Uncertainties in the equity market weighed on Iran Fara Bourse’s overall index to shed 5.21 points or 0.66% and close at 782.24. The IFX wrapped up its third consecutive trading day in red. As IFB…
Economy
Economy
French carmaker Renault is in talks to buy a minority stake in its Iranian joint venture, the Wall Street Journal cited an executive at the Iranian firm as saying. Nasser Aqamohammadi, managing…
Economy
Iran Khodro Spare Parts and After-Sales Services Company has been declared the best after-sales service provider in the country for the third consecutive year.
Economy
Renault Pars, Renault's local subsidiary in Tehran, has announced plans to release an automatic version of its Duster model.
So far, the Duster high-chassis vehicle has been available in…
Economy
While a lot of attention after and even before Iran clinched a nuclear deal with the P5+1 group , namely France, China, Russia, the US and the UK and Germany, in Vienna on July 14 has been on…
Economy
Iran produced 1.42 million tons of crude steel in the month of June, up by 1.5% compared with June 2014 and superseding France as the 13th largest steel producer in the World Steel Association’s…
Economy
Iran Fara Bourse’s main index IFX notched down 4.33 points or 0.56% to close at 787.45 on Sunday. As IFB reported, more than 85 million securities traded at IFB, valued at more than $385 million…
Economy
The comprehensive deal on the Iranian nuclear issue was made only a fortnight ago, yet western companies, excited by Iran’s rich oil reserves and enormous market, cannot wait to return to the…
Economy
A bustling day at Iran Mercantile Exchange saw the offering of various commodities on the oil and petrochemical trading floor on Sunday.
Economy
The majority of stocks kept retreating on Sunday, weighing on Tehran Stock Exchange’s benchmark to slip 59.13 points or 0.09% to 66,977.2. TEDPIX recorded its sixth consecutive trading day in red…
Economy
Foreign currencies rallied against the rial on Sunday as the uncertainty surrounding sanctions relief following the nuclear deal between Iran and P5+1—US, Britain, France, Russia, China and…
Economy
International credit rating agency Capital Intelligence improved its outlook for Iran and its currency, the rial, on Sunday, reflecting the improving prospects of Iran after agreeing to limit its…
Economy
Western and Middle East insurance specialists see Iran as an appealing $8 billion market in the wake of its nuclear deal with world powers.
Economy
Governor of the Central Bank of Iran Valiollah Seif has urged bankers to restrain themselves from indulging in “illusory competition” when engaging in international transactions in the post-…
Economy
Austrian President Heinz Fischer is scheduled to visit Iran on September 7-9. According to Mehr News Agency the visit is aimed at promoting trade and sustainable economic ties between Tehran and…
Economy
The government will not be able to invest in transportation infrastructure in ten years’ time, says the Minister of Roads and Urban Development.
“In the best-case scenario, the revenues…
Economy
Poland’s Deputy Prime Minister and Economy Minister Janusz Piechociński is to visit Tehran in September along with a group of businesspeople, as part of Poland’s efforts to tap into the lucrative…
Economy
An increase in domestic fruit supplies has led to a significant drop in fruit smuggling, says the head of Fruit and Vegetable Sellers Union. “Fruit prices have dropped considerably.
Economy
In a meeting between director of Asia and Pacific Department at Iran’s Chamber of Commerce, Industries, Mines and Agriculture Aliasghar Farshchi and representatives of Japan’s External Trade…
Economy
About 235,500 tons of rice worth $242.9 million were imported from Pakistan, the United Arab Emirates, Thailand, Turkmenistan and India in the first quarter of the current Iranian year (March 21-…
Economy
The Sixth International Conference on Nanostructures, which will be hosted by Kish Island, is calling for submission of abstracts.
Economy
Designing, manufacturing and launching a domestic telecommunications satellite is the most important item on the Iranian Space Research Center's agenda in the sixth five-year economic development…
Economy
Toshiba's billion-dollar accounting scandal has shone a light on corporate culture in Japan still beset by collusion in its senior ranks, unquestioning employees and poor external controls,…
Economy
T he US dollar rallied after two days of decline against the rial, as investors sold their shares to buy dollars as a row between Iran and the United States sent investors running for safety.
Economy
Hossein Abdoh Tabrizi, head of Financial and Economic Research Institute of Transport and Housing, has called for establishment of a fund to help finance construction of highways and freeways.…
Economy
