Iran has purchased 2.8% of shares in the Asian Infrastructure Investment Bank's (AIIB), deputy economy minister for foreign investment affairs said Tuesday.
Economy
Economy
A band of criminals trying to hack into Bank Melli’s accounts was identified and stopped by the timely reaction of the bank’s officials in cooperation with Tehran’s Intelligence Bureau, reported…
Economy
The Money and Credit Council has voted against doubling Jualah contract loans (a type of low-interest Islamic loan) to 200 million rial ($ 6,667) from the current 100 million rial. It, however,…
Economy
Iran experienced positive economic growth in the first quarter of the current Iranian year (March 21-June 21), said the head of Statistical Center of Iran, Adel Azar, without providing a specific…
Economy
The bill to establish two new free zones of Sistan (in southeast Iran) and Baneh-Marivan (near the western border) was passed by the High Council of Iran Free Trade-Industrial Zone on Monday and…
Economy
Iranian Economy Minister Ali Tayyebnia said Iran and Brazil plan to raise bilateral trade to $5 billion, adding that the target is within reach in view of the two countries' potential.
…
Economy
Iran and Finland discussed avenues of cooperation and investment opportunities in the new economic climate following the lifting of sanctions against Iran over its nuclear energy program.
Economy
The biggest value added in textile industry is generated in garment workshops, says the deputy head of the Association of Iran Textile Industries.
Alimardan Sheibani, who is also a…
Economy
Representatives of Tehran Stock Exchange and Iran Fara Bourse have been invited, along with chief executives of leading Middle East exchanges, to discuss foreign investment opportunities at the…
Economy
Iran Mercantile Exchange’s oil and petrochemicals trading board witnessed the offering of more than 53,450 tons of polymers, 38,600 tons of bitumen and 5,500 tons of sulfur on Tuesday. The…
Economy
Competition in the global iron ore market has become so intense following a glut in low-cost supplies that Iranian exporters have abandoned efforts to court overseas sales. Instead, they are…
Economy
Tehran Stock Exchange ended Tuesday trade in green, as TEDPIX gained 119.70 points or 0.19% to settle at 62,923 .
Economy
With Iran’s capital markets just opening up, the money market has been the dominant force behind financing businesses in the recent past.
The money market has been financing 90% of business…
Economy
PSA Peugeot-Citroen posted a 3.2% increase in third-quarter revenue, as recovering EU demand shielded them from the worst of China’s slowdown. Revenue rose to $13.7 billion in the three months…
Economy
Windows Phone users now have access to a digital interactive version of the Tehran Metropolitan railroad map via their handsets from the Windows Store, according to Zoomit. The unofficial…
Economy
BMW’s local distributor, BMW Persia, has announced it will officially unveil its 2 series coupe in the next few days in Tehran.
Economy
An automotive official has rejected the claims of four ministers who recently said 100,000 vehicles have been stockpiled due to low demand.
According to Mohammad Reza Najafimanesh, a member…
Economy
The Prosecutor General’s Office has said it is raising the issue of filtering Telegram Messenger over security issues.
News of the impending review comes after a recent comment by that…
Economy
This week Russian search engine giant, Yandex, announced it will expand operations into the Iranian market.
However, on Tuesday, a representative from the company said it had no plans to…
Economy
Esfahan Steel Company will start producing rail by the end of the current Iranian year (March 19, 2016), with the aim of reducing reliance on imports amid growing need to expand railroad…
Economy
Cigarette production during the first half of the current Iranian year dropped 30% in terms of weight compared to last year’s similar period, says Mohammad Hossein Barkhordar, director general of…
Economy
About 38,000 tons of goods worth $31 million were exported from Ardabil Province, during the first half of the current Iranian year (started March 21), indicating a 24% decrease in weight and 2%…
Economy
Ukraine is a viable source for Iran’s grain and nut imports, says head of Iran-Ukraine Joint Trade Council.
Due to its large-scale grain production, and vast fields of wheat and other food…
Economy
News of the deal reached between Iran and the West on July 14 over the scope of Tehran’s nuclear energy program and economic sanctions against the country has grabbed headlines in the world media…
Economy
The Producer Price Index in the 12-month period ending September 22, which marks the end of summer, increased 6.6% compared to the same period of last year. Mehr News Agency also cited the…
Economy
