Ferrari and Red Bull appear poised to claim a first pole position of the season at the Singapore Grand Prix after both teams easily outpaced Mercedes in the final free practice session.
Economy
Economy
Volkswagen and its Skoda brand is exploring the Iranian market, following the country’s deal with the West to end sanctions, which could cut their dependence on volatile Chinese and Brazilian…
Economy
Bentley CEO Wolfgang Duerheimer has stated that the very first Bentley Bentayga SUV has been reserved for the Queen of England as the first year’s production sells out.
Top-end Range Rovers…
Economy
Iran ranks 18th among vehicle manufacturing countries, statistics released by the International Organization of Motor Vehicle Manufacturers for the first half of 2015 said. According to the data,…
Economy
Iran is still dependent on imports to fill in the supply deficit of some key metals, but industry experts are hopeful that the country’s rich reserves offer opportunities for new discoveries and…
Economy
An Iranian economic delegation, headed by deputy minister of industries, mining and trade, Valiollah Afkhamirad, visited Serbia on Wednesday for a three-day visit aimed at expanding bilateral…
Economy
The wobbly stock market keeps putting investors on the edge, with Tehran Stock Exchange’s benchmark dipping 1,203 points or 1.9% in the week that ended September 16 to close at 62,624.
…
Economy
The Iranian government’s approach in handling soaring inflation over the past two years has divided economists over President Hassan Rouhani’s economic policies.
Economy
Iran exported 180,000 tons of pistachio worth $1.5 billion last Iranian year, which ended on March 20, 2015. Deputy minister of agricultural jihad, Jahangir Arab, made the announcement on…
Economy
Azerbaijan Republic has signaled its readiness to extend its railroad into Iran’s soil by 2 kilometers, Gilan’s provincial governor announced Wednesday. The construction of a container terminal…
Economy
Russia has lowered customs duties on imports from Iran to 3-7% from the previous average of 27% as part of its efforts to strengthen bilateral trade ties.
Economy
A senior official at the Ministry of Industries, Mining and Trade has received death threats from cigarette smugglers, in the latest twist of how the impending lifting of sanctions is exacerbating…
Economy
Iran will provide incentives in Chabahar for Afghan traders who use the port as a trade pathway, said governor general of Sistan-Baluchestan Province, Ali Osat Hashemi.
Economy
The CEO of Bank Melli says banks cannot provide facilities for housing loans because they are short of money supply. Abdol Naser Hemmati pointed to the high demand for mortgages saying, “Banks do…
Economy
To provide low-interest facilities for non-musharakah contracts banks need approval from the Management and Planning Organization and the government should compensate the difference in the two…
Economy
The minister of roads and urban development has called for the establishment of a settlement bank to resolve the problem of toxic assets, Financial Tribune’s sister news website, Eghtesad News,…
Economy
The government has projected its foreign exchange rate in the 2016-17 budget at a lower-than-expected rate. ISNA quoted an unnamed official on Friday as saying that the greenback's exchange rate…
Economy
Sukuk or Islamic bonds is a safer alternative to debt securities, an official in Securities and Exchange Organization was quoted Thursday by IRNA as saying.
Economy
The expected changes to the tax regime will lead to higher housing prices and undermine purchasing power of the masses, the director of the National Union of Builders said Friday.
Jamshid…
Economy
Students of physics at the Science and Research Branch of Islamic Azad University have designed and built an environmental pollution monitoring device. Forouzan Faghiri, one of the designers, said…
Economy
The pro-technology government of Hassan Rouhani seems to be pursuing the notion of lifting the filters from social media websites Facebook and Twitter more seriously.
According to Minister…
Economy
Under the leadership of Carly Fiorina, Hewlett-Packard sold hundreds of millions of dollars' worth of products to Iran through a foreign subsidiary, despite strict US export sanctions.
Economy
About 190,000 tons of pistachios will be produced by the end of the current Iranian year (stared March 21, 2015), announced head of Dried Fruits and Nuts Association of Iran.
Economy
Deputy head of National Saffron Council says three tons of Iranian saffron were rebranded in Afghanistan and reexported to the US and Europe under Afghan brands during the last Iranian year (ended…
Economy
The production of raisins is facing a surplus, said head of Nuts and Dry Fruit Union, Mostafa Ahmadi, blaming the glut on low domestic consumption of the dried fruit. “In general, raisins…
Economy
