The Majlis Economic Commission has put in motion three plans to improve the country’s economic conditions, all of which concern the ailing banking system and will materialize in a matter of…
Economy
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A high-level Iranian economic delegation met with top executives of Bank Sohar, Oman’s fourth largest bank by assets, in Muscat on Thursday to explore ways to step up bilateral ties. The meeting…
EconomyTehran Stock Exchange’s main index gained 203.39 points or 0.18% on Saturday to end trading at 111,528.2.
About 1.19 billion shares valued at $70.44 million changed hands at TSE for the…
EconomyThe three group-stage matches of Iran’s national football team, known as Team Melli, against Morocco, Spain and Portugal in 2018 FIFA World Cup Russia.
Iran’s world cup matches attracted…
EconomyIran’s non-oil trade with Persian Gulf littoral states, namely the UAE, Iraq, Kuwait, Qatar, Bahrain and Saudi Arabia, amounted to $23.89 billion in the last Iranian year (ended March 20, 2018…
EconomyThe average Producer Price Index in the 12 months ending June 21, which marks the end of the Iranian month of Khordad, increased by 12% compared with last year’s corresponding period, the latest…
EconomyUS Ambassador to the United Nations Nikki Haley on June 27 told India’s Prime Minister Narendra Modi that Washington would back his country’s plan to develop the Iranian seaport of Chabahar to…
EconomyGiven the recent fluctuations in the auto market as the US prepares to reimpose sanctions against Iran, various executive entities in the country have outlined plans to undo a portion of the…
EconomyGeneral Motors Co warned on Friday that higher tariffs on imported vehicles under consideration by the Trump administration could cost jobs and lead to “a smaller GM” while isolating US…
EconomyThe government and the Central Bank of Iran have made good progress and will soon implement a previously-announced and much-anticipated multilateral debt swap agreement that will see the…
EconomyRatings agency Capital Intelligence Ratings (CI Ratings) says in a recent report on Iran’s insurance industry that growth in premiums has looked strong in the nominal view in recent years, but…
EconomyBased on a joint scheme launched by the Security and Exchange Organization and the Central Bank of Iran, gold coin presale bonds can be traded in the bourse from Sunday, which can also be sold…
EconomyFormer Bank Melli CEO and president of Central Insurance of Iran, Abdolnasser Hemmati, chaired a board of directors’ meeting of Asian Reinsurance Corporation in Bangkok, Thailand, on Friday.…
EconomyMore than 137,580 tons of fish and seafood products worth $507 million were exported from Iran during the last fiscal year (March 2017-18), showing a rise of 24% and 22% in weight and value…
EconomyThe Trump administration on Wednesday began dismantling the sanctions relief that was granted to Iran under the 2015 nuclear deal, a step that follows US President Donald Trump’s withdrawal from…
EconomyMore than 850 tons of insecticides worth around $5 million were imported into Iran during the last fiscal year (March 2017-18), Mizan Online cited data from the Islamic Republic of Iran Customs…
EconomyIran and Belarus signed a memorandum of understanding for industrial cooperation during the second meeting of their joint industrial working group in Minsk early Friday.
EconomyUzbekistan’s Minister of Foreign Trade Jamshid Khodjaev and President of the Organization for Investment, Economic and Technical Assistance of Iran Mohammad Khazaei have agreed to establish a…
EconomyA trade delegation from Iran on Wednesday visited Oman’s Chamber of Commerce and Industry, and discussed with them means of enhancing Omani- Iranian relations in industrial, investment and…
EconomyAfter nine consecutive days of growth, stocks pulled the breaks last week and price corrections ensued.
EconomyA pulp and paper processing factory in Aliabad-e Katul in the northeastern province of Golestan was launched on Thursday.
EconomyChinese enterprises will not pull out of Iran after US sanctions kick in, but they may face a tough business environment due to pressure from the US, Chinese analysts said following reports that…
EconomyIf India believed that just like the first round of Iran sanctions, it could negotiate a softer deal with the US, those hopes were dashed.
EconomyCustomers from the Middle East continued to show interest in Iranian billet despite the high likelihood of United States sanctions, with several cargoes booked over the past week.
The (…
EconomyChinese telecoms giant ZTE Corp is expected to announce a radical management overhaul following a shareholder meeting on Friday, in line with conditions laid out in a $1.4 billion settlement…
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