Iran was elected deputy head of the Council of Asia-Pacific Furniture Association (CAFA) for two years during the 20th annual forum of the council held in Tehran on December 14.
Economy
Economy
Renault imported 93,798 fully built and CKD units to Iran during the first 11 months of 2016, Tasnim News Agency reported on December 18. The imports indicate a 146% year-on-year increase on…
Economy
Turkey's Otokar Otomotiv ve Savunma Sanayi A., otherwise known as Otokar, has signed a deal with Iran's Oghab Afshan Industrial and Manufacturing Company for the sale of its Navigo buses in…
Economy
The inauguration ceremony of Iran Khodro Company’s first showroom in the Armenian capital, Yerevan, was held December 18, IKCO said in a press release.
The Dena, Runna, Soren and Arisun…
Economy
Nissan, Renault and Mitsubishi are working on a new platform, which will be used for their electric vehicles soon, reports Nikkei.
Economy
The US dollar was exchanged for 39,450 rials in Tehran’s market on Sunday, slightly up from the previous day’s close, according to the Association of Bureaux de Change Operators of Iran…
Economy
The plan to prepare the ground for Iranian bank cards to be used in other countries will be implemented at the beginning of the next fiscal year in March, announced the deputy for innovative…
Economy
It is not possible to pressure banks into lowering the rate of return on their investment funds, as the sector is not prepared for such measures, an official of the Monetary and Banking Institute…
Economy
The Central Bank of Iran's plan to overhaul its financial oversight regime will increase the effectiveness of supervision over banks and provides the infrastructure for the complete implementation…
EconomyThe revised version of Banking Reform Bill will be presented to top clerics–known as Marja’ or sources of emulation–ahead of being put to a final vote in the parliament, announced the head…
Economy
The parliament reached consensus on the outlines of the Sixth Five-Year Economic Development Plan (2016-21) on Sunday.
The five-year economic development plans are medium-term roadmaps…
Economy
Around 64.3 million tons of goods were loaded and unloaded in Hormozgan’s ports during the eight months to November 20, registering an 11% rise compared with last year’s corresponding period,…
Economy
The deal with French plane manufacturer Airbus for purchasing more than 100 jets will be finalized by Friday, Minister of Roads and Urban Development Abbas Akhoundi said. “The number of planes and…
Economy
Iran exported 615,500 tons of non-oil goods worth $355.1 million to Italy during the eight months ending November 20, registering a 12% decline in value compared with last year’s corresponding…
Economy
The Iranian Red Crescent Society considers the increase in budget allocated to the organization for the upcoming fiscal year (2017-18) as meager and insufficient.
The government has…
Economy
Stock options were unveiled for the first time on Tehran Stock Exchange on Sunday.
Options are contracts that allow you to buy the right to sell or buy a security or a commodity at a future…
Economy
Opponents of the nuclear deal, formally known as Joint Comprehensive Plan of Action, often claim that it has not borne any economic fruit for Iran.
Economy
Tehran Stock Exchange’s main index gained 25.40 points or 0.03% to end Sunday trade at 80,709.
Over 665 million shares valued at $40.1 million changed hands for the day.
Pars Tile…
Economy
Roads and Urban Development Minister Abbas Akhoundi questioned the fairness of Iran state TV coverage of Wednesday’s open session of the parliament in a letter to the director general of the…
Economy
Iran possesses one of the most untapped yet most important mineral resources of the world.
The country is home to 7% of global mineral reserves, encompassing some 68 minerals and more than…
Economy
The Securities and Exchange Organization has filed a lawsuit against Electricity Meter Manufacturing Company, known as SKI, for “refraining from disclosing critical information to the SEO” and…
Economy
Researchers at Iran’s Amir Kabir University have developed a “brain stimulator” or trans-cranial direct current stimulation (tDCS) which can be used in treating Parkinson’s patients, Mehr News…
Economy
A survey conducted by Iran’s Communications and Information Technology News Agency (CITNA) on how people in November/December 2016 source their news content in Iran marks a worrying era for the…
Economy
The University of California, Berkeley’s network of smartphone earthquake detectors has recorded nearly 400 earthquakes since the MyShake app was made available for download in February, Eureka…
Economy
The US Treasury Department’s Office of Foreign Assets Control on Thursday revised its Frequently Asked Questions guidance that concerns the reimposition of sanctions in the event of a…
Economy
