A delegation from Iran’s Alborz Province returned from a visit to Germany’s Rhineland-Palatinate on Saturday. As IRNA reported, in meetings with German companies during their weeklong stay, the…
Economy
The third Airbus passenger jet Iran has purchased, following the massive deal secured with the European planemaker, operated its first international flight on Friday, Mehr News Agency reported on…
The government has allocated 300 trillion rials ($8 billion) in the current fiscal year (March 2017-18) to spur growth in Iran’s manufacturing sector, Industries, Mining and Trade Minister…
The Department of Fishing in Bushehr has placed a ban on all fishing activities in the southern province’s waters in the Persian Gulf as of July 7 until the start of shrimp fishing season, Abbas…
Around 500 million pens are consumed in Iran annually, of which only 100 million are locally manufactured, the head of Stationery and Engineering Equipment Union said.
"About 400 million…
The average Producer Price Index in the 12 months ending June 21, which marks the end of the Iranian month of Khordad, increased by 6.5% compared with last year’s corresponding period, the…
About 1.35 million tons of commodities worth close to $490 million were exported from the western Kermanshah Province during the three months to June 21, 2017, director general of Kermanshah…
Iran exported some $30 million worth of commodities to Somalia in the last Iranian year that ended on March 20, 2017, registering a 38% increase compared with the year before, Trade Promotion…
Chairman of Iran’s Home Appliances Association Mohammad Tahanpour believes the main problem with local brands of home appliances is their failure to offer replacement warranty. This shortcoming,…
Starting in the spring of 2018, Daimler buses will offer Active Brake Assist 4 (ABA 4) for its Mercedes-Benz and Setra buses. It is the world’s first system built for buses that incorporates both…
Volkswagen’s first vehicle with a 48-volt mild hybrid will be a Golf-sized model, as part of a push to catch up with firms like Tesla, Renault and GM who are spending huge sums to develop…
The Lina electric vehicle, developed by TU/Ecomotive (the student team of Eindhoven University of Technology) employs a combination of a bio-based composite and bioplastics to create a lightweight…
Allowing import permits to auto manufacturers alone will give them ample space for monopoly to consolidate their position in the auto industry, says head of Iran’s Auto Importers Association,…
Several auto enthusiasts had predicted the end of the Chinese auto market outside of the country’s mainland, but according to a new report by Automotive News China in Beijing, French PSA Group…
The US dollar, which had begun a surprise rally since the past 10 days, gained about 300 rials to be exchanged for 37,720 rials, marking a new record for the greenback against rial in Tehran's…
Businesses and private sector representatives expect the Central Bank of Iran to speed up the process of unifying forex rates since the gap between free market and official exchange rates promotes…
In line with President Hassan Rouhani's housing policies, the Ministry of Roads and Urban Development has devised four general policies to promote home ownership for the middle-income group.…
President Hassan Rouhani’s Cabinet has authorized the Central Bank of Iran to allocate 9 trillion rials ($240 million) worth of loans to the Central Organization for Rural Cooperatives of Iran…
Iran and Croatia have signed an agreement on banking and payment arrangement, the minister of cooperatives, labor and social welfare announced. “The governor of the Central Bank of Iran has…
About 130,000 tons of raisins worth more than $271 million were exported in the last Iranian year that ended March 20, 2017, registering a 7% increase in value compared with the previous year,…
Having fallen under the adverse effect of international sanctions against Iran over its nuclear program, the Iranian machine-made carpet industry, like many other industries, slipped into…
More than 1,680 tons of shampoo worth more than 116.9 billion rials (over $3.1 million) were imported into Iran during the first month of the current fiscal year (March 21-April 20).
Spain…
Iran exported more than $4.31 million worth of goods to Senegal in the last Iranian year (March 2016-17), registering a 145% jump compared with the year before, director general of Trade Promotion…
About 4.8 million tons of goods were transported via railroad in the southern Hormozgan Province during the first three months of the current Iranian year (March 21-June 21), registering a 12%…
Managing director of the Islamic Republic of Iran Shipping Lines, Mohammad Saeedi, attended the Combined Annual General Meeting of Bureau Veritas in Paris on Thursday at the invitation of the…
