In an underhand move Apple Inc. has once again removed applications of several Iranian companies from the company’s iOS App Store.
Economy
Bank Melli Iran issued 3,092 Islamic Treasury Bills worth over 47 trillion rials ($1.2 billion) during the first quarter of the current Iranian year (started March 21).
Mohammad Shariatmadari, industries, mining and trade minister-designate, has pledged to lower banks’ interest rates and overhaul the current system of determining foreign exchange rates to…
Iran’s Bank Refah, affiliated with the Social Security Organization, is planning to expand domestic and foreign operations, mainly by raising its capital by 80 trillion rials ($2.1 billion).
Minister of Roads and Urban Development Abbas Akhoundi, nominated to again head the ministry in the second tenure of the administration, was in parliament on Saturday to outline his plans.
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Iranian President Hassan Rouhani, who is beginning his second term after an overwhelming electoral victory in May, has promised to fix the economy but one huge obstacle stands in his way: deep…
Iranian airlines are placing massive orders for short- to medium-haul passenger planes, indicating Iran is a huge market for narrow-body jets.
Tehran Stock Exchange’s main index gained 213 points or 0.26% to end Saturday trade at 81,954.9.
About 1 billion shares valued at $72.33 million changed hands for the day.
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Major Iranian iron ore producers manufactured 12.49 million tons of iron ore concentrate during the first four months of the current fiscal year (March 21-July 22), registering a 28.3% growth…
German manufacturing company and leading global filtration specialist, MANN+HUMMEL, opened an office in Tehran and for the first time has its own representation in Iran.
The Qatari government has facilitated business trips for Iranians by issuing six-month visas for merchants and businesspeople from the Islamic Republic, Tehran Chamber of Commerce, Industries,…
Tehran will host the 26th Iran Handmade Carpet Exhibition from August 23 to 29, according to the website of Iran International Exhibition Company. The event, organized and sponsored by Iran…
Iran can help Syria accelerate its reconstruction and development projects, a senior Iranian trade official said.
Gilan Tourism and Racing Association has staged Iran’s first organized and regulated 400m drag race in Bandar Anzali.
Drag racing is a type of motor racing in which automobiles or…
Fiat Chrysler Automobiles is joining the self-driving alliance led by BMW Group, Intel and Mobileye, becoming the second automaker in the year-old group to opt to partner in developing an…
Iran’s commercial attaché in Islamabad led an economic delegation to the Pakistan Association of Automotive Parts & Accessories Manufacturers (Paapam) offices in Lahore last week to…
The government has passed new rules that require auto importers to scrap 2-8 old cars for each imported unit.
According to the ruling, “issuance of registration plates” will require…
Iranian banks returned 1.5 million checks worth 130.6 trillion rials ($3.4 billion) during the month that ended on July 22, the official website of the Central Bank of Iran reported. The number…
Governor of the Central Bank of Iran Valiollah Seif in a letter called on the chief executives of banks to prioritize financing small- and medium-sized enterprises in the current Iranian year (…
Top construction companies in Iran are mostly known for building luxury apartment, villas and malls in the northern districts of Tehran, but the sluggish market for expensive residential units…
More than 13,900 tons of butter worth 2.13 trillion rials ($65.73 million) were imported from six countries during the first four months of the current Iranian year (March 21-July 22), the…
The Iranian dairy industry is beginning to expand, as dairy companies now target export destinations such as Russia, according to DairyReporter, a French news service in dairy processing…
The First International Exhibition of Glass and Related Industries is scheduled to be held from August 23 to 26 in Tehran’s International Fairground.
President Hassan Rouhani has appointed Masoud Nili as his special aide in economic affairs and secretary of Economic Coordination Headquarters. Nili has been the president’s senior economic…
With 31 holding companies from the fields of industries, services and commerce, Iran is the biggest participant in the 59th edition of Damascus International Fair currently underway in the…
