BMW AG is targeting another ambitious hike in plug-in hybrid and battery car sales next year to defend its position in the electric-car shift as competitors like Volkswagen AG ready their own…
Economy
Economy
Uber has had its license suspended in Sheffield after it failed to respond to official requests about its management, the city council has said. The firm, also fighting a ban in London, can…
Economy
Despite the recent surge in the value of gold coin and foreign currencies in the Iranian market, home prices remain unaffected and the sector’s experts believe the housing market will remain…
Economy
The research arm of the Iranian Parliament has published a report on the status of the country’s foreign exchange market in the coming months, predicting a mostly stable environment by the end…
Economy
Foreign finance agreements signed in the first 100 days of President Hassan Rouhani’s second term amounted to $5.6 billion.
This was announced by Mohammad Khazaei, the director of the…
Economy
Tehran Mayor Mohammad Ali Najafi dispelled rumors that he has ordered the suspension of urban development projects in the capital. He said all the construction projects in the capital are being…
Economy
Tehran Stock Exchange’s main index TEDPIX shed 60 points or 0.1% during the week that ended on Dec. 5 to end at 91,092.4.
The main index of the smaller over-the-counter exchange Iran…
Economy
Sales and profit records in Iranian theaters are being broken.
Last Iranian year (March 2016-17), the play ‘Mississippi Dies Seated’ adapted and directed by Homayoun Ghanizadeh based on…
Economy
The Ministry of Industries, Mining and Trade issued 475 mineral exploration permits in the first six months of the current fiscal year (March 21-Sept. 22), indicating a 30.5% growth compared…
Economy
Sugar imports have been banned until the end of the current Iranian year (March 20, 2018), deputy agriculture minister for expansion of commerce and processing industries, Ali Akbar Mehrfard,…
Economy
The Islamic Republic of Iran marked the fastest growth in industrial designs worldwide with a 34.8% increase, the United Nations intellectual property agency said on Wednesday. According to the…
Economy
President Hassan Rouhani is scheduled to submit the budget bill for the upcoming fiscal year (March 2018-19) to the parliament on Sunday after the Cabinet approved it on Wednesday, the…
Economy
Trade between Iran and Saudi Arabia is minimal, as commercial exchanges are carried out by intermediary countries, the deputy minister of industries, mining and trade and the head of Trade…
Economy
According to a recent report by the Statistical Center of Iran, the country’s industrial exports’ value saw a 10.66% decline in the second quarter of the current Iranian year (started March 21)…
Economy
The Ministry of Industries, Mining and Trade has decided to keep tariff rates on paper imports unchanged at 5% and allocate foreign currency at preferential exchange rates for its imports to…
Economy
A Bulgarian renewable power developer has signed a memorandum of understanding to expand solar photovoltaic infrastructure in Jahrom, a city and country in the central-southern Fars Province.
Economy
Local ICT company FANAP, affiliated to Bank Pasargad, has commercially launched its eWallet ‘Keypod’ in the eastern city of Mashhad.
The service was first launched in the northern Qazvin…
Economy
Facebook Inc’s Instagram said on Thursday it was testing a standalone messaging app called Direct, making it the company’s third chat tool alongside its hugely popular WhatsApp and Messenger.…
Economy
YouTube plans to introduce a paid music service in March, according to people familiar with the matter, a third attempt by parent company Alphabet Inc. to catch up with rivals Spotify and Apple…
Economy
Google says its AlphaGo Zero artificial intelligence program has triumphed at chess against world-leading specialist software within hours of teaching itself the game from scratch.
The…
Economy
Latest statistics on Iran-Turkey trade released by the Turkish Statistical Institute show the neighboring countries exchanged $9.1 billion worth of goods during the 10 months to Oct. 31,…
Economy
The Banker magazine, affiliated with the Financial Times Group, has selected Bank Pasargad Iran as the best Iranian bank for 2016.
As the publication reported on its website, the private…
Economy
The Iranian government has managed to boost home ownership through allocation of bigger home loans at lower interest rates, which have significantly improved the real-estate market.
Economy
The annual general meetings of two major state-owned banks, Bank Melli Iran and Bank Maskan, have been belatedly held and their balance sheets for the previous fiscal year to March 20, 2017,…
Economy
As part of the government’s plan for lenders to do away with excess assets and become more agile, more than 150 trillion rials ($3.5 billion) worth of bank properties have been sold during the…
Economy
