Economy

Expanded Polystyrene or EPS is a lightweight, rigid, plastic foam insulation  material produced by expanding solid beads of polystyrene. It performs as an acoustic and thermal insulator, is…

The development of autonomous automobiles is progressing at a rapid rate, but there’s still a lot of work to do before these self-driving vehicles are legally allowed on the roads without a team…

Fully autonomous vehicles roaming public roadways are still many years away but if racing organizer Formula E has its way, you’ll be able to watch self-driving cars compete on the track next…

Three startups prevailed as champions of the Get in The Ring challenge, held for the first time in the Palestinian city Ramallah on November 19.

Mockapp, Fadfid and Batuta were the winners…

Iran’s Supreme Council of Cyberspace has announced that 25 million Iranian gamers spend an hour and a half playing videogames every day.

According to technology website Digiato, this…

According to statistics released by the Central Bank of Iran, Iranians have made $17 billion worth of Internet purchases since the start of the current Iranian year (March 21).

Lands in rural areas will be sold to investors at a 50% discount, says Mohammad Ali Abrishami, managing director of Iran Small Industries and Industrial Park Organization. He added that low-…

The Securities and Exchange High Council has approved the establishment of a currency futures bourse, a council member said Saturday. Mohammad Reza Pourebrahimi said the Central Bank of Iran’s…

The Ministerial Conference on Housing and Urban Development (APMCHUD) Slum Upgrading Working Group (RSUWG) starts its 3rd meeting in Tehran on Sunday during which member nations will share…

The housing market is one of the alluring and profitable sectors of the economy in times of economic growth. It also is a key sector with almost 200 occupations and industries depending on it for…

Bank deposits grew by 1 quadrillion rials ($33.4 billion at the official exchange rate) in the first half of the current Iranian year (ends March 20, 2016).

Private deposits in the period…

A major international reinsurance company will soon start operating in the Persian Gulf island of Qeshm after the lifting of the sanctions.

No one doubts that Iran has potential. With almost 80 million people, it is the world’s 17th-most-populous market.

The country has competent farmers, carmakers, drug firms and a fairly…

The earthy smell of silk and wool fills a showroom piled with thousands of hand-woven rugs. It is a familiar scent, one that links this shop in LA’s Westwood neighborhood to Tehran’s bazaars 8,000…

c in the territory of Armenia, the latter’s Agriculture Minister Sergo Karapetyan said on Friday during a meeting with Iranian Ambassador to Armenia Seyyed Kazem Sajjadi. Sajjadi said the export…

Vietnam’s Ambassador to Iran Tran Trong Khanh says the southeast Asian country’s 64 million population could be a good market for Iranian products. “Vietnam has skilled workforce in a variety of…

Paraguay is banking on Iran to increase its meat exports in early 2016 amid a huge surplus, said the South American country’s deputy agriculture minister, Marcos Medina.

Russians have promised to cut import tariffs on Iranian goods during the 12th session of Iran-Russia Economic Commission held in Moscow earlier this month, announced the head of Iran-Russia…

As many as 20 Chinese companies will invest $150 million in Salmas Special Economic Zone, located in West Azarbaijan, according to the head of the province’s Investment Services Center, Mohammad…

Tehran Stock Exchange’s main index lost 99.20 points or 0.16% to settle at 62,635.4 on Saturday.

Over 423 million shares changed hands valued at $29 million to record close to 10% rise in…

Economists warn against a double-dip recession in Iran’s economy.

Despite data by the Statistical Center of Iran—one of the two bodies producing economic data, the other being the Central…

Negotiations are underway with cement factories to stop production for the first two months of winter (Dec. 22–Feb. 19), a member of the board of directors of Cement Industry’s Employers…

The Central Bank of Iran will reimburse banks for the auto loans, as soon as they present the sales documents, said the head of CBI’s Credit Department.

Ali Asghar Mirmohammad Sadeqi added…

The first Bentley Bentayga–Bentley’e even more upmarket challenge to the Range Rover’s luxury SUV–has been built at Bentley’s United Kingdom Crewe Plant.

Qoros, a Chinese carmaker, has unveiled the newest model in their vehicle lineup, the Qoros 5 SUV.

The all-new vehicle is the first midsized SUV from the car manufacturer. It made its…