Tehran Stock Exchange passed a falling week. TEDPIX, the main index, lost 1508 points, i.e. 1 percent over a week of trading. Perhaps one of its main reasons has been the falling exchange rate and […]
With rising exchange rate over the past months, people buy more local cosmetic products. Iran has the second largest cosmetics market in MENA region (Middle East and North Africa), after Saudi Arabia. Iran’s cosmetics market […]
Tehran Municipality adds 1200 urban buses to its fleet. New buses, however, are indeed second-hand vehicles. “Considering the current problems due to sanctions, the quickest way to replace our 10 to 12 years old buses […]
In order to encourage investments in renewable power plants, the government increases its buying tariffs. “We are going to increase tariffs by 30 to 40 percent during peak hours”, says Mohammad Sadeghzadeh, Head of Renewable Energy […]
After oil, petrochemical products make the majority of Iran’s export. Now with the return of the sanctions, fears of drop in export of petrochemicals increase. Iran’s petroleum Minister, Bijan Zanganeh, expresses his concerns about the […]
Tehran Stock Exchanged started the week with deep fall. Its main index, TEDPIX, fell by 3,918 points. However, the following two days turned to be extremely positive for the market and TEDPIX gained more than […]
Cigarette production in Iran has fallen by 16 percent within the first half of the Iranian year, says the Iranian Tobacco Producers and Importers Association (ITPIA). Iranian cigarette producers import up to 100 percent of […]
Iraq forbids the import of certain food and agricultural products from Iran. Eghtesad Online reports that such bans have been applied over the past few years by the Iraqi government in order to protect the […]
Recent fluctuations in exchange rate and quick changes in trade regulations have caused so much fear among computer importers in Iran that they have basically halted any activity for the moment. After big jumps in […]
Fishing sturgeon in Caspian Sea is forbidden until the end of 2019. According to Iran Fisheries Organisation, the ban started in 2010 and was supposed to continue for five years in order to give time […]
All rights reserved to Iran Economy in Brief