Economy

  • The rial/dollar exchange rate needs to increase, says a new research by the Institute for Management and Planning Studies, a well-known Tehran-based think-tank affiliated to the Presidential…

    Economy
  • The government has reached preliminary agreements to buy 15 passenger planes by the end of 2015, IRNA quoted deputy minister of roads and urban development, Asghar Fakhrieh, as saying on Sunday.…

    Economy
  • Bulgaria can be a gateway for export of Iranian products to European countries just as Iran could be a pathway for Bulgarian products to Middle East, Commonwealth of Independent States and other…

    Economy
  • More than 100,000 tons of agricultural products worth $141 million were exported from Mazandaran during the first half of the current Iranian year (started March 21), according to the Agricultural…

    Economy
  • More than 590 million tons of goods were transported via railroads during the first half of the current Iranian year (March 21-September 22, 2015), indicating an increase of 103% compared to the…

    Economy
  • Two-thirds of Germans still believe Volkswagen builds "outstanding" cars, despite a high-profile emissions-test cheating scandal that has damaged its image, a survey found.

    Economy
  • Turkey is to produce the Saab 9-3 sedan vehicle, as the incumbent government has bought the rights to produce the car.

    The new "national car" will be based off the old 9-3 and will begin…

    Economy
  • Relatively unknown Chinese car manufacturer Qoros has revealed the mid-sized Qoros 5 SUV in Milan, Italy, and they have mesmerized the audience with their breathtaking designs.

    Economy
  • Local customers have responded warmly to the new Brilliance cars, according to the latest publication by the Iran Standards and Quality Inspections Association.

    In a report in Donyaye…

    Economy
  • An Iranian bus manufacturing company is attending Busworld Kortrijk, an exhibition of buses and coaches that opened on Friday in the Belgian city.

    Oghab Afshan Industrial and Manufacturing…

    Economy
  • Motorcycle and speaker manufacturer Yamaha has revealed it is to show a sleek sports car design concept at the Tokyo Motor Show 2015 next week as part of its huge 20-model display.

    Said to…

    Economy
  • The German government will lend its support to the country’s companies that are keen to invest in Iran, said German Foreign Minister Frank-Walter Steinmeier.

    Economy
  • India’s Prime Minister Narendra Modi is due to hold a meeting with different ministries to discuss their investment proposals, worth a total of over $30 billion, in Iran’s Chabahar Port, Indian…

    Economy
  • The 14th International Exhibition of Heating and Cooling, Ventilating, Air Conditioning, and  Refrigerating known as ‘HVAC&R 2015’ opened in Tehran’s International Permanent Fairground on…

    Economy
  • More than 5.7 million liters of aviation fuel were exported to Afghanistan and Armenia in the sixth Iranian month of Shahrivar (August 23-September 22), says National Iranian Oil Refining and…

    Economy
  • The Second Conference of Iran Distribution Industry, held in Tehran last week, was attended by top government officials, members of Iran Chamber of Commerce, Industries, Mines and Agriculture,…

    Economy
  • The textile industry’s spinning wheels have long driven the developing countries’ economies forward, as the industry accounts for a significant share of the GDP and total exports of various…

    Economy
  • Iran Mercantile Exchange offered 120,000 tons of different commodities on Sunday. According to IME, National Iranian Copper Industries Company supplied 1,000 tons of copper cathodes, 1,000 tons of…

    Economy
  • With time and consequences, the economic landscape in Iran has changed, some would say almost completely. Thanks to the international agreement to close the nuclear dossier once and for all, the…

    Economy
  • A former head of Tehran’s Chamber of Commerce says even if cutting interest rates would mean loss for commercial banks; they will have to adjust to lower rates because it is the first step to cure…

    Economy
  • The Governor of the Central Bank of Iran briefed local bankers on the key aspects of the new economic/monetary incentive package that was unveiled on Saturday, the official website of the bank…

    Economy
  • Six Iranian financial institutions are ranked among the world’s top 75 acquirers according to The Nilson Report’s latest ranking, reported ebinews.com. Behpardakht Mellat is ranked 22, Saman e-Pay…

    Economy
  • Bank of Industry and Mine paid 26 trillion rials ($868 million) in loans to Iranian manufacturers and entrepreneurs in the first half of the Iranian fiscal year that started on March 21, reported…

    Economy
  • Under a memorandum of understanding between Iran’s Electronics Industries and Chinese BeiDou Navigation Satellite System, Beijing will transfer its BDS technology to Tehran.

    China will…

    Economy
  • Some of the world's largest tech firms have come together to issue a public protest against a controversial US cybersecurity bill that is likely to be passed by politicians in that country.

    Economy