One of the grim realities local startups usually put up with is government bureaucracy.
Censuring “unnecessary regulations” Gholamhossein Shafei, head of Iran’s Chamber of Commerce,…
Economy
Economy
The government will allocate 6,590 billion rials ($164 million) in loans and 2,810 billion rials ($70 million) as grants to households in the quake-stricken Kermanshah Province in western Iran,…
Economy
The Iranian banking system paid out loans worth 3.13 quadrillion rials ($76.48 billion) to nearly 5 million applicants in the first seven months of the current Iranian year to Oct. 22, marking a…
Economy
Iran and Norway explored ways of expanding financial ties between the two countries’ banks and credit institutions.
Economy
Iran and Singapore called for resolving banking issues to boost trade.
In a meeting with the head of Iran Chamber of Commerce, Industries, Mines and Agriculture, Singapore’s Ambassador…
Economy
Bank Sepah, the oldest Iranian lender, has managed to lower its ratio of non-performing loans close to 10% and boost its capital adequacy ratio to over 11%, which are both better than the…
Economy
Gold coin prices continued their weeklong surge to reach their four-year high in Tehran’s market on Wednesday.
After significant leaps in recent days, Emami gold coin fetched 13.94…
Economy
Tehran Stock Exchange’s main index gained 56.10 points or 0.06% to end Wednesday trade at 88,005.9.
About 911 million shares valued at $35.241 million changed hands in the day.
…
Economy
Islamic Revolution Mostazafan Foundation has announced its readiness to supply up to 100,000 tons of cement for reconstruction operations in the quake-stricken Kermanshah Province. This was…
Economy
Non-standard imported beams have compromised the safety of over 60% of buildings constructed in Iran, the head of National Iron & Steel Union said.
“Some traders exploit the…
Economy
The Iranian mining sector was surrounded by much fanfare following the lifting of nuclear sanctions on the Islamic Republic in 2016.
Government officials and economists, expecting an…
Economy
More than 557 kilograms of caviar worth over $1.37 million were exported from Iran during the seven months to Oct. 22, registering a 9% and 6.6% decline in weight and value respectively compared…
Economy
The construction of the Rasht-Astara railroad within the framework of the International North–South Transport Corridor project will start in the first half of 2018, the head of Azerbaijan…
Economy
Retail prices of bread will increase by 15% as of Nov. 22, the head of Iran’s Traditional Bakers’ Union said.
Economy
The First International Exhibition of Edible Oils, Oilseeds and Related Products, Machinery and Industries, also known as Seedex 2017, is scheduled for Nov. 28 to Dec. 1 in Tehran.
Economy
Iran Chamber of Commerce, Industries, Mines and Agriculture, in conjunction with the Planning and Budget Organization of Iran, has released a comprehensive list of unfinished government projects…
Economy
In coordination with the Iraqi government, Shalamcheh and Chazzabeh border crossings in Iran’s southern Khuzestan Province reopened on Wednesday.
Economy
The Iranian Ministry of Industry has instructed local carmakers and their foreign partners to submit reports of their activities and achievements.
Deputy minister of industries, Mohsen…
Economy
Electric vehicle charging facilities which draw on 100% renewable energy from street lampposts are set to be placed on the streets of Kensington and Chelsea, creating the largest network of its…
Economy
Volkswagen says it obeyed the law in the payment of its works council chief, Bernd Osterloh, whose office was raided on Tuesday along with those of its chairman, finance chief and head of…
Economy
A Tehran City Council member has censured the excessive amount of advertisements on Tehran’s Bus Rapid Transit fleet.
Nahid Khodakarami says, “The current bus advertisings go far beyond…
Economy
SAIPA, Iran’s second-largest carmaker, has announced the price of its latest model Quick. The company wants 420 million rials ($10,500) for the small hatchback, local automotive website Asbe…
Economy
The CEO of Franco-Italian planemaker ATR says its contract with Iran stands firm and that deliveries will be made as per schedule.
Economy
Around 284,450 tons of palm oil worth over 730.15 billion rials ($223 million) were imported into Iran from seven countries during the seven months to Oct. 22, registering close to a 50%…
Economy
Iran has ranked 140th in the latest World Economic Forum annual report on “The Global Gender Gap”—a one-notch drop from last year’s 139th.
The WEF report gave Iran a score of 0.583 in…
Economy
