Sina Food Industries Development Holding Company is set to put up a block share in its subsidiary Glucosan Company for sale on Tehran Stock Exchange on August 18 for the third time.
Economy
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In the face of the upcoming US sanctions, Scania’s chief says the company is working on a contingency plan so as to deliver shipments of spare parts to its Iranian partners in an effort to help…
As part of a push to expand SAIPA’s presence overseas, Iranian ambassadors to Venezuela and Algeria visited the automaker’s production facilities and R&D center over the weekend.
“…
Nissan Motor Co said on Friday it agreed to sell its electric car battery unit to Chinese renewable energy firm Envision Group for an undisclosed sum. The announcement comes after Nissan…
The government's new package to salvage the volatile currency market agrees with the lawmakers' own plans for strengthening the rial, the chairman of Majlis Economic Commission said.
As Iran continues to battle a currency crisis mainly brought about by expectations of worsening international ties because of the reimposition of US sanctions, the country’s housing market has…
Germany’s central bank, Bundesbank, has revised its regulations to stop Iran from withdrawing €320 million ($400 million) in cash from the country’s bank accounts.
Under the new…
Iran’s intelligence forces disbanded a criminal ring on Thursday involved in foreign currency and gold smuggling. Coordinated security operations across the northwestern province of West…
After weeks of tepid performance, a wave of good news regarding changes in the government's foreign exchange policy heaved stocks to heights never seen before.
Overall, TSE's all-share…
Minister of Industries, Mining and Trade Mohammad Shariatmadari is scheduled to inaugurate Iran’s first iron ore beneficiation plant in Kerman Province on Saturday, his deputy Masoud Karbasian…
Following US President Donald Trump’s May 8 decision to withdraw from the Joint Comprehensive Plan of Action, the United States has embarked on a “maximum pressure” campaign against Iran.
Prices in the Iranian semi-finished steel export market decreased somewhat in the week ended August 1 because buying activity in the major outlets was limited by the imminent renewal of US…
Iran exported 536,549 tons of watermelons worth $98.97 million during the first four months of the current fiscal year (March 21-July 22),the Islamic Republic of Iran Customs Administration’s…
People and the Iranian Red Crescent Society donated a total of 4,000 billion rials ($90.9 million) to the quake-hit Kermanshah, the provincial governor of the western Iranian province said.…
Iran’s largest holding, Social Security Investment Company has announced plans for privatizing its subsidiaries.
SSIC, also known by its Persian acronym Shasta, says it will sell a 16%…
The Ministry of Industries, Mining and Trade issued 4,653 industrial establishment permits during the first three months of the current fiscal year (March 21-June 21), registering an increase of…
About 3,144 tons of cardboard worth $6.36 million were imported into Iran from 17 countries during the last Iranian year (March 2017-18), based on figures released by the Islamic Republic of…
Iran traded 10,231 tons of non-oil commodities worth $6.93 billion with China during the first four months of the current fiscal year (March 21-July 22), registering an 11.61% decrease in…
Online retail giant Amazon.com Inc, whose entry into Australia last year rattled established bricks-and-mortar retailers, posted a modest loss in its earliest days in the country, corporate…
As expected, the first major test flights for Boeing and SpaceX’s new passenger spacecraft have been delayed again. Following an engine test mishap, Boeing’s CST-100 Starliner will likely…
The export of all kinds of refined vegetable oils has been banned since July 31.
This was announced by Industries Minister Mohammad Shariatmadari in a directive sent to the Iranian…
The fear of raw material shortage has led producers of home appliances to scale down their output, the head of Iran’s Home Appliances Association said.
Mohammad Tahanpour was elaborating…
India’s first consignment of pulses to be sent to Afghanistan arrived at Iran’s southeastern port of Chabahar on Wednesday, the news outlet of the Ministry of Roads and Urban Development…
Iran traded 248,036 tons of non-oil commodities worth $105.96 million with Egypt during the first three months of the current fiscal year (March 21-June 21), registering a 72.03% and 140.73%…
Photos of at least six brand new ATR 72-600 turboprops made for Iran in the vicinity of Toulouse-Blagnac Airport have surfaced on aviation media outlets in recent days, raising hopes for the…
