Stocks extended their rally for the 11th day, capping their largest daily gain since October 17, as speculations on relations improving with the international community lured in traders on…
Economy
Economy
Tehran’s International Permanent Fairground will host the Seventh International Exhibition of Bitumen, Asphalt, Insulation and Related Machinery (BAIEX 2016) during January 22-25. The event is…
Economy
Iran Mercantile Exchange’s export trading board witnessed the supply of 45,000 tons of granulated iron ore by the Iran Central Plateau Iron Ore Mines Complex at the base price of $12 per ton on…
Economy
With the production of 35.8 million tons of iron ore in 2015, Iranian Mines and Mining Industries Development and Renovation Organization is ranked the world’s 16th largest producer of this…
Economy
The Sixth International Exhibition of Architecture, Modern House and Interior Design dubbed MIDEX 2016 will be held at Tehran’s International Permanent Fairground on January 10-13.
Economy
More than $1 billion are exported annually from Arvand Free Trade Zone, according to FTZ’s commercial director, Jabbar Salempour. He added that some 2.5 million tons of goods worth $760 million…
Economy
Some 7 million tons of non-oil goods were imported via Shahid Rajaei Port during the nine-month period ending December 21, recording a 27% fall compared to the similar period of the previous year…
Economy
Bushehr ranks first among Iranian provinces in terms of exports, accounting for half of the $40 billion in export value over the past year, according to the southern province’s customs bureau. Gas…
Economy
Italy’s first exclusive trade exhibition is being held at Tehran’s International Fairground. Over 30 Italian companies are showcasing their latest products and services related to urban planning,…
Economy
The Ministry of Industries, Mining and Trade plans to establish centers to train fashion designers, says director general of the Textile, Apparel and Leather Industry Organization of the ministry…
Economy
As Iranian households become more familiar with the benefits of herbal tea, demand shows a rising trajectory.
Consequently, the industrial production of herbal teas has gathered pace in…
Economy
The latest statistics released by Iran's Customs Administration show that Iran imported 30,400 cars worth $717 million during the first nine months of the current Iranian year (ended Dec. 21, 2015…
Economy
Shares in Volkswagen are sliding after the US Justice Department sued the German automaker over emissions-cheating software fitted to diesel vehicles.
Volkswagen’s shares were 3.1% lower at…
Economy
The French automaker has been steadily growing in China, the world’s largest auto market, and since it lost DS Automobiles, the company's former premium sub brand, it now sees the need for a new…
Economy
Harman International has formed a partnership with Microsoft Corporation to create an in-dash “personal assistant” that will allow motorists to Skype, listen to emails, schedule meetings and check…
Economy
The Informatics Services Corporation launched its newly Financial Management System (FMS) in Bank Ayandeh on Sunday. According to ISC website, the banking system has been using costly foreign…
Economy
The High Council of Construction and Architecture has banned the issuance of new permits for construction of high-rise buildings in Tehran, in response to the worsening air pollution crisis in the…
Economy
Lawmakers have criticized the government’s credit card scheme blaming the measure for the recent surge in the prices of two foreign brands of home appliances.
Economy
Improving financial discipline and financing strategy in the state-run economic sectors is a priority of the Central Bank of Iran, said Jafar Mehdizadeh, managing director of the bank’s economic…
Economy
The recent decision by the Saudi government to cut diplomatic and economic ties with Iran followed by similar moves by Bahrain and Sudan will not pose any major challenge to Iran’s vibrant gold…
Economy
The Export Development Bank of Iran offers export loans with rates between 16-21%, said Ali Salehabadi, the bank CEO, eximnews.ir reported. For regular loans the rate is 21% but for Musharakah…
Economy
An official with Bank Maskan (housing bank) has responded to earlier criticism by the deputy minister of roads and urban development who said the 18.5% interest rate on the newly initiated 600-…
Economy
Many producers of home appliances are on the verge of going bankrupt by March 2016 since there is virtually no customer for their products, says the head of Home Appliances Union.
Mohammad…
Economy
A couple of years ago, there was fear of damage to the global economy from rising commodity prices.
Apart from a brief but sharp plunge in 2008, when the world seemed to be falling apart,…
Economy
Tehran Stock Exchange’s overall index jumped 237.80 points or 0.53% to end Tuesday trade at 62,055.9.
More than 736 million shares valued at over $47 million were transacted to register a…
Economy
