progress and, sometimes, regression.
Economy
Tehran Stock Exchange’s overall index TEDPIX gained 327.70 points or 0.52% to end Monday trade at 62,788.7.
More than 1.2 billion shares valued at over $70 million were transacted to…
Economy
