Governor of the Central Bank of Iran Valiollah Seif defended this week's crackdown on the foreign exchange market to counter market disruptors, saying the move was in line with "global norms".…
Economy
Iran is negotiating a wheat import deal with Russia that would allow it to increase flour exports to neighboring Iraq, the secretary-general of Iran Federation of Food Industry Associations said…
The Central Securities Depository of Iran issued 24 trading codes for foreign investors in the 10th month of the current Iranian year (Dec. 22, 2017-Jan. 20) to trade in Iran’s capital market.…
More than €20.2 billion worth of commodities were traded between Iran and the European Union member states in 2017, registering a 52.83% increase compared with the value of commercial exchanges…
The government has issued over 300 trillion rials ($6.4 billion) worth of debt securities so far in the current fiscal year (started March 21, 2017), Chairman of Islamic Republic of Iran Debt…
Tehran Stock Exchange’s main index gained 81.79 points or 0.08% to end Saturday trade at 98,429.7.
About 1 billion shares valued at $54.29 million changed hands at TSE for the day.
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More than 21,000 tons of mineral water worth $25 million were exported from Iran in the last fiscal year (March 2016-17).
The main export destinations were Turkey, Iraq, Afghanistan,…
Cigarette tax will increase in the next fiscal year (starting March 21) as approved by members of the Iranian Parliament on Saturday. The duty for retail prices of locally and jointly…
The government has allocated 31.17 trillion rials ($660 million) for the installation of modern irrigation systems in farmlands across the country, of which 41% (close to $270 million) have been…
The government earned 150% more from tax than from oil in the last fiscal year (March 2016-17), the chairman of Iranian National Tax Administration said.
Kamel Taqavi-Nejad made the…
Iranian Privatization Organization has sold over 6.84 trillion rials ($146 million) worth of public companies’ shares to the private sector so far this fiscal year (started March 21, 2017). Over…
Iran Khodro unveiled a plug-in hybrid electric version of its Dena+ sedan over the weekend.
The hybrid is equipped with a 90KW and 220Nm electric motor and a 14kWh lithium-ion battery…
Two major automakers Iran Khodro and SAIPA displayed their products at a special Iranian trade and industrial exhibition in Iraq from February 12 to 15. More than 100 Iranian companies active in…
More than 2.18 million TEUs of container goods were loaded and unloaded in Hormozgan Province’s Shahid Rajaee Port during the first 10 months of the current Iranian year (March 21, 2017-Jan. 20…
Iranian steelmakers produced 34.7 million tons of steel during the first 10 months of the current fiscal year (March 21-Jan. 20) to register a 14.3% growth compared with last year’s…
Tehran stocks spent last week in limbo, as traders seemed paralyzed with eyes fixed on the foreign exchange market for a sign of stability, which remains elusive.
Tehran Stock Exchange’s…
Home prices will rise at a rate higher than the inflation–currently hovering at 10%–in the next fiscal year that starts on March 21, the head of Tehran Association of Realtors said.
Foreign exchange market showed early signs of cooling on Thursday after the Central Bank of Iran unveiled its emergency package aimed at enticing investors to embrace regulated monetary and gold…
Bank Melli Iran, the nation’s biggest bank, is becoming more aware of the important role played by big data, as its deputy for information technology and communications network says it has…
A number of companies from several countries have expressed interest in implementing construction projects in the town of Pardis, the chief executive of state-owned Omran Pardis New Town Company…
Majlis Joint Commission has removed an article incorporated in the bill for the next fiscal (March 2018-19) about imposing a ban on the import of transgenic crops that fail to secure…
Three Airbus A319 secondhand jets landed in Mashhad International Airport on Wednesday and are expected to join the fleet of a newly-established Iranian airline, Tehran Air. Reza Jafarzadeh, the…
Cigarette tax will remain unchanged as approved by Majlis Joint Commission, a parliamentary body responsible for reviewing the budget bill proposed by the government before its final…
No cases of human infection with the H5N6 strain of avian flu have been reported in Iran yet, Mohammad Mehdi Gouya, the director-general for communicable diseases at the Health Ministry…
With 229 vessels, Iran accounts for 1.1% of the global maritime transportation capacity and ranks 20th in this respect.
Managing Director of the Ports and Maritime Organization of Iran…
