Iran Khodro Company, Iran's largest auto manufacturer, has started the production of Haima S7. According to Eghtesad News, 40% of the Chinese SUV's parts will be produced locally. IKCO plans to…
Economy
Economy
The market for Iran-produced cars is changing rapidly in its northern Caspian Sea neighbor, Azerbaijan.
In a report published in Baku's Trend News Agency this week, auto experts from the…
Economy
Iran's Customs Administration has announced a 55% drop in car imports during the first four months of the current Iranian year (started March 21).
Economy
According to the latest statistics released by the central bank’s Office for Economic Policies on the housing market in Tehran, the number of home deals dropped by 25.1% and 16.5% over the month…
Economy
A report said the Central Bank of Iran plans to adopt a quantitative easing policy to get banks on track, but the bank itself has not yet released any details on the mechanism it may apply to…
Economy
Competition in the Iranian financial industry is rising. Financial institutions are battling over existing territory and opening new frontiers. Anyone who falls behind will be left in the dirt and…
Economy
Unlicensed bureaux de change are in hot water as countdown to their deadline—Aug. 19—to obtain a permit from the Central Bank of Iran approaches.
The uncertified bureaux de change had in…
Economy
After a seven-year hiatus, exports of pomegranates will resume as of late September, said the deputy manager of Fruit Exporters and Importers’ Union. “In the last seven years, pomegranate trees…
Economy
As Iran’s Civil Aviation Organization says it is planning to negotiate with Russia for the purchase of aircraft to upgrade the country’s ageing air fleet, the high number of Russian airplane…
Economy
In a meeting with the head of Iran Chamber of Commerce, Industries, Mines and Agriculture, Mohsen Jalalpour, the board of directors of the chambers of Germany, Italy, Switzerland, France and…
Economy
Deputy minister of Roads and Urban Development Amir Amini has unveiled a mega highway project to connect Iran with 25 border cities in neighboring countries.
Economy
The Prime Minister of Armenia, Hovik Abrahamyan, had a telephone conversation with First Vice President of Iran, Es’haq Jahangiri on Saturday. The interlocutors conferred on several matters that…
Economy
More than 494,000 tons of goods worth $345 million were exported from Isfahan Province mainly to Iraq, Afghanistan, Pakistan, Turkmenistan and the United Arab Emirates during the first four months…
Economy
Iran Privatization Organization is expected to generate some $546 million by transferring 120 government-owned companies to the private sector by the end of the current Iranian year on March 19,…
Economy
Following an extended downbeat performance by the capital market which has been lingering for more than a year and causing severe losses to both retail and institutional investors, President…
Economy
Deputy head of Geology and Mineral Explorations Organization, Behrouz Borna, believes an appropriate price setting for mineral products by the government or the stock market could help mitigate…
Economy
More than 80,000 tons of marble were extracted in the city of Khoy in West Azarbaijan Province in the first four months of the current Iranian year (started March 21), of which about 50,000 tons…
Economy
The prospect of Australia exporting live sheep to Iran finally getting off the ground was given a boost last week with Aussie Agriculture and Food Minister Ken Baston meeting with Iran’s…
Economy
Iran Fara Bourse’s benchmark retreated 3.17 points or 0.17% to close at 778.35 on Sunday. As IFB reported, about 101 million securities traded valued at around $12 million.
Iranian…
Economy
Tehran Stock Exchange’s overall index dropped on Sunday amid downbeat performance of 64% of listed companies, including companies with the highest market cap.
TEDPIX snapped a three-day…
Economy
Researchers have established a DNA database for workers doing hazardous jobs, the head of Iran’s Nour Research Center on Genetics, Mohammad Tavallaei, said. According to Tavallaei, a database…
Economy
An Iranian researcher has devised a new method by which polyester fabrics can be dyed more efficiently through “plasma surface activation”.
Economy
A US-based company has been fined $82,260 by the US’ Office of Foreign Assets Control for violating sanctions imposed on Iran.
In the latest OFAC release, Massachusetts-based Blue Robin,…
Economy
Farhad Nili, president of the Monetary and Banking Research Institute, has been appointed as the representative of the Central Bank of Iran to World Bank.
CBI's Governor Valiollah Seif…
Economy
The Central Bank of Iran urged all credit institutions and commercial banks in a new decree to allocate at least a quarter of their total resources to the agricultural sector, natural resources…
Economy
