Economy

Flying cars are beginning to gain traction around the world and are no longer being seen as a futuristic dream that will not reach the masses.

Now a Dutch firm is set to make the technology…

A startup called Mibarim (we take you) has launched a service which aims to assist short distance carpooling and daily commute within the Tehran metropolitan region.

The brand, which is…

The 18th edition of International Congress of Microbiology will be held at Tehran University of Medical Sciences late August.

The meeting brings together infectious disease specialists, for…

Italian energy giant Eni on Tuesday signed a memorandum of understanding with the National Iranian Oil Company to conduct technical surveys on Kish gas field and the third phase of Darkhoveyn…

The parliament has approved a bill allowing the government to take out $1.5 billion from the National Development Fund of Iran for creating jobs in rural and nomadic areas in the current fiscal…

The gold coin rally in Tehran's market, which started two days ago and registered a 90-day record high, reversed course as prices dropped on Monday to burst the yellow metal's bubble.

Emami…

The better chunk of the two-part South Korean finance for Iranian projects has reportedly been finalized by the two countries’ officials. 

A report by Iran Chamber of Commerce, Industries, Mines and Agriculture said that during the first quarter of the current fiscal year that began on March 21, the money market registered the…

Governor of the Central Bank of Iran has released a statement reassuring the public that the bank is determined to end the lengthy saga of uncertified credit institutions, the news of which…

Private banks and credit institutions are in favor of lowering interest rates and they are currently holding negotiations in this regard with financial authorities, especially the Central Bank of…

Bank of Industry and Mine has doled out 23 trillion rials ($613 million) in loans to small- and medium-sized enterprises since March 2016 as a part of the stimulus scheme for SMEs, the bank’s…

Tehran Stock Exchange’s main index lost 131.20 points or 0.17% to end Monday trade at a two-month low of 79,859.2.

Trading at TSE and Iran Fara Bourse starts on Saturday and ends on…

With the number of investors in Iran’s capital market having crossed the 11-million mark, the market’s penetration rate reached 40%, meaning four out of 10 Iranians trade shares in the domestic…

Tehran Stock Exchange was the world’s fourth fastest-growing stock exchange, according to a study carried out by TSE analysts who monitored the benchmarks of 17 global exchanges from March 18 to…

Iran will import 250 tons of Cavendish bananas from Philippines. The cargo will be carried from the Philippines’ Davao Port and delivered at Bandar Abbas in Hormozgan Province on June 30, the…

Iran produced some 81,500 tons of honey in the last fiscal year (March 2016-17), registering a 9.1% increase compared to the fiscal 2013-14, a deputy agriculture minister said.

Close to 250 tons of watermelon were exported to Qatar from Genaveh Port in the southern Bushehr Province, the director general of Genaveh Customs Office said.

“The shipment which left the…

The government says it will complete the construction of a 222-km freeway connecting the cities of Isfahan and Shiraz by the end of the next Iranian year (March 2019).

As members of Shanghai Cooperation Organization are voicing unprecedented support for Iran’s accession to the body, Iran Chamber of Commerce, Industries, Mines and Agriculture said Tehran’s…

About 500,000 tons of wheat from a total of more than 1 million tons offered on Iran Mercantile Exchange have been bought by producers and factory owners. 

Sapra Motor, a newly launched auto dealership, has announced that it will be the distributer of models of German-based Opel in Iran.

France’s PSA Group agreed to buy Opel from General…

Britain’s biggest automaker, Jaguar Land Rover, is drawing up plans to hire an extra 5,000 engineers and technical staff in the next year, Reuters reported citing the Sunday Telegraph.

The…

Ramak Khodro, the official retailer of South Korean SsangYong Motor in Iran, has announced the presale of the latest version of Korando mini-SUV, saying it would start soon.

According to…

Iran Khodro CEO Hashem Yekezare says three new vehicles produced by the firm will be available in the market in the next few days.

The presale of the new models, namely Peugeot 2008, Tondar…

Negin Khodro, the official importer of Renault cars in Iran, has announced it will replace its Fluence sedan model with the latest version of the Megane in the coming months.