The value of Tehran Stock Exchange-listed industrial and mining companies plummeted as much as 80% in the eight months ending November 21, announced a deputy minister of industries, mining and…
Economy
Economy
Pistachio accounts for 10% of Iran’s non-oil exports, a board member of National Institute of Generic Engineering and Biotechnology said. Seyyed Mehdi Seyyedi added that Iran was the world’s top…
Economy
Exports by cooperatives in the seven months ending October 22 stood at $1.3 billion, according to deputy minister of cooperatives, labor and social affairs, Hamid Kalantari. The cooperatives…
Economy
Algeria’s Prime Minister Abdelmalek Sellal underlined the need to step up efforts to boost economic cooperation with Iran.
Economy
Japan is preparing to sign an investment deal with Iran in January. A Japanese government official told NHK that the two sides are now at the final stage of working out the details of the…
Economy
German engineering trade group VDMA said it planned to open an office in Tehran in the first half of 2016 to help companies sell machinery.
“Embargo products are very specific products. Our…
Economy
Iran is among the last markets that are still effectively closed to foreign investors. It is, however, by far the biggest and the most interesting one.
Economy
2015 has been a good year for Chinese tech giant Xiaomi.
The Chinese tech maker's success has skyrocketed with the launch of some of the best smartphones in market to releasing Mi Pad 2…
Economy
Apple and China's UnionPay have announced a partnership to bring Apple Pay to China.
China's UnionPay cardholders will be able to easily add their bank cards to Apple Pay on iPhone, Apple…
Economy
The United States is set to pass a bill named the “9/11 Health and Compensation Act” and IT companies across Asia are now protesting against the new anti-foreigner move.
Economy
Irancell unveiled its latest machine-to-machine services for commercial use last week.
According to a company press release, the new service has been launched to digitize services in the…
Economy
A Japanese state-backed fund has emerged as the most likely investor in Sharp Corp. with plans to overhaul the company's broad consumer electronics business, not just its ailing smartphone display…
Economy
Developing a roadmap for Islamic banking is a necessity due to the challenges facing the country's banking sector, said Valiollah Seif, governor of the Central Bank of Iran. The plan can also help…
Economy
The housing market is likely to pick up in the spring of 2016 after parliamentary elections, Head of Tehran Association of Realtors said.
It is, however, expected to remain stable up until…
Economy
The Ministry of Sports and Youth intends to launch a specialized bank for organizing transactions related to ministerial affairs. The proposed bank would handle sports clubs and federations’…
Economy
Bank Saderat is financing the development of Siraf Methanol Company in Pars Special Economic Energy Zone, Bushehr Province. The bank has allocated $630 million to Siraf Methanol Company in line…
Economy
The Central Bank of Iran has approved the launch of a foreign exchange derivatives market, the bank’s deputy for foreign exchange affairs said on Wednesday.
“CBI has readied a plan for…
Economy
After getting a fresh mandate, the Social Housing Scheme has launched another phase of its program to provide 25,000 low-cost housing units each year.
Economy
Iran Mercantile Exchange’s export trading board on Wednesday witnessed the supply of 55,000 tons of granulated iron ore, 6,000 tons of sulfur lumps, 5,000 tons of granulated sulfur, 89,500 tons of…
Economy
The Italian Ministry of Foreign Affairs, Farnesina, hosted a roundtable on Iran's infrastructures in cooperation with the national association of developers (ANCE) and Agenzia ICE, the Italian…
Economy
Increasing oil revenues have for long sidelined the need for Iran to develop a modern taxation system.
Economy Minister Ali Tayyebnia made the statement while addressing the Ninth Monetary…
Economy
Tehran Stock Exchange’s all-share index TEDPIX slipped by 86.00 points or 0.14% to reach 62,147.3 by Wednesday’s close.
More than 416 million shares changed hands valued at over $22.6…
Economy
The 4th Furniture and Decor Exhibition opened on Tuesday in Tehran and will run through December 19. More than 200 companies are participating in the event, which is offering their products at a…
Economy
The government has banned the import of bulbs, buds and foliage of all types of plants from Southeast Asian countries, including China, Hong Kong, Brunei, Cambodia, Indonesia, Laos, Malaysia,…
Economy
Two new border crossings will be established on the Iran-Iraq border in the near future, according to Iraq’s Ministry of Interior. The two new border crossings include one in Ali Al-Gharbi…
Economy
