Volkswagen distributor in Iran, Mammut Khodro, is set to offer Golf GTI in the country in the coming months. The company already has Tiguan and Passat on sales in Iran.
Economy
Economy
A new report by RevealNews.org says electric vehicle maker Tesla failed to record workers’ serious injuries accurately. Mislabeling and under-counting injuries made Tesla’s safety record look…
Economy
On March 18, one of the cars in Uber’s self-driving vehicle pilot program hit and killed 49-year-old Elaine Herzberg as she was walking across the street in Tempe, Arizona. The next day, Uber…
Economy
The Central Bank of Iran is expected to announce its regulatory framework for fintechs in the coming months and according to the regulator's deputy for innovative technologies, European…
Economy
Representatives of the Iranian Association of Bureaux de Change will soon hold a meeting with Central Bank of Iran’s officials to decide the fate of foreign exchange shops and the role envisaged…
Economy
First Vice President Es'haq Jahangiri said on Sunday the government intends to establish a "new foreign exchange system" that will be in the country's national interests.
Economy
The government will offer loans ranging from 1 billion rials ($23,809) to 60 billion rials ($1.42 million) to entrepreneurs who create jobs in rural regions, the vice president for rural…
Economy
A total of 1.4 million tons of non-oil goods were exported from the eastern ports of Hormozgan Province, including Shahid Bahonar Port, to Persian Gulf littoral states and East Asian countries,…
Economy
Over 3.26 million trucks transported about 33 million tons of cargo across Tehran Province in the last Iranian year (ended March 20), registering a 6.7% rise compared with the year before, a…
Economy
Iran’s non-oil trade with South Korea in the last fiscal year (ended March 20) stood at $8.09 billion, registering an increase of 27.77% compared to the year before. South Korea was Iran’s third…
Economy
As per an agreement between Iranian and Iraqi customs officials, 12 Iranian commodities exported to the neighboring country will be exempt from Iraqi standards control inspections, the head of…
Economy
Mineral explorations are currently underway in areas spanning over 250,000 square kilometers in Sistan-Baluchestan, Kerman and Kurdestan provinces, the chairman of Iranian Mines and Mining…
Economy
Banks and credit institutions provided the industrial and mining sector with 1.51 quadrillion rials ($36 billion) worth of loans in the last fiscal year's first 11 months (March 21, 2017-Feb. 19…
Economy
Iran exported more than 60.2 million tons of mineral products worth over $8.9 billion in the last fiscal year (ended March 20, 2018), down 7.8% in tonnage and up 3.2% in value compared to the…
Economy
Tehran Stock Exchange’s main index lost 299.44 points or 0.31% on Sunday compared to the day before to end trade at 95,987.6.
About 503 million shares valued at $22.55 million changed…
Economy
Telecoms Minister Mohammad Javad Azari Jahromi took to Instagram to give ear to the growing concerns of the public regarding the proposed ban on Telegram, the popular communications app with…
Economy
A two-year study of Android security updates by Security Research Labs has revealed a distressing gap between the software patches Android companies claim to have on their devices and the ones…
Economy
At the recent Sega Festival 2018 event in Tokyo, Sega unveiled the new palm-sized Mega Drive Mini with plans to release it later this year. Released in the US as the Sega Genesis, the Mega Drive…
Economy
The absence of a credible payment mechanism remains the major irritant in Iran-Pakistan trade.
Economy
Buying activity in the Iranian export market for steel billet was muted in the week that ended on April 11 amid reduced demand for finished steel products in customers’ markets as well as…
Economy
The 10th International Exhibition of Yazd Textile Industry is scheduled to be held from May 8 to 11 in the city of Yazd in central Iran. Textile machinery and products, leather, apparel and…
Economy
The Supreme Labor Council late Wednesday announced wage rise rates for the new Iranian year that began on March 21.
Economy
Iranians renting homes may be exposed to higher than expected increases in rent prices, as supply and demand are imbalanced, the first deputy of the Tehran Association of Realtors said. “The…
Economy
Lack of banking ties is a major issue concerning Iran’s relations with Sweden as it is with most other countries.
According to a senior member of Tehran Chamber of Commerce, Industries,…
Economy
An Iranian delegation was in Uruguay earlier this week to participate in a bilateral trade conference and improvement of banking relations was at the forefront of prerequisites for expanding…
Economy
