Only less than 3% of Iranians are consumers of bottled water and that’s because 95% of the population have access to tap water, the secretary of Iran’s Mineral and Bottled Water Association said…
Economy
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A ceremony is scheduled to be held at the headquarters of Iran Chamber of Commerce, Industries, Mines and Agriculture in Tehran on July 30 to celebrate the record high production of sugar in the…
EconomyThe Industrial Development and Renovation Organization of Iran is due to manufacture helicopters for civilian use in cooperation with a Russian company.
“IDRO has signed a contract with the…
EconomyMore than 405,000 tons of cargo were transited via Iranian railroads during the first four months of the current fiscal year (March 21-July 22), indicating a 44% rise compared with the similar…
EconomyThe goods and services Consumer Price Index for urban areas increased by 7.6% in the 12-month period ending July 22, which marks the end of the fourth Iranian month, compared with last year’s…
EconomyThe government of President Hassan Rouhani and Khatam al-Anbiya Construction Headquarters, an engineering conglomerate affiliated to the Islamic Revolution Guards Corps, have reached an agreement…
EconomyThe US Department of Agriculture is promoting increased trade with Iran, despite the clear opposition of the Trump White House, American news website The Washington Free Beacon reported.
A…
EconomyThe Central Securities Depository of Iran issued 10 new trading codes for foreign investors during the third month of the current Iranian year (ending July 21) to trade in Iran’s securities market…
EconomyA shadow rising on the wall and growing in size can be spooky. However, a shadow distorts the original object based on the angle and intensity of light that created it, failing to faithfully…
EconomyTehran Stock Exchange’s main index gained 247.80 points or 0.31% to end Tuesday trade at a 66-day high of 81,181.7.
About 603 million shares valued at $50.25 million changed hands for the…
EconomyTehran has opened talks with Russia and several other countries on developing Farzad-B Gas Field in the Persian Gulf, a parliamentarian said, indicating that there will be no backdoor deal with…
EconomyA new video game called ‘Battle in the Gulf of Aden 2’ was unveiled on Monday at the International Exhibition of Electronics, Computer, and E-Commerce (Elecomp 2017). Developed by Amytis Games,…
EconomyThe Telecoms Ministry is set to restart a project in four months to register all mobile phones.
“The ministry reached agreement with a contractor [name not mentioned] in mid June,…
EconomyLocal telecoms firms will have to file for bankruptcy if Telegram messenger’s telephone service is unblocked, according to the minister of communications and information technology.
EconomyA US company based in Wisconsin is about to become the first in America to offer microchip implants to its employees.
However, the new program by the firm has panicked Internet forums like…
EconomyFrench company Alstom is entering a joint venture with two Iranian companies to manufacture 1,000 subway wagons in three years.
EconomyAs their deadline looms, banks and credit institutions are signing agreements that legally bind them to hand over information about the bank accounts of taxpayers to Iran National Tax…
EconomyIn order to protect businesses against foreign exchange fluctuations and promote a relative stability in the forex market, the establishment of a currency futures market can be a…
EconomyWhile the average ratio of compliant banks' reserve requirements stood at 10.3% for the previous Iranian year to March 20, 2017, the more important figure is lenders' effective reserve requirement…
EconomyA government scheme, which aims to promote insurance specifically among motorcyclists, is gathering pace as thousands of insurance policies were sold in only a month, the director of Personal…
EconomyTehran Stock Exchange’s main index inched up 14 points or 0.02% to end Tuesday trade at 77,975.4.
More than 1.7 billion shares valued at $68 million changed hands for the day.
Pars…
EconomyEver since Iran proposed the Chabahar Port development project to India, several articles and papers have been published in the Indian media.
EconomyNational Iranian Copper Industries Company recorded its highest concentrate output in the last fiscal year (ended March 20, 2017) by producing 1.07 million tons of the material, recording a 9.51%…
EconomyFruit smuggling has declined by 90% since the fiscal 2013-14 when Hassan Rouhani first took office as Iran’s president, according to the managing director of Iran’s Confiscated Assets…
EconomyIran’s exports to Russia are slowly gaining momentum after a declining trend that saw the value of Iranian shipments to the northern neighbor declining from about half a billion dollars in the…
Economy