Iran and Kazakhstan have signed an agreement to activate a trilateral transport corridor with China to expand economic, commercial and transport cooperation. The 926-kilometer railroad was…
Economy
Referring to the letter written by four ministers calling on President Hassan Rouhani to take prompt action to address the prevailing recession in the capital market, Minister of Economic Affairs…
The 15th Tehran International Industry Exhibition, the biggest industrial expo in the Middle East, opened in Tehran’s International Fairground on Monday.
A total of 477 domestic and 315…
Dogharoun is Iran’s top border customs office in terms of employing modern management technologies, electronic infrastructures and computerization.
The disintegration of distribution companies and scattered retail stores have increased production costs, said the organizer of the Second Conference on Iran’s Distribution Industry scheduled for…
The private sector’s share in the economy is only about 17%, announced head of Iran’s Chamber of Guilds, Ali Fazeli, on Saturday, adding that the government’s dominance will hamper economic growth…
Toyota has announced that it will begin shipping cars from its Thailand-based assembly lines to Iran, according to a new report from a local automotive website.
Asre Khodro reports that the…
The South Korean-made Ssangyong Tivoli, a small sports utility vehicle has been officially unveiled in northern Tehran's up-market Palladium Shopping Mall this week. Among those present at the…
In the clearest signal yet that its self-driven car project is ready to face the everyday car, Google has said that it is on the lookout for original equipment manufacturers to take up the car's…
China’s auto manufacturers got a big boost after the government slashed the purchase tax on small cars by half to 5% last week.
Volkswagen officials have visited Iran this week to discuss possible joint projects with local carmakers, according to a report broadcast on Iranian television.
The German car manufacturer…
The prospective lifting of Iran sanctions will significantly boost its economy and positively affect the neighboring Arab economies, especially the UAE, according to experts.
The Ministry of Industries, Mining and Trade has recently announced plans to combat clothes smuggling to enable domestic producers to have a share of the apparel market.
More than 190,000 tons of commodities worth $60 million were exported via Bandar Lengeh Port in southern Hormozgan Province in the first half of the current Iranian year (started March 21),…
Industrial machinery, raw materials and essential goods account for 85% of Iran’s imports, ISNA quoted director general of Import and Export Regulations Bureau at Trade Promotion Organization of…
The first six months of the current Iranian year (started March 21) saw the export of 184,000 tons of goods worth $173 million from Qazvin Province to Iraq, Afghanistan, Armenia, Pakistan, Georgia…
Governor of the Central Bank of Iran Valiollah Seif has recommended Iranian banks to brace themselves for reengaging with international business, namely through embracing international standards…
Data released by the Central Bank of Iran implies a change of fortunes in the unimpressive housing industry.
Average price per square meter of housing units grew despite decline in real…
The CEO of Bank of Industry and Mines visited Iranian Shipbuilding and Offshore Industry Complex in Bandar Abbas, Hormozgan Province. According to the bank’s website, besides discussing the…
The Export Development Bank of Iran is expanding relations with Brazil. Hossein Eivazlou, a member of the bank’s board of directors recently visited Brasilia to discuss grounds for expanding…
The 66th meeting of Asia-Pacific Rural and Agricultural Credit Association (APRACA) executive committee will be held at Bank Keshavarzi’s training center in Babolsar in north Iran, Oct. 7-10.
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Change in deposit rates should be in tandem with change in customers’ attitudes, a private banker said in Tehran on Friday.
Discussing the Central Bank of Iran’s recent interest rate cut,…
Chicken nuggets are almost everywhere, in almost every fast food chain and every supermarket freezer. Fried, crunchy and quickly made, they are in high demand, ranging from busy adults with no…
Despite the government’s successful efforts to reduce inflation from 45% to around 15% over the past two years, some have voiced concern that the administration’s focus on pulling down inflation…
Iran Mercantile Exchange played host to more than 124,000 tons of commodities on Sunday. As IME reported, 10 kg of saffron, 4,000 tons of durum wheat, 1,000 tons of soybean flakes, 450 tons of…
