Texas joined the Volkswagen litigation bandwagon, accusing the company’s US unit of violating state consumer protection laws and clean air standards by using rigged software in some of its diesel…
Economy
Iran Khodro Company, Iran's largest auto manufacturing firm, will set up an assembly line as a joint venture in its Persian Gulf neighbor Oman.
IKCO CEO Hashem Yekezare said Iran's Ministry…
Nissan Motor and other Japanese automakers are looking to restart exports to Iran, as the prospect of sanctions relief grows stronger.
Iran will host the Third International Conference on Automotive Industries with a special focus on environment. According to Ali Mohammad Goudarzi, advisor to the minister of industries,…
The Union of Iranian Leasing Companies has formed a committee to develop new leasing methods to enhance efficiency with a focus on operational leasing.
Head of the Central Bank of Iran left Tehran for the Peruvian capital Lima to attend the annual meetings of the World Bank Group and the International Monetary Fund, the CBI reported late…
As relations with the West improve slowly, Iranian banks are poised to resume their overseas activities. The Persia International Bank was established in 2002 following the merger of London…
Parsian Bank has prioritized financing strategic projects, namely in the energy, steel and mines sectors. Kuroush Parvizian, the bank’s CEO said his bank has already lent to companies in the said…
The representatives of Iran’s Bank Keshavarzi (agro bank), the Agricultural Development Bank of China and India’s National Bank for Agriculture and Rural Development have met to share experience…
In perhaps one of the harshest anti-western decrees issued by Russian President Vladimir Putin, hundreds of thousands of food products that were said to have violated Kremlin’s ban on European…
During a meeting between the ambassadors of Caspian Sea littoral states to Iran and Anzali Free Trade Zone Managing Director Reza Masrour in Gilan Province on Thursday, the participants discussed…
More than 12.5 million tons of goods worth $17.7 million were imported to Ardabil Province during the first half of the current Iranian year (started March 21), showing a 16% decrease in volume…
About 84,000 tons of eggs were exported during the first half of the current Iranian year (started March 21), indicating a 20% increase compared to the similar period of last year, says deputy…
Iran being the most populated country in the Middle East is anticipated to provide significant demand for air conditioning systems with the expected rise in per capita income in the coming years,…
German Nordic Shipbuilding Company and Iran Shipbuilding & Offshore Industries Company signed a memorandum of understanding on future cooperation in the Iranian port city of Bandar Abbas,…
The initial economic bounce from President Hassan Rouhani’s election in June 2013 and the signing of the Joint Comprehensive Plan of Action later that year ended nine quarters of negative economic…
Tehran Stock Exchange’s benchmark retreated further during the week that ended October 7 with TEDPIX slipping 109 points or 0.18% compared to the previous trading week to settle at 61,389.8.
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Following Iran’s nuclear deal, there has been plentiful analysis on its impact across the world. The focus largely has been on the impact in the Middle East.
Its impact on the Indian…
The first half of the current Iranian year (started March 21) saw the export of 225,000 square meters of stones for building facades worth $2.7 million from the city of Mahallat in Markazi…
Apple Inc. said it had removed "a few" applications from its App Store, expressing its concern that the security of some users' personal data could be compromised in certain circumstances.
The online registration for the 21st edition of the International Exhibition of Electronics, Computer and E-Commerce (Iran Elecomp 2015) will begin on October 10. Iran Computer Trade Organization…
The capital city of North Khorasan province in northeast Iran hosted a startup weekend for the first time.
The three-day event held in Bojnourd aimed to promote entrepreneurship and…
An ambitious project led by researchers in Switzerland to digitally map the brain released on Thursday its first results, showing a complex view of how the brain is wired.
The US dollar again crossed the psychological barrier of 34,000 rials on Wednesday. As of 11:45 am GMT on Wednesday it bought 34,650 rials -- 1.94% up from the previous day's close,…
Housing loans have shrunk in value in the past decade compared to the rise in prices and inflation rates, a housing expert said.
