A number of domestic insurance firms have shown interest in spinning off their life insurance operations into separate entities, said Abdolnasser Hemmati, the president of Central Insurance of…
Economy
The Iranian steel industry and its upstream sectors exported over 3.84 million tons valued at $1.56 billion of industrial materials to 20 destinations during the eight months to November 20.…
Iran’s banking relations with the world will improve by the end of the current fiscal year in March, the deputy for international affairs at the Iran Chamber of Commerce, Industries, Mines and…
In a decade, the majority of Iranian real-estate deals will take place through the Internet, the head of Tehran Association of Realtors said.
The CEO of the international advisory firm Roedl & Partner from Germany–who has just opened his Tehran office–said that after the lifting of sanctions, a more clear image of Iran is being…
Iranian banks’ lending has declined in recent months, said Parsian Bank’s chief executive who is also the head of Iranian Private Banks and Credit Institutions Association.
Mehdiabad Lead and Zinc Complex produced 594,905 tons of lead and zinc lumps during the nine months to December 20, registering a 31% rise compared with last year’s corresponding period. The…
The government has sharply reduced tariffs on the import of meat and agricultural products, including rice and sugar, to keep prices in check in the runup to the new Iranian year (starting March…
Iran’s share of the global halal market is meager, the former secretary-general of the Federation of Iranian Food Industry Associations said.
“It is estimated that Iran’s share of the $2…
Close to 4,000 people lost their jobs when Plasco, a 17-floor commercial high-rise in downtown Tehran with close to 560 production units and sales outlets producing apparel, shoes and sportswear,…
The government of President Hassan Rouhani has invested 6 trillion rials (about $156 million) on the mechanization of rice production, said an official with the Ministry of Agriculture, describing…
Japan’s Kubota Corporation introduced Diesel Motor Bakhtar Company as its exclusive representative in Iran in a meeting held with top managers of agricultural jihad organizations of Iran’s…
An Iranian exhibition opened in Oman on Monday under the patronage of Minister of Commerce and Industry Ali bin Masoud al Sunaidy and in the presence of Iranian Minister of Industries, Mining and…
Peugeot in the UK has launched an online buying site for all their models – Order Online by Peugeot – with everything from part exchange to finance.
“Order Online by Peugeot” promises to be…
The production line of a newly formed joint venture between Volkswagen and the Iranian automotive company Mammut Khodro will be launched by the end of the current Iranian fiscal year that ends in…
New details have been released about SAIPA's upcoming sedan model SP100.
The future car is being designed on SAIPA's SP1 platform and will come with an automatic gear box, electronic power…
The 13th edition of the International Isfahan Auto Show opens on January 24. Like previous editions, the four-day expo will bring together leading local auto manufacturers and importers, YJC…
Iranian banking system doled out 3,825 billion rials ($99.77 billion) to various business sectors during the nine months to December 21, marking a 43.5% growth compared with the same period of…
The Central Bank of Iran is required to take measures for regulating the operation of bureaux de change operators by the end of the current Iranian year on March 20, said First Vice President Es’…
In a ceremony held to commemorate the 133rd anniversary of the founding of one the most important private sector establishments in the history of Iran, 23 individuals were awarded the Amin al-…
Azerbaijan and Iran have started discussions on the integration of the two countries' bank cards systems, local media reported, citing the Central Bank of Azerbaijan.
One of the…
A specialized committee will be established to assist some 560 production units formerly active in the now-leveled Plasco building to get back on their feet by resolving their insurance, banking…
About two months after a bird flu outbreak hit Iran’s poultry farms, the Society of Day-Old Chicken Producers is warning that the situation might lead to a “catastrophe”, urging President Hassan…
Iran’s sugar production is estimated to exceed 1.52 million tons by the end of the current fiscal year (March 20, 2017), an official with the Ministry of Agriculture said.
“Domestic demand…
Steel, zinc and gold trade was on the rise during the three quarters of the current fiscal year (March 20-December 20, 2016) at Iran Mercantile Exchange, Iranian Mines and Mining Industries…
