The Iranian cement industry’s fall from grace has turned into a continuous freefall.
Demand is at sticky lows, overcapacity is rampant and underperforming plants have trouble clearing…
Economy
Economy
Major Iranian steelmakers exported 3.98 million tons of semi-finished and finished steel products during the first seven months of the current fiscal year (March 21-Oct. 22), registering a 24%…
Economy
Gholamreza Shafei, a former deputy head of Iran’s Management and Planning Organization, is tipped to take the helm of Civil Servants Pension Fund, after Mahmoud Eslamian announced his…
Economy
It is estimated that some 3.7 million tons of apples will be produced from over 250,000 hectares across the country in the current crop year to register close to a 9% increase compared with last…
Economy
Excessive rules and regulations have made investment in infrastructures ineffective and damaged the business environment in Iran.
This was stated by the deputy head of Iran Chamber of…
Economy
Iran is to reopen the Parvizkhan border crossing with the Iraqi Kurdistan Region after three weeks of closure following the Sept. 25 referendum, a Kurdish official announced on Sunday.
Economy
Iran Economic and Investment Opportunities Forum is scheduled to be held in Tehran on November 25-28 to help introduce $35 billion worth of investment opportunities in Iran’s economy to the…
Economy
Contraband household appliances are now up for sale online and through social networks, the head of Iran Home Appliances Association said.
Mohammad Tahanpour also told IRNA that the…
Economy
Close to 1,000 tons of gelatin worth more than 197.6 billion rials ($6.1 million) were imported in the five months to Aug. 22, figures released by the Islamic Republic of Iran Customs…
Economy
Iran has weighed filing a suit against Turkmenistan for cutting off its natural gas supply at the end of last year, but Iran's state gas company prefers to discuss and settle the dispute outside…
Economy
The year-to-date revenues of the Islamic Republic of Iran Customs Administration stand at over 170 trillion rials ($4.25 billion), of which import duties account for 125 trillion rials ($3.12…
Economy
During a meeting between the head of Majlis Domestic Production Support Commission and the head of Malaysian Parliament in Kuala Lumpur, the resolution of Iranian traders’ banking issues in…
Economy
As the Iranian banks move to connect to their international peers, some fundamental structural reviews are called for in order to strengthen their corporate governance and realign their…
Economy
Following the policy of promoting life insurance, the president of Central Insurance of Iran announced that the High Council of Insurance has issued the license for the establishment of another…
Economy
Iranian people, businessmen and policymakers must accept the rise in foreign exchange rates because the country’s inflation rate has been higher than the global average as well as the rate in…
Economy
The 13th International Trade Fair for Construction Machinery and Vehicles, Mining, Building Material Machines and Natural Stone Industry opened in Tehran on Saturday. According to Mohammad…
Economy
With up to 110 stage plays every year, Iranian theater is no longer a small-scale economic activity, a prominent theater director said.
Economy
Iran’s veteran steelmaker, Esfahan Steel Company, produced 1.27 million tons of steel products in the first seven months of the current fiscal year (March 21-Oct. 22), posting a 7.06% growth…
Economy
Tehran Stock Exchange’s main index added 23.70 points or 0.03% to end Saturday trade at 87,868.6.
About 1.36 billion shares valued at $46.045 million changed hands on Sunday.
…
Economy
A total of 1,654 tons of coffee worth $4.25 million were imported from 14 countries, including the UAE, Vietnam, India, Indonesia, Turkey and Italy, during the first half of the current Iranian…
Economy
Around 12,300 hectares of citrus fruit orchards in Mazandaran have been insured in the current Iranian year (started March 21), registering a threefold increase compared with last year when…
Economy
Close to 215 tons of women’s socks worth 69.4 billion rials ($2.13 million) were exported from Iran during the five months to Aug. 22, figures released by the Islamic Republic of Iran Customs…
Economy
The Islamic Republic of Iran Customs Administration’s latest report on Iran’s foreign trade during the seven months since the beginning of the current Iranian year (March 21-Oct. 22, 2017) show…
Economy
Household final consumption expenditure, excluding tax payments and premiums, of those living in Tehran Province, wherein lies the capital city, is about 1.5 times more than those living in…
Economy
The Iranian Parliament is determined to work in conjunction with the government to remove top three high-income deciles of Iranian households from the list of cash subsidy recipients in the…
Economy
