About 660,000 tons of goods worth $340 million were exported to 57 countries from Markazi Province in western Iran during the first half of the current Iranian year (started March 20), the…
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An agreement to establish an Iranian Bazaar in Oman was signed by Muscat and Tehran on Monday, which will be built in an area of 40,000 square meters and showcase a variety of Iranian products.…
EconomyHead of Iran Fisheries Organization says about 15,000 tons of fish worth $150 million were imported into the country during the last Iranian year (March 2015-16), adding that the figure is dwarfed…
EconomyChina’s CITIC Group Corporation has expressed readiness to provide Iran with $10 billion of financing, mostly in the mining sector, announced a top official with the Chinese company.
Zhou…
EconomyMarine economy constitutes between 2.5% and 4.6% of Iran’s gross domestic product, says the managing director of Ports and Marine Organization of Iran. Mohammad Saeednejad added that the figure…
EconomyA record high of 14 million tons of wheat were domestically produced this year, more than 11.76 million tons of which (worth over $4 billion) have been purchased by the government from local…
EconomyFollowing a cabinet enactment, executive bodies have been tasked to submit a proposal and specify the role their organization can play in marketing local-made knowledge-based products, said the…
EconomySamsung said on September 27 it has recovered more than 60% of all Galaxy Note 7 smartphones sold in South Korea and the United States that have been recalled.
The Korean company’s recall…
EconomyThe second edition of Code Cup Competition will be hosted by Sharif University of Technology (SUT) this year. The coding competition aims to increase knowledge and coding skills of the…
EconomyThe website of the popular MMORPG (massively multiplayer online role playing game) World of Warcraft has been blocked by Iranian authorities, due to what they cite as “a multitude of criminal…
EconomyFourteen international shipping lines have returned to Iranian ports following the implementation of the Joint Comprehensive Plan of Action (the formal name of the nuclear deal signed by Iran with…
EconomyThe Central Bank of Iran is devising a set of rules to let foreign nationals use credit cards offered by Iranian banks on Thursday, a senior official of the bank said.
EconomyThe Central Bank of Iran plans to merge the remaining uncertified credit institutions in order to regulate their operations, said Abbas Kamarei, director of CBI’s Office for Bank Supervision. He…
EconomyThe 12th International Trade Fair for Construction Machinery and Vehicles, Mining, Building Material Machines and Natural Stone Industry, otherwise known as Iran ConMin 2016, is scheduled to…
EconomyThe imposition of economic sanctions was the most critical factor affecting Iran’s foreign trade in the past few years.
Economymarkets regulator Securities and Exchange Organization has approved a new securities clearing model to address the concerns of foreign investors about risk settlement in Iran’s financial markets…
EconomyIran’s iron ore, copper and steel industries have been operating under their nominal production capacity for the past few years due to unstable demand in China and in the domestic market,…
EconomyClose to 20,000 people participated in the online registration of the eighth round of the National Population and Housing Census from 7-9 a.m. on Monday.
This is while during the first two…
EconomyAbout 400 tons of saffron are estimated to be produced in the current Iranian year (March 2016-17) from 90,000 hectares of land under saffron cultivation across the country to register a 15%…
EconomyIran’s mining sector requires $15.3 billion in foreign direct investment to meet the goals stipulated in the sixth five-year development plan (2016-21), the Iranian Mines and Mining Industries…
EconomyThe average goods and services Consumer Price Index for urban areas in the 12 months ending September 21, which marks the end of the Iranian month of Sharivar, reached 8.8% compared with last…
EconomyIran exported 57,500 tons of non-oil goods worth $4 million to the Philippines during the first four months of the current Iranian year (started March 20), registering a 63% decline in value…
EconomyAs part of its corporate-social responsibility (CSR), Modiran Vehicle Manufacturing (known better by its acronym MVM), will be gifting Iranian medal-winning Olympians new vehicles. Iranian…
EconomyThe Fifth International Tool and Die and Raw Material Exhibition is underway in Tehran (Sept. 26-29).
The event has been organized by SAPCO, the main automotive part supplier of Iran Khodro…
EconomySome 20,000 people have applied for credit cards at Bank Melli Iran within two days of the launch of the nationwide plan, according to the bank’s website.
According to CBI’s statement on…
Economy