Russia has lowered customs duties on imports from Iran to 3-7% from the previous average of 27% as part of its efforts to strengthen bilateral trade ties.
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
Economy
A senior official at the Ministry of Industries, Mining and Trade has received death threats from cigarette smugglers, in the latest twist of how the impending lifting of sanctions is exacerbating…
Economy
Iran will provide incentives in Chabahar for Afghan traders who use the port as a trade pathway, said governor general of Sistan-Baluchestan Province, Ali Osat Hashemi.
Economy
The CEO of Bank Melli says banks cannot provide facilities for housing loans because they are short of money supply. Abdol Naser Hemmati pointed to the high demand for mortgages saying, “Banks do…
Economy
To provide low-interest facilities for non-musharakah contracts banks need approval from the Management and Planning Organization and the government should compensate the difference in the two…
Economy
The minister of roads and urban development has called for the establishment of a settlement bank to resolve the problem of toxic assets, Financial Tribune’s sister news website, Eghtesad News,…
Economy
The government has projected its foreign exchange rate in the 2016-17 budget at a lower-than-expected rate. ISNA quoted an unnamed official on Friday as saying that the greenback's exchange rate…
Economy
Sukuk or Islamic bonds is a safer alternative to debt securities, an official in Securities and Exchange Organization was quoted Thursday by IRNA as saying.
Economy
The expected changes to the tax regime will lead to higher housing prices and undermine purchasing power of the masses, the director of the National Union of Builders said Friday.
Jamshid…
Economy
Students of physics at the Science and Research Branch of Islamic Azad University have designed and built an environmental pollution monitoring device. Forouzan Faghiri, one of the designers, said…
Economy
The pro-technology government of Hassan Rouhani seems to be pursuing the notion of lifting the filters from social media websites Facebook and Twitter more seriously.
According to Minister…
Economy
Under the leadership of Carly Fiorina, Hewlett-Packard sold hundreds of millions of dollars' worth of products to Iran through a foreign subsidiary, despite strict US export sanctions.
Economy
About 190,000 tons of pistachios will be produced by the end of the current Iranian year (stared March 21, 2015), announced head of Dried Fruits and Nuts Association of Iran.
Economy
Deputy head of National Saffron Council says three tons of Iranian saffron were rebranded in Afghanistan and reexported to the US and Europe under Afghan brands during the last Iranian year (ended…
Economy
The production of raisins is facing a surplus, said head of Nuts and Dry Fruit Union, Mostafa Ahmadi, blaming the glut on low domestic consumption of the dried fruit. “In general, raisins…
Economy
Algerian Minister of Industry and Mines Abdesselam Bouchouareb and Iranian Ambassador in Algiers Reza Ameri, in a meeting in Algeria on Wednesday discussed avenues to expand bilateral ties.
Economy
During a meeting between Portugal’s Secretary of State for Food and Agri-Food Research Nuno Vieira e Brito, who was accompanied by a trade delegation, and Iran’s Minister of Agricultural Jihad…
Economy
Two months have elapsed since the nuclear agreement between Iran and the P5+1 countries, and much has been written and said about the necessity of restructuring Iran’s trade regime to accommodate…
Economy
During a meeting between China’s Ambassador to Iran Pang Sen and Governor of Khorasan Razavi Province Alireza Rashidian in Mashhad on Tuesday, the two sides discussed cooperation in the…
Economy
Latest data show about a 30% drop in the value of white cement exports during the first five months of the current Iranian year (ended August 22).
The figures, released by Iran Customs…
Economy
More than 152,000 tons of commodities were offered on Iran Mercantile Exchange’s different trading floors on Wednesday. As IME reported, the oil and petrochemical trading floor played host to 70,…
Economy
Tehran Stock Exchange’s main index extended its retreat and lost 269.5 points or 0.43% to end at 62,267 on Wednesday.
Economy
Iran’s vast, untapped market can be a great market for Australian products.
During a meeting between Australia’s Ambassador to Iran Paul Foley and head of Iran’s Chamber of Commerce,…
Economy
The Organization for Investment, Economic and Technical Assistance of Iran is expecting up to $30 billion in foreign investment in Iran’s equity market during the sixth five-year economic…
Economy
Central Bank of Iran hosted an Algerian delegation Tuesday headed by Bank of Algeria’s governor and the country’s ambassador.
Valiollah Seif, the CBI governor, referred to close political…
Economy
