Iran’s mining sector requires $15.3 billion in foreign direct investment to meet the goals stipulated in the sixth five-year development plan (2016-21), the Iranian Mines and Mining Industries…
Economy
The average goods and services Consumer Price Index for urban areas in the 12 months ending September 21, which marks the end of the Iranian month of Sharivar, reached 8.8% compared with last…
Iran exported 57,500 tons of non-oil goods worth $4 million to the Philippines during the first four months of the current Iranian year (started March 20), registering a 63% decline in value…
As part of its corporate-social responsibility (CSR), Modiran Vehicle Manufacturing (known better by its acronym MVM), will be gifting Iranian medal-winning Olympians new vehicles. Iranian…
The Fifth International Tool and Die and Raw Material Exhibition is underway in Tehran (Sept. 26-29).
The event has been organized by SAPCO, the main automotive part supplier of Iran Khodro…
Some 20,000 people have applied for credit cards at Bank Melli Iran within two days of the launch of the nationwide plan, according to the bank’s website.
According to CBI’s statement on…
The directives for implementing construction quality insurance have been finalized, which require builders to guarantee the quality of construction for 10 years, said the head of Central Insurance…
A joint meeting of the Money and Capital Markets Commission and the Industries Commission of Iran Chamber of Commerce, Industries, Mines and Agriculture was held on Sunday to discuss the much-…
A leading producer of fertilizers in India Rashtriya Chemicals and Fertilizers has formed a joint venture with Indian firm Gujarat State Fertilizer Corporation and Iranian counterpart Faradast…
A free trade agreement between Iran and Pakistan will be finalized within the next three months, Iran’s ambassador to Pakistan said.
“Banking interactions between the two sides will resume…
Iran’s non-oil foreign trade during the first half of the current Iranian year (March 2016-17) amounted to $42.14 billion.
According to the latest report of the Islamic Republic of Iran…
A new round of talks with French plane manufacturer Airbus kicked off on Sunday in Tehran and will run through Friday, a deputy minister of roads and urban development announced.
China will invest $3 billion in Iran’s fishing industry, particularly cage-based aquaculture, as part of an agreement signed by Iran’s Agriculture Minister Mahmoud Hojjati and his visiting Chinese…
Tehran Stock Exchange’s main index gained 174.60 points or 0.23% to end Sunday trade at 77,081.5.
More than 1.1 billion shares valued at $84.8 million changed hands for the day.
Pars…
Using scrap metal recycled through traditional methods hampers steel production efficiency, increases the industry’s energy costs and causes water and air pollution, the head of Khorasan Razavi…
The Iran-Oman Economic Committee will hold its 16th session in Tehran on Monday.
The Omani side will be chaired by Minister of Commerce and Industry Ali al-Sunaidy.
Equities on Tehran Stock Exchange fell during the first half of the Iranian year, from March 20 to September 21, as automakers and chemical producers took a beating.
The exchange's main…
Iranian iron ore plants produced 1.25 million tons of direct reduced iron in August, registering a 5.46% rise year-on-year, the World Steel Association reported. Iran’s rising DRI output comes…
A new online delivery website which ships parcels to any place in Iran has been launched, building on the trend of the webinization of the local economy. Marsooleh, (parcel in Persian),…
Autonomous vehicle software startup nuTonomy has made rides on its self-driving taxis available to the general public in Singapore for free, expanding a first-in-the world run that was initially…
The second phase of the national web project will go into operation by next February according to a deputy at the National Cyberspace Center.
Cultural development is one of the most…
The Persian economic daily Donya-e-Eqtesad will organize a conference on infrastructure construction partnership in Tehran on November 2.
The conference will cover principles, criteria,…
A member of the Money and Credit Council says the parliaments' go-ahead for the government to use CBI foreign exchange resources to augment the capital of public sector banks can be effective in…
Banks in Iran officially started offering credit cards from Saturday as part of a nationwide scheme to help stimulate demand and replace the defective micro-lending methods prevalent in the…
Export Development Bank of Iran and Hungarian Export-Import Bank will soon sign a deal to start correspondent relations. Ali Salehabadi, the EDBI chief, said that the planned deal would help the…
