Category: Economy and markets
TEDPIX drops 9,000 points on Sunday_thumbnail

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), fell 9,000 points to 1.224 million on Sunday. Over 1.116 billion securities worth 14.709 trillion rials (about $350.2 million) were traded at the TSE on Sunday. The first market’s index fell 7,537 points and the second market’s index dropped 14,928 points. TEDPIX fell 6,000 points, […]

How govt. can really support stock market?_thumbnail

TEHRAN – Unprecedented fluctuations in the Iranian stock market over the past few months have led shareholders, experts, and scholars to call for the government to increase its support for the market, some shareholders want the government to guarantee the return of their stocks, some believe providing infrastructure is the best way to help this […]

Annual exports from West Azarbaijan rise 62%_thumbnail

TEHRAN- The value of exports from West Azarbaijan province, in the northwest of Iran, increased 62 percent during the past Iranian calendar year (ended on March 20), according to an official with the customs department of the province. Tohid Azarbod announced that commodities worth $2.997 billion were exported from the province in the past year. […]

Tehran housing market records an 85% annual growth_thumbnail

TEHRAN – The housing market in Tehran was the second-highest returning market in Iran among the country’s four major markets in the previous Iranian calendar year (ended on March 20) with 85 percent annual growth, ISNA reported. As reported, the information obtained from Kilid website (which is a major platform for housing trades) indicated that […]

Five new commercial attachés appointed_thumbnail

TEHRAN – Iran has appointed five new commercial attachés to be dispatched to the country’s major trading partners in the near future, the head of the country’s Trade Promotion Organization (TPO) announced. “Currently, the commercial attachés for China, Armenia, Oman, Azerbaijan, and Russia have been appointed and will be sent to the mentioned countries soon,” […]

Commodities worth $435m traded at IME in a week_thumbnail

TEHRAN- During the past Iranian calendar week (ended on Friday), 18,000 tons of commodities valued at $435 million were traded at the Iran Mercantile Exchange (IME), showing 36 percent and seven percent growth in value and volume of trades, respectively, as compared to its previous week. According to a report by the IME’s International Affairs […]

TEDPIX falls 9,600 points on Saturday_thumbnail

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), dropped 9,634 points to 1.233 million on Saturday, which is the first day of the Iranian calendar week. Over 1.459 billion securities worth 15.208 trillion rials (about $362 million) were traded at the TSE on Saturday. The first market’s index fell 8,752 points and the […]

Annual policy package for return of export revenues ratified_thumbnail

TEHRAN – Iran’s Supreme Council for Economic Coordination has ratified a package of provisions to clarify the regulations and procedures regarding the re-injection of non-oil export revenues earned during the Iranian calendar years of 1397-1400 (March 2018-March 2022) into the country’s economy, an official with the Trade Promotion Organization (TPO) announced. According to Ehsan Ghamari, […]

$714m earmarked to create jobs for the underprivileged_thumbnail

TEHRAN – A total budget of 30 trillion rials (nearly $714 million at the official rate of 42,000 rials) has been allocated to create 60,000 jobs for the underprivileged individuals covered by the Welfare Organization, IRNA reported on Saturday. “Our commitment last year (March 2020-March 2021) was to facilitate the employment of 56,716 people, while […]

IMF revises estimates of Iran’s reserves following CBI objection_thumbnail

TEHRAN – The International Monetary Fund (IMF) has revised its estimate of Iran’s total gross official reserves to $115 billion, following the Central Bank of Iran (CBI)’s objection about the fund’s incorrect estimates of the mentioned index. Earlier this week, CBI Governor Abdolnasser Hemmati rejected as flawed and unverified IMF’s recent data which suggested that […]

‘Iranian free zones register positive trade balance over past 2 years’_thumbnail

TEHRAN – The Secretary of Iranian Free Zones High Council Hamidreza Mo’meni said the trade balance of the country’s free and special economic zones has been positive in the past two years despite the negative balance of the country’s foreign trade. Mo’meni made the remarks in a meeting with the deputies and managers of Imam […]

Balsini: Unprecedented inflation as a result of poultry management and rent economy / causes of shortage and high prices despite the establishment of a reorganization camp!_thumbnail

The professor of economics said: “The chicken market is a symbol of serious inefficiency in the field of policy-making and management of Iran’s economy, which can be called poultry management in the economy.” Student News Agency Economic Group, Chicken rows are one of the strangest rows since the end of last year and during Nowruz, […]

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