A 4.06% stake in Iran’s largest steelmaker Mobarakeh Steel Company has been scheduled to be sold by Saba Tamin Investment Company on May 5.
The sale comprises 3.04 billion shares with a…
Economy
Chicken is the most consumed meat in Iran and with a chicken and egg output of over 3 million tons per year, the industry has played an important role in the country’s food security.
Producing half of the 550 million square meters per year of the domestic output of tiles and ceramics, Yazd Province is the production hub of these products in Iran, the deputy head of Iran’s…
Tehran Stock Exchange’s main index lost 218.57 points or 0.23% on Monday compared to the day before to end trade at 93,586.9.
About 578 million shares valued at $44.11 million changed…
Iranian motorbike makers have ten months to upgrade their facilities to meet Euro4 standards and the country's automotive inspection centers are on the fast track to get new equipment so as to…
Private Iranian automaker Bahman Group has initiated the sales of a Haval SUV model H2. The sales began on 10 a.m. local time on Saturday. The vehicle is priced at 958.9 million rials ($22,830)…
In the first of its kind, the Scandinavian country is trialing the world's first public road which allows electric vehicles to recharge while driving. Similar to a slot-car track, vehicles are…
Iran traded €3.74 billion worth of commodities with the 28 members of the European Union during the first two months of 2018 to register a 17.4% year-on-year growth, Eurostat data shared with…
A member of Majlis Economic Commission has called for more liquidity to be directed toward the housing sector, saying that although mortgage rate cuts are likely to help boost the sector’s…
The governor of the Central Bank of Iran acknowledged shortcomings in the government's new foreign exchange policy, promising that they would be addressed.
Following a national currency swap deal that was recently implemented, Iran and Turkey are now pursuing the integration of bank cards in a move aimed at helping the massive flow of tourists…
Iran’s economic sectors received a total of more than 9.35 million counts of loans valued at 6.13 quadrillion rials ($145.95 billion) from banks and credit institutions during the previous…
The First International IranVet Exhibition is scheduled to open on July 21 and run through July 25 at Tehran’s Grand Mosalla.
The project to electrify the 430-kilometer-long Garmsar-Sari-Gorgan-Incheh Borun Railroad will kick off in the current Iranian year (started March 21), the deputy head of the Islamic Republic of…
A total of 770,000 tons of paper, including newsprint, book paper, tissue, packaging paper and cardboard, were produced in Iran in the last fiscal year (March 2017-18), registering a 32% rise…
The Islamic Republic of Iran Customs Administration has set a $10-million cap on imports for each free trade and special economic zone in Iran during the first quarter of the current fiscal (…
A total of 11,000 production units are engaged in non-oil exports in the last fiscal year (March 2017-18), marking a rise of 37% compared with close to 8,000 units the year before, thes deputy…
More than 340,500 tons of goods were loaded on 5,845 freight wagons in Isfahan during the first month of the current Iranian year (March 21-April 21), indicating a 55% rise in the throughput…
Iran Air, the country’s flag carrier, announced plans to increase its weekly flights to the Qatari capital Doha from May 1, to meet the growing demand for flights to Qatar and in line with the…
The production units of Iranian industrial parks exported $2.18 billion worth of commodities in the last fiscal year (March 2017-18), IRNA quoted deputy minister of industries, mining and trade…
Major Iranian lead and zinc producers extracted 928,932 tons of ores in the last fiscal year (March 2017-18), according to the Iranian Mines and Mining Industries Development and Renovation…
US President Donald Trump’s threats to leave the nuclear agreement has so far made no direct impact on Iran Air’s contracts to buy airplanes from western planemakers, an advisor to the minister…
Section-3 of Khwaf-Herat Railroad, part of Iran-Afghanistan rail corridor, has made 80% progress, according to a delegation of the Islamic Republic of Iran Railways which recently visited Herat…
Tehran Stock Exchange’s main index lost 473.72 points or 0.5% on Sunday compared to the day before to end trade at 93,810.7.
About 697 million shares valued at $43.75 million changed…
Since early hours of Sunday, Iranian Telegram users were experiencing disrupted communications. The services reportedly were also down in several European countries.
Telegram’s founder…
