The 25th Annual Conference on Monetary and Exchange Rate Policies was held in Tehran, focusing on solutions to the chronic inflation the economy has been suffering from in the past few decades.
Economy
The chairman of iron retailers’ guild has warned that despite last year’s 35% decline in the prices of steel products, domestic consumption is still low and the depots are overflowing, ISNA…
S tocks failed to rebound and remained locked in a familiar pattern over the lingering systemic risks surrounding the equity market, with the benchmark losing 191.5 points or 0.3 percent to settle…
The Western sanctions imposed on both Iran and Russia have provided a good opportunity for joint mineral projects, says a representative of the Russian geological holding company, Rosgeo.
The Iranian Privatization Organization (IPO) announced last week that the fourth round of auction to sell the two major state-owned football clubs, Perspolis and Esteghlal, had no winners as none…
Nearly 5,000 tons of honey were exported to the Persian Gulf countries as well as Turkey during the past Iranian year (ended March 20), said the CEO of Iran’s Beekeepers Union Effat Raisi on…
Russian companies should beef up their efforts to gain a bigger share in the Iranian market or otherwise they will be overtaken by their Asian and western rivals, Iranian Ambassador in Moscow,…
Since the beginning of the current Iranian year (March 21), 8,000 tons of red meat have been imported from Brazil for human consumption, CEO of Livestock Protection Company Mostafa Yasayi…
Aras Free Trade and Industrial Zone’s gross regional domestic product (GRDP) reached $835 million in the past Iranian year (ended March 20), which indicates an increase of 21 percent compared to a…
The government’s spokesperson, Mohammad Baqer Nobakht, on Sunday noted that arriving at a final nuclear deal with the world powers would give Iran access to about $100 billion frozen in foreign…
Contraband rice accounts for 30-35 percent of Iran’s total annual consumption of the crop, according to the secretary of Iran Rice Importers Association, as reported by Eghtesad-News. Masih…
Researchers at Shahid Beheshti University of Medical Sciences are making efforts to build human body parts for transplantation, Mehr News Agency reported.
The United States will extend its cyber defense umbrella over Japan, helping its Asian ally cope with the growing threat of online attacks against military bases and infrastructure such as power…
It seems like a decent chunk of Google's big news today deals with its partnerships. The search giant is already teaming up with Levi's to explore the realm of smart Jacquard clothes, and now…
The recent decision by Money and Credit Council to raise the borrowing ceiling for first-time buyers in Tehran to 800 million rials ($24,000 at market exchange rate) and 600 million rials ($18,000…
The chief executive of Alborz Investment Company, Mohammad Ali Mirza Kuchak Shirazi, has outlined the company’s current statistics and financial plans for the current Iranian year (started March…
A Abanking executive had called for further cut in reserve requirement ratio, saying the current rate pushes banks to deposit a large amount of their capital in the central bank, a move that would…
Bank Melli sparked nationwide outrage after it charged the clients 50,000 rials as SAPTA subscription fee without prior notice on Friday.
Tehran Stock Exchange’s overall index oscillated between gains and losses before ticking up 18 points or 0.03 percent at Saturday’s close to end at 63,420.1.
Iran’s second biggest facility to produce copper cathodes will be inaugurated within the next three months in Tarom Copper Mine in Qazvin Province, Mehr News Agency reported. According to head of…
A report by the ministry of industry, mine and trade reveals Iran's global ranking in production of five strategic commodities, namely steel, cement, iron ore, aluminum and automobiles, from 2010…
Amid the ongoing long recession in the domestic steel market, steelmakers have urged the government to revive suspended development projects with the aim of increasing domestic consumption. They…
The dried fruit market is facing a shortage of walnuts, causing not only a reduction in exports, but a hike in smuggling, Eghtesad-News quoted head of Dried Fruit Exporters Association, Mohammad-…
Minister of Industry, Mine and Trade Mohammad-Reza Nematzadeh has welcomed investments by Iranian expatriates in domestic industries, saying: “The manufacturing sectors can forge partnership with…
More than $17 billion worth of various goods, including home appliances, cosmetics, mobile phones and cigarettes, are smuggled into the country every year, head of the Central Taskforce to Combat…
