On August 28, Iran officially launched the National Information Network. But its launching has raised questions among the concerned public while prompting officials to take a clear stance in…
Economy
Economy
For some odd reason, search companies feel the need to get involved in the self-driving car industry. Google is doing it, Baidu is doing it and Microsoft is also doing so to a degree. Now we have…
Economy
Iran has set up a plant for the production of stable isotopes, said the deputy head of the Atomic Energy Organization. Lauding the recent achievement, Asghar Zarean said Iran has now joined the…
Economy
Apple Inc has been sued by owners of iPhone 6 and iPhone 6 Plus smartphones who say a design defect causes the phones’ touchscreens to become unresponsive, making them unusable.
Economy
The Majlis Economic Commission approves lowering banking interest rates to 12%, but a prerequisite for that would be stabilization of the inflation rate, says the commission’s chairman.”We are in…
Economy
President Hassan Rouhani said Monday mortgage rates related to a signature mortgage scheme have been lowered to single digits.
“As a gift from the government to first-time homebuyers on the…
Economy
The chairman of the Industries Commission at the Iran Chamber of Commerce, Industries, Mines and Agriculture has demanded that details of banks’ non-performing loans (NPLs) be published.
Economy
The Central Bank Bill is set to improve the regulator's independence in various aspects, said the CBI vice-governor, Ali Akbar Komijani, elaborating on details of the Central Bank Bill and the…
Economy
A customs administration directive to raise import taxes met with fierce criticism from the Iran Chamber of Commerce, Industries, Mines and Agriculture on Monday. The controversial decision is…
Economy
Iran’s Foreign Minister Mohammad Javad Zarif wrapped up a whirlwind tour of six Latin American countries this week, aiming to strengthen trade and cooperation with the region. Emerging from the US…
Economy
Mianeh Steel Complex’s sponge iron plant will become operational by the end of 2016, said Mehdi Karbasian, the head of Iranian Mines and Mining Industries Development and Renovation Organization…
Economy
Mofid brokerage is the top provider of online trading services for Iranian stocks, Securities and Exchange News Agency (SENA) reported. The brokerage processed over 21% of all online trading in…
Economy
Mohammad Rajabi has been appointed as the new managing director of RAJA Rail Transportation Company by the Tourism Holding Company’s Social Security Organization (known by its Persian abbreviation…
Economy
Despite vast potential in dairy production, the country has been unable to secure export markets, according to veteran dairy producer Bozorgmehr Dadgar.
Economy
KLM says it will resume service to Tehran from October 30. Tehran will be the 14th new destination the flag carrier airline of the Netherlands has added to its network in 2016, Bahrain-based…
Economy
A trade delegation comprising representatives of the private sector is scheduled to visit Switzerland in mid September. During the 4-day visit, the delegation will survey opportunities for…
Economy
Iran exported 4.2 million tons of non-oil goods worth 2.17 billion to Turkey during the first four months of the current Iranian year (March 20-July 21), registering a 325% jump compared to the…
Economy
The Trade Promotion Organization of Iran has appointed four new commercial attachés to Nigeria, Algeria, the city of Basra in Iraq and Herat in Afghanistan. The new appointments bring the total…
Economy
The average Producer Price Index in the 12-month period ending August 21, which marks the end of the Iranian month of Mordad, rose 3.3% compared with last year’s corresponding period, according to…
Economy
More than 17.5 million tons of non-oil goods worth over $4.24 billion were exported from Hormozgan Province during the first five months of the current Iranian year (March 20-July 20), registering…
Economy
It seems the news regarding vehicle hacking continues to get worse, especially when it comes to products from Fiat Chrysler Automobiles.
Economy
The poor performance of auto part makers in the past years has caused a sharp decline in the quality of several car models that were once reliable, sturdy and easy to maintain, said an automotive…
Economy
Iran’s largest carmaker, Iran Khodro Company, has launched a scheme that will allow taxi drivers to receive new cars for scrapping dilapidated taxis, on the occasion of the National Government…
Economy
Chinese automaker BYD Co Ltd, backed by Warren Buffett’s Berkshire Hathaway Inc on Sunday predicted an up to 91% profit increase in the first nine months of the year, as government policies drive…
Economy
Ride-hailing companies Uber and Careem have suspended services in Abu Dhabi, the capital of the United Arab Emirates, since Saturday and do not know when they can resume operations, they said on…
Economy
