Economy

A new Initial Public Offering (IPO) pushed the market cap up by 600 billion rials, while the Tehran Stock Exchange’s main index (TEDPIX) slid briefly to end in red territory for the second…

New production lines for three Renault products will be set up in Iran, the auto policy council’s spokesman told Tasnim news agency on Sunday.

In a meeting between Renault Company officials…

The number of trading codes, by November 24 this year, at Iran’s equity market reached 7,760,000 – up 14.5% compared to the same day last year with 6,776,341 trading codes, said an official at…

The ongoing stagnation in the steel market is expected to worsen due to winter and China’s dumping policy, said a member of Iranian Steel Producers Association (ISPA).

More than 11.7 million tons of cement was exported during the first seven months of the current Iranian year, which started March 21, Mehr news quoted the ministry of industry, mine, and trade as…

Import statistics released by Iran’s Customs Organization for the first seven months of the current Iranian year (March 21–October 22) indicate that the value of imports has increased by 72.24…

The 7th Biennial Kish Air Show opens on November 18 on the Persian Gulf island. The 4-day exhibition is aimed at helping participants understand changes in the Iranian aviation industry,…

Non-oil exports surpassed $27 billion in the first seven months of the current Iranian year (March 21-October 23), registering a 19 percent growth compared to the same period last year, IRNA…

A positive outcome of negotiations with P5+1 will set a proper ground for the expansion of bilateral cooperation between Iran and Italy, specifically in mines and industries, Mauro Conciatori, the…

A new terminal at Shahid Rajaie port in southern province of Hormozgan has started operation on Sunady, board member of Association of Sea Development, Saeed Izadian told ILNA on Sunday. “About 70…

The latest data provided by ministry of roads and urban development shows about 51% decline in the volume of construction projects in the current Iranian year (started March 21). The real estate…

Experts from the Food and Agriculture Organization of the United Nations (FAO) ended a six-day inspection tour of agricultural projects in the southwestern province of Khuzestan on Sunday, in a…

The industrial growth rate is projected to reach 4% in the second half of the current year (September 2014-March 2015), Hossein Mehrizi, deputy minister of industry, mine, and trade stated on…

The offering of creation units by the Industries Renovation Company of Iran (IRCI) will be available in the equity market on December 1, accounting for 91,630,000 shares, with the base price of 3,…

France's largest auto maker, Renault, has begun talks with Iran's number 2 car producer Saipa, to buy "up to 20 percent" of the shares of Iran's third auto producer Pars Khodro, Trend reported…

The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) says it has advised the ministry of industry, mines, and trade to liberalize iron ore prices, reported…

Cooperation between the stock exchanges as members of the Interexchange Electronic Union (IEU) would offer them several advantages including increase in the value and volume of trade exchange,…

After the TEDPIX's broad rallies within the past 10 days, indices lost steam, wiping out part of the recent gains on the week's first trading day, failing to continue pushing the market's…

A Tehran-based company has announced they have for the first time in Iran produced British Standard BS-8300 grab bars for the use in occupational medicine and physiotherapy. The company, KTMA,…

The CEO of Bank Melli, the largest state-run commercial bank in Iran, said Saturday that the central bank is unlikely to take any measure within the next 6 months to further cut interest rates on…

The insurance industry is poised for steady, double digit growth in the near future, analysts predict. The driver of this growth will be an increase in the number of policyholders, most of whom…

The Azadi gold coin bounced off a ten-month low and advanced by 1.27 percent on Saturday, as Tehran’s market responded to the metal’s global jump on Friday.

Iran will establish overseas hubs for the export of its technological products, said the deputy of international affairs for the Vice-Presidency for Science and Technology on Saturday.  

The Ports and Maritime Organization of Iran said it would grant interest-free loans to individuals who apply to buy passenger ships, according to the director of Bushehr province’s ports authority…

The unreasonable rise in customs duties creates an opportunity for smuggling, which in turn affects the competitiveness of Iranian manufacturers due to the cheap price of imports, Masoud Karbasian…