The removal of textile products from the list of items covered by Iran-Turkey Preferential Trade Agreement was an essential step, an official with Iran Chamber of Commerce, Industries, Mines and…
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
- Economy
A total of 500,000 tons of pistachios will be produced by the US and Iran for the first time this year, says the president of Iran Chamber of Commerce, Industries, Mines and Agriculture.
…
EconomyIran and Italy are scheduled to hold a joint exhibition in Rome in November. Both Iranian and Italian companies are slated to take part in the upcoming event, which is aimed at promoting bilateral…
EconomyFor the generation of Iranians now turning 30, Yahoo Messenger was their only form of rich media communication in the days of dial-up Internet, and the entire generational cohort was addicted to…
EconomyA team of researchers are currently working on a project to build Deep Brain Stimulation electrodes for treating Parkinson’s disease and different addictions, the head of Cellular and Molecular…
EconomySony is working on a new, higher-powered version of the PlayStation 4 console, but it will not be unveiled at the E3 gaming convention that begins on Monday.
EconomyInternet prices are expected to drop, following the latest enactments passed by Iran’s Communications Regulatory Authority Committee.
Headed by Minister of Communications and Information…
EconomyIran and the International Bank of Azerbaijan have agreed on the outlines of a $500 million loan for the construction of Rasht-Astara railroad, said the deputy minister of roads and urban…
EconomyThe chairman of Mehr Afarin brokerage firm says if interest rates are lowered to a certain degree, “we will witness a positive effect on the capital market and the production sectors”, but added…
EconomyThe US Treasury Department’s Office of Foreign Assets Control (OFAC) has updated its list of Frequently Asked Questions (FAQs) relating to the lifting of certain US Sanctions under…
EconomyBar unexpected major developments, the stability of the currency market is “guaranteed for the foreseeable future”, says Hamid Zamanzadeh, research director at the Monetary and Banking Research…
EconomyIran Persia International Bank is now connected to TARGET 2 interbank payment system, a significant development for the country's banks after years of being isolated from the global banking…
EconomyIran’s proven iron ore reserves are estimated to grow 50% to reach 4 to 4.5 billion tons by the end of 2016, according to Mehdi Karbasian, the head of Iranian Mines and Mining Industries…
EconomyCarnage overtook Iran's stock markets on Saturday. Shares on both the Tehran Stock Exchange and Iran Fara Bourse dropped, as panic overtook markets with some shares swinging as much as 8%.
…
EconomyIran is planning big for its aluminum industry, as it intends to attract $10 billion of foreign investment to increase annual aluminum production to 1.5 million tons within the next decade as per…
EconomyImporters in Iran have bought at least 250,000 tons of Brazilian raw sugar in the first purchases since western sanctions were lifted on Tehran in January, Reuters quoted “trade sources” as saying…
EconomyIraq has lifted a ban on the import of livestock from Iran following the containment of foot-and-mouth disease. As Mehr News Agency reported, the Iraqi Agriculture Ministry’s Veterinary…
EconomyAfghanistan’s capital city of Kabul is hosting Iran Industry and Machinery Exhibition 2016 on July 12-15. Ali Sadrzadeh, the organizer of the event, was quoted as saying by IRNA that the…
EconomyAn international airport in Chabahar Free Zone in the southern Sistan-Baluchestan Province will be constructed in 18 months, according to Mohammad Hossein Malekzadegan, a board member at Chabahar…
EconomyTo have reliable non-oil exports, Iran needs to shift trade away from oil and petrochemical industries.
That’s the core message of an opinion piece in Persian published by the chairman of…
EconomyIran’s Healthcare Overhaul Plan is becoming a big challenge, says the head of Iranian Pharmaceutical Importers Association, warning that it is going to hit both the private sector and people alike…
EconomyIran Khodro, the country’s largest automaker, has announced that it has started the test production of the low-fuel 3F7 engine at one of its sites in Tabriz, northwestern Iran.
EconomyTesla Motors on Friday revised a nondisclosure clause in its customer repair agreements after a US regulator took issue with the practice, while the electric carmaker’s chief executive called most…
EconomyPolice cars across the country will be equipped with license plate scanning equipment. “Equipping police cars with the latest technology is part of a drive to use the latest technology to fight…
EconomyFrance’s Peugeot family is ready to consider raising its stake in PSA Group, the carmaker it controlled until a government-backed bailout in 2014, former chairman, Thierry Peugeot, and other…
Economy