An exclusive trade exhibition sponsored by Trade Promotion Organization of Iran and Islamic Republic of Iran’s Embassy in Afghanistan, will be held in Mazar-e-Sharif Province in northern…
Economy
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Japan will launch talks with Iran toward an investment agreement as Tokyo moves to lift economic sanctions in the wake of the nuclear deal reached in July.
EconomyThe heads of the customs services of Azerbaijan, Russia, Iran and India will discuss the coordination of customs conditions as part of the North-South corridor project in the near future, Indian…
EconomyHyundai Development Company Group is going to invest in Iran, US-based online news publication International Business Times reported on Tuesday, adding that the South Korean company will invest in…
EconomyA Pakistani trade delegation arrived in the Sistan-Baluchestan Provincial capital, Zahedan late on Tuesday to attend the 3rd meeting of Iran-Pakistan Trade Commission from August 19 to 20. The…
EconomyAbout 250,000 tons of goods worth $62 million were exported from North Khorasan Province in the first four months of the current Iranian year (started March 21), indicating a 13% decrease in terms…
EconomyAutomakers building cars in Russia such as Volkswagen and Ford Motor Co. have been hit hard by the ruble's steep decline, which has increased the cost of the foreign parts they rely on, forcing…
EconomyThe first Iran-made turbo-charged engine is expected to be mass-produced by the first half of the Iranian year (Sept. 22), according to a new report.
EconomyZamyad Company has completed the production trial of a new truck named Padra. According to the company's PR Manager Rasoul Alizadeh, the standards and safety certification marks have been obtained…
EconomyThe government plans to delegate all unfinished projects to the private sector in view of the tight fiscal budget this Iranian year (started on March 21), says First Vice President Es'haq…
EconomyIran accounts for 130-160 tons of the 200 tons of saffron produced worldwide every year and ranks first and far ahead of Spain, Italy, the US, China, Afghanistan, Austria, Switzerland and…
EconomyFollowing the July announcement by chairman of India’s state-owned Kudremukh Iron Ore Company, Malay Chatterjee, that the company plans to sell as much as two million tons of pellets to Iran, head…
EconomyThe looming threat of underpriced steel imports has turned into a major concern for Iranian steelmakers who are already struggling with numerous domestic hassles.
EconomyTehran Stock Exchange’s benchmark failed to extend its Monday gain and lost 113.1 points or 0.17% to end at 65,189.4 on Tuesday to underline the prevailing dented sentiment in the equity market.…
EconomyMore than 125,300 tons of commodities were offered by 32 local suppliers on Iran Mercantile Exchange’s trading floors on Tuesday. According to IME, the oil and petrochemical trading floor played…
EconomyHead of the Economic Office at the Central Bank of Iran has touted the government’s oversight and control of liquidity, saying the ideal growth for money supply in an economy like Iran would be…
EconomyThe plan to cut zeros from the Iranian national currency—the rial—has been deliberated by the Central Bank of Iran for sometime now. The policy was successfully initiated by several countries in…
EconomyThe government is going ahead with its plan to create a centralized foreign exchange market, according to Economy Minister Ali Tayyebnia.
Tayyebnia made the announcement on Monday night…
EconomyIndia is preparing to pay the first installment of dues it owes to Iran for oil import as early as next week, Press Trust of India reported this week, citing finance secretary Rajiv Mehrishi. With…
EconomyPoultry and livestock production has exceeded domestic demand and it is high time the sector considered increasing exports, said the director general of Livestock Department at the Ministry of…
EconomyMohsen Pak Ayeen, Iran’s ambassador to Azerbaijan says the lifting of sanctions will promote Tehran’s relations with Baku.
“I hope, relations between Azerbaijan and Iran will get closer,…
EconomyBandar Abbas in the southern Hormozgan Province registered the maximum transit cargo movement during the first four months of current Iranian year (started March 21) compared with the other 15…
EconomyStudies show that the factors behind economic growth during the past Iranian year (ended March 20) have either diminished or their mechanisms have reversed in the opposite direction this year.…
EconomyThe main obstacle in the way of expanding exports of dairy products is high price of milk, says chairman of Agriculture, Water and Foodstuffs Commission at Tehran’s Chamber of Trade, Industries,…
EconomyMore than 28,000 tons of goods worth $25 million were exported from the city of Abadan, located in Khuzestan Province, to Kuwait and the United Arab Emirates in the first four months of the…
Economy