Out of 1.4 million tons of vegetable oils imported to Iran annually, close to 760,000 tons are palm oil, according to a member of the Majlis Agriculture Commission, Abbas Papeyzadeh.
Palm…
Economy
A local ride-hailing service called TAP30 announced on Monday that users can now use a “robot” on messaging application Telegram to summon a ride, which marks the first such use of AI in the field…
Instagram has rolled out many new features this year and the latest features include live video and vanishing message—watch out Snapchat et al.
The new features, which are part of Instagram…
Brazil and Iran have developed a joint agenda for research and development in technology parks, nanotechnology and biotechnology to leverage synergies between the two countries, according to a…
An Iraqi delegation from the University of Babylon visited Tehran’s Amirkabir University of Technology to discuss the establishment of new research centers among other topics. Ahmad Shoushtari,…
Iran’s Minister of Communications and Information Technology Mahmoud Vaezi met with French Ambassador to Iran Francois Senemaud on November 17.
In the meeting, Vaezi called for accelerating…
A satellite built by Iran’s University of Science and Technology has been delivered to Iranian Space Agency and is ready for takeoff.
Mohammad Ali Barkhordari, the university’s rector,…
The mechanisms of economic development in Iran are not focused on reduction of air pollution.
That is the primary complaint of an editorial authored by business journalist, Ali Farahbakhsh…
A drug maker and an oil company, slated to go public this month (the Iranian month that started on Nov. 21), will be the vanguard of 37 listings planned by Tehran Stock Exchange for the next six…
Tehran Stock Exchange’s main index gained 40.40 points or 0.05% to end Monday trade at 79,319.0.
More than 431 million shares valued at $29.6 million changed hands for the day.
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The Securities and Exchange Organization has mandated companies to prepare their financial statements based on International Financial Reporting Standards for the current fiscal year (ends March…
The Iranian Privatization Organization will sell 12 trillion rials ($326 million at market exchange rate) of government-owned stocks this week, Jafar Sobhani, a consultant to the head of IPO, said…
The Export Guarantee Fund of Iran and Brazil’s fund for export guarantee (ABGF) signed an agreement to expand cooperation on information exchange, reinsurance, and coinsurance, aiming to help ease…
The Central Bank of Iran has published its latest report on the economic performance of the country for the six months ending Sep. 21. Although the report lacks important data such as the growth…
After years of isolation left them with outdated practices, banks in Iran are trying to fall in line with international norms of transparency, attract more business and integrate with the global…
The government has sufficient financial resources to implement the long-pending single foreign exchange rate regime, said Kamal Seyyed Ali, head of the Export Guarantee Fund of Iran.
Central Bank of Iran needs more authority to start merging banks, said Ali Divandari, head of the Monetary and Banking Institute.
It is barley planting season and the Agriculture Ministry is planning to increase the area under cultivation of the crop by 50,000 hectares to 1.75 million hectares this year, says Kaveh Khaksar,…
The presentation was as professional as that of a western company.
In its promotional movie clip, the state-owned Islamic Republic of Iran Shipping Lines was shown to be a modern, fully-…
Iran witnessed an 18% hike in the number of passengers using air transport during the seven months to October 21, said deputy minister of roads and urban development, Ali Abedzadeh. There has been…
Iran cannot afford to pay in cash for the order it placed with Airbus, says deputy minister of roads and urban development Asghar Fakhrieh-Kashan.
“We have not held any negotiations over…
Iran exported 876,000 tons of non-oil goods worth $333.5 million to the Republic of Azerbaijan during the seven months ending October 21, which indicates a 112% rise in value compared with last…
Chapman Taylor, a company of British architects, master planners and interior designers, has struck a number of deals in Iran to work on massive shopping center projects.
The practice…
A local Nissan dealership has launched the small crossover Juke in the Iranian market after a delay of months.
Jahan Novin Aria is offering the model in three variants: Skypack, Platinum…
The largest car manufacturer in the Middle East, Iran Khodro, has taken measures to establish a production site in Algeria by launching a joint venture with the African country called IKCO-Algeria…
