The National Petrochemical Company is in talks with the Securities and Exchange Organization to set up an investment fund, NPC's vice president said on Saturday, as the industry looks to expand…
Economy
The government and the central bank have “no obligations” to protect Mizan Credit Institution or its depositors, Central Bank of Iran Deputy Governor Akbar Komijani told Eghtesad News on Saturday…
The Turkish holding company Yildirim has offered to invest in ferrochrome mining projects in Iran, announced the ministry of industry, mine and trade.
A new project in the western province of Hamedan is aimed at producing paper from lime, head of the provincial industry, mine, and trade organization, Hamidreza Matin, told Mehr News Agency.
Despite being home to a wide range of decorative stones, Iran holds a meager share of the global market, due partly to poor marketing, unavailability of well-known brands and export barriers,…
Tohid Tasoujian is a co-founder of online fashion store Taxi Moda and one of a growing breed of Internet entrepreneurs in sanctions-hit Iran.
Stocks at the equity market are getting thrashed with low trade volume and value, underscoring the unsettled state of investors amid the economic woes.
Saturday trading at Tehran Stock…
About 6,000 tons of unshelled pistachios worth $48 million were exported during the second Iranian month of Ordibehesht (ended May 21), which indicates a 19-fold increase in terms of volume and 18…
Cumbersome regulations and bureaucratic procedures are the main stumbling block to trade with Iraqi Kurdistan, governor of Iran’s western Kurdestan Province, Abdol-Mohammad Zahedi, said on Monday…
More than 200,000 tons of goods valued at $21.7 million were exported via the western Hamedan Province in the first two month of the current Iranian year (started March 21), Mehr News Agency…
The construction of two new terminals in Imam Khomeini International Airport (IKIA) over the next three years is expected to increase the annual passenger handling capacity to 30 million from the…
Despite the government’s endeavors over the past years to reduce dependence on oil by boosting tax revenues, taxes have not yet become a tool to contain social and income inequality.
Last…
An updated guideline for vehicle audit techniques has officially been communicated to local auto manufacturers and Iran's Standard and Quality Inspection Association, ISNA reported on Saturday.
As South Korean automaker Ssangyong considers a Jeep Wrangler rival as a launching point for gaining a foothold in the US, Chinese automaker BAIC already has a Wrangler competitor in its lineup,…
What the automotive landscape will look like in 2030 and beyond is a mystery—but that does not mean designers are not thinking about it.
The Iranian Mines and Mining Industries Development and Renovation Organization and its affiliated companies have invested more than 16.3 trillion rials ($563 million at official exchange rate) to…
Based on a memorandum of understanding (MoU) between the Ministry of Roads And Urban Development and Imam Reza Mehr Fund along with Cooperative Investment Guarantee Fund, 1.2 trillion rials ($41…
The National Iranian Oil Company will sell bonds to finance its projects, said its chief executive on Tuesday.
To finance expansion plans in the oil industry, 50 trillion rials ($1.7…
The Iranian government will issue Islamic bonds in the near future to help repay its debt to banks, Ali Akbar Komijani, deputy governor of the Central Bank of Iran, said on Friday.
Pundits and economic officials, who convened for the second and the final day of the 25th annual Conference on Monetary and Exchange Rate Policies in Tehran, made a last-ditch effort to voice…
Money supply growth slowed down to 20-22 percent from 31 percent during the current administration, Peyman Ghorbani, vice governor of the Central Bank of Iran, said on Friday. Further defending…
Around 292,000 tons of commodities were offered on Iran Mercantile Exchange’s different trading floors on Tuesday, IME reported.
Students from the Islamic Azad University of Abhar in the northwestern Zanjan Province have developed a special type of nano cement, used for the production of ultra-high performance concrete,…
Close to 80 million securities changed hands at Iran Fara Bourse’s secondary market during the week that ended June 2, valued at a total of about $8 million to record a 112-percent surge in trade…
Prevailing concerns over the sluggish economy were accompanied by a fresh downbeat performance at Tehran Stock Exchange, with TSE benchmark piling up more losses to record a third consecutive…
