Tehran's Mehrabad Airport on Wednesday saw the touch-down of four brand new ATR 72-600 planes that joined the rejuvenating fleet of Iranian aircraft.
The new planes are the first batch of…
Economy
Economy
The CEO of industrial vehicle manufacturer Zamyad, has made known that the company’s light-duty commercial vehicles have a 35% share in the market. Fereydoon Hamidi, says the company’s production…
Economy
The director of Iran’s Auto Parts Dealers Guild, Ghulam Reza Bakhshizade, has dismissed claims by several auto industry experts that the main problem with Iran’s auto parts sector is…
Economy
Renault Pars, a local subsidiary of the French carmaker says it will upgrade the transmission system used in three models.
According to a press release from the company, Renault’s JHQ…
Economy
What Iran has done so far to conform to international standards concerning anti-money-laundering and combating terrorism financing initiatives will be sufficient for the Financial Action Task…
Economy
The greenback was traded at 37,570 rials in the open market and 32,447 rials in the official market with a respective increase of 136 rials and a decrease of 2 rials. On the other hand, the…
Economy
China’s Finance Minister Xiao Jie underscored Iran’s strategic role in China’s New Silk Road plan, noting that Iran can be a party for fulfilling the ‘”One Road, One Belt” vision initiated by the…
Economy
The governor of the Central Bank of Iran emphasized the importance of supporting production, referring to the entity he leads and the banking system as the main bodies backing the sector.
Economy
Tehran Chamber of Commerce, Industries, Mines and Agriculture unveiled an online system for investments, which has been designed specifically to provide foreigners with any information they may…
Economy
The government has invested 30 trillion rials ($800 million) in the past two Iranian years (March 2015-17) for the construction of freeways across the country, a deputy minister of roads and urban…
Economy
Iran needs about 800 trillion rials ($21.3 billion) to complete 3,500 kilometers of its 22 under-construction rail projects, a deputy minister of roads and urban development said.
…
Economy
The lifting of trade sanctions in Iran will drive growth in the country’s plastics industry, according to research firm Applied Market Information, a UK-based provider of information, market…
Economy
Forty-eight foreign airlines are currently operating flights to and from Iran, said Iran Civil Aviation Organization’s Spokesman Reza Jafarzadeh, adding that 18 of these companies have resumed…
Economy
Tehran Stock Exchange’s main index gained 171.80 points or 0.21% to end Tuesday trade at 80,129.3.
More than 560 million shares valued at $37.17 million changed hands for the day.
…
Economy
Iran’s palm oil market is expected to reach $648.4 million by 2025, according to a new report by US-based market research and consulting company Grand View Research, Inc.
Economy
Iran has put on hold “almost all” of its mining agreements with foreign investors, as companies from Europe to Asia fear additional sanctions on the Persian Gulf nation’s economy, according to…
Economy
A diverse range of cultural products are produced and distributed in Iran, which contribute to the economy.
In an exclusive interview with Financial Tribune, Mehdi Firouzan, the managing…
Economy
A total of 7.5 million tons of goods were in transit via Iranian roads and railroads in the last fiscal year (March 2016-17), down 25% compared with the preceding year to reach 7.5 million tons, a…
Economy
Desperate to overcome Japan’s growing shortage of labor, mid-sized companies are planning to buy robots and other equipment to automate a wide range of tasks, including manufacturing, earthmoving…
Economy
WEB: 90% of Café Bazaar’s Android Apps Developed in Iran Café Bazaar, Iran’s largest local Android market released its annual statistics indicating significant growth in the number of…
Economy
Iran’s ‘invention squad’ collected 13 gold, silver and bronze medals at the 28th International Invention, Innovation and Technology Exhibition (ITEX) which concluded in Malaysia on May 13.
…
Economy
The ‘WannaCry’ virus has infected 2,000 computers so far in the country, according to the latest figures released by officials in Tehran.
Economy
The government’s commitment to curb the inflation rate and maintain macroeconomic stability will redress one of the recurring behavioral patterns of domestic investors.
Economy
Iran will put out a tender within a month to finance the plane deals it has finalized with major planemakers, a deputy minister of roads and urban development announced on Monday.
Economy
Russia’s United Wagon Company says it will soon start supplying freight wagons to Iran, as part of a €300 million deal signed in February to supply a total of 6,000 cars.
Economy
