The British government will allow driverless cars to be tested on UK motorways, helping to make the technology available to consumers by the end of the decade.
Economy
Economy
Exports from Anzali Free Zone in the northern province of Gilan have surged from $2 million in 2013 to $40 million in the 11 months ending Feb. 19, according to Reza Masrouri, CEO of the zone.…
Economy
Wheat imports in the upcoming Iranian year (to start March 20) are not banned but restricted, according to an official with the Government Trading Corporation of Iran.
"The temporary entry…
Economy
Lack of an effective tax policy for vacant homes has given rise to property hoarding in a market beset by recession.
As the housing market bubble burst in 2013, property owners suspended…
Economy
Italy’s sovereign wealth fund, Fondo Strategico Italiano, and the National Development Fund of Iran are negotiating the establishment of a joint fund worth $2 billion.
Economy
Iran’s Tejarat Bank and Export-Import Bank of China (Chexim) have signed an agreement to cooperate on financing projects and opening letters of credit.
Economy
The government is seeking to unify foreign exchange rates without directly getting involved in the market, said First Vice President Es’haq Jahangiri on Sunday. He noted that forex rates should be…
Economy
Bank Mellat and Turkey’s Halkbank will issue international credit cards for Iranians in the near future, said Ali Rastegar, Bank Mellat’s CEO. He noted that the two banks have been holding talks…
Economy
The Chinese Sinosteel Corporation has signed a memorandum of understanding with Iranian Mines and Mining Industries Development and Renovation Organization to establish an alumina production plant…
Economy
Maltese Foreign Minister George William Vella held meetings last week with high-ranking Iranian officials, in which opportunities for bilateral cooperation in different sectors were discussed.…
Economy
Tehran Stock Exchange’s all-share index TEDPIX soared 1,054.40 points or 1.35% to close Saturday trade at 79,366.5, the highest since March 2014.
About 58% of listed companies posted gains…
Economy
Egg exports will reach 90,000 tons by the end of the current Iranian year (March 19), says the secretary-general of Iran’s Egg Producers’ Association. “As we speak, 350 tons of eggs are being…
Economy
About 40% of Iran’s apparel market have been overtaken by smuggled clothes, mostly from China, says the director general of the Textile, Apparel and Leather Industry Organization affiliated to the…
Economy
Street vending is the safest form of informal economy, says director general for socio-cultural affairs at Tehran Governor General’s Office. Siavash Shahrivar’s remarks come as the voices of…
Economy
Foreign investors are rushing to cash in on a bonanza in Iran since UN economic sanctions were lifted in January.
Economy
Japan will provide a grant worth 1.2 billion yen, or around $10 million, to help Iran improve its medical services, NHK World, the international broadcasting service of NHK–Japan’s public…
Economy
Trade with the second-largest country in the Middle East and its population of 78 million people is back on the agenda after the lifting of a range of sanctions.
This is what the Australian…
Economy
The government has decided to reduce tariff categories from 10 to eight as of next Iranian year (to start March 20), the director general of Imports and Exports Regulations Office of the Trade…
Economy
Commuters across London can now access real-time transport updates and contextually relevant advertising on their mobile phones through MyStop, a web service launched by mobile commerce provider…
Economy
Tabriz Islamic Art University has produced the first three-dimensional printer.
Speaking to reporters on Saturday, Ibrahim Imani, director of the university’s Software Technology…
Economy
Iran and seven member states of the Asia-Pacific Space Cooperation Organization are planning to jointly design and build a remote sensing satellite, said the head of Iranian Space Agency for…
Economy
Wearable devices to monitor health are not always reliable or secure, according to research carried out by Lancaster University.
The market for digital devices such as smartwatches and…
Economy
In his upcoming visit to Pakistan, Iran's President Hassan Rouhani is to be accompanied by a business delegation consisting of members of Iran's Chamber of Commerce, Industries, Mines and…
Economy
Russia’s largest manufacturer of steel pipes for the energy sector is in talks with Iran to supply the country’s expanding oil and gas industry, the company has announced.
TMK wants more…
Economy
The Central Bank of Iran is responsible for managing and monitoring the bullion market, the head of Iran’s Gold, Jewelry, Silver and Precious Stones Producers and Exporters Association said on…
Economy
