Industries

Markets in Brief 23.02.2018

Tehran Stock Exchange (TSE) declined for three consecutive days from the beginning of the week. However, following the news of the upcoming offer of iron ore at Iran Mercantile Exchange (IME), the two largest iron […]

Automotive

Iranian market’s contribution in PSA’s growth

After the nuclear-related sanctions on Iran were lifted in 2016, French carmakers managed to resume their activities in the country almost immediately. This week, Reuters reported that French carmaker PSA’s (PEUP.PA) global sales jumped by […]

Automotive

AIDCO to produce electric motorcycles

The Automotive Industries Development Co (AIDCO) will start production of its electric motorcycle in two years. The production line will have a capacity of 10 thousand units per year. By the end of this year […]

Week in Brief

Iran Economy in Brief – No. 83

Iran Khodro and Mercedes-Benz Trucks sign a deal Iran Khodro Diesel, a daughter company of the leading Iranian automaker, Iran Khodro, signed a contract with Mercedes-Benz Trucks to establish a joint company in Iran. This […]

Week in Brief

Iran Economy in Brief – No.68

Everyone, everything against Tehran Municipality! The Head of the Road, Housing and Urban Development Research Center, Mohammad Shekarchizadeh, calls the construction of high-rise buildings by Tehran municipality, a violation of regulations: “In 2007, the Supreme […]

Industries

Iran Khodro replaces pick-up trucks

Fifteen thousand old pick-up trucks in the urban transportation fleet will be replaced, for which the applicant will be granted 200 million IRR ($6220) financing. Ali Fazeli, the Head of Iran’s Chamber of Trades, confirmed […]

Industries

What is private what is state owned

In Iranian constitution, the economic system of the country is divided into three categories: State owned, cooperative and private sector.   According to the Act No. 44, all big industries, foreign trade, banks, major mines, […]

Week in Brief

Iran Economy in Brief – No. 27

Inflation Rate Below 10% Inflation rate in Iran has dropped to 9.5%, announces the Center of Statistics of Iran on Tuesday. Right at the end of the presidency of Mr. Ahmadinejad in September 2013, inflation […]

Week in Brief

Iran Economy in Brief – No. 21

Decision made: car prices will increase After two years, Automobile manufacturers are allowed to increase their prices. Iran Khodro Co. can increase its prices by 1.81% and SAIPA by 0.4%. The difference is due to […]