The parliament has started to vet the plan of action put forward by the government aimed at bringing the economy out of recession and stimulating economic recovery, Econews reported.
Economy
Ongoing drought conditions across Iran may transform vast swathes of the country into desert, a new report has said.
Investment and holding companies are all set to help to the market liquidity, Ali Salehabadi, head of Tehran Stock Exchange said on Thursday.
State-run Shipping Corporation of India (SCI) is having a tussle with Islamic Republic of Iran Shipping Lines over valuation of a 39-year-old joint venture company that is being wound up.
Officials from Iran, Russia and Azerbaijan have agreed to complete railway projects that will eventually help connect traders across the three nations.
Rising prices of housing loans securities in the capital market have put pressure on citizens looking for a house to buy, as they need to repay more than twice the amount of the loans they receive…
The Steel Producers Association is in bargain talks with the Central Bank of Iran amid the growing burden of debts and liquidity shortage shouldered by steel firms.
Stocks’ uptick on Wednesday couldn’t compensate for the Tehran Stock Exchange benchmark’s losses in the week as the TEDPIX slipped 482 points or 0.67 percent to end a choppy week lower at 71,443,…
The 15-day deadline set by the Central Bank of Iran for commercial banks to provide it with a list of companies they own expired on Friday. Almost all commercial banks missed the deadline, ISNA…
Iran and South Korean financial managers have held negotiations to enhance cooperation and joint investments.
The negotiations took place on the sidelines of a workshop held by the Central…
Chairman of the Union of Gold, Jewelry, and Precious Stone Producers and Exporters has attributed the fluctuations in gold coin prices to their unofficial trade in the market.
Ebadollah…
The main responsibility of the capital markets is to finance large enterprises in the long run, as assumed in the new economic policies announced by the government.
A top European court on Thursday struck down restrictions imposed by the European Union against the Central Bank of Iran (CBI) on an alleged charge of circumventing US-led sanctions against Tehran…
Statistical Center of Iran (SCI) said land prices increased 17.2% in the second half of the past Iranian year – which ended March 20, 2014 – compared to the previous year. Based on SCI report, the…
Ministry of communication and information technology has held meetings with Internet Service Providers (ISPs) to discuss ways to reduce internet prices. Currently, Iranian users pay 30,000 rials…
The minister for cooperatives, labor, and social welfare said the government has plans to boost the role of cooperatives. Ali Rabeii said cooperatives were supposed to account for 25% of the…
Iranian and Italian officials in a meeting in Rome on Thursday underlined the need for the expansion of bilateral ties, especially in trade fields.
The second phase of the subsidy reform plan coincided with a rise in prices of energy-laden products and registration of households for the second term of the government’s financial support. The…
The parliament is to review and possibly make changes to certain provision of the VAT law, as business people in various sectors have opposed it.
Kish’s South Kaveh Steel Company (SKS) joined the Tehran Stock Exchange and its shares are now tradable in the secondary market. As the 488th listed company on the TSE, SKS shares are tradable in…
Various grades of bitumen from six manufacturers were sold on the export floor of Iran Mercantile Exchange on Wednesday. Elsewhere on the IME’s oil and petrochemical’s floor, additional amounts of…
The petrochemical feedstock for production units is exempt from 5 percent duty which will in turn be used for renovating pipelines.
The main index of Tehran’s over-the-counter market, Fara Bourse, ended slightly lower Wednesday as the day recorded trading of more than 115 million shares for 847,000 billion rials.
Over the past few years, Iran has never experienced a positive trade balance in the steel industry because the country has always imported more steel than it exported.
