Iran exported about $70 million worth of apparel last year (March 2016-17) to mainly customers in Afghanistan, Iraq and Central Asian countries, a member of Iran Textile Exporters and…
Economy
Economy
Iraq has asked Iran and Turkey to close border crossings with the Iraqi Kurdistan Region, an Iraqi Foreign Ministry spokesman announced. Last month, the Kurdish region held a controversial…
Economy
During the first six months of the current fiscal which started in March Iran automotive industries registered a 10% year-on-year increase in sales.
According to the latest statistics…
Economy
Tesla Inc CEO Elon Musk on Friday pushed back the unveiling of the company’s big rig truck until mid-November, tweeting that the electric vehicle maker was diverting resources to fix production…
Economy
Kerman Automotive Industries Corporation (Kerman Khodro) and its subsidiaries will be listed on Iran Fara Bourse, said a member of its board of directors.
Diversifying portfolios and…
Economy
Automotive Industries Development Company, a local industrial holding, is set to import electric motorcycles, says the firm’s deputy chief.
Economy
Close to 53.32 million tons of oil and non-oil products were loaded and unloaded in the ports of the southern Hormozgan Province during the first half of the current Iranian year (March 21-Sept…
Economy
The US dollar gained against the rial on Thursday to reach its highest value in Tehran’s foreign exchange market in eight months.
Economy
In order to implement the Social Housing Scheme to provide more than 100,000 residential units for low-income groups each year, 4.2 trillion rials ($105 million) in government subsidies are…
Economy
In what could be another step toward bolstering efforts to reduce the tenaciously high bank interest rates and balance markets, investment funds owned by banks and credit institutions have been…
Economy
Owing to the fact that most municipalities, including that of Tehran, are struggling with a hefty credit crunch, Shahr Bank has invested 100 trillion rials ($2.5 billion) to support the…
Economy
Denmark's major offshore explorer Maersk Oil is in a strong position to win a contract to produce ultra-light crude from Iran's South Pars gas field and its recent acquisition by France's Total…
Economy
The European Union has decided to set fixed duties for hot-rolled coil imported from Iran, as well as HRC from Brazil, Russia and Ukraine, after a complaint by EU manufacturers that the product…
Economy
The 17th International Industry Exhibition, also known as IINEX 2017, opened at Tehran’s International Permanent Fairgrounds on Friday.
Economy
Iran’s unemployment rate in the second quarter of the current fiscal year (June 22-Sept. 22) stood at 11.7%, registering a 1% drop compared with the same period of last year and a 0.9% decrease…
Economy
About 81,580 tons of different kinds of dates worth close to 2.7 billion (more than $82.82 million) were exported from Iran to 76 countries during the five months to August 22, based on figures…
Economy
It is estimated that some 5 million tons of citrus fruits will be produced in Iran during the current fiscal year that started March 21 to register a 7% increase compared with last year’s…
Economy
Iran Chamber of Commerce, Industries, Mines and Agriculture will host a joint forum between the businesspeople of Iran and Mexico on Oct. 15.
Economy
About 39,000 tons of seafood worth $121 million were exported from Iran during the five months to Aug. 22, according to the director general of Seafood Quality Improvement, Processing and…
Economy
The southern Vietnamese city of Can Tho expects to export its first batches of rice to Iran in the last quarter of 2017, deputy director of the city’s Department of Industry and Trade said.
Economy
An Iranian delegation headed by Agriculture Minister Mahmoud Hojjati visited Sommet de l’Elevage (livestock summit in French), Europe’s number one livestock show in France over the weekend.…
Economy
Google’s single-lensed Pixel2 and Pixel2 XL phones have shot straight to the top of DxOMark’s camera benchmark charts, beating the iPhone 8 Plus and the Galaxy Note 8, both of which feature dual…
Economy
China said on Thursday it has approved HP Inc’s $1.1 billion purchase of Samsung Electronics’ printer business with certain restrictions, citing concerns about the US firm’s dominance of the…
Economy
Georgia and Iran are set to hold a joint business-to-business forum on technological cooperation in Tbilisi on October 18-19.
The event is sponsored by Iran's Presidential Office for…
Economy
The third edition of Sharif University of Technology’s national programming competition ‘Code Cup’ opened on Friday. During the initial stage, programmers from across the country compete online…
Economy
