MTN-Irancell, Iran's second largest mobile network, has announced a new mobile phone application for offering mass discounts to select partner stores, according to a new release from the company…
Economy
Economy
A representative at PepsiCo has told the Fortune magazine that the company is making smartphones but will not be manufacturing the technology, rather it will team up with a licensing partner, like…
Economy
IRIB's recent announcement about issuing licenses for five companies to launch Internet Protocol Television by his respective organization sparked a series of reactions by other officials. …
Economy
Japan's Nippon Electric Company, one of the largest electrical firms in the East Asian country, has said it will enter the country's telecoms sector, according to a new report out this week.
Economy
An Iranian researcher has developed biodegradable and biocompatible nano-pesticides that kill pesticides without causing any environmental contamination. Narges Memarizadeh, the project’s director…
Economy
Twenty-eight Iranian companies participated in the Sixth International Panarmenian Expo 2015 held in Yerevan, Armenia, on October 8-11.
Economy
The Ministry of Agricultural Jihad is planning to increase butter production by exploiting unused capacities in dairy processing firms while improving the quality of raw materials, said the head…
Economy
Despite shortcomings in Iran’s packaging industry, the country’s glass packaging, particularly in food industry, is in good condition, as domestically-made glass bottles are exported to…
Economy
Iran is willing to assist Afghanistan in transportation and housing construction sectors, Iran’s minister of roads and urban development said.
Abbas Akhoundi made the statement in a meeting…
Economy
Industrial production units, with annual production worth more than $1.4 million, that cooperate with academics in scientific research will be awarded with 10% tax exemption, announced deputy…
Economy
The total number of branches of insurance companies in Iran registered a year-on-year growth of 2.5% in the previous Iranian fiscal year that ended on March 20, reaching 1,037, according to data…
Economy
Head of the central bank and Iran's economy minister held talks with their counterparts on the sidelines of the annual meeting of the World Bank Group and the International Monetary Fund which was…
Economy
Iranian New Towns Development Company and the Korean builder Daelim are getting ready to sign a €900 million agreement for building Kharazmi city in southeast Tehran. According to NTDC’s website,…
Economy
Bank Melli has so far allocated a total of 200 trillion rials ($667 million) in loans to the completion of unfinished projects across the country in the present year, said Abdolnaser Hemati, the…
Economy
Despite their seemingly unending struggle in lending to needy manufactures and businesses, Iranian banks are rather strangely cultivating some unheard love for art. Although banks’ artistic…
Economy
Iran Insurance Company (IIC) says it will pay 300 billion rials ($9 million) in claims by families of the victims of the recent disaster in Mecca, the company’s CEO Seyyed Abbas Husseini said on…
Economy
Tehran Stock Exchange’s main index TEDPIX inched up 9 points or 0.01% at Monday’s close to settle at 61,296.1.
Economy
About $180 million worth of various unprocessed and processed stones are exported every year, said deputy minister of industries, mining and trade for mining affairs, Jafar Sargheyni, during the…
Economy
More than 181,000 tons of aluminum ingots were produced by Iran’s three aluminum giants: IRALCO, Al-Mahdi and Hormozal, during the first half of the current Iranian year (started March 21),…
Economy
The official adoption of the Iran nuclear deal later this month will lead to the lifting of sanctions that will open opportunities in a country with a $500 billion economy that has been locked out…
Economy
Iran Mercantile Exchange featured about 129,500 tons of commodities offered by local suppliers on Monday.
Economy
Despite being hobbled by sanctions, Iran is in the midst of a shopping mall boom.
Several modern shopping malls, some of them only catering for luxury brands, have opened in the capital,…
Economy
Fiat is look to mimic the success of Renault's no-frills Dacia brand with its new compact car range based on the recently unveiled Aegea concept.
Economy
Iran's largest car producer, Iran Khodro, participated in a car show called AIAS-2015 in the Kazakh capital city of Astana this week.
The company presented four vehicles in Central Asia's…
Economy
As Iran's auto sector stagnates, several automotive manufacturing units, including auto part makers, are struggling to survive.
The severity of the situation has gone so far that…
Economy
