The government has invested 170 billion rials ($4.5 million) in a subsidiary of Iran Khodro in the northern Mazandaran Province, according to the head of the production plant.
CEO of IKCO…
Economy
Economy
The 2017 Maruti Suzuki DZire is dropping the Swift prefix and will now be marketed simply as the ‘DZire’ in the Indian, Pakistani and Sri Lankan markets, according a report from Colombo. The small…
Economy
Reducing dependency on oil revenues and diversifying its income sources have been on the agenda of Iran's government for the past four years, the Iranian minister of economy said.
Economy
Iran is reviewing two major projects to engage in further leasing activities to develop its rail and air fleet, the minister of roads and urban development announced.
Economy
Bank Sepah plans to establish branches in China and South Korea since Iran’s trade value is considerably high with these two countries, said an official with Bank Sepah, adding that they already…
Economy
In a bid to attract foreign investments to Iran and pitch commercial opportunities to international bidders, Iran Privatization Organization is holding talks with UK investment banks and private…
Economy
Tehran Stock Exchange’s main index gained 29.40 points or 0.04% to end Sunday trade at 79,785.0.
More than 980 million shares valued at $52.2 million changed hands for the day.
…
Economy
Issuing foreign currency denominated bonds is Tehran Stock Exchange’s top priority for the current fiscal year (March 2017-18).
TSE's CEO Hassan Qalibaf-Asl made the announcement during the…
Economy
Iranian steelmakers produced 18.4 million tons of steel ingots during the previous fiscal year (March 2016-17), indicating an 11% growth compared to the year before, Iranian Steel Producers…
Economy
Changes in Iranians' purchasing power have been assessed between the fiscal March 2009-10 and March 2013-14, the first and final year of former president, Mahmoud Ahmadinejad's term in office, as…
Economy
Wary of US President Donald Trump’s tough talk on Iran, the European Union is courting Tehran to signal its commitment to a nuclear deal and holding out the promise of its economic payoff ahead of…
Economy
About 80,000 tons of tea are brought into Iran every year, 30,000 tons of which are contraband, the head of Iran Tea Organization said.
Economy
The average salary of teachers has seen an 85% rise since the fiscal March 2013-14–the year Hassan Rouhani took office as Iran’s president, an official with the Ministry of Education said.…
Economy
The inflation rate registered by the health sector’s Producer Price Index grew by 0.3% in the Iranian month of Farvardin (March 21-April 20) compared with the same month of last year to hit 17.4…
Economy
New air routes extending over 5,200 kilometers have been launched in Iran, the head of Iran Airports Company said. “This will bring the total length of Iran’s air routes to 15,000 kilometers,”…
Economy
The official representative of Samsung Electronics in Iran is set to launch the sales of two new phones on May 4.
The presale of the latest Samsung flagship smartphones – the Galaxy S8 and…
Economy
The Ministry of Communications and Information Technology has denied it has blocked the live streaming function part of Instagram called Instalive following reports on social media suggesting that…
Economy
Tehran will host the first Iran 3D Printing Contest from April 30 to May 3.
The Vice-Presidency for Science and Technology has organized the event that opened at the International…
Economy
Turkey has blocked online encyclopedia Wikipedia, the telecommunications watchdog said, citing a law allowing it to ban access to websites deemed obscene or a threat to national security.
Economy
French construction company Vinci SA has signed a contract with Iranian firm Kayson Inc. to invest in the development of two Iranian airports, Iran Chamber of Commerce, Industries, Mines and…
Economy
As Iran reaps the benefits of sanctions removal and reintegration with the global economy, its banking system is struggling to resume and normalize ties before international restrictions choked…
Economy
The Central Bank of Iran has published statistics announcing the volume of marriage loans allocated by the banking system from the fiscal March 2009-10 up to the end of the last fiscal year (March…
Economy
Money supply reached 12.53 quadrillion rials ($335 billion) to register a growth of 23.2% in the previous Iranian year that ended on March 20, 2017, down from a 30% hike in the year before, said…
Economy
The Central Bank of Iran is eager to increase the banking system's interaction and collaboration with the Iranian Cyber Police, as this would help electronic banking, CBI's governor said.
Economy
India’s presence in the strategically located Iranian port of Chabahar—New Delhi’s primary gateway to landlocked Afghanistan—is all set to get a big boost.
Economy
