Nissan is recalling nearly 930,000 Altima midsize cars worldwide—some for a third time—to fix a latch problem that could let the hood fly open while the car is moving. The new recall covers cars…
Economy
Economy
The contract between PSA Peugeot Citroen and Iran’s national car producer Iran Khodro has been signed at last and the finer details are beginning to leak out via reports from the respective…
Economy
Tongyao YIN, president and CEO of Chery Automobile Company, as the only representative of Chinese auto industry, accompanied Chinese President Xi Jinping to Iran for a state visit on January 22.…
Economy
Tehran's markets have responded well to Iran's reconnection to international trade.
The foreign exchange market adjusted first, even before sanctions were lifted on January 16 and has been…
Economy
In the presence of the President Hassan Rouhani, and Italian Premier Matteo Renzi, SACE and the Central Bank of Iran signed a settlement agreement for the …
Economy
Bank Melli Iran will pursue Future Bank’s case through legal channels if Bahrain’s central bank decides to shut down the Iran-owned bank, Abdol Nasser Hemmati, the BMI chief said on…
Economy
Credit Agricole, Crédit Industriel et Commercial (CIC), Société Générale are prepared to restore ties with Iran, Valiollah Seif, governor of the Central Bank of Iran said on Friday.
“…
Economy
Capital Intelligence (CI), the international credit rating agency, has upgraded the long-term Foreign Currency Rating (FCR) of Export Development Bank of Iran (EDBI) to ‘BB-’ from ‘B+’ with the…
Economy
He came, he saw and he pocketed all the deals that matter. Chinese President Xi Jinping’s tour of Southwest Asia to Saudi Arabia, Egypt and Iran–could easily be sold anywhere as your typical…
Economy
More than 16.1 million tons of crude steel were produced by Iran’s steelmakers in 2015, indicating a 1.4% drop compared with the previous year’s output, according to World Steel Association’s…
Economy
Iranian asset-management firm Turquoise Partners plans to start a $200 million private equity fund with Swiss bank Reyl & Cie’s Dubai unit in the first half of the year, as the country opens…
Economy
Iran aims to become self-sufficient in wheat by improving yields but will continue to import maize and barley, Iranian Agriculture Minister Mahmoud Hojjati said during a visit to Paris on Thursday…
Economy
Iran exported fruit and dried fruit worth over $2.8 billion to Europe and regional countries in the current Iranian year (to end March 19), said a deputy agricultural minister. Mohammad Ali…
Economy
A container train linking China and Iran departed from Yiwu City in east China’s Zhejiang Province loaded with Chinese commodities on Thursday morning. According to the train’s operator, Yiwu…
Economy
Japan and Iran are expected to sign a bilateral investment treaty next week. Japan’s Foreign Minister Fumio Kishida and Iranian Economic Affairs and Finance Minister Ali Tayyebnia will sign the…
Economy
Italy’s Minister of Agricultural, Food and Forestry Policies Maurizio Martina is scheduled to visit Iran on February 9 and 10 at the head of a delegation comprising top officials from the European…
Economy
A local mobile phone importer and after-sales service company named Yas has unveiled ZTE’s mobile phone V6 in Iran.
The company, which holds the legal dealership of ZTE, held a seminar in…
Economy
Iran is taking preliminary steps toward leasing or buying commercial satellites and acquiring related technologies, according to industry officials familiar with the matter, another sign of…
Economy
TI Sparkle, the international services arm of Telecom Italia Group, has announced the signing of a memorandum of understanding with Telecommunications Infrastructure Company of Iran for the…
Economy
Hormozgan Steel Company and the multinational SMS Group signed a deal in Rome on Wednesday to raise the Iranian company’s slab production capacity from the current 1.5 million tons to 3 million…
Economy
The Second International Exhibition of Investment and Trading Opportunities in the Mining, Cement, Metallurgy and Related Industries opened on Tuesday at the Kish International Exhibitions Center…
Economy
Iran’s exclusive exhibition opened in Oman’s capital city of Muscat on Tuesday and will run through January 30.
The event aims to increase cooperation with Oman’s businesses to boost the…
Economy
South Korean’s POSCO plans to sign a preliminary agreement with an Iranian steelmaker identified as “PKP” in March to buy a stake in a $1.6 billion steel mill project in Iran. POSCO (formerly…
Economy
For the third year in a row, the government has proposed a tight budget, keeping spending constant in real terms.
Expenditures proposed for 2016/17 compared to the budget of the current…
Economy
Tehran Stock Exchange ended Wednesday trade flat, as the main index TEDPIX inched up 11.50 points or 0.02% to settle at 71,011 at the day’s close, a day after it surged more than 2,000 points to…
Economy
