President of Azerbaijan Ilham Aliyev inaugurated the Neftchala Industrial District on Sept. 24 and visited Iran Khodro’s factory now under construction.
Located in southeast Azerbaijan,…
Economy
A local auto importer Datis Khodro said Tuesday it is on the verge of signing a joint venture auto production deal with an unnamed international company.
CEO of Datis Khodro Milad…
More than 1 million tons of rice worth $963 million were imported into Iran during the five months to August 22, registering a 79% and 102.5% growth in weight and value respectively compared…
The southern port of Bushehr accounted for 51% of Iran’s maritime trade in the first half of the current Iranian year (March 21-Sept. 22, 2017), the director general of Bushehr Ports and…
The Pakistani government has decided not to relax the conditions to import tomato from India even after the shortage in Punjab and other parts aggravated.
However, efforts have been made…
An Iranian trade delegation will visit Tbilisi, the Georgian capital, from October 8 to 11 to attend the sixth session of Iran-Georgia Economic Commission.
Hossein Salahvarzi, the deputy…
Tehran Mayor Mohammad Ali Najafi said the municipality owes over 300 trillion rials ($7.69 billion), mostly to banks and contractors.
“The outstanding debt is 1.7 times more than the…
Local media reported on Monday that Iran has received two Eurocopter EC-145 emergency choppers.
The two choppers reportedly were delivered at Tehran’s Imam Khomeini International Airport…
After spending relatively tranquil days in the last week of summer, the greenback is rising again in Tehran’s foreign exchange market, heralding a bullish trend as autumn starts.
Representatives of Alborz Export Promotion Company met with a delegation from Russia’s Elbin Bank to discuss ways of expanding banking and trade ties.
A high-ranking trade delegation from the Iranian private sector has travelled to Madrid, Spain, and met with the heads of CESCE, the European nation's export credit agency, to resolve banking…
Governor of the Central Bank of Iran Valiollah Seif announced that in the first term of President Hassan Rouhani’s presidency, about 30 cases of violations by banks were sent to CBI’s…
German plastics and rubber machinery association VDMA has voiced its confidence in the Iranian market, as 46 German suppliers attended the Iranplast rubber and plastics show in Tehran this week…
Iranian and Turkish customs authorities agreed upon eight key issues on Monday.
Agreements reached between the head of Islamic Republic of Iran Customs Administration Foroud Asgari and…
Iran’s largest flat steel producer Mobarakeh Steel Company ended the first half of the current year (March 21-Sept. 22) with notable growth in sales value and modest upticks in production and…
The construction of Butia Iranian Steel Company’s 5.2-million-ton iron ore pellet plant in Kerman Province is scheduled to be completed by late November, the head of Majlis Economic Commission…
Tehran Stock Exchange’s main index gained 111.90 points or 0.13% to end Tuesday trade at 85,628.8.
About 896 million shares valued at $49.94 million changed hands for the day.
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The ninth round of International Micro Air Vehicles Conference and Flight Competition was held in Toulouse, France from September 18-21, where teams from Iranian universities made their way to…
ITU Telecom World 2017 kicked off on Monday in Busan, South Korea, where global ICT leaders meet. Like the previous rounds, telecom companies and senior officials are attending the event during…
Technology stocks including Facebook, Microsoft and Alphabet dropped sharply on Monday, increasing worries that the top-performing sector is falling out of favor as investors look elsewhere for…
The University of Tehran is set to hold a three-day startup weekend ‘UT Let’s Start’ from October 11 to 13.
According to the university website, the event will be held at the Faculty of…
The administration of President Hassan Rouhani is mulling new measures to make home loans more appealing to first-time homebuyers, as it seeks to lift the key housing sector out of the doldrums…
Head of the Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei will soon attend the next meeting of the Money and Credit Council–a financial decision-making body–to…
Minister of Economic Affairs and Finance Masoud Karbasian and Governor of the Central Bank of Iran Valiollah Seif have jointly signed a directive regarding bank balance sheets that could finally…
Tehran Stock Exchange’s main index shed 71.90 points or 0.08% to end Monday trade at 85,516.9.
About 801 million shares valued at $63.078 million changed hands for the day.
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