Economy

The Central Securities Depository of Iran issued 23 codes for foreigners to trade in Iran’s equity market during the Iranian month ending December 20, bringing the total number of foreign traders…

Ever since the government turned its focus to borrowing through Iran’s debt markets two years ago, their volume has surged.

The government, municipalities and state companies are now the…

Buying activity in the Iranian flat steel import market has been sluggish over the past week, as imports were too expensive compared with local products.

Metal Bulletin’s price assessment…

Iran keeps ramping up the production of direct-reduced iron, refusing to yield the palm to India, which follows Iran in the list of top producers.

The trend is likely to continue in 2017,…

Tehran Stock Exchange’s main index shed 88.80 points or 0.11% to end Saturday trade at 80,161.2.

More than 793 million shares valued at $43 million changed hands for the day.

Abadan…

More than 163 tons of dairy cattle worth close to 28 billion rials (over $700.5 million at market exchange rate) were exported during the seven months to October 21, according to figures released…

The government will allocate 5 trillion rials ($125 million at market exchange rate) for an under-construction railroad connecting Chabahar Port to the city of Zahedan, both in Sistan-Baluchestan…

A conference dubbed Iranian Aviation Confex 2017 (IAC 2017) has been scheduled for April 17-18, 2017, in Tehran.

The event is themed “Transforming the Post-Sanctions Iranian Aviation…

Over 11,400 tons of cement were exported to Pakistan during the eight months to November 20, registering an over 100% growth, according to managing director of South East Railway Company.

Exporters will have one month to pay the value added tax from their sales, the head of Iranian Exporters Confederation, Mohammad Lahouti, said on Saturday.

Between 800 and 1,000 kilometers of highways have been constructed across the country every year since March 2013-14 when President Hassan Rouhani took office, according to Abdolhashem Hassan-Nia…

Iran exported 5.7 million tons of non-oil goods worth $1.9 billion to India during the eight months to November 20, registering a 6% increase in value over last year’s corresponding period. The…

Following rumors that an unidentified South Korean company fined by the Islamic Republic of Iran Customs Administration for evading import tariffs could be Samsung, IRICA has clarified that this…

Modiran Vehicle Manufacturing Company (MVM), the official representative of the Chinese brand Chery in Iran, has unveiled a face-lifted version of Tiggo5 in Tehran. According to a company…

Automotive sales data shows that in the first eight months of the current fiscal year (started in March) SAIPA’s Pride and Iran Khodro Company’s Peugeot 405 held the sales record.

According…

A federal judge said on Thursday that Volkswagen AG has reached an agreement in principle to provide “substantial compensation” to the owners of about 80,000 3.0-liter polluting diesel vehicles, a…

China will fine US automaker General Motors Co’s joint venture $29 million for monopolistic pricing, state television reported on Friday, ending speculation after an official warned of penalties…

Volkswagen is to produce its Polo hatchbacks under a joint venture with an Iranian automotive company, Mammut Group.

According to Persian Khodro, a local automotive website the production…

Bank Maskan, the state-owned lender specialized in financing the housing sector, has been tasked with financing the renovation of 300,000 housing units each year, as part of the sixth five-year…

The US dollar exchange rate is expected to drop after the New Year Eve, said the Central Bank of Iran’s head of Exports Department.

The currency registered a big recent rally in Tehran…

More than 120,000 Housing Savings Accounts have been opened since the scheme to assist first-time home buyers was launched last year, announced the head of Bank Maskan's Public Relations…

Enhanced connectivity and banking channels between Iran and Pakistan are imperative to fully exploit the post-sanctions' opportunities and negotiations in this regard are at an advanced stage and…

A banking memorandum of understanding was signed between the central banks of Iran and Kazakhstan during President Hassan Rouhani's three-nation tour of Armenia, Kazakhstan and Kyrgyzstan.

The government generated 1,445,000 jobs during the first six months of the current Iranian year (started March 20, 2016), according to Minister of Economic Affairs and Finance Ali Tayyebnia.The…

Members of the Iranian Parliament approved last week a ban on introducing “new” tax exemptions and discounts for the next five years.

The measure was proposed by the government as part of…