Economy

Diversity awaits Internet users as 18 new operators will be entering the market by November 2015, said the deputy minister of Communications and Information Technology.

These Internet…

Japanese vertical farming setup, Spread Company, has begun construction on what it called the world’s first large-scale vegetable factory.

The facility will be fully automated from the…

US chip colossus Intel on Thursday said it will put $50 million and engineering resources into an alliance on quantum computing that could radically advance complex problem-solving.

Iran exported scientific products to different countries in the last Iranian year (ended March 20, 2015). “Advanced materials produced in Yazd Science Park have been exported to the Netherlands…

Governments have launched a host of initiatives to promote home ownership among low-income families in the past decade. Affordable housing projects like Mehr and the recent hike in mortgage…

A hot debate has been triggered following the announcement that the two major Iranian automakers have been authorized to receive five trillion rials ($147 million at market exchange rate) in loans…

The removal of sanctions on Iran could provide a timely lift for the property market in Dubai after it “flattened out” in recent months, according to the property consultancy Cluttons.

The insurance regulator has criticized insurance managers and private hospitals for their lack of customer orientation, BINA news website reported, citing an official.

Outdated technology used by Iranian industries is to blame for their low level of productivity, said the head of National Iranian Productivity Organization.

The much-awaited International North-South Transport Corridor through Iran has been set in motion, with New Delhi, Tehran, Moscow and 10 other states at a recent meeting in Delhi approving…

Gol Gohar Iron Ore Complex offered 55,000 tons of granulated iron ore at the base price of $28 per ton on Iran Mercantile Exchange’s export trading floor on Wednesday.

As IME reported, the…

Tehran Stock Exchange’s overall index wrapped up another sluggish trading day in green with Ghadir Investment Company’s block trade barely lifting TEDPIX to gain 25.2 points or 0.04% to settle at…

Experts and market analysts paint a promising picture of Iran's mining sector in the coming years following the lifting of western sanctions.

Iran Fara Bourse’s main index IFX edged up 2.18 points or 0.3% on Wednesday to close at 732.73. More than 87 million securities were traded in 12,183 transactions valued at $85.2 million. Iranian…

Transit goods constitute 420,000 tons of the total 820,000 tons of commodities which crossed Sarakhs rail border (northeast of Iran on Turkmenistan border) during the first five months of the…

In a meeting between Thai Ambassador Ramsee Chittham and head of Shiraz Chamber of Commerce, Industries, Mines and Agriculture Fereydoun Forghani in the capital of Fars Province on…

Iran is likely to record the largest budget deficit since the 1980-88 war with Iraq as last year's drop in oil prices proved too steep for the government to swallow. Although budget deficits are a…

The Organization of Islamic Cooperation’s International Business Center will hold the 6th Muslim World Biz Expo in Kuala Lampur October 27-30, the Iranian executive manager of the organization…

Emirates is looking to add more flights to Iran, including to new destinations, Emirati media quoted a senior executive as saying on Tuesday, the day it launched flights to Mashhad, Iran’s second…

French new-car sales, which rose 9.7% in August, was boosted by an extra selling day. Registrations rose to 92,052 cars in the seasonally slow holiday month from 83,715 a year earlier, the Comité…

Renault's local joint venture, Negin Khodro, is to offer new "VIP" services for local customers in the case of an emergency situation or breakdown.

Customers, who previously bought cars…

The 2016 Citroen Ds4 has had a facelift with new styling and refreshed engines and the arrival of the DS4 Crossback, as a high-riding variant.

More than 450 bankers from [Persian] Gulf Cooperation Council member states will come together next month at a leading banking technology and innovation event in Dubai this month.

The Fifth…

New Towns Development Company has detailed a set of plans seeking to develop “new cities” in Mokran coastlines—a Persian term referring to the coastlines of the Persian Gulf and Sea of Oman, the…

The government is not authorized to regulate interest rates in a top-down manner in an Islamic banking system, instead rates should be based on market conditions and rate of return, said Minister…