Iran Fara Bourse’s main index, IFX, extended its downtrend, and ticked down 6.1 points or 0.86 percent to catch up with Tehran Stock Exchange and end at 702.71 at Sunday’s close. More than 66…
Economy
Researchers at Ilam University, in western Iran, have designed a biosensor that diagnoses even the smallest levels of cocaine in blood in a matter of minutes, ISNA reported on Saturday. Mahmoud…
Apple's plans for 2015 will be laid bare on Monday evening, as the world's most valuable company is set to showcase software updates for the iPhone, iPad and its Mac computer lineup, and introduce…
American businessmen are scouring Iran for businesses to buy and deals to scoop in anticipation of the lifting of economic sanctions against Iran and its opening to foreign business. They are…
A parliament member expressed concern over banks’ speculative activities, as they use over half of their money to run non-banking businesses, putting depositor’s savings at risk. This exceeds the…
The National Petrochemical Company is in talks with the Securities and Exchange Organization to set up an investment fund, NPC's vice president said on Saturday, as the industry looks to expand…
The government and the central bank have “no obligations” to protect Mizan Credit Institution or its depositors, Central Bank of Iran Deputy Governor Akbar Komijani told Eghtesad News on Saturday…
The Turkish holding company Yildirim has offered to invest in ferrochrome mining projects in Iran, announced the ministry of industry, mine and trade.
A new project in the western province of Hamedan is aimed at producing paper from lime, head of the provincial industry, mine, and trade organization, Hamidreza Matin, told Mehr News Agency.
Despite being home to a wide range of decorative stones, Iran holds a meager share of the global market, due partly to poor marketing, unavailability of well-known brands and export barriers,…
Tohid Tasoujian is a co-founder of online fashion store Taxi Moda and one of a growing breed of Internet entrepreneurs in sanctions-hit Iran.
Stocks at the equity market are getting thrashed with low trade volume and value, underscoring the unsettled state of investors amid the economic woes.
Saturday trading at Tehran Stock…
About 6,000 tons of unshelled pistachios worth $48 million were exported during the second Iranian month of Ordibehesht (ended May 21), which indicates a 19-fold increase in terms of volume and 18…
Cumbersome regulations and bureaucratic procedures are the main stumbling block to trade with Iraqi Kurdistan, governor of Iran’s western Kurdestan Province, Abdol-Mohammad Zahedi, said on Monday…
More than 200,000 tons of goods valued at $21.7 million were exported via the western Hamedan Province in the first two month of the current Iranian year (started March 21), Mehr News Agency…
The construction of two new terminals in Imam Khomeini International Airport (IKIA) over the next three years is expected to increase the annual passenger handling capacity to 30 million from the…
Despite the government’s endeavors over the past years to reduce dependence on oil by boosting tax revenues, taxes have not yet become a tool to contain social and income inequality.
Last…
An updated guideline for vehicle audit techniques has officially been communicated to local auto manufacturers and Iran's Standard and Quality Inspection Association, ISNA reported on Saturday.
As South Korean automaker Ssangyong considers a Jeep Wrangler rival as a launching point for gaining a foothold in the US, Chinese automaker BAIC already has a Wrangler competitor in its lineup,…
What the automotive landscape will look like in 2030 and beyond is a mystery—but that does not mean designers are not thinking about it.
The Iranian Mines and Mining Industries Development and Renovation Organization and its affiliated companies have invested more than 16.3 trillion rials ($563 million at official exchange rate) to…
Based on a memorandum of understanding (MoU) between the Ministry of Roads And Urban Development and Imam Reza Mehr Fund along with Cooperative Investment Guarantee Fund, 1.2 trillion rials ($41…
The National Iranian Oil Company will sell bonds to finance its projects, said its chief executive on Tuesday.
To finance expansion plans in the oil industry, 50 trillion rials ($1.7…
The Iranian government will issue Islamic bonds in the near future to help repay its debt to banks, Ali Akbar Komijani, deputy governor of the Central Bank of Iran, said on Friday.
Pundits and economic officials, who convened for the second and the final day of the 25th annual Conference on Monetary and Exchange Rate Policies in Tehran, made a last-ditch effort to voice…
