The average home price in Tehran continued to fall in the month to Aug. 22, according to data collected by Central Bank of Iran and Tenement Management Information System. Every square meter of…
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
Economy
About $700 million worth of paper and cardboards are imported every year due to significantly low domestic production, said the head of Printing and Publishing Office of the Ministry of Culture…
Economy
Most indices at Tehran Stock Exchange limped to a mixed close on Tuesday with the benchmark inching up 25.2 points or 0.04% to end a seesaw trading day at 64,251.
TEDPIX’s downbeat…
Economy
For years, the home appliance industry has been in dire straits and hit with various blows rendering it unable to live up to its potential.
The high inflation rate that brought about a…
Economy
About 150,000 tons of bitumen, sulfur and roof insulation were offered on Iran Mercantile Exchange’s export trading floor on Tuesday.
Economy
This summer Iran struck a nuclear deal with the US and other foreign powers. Now with sanctions on Tehran expected to ease, the United Arab Emirates-based firm RAK Ceramics is looking to boost…
Economy
Saffron harvest will start in October, says deputy minister of agricultural Jihad Mitra Majdzadeh. The official, however, noted that the precise time of harvest will depend on the climate…
Economy
Europe’s largest airline Lufthansa is in talks with the government over the past weeks for direct investment in airport construction in Iran, ISNA quoted member of Commission of Representatives at…
Economy
About $350 million worth of seafood will be exported by the end of the current Iranian year (March 20, 2016), said the head of Iran’s Fisheries Organization. “After the lifting of sanctions and…
Economy
More than 5.25 million tons of oil and non-oil goods crossed Iran’s borders during the first 5 months of the current year (started March 21), said the director general of Transit and Border…
Economy
Researchers from Tehran University of Medical Sciences have produced a nanocomposite to treat damaged bone.
Economy
A new photographic contest by Iran's largest mobile phone operator, Hamrah-e-Aval, has been launched on the online mobile photo-sharing and social networking service Instagram. The contest began…
Economy
EU officials have been accused of "splashing the cash" by pumping €3.28 million into developing videogames.
Britain's TaxPayers' Alliance compiled a list of projects that received money…
Economy
Demand for computers is at record lows in the Middle East and Africa region, according to a new regional sales report.
On Sunday, the International Data Corporation said the region’s PC…
Economy
In the 10 years since RAK Ceramics opened a $40 million tile manufacturing plant in Iran, the United Arab Emirates-based firm has racked up millions of dollars in losses, fired hundreds of…
Economy
More than 4.3 million tons of steel produced by Mobarakeh Steel Company during the seven months of 2015 indicate a 9% increase compared to the similar period of last year, says the company’s…
Economy
Tehran Stock Exchange’s main index dipped 241.5 points or 0.37% to stand at 64,225.8 on Monday. According to TSE data, the Price Index lost 95.5 points or 0.37% to settle at 25,389.2. The First…
Economy
Isfahan Steel Company offered various forms of steel sheets on Iran Mercantile Exchange’s industrial and mining trading floor on Monday.
Economy
The Ministry of Industries, Mining and Trade has finalized a comprehensive plan to combat smuggling, said Industries Minister Mohammad Reza Nematzadeh at a press conference held in Tehran on…
Economy
The recent US appeals court ruling to confiscate Bank Melli’s assets is not a “new issue,” bank’s CEO Abdolnasser Hemmati said, adding that the lender would pursue the matter through its…
Economy
Hadi Salehi Esfahani, an academic with Illinois University at Urbana, Champaign, has predicted that all major foreign currencies will lose some value against the rial in the medium run once Iran’s…
Economy
The government is moving ahead with the plan to launch a debt market through a cooperative partnership involving the Central Bank of Iran, Economic Coordination Council and Management and Planning…
Economy
The Central Bank of Iran will soon submit a report to the Money and Credit Council that seeks to make leasing interest rates competitive, a CBI official said on Sunday.
Economy
The parity rate of the Iranian currency rial against the US dollar weakened by 0.3 basis points at 1230 GMT on Monday. The dollar was traded at 34,090 rials in the morning hours but its value…
Economy
The ongoing infrastructural development projects in Iranian ports will increase their nominal capacity by 5% to reach 210 million tons by yearend, said deputy head of Ports and Maritime…
Economy
