More than 240 tons of flowers worth $2.42 million were exported from Iran to 25 countries during the first four months of the current fiscal year (March 21-July 22), the Islamic Republic of Iran…
Economy
Economy
There were high hopes for the Iranian mining industry after the lifting of international nuclear sanctions against Iran. Exploiting massive reserves of copper, iron ore, zinc and lead in an…
Economy
A US research team for the first time has developed a computer algorithm that is nearly as accurate as people are at mapping brain neural networks.
When fully operational the new system…
Economy
A new Mobile Virtual Network Operator (MVNO) Shatel Mobile will launch their new mobile network this week. It will sell its own SIM cards but will make use of MTN-Irancell, RighTel or MCI…
Economy
A payment facilitation website called ‘Laklak’ (meaning stork) has been launched allowing people to purchase from sites such as Amazon, Aliexpress and Ebay.
Iranians cannot buy…
Economy
Telecom regulators of 23 countries from the Asia-Pacific will meet in Delhi this month to discuss challenges in framing rules for digital ecosystem and regional roaming, among others.
Economy
In an underhand move Apple Inc. has once again removed applications of several Iranian companies from the company’s iOS App Store.
Economy
Bank Melli Iran issued 3,092 Islamic Treasury Bills worth over 47 trillion rials ($1.2 billion) during the first quarter of the current Iranian year (started March 21).
Economy
Mohammad Shariatmadari, industries, mining and trade minister-designate, has pledged to lower banks’ interest rates and overhaul the current system of determining foreign exchange rates to…
Economy
Iran’s Bank Refah, affiliated with the Social Security Organization, is planning to expand domestic and foreign operations, mainly by raising its capital by 80 trillion rials ($2.1 billion).
Economy
Minister of Roads and Urban Development Abbas Akhoundi, nominated to again head the ministry in the second tenure of the administration, was in parliament on Saturday to outline his plans.
…Economy
Iranian President Hassan Rouhani, who is beginning his second term after an overwhelming electoral victory in May, has promised to fix the economy but one huge obstacle stands in his way: deep…
Economy
Iranian airlines are placing massive orders for short- to medium-haul passenger planes, indicating Iran is a huge market for narrow-body jets.
Economy
Tehran Stock Exchange’s main index gained 213 points or 0.26% to end Saturday trade at 81,954.9.
About 1 billion shares valued at $72.33 million changed hands for the day.
…
Economy
Major Iranian iron ore producers manufactured 12.49 million tons of iron ore concentrate during the first four months of the current fiscal year (March 21-July 22), registering a 28.3% growth…
Economy
German manufacturing company and leading global filtration specialist, MANN+HUMMEL, opened an office in Tehran and for the first time has its own representation in Iran.
Economy
The Qatari government has facilitated business trips for Iranians by issuing six-month visas for merchants and businesspeople from the Islamic Republic, Tehran Chamber of Commerce, Industries,…
Economy
Tehran will host the 26th Iran Handmade Carpet Exhibition from August 23 to 29, according to the website of Iran International Exhibition Company. The event, organized and sponsored by Iran…
Economy
Iran can help Syria accelerate its reconstruction and development projects, a senior Iranian trade official said.
Economy
Gilan Tourism and Racing Association has staged Iran’s first organized and regulated 400m drag race in Bandar Anzali.
Drag racing is a type of motor racing in which automobiles or…
Economy
Fiat Chrysler Automobiles is joining the self-driving alliance led by BMW Group, Intel and Mobileye, becoming the second automaker in the year-old group to opt to partner in developing an…
Economy
Iran’s commercial attaché in Islamabad led an economic delegation to the Pakistan Association of Automotive Parts & Accessories Manufacturers (Paapam) offices in Lahore last week to…
Economy
The government has passed new rules that require auto importers to scrap 2-8 old cars for each imported unit.
According to the ruling, “issuance of registration plates” will require…
Economy
Iranian banks returned 1.5 million checks worth 130.6 trillion rials ($3.4 billion) during the month that ended on July 22, the official website of the Central Bank of Iran reported. The number…
Economy
Governor of the Central Bank of Iran Valiollah Seif in a letter called on the chief executives of banks to prioritize financing small- and medium-sized enterprises in the current Iranian year (…
Economy
