Exploration and exploitation of mineral-rich zones across the country will be handed over to the private sector, says director general of Mineral Exploration Department of Iranian Mines and Mining…
Economy
Ever since the fall of the Soviet Union, which led to Armenia’s independence, Tehran and Yerevan have enjoyed close political and cultural ties.
Nevertheless, according to First Vice…
Investors are increasingly looking into business opportunities in Iran, as the lifting of economic sanctions from the country nears, the Dubai office of regional law firm Al Tamimi & Company…
Convoy, a Seattle-based company that presents itself as “Uber for trucking,” has been launched in the US.
The online service and app pairs shippers with available local carriers based on…
A top Volkswagen executive, Herbert Diess, apologized at the Tokyo Auto Show on Wednesday for the automaker’s emissions-cheating scandal, promising to win back customer trust and said it will…
General Motors issued a recall on Tuesday for 1.4 million older cars in North America over the risk that they could catch fire from leaking oil.
A new regulation has called on the Ministry of Industries, Mining and Trade and Iranian National Standards Organization to prepare a list of auto parts certified by INSO.
The two bodies…
Iranian students at Sharif University of Technology ranked first in the 9th round of IEEEXtreme 24-Hour Programming Competition.
The user called "TeamName" scored 2,296.48 respectively and…
Kerman Motors, producer of Chinese vehicles in Iran, has announced it will be offering special monthly payment options for the JAC J5 hatchback and sedan models, according to Eghtesadonline.com.…
China-based company Xiaomi announced its first two-wheel-self-balancing scooter called Ninebot Mini in collaboration with Segway. It cost only RMB1,999 ($314/1 million rials), which is 70% cheaper…
The Central Bank of Iran is not yet done with lower interest rates and may announce further cuts, CBI governor, Valiollah Seif, said in a statement.
Lawmakers have cast doubt on the effectiveness of the long-awaited banking reform bill that the government intends to submit to the legislature by the end of the month, Sarmad news website…
Most Iranian banks will be able to reconnect to the SWIFT financial-transactions system, a key to rekindling foreign trade, once Iran’s nuclear-related measures have been verified, SWIFT said on…
Iran has purchased 2.8% of shares in the Asian Infrastructure Investment Bank's (AIIB), deputy economy minister for foreign investment affairs said Tuesday.
A band of criminals trying to hack into Bank Melli’s accounts was identified and stopped by the timely reaction of the bank’s officials in cooperation with Tehran’s Intelligence Bureau, reported…
The Money and Credit Council has voted against doubling Jualah contract loans (a type of low-interest Islamic loan) to 200 million rial ($ 6,667) from the current 100 million rial. It, however,…
Iran experienced positive economic growth in the first quarter of the current Iranian year (March 21-June 21), said the head of Statistical Center of Iran, Adel Azar, without providing a specific…
The bill to establish two new free zones of Sistan (in southeast Iran) and Baneh-Marivan (near the western border) was passed by the High Council of Iran Free Trade-Industrial Zone on Monday and…
Iranian Economy Minister Ali Tayyebnia said Iran and Brazil plan to raise bilateral trade to $5 billion, adding that the target is within reach in view of the two countries' potential.
…
Iran and Finland discussed avenues of cooperation and investment opportunities in the new economic climate following the lifting of sanctions against Iran over its nuclear energy program.
The biggest value added in textile industry is generated in garment workshops, says the deputy head of the Association of Iran Textile Industries.
Alimardan Sheibani, who is also a…
Representatives of Tehran Stock Exchange and Iran Fara Bourse have been invited, along with chief executives of leading Middle East exchanges, to discuss foreign investment opportunities at the…
Iran Mercantile Exchange’s oil and petrochemicals trading board witnessed the offering of more than 53,450 tons of polymers, 38,600 tons of bitumen and 5,500 tons of sulfur on Tuesday. The…
Competition in the global iron ore market has become so intense following a glut in low-cost supplies that Iranian exporters have abandoned efforts to court overseas sales. Instead, they are…
Tehran Stock Exchange ended Tuesday trade in green, as TEDPIX gained 119.70 points or 0.19% to settle at 62,923 .
