Volkswagen officials have visited Iran this week to discuss possible joint projects with local carmakers, according to a report broadcast on Iranian television.
The German car manufacturer…
Economy
Economy
The prospective lifting of Iran sanctions will significantly boost its economy and positively affect the neighboring Arab economies, especially the UAE, according to experts.
Economy
The Ministry of Industries, Mining and Trade has recently announced plans to combat clothes smuggling to enable domestic producers to have a share of the apparel market.
Economy
More than 190,000 tons of commodities worth $60 million were exported via Bandar Lengeh Port in southern Hormozgan Province in the first half of the current Iranian year (started March 21),…
Economy
Industrial machinery, raw materials and essential goods account for 85% of Iran’s imports, ISNA quoted director general of Import and Export Regulations Bureau at Trade Promotion Organization of…
Economy
The first six months of the current Iranian year (started March 21) saw the export of 184,000 tons of goods worth $173 million from Qazvin Province to Iraq, Afghanistan, Armenia, Pakistan, Georgia…
Economy
Governor of the Central Bank of Iran Valiollah Seif has recommended Iranian banks to brace themselves for reengaging with international business, namely through embracing international standards…
Economy
Data released by the Central Bank of Iran implies a change of fortunes in the unimpressive housing industry.
Average price per square meter of housing units grew despite decline in real…
Economy
The CEO of Bank of Industry and Mines visited Iranian Shipbuilding and Offshore Industry Complex in Bandar Abbas, Hormozgan Province. According to the bank’s website, besides discussing the…
Economy
The Export Development Bank of Iran is expanding relations with Brazil. Hossein Eivazlou, a member of the bank’s board of directors recently visited Brasilia to discuss grounds for expanding…
Economy
The 66th meeting of Asia-Pacific Rural and Agricultural Credit Association (APRACA) executive committee will be held at Bank Keshavarzi’s training center in Babolsar in north Iran, Oct. 7-10.
…Economy
Change in deposit rates should be in tandem with change in customers’ attitudes, a private banker said in Tehran on Friday.
Discussing the Central Bank of Iran’s recent interest rate cut,…
Economy
Chicken nuggets are almost everywhere, in almost every fast food chain and every supermarket freezer. Fried, crunchy and quickly made, they are in high demand, ranging from busy adults with no…
Economy
Despite the government’s successful efforts to reduce inflation from 45% to around 15% over the past two years, some have voiced concern that the administration’s focus on pulling down inflation…
Economy
Iran Mercantile Exchange played host to more than 124,000 tons of commodities on Sunday. As IME reported, 10 kg of saffron, 4,000 tons of durum wheat, 1,000 tons of soybean flakes, 450 tons of…
Economy
Stocks were swinging between slight gains and losses on Sunday amid a bearish sentiment at the equity market with the overall index extending its pullback to register a third consecutive day in…
Economy
Lifting of western sanctions on Iran will present an opportune time for India to start negotiations on inking a preferential trade pact with Tehran, which can fill up the demand gap for Indian…
Economy
As many as five Iranian companies have obtained permits for delivering Internet Protocol Television services.
Mehdi Akhavan, a member of the Supreme Council of Cyberspace, noted that…
Economy
Popular smartphone messaging application, Telegram Messenger, spontaneously went offline in Iran on Saturday between the hours of 11 a.m. and 3 p.m. The large-scale shutdown was also reported…
Economy
Apple has bought a UK-based artificial intelligence startup called VocalIQ, whose technology might eventually make Siri more conversational and smarter.
Economy
Microsoft is rumored to be planning to come out with a new Lumia handset to succeed the current Lumia 830, the company's affordable flagship handset unveiled at the 2014 IFA event in Germany…
Economy
Iran’s vegetable oil consumption is above global average, which has put the product in the government’s list of top imported commodities. Imports, accounting for 92% of domestic consumption, have…
Economy
Steelmakers have recently voiced their displeasure over taxation, saying the process puts unfair pressure on manufacturers and further depresses the recession-hit industry.
Economy
The 6th Ideal City Exhibition and Conference will be held on Kish Island during December 31-January 3. The event is aimed at attracting investments and transferring technologies to urban…
Economy
Iran Civil Aviation Organization has not received any request from Iranian airlines for purchase of Russia-made Sukhoi Super Jet-100 aircraft, IRNA quoted CAO head, Ali Abedzadeh, as saying on…
Economy
