A shadow rising on the wall and growing in size can be spooky. However, a shadow distorts the original object based on the angle and intensity of light that created it, failing to faithfully…
Economy
- Economy
Tehran Stock Exchange’s main index gained 247.80 points or 0.31% to end Tuesday trade at a 66-day high of 81,181.7.
About 603 million shares valued at $50.25 million changed hands for the…
EconomyTehran has opened talks with Russia and several other countries on developing Farzad-B Gas Field in the Persian Gulf, a parliamentarian said, indicating that there will be no backdoor deal with…
EconomyA new video game called ‘Battle in the Gulf of Aden 2’ was unveiled on Monday at the International Exhibition of Electronics, Computer, and E-Commerce (Elecomp 2017). Developed by Amytis Games,…
EconomyThe Telecoms Ministry is set to restart a project in four months to register all mobile phones.
“The ministry reached agreement with a contractor [name not mentioned] in mid June,…
EconomyLocal telecoms firms will have to file for bankruptcy if Telegram messenger’s telephone service is unblocked, according to the minister of communications and information technology.
EconomyA US company based in Wisconsin is about to become the first in America to offer microchip implants to its employees.
However, the new program by the firm has panicked Internet forums like…
EconomyFrench company Alstom is entering a joint venture with two Iranian companies to manufacture 1,000 subway wagons in three years.
EconomyAs their deadline looms, banks and credit institutions are signing agreements that legally bind them to hand over information about the bank accounts of taxpayers to Iran National Tax…
EconomyIn order to protect businesses against foreign exchange fluctuations and promote a relative stability in the forex market, the establishment of a currency futures market can be a…
EconomyWhile the average ratio of compliant banks' reserve requirements stood at 10.3% for the previous Iranian year to March 20, 2017, the more important figure is lenders' effective reserve requirement…
EconomyA government scheme, which aims to promote insurance specifically among motorcyclists, is gathering pace as thousands of insurance policies were sold in only a month, the director of Personal…
EconomyTehran Stock Exchange’s main index inched up 14 points or 0.02% to end Tuesday trade at 77,975.4.
More than 1.7 billion shares valued at $68 million changed hands for the day.
Pars…
EconomyEver since Iran proposed the Chabahar Port development project to India, several articles and papers have been published in the Indian media.
EconomyNational Iranian Copper Industries Company recorded its highest concentrate output in the last fiscal year (ended March 20, 2017) by producing 1.07 million tons of the material, recording a 9.51%…
EconomyFruit smuggling has declined by 90% since the fiscal 2013-14 when Hassan Rouhani first took office as Iran’s president, according to the managing director of Iran’s Confiscated Assets…
EconomyIran’s exports to Russia are slowly gaining momentum after a declining trend that saw the value of Iranian shipments to the northern neighbor declining from about half a billion dollars in the…
EconomyMobarakeh Steel Company has begun the production of carbon steel plates used in the production of fuel tanks for the first time in Iran, MSC’s manager for metallurgy and production affairs said.…
EconomyAbout 70% of the domestic demand for sports equipment are supplied by imports, the head of Producers and Sellers of Sports Equipment Union said.
Morteza Haqparast added that the machinery…
EconomyEU antitrust regulators are investigating allegations of a cartel among German automakers, a measure that could result in hefty fines for the companies.
The European Commission and its…
EconomyIran Khodro is set to introduce the emerging market destined Peugeot 301 sedan in the near future.
The 301 model will be assembled by IKCO under a joint-venture IKAP with the French…
EconomyTransportation officials in Tehran have made a long-awaited agreement related to renovation of the industrial transport fleet.
EconomySAIPA is set to unveil its new Tiba with a locally-designed electric-only engine, said Mehdi Jamali, the company CEO.
“The electric Tiba has been designed and sent overseas for tests,”…
EconomySouth Korean and Iranian private sector companies signed 10 memoranda of understanding on technology transfer on Sunday.
EconomyThe Trade Promotion Organization of Iran has allocated €250 million from the resources of the National Development Fund of Iran, which will be deposited in foreign banks for guaranteeing technical…
Economy

