Parliamentarians on Wednesday voted for Adel Azar to become the new director general of the Supreme Audit Court of Iran for a four-year term.
Azar, who has served as director of the…
Economy
Ninety-six percent of the 88,000 licensed Iranian businesses are considered small- and medium-sized, a deputy minister of industries, mining and trade said.
“There are currently over 80,…
An international conference about investment opportunities in post-sanctions Iran is scheduled to be held in Malaysia on July 26-27, with a focus on transferring technical knowhow and expertise to…
Tehran Stock Exchange’s main index gained 200.50 points or 0.27% to end Wednesday trade at 74,514.1.
Over 510 million shares valued at $36.8 million changed hands for the day.
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Iran is the second leading cement producer in the Middle East and North Africa, and is the world’s seventh largest producer of the industrial material.
The country competes with Turkey…
Demand for fixed-income securities is high among Iranian investors, as decreasing deposit rates leave bonds as the only high yield investment.
Demand outstripped supply 15 to one in…
A delegation of representatives of aviation companies from Germany’s Bavaria State is scheduled to visit Iran on August 23-25 to identify fields of potential cooperation and explore investment…
The production of four models of all-wheel-drive pickup cabs manufactured by Iranian companies was halted last month.
The export of Iranian cars to Iraq has stopped due to poor quality, said an Iranian lawmaker on July 19.
Majlis Industries and Mining Commission hosted representatives of the Industrial…
Modiran Vehicle Manufacturing Company (MVM) unveiled a new updated version of MVM X33 called X33s, which is a local variant of China's Chery Tiggo 3 released in 2015.
MVM 33Xs is equipped…
The Persian Gazelle III solar car manufactured by Iranian students at the University of Tehran started a tour from the Caspian Sea to the Persian Gulf to introduce environmentally-friendly…
The "Handbook of Iran's Capital Market" has been published in English by Amin Investment Bank after it was first unveiled at the Ninth International Exhibition of Exchange, Bank and Insurance last…
To revamp the financial sector Iran’s capital market regulator aims to develop a vibrant market for mortgage-backed securities (MBS) to stimulate the debt market and spur the sluggish construction…
Iran has gained access to $400m in frozen assets in a bank in Azerbaijan, an Azeri news agency reported.
Iran’s Ambassador to Azerbaijan Mohsen Pakayeen said that after the implementation…
Ministry of Roads and Urban Development on Monday completed 4,550 housing units in Pardis township, Tehran Province as part of the Mehr Housing scheme. The apartments are located in Iranshahr…
A member of the Majlis Industry and Mining Commission says lack of liquidity and credit are among the most important challenges facing production units.
Hamid Reza Fouladgar, in a TV debate…
The governor the Central Bank of Iran and lawmakers discussed the government’s proposed amendments to 2016-17 annual budget law. The amendment, if passed, would allow the government to…
Despite a 20-year-long record in the business and access to sizable and high-quality stone reserves, Iranian stone exporters have not yet been able to cross the $200 million mark in exports, the…
Tehran Stock Exchange’s main index gained 116.70 points or 0.16% to end Tuesday trade at 74,313.6.
Over 955 million shares valued at $55.6 million were traded for the day.
Tuka…
Iran is the leading copper producer in the Middle East and North Africa region.
To reach the government’s 2025 target output of 800,000 tons of copper cathode, an average annual growth rate…
The under-construction Astara Port in the northern Gilan Province will be able to handle 2 million tons of cargo when completed, said the director general of Gilan’s Ports and Maritime…
More than 34 tons of saffron worth $48 million were exported during the first three months of the current Iranian year (March 2016-17), which indicates a 2% decline in value compared with last…
Since the beginning of the harvest season two months ago, some 80,000 tons of fresh tea leaves have been purchased from local farmers by the government, the head of Iran Tea Organization said. “It…
A delegation from Iran’s Markazi Province, headed by deputy governor of the province, Zafar Afshoun, held meetings with President Rustem Khamitov and Prime Minister Rustem Mardanov of the Republic…
Traffic at Iran’s border with Turkey is back to normal, said an official with the Ministry of Roads and Urban Development. “There are no problems hindering the movement of trucks,” Mehr News…
