Press TV

Tehran Stock Exchange index hits all-time high

The total value in the main Iranian stock exchange has reached all-time high of nearly 499,000.

Financial Markets

Iran inflation down by 1.6% in February: SCI

Data published by the Iranian government’s statistics department shows inflation has nudged down by 1.6 percent in the month ending on February 19, 2019.

Macro Economy

Iranian carmaker unveils first all-electric car

The Iran Khodro Compnay (IKCO), the largest carmaker in Iran, has unveiled a first electric car that could reach mass production in two years time.

Mine and Industry

Iranian egg producers to remove cartons to save $20 million a year

Iranian egg producers say they will remove the use of cardboard boxes from packaging to save around $20 million a year.

Agriculture and Environment

Iran’s foreign debt down by 3%: CBI

Iran managed to decrease the size of its foreign debt by around $300 million in a nine-month period ending in December last year, a new report shows.

Macro Economy

Iran, Pakistan sign agreement on customs cooperation

Iran and Pakistan have agreed to develop a mechanism for electronic exchange of bilateral trade data in a bid to curb misreporting.

Trade

CBI launches $3.7 billion credit facility for Iranian SMEs

The Central Bank of Iran (CBI) has officially launched its new scheme for helping small and medium-sized enterprises (SMEs) and other manufacturers with an initial credit worth of $3.7 billion.

Macro Economy

EASA withdraws alert for Iran overflights

A European civil aviation safety group has withdrawn its advisory for flights over the Iranian airspace in the wake of a military face-off between Iran and the United States.

Transportation

Iran issues 1,000 licenses for crypto mining

The Iranian government has issued over 1,000 licenses for cryptocurrency mining in the country where there is potential for a crypto industry worth $8.5 billion, a report says.

Financial Markets

Iran to open century-old palace to tourists

A century-old palace known for its pure Iranian architecture is set to open to the public after more than 40 years of closure.

Society Economy