FANAP ICT Company, owned by Pasargad Financial Group, has received license to operate as a Mobile Virtual Network Operator (MVNO).
The government announced two years ago that companies…
Economy
Economy
The International Coordinating Council of the Man and the Biosphere (MAB) Program of UNESCO has named Iranian Amirhosein Mosavi as one of the recipients of the 2017 Young Scientists Awards.
Economy
Iran’s Qeshm Air has unveiled a preliminary agreement with Boeing to buy 10 B737Max passenger jets.
The airline’s CEO Mahmoud Shekarabi says the…
Economy
Two private Iranian airlines have signed memoranda of understanding with European aerospace giant Airbus to purchase a total of 73 brand-new jets.
Iran Airtour signed a deal for…
Economy
Iranian private bank Sina has opened accounts in the Spanish Ares Bank and Italian Banca Popolare di Sondrio, the bank’s website announced. According to a statement by Sina, the lender has…
Economy
Iran’s insurance industry has significantly improved in recent years, as its penetration rate grew by 0.5% to reach 2.2% during the year to March 20, 2017, said the president of Central Insurance…
Economy
The 27th annual Conference on Monetary and Foreign Exchange Policies will be held in Tehran on July 1-2 with a focus on financial stability, the head of Monetary and Banking Research Institute—the…
Economy
The Money and Capital Markets Commission of Iran Chamber of Commerce, Industries, Mines and Agriculture held a meeting on Saturday to weigh in on the requirements of the long-overdue plan to unify…
Economy
Tehran Stock Exchange’s main index lost 131.30 points or 0.17% to end Wednesday trade at 78,736.2.
Trading at TSE and Iran Fara Bourse startS on Saturday and endS on Wednesday.
About…
Economy
The stock market was dealing with a great deal of ambiguities during the last days of the 10th government (the second term of former president, Mahmoud Ahmadinejad), as petrochemical feedstock…
Economy
Iran’s Mobarakeh Steel Company boosted sales by 18.21% to 6.2 million tons in the last Iranian year (ended March 20, 2017), according to a Monday filing in Tehran Stock Exchange. The sales total…
Economy
Iranian steel mills produced 8.159 million tons of crude steel in the five months to June 2017, registering a 13.1% growth year-on-year compared with last year’s corresponding period, according to…
Economy
The promotion of domestic apparel is tied with preparing the cultural ground among consumers. In addition, offering good clothing quality and variety is indispensable to build trust.
…
Economy
About 1,500 tons of eggs have been exported to Afghanistan since April 2, the secretary-general of Iran’s Association of Producers of Egg-Laying Hen said.
Economy
Construction work on a 140-kilometer railroad in Khuzestan Province will start as soon as next month, the southern province’s governor general, Gholamreza Shariati, has announced. The new 3-…
Economy
The import of secondhand mining and road construction machinery by well-known international brands are permitted until the end of the current Iranian year (March 20, 2018) provided they are not…
Economy
Islamic Republic of Iran Railways has signed a deal with Esfahan Steel Company for the transportation of ESCO’s products to the southern port of Shahid Rajaee. Seyyed Morteza Aliahmadi, an…
Economy
Mahan Air’s direct Tehran-Barcelona flight begins on Thursday following a ceremony attended by officials from the two countries, Mahan Air’s marketing manager and head of Europe Operations said.…
Economy
Kia has unveiled the all-new Stonic mini-crossover as the brand aims to rival Nissan and other SUVs as more manufacturers jump onto the bandwagon of mini-crossovers.
The Stonic – a new…
Economy
Volvo will challenge Tesla Motors and BMW’s i sub-brand by turning its Polestar unit into a global stand-alone brand for high-performance electrified models.
“With Polestar, we are able to…
Economy
An Armenian licensed Cadillac Limousine was spotted by Financial Tribune in central Tehran, in a rare sign of American cars making a comeback. Cadillac used to be produced in Iran before the 1979…
Economy
Pars Khodro, a subsidiary of the second biggest domestic auto producer SAIPA, started the Ramadan feast sale of its latest Chinese-derived Brilliance models on Wednesday.
Two models from…
Economy
Irtoya, an unofficial dealership of Japan’s Toyota in Iran, has started presale of the recently launched Lexus crossover model without announcing the final price.
The dealership launched…
Economy
Tejarat Bank, a major Iranian lender, is to open a branch in Norway as banking ties with the Scandinavian country gathers pace, announced the Second Secretary for Economic Affairs with the Royal…
Economy
The agreement reached by two Iranian state-owned financial entities and a Cuban bank last year to restructure the Caribbean island’s debt has borne fruit, with Iran having received €6 million of…
Economy
