South Korea’s Hyundai Motor and Kia Motors on Tuesday flagged 4% sales growth in 2018, suggesting a slow recovery from a slump linked to their lack of SUVs in the United States and diplomatic…
Economy
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Domestic automotive company, Oghab Afshan Industrial and Manufacturing Company, has introduced its ‘Navigo’ minibus and is promoting the vehicle as ‘eco-friendly’.
The model was unveiled…
EconomyThe Central Bank of Iran will announce its official policy on cryptocurrencies within the next few months, the monetary regulator’s deputy for international affairs said.
“CBI is…
EconomyThe Central Bank of Iran has sufficient reserves of gold bars and coins, and will resume gold coin auctions until the market is fully saturated and prices become stable, the director of CBI's…
EconomyTehran Stock Exchange’s main index gained 33.38 points or 0.03% to end Tuesday trade at 96,241.3.
The stability in the movement of the benchmark index comes after its wild fluctuations…
EconomyThe Securities and Exchange Organization’s decision to remove earnings per share forecasts is justified, as most companies’ forecasts for the previous fiscal year (March 2016-17) had a 466%…
EconomyNo one is jobless in Kish Free Trade Zone, the unemployment rate in Qeshm FTZ (about 6%) is half the country’s average and the number of jobless is very low in Aras FTZ, the secretary of High…
EconomyIran Mineral Salts Company produced 139,755 tons of sodium sulfate during the first nine months of the current fiscal year (March 21-Dec. 21), indicating a 4% rise compared with last year’s…
EconomyIran imported about 6,900 tons of tilapia from China during the first half of 2017, making the country the fourth biggest importer of the fish from the East Asian country.
Young…
EconomyThe deadly avian flu infecting chickens across the country cannot be passed on to humans, according to World Health Organization, and consumers need not worry about egg and chicken consumption,…
EconomyMore than 35.02 billion cigarettes were produced in Iran during the nine months to Dec. 21, registering a 12.6% increase compared with the similar period of last year, the head of Tobacco…
EconomyIran announced reopening the two border crossings with the Iraqi Kurdistan Region on Tuesday.
EconomyMore than 1,900 tons of flasks worth close to 21 billion rials ($4.22 million) were imported into Iran during the eight months to Nov. 21, the Islamic Republic of Iran Customs Administration…
EconomyA local startup ‘Nevisesh’ (‘Write it’ in Persian) has been launched to offer online copywriting services.
Iranian copywriters can register with the business through its website nevisesh…
EconomyAmirkabir University of Technology has launched a business counseling platform with the aim of helping small and medium-sized enterprises (SMEs) active in the industrial sector grow. Over 400…
EconomyTehran Municipality has launched an online system through which residents can see whether their dwelling place is located in the areas most prone to earthquakes.
According to Tooraj…
EconomyBritain may impose new taxes on tech giants like Google and Facebook unless they do more to combat online extremism by taking down material aimed at radicalizing people or helping them to…
EconomyTehran's gold coin and currency markets heated up on Monday, with volatility showing no signs of abating and roiling the markets since a couple of weeks ago.
EconomyThree quarters of all Iranian financial technology firms are currently active in the payment sector, according to an electronic banking expert.
"But the big issue in the payment sector…
EconomyThe National Development Fund of Iran has signed a new deal with the country’s eximbank to dole out 2 trillion rials ($46 million) of joint resources as loans to meet the working capital needed…
EconomyMajis Research Center–the in-house think tank of lawmakers–has sounded an alarm on the profligate use of the resources of the National Development Fund of Iran, the country's beleaguered…
EconomyFollowing a directive issued by the board members of Securities and Exchange Organization for all financial entities under its supervision, banks and non-bank credit institutions are barred from…
EconomyIran exported some 68,000 tons of seafood worth $228 million during the eight months to Nov. 21, registering a 26% and 41% increase in weight and value respectively compared with the…
EconomyThe pipe and profile industry traditionally holds the largest share of Iran’s flat steel consumption.
Amir Hossein Kaveh, the head of the Syndicate of Steel Pipe and Profile…
EconomyThe 14th International Exhibition of Advertising, Marketing and Related Industries is opening today (Tuesday) at Tehran’s International Fairground and will run through Jan. 5.
The event…
Economy