As many as 15 Iranian companies took part in the 21st Azerbaijan International Construction Exhibition “BakuBuild 2015”, which was held in Baku, Azarbaijan, 21-24 October.
Economy
The Czech Republic is ready to invest in Alborz Province’s transportation sector, IRNA quoted chargé d’affaires of the Czech Embassy in Tehran, Petr Stepanek, as saying in a meeting with municipal…
As debate on the newly-unveiled incentive package by the administration continues, a banking analyst has warned about the possible economic instability as the reserve requirement rate of banks is…
In its latest meeting on Tuesday, the Money and Credit Council disregarded mounting pressure for further interest rate cuts from government officials.
Ending the long recession is the talk of the town and has been making news headlines ever since the government unveiled its much-hyped quantitative easing program last weekend. In the…
The International Monetary Fund (IMF) says the recent agreement to remove most economic sanctions on Iran will be positive news for the global economy.
Bank Maskan has given a total of 250,000 loans worth 60 trillion rials ($ 2 billion) in the first nine months of the fiscal year that started on March 21, the bank’s CEO Mohammad Hashem Botshekan…
A delegation from Iran will visit Moscow before November 12 to set up a joint bank with Russia, Russia’s Energy Minister Alexander Novak said in an interview aired by the Rossiya-24 TV news…
Asphalt market is in a favorable condition, thanks to municipalities’ year-round projects to renovate and maintain streets and highways, says an asphalt producer and contractor.
Ahmad…
Oil-rich countries are concerned that lifting of sanctions on Iran’s oil industry and the return of Iranian crude to international markets would result in a further decline in oil revenues.
The implementation of the nuclear deal reached between Tehran and world powers will pave the way for the copper sector to see an increase in foreign direct investment, says head of Iran Mines and…
The Iranian government would like to attract foreign partners and import new technologies and standards in several sectors, an international business development manager said.
Tehran Stock Exchange’s overall index gained 1,598 points or 2.60% to settle at 63,175 during the Iranian month that ended on October 21.
The First Market Index and the Second Market Index…
General Motors' Opel division denied violating European pollution standards after green activists claimed the automaker's Zafira minivan had excessive NOx emissions.
Toshiba is preparing to sell its image sensor operations to Sony in a deal estimated at around $165 million, reports said Saturday. The reported deal could include sales of production facilities…
One Planet Ops Inc., a US-based hybrid firm combining operating technology companies, angel fund and a startup business incubator, has been launched in California.
Sweden’s biggest bus producer Scania AB wants to invest in Iran when economic sanctions are lifted. “We are ready,” Scania spokesman Hans-Aake Danielsson said by phone on Wednesday.
China’s National Building Material Company and Industrial Development and Renovation Organization of Iran, affiliated with the Industries Ministry, signed a $74-million contract to build a…
Iran’s Consulate General in Hamburg, Abbas Badakhshan, head of Iran National Carpet Center, Hamid Kargar, head of the Association of Iranian Carpet Importers in Europe, Bahram Tahbaz, and 50…
Iran is ready to start shipping cheese to Russia, a little over a year after Moscow imposed an embargo on dairy products from most European countries, a Russian agricultural official said on…
When recession hits hard, economists from different schools waste little time in demanding government intervention. Here, however, the neoclassical economists are the exception, as they believe…
About 400,000 tons of steel were exported by Esfahan Steel Company, located in Isfahan Province, to 25 countries, including France, Turkey, India, China and Saudi Arabia, during the first half the…
The landmark nuclear deal reached between Iran and the United States and other world powers sets out arrangements for handling that issue, but it leaves open many other questions about…
Tehran Stock Exchange ended Wednesday’s sluggish trade in green as TEDPIX climbed 33 points or 0.05% at the day’s close to settle at 63,175.
The ongoing recession in the domestic market is to a great extent the offspring of the plunge in production. Hassan Sobhani, a senior economist, listed psychological factors, the slump in…
