Iran-Europe Trade Hits Lowest Level
Iran’s exports to Europe in the first four months of 2012 have been around 262m euros and the trade between Iran and European states has hit the lowest level.
Iran Inflation Rate Reaches Highest Level in 26 Years
The Statistical Center of Iran reported in its latest monthly report on Tuesday that inflation in the 12 months ending in June this year has reached 43 percent compared to the same period last year.
TEDPIX climbs 26,000 points on Wednesday
TEDPIX, the main index of Tehran Stock Exchange (TSE), rose 26,101 points to 1.213 million on Wednesday.
Bank loans to economic sectors up nearly 47%
Iranian banking system has paid 2.74 quadrillion rials (over $65.2 billion) of facilities to domestic economic sectors in the first two months of the current Iranian calendar year (March 21-May 21), registering a 46.6-percent rise from the same period in the previous year, IRNA reported.
TSE re-elected as FEAS board member
Tehran Stock Exchange (TSE) has been elected once again as a main member of the Board of Directors at the Federation of Euro-Asian Stock Exchanges (FEAS), IRNA reported.
Can CGT increase homebuyers’ purchasing power?
During an open session of the parliament on May 26, the Iranian MPs approved the general outline of capital gains tax (CGT) plan.
Water, electricity projects worth nearly $215m inaugurated in 8 provinces
Iranian Energy Minister Reza Ardakanian on Wednesday inaugurated 24 major water and electricity industry projects valued at 9.028 trillion rials (about $214.9 million) through video conference in eight provinces.
Ira Has No Rival for Construction of House in Syria
Iranian Deputy Minister for Roads and Urban Development says Iran has no serious rival for construction of houses in Syria, as the country can take advantage of this opportunity in Syria.
Manufacturing of washing machine rises 41%
Manufacturing of washing machine in Iran during the first two months of the current Iranian calendar year (March 21- May 21) has risen 41 percent from that of the same period of time in the previous year, IRNA reported citing the data released by the Ministry of Industry, Mining and Trade.
Production of copper cathode up 16% in 2 months yr/yr
Iran’s production of the copper cathode has increased 16 percent during the first two months of the current Iranian calendar year (March 21-May 21), as compared to the same period of time in the past year.