Ninety-six percent of Iran’s industrial units are small- and medium-sized enterprises, the chairman of Iran’s Small Industries and Industrial Parks Organization said.
“About 1.3 million…
Economy
Economy
China’s top cyber authority said on Friday it is investigating several of China’s most popular internet platforms over breaches of cyber laws.
The investigation includes China’s most…
Economy
Alphabet’s Google canceled on Thursday a company-wide meeting scheduled to discuss the controversy over a memo opposing diversity policies, the company said, citing concerns about personal…
Economy
Major shareholders in Iran’s oldest mobile phone firm, Mobile Telecommunications Company of Iran (MCI) seem adamant in their strong opposition to a proposed merger between the company and…
Economy
Tarbiat Modarres University student Samaneh Ashnagar is working on a project to increase the effectiveness of sunscreens with the ability to release anti-cancerous substances with the help of…
Economy
Mobile Virtual Network Operator, NeginTel, working with Tabriz-based football club Tractor Sazi has released its new AzarTel-branded SIM Cards in the northwestern city.
Economy
Since the implementation of Iran’s nuclear deal with major world powers in January 2016, Bank Melli Iran has had a turnover of $20 billion, the bank’s official website announced.
Economy
A futures currency market aimed at unifying the dual foreign exchange rates will be established in the current fiscal year (March 2017-22), a senior official at the Tehran Chamber of Commerce,…
Economy
In response to criticisms directed at the Central Bank of Iran over a surge in liquidity, the bank has stressed that it has maintained order in the money market and staunched the irregular…
Economy
Bank Keshavarzi—the lender specializing in financing agribusiness—has doled out loans worth over 116 trillion rials ($3 billion) to agricultural sectors during the first tenure of President…
Economy
Iranian insurance companies have registered an 18% growth in life insurance premium incomes in the first quarter of the current Iranian year (March 21-June 21), the head of Central Insurance of…
Economy
As the summer tea harvest goes underway, 80,000 tons of fresh tea leaves worth 1.62 trillion rials ($42.5 million) have been purchased by the government from local farmers so far this year,…
Economy
More than $117 million worth of goods were exported from Iran to Iraq through the Chazzabeh Border Terminal located in Dasht-e Azadegan County’s Bostan District, Khuzestan Province, during the…
Economy
More than 3,100 tons of transit cargo were exported from Iran via Mirjaveh terminal on the border with Pakistan during the first four months of the current Iranian year (March 21-July 22),…
Economy
Sixty-six percent of the privatization deals under the government of President Hassan Rouhani were reached with the “real” private sector, compared with only 18% in the previous governments, the…
Economy
President Hassan Rouhani submitted on Tuesday the list of his new Cabinet picks to the parliament for a vote of confidence.
Among the nominees, Minister of Roads and Urban Development…
Economy
Tehran Stock Exchange’s main index gained 265.40 points or 0.33% to end Wednesday trade at 81,579.3.
About 848 million shares valued at $59.77 million changed hands for the day.
…
Economy
Major Iranian mining companies produced 112.6 million tons of different products during the first four months of the current fiscal year (March 21-July 22), registering an 8.7% growth compared…
Economy
Newland EMEA, a Dutch manufacturer of barcode scanning and mobile communication solutions, has accelerated its growth in the Middle East with the opening of a new office in Tehran, the company…
Economy
India will start shipping 35,000 containers of wheat to Afghanistan via the Iranian port of Chabahar in southeastern Sistan-Baluchestan Province within two weeks.
“In the first…
Economy
New-car registrations in Russia increased 19% in July, the fifth consecutive month of higher sales as the market emerges from a four-year slump. Registrations rose to 129,685, the Association of…
Economy
Azim Khodro, a local auto brokerage group, has unveiled one of the biggest Chinese SUVs in the market.
Called Foton Sauvana (not to be confused with the Foton Savanna), the car will be…
Economy
One main difficulty in producing foreign cars in Iran with local automotive parts is their small production numbers, according to one CEO.
Economy
With more than four months having passed from the Iranian New Year (March 20), SAIPA has yet not delivered the cars it was obliged to hand over in February.
According to local news…
Economy
After a joint meeting held by the members of Majlis Economic Commission, CEOs of state-owned banks and officials of Economy Ministry to discuss different aspects of interest rate cuts, the head…
Economy
