Researchers at the Materials and Energy Research Center have developed a new type of medical steel used in implants, which will soon be produced on a mass scale.
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
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Iranian researchers at Ramin Power Plant in Ahvaz city in southwestern Khuzestan Province have developed convertors for use in oil, gas, petrochemical and other industries. “The convertors can be…
EconomyClothing industry is set to leave behind the recent years’ recession resulting from inflation and fluctuations in foreign currency exchange rate, said the head of Iran’s Textile and Clothing…
EconomyAfter days of rout at Tehran Stock Exchange, TEDPIX staged a tepid rally on Saturday thanks to the banking and auto sectors' outperformance.
EconomyMore than 153,000 tons of commodities were offered on Iran Mercantile Exchange’s various trading floors on Saturday.
EconomyWith China imploding, Latin America in heavy decline and Russia seemingly on a path of global exclusion, the emerging market growth of yesterday is looking increasingly unattractive, writes…
EconomyExactly half a century after the publication of Nasser Motamedi’s book “Iran is Not an Agricultural Country: It Has to Industrialize”, the government is focusing on finding the best way to…
EconomyWith recent upheavals in the foreign exchange market, demand has tilted toward both the US dollar and the precious metal. Although the greenback had remained stable during the past months with…
EconomyThe revised tax law has now kicked in, requiring the owners of vacant homes to pay taxes on their property. The measure—which was to announced last week but would take a year to be implemented—was…
EconomyA study of non-interest incomes generated by 19 local commercial banks in the past two years has given an insight into the performance of each bank in terms of collecting banking fees and foreign…
EconomyIt took the hairy, tough-skinned kiwifruit four decades to squeeze itself among Iranians’ fruits of choice. The past Nowruz - the traditional Iranian new year holiday- shortage of oranges was…
EconomyThere are currently $14 billion worth of unfinished projects across the country, says the Vice President for Executive Affairs Mohammad Shariatmadari, adding that due to the government’s tight…
EconomyNew mineral explorations have found Sangan Mine’s iron ore reserves to be at 1.2 billion tons, which make it a “world-class” iron ore mine, said the head of Iranian Mines and Mining Industries…
EconomyIran will not import wheat this [Iranian] year (2015/16) for the first time in about a decade thanks to a bumper crop, said deputy minister of agriculture Ali Ghanbari.
EconomyAbout 1.5 million tons of horticultural products worth $2.8 billion are annually exported, said deputy minister of agriculture in horticulture affairs, Mohammad Ali Tahmasbi, adding that Iran’s 2.…
EconomyDP World, one of the world’s largest port operators, says it is in talks with relevant authorities to start port operations in Iran, which recently reached a deal with world powers to limit its…
EconomyIranian airlines are gearing up for a removal of sanctions over Iran’s nuclear program by yearend as part of July-14 nuclear deal between with world powers.
EconomyHyundai has allayed the concerns of South Korean customers about the difference in safety levels of cars sold domestically and those in the export market.
It was able to prove its parallel…
EconomyIran's leading carmakers, Iran Khodro and Saipa, will receive bank loans to help alleviate their financial troubles, a member of the Majlis Industries Commission said.
EconomyFrance's Renault will officially launch the Easy-R automatic transmission for Romanian carmaker Dacia’s Logan and Sandero models at the Frankfurt Motor Show in September.
This is a premiere…
EconomyA research and development center specialized in transportation and traffic has opened in the southern city of Shiraz on Saturday. The need for a center focused on transportation issues in the…
EconomyNorwegian economist, Erik Steenfeldt Reinert, is not only well known in his home country for introducing controversial ideas on the theory of uneven development, he has also been widely noticed…
EconomyA shatterproof glass production unit was inaugurated in Shokouhieh Industrial Park in Qom Province by Parliament Speaker Ali Larijani on Wednesday in the presence of the Director of Qom Industrial…
EconomyTehran Stock Exchange’s overall index retreated 1,012 points or 1.5% during the week that ended August 26 amid the bearish sentiment prevailing in the equity market.
According to TSE data,…
EconomyThe decks have been cleared for India to lease and develop the strategically important Iranian port of Chabahar. This will provide an alternative route for India to trade with Afghanistan and…
Economy