Nissan Motor Co., aiming to work with companies from Silicon Valley and emerge a leader in next-generation mobility, is forming a 300-person in-house startup division with French partner Renault…
Economy
Economy
Iran’s largest auto manufacturer, Iran Khodro Company (IKCO), exported 300 Dena models to Algeria last month.
The shipment follows a previous report about IKCO signing a contract with an…
Economy
The price of the much-delayed DongFeng C30 Cross, produced by Iran Khodro, has been announced and some car buyers are going to be in for a shock. The crossover was initially determined to arrive…
Economy
As Iranian banks struggle to improve their capital adequacy ratio and conform to international standards, the deputy director of the Money and Capital Market Commission in Tehran Chamber of…
Economy
Foreign exchange rates are real in the market and are rising at a slow pace, says Valiollah Seif, governor of the central bank following the recent swings in the foreign exchange market.…
Economy
In a letter to President Hassan Rouhani, the governor of the Central Bank of Iran has formally asked for the government to repay its debt to the CBI. Valiollah Seif reportedly made the request in…
Economy
The third United Nations Conference on Housing and Sustainable Urban Development, known as Habitat III opened on Monday with more than 45,000 mayors, ministers, policymakers, and urban planners in…
Economy
Managing Director of Ports and Maritime Organization of Iran Mohammad Saeed-Nejad said the government earns $16-17 billion from marine industry every year. “Latest figures show the marine economy…
Economy
Esfahan Steel Company has launched its long-delayed rail manufacturing line, as many criticize the government for the import of rail tracks over perceived damage to the fledgling homegrown…
Economy
Khouzestan Steel Company, the largest Iranian semis producer, keeps enhancing its positions in the Far Eastern slab market.
Over the past few weeks, the supplier has managed to sign several…
Economy
Tehran Stock Exchange’s main index gained 142.30 points or 0.18% to end Tuesday trade at 77,849.5.
More than 858 million shares valued at $60.5 million changed hands for the day.
…
Economy
With the first development phase of Kish South Kaveh Steel Company going on stream, domestic crude steel production capacity has reached 31 million tons per annum, Minister of Industries, Mining…
Economy
German Transport Minister Alexander Dobrindt will travel to Iran with a trade delegation on Friday to meet Abbas Akhoundi and Mohammad Reza Nematzadeh, Iranian ministers of roads and industries…
Economy
The International Exhibition and Convention Center of Anzali Free Zone in the northern Gilan Province is hosting the First Exhibition of Livestock, Poultry, Aquaculture, Dairy Products,…
Economy
Iran Shipbuilding and Offshore Industries Complex delivered the new Iran-Kashan container ship to the Islamic Republic of Iran Shipping Lines in Bandar Abbas on Tuesday. The vessel, which travels…
Economy
Tehran hosts a meeting of customs directors from the Economic Cooperation Organization on Wednesday, which will discuss ways of promoting cooperation, facilitating trade and fighting smuggling.
Economy
Iran exported 4.3 million tons of non-oil goods worth $1.4 billion to India during the first half of the current Iranian year (started March 20), registering a 5% increase over the similar period…
Economy
The 18th Marine Industries Conference and Iran International Maritime and Offshore Technologies Exhibition, otherwise known as IRANIMEX 2016, opened in Kish Free Trade Zone on Tuesday.
Economy
Iran and Azerbaijan plan to launch a joint website to sell the products of both countries, Iran’s telecoms minister said on October 17. Iran’s Minister of Communications and Information Technology…
Economy
While Samsung may be going through one of the worst public relations disasters its mobile division has had, Apple will most likely cash in on the situation.
Samsung has cancelled all…
Economy
Tehran’s Milad Tower hosted Iran’s first conference on 5G on October 17 with industry professionals and international experts in attendance.
Iran’s mobile communications market is growing…
Economy
Iran has a total of 2,715 knowledge-based businesses, 239 of which are industrial companies, said an official affiliated with the Ministry of Industries, Mining and Trade.
According to…
Economy
Luxemburg banks are welcome to establish branches in Iran, as it would help two-way commercial relations, said Valiollah Seif, Central Bank of Iran governor, during a meeting with Etienne …
Economy
The past week saw Iran’s diplomatic outreach bear fruit. Long sessions of political horse-trading that led to the nuclear agreement and in effect spared a volatile region the dangers of…
Economy
The Central Bank of Iran has come up with a slew of measures to reduce the mountain of non-performing loans. The proposals, as part of the banking overhaul plan, would also help curb future growth…
Economy
