The Second Yazd International Exhibition of Industries and Mines was inaugurated by Deputy Minister of Industries, Mining and Trade Mehdi Karbasian in Yazd Province on Thursday. Participants in…
Economy
Economy
Iran’s Kish South Kaveh Steel, otherwise known as SKS, which entered the merchant billet market at the end of 2015, intends to reach higher utilization by focusing on exports.
Economy
Buying activity was absent in the Iranian flat steel import market over the past week.
The main factor behind the halt in purchasing was the high price of foreign material, compared with…
Economy
British investment company Amedeo Resources announced on Thursday that it has acquired a 2.5% stake in Ganjine Kani Company for $500,000, a copper mining company close to the city of Mashhad in…
Economy
The government in Kazakhstan plans to force internet users to register on websites with their mobile phones if they wish to post comments, the deputy head of the communications and information…
Economy
Iran and Sri Lanka signed a memorandum of understanding to promote technological collaboration. Iran’s vice president for science and technology, Sorena Sattari, met Tuesday with Susil…
Economy
The local tech firm Media Pardazesh was announced as the official partner of Huawei for the year 2017 in Iran.
The announcement was made on Thursday at a press conference held at…
Economy
Open markets and global trade have been blamed for job losses over the last decade, but global CEOs say the real culprits are increasingly machines.
Economy
The Central Bank of Iran has published a report detailing the achievements of the country’s nuclear accord with world powers in the banking and monetary sectors, as the country marks the first…
Economy
The Central Insurance of Iran, the industry’s regulator, has held talks with more than 140 foreign insurance and reinsurance companies that sought to enter the Iranian market since the lifting of…
Economy
The Central Bank of Iran requires banks to consider Iranian companies’ joint ventures with foreigners as a single entity. The measure allows joint venture companies to apply for large loans and…
Economy
Cabinet members have made decisions regarding increasing the capital of public-sector banks, repaying the government's debts and waiving loan repayment fines in their latest meeting on Wednesday…
Economy
Small- and medium-sized enterprises have attracted $1.84 billion in foreign direct investment since President Hassan Rouhani took office in August 2013, of which $653 million have been invested…
Economy
Seventeen major global shipping lines have resumed their services to Iran since the removal of nuclear sanctions, says CEO of Ports and Maritime Organization Mohammad Saeednejad. “As a result of…
Economy
The Kenya Tea Development Agency says it has found new market for tea in Iran following the lifting of UN sanctions. According to KTDA national chairman, Peter Kanyago, the agency will continue to…
Economy
Syrian Prime Minister Imad Khamis stressed the importance of expanding ties with Iran. Arriving in Tehran at the head of a delegation on Monday, Khamis was speaking in a meeting with the head of…
Economy
Tehran Stock Exchange’s main index gained 101.80 points or 0.13% to end Wednesday trade at 79,382.2.
More than 1.3 billion shares valued at $59.7 million changed hands for the day.
…
Economy
After an Airbus A321 airliner landed in Tehran’s Mehrabad Airport on January 12, a ceremony was held to mark the occasion.
The jet is part of a total of 200 planes Iran has ordered from…
Economy
Iranian buyers now prefer locally produced flats, as their prices are more competitive compared to those of imported material. “When domestic quotes rose, we bought large volumes of imported…
Economy
Iran’s leading carmakers along with Austrian and German auto manufacturers are designing an energy-efficient vehicle.
The hitherto unnamed model is expected to be in the market in the near…
Economy
BMW said it was best for business for the UK to be in the EU single market and urged London to ensure the country retained tariff-free access to the bloc.
Economy
Car plants in Kazakhstan produced 8,397 cars in 2016 compared to 12,453 cars produced to 2015. In the last month of 2016, output reached 240 cars compared to 452 cars in November 2016 and 1,648…
Economy
The US dollar was exchanged for 38,500 rials in Tehran’s market, the Association of Bureaux de Change Operators of Iran announced, down by 800 rials or 2% compared with Monday.
Economy
Banks, reinsurers and financial institutions have a much lower appetite for risk with regard to crude oil shipping from Iran than in the pre-sanctions era and this will not change in the near…
Economy
The updated version of the Banking Reform Bill, a blueprint for undertaking major reforms in the banking sector, will at last be taken up in the parliament ‘s spring session, announced the head of…
Economy
