Total:153
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2019-09-16 15:42
By Mahnaz Abdi
Over 600 companies to attend IRAN PLAST 2019
TEHRAN- Iran’s 13th International Exhibition of Plastic, Rubber, Machinery and Equipment (IRAN PLAST) will host 570 Iranian and 35 foreign companies at the Tehran International Permanent Fairground from September 22 to 25, managing director of National Petrochemical Company (NPC) announced in a press conference on Monday.
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2019-09-06 17:32
By Mahnaz Abdi
Railway development highly dependent on private sector’s involvement
Expanded transportation via railway is today one of the major pillars of sustainable development for the countries; and it is why the governments usually allocate noticeable funds and resources to development of railway.
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2019-09-03 21:53
By Mahnaz Abdi
Private sector’s contribution to development of Shahid Rajaee Port rising
Located in Iran’s southern province of Hormozgan, Shaid Rajaee is the country’s largest and best-equipped container port.
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2019-09-02 19:24
By Mahnaz Abdi
Iran-Armenia economic ties not affected by U.S. sanctions
While the U.S. renewed sanctions on Iran are aimed at isolating the Islamic Republic both politically and economically, Iran’s relations, especially in the economic sectors, with its neighbors are seemed not to be affected by the sanctions.
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2019-09-01 17:51
By Mahnaz Abdi
Investment funds laying ground to attract more investors
Investment funds have gained high popularity among the investors over the past two decades.
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2019-08-28 18:37
By Mahnaz Abdi
Strengthened political ties, now a surging trade between Iran, Oman
According to the data released by the Islamic Republic of Iran Customs Administration (IRICA), the value of trade between Iran and Oman has increased to $870 million during the first seven months of this year from $557 million in the same period of time in the past year.
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2019-08-25 19:53
By Mahnaz Abdi
Technical, engineering services export, a privilege to boost foreign trade
According to the Association of Iranian Exporters of Technical and Engineering Services, Iran has the potential and capability to export technical and engineering services worth $25 billion in a year.
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2019-07-30 21:42
By Mahnaz Abdi
Channeling liquidity into stock market to pick up production
The statistics show that stock market in Iran is moving toward more and more development and creating better condition for entrance of more investors.
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2019-07-28 00:38
By Mahnaz Abdi
Reviving small mines on agenda
Establishment of high-capacity industrial units recently in Iran indicates the need for the supply of more minerals as feedstock for these units.
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2019-07-24 23:27
By Mahnaz Abdi
Integrated forex market to replace NIMA?
In early January, Money and Credit Council (MCC), the highest banking policy-making body of Central Bank of Iran (CBI), approved establishment of an integrated forex market as the CBI aims to explore the real volume of demand and supply in the foreign currency market through a new mechanism.
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2019-07-21 22:40
By Mahnaz Abdi
Domestic manufacturing of imported auto parts to be strengthened
TEHRAN- In mid-May, Iranian Industry, Mining and Trade Minister Reza Rahmani issued a directive on “strengthening domestic manufacturing of imported auto parts”.
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2019-07-19 19:18
By Mahnaz Abdi
Forex market stabilized, rial soaring
Forex market in Iran has been experiencing many ups and downs after the U.S. withdrew from Iran’s nuclear deal (known as JCPOA) in May 2018.
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2019-07-15 20:20
By Mahnaz Abdi
IME strengthening link between agricultural, financial markets
TEHRAN- Expanding the links between financial markets and commodity markets and strengthening the existing links between these markets is an approach Iran’s capital market has taken in recent years which has resulted in significant achievements in both commodity and exchange transactions in the country.
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2019-07-12 16:45
By Mahnaz Abdi
Ports’ vital role in combatting sanctions
While Iran is combatting the U.S. unilateral sanctions on its economy, the country’s ports as the major gates of exports and imports play some significant role in this combat. This role makes all-out support to ports and more development of them serious and vital.
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2019-07-09 18:03
By Mahnaz Abdi
Major leap in Iran’s trade with Turkey
While the U.S. unilateral sanctions against Iran have created some limitations for trade with the Western partners which led the Islamic Republic to expand economic and trade ties with its neighbors and boost non-oil exports to them, trade with the northwestern neighbor, Turkey, is growing significantly.
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2019-07-08 20:22
By Mahnaz Abdi
Sanctions, an opportunity to benefit from tax potential
Donald Trump withdrew the U.S. unilaterally from the 2015 nuclear deal between Iran and the world’s major powers (known as Joint Comprehensive Plan of Action or JCPOA) in last May and re-imposed sanctions against the Islamic Republic.
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2019-06-25 21:51
By Mahnaz Abdi
CGT for more productivity, less reliance on oil income
In order to reduce intention for investment making in non-productive sectors, many countries impose capital gains tax (CGT) which is a tax on capital gains with different rates of taxation for individuals and corporations.
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2019-06-24 19:00
By Mahnaz Abdi
Offering basic goods at IME for regulated market, flourished production
Supplying basic goods is one of the major issues on the Iranian government’s agenda in the current Iranian calendar year (started on March 21) and it is one of the focal pillars in the national budget bill for this year.
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2019-05-29 20:59
By Mahnaz Abdi
Integrated forex market to fill gaps created by NIMA
In early July 2018, Iran launched Forex Management Integrated System, locally known as NIMA, to allow the exporters of non-oil commodities to sell their foreign currency earnings to importers of consumer products.
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2019-05-25 22:29
By Mahnaz Abdi
Producers to be more supported, encouraged
The current Iranian calendar year of 1398 is named as the year of "Pickup in Production" by Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei.
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2019-05-24 21:14
By Mahnaz Abdi
CBI’s new directive on re-injection of export income requires amendment
Central Bank of Iran (CBI) unveiled a directive package on Monday which provides the country’s exporters with guidelines about how they should re-inject their foreign currency incomes into the country’s economy.
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2019-05-03 23:43
By Mahnaz Abdi
Significant annual jump for minerals production, exports
Iranian mining sector witnessed some prominent growth both in production and export during the past Iranian calendar year (ended on March 20, 2019).
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2019-05-01 20:03
By Mahnaz Abdi
NIOC selling oil at IRENEX while U.S. tightening sanctions
National Iranian Oil Company sold 70,000 barrels of heavy crude oil at Iran Energy Exchange (IRENEX) for the first time on Tuesday.
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2019-04-12 21:28
By Mahnaz Abdi
A year with positive performance for Iranian exchange markets
Based on the already released reports and data, Iran’s exchange markets witnessed fruitful performances and results in the past Iranian calendar year 1397 (ended on March 20, 2019).
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2019-03-06 17:19
By Mahnaz Abdi
Iranian capital market to experience new financial instruments
Applying new financial instruments in Iranian capital market has been a significant approach that Iran’s Securities and Exchange Organization (SEO) has adopted over the recent years to expand this market through availability of variable methods of financing.
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2019-02-25 20:26
By Mahnaz Abdi
Oil exploration projects to be handed over to private companies
Based on a memorandum of understanding signed on Sunday evening, National Iranian Oil Company (NIOC) handed over an oil exploration project to a private company for the first time.
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2019-01-23 21:27
By Mahnaz Abdi
TSE worth of trades up 62% since last March
TEHRAN- The value of trades at Tehran Stock Exchange (TSE) has risen 62 percent to 6.2 quadrillion rials (about $147.6 billion) from 3.8 quadrillion rials (about $90.9 billion) since the beginning of current Iranian calendar year (March 21, 2018), TSE Head Ali Sahraei announced in a press conference on Wednesday.
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2019-01-12 21:29
By Mahnaz Abdi
Iran’s daily gas output hits 800mcm: NIGC managing director
TEHRAN- In a press conference on Saturday, the managing director of National Iranian Gas Company (NIGC) announced that daily production of gas in the country has reached 800 million cubic meters (mcm).
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2019-01-07 21:55
By Mahnaz Abdi
International bourse in free zones under discussion
In an interview conducted by IRNA on Monday, the Secretary of Iran’s Free Zones High Council Morteza Bank announced that the council has submitted the draft bill on establishment of international bourse in the country’s free zones to the economic committee of the parliament and this committee is investigating the draft which will be then proposed to the cabinet.
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2018-12-22 20:10
By Mahnaz Abdi
‘South Pars development phases to be complete by March 2020’
TEHRAN- All development phases of Iran’s South Pars gas field, except for phase 11, will be completed by the end of the next Iranian calendar year (March 20, 2020), Mohammad Meshkinfam, the managing director of Pars Oil and Gas Company (POGC), announced in a press conference on Saturday.