Economy

Fourteen foreigners registered for trading in Iran’s securities markets in the Iranian  month of Tir (June 21-July 21, 2016), a Central Securities Depository of Iran executive said.

…

Tehran Stock Exchange's benchmark index jumped by 1,712 points or 3.2% during the trading week that ended July 27 to close at 76,225.

TEDPIX recorded its biggest daily gain in four weeks on…

Export of three strategic minerals, namely iron ore, copper and gold, in their raw form will be banned by the end of the first half of the next Iranian year (August 22, 2017), the head of…

Iranian steel manufacturers believe consolidation is the only way out of the ongoing recession, as they aim to boost steel exports.

Renault-Nissan alliance chairman and CEO, Carlos Ghosn, confirmed that the alliance will invest $800 million in Argentina through 2018.

Iran is a market with great growth potential, therefore Skoda Auto intends to enter the market, the company’s spokesperson said. Tomas Kubik made the confirmatory remark when Financial Tribune…

Man AvtoUZ, a German-Uzbek joint venture, will begin the production of 3,000 new lorry cabs under the MAN brand in early September for the Central Asian country and other regional states.

…

French automaker PSA Group shrugged off a drop in Chinese sales and an aging lineup to deliver a record first-half profit, as Chief Executive Carlos Tavares made progress on his turnaround plan…

Exports from Arvand Free Commercial-Industrial Zone in the southwest of Iran amounted to more than $1.4 billion in the last Iranian year (March 2015-16), indicating a 9% increase compared to the…

Iran’s largest producer of semi-finished casting products, Khuzestan Steel Company, plans to strengthen positions in export markets this year, which may tighten competition with other suppliers to…

Iran Mercantile Exchange saw the trading of 407,779 tons of goods on Wednesday, including 110 tons of I-beam, 20,220 tons of rebar, 30,500 tons of steel ingot, 10,729 tons of bitumen, 160 tons of…

Iranian Central Plateau Iron Ore Mines Complex, otherwise known as ICEP, plans to increase its granulated iron ore output to 1.4 million tons by the end of the current Iranian year (March 2017…

Finnish company Outotec has been awarded a contract by Shangdong Province Metallurgical Engineering Co., known as SDM, for the delivery of process equipment to the Iron Concentrate Project Sangan…

Stocks accelerated their rally on Wednesday, as large-scale deals between big market players boosted the market's climb a day after the entire board of the Securities and Exchange Organization…

Tehran and Baku have drafted a plan for financing and implementing a key railroad project connecting Iran’s two northern cities of Rasht and Astara in a meeting between Iran’s deputy minister of…

Iranian companies will participate in 12 foreign exhibitions to be held by the end of the current Iranian year (March 20, 2017), according to the deputy head of Iran International Exhibitions…

Non-oil exports in the first four months of the current Iranian year (started March 20) earned $16.3 billion, which indicates a 21.11% rise compared with the corresponding period of the last year…

Fish production through cage farming experienced a fourfold increase in the last Iranian year (March 2015-16) compared to the previous year and reached 20,000 tons, according to the head of Iran…

US Democratic lawmaker Oregon Congressman Earl Blumenauer has criticized opponents of a multibillion-dollar deal between Boeing and Iran Air and urged economic engagement with the Islamic Republic…

The 22nd international exhibition of textile machinery, raw materials, textiles and embroidery machines dubbed IRANTEX 2016 will be held at Tehran’s International Fairground on September 3-6.

The CEO of Bank Melat Iran the minister of Oil and the CEO of National Iranian Oil Company discussed ways to enhance cooperation.

Referring to some of the most important achievements of the nuclear agreement between Iran and world powers, the head of international affairs at Export Development Bank of Iran said that banking…

Government interference in price controls, levying value added taxes on premiums, and the misconception of government executives about insurance policies are some key issues insurers are facing.…

In recent months the Central Bank of Iran has set new boundaries for the banking system, preventing them from further getting mired in the frenzied race to attract deposits.  

Iran Khodro Company’s CEO Hashem Yekezare said Peugeot 2008 would enter Iran’s market in March 2017 as IKCO’s first joint product with Peugeot.

According to Yekezare, the two sides are…