Toyota has expressed interest in selling more cars in Iran when western imposed sanctions on Tehran over its nuclear energy plan are lifted, said Orhan Ozer, CEO at Toyota Motor Manufacturing…
Economy
Economy
A money market analyst has warned about the inflationary effects of the mammoth government debt to the banking system, saying it was creating a dangerous situation, resulting in an explosion of…
Economy
Even as talks to conclude a comprehensive nuclear deal between Iran and the six world powers have entered what amounted to triple overtime, negotiators in Vienna, Austria, continue to convey a…
Economy
L ender Mellat has the lowest ratio of non-performing loans among Iran’s largest banks, state-owned IRNA reported.
Mellat Bank has the top spot in terms of lending efficiency and salvaging…
Economy
The governor of the Central Bank of Iran once again warned the public of the consequences of depositing in unauthorized credit institutions. “It is absolutely clear that there are doubts about the…
Economy
Iran could soon become a full member of Shanghai Cooperation Organization, Russia’s foreign minister said on Thursday.
Sergei Lavrov was speaking at the joint SCO/Brics summit, a day after…
Economy
Head of the United Arab Emirates’ Jebel Ali Free Trade Zone says his country will not wait for a comprehensive nuclear deal between Iran and the P5+1 group to expand economic relations with Iran…
Economy
A report by the Ministry of Industries, Mining and Trade indicates that $154 million worth of flat-rolled non-alloy steel and iron products were exported in the first two months of the current…
Economy
Esfahan Steel Company says it is investigating the cause of a rare incident in one of its converters, which left three workers dead and at least six others injured, reportedly due to splashing…
Economy
Iran Tractor Manufacturing Company has reported decline in domestic sales in the absence of banking loans for customers, IRNA reported. “The company has focused on exports to African countries to…
Economy
Optimism about a historic momentum in Iran's economic perspective led to a massive weekly surge at Tehran Stock Exchange, which helped TEDPIX to soar 1,900 points or 2.96% during the week that…
Economy
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
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…
Economy
About 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…
Economy
More 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…
Economy
Interested 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…
Economy
A French delegation of top business leaders will visit Iran in late September to further discuss cooperation in transportation and urban development.
Economy
Tehran 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…
Economy
A 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.
Economy
Carmakers 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…
Economy
Tehran 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…
Economy
The 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…
Economy
Bank 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-…
Economy
As 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…
Economy
Tehran 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…
Economy
