Week in Brief

Iran Economy in Brief – No. 61

Arrival of new Airbus revives Iran Air Iran Air, once one of the world’s leading airlines, has turned to a loss-making company over the past decade, but the arrival of new Airbus air crafts could […]

Industries

Arrival of new Airbus revives Iran Air

The second new Airbus, purchased after the lifting of sanctions, which is an Airbus A330-243, landed in Mehrabad International Airport on Saturday morning, March 11. During sanctions, the Iranian avionics industry suffered greatly. Abbas Akhundi, […]

Industries

Tehran Chamber of Commerce in 1395

Tehran Chamber of Commerce presented a brief report on its achievements during the current Iranian year which ends on March 20. Masoud Khonsari, Head of the Tehran Chamber of Commerce, announced the reduction of bureaucratic […]

Industries

Expansion for Gondola Lift in Tochal Mountain

Tochal Recreational and Sport Complex in north of Tehran, owns one of the world’s longest gondola lifts. The operating organization plans further development and expansion. “We have planned to extend the gondola lift route from […]

Industries

VAT in Iran: a source for many civil projects

Value added tax in Iran makes almost half of the Government’s income, says Iran Tax Organization. “Since March 2016, 1700 trillion IRR or 52.5 billion dollars have been collected as VAT”, said Kamel Taghavinejad, Chairman […]

Week in Brief

Iran Economy in Brief – No. 60

Iranian Capital Market Priorities: Not Governmental Bonds The Securities and Exchange Organization (SEO) will not publish the Governments new treasury bonds. Dr. Shahpour Mohammadi the CEO of SEO referred to the comments by the head […]

Industries

More Iranian projects, more French contribution

The French Minister of Economy, Industry and Digital Affairs, announced that the ATR aircrafts are ready to be delivered to Iran. “Iran and France are preparing for long term relations. Currently negotiations are underway for […]

Week in Brief

Iran Economy in Brief – No. 59

Norouz calls for sweets: Egg price rises Every March, approaching the Iranian New Year, Norouz, the increase in demand for eggs by confectionaries causes an increase in the price of eggs across the country. This […]