Iran is all set to join World Trade Organization in the new climate following the conclusion of the nuclear deal, better known as the Joint Comprehensive Plan of Action, said Minister of…
Economy
Economy
German environmental lobby group DUH turned on carmaker Daimler on Wednesday, saying test results had shown nitrogen oxide emissions from one of its Mercedes diesel models far exceeded European…
Economy
Ford on Tuesday said it has given a green light to test self-driving cars in California and should have them on roads in the most populous US state next year.
Economy
General Motors plans to invest $356.4 million in three Michigan plants, part of a pact with the governor’s administration to cap the value of state business tax credits it receives.
So far…
Economy
Chinese cars made in Iran need to be repaired twice as much as the same models in China, said the CEO of Modiran Vehicle Manufacturing Company. MVM Co. is an Iranian company representing the…
Economy
Toyota is expecting to sell more than 10 million vehicles in 2016, but little changed from what it expects to sell this year. Toyota Motor Corp., the world's top-selling automaker for the last…
Economy
The government is turning to European financiers to complete infrastructure projects instead of using oil revenues that have been hammered due to the plummeting prices in international crude…
Economy
A high-ranking Swiss trade delegation is scheduled to visit Iran in February to explore new areas of economic relations with Iran, said Switzerland’s former ambassador to Iran said.
Economy
An official with the Consumers and Producers Rights Protection Organization announced as "illegal" any potential rise in rail fares and said the move has not passed through the procedure…
Economy
Bank facilities to the tune of 2,000 billion rials ($66.87 million at official exchange rate) will be offered to exporters of value-added products and engineering services, says deputy minister of…
Economy
Iran Mercantile Exchange’s oil and petrochemical trading board witnessed the supply of 49,380 tons of polymers, 45,750 tons of bitumen, 12,000 tons of heavy lube cut oil and 5,600 tons of sulfur…
Economy
Bank Maskan, the sole housing bank, has been left to its own devices when it comes to lending, said Abolghasem Rahimi Anaraki, a member of bank’s board of directors. He stressed that the lender’s…
Economy
The Central Bank of Iran has approved the extension of repayment period for home renovation loans to 10 years. Muhammad Saeid Izadi, Head of the Urban Development and Revitalization Organization (…
Economy
Iran's chief treasurer said the Ministry of Economic Affairs and Finance has issued 20 trillion rials ($547.9 million) worth of Islamic Treasury Bills in the past two months.
Economy
About 160,000 tons of clinker were exported to Egypt and Qatar in three shipments during the eight months ending November 21 from the southeastern Chabahar Port, indicating a 98% rise compared to…
Economy
Tehran Stock Exchange’s main index inched up 17.00 points or 0.03% to settle Tuesday trade at 62,233.3.
Over 376 million shares valued at more than $21.9 million changed hands to record…
Economy
December 17 marks National Transportation Day, which this year takes on a special significance as the implementation of the nuclear deal between Iran and world powers draws near.
The deal…
Economy
There is huge potential for cooperation between Iran and Oman in the mining sector, especially in terms of implementing joint projects and exchanging knowhow, said an Iranian official.
Economy
After a generally quiet 2015, bitcoin, the alternative online currency, is making waves as the year ends by reaching new price heights.
Bitcoin is north of the $400 mark, once again, for…
Economy
Iran unveiled over 20 technology plans in the 16th Exhibition of Research and Technology in Tehran on Tuesday, which was attended by Iran's Minister of Industries, Mining and Trade Mohammad Reza…
Economy
Iranian researchers from Shiraz University have developed a new method using nanostructures to produce more efficient solar cells.
Economy
Toshiba Corp. plans to cut up to 7,000 jobs, as it looks to streamline operations in the wake of an accounting scandal. Most of the 6,000-7,000 job cuts will be in the company's lifestyle segment…
Economy
Unifying exchange rates has once again emerged as a hot topic especially after the ongoing volatility in the forex market. The issue resurfaced after the US dollar crossed the psychological…
Economy
A roadmap for foreign economic cooperation has been developed and organizations in the country will soon present investment opportunities to foreign delegates, the Economy Minister Ali Tayyebnia…
Economy
Managing director of the Kish Free Zone announced it has submitted to the Money and Credit Council a proposal for establishing two off-shore banks in Kish Island off the Persian Gulf. Ali Asghar…
Economy
