Deputy Minister of Industries, Mining and Trade Hossein Esfahbodi announced that a delegation of 300 Italian businesspersons, along with a trade delegation from Germany, has requested to visit…
Economy
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Minister of Roads and Urban Development Abbas Akhoundi accepted the Thursday resignation of the head of Iran’s Civil Aviation Organization, IRNA reported. Alireza Jahangiri’s resignation…
EconomyAbout 286,000 tons of goods worth $280 million were exported in the first quarter of the current Iranian year (started March 21) via East Azarbaijan Province, indicating a 4% increase in weight…
EconomyMore than 10,000 tons of porcelain were produced in the first two months of the current Iranian year (started March 21), which indicates a 17.6% increase in terms of volume compared to the same…
EconomyInterested in a stock market trading on a price/earnings multiple of 5.35 and with a dividend yield of 13.7%?
A market that has less than 1% foreign ownership but could become the largest…
EconomyA French delegation of top business leaders will visit Iran in late September to further discuss cooperation in transportation and urban development.
EconomyTehran Province recorded a trade surplus of $2 billion over the last Iranian year (ended March 20) as its non-oil exports and imports stood at $11 billion and $9 billion respectively, according to…
EconomyA Delhi court has revoked a government ban imposed on online taxi firm Uber Technologies, clearing the way for the US-based company to operate in the capital city and reapply for a license.
EconomyCarmakers are limiting the data they share with technology partners Apple Inc and Google Inc through new systems that link smartphones to vehicle infotainment systems, defending access to…
EconomyTehran will host the Second Iran Cyber Security Exhibition in August. Private companies specialized in cyber-security will present their latest services and achievements during the three-day event…
EconomyThe uncertainty caused by lengthy nuclear talks between Iran and the six world powers has kept the housing market in recession in recent months, a real estate expert says. According to central…
EconomyBank Saderat is one of the top 10 most active companies and the top lender operating in the Tehran Stock Exchange. The bank is the largest listed lender in terms of nominal capital in Iran, state-…
EconomyAs plans to launch a currency bourse loom closer, proponents and detractors of the proposal are growing more vociferous in defending their views. Advocates argue that such a move would promote…
EconomyTehran Municipality has said a recently announced scheme to remove dilapidated vehicles off the roads of the capital is taking shape.
As part of the new plan a new fund has been established…
EconomyThe Mazda3 sedan and hatchback are getting more standard features for 2016. Mazda has discontinued the old base model and made the Mazda3 i Sport the new standard model.
US sales of the…
EconomyA UAE delegation led by Sultan Ahmed bin Sulayem, chairman of DP World, which owns and operates Dubai’s Jebel Ali Free Zone, arrived in Iran on Tuesday for a three-day visit aimed at identifying…
EconomyThe agricultural sector is threatened by rampant fruit smuggling via border markets, said the deputy minister of agriculture in horticulture affairs. “Four years ago, the Ministry of Agriculture…
EconomyAbout 170,000 tons of goods worth $40 million were exported through North Khorasan Province in the first quarter of the current Iranian year (started March 21), which indicates a 18.2% decrease in…
EconomyFifteen Italian firms will take part in a specialized exhibition organized by Shiraz Chamber of Commerce, Industries, Mining and Agriculture from 20 to 26 July, said the head of the Chamber. “…
EconomyMore than $152 million worth of handicrafts were exported in the Iranian year that ended March 20, said an official with the Cultural Heritage, Handcrafts and Tourism Organization.
EconomyThe Islamic Republic of Iran Shipping Lines has opened the first direct marine route between Iran and Russia, announced president of Iran-Russia Chamber of Commerce, Asadollah Asgaroladi.
EconomyEuropean ambassadors to Iran met with Minister of Economy Ali Tayebnia in Tehran earlier this week, Mehr News Agency reported.
The meeting was organized at the request of the ambassadors…
EconomyThe Greek debt crisis has turned into a subject of many debates and discussions across the globe. The more the European country’s problems intensify, the more politicians become concerned about…
EconomyIn June 2015 Iran Mercantile Exchange played host to the trading of 1.9 million tons of various commodities worth more than $981 million in spot and secondary markets.
EconomyBullish sentiment at the equity market is emerging amid mounting optimism about Iran’s economic prospects, as negotiations with the West are showing signs of a final breakthrough.
Iran and…
Economy