Economy

Iran’s rank for ‘ease of doing business’ in 2015 has been improved to 130th position globally, from 132nd in 2014, according to a new World Bank report.

The secretary general of Central Bank of Iran (CBI) has stated that the bank is the main organization in charge of issuing banknotes with high security features.

Mahmoud Ahmadi said on…

Small industries now account for 45 percent of total employment in the country, according to the deputy head of the Iranian Small Industries and Industrial Parks Organization (ISIPO).

The governor of the Central Bank of Iran (CBI), Valiollah Seif, has met with Indian officials in New Delhi, exchanging views on how to develop and broaden economic ties, IRNA reported. Trade…

Prices of metal building materials sharply fell during the first half (March 21-September 22) of the current Iranian calendar year, a new report said on Wednesday.

The Tehran Stock Exchange’s main index (TEDPIX) had a bullish trend at this week’s last trading day, after most indices settled in green and wiped out earlier losses.

Based on the TSE’s…

The Islamic Republic of Iran Customs Administration has issued a directive based on which no more steel ingots and rebars will be imported with the official exchange rate, Fooladnews reported…

Construction of hydroelectric power plants has no dire effects on country’s water resources, a deputy minister of energy said late Monday.

The Central Securities Depository of Iran (CSDI) signed a memorandum of understanding with the Central Securities Depository of China (CSDC) based on which the Iranian stock market would link to…

Despite the great emphases Iran and Russia laid during the past months on increasing the export of Iranian food and agricultural products to Russia, the soft commodities had a very little share in…

Close to 50 grades of polymers were on sale on the oil and petrochemical trading floor at the Iran Mercantile Exchange on Tuesday, IME’s PR and foreign affair department reported.

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Iranian Mines and Mining Industries Development and Renovation Organization, IMIDRO, has picked three consortia to join projects to produce iron concentrate and iron ore pellets, reported…

The Iranian Association of Steel Producers said the country’s steel production rose by 7% in the first half of the current Iranian calendar year compared to the same period last year, reported…

Stocks at the Tehran Stock Exchange (TSE) failed rally for a second straight day, after most of the listed stocks had a mixed trading day, with the TEDPIX inching up only 0.01 percent.

The…

More than 120 trillion rials have been injected into the capital market within the first half of the current year, ending Sep. 22, demonstrating a tepid growth in comparison to the same period…

Esfahan Steel Company has signed an agreement with the Tunisian company ARKEN to do exploration and extraction activities, equip and exploit mines, and build steel manufacturing units in the North…

Risks to the fundamental stability in the Iranian banking system is forecast to remain contained in the fiscal year ending March 20, 2016, a new report says, predicting a slower growth for the…

A report published by the Parliament Research Center has attributed the hike in liquidity in the first quarter (spring) of this year to an increase in both the monetary base and foreign assets of…

Arvand Free Trade Zone (AFZ) located in the southwest corner of Iran, bordering Arvand River and beyond that southern Iraq has a unique proposition on offer, which differs from the other free…

The equity market will not get hurt if commercial banks stop their firm-running activities and sell their equities there, said the head of Securities and Exchange Organization on Tuesday.

As part of its recent campaign against unauthorized financial institutions, the Central Bank of Iran has launched an online system inviting citizens to use it to help the bank identify illegal…

The minister of industry, mine and trade says that a quicker exit from recession will be possible if the younger generation contributes to economic growth.

Tehran’s trade exchange with Vienna is expected to grow up to 10 percent by the end of 2014, deputy trade commissioner from the Austrian embassy told IRNA on Tuesday, saying that the number stood…

The transnational nature of agricultural and environmental challenges faced by Iran and its neighbours would require a concerted regional approach to address them effectively and in a sustainable…

Ministry of cooperatives, labor and social welfare is to execute a new development plan known as “Package of Seven”, which aims to make cooperative organizations more efficient and productive.…