Week in Brief

Week in Brief 18.01.2019

Iran has exported 4.5 billion USD of foods and agricultural goods over the first 8 months of the current Iranian year. This figure shows 7% growth with respect to the same period a year ago. […]

Agriculture

Sugar beet cultivation drops 70%

Sugar beet production is expected to drop for the next year, as less farmers are interested to cultivate this product. In 2016, sugar was categorized as “strategic goods” and therefore the government planned to reach […]

National News Review

Week in Brief 11.01.2019

Traveling abroad becomes more and more expensive for Iranians. Rising exchange rate has pushed down the number of foreign trips in Iran by 50 percent, claims the Travel Agencies Association of Iran (TAAI). While previously […]

Markets in Brief

Markets in Brief 14.12.2018

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 […]

Week in Brief

Week in Brief 14.12.2018

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 […]

Energy

Tehran Municipality buys 1200 new buses

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 […]

Industries

Iran’s export might drop?

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 […]

Markets in Brief

Markets in Brief 07.12.2018

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 […]

Week in Brief

Week in Brief 07.12.2018

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 […]