The government has said it is seriously considering raising the capital of state-owned banks, according to the minister of economic affairs and finance.
Increasing the capital of public…
Economy
Economy
Irancell 3G operator has increased the internet speed by tenfold, said Irancell Chief Executive Officer Alireza Ghalambor Dezfouli. “Nearly 60% of subscribers of second generation are currently…
Economy
Bandar Torkaman’s railcar repair and restoration center has fixed over 1,500 railcars in the past three years, according to Ebrahim Gran-Paha, Islamic Republic of Iran North Railway’s CEO. The…
Economy
The government needs 60 trillion rials ($2.24 billion) in investment to build rural roads and reach the target set in Iran’s 5th Five-Year Economic Development Plan (2011-2015).The ministry of…
Economy
Transit through Anzali Port, in the past seven months was up by a quarter compared to the same period last year. Over 374,918 tons of goods were exported to Russia, Azerbaijan, Turkmenistan and…
Economy
Living cost for each household in urban areas is about 18 million rials ($560 based on market rate) per month, according to a survey conducted by Statistical Center of Iran (SCI) in the first…
Economy
A confab was held in Tehran with the aim of assessing export opportunities in the Iranian carpet market and ways to export the product to China, which has been a rival for Iranian carpets in…
Economy
Turnovers of real estate agencies in Iran show the agencies’ dealings grew in the first half of the year (March 21 – September 22) after a steady decline in prices and a relative stability which…
Economy
The head of Iran’s Chamber of Commerce, Industries, Mines, and Agriculture, Gholamhossein Shafeie visited officials from Holland public and private sectors in Amsterdam on Sunday.
Economy
Minister of Cooperatives, Labor and Social Welfare Ali Rabiee called on Sunday for a reform on the overall function of the country’s existing funds, saying that they have great potential to be…
Economy
Trident, an American brand for chewing gum, has caused controversy in Iran after latest data found the gum contains sugar alcohol.Around $1.5 million of gums have so far been imported into Iran…
Economy
In the first ever international conference on bitumen production, figures at the event showed that Iran topped bitumen exports for the Middle East region, and ranked fourth in the world, said…
Economy
The Iranian Auto Parts Manufacturing Association (IAPMA) has been threatened with dissolution after an Administrative Court of Justice ruling on September 21, annulling the election of the board…
Economy
According to the country’s plans, copper exports will hit $2 billion within the few next years, Ahmad Morad Alizadeh, managing director of National Iranian Copper Industries Company (NICICO).” “…
Economy
Amid recent debates over unauthorized financial institutions operating across the country, the Central Bank of Iran on Saturday evening released a list of banks and institutions officially…
Economy
Compared to times not in the too distant past, Iran's huge auto industry is going through a strange phase. On the one hand the big manufacturers are trying to meet market demand by raising output…
Economy
Relaxing and revising stringent regulations in the production sector should be taken into account when assisting manufacturers’ production and export, Behrooz Foroutan, a member of Iran Chamber of…
Economy
The country’s total medicine imports via flights in the first six months of the current Iranian year (March 21- September 22, 2014) registered 22.8 percent growth compared to the same period last…
Economy
The 3rd joint regional conference of the Economic Cooperation Organization (ECO) and the International Road Transport Union (IRU) opens on October 26 in Tehran, IRNA reported. The conference seeks…
Economy
An exhibition was held in Bishkek, Kyrgyzstan, on October 22-25 with a focus on Iran’s market.
In an interview with Fars news agency, Kyrgyz lawmaker, Tursunbai Bakir Uulu, said the event…
Economy
One may wonder why Iranian cement is even sold on China’s online shopping site Alibaba. It is not so surprising if one considers the fact that Iran is one of the largest producers of cement…
Economy
Iran will be able to access 4 billion cubic meters of water upon the completion of unfinished dams across the country, Energy Ministry Hamid Chitchian announced on Saturday.
Economy
An official with the Rural Cooperatives Organization has announced a new plan that would soon centralize all information relevant to agricultural beneficiaries in an integrated online system.
Economy
The development project for Shahid Beheshti Port is likely to be financed by China as well as the resources of the National Development Fund of Iran (NDFI), FNA reported
Beheshti Port is…
Economy
The sixth exposition on introducing Iran’s investment opportunities, ended Friday, Oct. 25 after four days. It was held alongside the first international Bourse, Banking, Insurance, Capital Market…
Economy
