Local private auditing firm Iran Standard and Quality Inspection Company has signed a deal with the Barcelona-based engineering firm Applus+ IDIADA. The agreement is to assist the Iranian…
Economy
Economy
Volkswagen could face additional fines in Munich and Stuttgart on top of the €1 billion ($1.2 billion) it has been told to pay for management lapses which caused emissions cheating on 11 million…
Economy
The government has allocated $15 billion of foreign exchange to imports in the 50 days since the start of the current Iranian year on March 21.
According to Government Spokesman Mohammad…
Economy
An educational content on insurance will soon be devised for all school levels in Iran with the aim of fostering a healthy and informed culture that will boost the prospects of the ailing…
Economy
The Central Bank of Iran’s Money and Credit Council approved amendments to regulations that will allow individuals and entities, which are not qualified to receive a checkbook, to open current…
Economy
The inward flow of foreign direct investment into Iran registered an increase of almost 50% in 2017 compared to the year before and exceeded $5 billion, according to the United Nations…
Economy
About $287 million worth of machine-made carpets were exported from Iran in the last fiscal year (March 2017-18). The main export destinations for these products were the neighboring countries…
Economy
Tehran stocks ended the trading week with a bang, as both Tehran Stock Exchange and Iran Fara Bourse reached new highs on Wednesday's close.
Economy
The domestic leather industry has created close to 100,000 jobs in sales outlets and about 15,000 in production units.
Economy
Tariff on tobacco imports has increased from 5% to 15%.
Criticizing the move to raise tariffs, Chairman of Tobacco Products Importers and Exporters Association Mohammad Reza Tajdar…
Economy
Iran has called for a meeting of its joint economic commission with Sri Lanka to be held in Tehran in August.
“As per our own assessment, the May 2018 state visit by the Lankan…
Economy
First Vice President Es’haq Jahangiri designated Caspian Port as one of the country’s official marine trading borders for vehicles, passengers and cargo imported to and exported from Iran in a…
Economy
Pulling money out of the country of their birth and buying foreign assets such as real estate have been a common practice of the rich in Iran for years.
Economy
More than 86,150 tons of melons worth over 1 trillion rials ($30 million) were exported from Iran to 25 countries in the last Iranian year (March 2017-18), according to the latest figures…
Economy
Bashmaq border crossing in the western Kurdestan Province’s Marivan County will be closed on June 15, at the request of the officials of the Iraqi Kurdistan Region on the occasion of Eid al-Fitr…
Economy
More than 1.18 trillion rials ($35 million) worth of automated teller machines (ATMs) were imported into Iran during the last Iranian year (March 2017-18), according to figures released by the…
Economy
The board of directors of Iranian Tobacco Company has appointed Mohammad Reza Khak-Kar as its new managing director to replace Mosayyeb Mohammadian-Shomali, the company’s news outlet reported.…
Economy
Major Iranian e-hailing company Snapp has made inroads into two new markets as its services have become operational in Bushehr and Hamadan. Customers from Bushehr in the southwest of the country…
Economy
The quality of several Iran-made budget vehicles, priced under 500 million rials ($11,900), has observed a slight improvement according to the results of a monthly audit released by Iran…
Economy
Close to 367,480 tons of barley worth $79.24 million were imported into Iran during the first two months of the current Iranian year (March 21-May 21), registering a 49.7% and 84.2% growth in…
Economy
Iran’s non-oil commercial exchanges with the five member states of the Eurasian Economic Union totaled $1.69 billion during the last Iranian year (March 2017-18) to register a decline of 35.38%…
Economy
Iran Airports Company registered 35,259 takeoffs and landings during the Iranian month ending May 21, which shows an 8% decrease compared with last year’s corresponding period.
Close to…
Economy
An Iranian public bank has been chosen to finance the Mianeh-Ardabil railroad project worth 7.5 trillion rials ($178.57 million), the CEO of Iran’s Transportation Infrastructure Construction and…
Economy
The government of Armenia put on the agenda of its Cabinet meeting on Monday a package of draft laws, pursuant to which road-tax payers who enter the country with trucks registered in Iran shall…
Economy
German shipping line Hapag-Lloyd has stopped one of two feeder services to Iran and will decide on the remaining one before a Nov. 4 deadline imposed by the United States, which has reimposed…
Economy
