In Iran the importance of spatial planning was first realized around five decades ago and the first stage of spatial planning was implemented by the government in 1966.
Economy
With economic and welfare policies adopted by the government, next year’s inflation rate is highly likely to plunge further, Ali Rabiee, minister of cooperatives, labor and social welfare, said on…
Iran’s share in the Iraqi market stands at less than 20 percent, while the number should reach 25 percent given the two sides’ strategic neighborly ties, Jahanbakhsh Sanjabi Shirazi, the secretary…
Saipa, Iran’s second largest carmaker is to implement a new plan to scrap dilapidated old cars in big cities and replace them with new vehicles. The manufacturer simultaneously aims to stimulate…
In the budget bill submitted on Sunday to the parliament for the next fiscal year, the share of oil revenue has dropped to 32 percent from 38-39 percent in the current year’s budget, Mohammad…
Foreign exchange facilities of the Export Development Bank of Iran have gone up by 40 percent in line with Iran’s rising exports as sanctions against the country ease.
Iranian banks are a viable instrument for linking the country to the global economic system, said a European banking analyst, Banker News Agency reported.
The Financial Tribune has conducted a field research on premium services offered by commercial banks in Tehran. It has found that not all the banks offer premium services and that some services…
The Central Bank of Iran is mounting a three-pronged attack to curb corruption, says the bank’s governor Valiollah Seif. The bank is working to change structures, methods and technology to counter…
The administration plans to raise the lending power of commercial banks by $20 billion dollars. Five billion dollars from Iran’s Oil Stabilization Fund will be used to increase the capital of…
The government has decided to continue the previous administration’s cash subsidy scheme for the next year, starting March 2015, said Mohammad Baqer Nobakht, the vice president for strategic…
The Iranian industrial and mining sector is awaiting foreign investors with $9 billion of investment opportunities, the deputy of industry, mine, and trade said in the 18th Middle East Iron and…
Some 24 trillion rials (about $892 million at official exchange rate) of investments are annually required to mechanize the agriculture sector, including horticulture, livestock, and poultry and…
Germany’s economic activity is growing at a rapid pace. A flurry of recent news indicates to what extent Germany is back in business.
President Hassan Rouhani’s Chief of Staff Mohammad Nahavandian on Monday denounced administrative and financial corruption as a destructive element hampering business competiveness in the country…
Iran and Pakistan can make a joint investment to launch a special economic zone that can be used by both sides, Ali Tayebnia, Iranian minister of economic affairs and finance, said in a meeting…
A delegation of Turkish customs officials left Tehran on Sunday morning after they failed to reach a deal with the Iranian side to resolve a months-long dispute over the transit fees Iran has…
The government, on Sunday, submitted a detailed bill to the parliament for ratification based on which the feedstock for the industrial units, power plants, refineries, and petrochemical…
Based on market demand, close to 183,000 tons of steel sections, polymers, bitumen, vacuum bottom, lube-cut oil, granulated sulfur, copper, wheat, and corn were up for grabs at the Iran Mercantile…
The major global players in the wire industry will gather in Tehran to attend the second international exhibition on wire, cable, rod, and tube industries, known as Iran Wire 2014, IRNA reported…
All indices contributed to help TEDPIX get back on track at Monday’s close, persuading risk-averse investors to garner devaluated shares, instead of lining up to get rid of them.
The shortage of iron ore will cause a serious crisis for the steel sector in the future if the Balance Plan for steel continues to be ignored, said Mehdi Karbasian, the managing director of…
A new iron ore concentrate production unit named Saba Nour Company (SNC), with nearly 600,000 tons of annual capacity, will be launched in the western province of Hamedan within the next few days…
Close to 180,000 tons of clinker of Firuzkouh Cement Company (FIKCC) has been exported to Russia and the members of the Commonwealth of Independent States (CIS) since April 21, IRNA quoted the…
The head of Iran’s Chamber of Commerce, Industries and Mines has said the rise in the number of foreign business groups visiting the country is indicative of great investment prospects.
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