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Economy News

Cellphone imports up 85% in 5 months yr/yr

Cellphone imports up 85% in 5 months yr/yrTEHRAN – Iran's imports of mobile phones increased by 85 percent in the first five months of the current Iranian calendar year (March 21-August 22), as compared to the last year’s corresponding period, ISNA reported....
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Fixed income funds overtake banks in attracting people's investment

Fixed income funds overtake banks in attracting people's investmentTEHRAN- It’s over two years that stock market in Iran has been playing an outstanding role in the attraction of the people’s investment....
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‘RMTO capable of building 7,000km of rural roads a year’

‘RMTO capable of building 7,000km of rural roads a year’TEHRAN – Head of Iran Road Maintenance and Transportation Organization (RMTO) Darioush Amani has said his organization is capable of constructing 7,000 kilometers of road...
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Sepahan’s Maglobe engine oil licensed by German “Benz” Co.

Sepahan’s Maglobe engine oil licensed by German “Benz” Co.Sepahan Oil Company unveiled its latest product entitled “Maglobe” Motor Oil....
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Liquidity rises over 12.8% - Tehran Times

Liquidity rises over 12.8% - Tehran TimesTEHRAN - Iran’s liquidity reached 39. 14 quadrillion rials (about $933. 6 billion) in the first five months of the current Iranian calendar year (March 21-August 22), to ...
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Majlis gives green light to establishing Agricultural Investment and Trade Organization

Majlis gives green light to establishing Agricultural Investment and Trade OrganizationTEHRAN – Iranian Parliament (Majlis) on Tuesday approved a bill for establishing the Iranian Agricultural Investment and Trade Organization, IRNA reported....
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Auto imports not on the agenda: industry minister

Auto imports not on the agenda: industry ministerTEHRAN – Iranian Industry, Mining, and Trade Minister said on Monday that his ministry currently does not have any plans for the imports of automobiles, IRIB reported.......
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‘Macroeconomic indicators to be focused in drafting next budget bill’

‘Macroeconomic indicators to be focused in drafting next budget bill’TEHRAN - The head of Iran’s Planning and Budget Organization (PBO) has said his organization is going to target macroeconomic indicators in drafting the next fiscal year’...
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Domestic production of 2 catalysts saves Iran’s petchem sector $70m

Domestic production of 2 catalysts saves Iran’s petchem sector $70mTEHRAN- Iranian experts succeeded in indigenizing the knowledge for the production of two catalysts used in the petrochemical sector, which saves this sector $70 million....
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‘Renovation of shipping fleet a necessity for Iranian maritime trade’

‘Renovation of shipping fleet a necessity for Iranian maritime trade’TEHRAN - The Secretary of the Iranian Merchant Mariners Syndicate (IMMS) Saman Rezaei has said buying new ships and the renovation of the country’s existing maritime flee...
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Over $1b needed to improve 10 freeways across Iran

Over $1b needed to improve 10 freeways across IranTEHRAN – Iranian Deputy Transport and Urban Development Minister Kheirollah Khademi has said that 45 trillion rials (about $1. 7 billion) is needed for improving 10 major...
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Mount Damavand is the highest peak in Iran and the highest volcano in Asia.

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