The Iranian government is on a fast track to tackle the issue of unprocessed mineral exports.
Various mineral processing plants are being established in rapid succession to create further…
Economy
Economy
Tehran Stock Exchange’s board of directors has got a new chairman and vice chairman. Representatives of majority shareholders in the company also extended Chief Executive Hassan Qalibaf-Asl’s term…
Economy
Financial Tribune’s parent company Donya-e-Eqtesad Media Group, and China’s Guangzhou Daily Group signed a memorandum of understanding on Monday in Tehran, allowing each side access to the other’s…
Economy
Central Bank of Iran has required banks to safeguard the confidentiality of their customers’ information, unless for cases involving a judicial order. Valiollah Seif, the CBI governor, write this…
Economy
Point-to-point inflation will again jump to double digits before the current fiscal year is out (March 2017) but is no cause for concern, says the research director of the Monetary and…
Economy
Following the imposition of financial sanctions in 2012 by the US for its nuclear program, it was almost impossible for the west to do any business with Iran. Those sanctions were lifted earlier…
Economy
A little less than a year has passed since the lifting of the nuclear-related sanctions on Iran. Many were expecting an immediate lift in markets with the removal of the economic sanctions,…
Economy
The government plans to slap duties on unprocessed iron ore exports as of the next Iranian year (to start March 20, 2017). This is while the industry players contend that exports are their last…
Economy
Tehran Stock Exchange’s main index gained 293.00 points or 0.37% to end Monday trade at 79,314.5.
More than 898 million shares valued at $65.1 million changed hands for the day.
…
Economy
The Pakistan government has announced its decision to lease Pakistan Steel Mills to a Chinese or Iranian company amid the absence of an investor needed to complete the privatization. Privatization…
Economy
Primary aluminum ingots originating from Iran are still on offer in the Turkish market below the prevailing market price.
Economy
Ghadir Investment Company is aggressively expanding its operations and size in capitalizing on the lifting of sanctions against Iran.
By raising capital and investing heavily in multiple…
Economy
As much as it sounds flashy, it is real. Germany is willing to connect with Iran in achieving the marriage of technology and industry, otherwise known as “Industry 4.0” or the fourth industrial…
Economy
The Tourism Holding Company has received proposals from renowned international groups to build 30 hotels in Iran.
Economy
Close to 1.7 million tons of non-oil goods valued at $670 million were exported to Japan during the seven months ending October 21. The export value stood at a meager $23 million in last year’s…
Economy
Iranian firms manufactured more than 111,000 tons of tires and inner tubes during the first half of the current Iranian year (started March 20), which indicates a 14% rise over last year’s…
Economy
Iran-Iraq border crossings of Mehran in western Ilam Province and Shalamcheh in southwestern Khuzestan Province will be closed to cargo transportation from November 14 to 21, as the number of…
Economy
Iran’s Minister of Roads and Urban Development Abbas Akhoundi met with his Chinese counterpart, Li Xiaopeng, in Beijing on Monday to discuss avenues of expanding cooperation in the transportation…
Economy
Iran Khodro was followed by its main rival, SAIPA—the second largest auto manufacturer in Iran—in terms of cars sold in the Iranian market.
Donya-e-Eqtesad, the sister newspaper of…
Economy
Iran Khodro is looking beyond traditional markets and is keen on marketing its low-cost vehicles in the Nigerian market.
Olusegun Awolowo, director of Nigerian Export Promotion Council,…
Economy
As long as the Iranian National Standards Organization certifies the quality of a car, its production should not stop.
Nayyereh Pirouzbakht, the head of INSO, noted that there are a set of…
Economy
China’s Great Wall Motor, the maker of the communist country’s top-selling sport utility vehicles, plans to launch a new high-end brand next week, the latest attempt by a Chinese automaker to…
Economy
The two largest Iranian auto manufacturers, Iran Khodro and SAIPA, owe 40 trillion rials ($1.1 billion) to parts manufacturers, according to officials at a recent press conference.
Economy
Pars Khodro, a subsidiary of SAIPA, plans to bring another Chinese-derived Brilliance model to Iran in January. The new car, which is part of the same family of the other Brilliance models,…
Economy
Addressing renewed calls for dropping three zeros from Iran’s national currency, Ali Tayyebnia, the economic minister, supported the move. He, however, was soon to add that the time is not…
Economy
