President Hassan Rouhani has called on the private sector to play a serious role in the economy, stressing that his government will ensure the business community benefits from the resources of…
Economy
Economy
When US President Donald Trump announced the reimposition of strongest sanctions against Iran on May 8, he also cast doubt over the survival of the country’s reinsurance deals with European…
Economy
Negotiations are underway with Latin American nations to expand the operations of a joint bank with Venezuela to cover the whole Latin America, a banking official said.
Economy
A few years ago, as a design director of Volvo Cars, Andreas Nilsson was given a blank piece of paper to design the first vehicles for Lynk & CO, the new brand planned by Volvo’s parent…
Economy
Tesla has begun to issue an over-the-air firmware update that CEO Elon Musk says will improve the car’s braking performance, after Consumer Reports chose not to recommend the car because of…
Economy
Iran’s major carmaker SAIPA has completed the third phase of a scheme which aims to help mitigate the depletion of underground water resources.
The plan allows the company to use 1,400…
Economy
The western Kurdestan Province accounts for 75% of Iran’s strawberry production, the head of Kurdestan Agriculture Jihad Organization said. Khaled Jafari also told Mehr News Agency that the…
Economy
Close to 200,000 tons of pistachios are estimated to be produced in Iran during the current Iranian year that started on March 21, marking a decline of 80,000 tons compared to last year’s…
Economy
More than 14,000 public complaints were filed against goods and service providers with the industries, mining and trade organizations of Iranian provinces in the first month of the current…
Economy
About 112,347 tons of products worth $36.78 million were transited through Parvizkhan border crossing in the western Kermanshah Province during the first month of the current Iranian year (March…
Economy
Agricultural exports from the southern Khuzestan Province stood at 37 trillion rials ($880 million) in the last Iranian year (ended March 20, 2018), the head of Khuzestan Agricultural Jihad…
Economy
According to the head of Iran’s Small Industries and Industrial Parks Organization, 360 small production units in Iran have been renovated since the beginning of the current Iranian year on…
Economy
A private Iranian courier service firm, Tipax, signed a memorandum of understanding with Qatar Postal Services Company to help boost e-commerce ties between the two countries last week in Doha…
Economy
The prices of foreign garments in the Iranian market have increased by 10-15% since the beginning of the current fiscal year on March 21, Majid Nami, a member of Iran Textile Exporters and…
Economy
Iran’s non-oil foreign trade during the two months of the current fiscal year (started March 21) stood at $14.53 billion, indicating an 11% rise compared with last year’s corresponding period.…
Economy
Increased lead exports in the first month of the current fiscal year (started March 21) over fluctuations in foreign currency market were a boon to producers but caused a shortage for local…
Economy
Tehran Stock Exchange’s main index lost 167.99 points or 0.18% on Sunday to end trading at 95,626.
About 1.73 billion shares valued at $55.10 million changed hands at TSE for the day.…
Economy
A number of truckers across the country have taken industrial action over the past week.
Minister of Roads and Urban Development Abbas Akhoundi had a five-hour long meeting with the…
Economy
The private Ayandeh Bank has continued its string of success and was recognized by Euromoney as Iran’s bank of the year in 2018.
The lender received the award in a ceremony held…
Economy
Majlis Research Center, the parliamentary think tank, has released its first comprehensive report on the current foreign exchange market situation and the reasons it was gripped by wild…
Economy
Following a very weak performance during the first month of the current Iranian year, Tehran's real-estate market has registered a healthy growth in the number of residential deals during the…
Economy
The Central Bank of Iran has decided to set up investment banks for meeting the funding requirements of the ailing production sector, the spokesperson of Majlis Presiding Board said.
Economy
Iranian startup SMS.ir has unveiled a new customer relations management platform that can assist firms with offering value-added services (VAS). Requiring a user verification code, the framework…
Economy
Iran’s cybersecurity authority has issued a warning against an imminent malware attack.
Economy
On the first day of GDPR enforcement, Facebook and Google were hit with a raft of lawsuits accusing the companies of coercing users into sharing personal data.
Economy
