About $440 million worth of chewing gum are smuggled into the country every year. According to Jamshid Maghazei, the head of the Association of Iranian Confectionery Manufacturing Companies,…
Economy
Apple production is expected to reach 305 million tons and exports are estimated at 500,000 tons by the end of the current Iranian year (March 19, 2016), according to the Ministry of Agricultural…
Iranian Foreign Minister Mohammad Javad Zarif and his Japanese counterpart, Fumio Kishida, recently agreed to speedily conclude a bilateral investment treaty.
During their meeting in Tehran…
The prospect of oil giant Iran opening up for business in the coming months might not seem like good news for Scotland’s oil capital, Aberdeen, but that’s not how the Scottish National Party’s…
Iran has historically been a primary trading partner for Italy’s textile machinery industry. However, international sanctions blocked the flow of textile machinery exports to Iran.
An Iranian official has warned people with unsteady nerves from purchasing SAIPA's range of Prides.
According to Mohammad Reza Mamdouhi, Iranian National Standards Organization's deputy for…
Volkswagen named Daimler manager Christine Hohmann-Dennhardt on Friday to the newly created post of board member for integrity and legal affairs, as it strives to recover from the scandal over its…
The production of five Iranian car models will stop on December 22.
Iran's Car Manufacturing Policymaking Council in its latest meeting decided to implement new carbon dioxide emission…
Iran Khodro, the country's largest car producer, recently showcased vehicles in the Tajik capital of Dushanbe. The exhibition was held on the sidelines of an international investment conference…
The 19th International Automotive Exhibition of Tabriz concluded on Friday. The event focused on introducing the national and international capacities of the auto sector, Tasnim News Agency…
German reinsurer Munich RE has made a significant offer for covering a variety of insurance services in Iran after sanctions are eased, the Central Insurance of Iran's deputy director for…
Ministry of Roads and Urban Development is focusing on multiple financing schemes to help stimulate the flagging housing market including a one-billion rial ($33,000) construction loan which could…
A recent poll by Banki website shows that Bank Mellat is the most popular bank in Iran. According to ILNA, Bank Mellat was also selected as the most popular bank for providing e-banking services.…
Coinciding with World White Cane Day, Tejarat Bank unveiled banking services for the blind and visually challenged. According to Banker website, special internet banking services, mobile software…
The new economic policy package to be unveiled on Saturday will pave the way for the full enforcement of interest rates, a bank official told IRNA.
More than 52 tons of saffron worth $75.2 million were exported during the first six months of the current Iranian year (March 21-September 22, 2015), showing a 9.5% decrease in value compared to…
Demand for Iranian products has grown in Afghanistan amid growing anti-western sentiments among Afghans, says the Iranian head of Iran-Afghanistan Chamber of Commerce, Mahmoud Siadat, referring to…
More than 450 tons of goods worth $2.1 million were exported from Kohgilouyeh-Boyerahmad Province to Germany, Afghanistan, Britain and the UAE during the first half of the current Iranian year (…
After weeks of downbeat performance, President Hassan Rouhani’s dovish signals of a bright outlook for the equity market in the not-too-distant future coupled with the endorsement of the July 14…
The reestablishment of Iran-Indonesia Economic Commission shows both countries have started “serious cooperation” in various economic fields, said Foreign Minister Mohammad Javad Zarif.
He…
More than 11.5 million tons of goods worth $15.7 billion were imported from Asian countries such as China, the UAE, South Korea, Turkey and India during the first half of the current Iranian year…
Pakistan has always enjoyed a rather favorable strategic position in its region. This explains China’s longstanding interest in the country and its willingness to support the China-Pakistan…
Nikuiyeh gold zone, located in Qazvin Province, has been put out to tender to attract private sector investors to develop the reserve, announced director general of Mineral Exploration Bureau of…
Apple's potential damages in a patent fight with the University of Wisconsin's licensing body could reach $400 million as a trial on the amount Apple owes for infringing a processor patent got…
Police in western Germany have issued an urgent appeal to parents: "Don't post photos of your children on social media websites for all to see." The somewhat unusual appeal by Hagen police…
