Iran is seeking foreign resources for financing its industrial and mining projects mainly because their low interest rates, the Iranian Bank of Industry and Mine’s CEO said Sunday on the sidelines…
Economy
Economy
In response to recent statements by Economy Minister Ali Tayyebnia regarding a cut in interest rates for a second time in as many weeks, Mahmoud Dodange, an advisor to the minister of industry,…
Economy
In line with meeting its social responsibilities, Eghtesad Novin Bank has built a public school in Kardovan Village, Bushehr Province. According to the banks’ official website, it is the fourth…
Economy
After successive aborted attempts to compensate the victims of the collapsed Mizan Credit Institution, the Central Bank of Iran along with lawmakers have come up with a plan to establish a new…
Economy
The impressive history of trade with Iran can swiftly restore Germany as the top trade partner of the country, Gholamali Kamyab, Vice Governor for forex affairs at the Central Bank of Iran said in…
Economy
Minister of Roads Abbas Akundi announced that the one-billion rial construction loan bill for builders is now pending approval of the Money and Credit Council. According to Jamshid Barzegar, the…
Economy
After three days of retreat, Tehran Stock Exchange’s benchmark pulled up 69.9 points or 0.11% at Monday’s close to end at 61,233.6.
As TSE data illustrate, most indices stood in the green…
Economy
Since releasing a joint paper with his colleague Emmanuel Saez back in 2001, French economist Thomas Piketty has been painting the picture of the modern economic climate and how it’s all leading…
Economy
Iran Mineral Processing Research Center is the largest of its kind in the Middle East, said deputy head of the Iranian Mines and Mining Industries Development and Renovation Organization, Amir…
Economy
The Conference on Iran-South Korea Investment Opportunities was held in Tehran on Sunday.
Economy
About 7 million tons of iron ore were extracted from Chadormalu Mine, located in Yazd Province, during the first six months of the current Iranian year (started March 21, 2015), from which more…
Economy
Orange is the most smuggled fruit in the market, according to the head of Fruit and Vegetable Sellers Union, Hossein Mohajeran. “Most of the contraband come from Egypt; some of it are also…
Economy
Iran and Kazakhstan have signed an agreement to activate a trilateral transport corridor with China to expand economic, commercial and transport cooperation. The 926-kilometer railroad was…
Economy
Referring to the letter written by four ministers calling on President Hassan Rouhani to take prompt action to address the prevailing recession in the capital market, Minister of Economic Affairs…
Economy
The 15th Tehran International Industry Exhibition, the biggest industrial expo in the Middle East, opened in Tehran’s International Fairground on Monday.
A total of 477 domestic and 315…
Economy
Dogharoun is Iran’s top border customs office in terms of employing modern management technologies, electronic infrastructures and computerization.
Economy
The disintegration of distribution companies and scattered retail stores have increased production costs, said the organizer of the Second Conference on Iran’s Distribution Industry scheduled for…
Economy
The private sector’s share in the economy is only about 17%, announced head of Iran’s Chamber of Guilds, Ali Fazeli, on Saturday, adding that the government’s dominance will hamper economic growth…
Economy
Toyota has announced that it will begin shipping cars from its Thailand-based assembly lines to Iran, according to a new report from a local automotive website.
Asre Khodro reports that the…
Economy
The South Korean-made Ssangyong Tivoli, a small sports utility vehicle has been officially unveiled in northern Tehran's up-market Palladium Shopping Mall this week. Among those present at the…
Economy
In the clearest signal yet that its self-driven car project is ready to face the everyday car, Google has said that it is on the lookout for original equipment manufacturers to take up the car's…
Economy
China’s auto manufacturers got a big boost after the government slashed the purchase tax on small cars by half to 5% last week.
Economy
Volkswagen officials have visited Iran this week to discuss possible joint projects with local carmakers, according to a report broadcast on Iranian television.
The German car manufacturer…
Economy
The prospective lifting of Iran sanctions will significantly boost its economy and positively affect the neighboring Arab economies, especially the UAE, according to experts.
Economy
The Ministry of Industries, Mining and Trade has recently announced plans to combat clothes smuggling to enable domestic producers to have a share of the apparel market.
Economy
