French investigators have referred Fiat Chrysler Automobiles for possible prosecution over abnormal emissions of nitrogen oxide pollutants from some of its diesel engines, the government said.
Economy
Economy
In a deal with the Belgian firm Punch Powertrain, a CVT transmission manufacturing factory opened Tuesday in Zanjan, northwestern Iran.
The plant has been set up jointly by the…
Economy
Mellat Insurance, affiliated with Bank Mellat, is planning to establish Iran’s second life insurance company, said Alireza Ebrahimpour, Mellat Insurance’s CEO. Mellat is set to own a 20% stake in…
Economy
The Money and Capital Markets Commission of Iran Chamber of Commerce, Industries, Mines and Agriculture–known as the country's private-sector Parliament–has published a report on Iran's foreign…
Economy
Iran Insurance Company, the country’s biggest insurer, has come up with measures to boost its solvency, including plans for purchasing stocks of a major bank, the firm’s chief executive told a…
Economy
Bank Sepah will join the ranks of the few public-sector banks whose capital adequacy ratio meets the minimum standard when the Ministry of Economic Affairs and Finance allocates the approved funds…
Economy
The Agriculture Ministry has set a wheat production target of 12.6 million tons in the next Iranian year (March 2017-18), an official with the ministry said.
The target is part of the…
Economy
Ninety-three percent of all the raw vegetable oil in the domestic market is imported, according to secretary of Iranian Vegetable Oil Industry Association, Dariush Mahmoudi. “This is despite…
Economy
About 120 million tons of oil products and 10 million tons of non-oil goods were loaded and unloaded in the ports of Bushehr Province located in southern Iran, over the 10 months to January 19,…
Economy
Over 80% of tires imported to Iran come from China, says Abbas Abbasi, a member of the Association of Tire Manufacturers, adding that the 20% anti-dumping duty currently in place is not sufficient…
Economy
Iran’s Ministry of Agriculture believes Malaysia can have a better differential import duty for palm oil.
Announcing the above, the Malaysian government’s news agency Bernama said Malaysia…
Economy
Tehran Stock Exchange’s main index added 87.30 points or 0.11% to end Tuesday trade at 76,766.
More than 858 million shares valued at $45.7 million changed hands for the day.
…
Economy
Boeing’s agreement to sell 80 passenger jets to Iran may not be directly impacted by new US sanctions on Tehran, but the deal still could unravel.
This was stated in an article published on…
Economy
The Iranian government has finally caved in to pressure by the private sector calling for reduction of import duties on flat steel products due to local producers’ inability to meet downstream…
Economy
Iranian government officials and steel industry players met at Financial Tribune’s headquarters in Tehran on Tuesday to review the final agenda and general outlook for the Seventh Iranian Steel…
Economy
The government has issued 20 million bonds worth 3 trillion rials (about $780 million) at the over-the-counter Iran Fara Bourse to pay its debts to the Ministry of Education and those accumulated…
Economy
It seems Uber is serious about building flying taxis.
The online transportation network announced the hiring of former NASA engineer Mark Moore to kick-start its flying taxi project, Uber…
Economy
Visiting Iran’s Science and Technology Museum in Tehran will be free of charge on Thursday, February 9 to mark the anniversary of the 1979 Islamic Revolution. The museum has five main…
Economy
In line with policy to strengthen ties between universities and industries, Iran’s ICT Guild Organization—known as NASR Organization— signed a memorandum of understanding Monday with Tehran…
Economy
Iran’s third largest mobile operator, RighTel unveiled an indigenous mobile messaging application on February 6.
The application is named RighPhone and was unveiled during a…
Economy
Ever wanted to get so immersed in a virtual world that you can feel and smell it? Thanks to Koei Tecmo, you might be able to.
Japan’s Koei Tecmo showed off their new cabinet, called “VR…
Economy
Iran’s Ministry of Communication and Information Technology unveiled a second phase of the National Information Network (NIN) on February 6.
The event was held on occasion of the 10-Day…
Economy
Iranians used 73 million bank cards by Dec. 20, of which 68 million or 93.29% were debit cards, the latest official data revealed.
Gift cards and vouchers comprised 6.5% of the…
Economy
The Central Bank of Iran's new oversight plan for the banking system has employed the latest in international banking experiences and practices, announced the head of the much-anticipated scheme.…
Economy
The government's measures to plump up the capital cushion of public-sector banks will see the capital of Bank of Industry and Mine rise to 60 trillion rials ($1.5 billion), announced the bank's…
Economy
