Toyota is recalling 1.43 million vehicles globally for defective airbags, although it is not part of the massive recalls of Takata airbags, the Japanese automaker said on Wednesday.
Toyota…
Economy
Economy
Azim Khodro brokerage group, renowned in Iran for its national auto sales network, has purchased a 70% share of Zagros Khodro, as part of a deal to revive the southern-based auto producer's…
Economy
The Majlis Research Center says in a new report that the housing sector is not capable of acting as a driving force for the economy, saying that the apparent weakening purchasing power and large…
Economy
A senior member of the Central Bank of Iran’s Fiqh Council says the disclosure of deposits’ performance as part of the new financial statements by banks is not only an advantage but a necessity…
Economy
German and Austrian banks have opened $1 million -10 million in credit lines for Iranian business, said Asadollah Asgaroladi, a board member of the Iran Chamber of Commerce, Industries, Mining and…
Economy
Sarmad Insurance Company, affiliated to Bank Saderat Iran, has joined the Federation of Afro-Asian Insurers and Reinsurers (F.A.I.R.), the company website reported on Tuesday.
Economy
Tehran Stock Exchange’s benchmark index gained 447 points or 0.61% on Tuesday to end at 74,190.5.
More than 1.1 billion shares valued at $71.1 million changed hands for the day.
Yazd…
Economy
The International Exhibition of Stones, Mining, Machinery and Related Industries will be held in Tehran’s International Fairground on July 18-31.
Economy
Domestic demand for fixed income securities is rising. An agreement between banks to lower their borrowing rates has boosted demand for bonds even more, due to their higher rates compared to bank…
Economy
As western planemakers seek to finalize lucrative deals to sell some 200 jets to Iran, doubts are growing over the sale of a dozen Airbus A380 superjumbo jets to the country's national flag…
Economy
The Agricultural Jihad Ministry has bought 5.22 million tons of wheat worth 64,400 billion rials ($1.84 billion at market exchange rate) from local farmers so far in the current Iranian year (…
Economy
The UAE was the biggest destination for Iran’s saffron exports during the first two months of the current Iranian year (started March 20), accounting for 11 tons worth over $18.6 million out of…
Economy
The Producer Price Index in the 12-month period ending June 20, which marks the end of the Iranian month of Khordad (ended June 20), increased by 3.8% compared with last year’s corresponding…
Economy
Iran’s non-oil foreign trade in the first quarter of the current Iranian year (March 20-June 20, 2016) reached $19.47 billion. According to the Islamic Republic of Iran Customs…
Economy
A new service announced by the government will allow people to access online services via an Android mobile application. The "Favakade" app enables cellphone users to access e-services provided by…
Economy
Iran has purchased the rights to two geostationary orbit positions from the International Telecommunications Union, the deputy director of Iran's Space Agency announced.
In an interview…
Economy
Researchers at Babol University of Technology in northern Iran have synthesized a nano membrane that can facilitate seawater desalination. Zahid Dabbaghian, the project manager, described the…
Economy
Rolls-Royce is not limiting its robotic transportation plans to luxury cars.
The British transportation firm has outlined a strategy for deploying remote-controlled and autonomous cargo…
Economy
The US government has extended through August 30 a reprieve to ZTE Corp. on tough export restrictions imposed on the Chinese smartphone maker in March for allegedly breaking sanctions against Iran…
Economy
Outlining banks' newly updated accounting rules, the head of Monetary and Banking Research Institute of the Central Bank of Iran gave assurances that the new financial statements will steer the…
Economy
Some 36,900 homes were sold in Tehran during the three month ending June 20, showing a growth of 5.6% compared with the same period last year.
Economy
The Organization for Economic Cooperation and Development (OECD) has upgraded Iran's rating in the country risk classifications of the Participants to the Arrangement on Officially Supported…
Economy
Post Bank Iran, a state-owned commercial bank, has been tasked by the government’s to help fund job opportunities in rural areas. The bank is to receive 3 trillion rials ($98 million) in credit to…
Economy
Tehran Stock Exchange’s main index, TEDPIX, inched up 71.54 points or 0.10% to close Sunday trade at 73,743.50.
Close to 950 million securities valued at $62.3 million were traded in the…
Economy
Eleven million people live in informal settlements across Iranian metropolises, says a board member of the Urban Development and Revitalization Organization (UDRO), affiliated to the Ministry of…
Economy
