Members of Iran Chamber of Commerce, Industries, Mines and Agriculture will vote today to pick a new president. This is while as of Saturday no one had announced candidacy for the top job, which…
Economy
Talks are underway for launching a special bank for cooperatives to increase the share of cooperatives in financial markets and in keeping with the Fifth Five-Year Development Plan (2011-16),…
Insurance Research Center, affiliated with the Central Insurance of Iran, has recently crafted the draft version of a comprehensive set of measures for promoting commercial insurance, as part of…
Sina Bank, EN Bank, Parsian Bank and Tourism Bank on Thursday signed an agreement to share knowhow for boosting the quality of banking services, especially in the area of electronic banking. The…
The Central Bank of Iran is planning to launch a foreign currency bourse in the banking system, probably after the unification of foreign exchange rates by the end of the current Iranian year (…
Starting from today (Sept. 4), Austria’s national carrier will fly three times a week to the Iranian commercial center of Isfahan, Aviation Tribune reported. The airline will operate an Airbus…
A memorandum of understanding was signed between Iran’s Agriculture Ministry and the International Center for Agricultural Research in Dry Areas (ICARDA) on Saturday. “Based on the MoU, rain-fed…
Tehran is hosting four international exhibitions this week.
Isfahan’s Chamber of Commerce, Industries, Mines and Agriculture and Ukraine’s Kherson Chamber of Commerce and Industry have agreed for firms in Isfahan active in agribusiness to lease 500…
Perpetuation of the fiction that engineering approaches are workable in social interactions, including economic interaction, must be consigned to history.
Tehran Stock Exchange's main index shed 420.90 points or 0.55% to end Saturday trade at 76,747.
More than 458 million shares valued at $58.7 million changed hands for the day.
Pars…
Iran exported more than 267,200 tons of non-oil goods worth $82.3 million to Egypt during the first four months of the current fiscal year (March 20-July 21), registering a 45% decline compared to…
Contraband worth 600 billion rials ($16.8 million) was confiscated during the first four months of the current Iranian year (March 20, June 20), an 80% rise compared to the same period last year,…
Steel prices in Iran dipped slightly over the past week, despite signs of a pick-up in construction activity.
The 3rd National Iranian Coal Congress ended in Semnan Province last week. The two-day event was organized with the aim of bringing together producers, industry researchers and academia to discuss…
Driverless minibuses will begin taking passengers in the eastern French city of Lyon at the European weekend in a yearlong experiment that officials are calling a “world first”. The two electric…
Ford Motors has shelved plans to produce a new compact car designed mainly for emerging markets like India and China, industry sources said, reflecting disappointing sales of mainstream models in…
Iran’s Ambassador to Pakistan Mehdi Honardoust and Chairman of the Pakistan Automotive Manufacturers Association Sohail Bashir Rana exchanged views on ways of expanding cooperation in the auto…
Majlis Speaker Ali Larijani asked bankers to set easier repayment terms for debtors and forgive fines for late loan repayment, especially for creditworthy customers.
Iran’s cement sector is far from its past glory. Low domestic demand due largely to the feeble construction sector and the loss of key export destinations such as Iraq have caused the industry to…
Expansion of Middle East fleets goes on apace as more self-sufficiency is sought to cover expanding crude, chemical and products exports. At a steady rate, high-specification newbuildings are…
Equities had a mixed week in Iran, as Tehran’s two exchanges diverged in direction while the rial further weakened in foreign exchange markets.
Non-oil exports to the Netherlands during the first four months of the current Iranian year (March 20-July 21) stood at 5,400 tons worth $11.6 million, which indicates a 21% decline in value…
State-run Shipping Corp. of India Ltd., struggling for respite from an industry downturn, plans to revive a 40-year-old joint venture with Islamic Republic of Iran Shipping Lines.
Reforming the process of issuing bank licenses is one of the measures that could help expand relations with international banks, the Central Bank of Iran’s director general for banking regulations…
