Iran exported about $4.5 billion worth of goods to Turkey during the seven months ending July 2017, registering an 80% rise compared with the corresponding period of last year, the Turkish…
Economy
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Economy
The National Competition Council says it will introduce a new mechanism for overseeing operations of ride-hailing services.
It is to announce a pricing system for services offered by…
Economy
Twitter is making some minor changes to its terms of service for users outside the US this October and a lot of people are rather upset about them.
What seems to be the trigger here is…
Economy
The Ministry of Communications and Information Technology is in talks with the judiciary to acquire permits to unblock the Telegram voice calling feature in Iran.
Economy
Huawei is delving into the world of artificial intelligence by introducing its first AI-enabled mobile processor.
Economy
The twin banking reform bills devised by the government are now being assessed in Majlis Economic Commission and will be ratified in open sessions by December, a member of the commission…
Economy
In his latest directive to the chief executives of banks, Governor of the Central Bank of Iran Valiollah Seif has laid down guidelines on how to spend any absorbed foreign finance to optimally…
Economy
President Hassan Rouhani’s Cabinet has allowed the Central Bank of Iran to engage in negotiations and sign the “agreement of the host country” required for the ECO Trade and Development Bank to…
Economy
The Islamic Republic of Iran Customs Administration announced on Monday that rice importers have until Friday to clear their shipments from customs terminals.
Rice imports are banned in…
Economy
More than 1,520 tons of sesame seeds worth 71.27 billion rials ($2.2 million) were imported during the fourth month of the current fiscal year (June 22-July 22), the Islamic Republic of Iran…
Economy
Close to 450 tons of dairy cattle worth more than 51.1 billion ($1.58 million) were exported from Iran to four countries during the first four months of the current fiscal year (March 21-July 22…
Economy
Three international exhibitions opened simultaneously in Tehran International Fairground on Monday and will run through Thursday.
Economy
More than 4 million tons of goods were transited in Iran during the first five months of the current Iranian year (started March 21), registering a 24% increase compared with the corresponding…
Economy
The Islamic Revolution Mostazafan Foundation will pull out of the hospitality sector and divest its assets, as decreed by the Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei, the…
Economy
Tehran Stock Exchange’s main index added 106.90 points or 0.13% to end Monday trade at 83,452.1.
About 856 million shares valued at $57.71 million changed hands for the day.
…
Economy
Investing in stocks is an inherently risky business and it is the promise of sweet returns that attracts capital. In Iran, however, the risks are on a different plane of existence. They are…
Economy
An institutional stakeholder in Bank Mellat is scheduled to offer a 1.63% stake in the bank in a block sale on Wednesday. Mehr 78 Group, which also owns 3.4% and 2.3% stakes in Tejarat and…
Economy
The Ministry of Industries, Mining and Trade is considering the introduction of new contracts similar to Iran’s new oil deals for handing over Iranian mines to foreign investors for…
Economy
The Renault-Nissan alliance is expanding its push into China, teaming up with Dongfeng Motor Group Co. on its first locally designed electric vehicle as emissions rules tighten in the world’s…
Economy
AMICO Industrial Group, a domestic commercial vehicle producer, has started presales of a new pickup truck ‘Huangha N1’. The vehicle is significantly overpriced. Huangha N1 has a price tag of 1.…
Economy
Local vehicle manufacturer SAIPA Diesel is set to introduce a new Volvo truck in the Iranian market.
The company will unveil Volvo FM 460, which is fabled as “the most eco-friendly and…
Economy
As if the recent gold rally was not enough of a surprise, the precious metal continued to gain in strength in Tehran's market–this time fueled by the Central Bank of Iran's decision to get…
Economy
The National Development Fund of Iran, the national sovereign fund established in 2011, has published a comprehensive report on the first five years of its activity up to March 20, 2017.
…Economy
Bank Mellat and Iran Medical Council have signed a memorandum of understanding with the aim of improving bilateral cooperation and increasing banking ties.
Economy
Celebrities are followed by many people so it makes sense that there is a strong allure among marketers to enlist one to pitch their product.
On the other hand, intense promotional…
Economy
