The implementation of the nuclear deal reached between Tehran and world powers will pave the way for the copper sector to see an increase in foreign direct investment, says head of Iran Mines and…
Economy
The Iranian government would like to attract foreign partners and import new technologies and standards in several sectors, an international business development manager said.
Tehran Stock Exchange’s overall index gained 1,598 points or 2.60% to settle at 63,175 during the Iranian month that ended on October 21.
The First Market Index and the Second Market Index…
General Motors' Opel division denied violating European pollution standards after green activists claimed the automaker's Zafira minivan had excessive NOx emissions.
Toshiba is preparing to sell its image sensor operations to Sony in a deal estimated at around $165 million, reports said Saturday. The reported deal could include sales of production facilities…
One Planet Ops Inc., a US-based hybrid firm combining operating technology companies, angel fund and a startup business incubator, has been launched in California.
Sweden’s biggest bus producer Scania AB wants to invest in Iran when economic sanctions are lifted. “We are ready,” Scania spokesman Hans-Aake Danielsson said by phone on Wednesday.
China’s National Building Material Company and Industrial Development and Renovation Organization of Iran, affiliated with the Industries Ministry, signed a $74-million contract to build a…
Iran’s Consulate General in Hamburg, Abbas Badakhshan, head of Iran National Carpet Center, Hamid Kargar, head of the Association of Iranian Carpet Importers in Europe, Bahram Tahbaz, and 50…
Iran is ready to start shipping cheese to Russia, a little over a year after Moscow imposed an embargo on dairy products from most European countries, a Russian agricultural official said on…
When recession hits hard, economists from different schools waste little time in demanding government intervention. Here, however, the neoclassical economists are the exception, as they believe…
About 400,000 tons of steel were exported by Esfahan Steel Company, located in Isfahan Province, to 25 countries, including France, Turkey, India, China and Saudi Arabia, during the first half the…
The landmark nuclear deal reached between Iran and the United States and other world powers sets out arrangements for handling that issue, but it leaves open many other questions about…
Tehran Stock Exchange ended Wednesday’s sluggish trade in green as TEDPIX climbed 33 points or 0.05% at the day’s close to settle at 63,175.
The ongoing recession in the domestic market is to a great extent the offspring of the plunge in production. Hassan Sobhani, a senior economist, listed psychological factors, the slump in…
The latest insurance report from the Business Monitor International suggests Iran is offering significant long term growth potentials in the insurance industry. Having a large population in…
The Money and Credit Council on late Tuesday ratified a government plan of action to check the growing recession and stimulate growth.
MCC members gave a nod to Central Bank of Iran's…
The government intends to boost the housing market through renovation of 300,000 residential units in distressed urban and suburban areas. According to the Urban Development and Revitalization…
Japan insurance industry representatives met with Noushin Khataei, head of the Iran Central Insurance Company for reinsurance affairs, the CII website reported. Khataei explained the current…
Toyota said Wednesday it was recalling 6.5 million vehicles worldwide over a power window glitch that presented a fire risk, the latest in a string of such moves by the Japanese auto giant.
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Iran Khodro has begun exporting vehicles to Algeria based on a memorandum of understanding signed by the two sides.
Saeed Tafazzoli, IKCO's deputy for export, said the…
The presale of Haima S7 SUV has officially started, with Iran's largest car producer, Iran Khodro, slated to begin sales across the country in the coming weeks.
According to Mostafa…
SAIPA's manufacturing line in Iraq is set to increase the production of its Tiba model tenfold by the end of the current Iranian year (March 2016). The company began production in Iraq in 2014,…
The Philippines is racing to supply Iran with bananas despite the difficulties posed by El Nino to Filipino banana growers, an official of the Southeast Asian country’s Department of Trade…
Afghanistan’s Mines and Petroleum Minister Davood Shah Saba called for Iran’s investment in Afghanistan’s mining industry.
