The International Monetary Fund's Article IV Consultation group has enjoined the Central Bank of Iran to revive the Oil Stabilization Fund to cushion the country's budget against oil price…
Economy
Economy
Iran Insurance Company Sunday hosted delegates from the British United Insurance Broker and Japanese insurer, Sompo. According to the public relations office of Iran Insurance, the visits aim to…
Economy
The former head of the Supreme Board of Iranian Certified Accountants Association claimed that government-owned banks, by holding 20% of non-performing loans, account for 600-700 billion rials ($…
Economy
A local analyst has warned about the adverse consequences of money outflow from banks if tax authorities gain access to depositors’ accounts, IRNA reported on Monday.
Economy
Potato chips enjoy strong consumer demand in many countries, including Iran.
The Persian daily Forsat-e Emrooz recently published a report on production of potato chips in Iran and…
Economy
Amid mounting hopes for economic prosperity following the removal of sanctions as part of the July 14 nuclear pact between Iran and six world powers, policymakers, economists and industrialists…
Economy
Kazakhstan, one of the world’s major grain exporters, has postponed the construction of the grain terminal on the Turkmen-Iranian border.
Economy
About 11.5 million tons of wheat were harvested during the first six months of the current Iranian year (started March 21), 70% of which were purchased by the government, announced advisor to the…
Economy
About 800 tons of eggs are exported every day mainly to Iraq and Afghanistan, said chairman of the Union of Egg Laying Hens of Tehran, Nasser Nabipour. According to the official, egg production is…
Economy
The 2nd conference on Iran’s distribution industry will be held in Tehran’s Milad Tower October 13-14. According to the Iranian Distribution Companies Association, the main themes that will be…
Economy
The equity market rout has curbed investors’ enthusiasm to shore up their portfolios, with shaky investors preferring to get rid of shares and Tehran Stock Exchange’s trading volume lingering…
Economy
With Iran looking to integrate its large iron and steel sector into growing global markets, Oman’s SOHAR Port and Freezone can play a critical role in reviving the sector, according to officials…
Economy
Cement exports to Iraq in the first six months of the current Iranian year (started March 21) declined by 20% compared to the same period of last year, said chairman of the board of directors of…
Economy
Tuesday trade at Iran Mercantile Exchange saw the offering of more than 137,000 tons of commodities both on local and export trading floors.
Economy
In the 1950s, Joseph Schumpeter, an Austrian-American economist, proposed a revolutionary theory that highlighted the role of a competitive business environment on increasing the use of modern…
Economy
Slovak Internet security company, ESET, officially started work in Tehran by introducing its sales representative.
Dimitris Rakas, market development manager of the company for Middle East…
Economy
Iran’s deputy science minister for research and technology said European countries are keen to boost scientific ties with Iran. Talking about expansion of international ties, Vahid Ahmadi…
Economy
Members of the Iranian-American diaspora met with delegates accompanying President Hassan Rouhani to the United Nations and discussed investment opportunities in Iran’s science and technology…
Economy
Fresh observations of surface features known as recurring slope lineae appear to have confirmed the presence of liquid water on Mars.
The evidence of surface water may have profound…
Economy
The International Monetary Fund's Article IV Consultation team is in Iran to assess the country's economic health. The team visited Bank Maskan on Monday on the latest leg of their tour, which…
Economy
With the prospect of Iran hosting a growing number of international businesses and multinational companies, market research companies are poised to see a boost in their fortunes. Finding…
Economy
Mousa Reza Servati, member of the Majlis Planning and Budget Commission,
said Monday that Bank Saderat will undertake Mizan credit institution’s
financial responsibilities. Servati…
Economy
Speculations are rife in the housing market that real estate will see a restriction in property supply in the year 2017.
A housing expert warned against the ill effects of "house grabbing…
Economy
Taxing the deposits of unauthorized credit institutions would greatly help restore discipline to the financial system, but imposing tax on deposits that go back five years is open to debate, a…
Economy
UK chargé d’affaires to Iran, Ajay Sharma, paid a visit to the head of Securities and Exchange Organization in Iran, Mohammad Fetanat, and expressed Britain’s readiness to form collaboration…
Economy
