Russia is ready to take part in the development of the free trade zone on Armenia’s border with Iran, Russian Prime Minister Dmitry Medvedev said on Tuesday after he met with his Armenian…
Economy
Economy
Creditors of South Korea’s Dongbu Steel Company may face a setback in their plan to sell off the cash-strapped company’s electric furnace used for hot-rolled steel production to an Iranian…
Economy
Tehran Stock Exchange’s main index gained 107.60 points or 0.12% to end Wednesday trade at 86,529.2.
About 626 million shares valued at $38.98 million changed hands for the day.
…
Economy
The largest local carmaker, Iran Khodro, has signed a joint venture deal on the production of gearboxes in Iran with a subsidiary of the South Korean automotive company, Hyundai PowerTech…
Economy
Haima Motors China, which has been present in Iran for almost two years, is set to expand its presence in the market.
The automaker has announced plans to produce 13,000 vehicles in the…
Economy
In the high-stakes, high-cost battle among global automakers to develop ever more efficient vehicles, one of the biggest breakthroughs in internal combustion engine technology in years looks to…
Economy
Fiat Chrysler Automobiles is the subject of a French judicial inquiry into suspected obstruction of an investigation into diesel emissions cheating, reports said.
Economy
The US dollar, the most widely traded currency in Tehran’s foreign exchange market, once again gained against rial in both the open and official markets on Tuesday to maintain its uptrend…
Economy
The government will submit the budget bill of the next fiscal year (starting March 21, 2018) to the parliament on December 5, the government spokesman and president of Planning and Budget…
Economy
According to the CBI directive reported in Financial Tribune on Oct. 22, banks and financial institutions are obliged to set up an independent compliance department.
Economy
Director of the Organization for Investment, Economic and Technical Assistance of Iran Mohammad Khazaei met with Italy’s Ambassador to Iran Mauro Conciatori to negotiate a finance deal for…
Economy
The government’s Economic Council has passed a new set of regulations with the aim of facilitating the approval of foreign finance for all eligible local applicants.
Economy
Banks, fintechs, financial solution vendors and startups were present in full force at the Third Iran Transaction Exhibition (ITE) in Tehran on Tuesday.
Economy
Iran-China trade during the eight months to Aug. 31, 2017 stood at $24.17 billion, registering a 24% increase compared with the corresponding period of last year.
Economy
Iran exported $215 million worth of goods to Turkmenistan during the six months to Sept. 22.
Economy
A 37-member delegation from Pakistan comprising businesspeople active in trade, agriculture, floriculture, rubber industry and machinery is scheduled to visit Iran on Oct. 31 and meet their…
Economy
Iran exported more than 34.61 million tons of mineral products worth over $4.77 billion during the first half of the current fiscal year (March 21-Sept. 22), registering an 8% and 4% growth in…
Economy
The National Development Fund of Iran is allocating $2 billion in lines of credit for consumers in Iran’s primary export destinations this fiscal year (to end March 20, 2018), the chairman of…
Economy
The goods and services Consumer Price Index in the 12-month period ending Oct. 22, which marks the end of the Iranian month of Mehr, increased by 8.2% compared with last year’s corresponding…
Economy
Tehran Stock Exchange’s main index gained 183.00 points or 0.21% to end Tuesday trade at 86,529.2.
About 1,088 million shares valued at $53.256 million changed hands for the day.
…Economy
China’s Sinosteel Corporation presented its pellet production technology during a ceremony held in Tehran with Iranian steel industry officials and players in attendance.
The technology…
Economy
Iran plans to add 336,000 tons of primary aluminum smelting capacity in 2018, the planning manager of state-owned mining holding company IMIDRO, Amir Sabagh, told S&P Global Platts.
…Economy
Once again, the Iranian capital market beat all its rival markets, namely gold, forex and real estate, in terms of return on investment in the seven months of the current fiscal year (March 21-…
Economy
Iran’s largest ride-hailing company, Snapp, has entered the northeastern city of Tabriz.
After its successful experience in delivering services in several major cities, including Tehran…
Economy
Two workshops in the field of information and communications technology will be held in Tehran by the Faculty of Applied Science of Post and Telecommunications (ICT Faculty), which is affiliated…
Economy
