Iran Economy News | Financial Tribune

  • Construction of Northwest Railroad LaunchedConstruction of Northwest Railroad LaunchedEconomy
    Construction of Hamedan-Malayer Railroad Starts

    The construction of the 75-kilometer Hamedan-Malayer Railroad in northwestern Iran was launched on Thursday in a ceremony attended by Minister of Roads and Urban Development Abbas Akhoundi.
    “…

  • IRICA, Health Ministry Sign Customs MoU IRICA, Health Ministry Sign Customs MoU Economy
    IRICA, Health Ministry Sign Customs MoU

    A memorandum of understanding has been signed between the Islamic Republic of Iran Customs Administration and the Ministry of Health and Medical Education to accelerate the process of customs…

  • Non-Oil Trade With UAE Declines Non-Oil Trade With UAE Declines Economy
    Iran’s Non-Oil Trade With UAE Declines

    Iran traded 7.63 million tons of non-oil commodities worth $4.97 billion with the UAE during the first four months of the current fiscal year (March 21-July 22), registering a 1.6% and 2.68%…

  • MPs Start Scrutinizing Banking Reform Bill MPs Start Scrutinizing Banking Reform Bill Economy
    Iranian Lawmakers Start Scrutinizing Banking Reform Bill

    Members of Majlis Economic Commission have commenced the process of reviewing articles of the Majlis motion to undertake long-awaited reforms in Iran’s banking system and bestow the central bank…

  • CBI Forex Plan to Be Unveiled on Monday CBI Forex Plan to Be Unveiled on Monday Economy
    Iran’s Forex Plan to Be Unveiled on Monday

    First Vice President Es’haq Jahangiri announced that the new foreign exchange plan, which is intended to address the recent volatility in the currency market, has been approved by the High Economic…

  • TEDPIX Edges Higher TEDPIX Edges Higher Economy
    TEDPIX Edges Higher

    Tehran Stock Exchange’s main index gained 401.50 points or 0.32% on Saturday to end trading at 124,352.8.
    About 1.95 billion shares valued at $168.86 million changed hands at TSE for the day….

  • Exchange-Listed Firms Raise $630m in 4 MonthsExchange-Listed Firms Raise $630m in 4 MonthsEconomy
    Exchange-Listed Firms Raise $630m in 4 Months

    Publicly-traded companies on Tehran Stock Exchange and Iran Fara Bourse added 27.79 trillion rials (about $630 million) to their share capitals during the first four months of the current fiscal…

  • Online Forex System for Knowledge-Based FirmsOnline Forex System for Knowledge-Based FirmsEconomy
    Online Forex System for Knowledge-Based Firms

    The Central Bank of Iran has established an exclusive online system to allocate foreign currencies at cheap government rates to innovative and knowledge-based firms in collaboration with the…

  • Ardabil Exports Earn $25m in Three MonthsArdabil Exports Earn $25m in Three MonthsEconomy
    Ardabil Exports Earn $25m in Three Months

    Some 340,000 tons of goods worth $25.3 million were exported from the northwest Ardabil Province during the first three months of the current Iranian year (March 21-June 21), indicating a rise of…

  • Bank Maskan Mulls Home Loan ProposalsBank Maskan Mulls Home Loan ProposalsEconomy
    Bank Maskan Mulls Home Loan Proposals

    Bank Maskan, the agent bank of the housing sector, is considering two proposals to sweeten a home loan offer for revitalizing the stagnant housing market and boosting demand from first-time home…

  • Garlic Exported to 10 Countries Garlic Exported to 10 Countries Economy
    Garlic Exported to 10 Countries

    Close to 1,390 tons of garlic worth $1.38 million were exported from Iran to 10 countries during the last Iranian year [March 2017-18], figures released by the Islamic Republic of Iran Customs…

  • Rice Imports Top $670m  in Four MonthsRice Imports Top $670m  in Four MonthsEconomy
    Rice Imports Top $670m in Four Months

    A total of 662,798 tons of wholly or semi-milled rice worth more than $674 million were imported into Iran during the first four months of the current Iranian year (March 21-July 22) to register a…

  • Tehran to Host Int’l Coffee Expo, Festival Tehran to Host Int’l Coffee Expo, Festival Economy
    Tehran to Host Int’l Coffee Expo, Festival

    Iran International Coffee Exhibition and Festival is scheduled to be held at Tehran Municipality’s Specialized Exhibition Center at Goftegou Park from August 19 to 22, according to the event’s…

  • Iran Stocks Experience Highest Weekly Growth Iran Stocks Experience Highest Weekly Growth Economy
    Iran Stocks Experience Highest Weekly Growth

    After weeks of tepid performance, a wave of good news regarding changes in the government’s foreign exchange policy heaved stocks to heights never seen before.
    Overall, TSE’s all-share index…

  • Iran’s 1st Iron Ore Beneficiation Plant ReadyIran’s 1st Iron Ore Beneficiation Plant ReadyEconomy
    Iran’s 1st Iron Ore Beneficiation Plant Ready

    Minister of Industries, Mining and Trade Mohammad Shariatmadari is scheduled to inaugurate Iran’s first iron ore beneficiation plant in Kerman Province on Saturday, his deputy Masoud Karbasian…

  • Money, Gold Smuggling Ring DismantledMoney, Gold Smuggling Ring DismantledEconomy
    Money, Gold Smuggling Ring Dismantled

    Iran’s intelligence forces disbanded a criminal ring on Thursday involved in foreign currency and gold smuggling. Coordinated security operations across the northwestern province of West Azarbaijan…

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