Trade of scrap metal will start on October 7 on the Iran Mercantile Exchange, after Iran Railways Company offered 500 tons of scrap metal to the market.
Economy
Economy
Iran is increasing steel exports and courting foreign investors in an ambitious bid to quadruple steel output exports in a decade to negate the effect of western sanctions and replace at least a…
Economy
The managing director of Lamer Cement Company says it would be a prelude to liberalization of cement prices if the product enters Iran Mercantile Exchange. Ebrahim Gholamzadeh, head of Lamer…
Economy
The administration has reacted to the criticisms raised following the Central Bank of Iran’s announcement of 4.6 percent economic growth for the first quarter of the current Iranian calendar year…
Economy
With US-Iranian nuclear negotiations reaching their deadline this November, businesses around the world are waiting in nervous anticipation to re-engage with one of the world’s largest economies,…
Economy
The government has no plan to reduce banking interest rates in the near future. Ali Tayebnia, the minister of economy, and Valiollah Seif, the governor of the central bank, have rejected the idea…
Economy
Over 120 exhibitors from Iran and other countries will participate at the first international exhibition of exchanges, banks, Insurance, capital market and privatization (EBEX 2014) on Kish Island…
Economy
The Iran Mercantile Exchange (IME) has said petroleum products and petrochemicals trades during the first six months of the Iranian calendar (March 21-September 22) witnessed increases both in…
Economy
A new supply of liquidity into the equity market, along with the increased interest of funds in buying shares, has led to 91.9 percent surge in TSE’s weekly trade volume, SENA reported.
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Economy
The government has pledged to earmark fresh funding for small and medium enterprises, deputy minister of industry, mines and trade said Friday. “We hope that we can help reactivate those small…
Economy
A lawmaker said the ministry of roads and urban development is planning to use Chinese finance for several railway projects. Ebrahim Karkhaneh said one of the national projects which uses Chinese…
Economy
Iran’s import from the US increased 40% in the sixth month of the Iranian calendar (August 23-September 22), reported ISNA. Based on statistics, 2,297 tons of American goods worth $14.52 million…
Economy
The value of exports rose 34% in the Iranian month of Shahrivar (August 23-September 22) compared to the similar period last year, reported Tasnim news agency. During the period, exports exceeded…
Economy
The National Development Fund of Iran (NDFI) has agreed to provide 1.7 trillion rials ($63.7 million) of the total budget needed for nomadic tribes to produce meat. Bank Keshavarzi is responsible…
Economy
Iran has great potential to export flowers to regional nations if authorities help producers address their problems, an official said.
Economy
Bank Melli has announced it will sell 20 trillion rials worth of its assets and equities by the end of the year, said CEO Abdolnasser Hemmati on Wednesday. He said 10 trillion rials in the bank’s…
Economy
Iran Mercantile Exchange is planning to go beyond the Iranian market by expanding its international collaboration with the suppliers, traders and other mercantile exchange's across the globe, an…
Economy
Iran’s deputy minister for labor has announced that the 65% of people who enter vocational courses are able to find employment. Kourosh Parand said those who take vocational courses would greatly…
Economy
Ports in the southwest of the country’s Khuzestan province handled more than 23 million tons of oil and non-oil products in the first half the current Iranian year- which started March 21, the…
Economy
In the first five months of the current year (March 21 – August 22, 2014), 11.9 million tons of industrial commodities worth around $5.5 billion and 11.3 million tons of mineral commodities worth…
Economy
The proposal calling for an increase in mortgage ceilings for the Mehr housing units has finally landed in the Central Bank of Iran to be reviewed.
Economy
The service sector in Iran, like many other countries, is gradually contributing more to the GDP growth than other sectors of the economy.
Economy
Ireland Ministry of Agriculture, Food and the Marine has approved the veterinary certification for exporting beef to Iran and will start the process soon, following negotiations between Irish and…
Economy
Global imbalances in trade and investment flows have shrunk by more than a third since peaking eight years ago and are likely to stay lower in the future, diminishing their threat to the global…
Economy
France’s public debt has topped the symbolic level of 2.0 trillion euro for the first time, according to official data Tuesday, putting Paris on a fresh collision course with the European Union,…
Economy
