Trade between Oman and Iran exceeded $1 billion by the end of October last year, according to Ali bin Masoud Al Sunaidy, Sultanate’s minister of commerce and industry.
Economy
Economy
Brazilian planemaker Embraer, the world’s biggest maker of regional jets, says it is optimistic that a US government led by Donald Trump will still grant it the clearances needed to sell aircraft…
Economy
The average goods and services Consumer Price Index for urban areas in the 12 months ending January 19, which marks the end of the Iranian month of Dey, increased by 8.6% compared with last year…
Economy
The 14th Trans Middle East 2017 Exhibition and Conference opened in Tehran on Tuesday. Officials, including Minister of Roads and Urban Development Abbas Akhoundi and Managing Director of…
Economy
The first startup accelerator center focused on Information and Communication Technology was inaugurated in Isfahan’s Science and Technology Town.
The accelerator known as Axell was…
Economy
Samsung Electronics’ profits leaped in the fourth quarter, it said Tuesday, despite the humiliating Galaxy Note 7 recall that hammered the reputation of the world’s largest smartphone maker.
Economy
A deal is being negotiated with South Korea’s Samsung company to use Iranian handicraft for decorating phones, said the head of the Trade and Export Bureau of Iranian Handicrafts affiliated to…
Economy
Production of video games in Iran is on the rise, growing 35% in the past 11 months, chief executive officer of Iran Computer and Video Games Foundation said Monday.
“The operations of 2000…
Economy
According to reports in the foreign media, the little flip phone is to make a comeback in 2017. According to several patent filings in the US, South Korea, Japan and China, the world’s tech…
Economy
A number of domestic insurance firms have shown interest in spinning off their life insurance operations into separate entities, said Abdolnasser Hemmati, the president of Central Insurance of…
Economy
The Iranian steel industry and its upstream sectors exported over 3.84 million tons valued at $1.56 billion of industrial materials to 20 destinations during the eight months to November 20.…
Economy
Iran’s banking relations with the world will improve by the end of the current fiscal year in March, the deputy for international affairs at the Iran Chamber of Commerce, Industries, Mines and…
Economy
In a decade, the majority of Iranian real-estate deals will take place through the Internet, the head of Tehran Association of Realtors said.
Economy
The CEO of the international advisory firm Roedl & Partner from Germany–who has just opened his Tehran office–said that after the lifting of sanctions, a more clear image of Iran is being…
Economy
Iranian banks’ lending has declined in recent months, said Parsian Bank’s chief executive who is also the head of Iranian Private Banks and Credit Institutions Association.
Economy
Mehdiabad Lead and Zinc Complex produced 594,905 tons of lead and zinc lumps during the nine months to December 20, registering a 31% rise compared with last year’s corresponding period. The…
Economy
The government has sharply reduced tariffs on the import of meat and agricultural products, including rice and sugar, to keep prices in check in the runup to the new Iranian year (starting March…
Economy
Iran’s share of the global halal market is meager, the former secretary-general of the Federation of Iranian Food Industry Associations said.
“It is estimated that Iran’s share of the $2…
Economy
Close to 4,000 people lost their jobs when Plasco, a 17-floor commercial high-rise in downtown Tehran with close to 560 production units and sales outlets producing apparel, shoes and sportswear,…
Economy
The government of President Hassan Rouhani has invested 6 trillion rials (about $156 million) on the mechanization of rice production, said an official with the Ministry of Agriculture, describing…
Economy
Japan’s Kubota Corporation introduced Diesel Motor Bakhtar Company as its exclusive representative in Iran in a meeting held with top managers of agricultural jihad organizations of Iran’s…
Economy
An Iranian exhibition opened in Oman on Monday under the patronage of Minister of Commerce and Industry Ali bin Masoud al Sunaidy and in the presence of Iranian Minister of Industries, Mining and…
Economy
Peugeot in the UK has launched an online buying site for all their models – Order Online by Peugeot – with everything from part exchange to finance.
“Order Online by Peugeot” promises to be…
Economy
The production line of a newly formed joint venture between Volkswagen and the Iranian automotive company Mammut Khodro will be launched by the end of the current Iranian fiscal year that ends in…
Economy
New details have been released about SAIPA's upcoming sedan model SP100.
The future car is being designed on SAIPA's SP1 platform and will come with an automatic gear box, electronic power…
Economy
