Economy

  • Tehran Stock Exchange’s main index TEDPIX shed 87.00 points or 0.14% at Monday’s close to settle at 62,855.7.

    Economy
  • Iran Mercantile Exchange’s industrial and mining trading board witnessed the offering of 100 tons of lead ingots of 99.98% purity by Zanjan Sazand Rooy Company with the base price of $1.9 per…

    Economy
  • A total of 7.048 million tons of crude steel were produced during the first half of the current Iranian year (March 21-September 22, 2015), indicating a 1.8% decrease compared to last year’s…

    Economy
  • What do you do when you fall into a pit full of mud? Wipe the mud off your face with your muddy hands first, or do you start climbing without hesitation? The answers to crises are rarely simple.…

    Economy
  • A delegation from Belgium’s Port of Antwerp visited Iran in late October on a contact-building mission with officials in the shipping and commercial sectors, the latest in a long line of port…

    Economy
  • Bahman Motor Group has reported that its first shipment of the new ISUZU pickup trucks have arrived after being released from customs.

    Mohammad Reza Soroush, the head of Bahman Group, said…

    Economy
  • Iran’s main car manufacturer is set to raise its production level in Iraq by producing 3,000 vehicles per month.

    Iran Khodro Industrial Group made the decision after its products received a…

    Economy
  • Tehran will be hosting the 10th International Auto Parts Fair in November.  

    Some 840 national and international automotive firms are expected to attend the event that will be held on…

    Economy
  • Local automotive firm Modiran Vehicle Manufacturing Company has announced the prices for the Chinese luxury car Chery Tiggo 5.  According to local automotive news website Persian Khodro, the…

    Economy
  • About 4.5 million tons of potatoes are expected to be produced by the end of the current crop year, indicating almost no change compared to last year, says head of the National Potato Association…

    Economy
  • Agriculture and processing industries together account for 10% of Iran’s GDP, but only less than $60 million is going to be allocated to these sectors as subsidy and facility by the government,…

    Economy
  • Chinese investors recently visited Bushehr Special Economic Zone, located in Bushehr Province in southern Iran, to survey investment opportunities there, said deputy head of SEZ, Qasem Sabet, last…

    Economy
  • More than 2.2 million tons of commodities were transported via railroad from Shahid Rajaei Port during the first seven months of the current Iranian year (started March 21), indicating a 51%…

    Economy
  • As many as 200 domestic and international companies will take part in the 7th international exhibition and conference on Iran’s investment opportunities, “Invest Show”, and the 2nd Kish…

    Economy
  • International British enterprises are seeking long-term presence in the post-sanctions Iran’s energy and industrial markets, the visiting British Minister of State for Trade and Investment Francis…

    Economy
  • A joint Japanese-South Korean economic and investment delegation examined investment opportunities in Yazd, during a meeting with the provincial officials held in the central province on Saturday…

    Economy
  • More than 86,000 tons of fresh tea leaves worth over $40 million have been bought from farmers by the government in the current Iranian year (started March 21), indicating a 30% increase in value…

    Economy
  • Production of high-quality machine-made carpets has risen significantly despite the recession afflicting the economy. By thoughtful planning, they can throw the economy a lifeline by boosting non-…

    Economy
  • Governor of the Central Bank of Iran, Valiollah Seif, has defended the government’s recent stimulus package, saying his bank is cautious about any inflationary effects the policies could entail.…

    Economy
  • The minister of roads and urban development elaborated on the status of the sluggish housing market, the ministry website reported.

    “Up until now 12% of bank loans have been allocated to…

    Economy
  • The High Council of Architecture and Urban Development is considering a plan to ban construction of high-rises on land smaller than 5,000 square meters, the deputy minister of roads and urban…

    Economy
  • Exploration operations are underway in Sangan Mineral Zone, located in the northwestern Khorasan Razavi Province, says deputy head of Geological Survey of Iran, Behrouz Borna, adding that gold,…

    Economy
  • A recent fall in demand for a wide range of commodities mostly related to the construction sector has caused a considerable rise in the inventories of companies listed in Tehran Stock Exchange.…

    Economy
  • An investor holds his face in his hands while eying stock quotes on one of Tehran Stock Exchange’s information boards above the trading floor. Quote after quote prices are falling, more often than…

    Economy
  • The National Iranian Copper Industries Company supplied 1,000 tons of copper cathode with the base price of $5.1 per kg, 1,000 tons of copper wires with the base price of $5.3 per kg, 20,000 tons…

    Economy