Netflix, the American video website and application, announced over the Iranian weekend, i.e. Thursday-Friday, that it was pushing ahead with plans to offer its video service globally.
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Economy
The next fiscal year will be a year of crisis for Iranian banks, Heidar Mostakhdemin Hosseini, a prominent analyst said.
Taking stock of the multiplying non-performing loans of banks he…
The US dollar began a fresh rally on Wednesday in the free market, reaching 37,120 rials, up from the previous day’s close of 36,780 rials. The currency has been gaining against the rial in recent…
The National Development Fund of Iran says it considers lending to manufactures a top priority, said Mohammad Ghasem Hosseini, deputy chairman of NDFI on Monday. He added that considerable volumes…
Development plans for Khuzestan Province has led to the expansion of informal settlements, said the province’s governor general, Abdolhasan Moqtadaei on Wednesday.
Reducing the capital adequacy of banks will help boost the lending power of banks rather than increasing their toxic assets, says the CEO of Eghtesad Novin Bank.
For all the meltdown in relations between Iran and Saudi Arabia, the two Middle East countries have got something in common—at least in terms of markets.
Iran’s vice president for executive affairs has issued a decree to limit the sale of petrochemical products by producers to Iran Mercantile Exchange.
Otherwise, producers will have to sell…
Stocks extended their rally for the 11th day, capping their largest daily gain since October 17, as speculations on relations improving with the international community lured in traders on…
Tehran’s International Permanent Fairground will host the Seventh International Exhibition of Bitumen, Asphalt, Insulation and Related Machinery (BAIEX 2016) during January 22-25. The event is…
Iran Mercantile Exchange’s export trading board witnessed the supply of 45,000 tons of granulated iron ore by the Iran Central Plateau Iron Ore Mines Complex at the base price of $12 per ton on…
With the production of 35.8 million tons of iron ore in 2015, Iranian Mines and Mining Industries Development and Renovation Organization is ranked the world’s 16th largest producer of this…
The Sixth International Exhibition of Architecture, Modern House and Interior Design dubbed MIDEX 2016 will be held at Tehran’s International Permanent Fairground on January 10-13.
More than $1 billion are exported annually from Arvand Free Trade Zone, according to FTZ’s commercial director, Jabbar Salempour. He added that some 2.5 million tons of goods worth $760 million…
Some 7 million tons of non-oil goods were imported via Shahid Rajaei Port during the nine-month period ending December 21, recording a 27% fall compared to the similar period of the previous year…
Bushehr ranks first among Iranian provinces in terms of exports, accounting for half of the $40 billion in export value over the past year, according to the southern province’s customs bureau. Gas…
Italy’s first exclusive trade exhibition is being held at Tehran’s International Fairground. Over 30 Italian companies are showcasing their latest products and services related to urban planning,…
The Ministry of Industries, Mining and Trade plans to establish centers to train fashion designers, says director general of the Textile, Apparel and Leather Industry Organization of the ministry…
As Iranian households become more familiar with the benefits of herbal tea, demand shows a rising trajectory.
Consequently, the industrial production of herbal teas has gathered pace in…
The latest statistics released by Iran's Customs Administration show that Iran imported 30,400 cars worth $717 million during the first nine months of the current Iranian year (ended Dec. 21, 2015…
Shares in Volkswagen are sliding after the US Justice Department sued the German automaker over emissions-cheating software fitted to diesel vehicles.
Volkswagen’s shares were 3.1% lower at…
The French automaker has been steadily growing in China, the world’s largest auto market, and since it lost DS Automobiles, the company's former premium sub brand, it now sees the need for a new…
Harman International has formed a partnership with Microsoft Corporation to create an in-dash “personal assistant” that will allow motorists to Skype, listen to emails, schedule meetings and check…
The Informatics Services Corporation launched its newly Financial Management System (FMS) in Bank Ayandeh on Sunday. According to ISC website, the banking system has been using costly foreign…
The High Council of Construction and Architecture has banned the issuance of new permits for construction of high-rise buildings in Tehran, in response to the worsening air pollution crisis in the…
