TEHRAN – Iran’s Capital Market Development and Stabilization Fund (CMDSF) has spent 133 trillion rials (approximately $266 million) over the past four months to support Iran’s stock market, according to Ruhollah Sharifian, head of the fund’s…
Category: 4. Business
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Tehran to host major building industry expo in late August
TEHRAN – The 25th International Building and Construction Industry Exhibition will be held from August 17 to 20 at Tehran’s Permanent International Fairgrounds, according to Bahman Abdollahi, head of the Iran Chamber of Cooperatives.
Despite…
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Govt. includes ICCIMA in currency policy committee amid economic pressures
TEHRAN – Iran’s Minister of Industry, Mining and Trade Mohammad Atabak said decisions regarding foreign currency management are now being made through a specialized committee that includes a representative from the Iran Chamber of Commerce,…
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Tax revenues up 51.7% in year to March
TEHRAN – Iran’s tax revenues rose by more than half in the calendar year to late March amid efforts by the government to diversify the economy and reduce its dependence on oil exports.
A Sunday report by the ISNA news agency said the Iranian…
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Exports to Eurasian bloc rise 22% in Q1 under free trade pact
TEHRAN – Iran’s exports to the Eurasian Economic Union (EAEU) grew by 22 percent in the first quarter of this year, reaching $532 million, according to Elham Haji Karimi, head of the secretariat for the Iran-EAEU Free Trade Agreement.
She said…
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Iran’s trade with neighbors tops $13b in spring
TEHRAN – Iran’s trade with its 15 neighboring countries exceeded $13.42 billion in the spring of the current Iranian year, according to the Islamic Republic of Iran Customs Administration (IRICA). Between March 20 and June 21, around 23 million…
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ICCIMA President Proposes Formation of Special Economic Measures Taskforce – Iran News Daily
ICCIMA President Proposes Formation of Special Economic Measures Taskforce
TEHRAN (Iran News) Speaking on July 20 during the ICCIMA board meeting, Hassanzadeh extended condolences for the recent loss of military commanders, scientists, and…
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TEDPIX gains 22,800 points on Sunday
TEHRAN- TEDPIX, the main index of the Tehran Stock Exchange (TSE), rose 22,800 points to 2.824 million on Sunday, which is the second day of the Iranian calendar week.
TSE is one of the four Iranian stock exchanges, and the most important one. The…
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RAI signs $176m railway investment agreement to upgrade passenger fleet
TEHRAN – The Islamic Republic of Iran Railways (known as RAI) signed an investment agreement worth 882 trillion rials (approximately $176 million) with Raja Rail Transportation Company and Rail Tarabar Saba Company to develop and upgrade the…
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Economy minister visits anti-money laundering exhibition
TEHRAN – Iran’s Minister of Economy and Financial Affairs Seyed Ali Madanizadeh visited the Financial Intelligence Center, and toured the country’s permanent international exhibition on combating money laundering and the financing of…
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