Week in Brief 09.03.2018
The Minister of Road and Urban Development and the Minister of Labour will go to the parliament next week. MPs have given them ten days to prepare for the interpellation. This is the third time, […]
The Minister of Road and Urban Development and the Minister of Labour will go to the parliament next week. MPs have given them ten days to prepare for the interpellation. This is the third time, […]
Although Iran does not export steel to the US, but the Iranians steel makers’ share prices were not totally indifferent toward the recent comments of Donal Trump. Iran exports 94% of its steel production; steel […]
Donya-e-Eghtesad reports the 50% decrease of foreign travels during the Nowrooz Holidays. The article writes that trips to Istanbul and Tbilisi have had 45% and 40% increases in price. A six-night-stay tour to Istanbul for […]
Shargh writes that the price of subway tickets will increase by 25% next year. Starting March 21st the price of a single-trip ticket has been set as 10,000 IRRs, suburban ticket as 15,000 IRRs and […]
Iran quotes the Chief of the Taxation Organization, Seyed Kamel Taghavinejad and writes that currently documents for the purchase and sales of currency over 5000 dollars should be sent to this organization. The law states […]
The Ministry of Health has announced that commercial insurance companies have over 10 trillion IRR debt to this ministry; 80% of which is the debt of Iran Insurance Co. Shargh quotes the Ministry spokesperson and […]
The Governor of the central bank has announced that imports will no longer be registered with the US dollar. Iran newspaper writes that until now, orders via the banking system had to be registered using […]
Housing market in big cities has been flourishing over the last few months, experiencing a maximum of 20 percent increase in prices. According to Ali Chegini, Head of Planning Department at Ministry of Economic Affairs […]
Tehran Stock Exchange experienced some rather non-exciting days over this week. The overall index, TEPIX, dropped several times and closed at 97,961 points on Wednesday afternoon, 0.2 percent less than a week ago. It is […]
Iran has become the world’s 14th largest fruit producer by annually producing 20 million tons of fruit in 2.7 million hectares of gardens. In spite of excess production, fruit is still being smuggled into the […]
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