Russia’s Vnesheconombank, otherwise known as VEB, has signed a contract with Iran’s Bank of Industry and Mine to finance a thermal power plant project in Hormozgan Province.
The contract…
Economy
Economy
China will set a deadline for automakers to end sales of fossil-fuel-powered vehicles, becoming the biggest market to do so in a move that will accelerate the push into the electric car market…
Economy
Azhitechs, an Iranian commercial vehicle producer and the official representative of Belarus’s Maz Trucks, is set to deliver 400 CNG-powered city buses to Tehran and Tabriz municipalities.
Economy
Steering wheel as we know it does not have a bright future -- in fact, it might disappear altogether as self-driving cars hit the road. Jaguar Land Rover, however, has an idea as to how it might…
Economy
Iran Financial Center signed a data-sharing deal with the Greek data vendor company Inforex S.A. at Tehran Stock Exchange on Sunday.
Economy
While foreign currency rates, especially the US dollar, are gradually rising in the market, the government’s earnings from revaluation of the Central Bank of Iran’s forex resources also go up…
Economy
The Nilson Report, one of the most trusted sources of news and analysis of the global card and mobile payment industries, has surveyed the largest merchant acquirers in Middle…
Economy
Bank Melli Iran’s branch has started operations in the Iraqi holy city of Najaf Al-Ashraf, the lender’s chief executive said.
Economy
Tehran Stock Exchange’s main index shed 419.60 points or 0.50% to end Sunday trade at 83,255.7.
About 404 million shares valued at $36.82 million changed hands for the day.
…
Economy
Iranian government officials and steel industry players met at Financial Tribune’s office in Tehran on Sunday to set the agenda and the general outlook for the Eighth Iranian Steel Market…
Economy
Iranian gold producers are taking measures to improve their international ranking by increasing the quality of their products, an official with Tehran Gold and Jewelry Union said.
Economy
The Persian Gulf Petrochemical Industries Company is close to finalizing an agreement with French energy major Total S.A. to conduct feasibility studies on petrochemical ventures in Iran, the…
Economy
The government has purchased 8.8 million tons of wheat worth 115 trillion rials ($2.95 billion) from local farmers across the country so far in the current crop year, Deputy Agriculture Minister…
Economy
A total of 2 trillion rials ($51.28 million) from the National Development Fund of Iran have been allocated to nomads to streamline red meat production, the head of Iranian Nomad Organization…
Economy
Negotiations with Afghanistan for the export of Iranian eggs to the neighboring country have failed and Iran’s chances of exporting eggs seem remote even by the end of the Iranian year (March…
Economy
Some of the decisions made by the newly-formed government of President Hassan Rouhani suggest that the officials are intent on pursuing the trial-and-error approaches that bled the economy dry…
Economy
Iranian Privatization Organization has brokered the sales of over 1.17 trillion rials ($30 million) worth of public companies’ shares since the start of the current fiscal year (March 21) to…
Economy
France, Germany, Italy and Spain want digital multinationals like Amazon and Google to be taxed in Europe based on their revenues, rather than only profits as now, their finance ministers said…
Economy
Online stage of Elecom Games, an Iranian video gaming convention, opened on Thursday. Winners of the online contest will enter the main competition.
Economy
Russian technology companies will lose out on state orders unless they switch to using home-grown software, Russian President Vladimir Putin was quoted as saying on Friday.
Putin said…
Economy
Iran will attend the Telecom World 2017 in Busan, South Korea from September 25 to 28.
Economy
Austria’s Oberbank will sign a deal with Iran this month, enabling it to finance new ventures there, its chief executive said, among the first European lenders to do so since sanctions were…
Economy
The Central Bank of Iran is to reevaluate and upgrade its rules and general approaches regarding foreign currencies, says the bank's deputy for foreign exchange policies and regulations days…
Economy
An official of the Central Bank of Iran has announced the details of regulations related to dormant accounts that were passed by the Money and Credit Council in early August.
Economy
The Economic Office at the Central Bank of Iran has briefed the Money and Credit Council on the latest economic developments in MCC’s most recent meeting late Tuesday. According to CBI’s…
Economy
