French automaker Renault exported 13,449 cars to Iran in January marking a significant rise in the firm's vehicles in the burgeoning local automotive market.
The new figures indicate a…
Economy
Economy
Hyundai Motors unveiled an all-new Sonata sedan model in the country’s capital on March 7 according to a local automotive blog website.
The Sonata 2018 builds on the body of the previous…
Economy
According to a directive issued by the Cabinet, Economy Minister Ali Tayyebnia has been authorized, on behalf of the government, to guarantee the repayment of the principal amount plus the…
Economy
The research arm of the Iranian Parliament has called on two organizations in charge of publishing economic data to work more closely and form a joint committee to curb actions that could erode…
Economy
Following news that Iran's assets in Luxembourg have been frozen by a court, a senior Iranian official said on Tuesday lawyers with the Central Bank of Iran are currently consulting Luxembourg…
Economy
An Iranian-European bank will be established with three Iranian and four European members serving on the management board, said a senior banking director.
Economy
One of the main issues on the agenda of Azerbaijani President Ilham Aliyev’s visit to Iran, which ended on March 5, was the project of the International North-South Transport Corridor, which is…
Economy
Water crisis, environmental woes, crumbling pension funds, banking troubles, budget deficit and unemployment are six major challenges of Iran’s economy, the senior economic advisor to President…
Economy
With 5 trillion rials (over $133 million) worth of investment, Iran’s apparel industry has the potential of creating 370,000 jobs, a deputy minister of cooperatives, labor and social welfare said…
Economy
Mammut Industrial Group has replaced 350 aging cargo trucks with new ones over the past month, as part of an agreement to renovate a total of 5,000 trucks.
“This indicates that Mammut has…
Economy
Based on figures released by Iran’s Road Maintenance and Transportation Organization, Shahid Rajaei Port in the city of Bandar Abbas in the southern province of Hormozgan accounted for 39% (more…
Economy
At present, strategic reserves of staple foods in Iran are sufficient to meet domestic demand, a deputy agriculture minister said.
Economy
One of Iran’s largest pellet-making projects is currently in the final phase of construction in the northwestern Khorasan Razavi Province and will start production in the early days of the next…
Economy
Tehran Stock Exchange’s main index inched up 10.70 points or 0.01% to end Tuesday trade at 76,800.4.
More than 1.5 billion shares valued at $91 million changed hands for the day.
…
Economy
The PC market has seen a few years of declining sales, leading some pundits to predict that Apple’s “post-PC” world was underway. The iPad’s initially strong sales seemed to confirm the idea that…
Economy
President Donald Trump’s revised immigration travel ban still is not resonating in Silicon Valley’s CEOs who rely on tech workers from Iran and other countries to keep their business afloat.
Economy
Iran’s Communication Regulatory Authority (CRA) has released results of a survey on users' opinion of Iranian Internet Service Providers (ISPs).
According to the report published by the…
Economy
The upcoming edition of Iran’s International Exhibition of Electronics, Computer and E-Commerce (ELECOMP) will be held July 21-24 at Tehran’s International Fairgrounds. The previous rounds of the…
Economy
A 5% economic growth is predicted for the next Iranian year (starting March 21) and since oil and agriculture sectors have already developed, in order to reach the aforementioned growth, housing…
Economy
A senior official of the Central Bank of Iran outlined past and future measures of President Hassan Rouhani's government in line with the implementation of Resistance Economy principles and the…
Economy
More than 50% of many banks’ income are generated through penalty fees while this way of allocating loans will amount to a compound interest, said a member of Iran Chamber of Commerce, Industries…
Economy
The Office of Foreign Assets Control affiliated with the US Treasury Department has allowed American citizens to open accounts in Iranian banks, said the Central Bank of Iran’s deputy for foreign…
Economy
The government has not stopped reviewing the two banking reform bills, said the vice governor of the Central Bank of Iran rejecting earlier claims about the bills being returned to the CBI.
…Economy
Legislators on Sunday extended the enforcement of value added tax for the upcoming fiscal year (starting March 21) and dropped the newly-proposed article narrowing the tax base to the final…
Economy
The Islamic Republic of Iran Customs Administration has announced that all pets leaving or entering the country now require permits from Iran Veterinary Organization. “It will be possible to…
Economy
