A total of 419 hectares of greenhouses were renovated and upgraded in Iran during the last fiscal year (ended March 20, 2018) at a total cost of 640 billion rials ($15.24 million), the head of…
Economy
Currently, about 700 licensed money exchange shops are active throughout Iran and each of them has entered the market with a minimum capital of 40 billion rials ($953,000), the head of the…
The Majlis Economic Commission said on Tuesday that it fundamentally agrees with the government's recent measures to control the foreign exchange market, although some of the executive decisions…
An entity established by Iran's private sector for attracting foreign investments mainly by identifying and introducing feasible projects has begun its work in earnest in recent months.
Iran and Turkey have started implementing a deal finalized by the two neighboring countries last year to use their national currencies in mutual trade with the first letter of credit being…
Tehran Stock Exchange’s main index gained 16.53 points or 0.2% on Tuesday compared to the day before to end trade at 95,522.7.
About 523 million shares valued at $32.68 million changed…
Despite an acute water crisis, the Iranian government is striving to maintain the quantity and quality of its agricultural products at levels that sufficiently meet—at least with regard to…
Iran’s non-oil trade with the UAE hit $16.83 billion in the last fiscal year (ended March 20, 2018), registering a 21.18% rise compared to the year before, Islamic Republic of Iran Customs…
In a continuing strategy of exploring previously untapped markets, Turku-based hamburger restaurant chain Hesburger opened a new outlet in Iran’s capital city Tehran on Friday.
Netflix Inc’s blitz of original programs attracted a surprisingly high 7.4 million new customers from January to March, reassuring investors who are betting the video-streaming pioneer’s massive…
The results for the Ph.D. preliminary examinations were released on the website of the National Educational Assessment Organization (Sanjesh Organization) on Monday.Hossein Tavakoli, a top…
Over 3,500 knowledge-based firms and several thousand startups are operating in Iran. The revenue of these companies during the last fiscal which ended in March surpassed 600 trillion rials ($14…
In the recently ended fishing season (Oct. 12, 2017-April 14), bony fish output in the northern Mazandaran Province bordering the Caspian Sea amounted to around 2,700 tons, marking a rise of 17.…
Iran’s non-oil exports to Ukraine amounted to $70 million in 2017, registering a 75% rise compared to the year before, Iran’s Ambassador in Kiev Mohammad Beheshti Monfared said.
Iran…
About 532,000 tons of commodities worth over $150 million were exported from the northeastern Iranian province of North Khorasan in the last fiscal (ended March 20, 2018), registering a decrease…
More than 740 tons of candles worth close to 55.2 billion rials ($1.6 million) were imported into Iran during the 11 months to Feb. 19, according to figures released by the Islamic Republic of…
Iran and Pakistan will establish a transport and transit corridor in the near future, Iran’s minister of roads and urban development said. In an interview held in Pakistan’s eastern city of…
All of Iran's payment systems and networks registered annual growths both in terms of number and volume of transactions in the previous fiscal year that ended on March 20, the chief executive of…
Finex 2018, the biggest financial sector exhibition in the Middle East, opened on Monday at Tehran’s International Fairground to host a wide array of businesses, officials and potential…
The governor of the Central Bank of Iran emphasized the role of moneychangers in the foreign exchange market, saying that the regulator is not seeking to remove them from the Iranian economy.
Iran capital market’s trade value reached 2.47 quadrillion rials ($58.8 billion) in the last fiscal year (ended March 20, 2018), growing 26.6% compared to the year before, the head of Securities…
Qatar plans to invest in the development of southern ports of Iran to help expand economic cooperation and increase bilateral trade, the director of Qatar Ports Management Company said at a…
Iran’s dormant bauxite project in Guinea-Conakry has recently sprung back to life, as companies operating it have announced an international tender for developing the mine and constructing a…
Tehran Stock Exchange’s main index lost 481.19 points or 0.5% on Monday compared to the day before to end trade at 95,506.3.
About 466 million shares valued at $22.43 million changed…
Volkswagen distributor in Iran, Mammut Khodro, is set to offer Golf GTI in the country in the coming months. The company already has Tiguan and Passat on sales in Iran.
