The past two weeks saw the US dollar surge to a historic high in Tehran’s market, unleashing the usual panic emblematic of all currency upheavals elsewhere.
The occasion was reminiscent of…
Economy
Economy
Central Bank of Iran and Shaparak Company, Iran’s payment network supervisor, have required all payment service provider companies to use the newly-launched “Peyvand system” instead of the low-…
Economy
Mobarakeh Steel Company produced 3.74 million tons of crude steel during the eight months to November 21, registering a 7% rise compared with last year’s corresponding period, the company’s public…
Economy
Iran’s Mines and Mining Industries Development and Renovation Organization is looking to build on last year’s successful conference with a second event.
Last year’s conference in…
Economy
Bitzer, one of the leading companies in the area of refrigeration and air conditioning technology officially launched a subsidiary in Iran on Monday.
The German firm’s compressors…
Economy
A major pharmaceutical holding will go public by the end of this month, as part of a push to dampen the effect of upcoming corrections for equities.
Barkat Pharmed Co. was listed as Tehran…
Economy
Tehran Stock Exchange’s main index gained 17.50 points or 0.02% to end Monday trade at 80,081.2.
More than 1 billion shares valued at $68 million changed hands for the day.
Iranian…
Economy
Slapping duties on decorative stone exports will prevent the sector from growing and realizing its expansion goals, said a member of Iran Mine House on Sunday.
Economy
Former deputy of Islamic Republic of Iran Railways, Saeed Mohammadzadeh, has been appointed as the new head of the state-owned rail company, to replace Mohsen Pourseyyed-Aqaei who resigned in the…
Economy
Iran’s trade balance in the agriculture sector narrowed to minus $2.06 billion during the seven months of the current Iranian year (started March 20) from minus $2.2 billion for the corresponding…
Economy
Iran’s education sector is beset with many problems, shortage of funds being one of them.
Policymakers always justify their modest expenditure on education on the grounds that the…
Economy
As per the new budget bill submitted to the parliament by the government, those who are making less than 15 million rials ($384 at market exchange rate) a month, will be exempt from paying income…
Economy
Isfahan Province is hosting the 19th Exhibition of Persian Handmade Carpets, otherwise known as CARPEX 2016.
Economy
Representatives of 11 Spanish companies are scheduled to visit Iran during December 12-14 to meet their Iranian counterparts and discuss ways of forging cooperation.
Economy
The Iran-Chile Agriculture, Business Forum was held at Iran Chamber of Commerce, Industries, Mines and Agriculture’s headquarters in Tehran on Sunday.
Economy
Peugeot’s 207i, which is better known as 206+ in the European market, has re-entered production at Iran Khodro’s factory west of Tehran, according to Asbe Bokhar (Horse Power), a local automotive…
Economy
Renault’s subsidiary in Iran, Negin Khodro, says it will introduce two new models by April 2017, the company’s CEO Jamshid Hosseini said in a December 4 interview with a local automotive…
Economy
European automakers and third-party manufacturers rebounded in the third quarter after six months of decline. An increase in trade with Iran has helped certain French brands see a large uptick in…
Economy
Apple is wading in to the debate over regulation of self-driving cars, declaring it is excited about the potential for automated transportation and calling on US regulators not to restrict testing…
Economy
Kermanshah exported close to 3.9 million tons of goods worth nearly $1.3 billion during the eight months to Nov. 21, according to the director general of the western Iranian province’s Customs…
Economy
Chicken and egg exports have come to a halt due to an outbreak of the highly contagious H5N8 bird flu virus at farms located in the Tehran region, according to the chairman of the Association of…
Economy
Exports from Shahid Rajaie Port in southern Iran amounted to 5.3 million tons worth more than $1.6 billion during the eight months to November 21, registering a 47% and 33% increase in weight…
Economy
Iranian Minister of Economic Affairs and Finance Ali Tayyebnia met with Brazilian Minister of Mines and Energy Fernando Coelho Filho in Tehran on Sunday to discuss ways of broadening economic ties…
Economy
Iran exported $166 million worth of hand-woven carpets during the seven months to October 21, registering a 17% increase compared with the corresponding period of last year, according to the head…
Economy
Representatives of French firms are in Tehran this week to offer solutions in the fields of aerospace maintenance and airport infrastructure.
Economy
