The exploration of the second iodine-rich zone in Golestan has concluded with the discovery of 1,288 tons of proven reserves, announced the head of the northern province’s Industries, Mining and…
Economy
Economy
The lifting of sanctions will take at least three to five years to have a positive impact on Iran’s mining sector growth.
The most immediate impact will be a rise in the country’s steel…
Economy
The upcoming year will likely be pivotal for Iran, as it slowly reenters the international economy.
Having reached an agreement on its nuclear program in July 2015 with the P5+1 states (the…
Economy
Trade Promotion Organization of Iran has issued a permit allowing Iran’s Customs Administration to import 106 special cars for disabled people.
The permit has been issued upon the request…
Economy
Fiat Chrysler Automobiles has agreed to pay $70 million in fines to resolve a US investigation that it failed to disclose vehicle crash death and injury reports.
Economy
Lada has introduced a brand new crossover called XRAY in its home country of Russia.
XRAY signals the company’s intent to ditch its ultra-low-cost image and move up a notch on the market.…
Economy
Faraday Future, the new electric-vehicle company backed by Chinese billionaire Jia Yueting, has chosen Nevada for the company’s planned $1 billion US factory.
“We hope to bring our $1…
Economy
A memorandum of understanding on cooperation in research projects on flowers and ornamental plants was signed between the Netherland’s Wageningen University and Research Center and Iran’s…
Economy
The 14th round of Iran-Serbia Economic Commission began in Tehran on Tuesday.
Economy
India is hopeful of boosting exports to the high–value Iranian tea market following the just-concluded visit of an Iranian team, which included officials from the Institute of Standards and…
Economy
As the largest untapped market with a very young population, the lifting of sanctions will give rise to a host of new opportunities for foreign businesses with a prior presence in Iran as well as…
Economy
Despite the slowdown in the Iranian construction industry, laminate flooring or floating wood tile has remained popular among consumers, thanks to its look of hardwood or stone flooring, ease of…
Economy
The government intends to eliminate the requirement for entrepreneurs to submit police clearance in the not-too-distant future, announced Justice Minister Mostafa Pourmohammadi on Tuesday. He…
Economy
The Second International Exhibition on Investment Opportunities in Mining, Cement, Metallurgy and Related Industries is scheduled to be held on January 26, 2016, on the southern Kish Island.
…Economy
Iran Mercantile Exchange’s industrial and mining trading board witnessed the supply of 80,000 tons of steel blooms by Khuzestan Steel Company and 50,000 tons of C slabs on Tuesday. Iran Aluminum…
Economy
The Iranian government should increase its transparency to manage public expectations about Iran’s transition to the post-sanctions era, as overoptimism can damage the economy by creating bubbles…
Economy
The government has announced new measures to revive the tobacco industry that has long grappled with problems ranging from smuggling to monopoly, which have prevented competition and quality…
Economy
The Majlis Research Center has called on the government to take early action to strengthen the national currency and restore long-term stability in to the foreign exchange market.
It…
Economy
The Central Bank of Iran will send a bill to Parliament proposing an increase in the percentage of shares foreign investors and banks can hold in joint banks founded with their Iranian…
Economy
The minister of industries, mines and trade said Tuesday that Iran is ready to forge close relations with Finland including enhancing banking ties with the Scandinavian nation.
"Developing…
Economy
The Italian firm Italconsult, is willing to invest in setting up a private bank in the Chabahar FreeTrade Zone, the managing director of Chabahar Free Trade and Industrial Zone, Hamed Ali Mobaraki…
Economy
The Central Bank of Iran should strive to bring the exchange rate of the USD in the market close to 30,000 rials in order to foster economic stability, chairman of Iran-Iraq Chamber of Commerce…
Economy
Minister of Communications and Information Technology Mahmoud Vaezi announced that Iran and Afghanistan will cooperate on developing joint Persian-language applications.
Vaezi held a…
Economy
Iran’s Minister of Communications and Information Technology Mahmoud Vaezi expressed gratitude to his Iraqi counterpart Hassan Al Rashid. The Iranian minister sent a message to Hassan Al Rashid,…
Economy
Deutsche Bank has launched a computerized investment advisory service, seeking to keep up with other asset managers who have started introducing robo advisers to help certain clients create…
Economy
