Mobarakeh Steel Company plans to expand steel production capacity by more than 10 million tons per year by the end of November, the managing director of MSC said. Bahram Sobhani added that this…
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
Economy
The annual earnings season for Iran’s exchange-listed companies ended on Thursday, while 10 major commercial lenders’ shares remained closed for trading, as they failed to hold their general…
Economy
In a significant development for Indian garment exporters, Iran has agreed to slash import duties on Indian textile products by 20-25% in two years.
Iran has signed a memorandum of…
Economy
Tehran Stock Exchange's main index gained 420.20 points or 0.56% to end Saturday trade at 74,934.3.
More than 585 million shares valued at $36.6 million changed hands for the day.
…
Economy
Iran is the second leading producer of lead and zinc in the Middle East and North Africa region after Turkey, according to a report recently published by the US Geological Survey on Iran’s nonfuel…
Economy
Arian Motors, the official representative of Citroen DS in Iran, will unveil the Chinese-derived DS6 in the coming week.The DS6 is a compact SUV designed specifically for the Chinese market and is…
Economy
Iran’s largest carmaker Iran Khodro Company (IKCO) is planning to sell 28 of its subsidiary companies by the end of the current Iranian year (March 20, 2017), the company’s CEO said on July 20.
Economy
Hyundai Motor Group’s global R&D chief seems unruffled by the industry hubbub over new mobility.
Vice Chairman Yang Woong-chul said Google won’t challenge old-school metal-benders by…
Economy
A 45-strong delegation from Russia’s Astrakhan headed by the province’s governor, Alexander Alexandrovich Zhilkin are due to visit Tehran on July 25 to take part in a meeting of Iran-Russia…
Economy
The Iranian private sector has invested 3 trillion rials (more than $85 million at market exchange rate) for the construction of four berths in Anzali Port and Free Trade Zone in the northern…
Economy
The goods and services Consumer Price Index for urban areas increased 9% in the 12-month period ending July 21, which marks the end of the Iranian month of Tir, compared with last year’s…
Economy
The fourth meeting of Iran-Pakistan Border Trade Committee concluded in Quetta on Wednesday by agreeing to increase bilateral trade from the current $1 billion to $5 billion per year.
Economy
Minister of Economy and Finance Ali Tayyebnia’s final day of his official visit to Kenya last week (Iranian weekdays end Friday) was packed with meetings with government officials.
…
Economy
Referring to unreasonably high salaries of some senior officials, the president of the Central Insurance of Iran said a part of the wages, perks and bonuses plus huge loans outside the norm of the…
Economy
The CEO of the Export Development Bank of Iran says the improved business climate and implementation of the Joint Comprehensive Plan of Action largely contributed to Iran’s long-awaited OECD…
Economy
The Central Bank of Iran remains focused on and committed to lower interest rates and wants to reduce it further to single digits in line with the rate of inflation, said the bank’s governor…
Economy
SACE, the Italian export credit agency says its cover for trading with Iran has reached €2.5 billion since the lifting of sanctions in January.
According to Marco Feriolli, head of the SACE…
Economy
Iran has bought 60,000 tons of Brazilian raw sugar, adding to an earlier purchase this month as the Islamic Republic steps up imports.
Iran’s state buyer the Government Trading Corporation…
Economy
Plans are underway to construct 2,500 kilometers of highway and 770 kilometers of railroad across the country by the end of the current Iranian year (March 20, 2017), Deputy Roads and Urban…
Economy
Iran produces rare-earth elements on an experimental scale.
Economy
Equities rebound from four-month lows, as low prices spurred bullish bets in the fourth Iranian month of Tir (ending July 21), but the advance was slow due to poor market prospects.
Demand…
Economy
The removal of sanctions provided an opportunity for Iranian automotive industry not only to recover but also reach new heights.
A large number of international car brands rush to come back…
Economy
Iran and Japan have signed a document to increase cooperation in the transportation sector.
Economy
Smart Cities is an idea integral to the future, where the Internet of Things will play a dominating role in the lives of citizens.
Economy
Following reports from around the world of Pokemon Go causing mayhem in several countries for its appeal, Financial Tribune researched if local smartphone users had any luck with installing and…
Economy
