The intrinsic quality of capital is that it cannot afford to stop growing, as the whole process of economic reproduction is conditioned on capital accumulation.
The system depends on…
Economy
Economy
Auto distributors and ports in the United States’ southeast are scrambling to prepare for Hurricane Irma, a devastating storm that is forecast to directly hit south Florida on Sunday and move…
Economy
Iran Khodro has attended the Industrial Armenian Expo for the second consecutive year. The 17th version of the three-day event that opened on Friday in Yerevan is hosting a large number of…
Economy
Automaker Azar Ettesal based in East Azarbaijan Province has launched presales of its locally designed light-duty trucks with a relatively competitive price.
The 5.2-ton truck, dubbed ‘…
Economy
Foreign exchange rates increased in Tehran's market on Wednesday, following the Central Bank of Iran's latest regulations concerning foreign currency offered at banks to travelers.
…
Economy
As Iran pushes reforms to privatize its economy and improve the business landscape, the country's private sector is taking a more proactive approach in convincing the government to liberalize…
Economy
Tose’e Ta’avon Bank or the Cooperatives Development Bank of Iran has allocated about 30 trillion rials ($770 million) of loans throughout the country since the beginning of the current fiscal…
Economy
A comprehensive system for exchanging information on combating money laundering pertaining to Bank Melli Iran, the nation’s biggest lender, has been established by the bank with the support of…
Economy
The initial public offering of the so-called Sakhab bonds took place on Iran Fara Bourse on Wednesday after months of trading by banks. The trading symbol of “BT051” opened on IFB in the early…
Economy
Major Iranian steelmakers exported 2.64 million tons of semi-finished and finished steel products during the first five months of the current Iranian year (March 21-Aug. 22), registering a 12%…
Economy
The ongoing seasonal ban on rice imports will be in effect until Nov. 21, Deputy Agriculture Minister Yazdan Seif said, noting that the ban started as of August.
Economy
Tehran Stock Exchange’s main index lost 58.20 points or 0.07% to end Wednesday trade at 83,675.3.
About 424 million shares valued at $31.9 million changed hands for the day.
…
Economy
A new freight train service bound for the Iranian capital of Tehran was launched from Yinchuan City of northwest China's Ningxia Hui Autonomous Region on Tuesday.
Economy
Two Indian firms have signed an agreement with the Industrial Development and Renovation Organization of Iran to finance the construction of a rolling stock manufacturing company.
Economy
Alborz Province Exports Promotion Company will open a permanent exhibition in Moscow late October based on an agreement reached by an Iranian-Russian consortium headed by Russia’s Elbin Bank and…
Economy
The industrial sector generates 32% of all jobs in Iran, a report by the Iranian Parliament’s Research Center said. The subsectors of construction, food and beverages, non-metal production,…
Economy
Minister of Roads and Urban Development Abbas Akhoundi attended a meeting with Oman’s Minister of Transport and Communications Ahmed bin Mohammed bin Salem Al-Futaisi and his Qatari counterpart…
Economy
The 21st round of Tabriz International Automobile Industry and Spare Parts Trade Fair, one of the major auto events in Iran, is underway in the northwestern province of East Azarbaijan.
…
Economy
Canadian auto sales rose 6.9% in August, according to data released on Tuesday, as the industry benefited from a robust economy and rising consumer confidence. In a strong finish to the summer,…
Economy
Hurricane Harvey did for the auto industry what record profits for automakers, rising volumes for auctions and service-and-parts business had failed to do: Make Wall Street happy.
Economy
Coming off its worst economic recession and a string of corruption scandals in the highest echelons of power, Brazil is banking on a new era in its key oil industry to pull through one of the…
Economy
Governor of the Central Bank of Iran and the speaker of the National Assembly of South Africa met on Monday in Tehran, with both officials calling for expanded ties between Tehran and Pretoria…
Economy
Despite the recent buzz in the housing market, the growth in prices has so far been on a par with the inflation rate that hovers around 10%, the head of Tehran Association of Realtors announced…
Economy
Despite the recent buzz in the housing market, the growth in prices has so far been on a par with the inflation rate that hovers around 10%, the head of Tehran Association of Realtors announced…
Economy
In its most recent meeting, the Money and Credit Council, a top financial decision-making body, has ruled to raise the ceiling set for the annual turnover of rial accounts allowed for foreigners…
Economy
