People who did not find time to visit Iran’s solo trade exhibition, which began at the Expo Center in Karachi on Friday, rushed to the venue on Sunday.
In fact, they were so keen to visit…
Economy
Economy
When incomes drop and family budgets decline, food choices shift toward cheaper but more energy-dense foods. The first items dropped are usually healthier foods—high-quality proteins, whole grains…
Economy
New Zealand has signed an agreement with Iran for the resumption of meat exports to the second-largest economy in the Middle East and North Africa region.
Economy
Mobarakeh Steel Company expects to sell 76% of its products during the next fiscal year (March 2017-18) in the local market.
Economy
Iran Mercantile Exchange was listed on the over-the-counter exchange Iran Fara Bourse on Sunday. Head of IFB Amir Hamouni and IME chief, Hamed Soltani-Nejad, attended the inaugural ceremony at the…
Economy
Land Rover has confirmed that its new model will be called the Range Rover Velar – and revealed that the coupe-SUV will be positioned between the Evoque and the Range Rover Sport in the line-up.…
Economy
The Ministry of Industries, Mining and Trade has released the latest data on car production during 11 months of the current fiscal year that ends in March.
In the period a total of 1,224,…
Economy
Representatives from PSA Group’s Peugeot have toured several third-party auto parts companies in the northwestern city of Tabriz recently in a bid to incorporate additional local parts makers in…
Economy
Iran Khodro Group’s (IKCO) deputy director for exports says his company plans to help modernize Kazakhstan’s taxi fleet with Iranian sedans.
“Negotiations regarding the modernizing…
Economy
Renault is set to operate independently in Iran and produce low-budget cars starting with the Kwid model according to one auto expert.
Head of Iran’s Auto Part Manufacturers…
Economy
Realtors in Tehran recorded 15,600 residential real-estate deals during the 11th month of the Iranian fiscal year (ended February 18), indicating a 4.5% drop compared with the same period of last…
Economy
The parliament convened early Sunday and passed measures on foreign finance, withdrawals from the National Development Fund of Iran, transfer of funds from the banking network to the treasury,…
Economy
Insurers' total premium income reached 229 trillion rials ($6 billion) in the Iranian year ending March 2016 to register a 75% increase compared with the same time three years ago, said the head…
Economy
Since the extension of incentives that waived the penalties for motorcyclists without insurance, there has been a 60% increase in third-party motorbike insurance, said the director of Personal…
Economy
An Azerbaijani bank will open its branch in Iran, Economy Minister Shahin Mustafayev told a press conference on the outcome of an Azerbaijani delegation’s visit to Iran. The issue was discussed…
Economy
The Iranian lead and zinc industry needs 12 trillion rials ($315.78 million) of investment for development, according to managing director of Iran Zinc Mines Development Company, Ardeshir Sa’d-…
Economy
In the current tea harvest season, the government purchased more than 139,000 tons of fresh tea leaves, worth 2.34 trillion rials (close to $62 million), from farmers, of which 31,200 tons of…
Economy
Trade between Iran and Indonesia will grow 25% to hit $1.2 billion in 2017, the Iranian chairman of Iran-Indonesia Economic Commission, Mahmoud Vaezi, predicted in a meeting with visiting…
Economy
Packaging introduces the product and protects it from the time it is produced until it’s sold.
Unfortunately, the issue has been neglected in Iran such that domestic products’ packaging can…
Economy
The government pays 60 trillion rials ($1.58 billion) in wheat subsidies annually.
It paid 12,705 rials (around 34 cents) to local farmers for each kilogram of common wheat and 13,068 rials…
Economy
Iran imported 72,000 tons of tires worth $244 million this year (March 2016-17), registering a 9% decrease in terms of weight compared to last year, the chairman of Tire Industry Association of…
Economy
Isfahan Province exported 2.6 million tons of goods worth around $1.1 billion during the 11 months of the current Iranian year (started March 20, 2016), Isfahan Customs Administration’s Director…
Economy
The Iranian Parliament on Sunday passed Iran’s general budget for the upcoming new year (March 2017-18). The lawmakers put the figure at 3.98 quadrillion rials ($104.6 billion).
The…
Economy
Mobile World Congress 2017 began in Barcelona on February 27 with dozens of new smartphones vying for media attention. LG, Sony, Huawei, and other companies will use the big event as a showcase…
Economy
Local messaging applications created by private firms which have been successful in attracting Iranian users will receive incentives from the Presidential Office for Science and Technology.
Economy
