Iran and Russia have signed a contract worth €1.2 billion on electrifying the 450-kilometer-long Garmsar-Incheh Boroun Railroad in northern Iran, announced the general manager of Northern Iran…
Economy
Economy
Close to $27.3 billion worth of non-oil goods were imported during the eight months ending November 21, according to the latest data released by Iran Customs Administration.
The top…
Economy
Iran Mercantile Exchange’s oil and petrochemical trading board witnessed the supply of 38,100 tons of bitumen by Jey Oil Refining Company, 17,035 tons of the same commodity by Pasargad Oil Company…
Economy
The Russian government has announced the preparation of a list of countries that can replace Turkey to supply goods imported by the country.
Russia has targeted Turkey’s economy with a…
Economy
Cabinets are essential pieces of furniture for storing household and office supplies with a high degree of functionality.
Economy
Tehran Stock Exchange’s main index lost 99.10 points or 0.16% to close Sunday trade at 62,310.7. More than 334 million shares valued at more than $16.09 million changed hands.
Economy
A new website that sells online tickets to local and international air destinations has been launched in Iran.
The portal, Buyticket.ir—similar to international online booking sites, aims…
Economy
Apple may be switching to AMOLED displays for the 2018 iPhones and those could either come from Samsung or JDI, depending on who you ask. But then again, even without Apple, the active-matrix…
Economy
Iran’s University of Applied Science and Technology hasbecome a full member of the UNESCO-based International Association of Universities.
Economy
Iranian physicist Ali Mirzaei has built a nanowire cage, similar to an invisibility cloak, that blocks light but allows liquids and gases to pass through.
Economy
Iran and Finland have expressed keen interest in boosting cooperation in the field of information and communications technology.
Economy
Some 18% of UK broadband households used subscription video-on-demand service Netflix in the past 30 days, according to new research from Parks Associates.
The study claims that 58% of UK…
Economy
A bank for supporting small businesses has been envisioned in the next five-year plan (2016-21), making it the first of its kind at the level of micro-finance in the country.
Economy
Excessive housing construction has locked billions of dollars that could be better used in other industries, an advisor to the minister of roads and urban development said.
Economy
A University of Tehran economist says because government moves, both in the past and those anticipated for the future, to prop up the sagging real estate market have so far failed to deliver…
Economy
The US dollar will certainly become dearer because of the country’s declining oil revenues and the growing liquidity trend, according to Mohammad Gholi Yusefi, a Tehran-based economist. He said…
Economy
To invest in the Iranian construction market, Exim Bank of Korea plans to sign loan agreements with the Central Bank of Iran and other commercial banks, and push for Korean firms’ penetration into…
Economy
Export Development Bank of Iran is ready to start joint investments with Asian Exim Banks Forum, the bank’s director said. Speaking at the forum’s meeting in Japan, Ali Salehabadi said that…
Economy
Azerbaijan’s President Ilham Aliyev has issued a decree for accelerating the construction of the Azerbaijani section of the International North-South Transport Corridor in cooperation with Iran…
Economy
The second meeting of Iran-Turkey Preferential Trade Agreement Committee was held in Ankara last week where the representatives of Iran’s Trade Promotion Organization and Turkey’s Economy Ministry…
Economy
One week after the liberalization of airplane ticket fares, deputy head of Islamic Republic of Iran Railways, Mohammad Rashedi, has announced that rail fares are to rise by 8% on average as of…
Economy
More than 2,600 tons of hand-woven carpets worth $142 million were exported from March to October, which indicate a 15% and 14% decline in volume and value respectively compared with the similar…
Economy
The slowdown in exports is partly to blame on the imposition of 9% Value Added Tax on exported commodities, whereas in other countries the rate is at 3-4%, says the head of Tax, Labor and Social…
Economy
With the cooperation of private sector, a working group has been formed with a mandate to prepare a strategic paper for the textile industry, says the director general of Textile, Apparel and…
Economy
A seminar dubbed “Strategies for attracting foreign investments and introducing regulations” was hosted by the Iranian Mines and Mining Industries Development and Renovation Organization at its…
Economy
