A groundbreaking ceremony for Caspian Pharmed, an Azerbaijan-Iran pharmaceutical plant, was held in Pirallahi Industrial Park in Baku on Monday.
Azerbaijani Minister of Economy Shahin…
Economy
Economy
Toyota CEO Akio Toyoda showed off the all-new 2018 Camry and 2018 Camry Hybrid at the Detroit Motor Show this week.
The all-new 2018 Toyota Camry features surprisingly sporty styling inside…
Economy
An official with the Ministry of Industries, Mining and Trade has rejected reports published in sections of the media that Afra Motor—local representative of Volvo in Iran— has been allowed to…
Economy
An Iranian-made hybrid motorcycle was unveiled in Mashhad, Khorasan Razavi Province this week.
The motorbike has been designed and built at the science and technology park in the…
Economy
LS Automotive Co., an automotive electric part making unit of South Korea’s conglomerate LS Group, is seeking to make inroads in overseas markets with moving into markets like Iran and China.
Economy
The Central Insurance of Iran, the insurance industry’s regulator, has defined new rules over Iranian insurance firms’ cooperation with foreign assistance companies that provide services to…
Economy
Economy Minister Ali Tayyebnia said the administration of President Hassan Rouhani has come a long way to salvage the country's economy from years of inefficiency and mismanagement by implementing…
Economy
Tehran Stock Exchange’s main index rose 197.30 points or 0.25% to end Sunday trade at 79,073.5.
More than 1.9 billion shares valued at $94.3 million changed hands for the day.
…
Economy
Filipinos may soon have a taste of Iranian apples, as the government of Iran is keen on taking its produce to Philippine markets.
Iranian Ambassador to the Philippines Mohammad Tanhaei met…
Economy
The Iranian cement industry is in hot waters. It has recently been hit with the double whammy of loss of export markets and lack of domestic demand, causing producers to cut down on production…
Economy
The Iranian Privatization Organization said on Saturday it has shelved the revocation of the Telecommunications Company of Iran privatization deal because the majority shareholder of the company (…
Economy
The performance of Iran’s seven free economic zones, namely Kish, Qeshm, Chabahar, Aras, Anzali, Arvand and Maku, has recently gone under the magnifying glass.
Both the Iranian Parliament…
Economy
Heading a 20-member delegation, Chairman of Antalya Chamber of Commerce and Industry Davut Cetin held a meeting on Sunday with Secretary-General of Tehran Chamber of Commerce, Industries, Mines…
Economy
The parliament voted on Sunday to double the budget allocated to Iran’s state-owned media corporation, the Islamic Republic of Iran Broadcasting.
The decision was made as part of the…
Economy
A 12-member business delegation from Germany is planning to visit Iran on February 5-8 to seek cooperation opportunities, the management consultant and organizer of the business trip said.
Economy
An electronic signature used in Azerbaijan will be recognized in the European Union according to the spokesman of the Digital Austria platform Christian Rupp. A working group was established…
Economy
Electronic waste is rising sharply across Asia as higher incomes allow hundreds of millions of people to buy smartphones and other gadgets.
So-called e-waste in Asia has jumped 63% in five…
Economy
A SpaceX Falcon 9 rocket blasted off from California on January 15 and placed a constellation of satellites in orbit, marking the company’s first launch since a fireball engulfed a similar rocket…
Economy
Avatech, one of Iran’s biggest startup accelerators has launched its pre-accelerator program with 17 teams for the first round in 2017.
Called ‘Avacamp’, the program is designed to…
Economy
Lawmakers have passed a clause regarding Social Housing Plan, stressing that it will be launched in 2017.
Economy
Official statistics show the housing sector recently experienced a hike in prices but the increase has not been in line with inflation, which means that the sector is still in recession.
…
Economy
Bank Melli Iran announced it can now transfer money overseas for individuals, as the bank expands its international ties in the post-sanctions era.
“The customers are now able to transfer…
Economy
The Central Bank of Iran’s monthly stats show the banking system’s total lending stood at 8.48 quadrillion rials ($215.5 billion at the market exchange rate) by November 20, with private banks and…
Economy
Billet sellers from Iran are still able to find a buyer in the Persian Gulf states amid uncompetitive prices from China. At the same time, Iran’s offer levels have been kept relatively stable over…
Economy
The railroads of Iran and Azerbaijan will be connected in a month, according to Minister of Communications and Information Technology Mahmoud Vaezi.
The two country’s rail networks will…
Economy
