Jahanro Industrial Group, a local manufacturer of motorcycles, is set to launch production of an electric motorbike jointly designed with Sharif University's Shahid Rezaei Research Center.
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
Elon Musk’s multi-billion dollar compensation package should be rescinded and the board of Tesla Inc should be overhauled to better protect investors in the electronic car company, according to…
Pergas Consortium is ready to fill the gap created by companies that will be forced to leave Iran's oil industry due to US sanctions that are set to return in a matter of…
Iran will use all possible legal channels to pursue its interest over Boeing’s decision to cancel its deal with Iran Air, the minister of roads and urban development said.
The government’s capital expenditure during the first two months of the current Iranian year (March 21-May 21) stood at 280 trillion rials ($6.66 billion), which constitutes 22% of this year’s…
There was nothing much going on in the Iranian capital market last week, as both Tehran Stock Exchange and Iran Fara Bourse were closed the entire week, except for Saturday and Sunday.
…
Major Iranian steelmakers exported 1.27 million tons of semi-finished and finished steel products during the first two months of the current fiscal year (March 21-May 21) to register a 25%…
China’s adeptness at doing business with Iran through state-owned companies not exposed to the American financial systems could make Beijing the big beneficiary of US President Donald Trump’s…
Bahar Azadi gold coin continued its upward trend to gain 800,000 rials ($19) over the four-day period ending Thursday, to close the week at 22.5 million rials.
Iran’s insurance companies absorbed 335.9 trillion rials ($7.96 billion) in premiums during the previous fiscal year that ended on March 20, 2018, up by 21.1% when compared with the year before…
After a bigger-than-expected rally in home prices in the first quarter of the current fiscal year that started on March 21, housing experts believe the one-off bull run will lose steam as the…
Ukraine and Iran are interested in deepening bilateral cooperation in the agricultural sector, particularly for increasing supplies of grains, vegetable oil, corn, barley and soybeans for…
Ministers from Germany, France and Britain have written to senior US officials urging them to protect European companies working in Iran from getting caught up in Washington’s new sanctions on…
Belarus and Iran are mulling over high-level interstate contacts in different fields.
The issue was discussed at a meeting between Belarus’ Deputy Minister of Foreign Affairs Andrei…
Iran Air is planning to launch Tehran-Sydney services later in 2018, using Airbus A330-200s. Speaking on the sidelines of the IATA AGM in Sydney on June 4, Iran Air Chairman and Managing…
In a move to support domestic production, the Islamic Republic of Iran Customs Administration will allow local producers to clear their raw material imports before they go through customs…
Deputy Roads and Urban Development Minister Abdolhashem Hassannia has criticized Turkmenistan’s unilateral decision to increase by 50% the tax on Iranian transit fleet. In a meeting with Turkmen…
Reports speak of a 73% slump in tablet imports following foreign currency rate fluctuations and a new crackdown on contraband tablet devices.
China’s securities regulator has received on June 7 an application from smartphone and connected device maker Xiaomi for its initial share offering in China, a filing on the regulator’s website…
A housing official said the recent meteoric rise in house prices in some of the districts of Tehran, which far surpassed the inflation, are not “real” and must decline.
Iraj Rahbar…
The Central Bank of Iran has agreed to significantly ease capital conditions based on which foreign banks will be able to establish a branch in the country's free trade zones, the secretary-…
The government has launched two offices to monitor and manage its piles of debts, a deputy at Plan and Budget Organization said.
According to Hamid Pour-Mohammadi, one such office…
Iran’s Ministry of Roads and Urban Development is pursuing the expansion of real-estate investment trusts (REITs) in collaboration with Bank Maskan, the agent bank of the housing sector.…
Tehran Stock Exchange’s main index gained 374.32 points or 0.39% on Saturday to end trading at 95,951.9.
About 801 million shares valued at $43 million changed hands at TSE for the day…
There seems to be no end in sight to the showdown between the government and miners over unprocessed mineral exports.
The High Economic Council ratified the proposal to slap export…
