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Economy News

TEDPIX adds 5,993 points in a day

TEDPIX adds 5,993 points in a dayTEHRAN- Tehran Stock Exchange (TSE)’s main index (TEDPIX) gained 5,993 points to end Tuesday’s trade at 174,618, registering a new record, IRNA reported....
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1,900 semi-finished projects transferred to private sector in a year

1,900 semi-finished projects transferred to private sector in a yearTEHRAN- An official form the Management and Planning Organization of Iran (MPO) announced that 1,900 unfinished projects across the country were privatized during the las...
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1,900 semi-finished projects transferred to private sector in a year

1,900 semi-finished projects transferred to private sector in a yearTEHRAN- An official form the Management and Planning Organization of Iran (MPO) announced that 1,900 unfinished projects across the country were privatized during the las...
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NIDC completes digging operation of 73 oil, gas wells in 5 months

NIDC completes digging operation of 73 oil, gas wells in 5 monthsTEHRAN- National Iranian Drilling Company (NIDC) dug and completed digging operation of 73 oil and gas wells during the first five months of current Iranian calendar year...
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8GW of new power capacity needed to avoid outages: energy minister

8GW of new power capacity needed to avoid outages: energy ministerTEHRAN – Iran is going to need 8000 megawatts (MW) of new electricity capacity to prevent outages in the next summer, Tasnim news agency reported on Saturday quoting the ...
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Iran’s exports to U.S. grows 37.8% in 5 months

Iran’s exports to U.S. grows 37.8% in 5 monthsTEHRAN- During the first five months of the present Iranian calendar year (March 21-August 22, 2018), Iran’s exports to the U. reached $45. 11 million, increasing by 37. ...
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Exports from mining sector up 15%

Exports from mining sector up 15%TEHRAN - Iran’s exports of minerals rose 15 percent in the first five months of the current Iranian calendar year (March 21-August 21) compared to the same period last ye...
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Sahraie appointed new director of TSE

Sahraie appointed new director of TSETEHRAN- Board of directors at Tehran Stock Exchange appointed Ali Sahraie as the new director of TSE....
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GDP growth at 1.8% in spring

GDP growth at 1.8% in springTEHRAN- Iran's growth of gross domestic product (GDP) stood at 1. 8 percent in the first three months of the current Iranian calendar year 1397 (March 21-June 21), corres...
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Capital market unfazed by economic problems

Capital market unfazed by economic problemsTEHRAN- Tehran Stock Exchange (TSE)’s main index (TEDPIX) gained 3,058. 2 points or 1. 97% on Saturday to end trading at 158,119. 2. About 4. 16 billion shares valued at ...
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Medical herbs to fetch Iran $1.5b annually: official

Medical herbs to fetch Iran $1.5b annually: officialTEHRAN – Iran is expected to export $1. billion worth of medical herbs each year by March 2021, ISNA reported quoting an official with the Ministry of Agriculture....
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Mount Damavand is the highest peak in Iran and the highest volcano in Asia.

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