Economy

German Chancellor Angela Merkel has called for action to be taken to repair the reputation of the country’s car industry.

Scandal and crisis have marred the auto sector since Volkswagen…

Mammut Industrial Group has signed a deal with Scania to import diesel generators produced by the major Swedish automotive firm.

CEO of Mammut Group Mohammad Reza Dezfoulian said “The…

The parliament supports the implementation of the long-delayed promise to unify the country’s dual foreign exchange rates, the chairman of Majlis Economic Commission said.

“The Central…

Foreign funds worth $500 million for purchasing ships by the Islamic Republic of Iran Shipping Lines have been finalized, the chief executive of the state-run entity announced.

“The…

South Africa’s Ambassador to Iran Max Philemon Whithead said the biggest problem in the way of the two countries’ bilateral trade is lack of banking links, therefore the two governments are…

Five Iranian banks have jointly signed a finance deal worth $10 billion with CITIC Trust, a Chinese state-owned investment company, to fund development projects in Iran.

Russian Helicopters, together with Iran Helicopter Support and Renewal Company, successfully completed the testing of the light multirole helicopter Ka-226T in Iran in Aug.–Sept. 2017.

Close to 504,000 tons of watermelon worth nearly $97.8 million were exported from Iran to 29 countries during the five months to August 22, registering an 18% and 33% growth in weight and value…

The United States House of Representatives adopted measures on Wednesday to prevent sales of commercial aircraft to Iran, despite warnings from some Democrats that it would undermine the nuclear…

Tehran Stock Exchange’s main index TEDPIX lost 152 points or 0.2% during the week that ended September 13 to close at 83,524.

Trading at Iran’s stock markets starts on Saturday and ends…

Belarus is holding talks on setting up joint venture funds with Iran and China, Deputy Economy Minister Pavel Utyupin told BelTA in an interview. “The work to set up joint venture funds with…

The global market for ornamental plants and flowers is worth a remarkable $20 billion per year, though Iran accounted for only $24 million of it in the last Iranian year (ended March 20, 2017),…

An Iranian mission led by Chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei has concluded its visit to Ukraine on Friday.

A joint forum between traders of Iran and Bulgaria is scheduled to be held in Iran Chamber of Commerce, Industries, Mines and Agriculture headquarters in Tehran on October 3.

The seventh round of Iran Telecom Conference was held in Tehran on September 12 to review recent developments in the domestic communications and Internet industries.

Dubbed ITC 2017, the…

The Sharif University of Technology has launched a science and technology park. So far four innovative companies have registered with the accelerator known as University of Sharif Tech…

China's CITIC Trust will extend $10 billion credit line for supporting projects in lran, based on an agreement signed between the company and five Iranian banks at CITIC Group headquarters…

Apple Inc. on Tuesday unveiled its long awaited premium smartphone iPhone X - pronounced iPhone 10.

According to the company’s official website, the device is offered in two colors,…

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 Wednesday. The greenback was traded…

Minister of Roads and Urban Development Abbas Akhoundi has called on the administration to reduce top-down interventions aimed at solving challenges facing major metropolitan areas and to…

Amin Investment Company CEO, Saeed Bodaghi, announced the initiation of “Center for Health Solutions” as the first center for financial advisory services in health sector, stating: “The…

The Central Bank of Iran's governor has declared that the administration has no interest in letting foreign exchange rates climb and that it will take measures to keep the forex market stable.…

The Ministry of Roads and Urban Development is coming up with innovative tools to finance the key housing sector in the coming years, its deputy for housing said.

Iran’s largest auto manufacturer plans to issue the largest volume of Islamic bonds the Iranian capital market has seen issued by one entity.

The Third International Exhibition on Pharmaceuticals and Related Industries, also known as Iran Pharma 2017, opened in Tehran on Tuesday.

Attended by top industry officials and more…