The US dollar experienced a hike in both the official exchange market and the Tehran open market on Wednesday as Bahar Azadi–the benchmark Iranian gold coin– fell.The greenback was traded at 32,…
Economy
The role of the Asian Infrastructure Investment Bank (AIIB) in Iranian economic projects was discussed in a meeting between the president of the China-based bank and the minister of roads and…
Real estate agents are willing to help the government get rid of the Mehr housing inventory that have no buyers, said Hessam Oqbaei, the head of Tehran’s Association of Realtors.
The Cabinet has decided to slash taxes on research projects down to 5%, says the head of Iran’s National Tax Administration. The bill for the tax cut is being prepared to be sent to the parliament…
The chief executive of Iran Mercantile Exchange agreed with the head of Real-Estate Agents Union to create an index to gauge the housing market.
Upendra Kumar Sinha, the head of India’s markets regulator, is touring Iran’s securities markets with two of his deputies along with India’s Ambassador to Iran Saurabh Kumar.
The officials…
Iran ranks 139th in the latest World Economic Forum annual report on “The Global Gender Gap”—a two-notch improvement from last year’s 141st.
The WEF report gave Iran a score of 0.587 in…
Mobarakeh Steel Company has asked the Iranian government to reduce the import duty on steel strip products by 25%, the company’s managing director said.
“To support downstream industries,…
Tehran Stock Exchange’s main index inched up 32.20 points or 0.04% to end Wednesday trade at 79,268.4.
More than one billion shares valued at $210.4 million changed hands for the day.
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As new vehicles are coming off the assembly in Fremont right now, Tesla is making the transition from its first generation Autopilot hardware to its second generation device to gradually enable…
The MG6 has been named as the UK’s biggest value loser, according to a study that says the car is worth only a quarter of its price after three years.
The new study by CAP and Auto Express…
Arian Motor Taban, the official representative of France’s DS brand in Iran, unveiled the DS 5LS model in its main showroom in the north of Tehran. According to local automotive website Car-Net,…
British luxury marquee Jaguar confirmed reports it would build an electric car and has revealed a concept vehicle dubbed “I-Pace”.
The new car will make its debut at the Los Angeles Motor…
The 2018 Alfa Romeo Stelvio–the first crossover from the resurrected brand–is aiming to take on a raft of other European and Asia crossovers now dominating vehicle sales.
Stelvio, named…
US President Barack Obama’s administration said he would veto legislation seeking to block financial transactions related to the export of passenger aircraft to Iran, saying it would undermine the…
Iran exported 4.6 million tons of non-oil goods worth $2.2 billion to South Korea during the seven months to October 21. The export value during last year's corresponding period stood at only $59.…
The Islamic Republic of Iran Customs Administration announced that all customs procedures for exports are now being carried out electronically. Following the implementation of the so-called Single…
Data from nearly 19.5 million or 81% of households have been collected from across the country by field officers since the beginning of the door-to-door phase of the eighth National Population and…
Seven provinces, namely Markazi Province (6.7%), West Azarbaijan (7.5%), Hamedan (8%), Semnan (8.1%), Zanjan (8.2%), North Khorasan (9.7%) and Gilan (9.9%), registered single-digit unemployment…
Iran’s Economy Minister Ali Tayyebnia left Tehran for Brasilia on Tuesday to attend a meeting of Brazil-Iran Economic Commission after a gap of two decades. He is also scheduled to meet Brazilian…
The joint Majlis commission for reviewing the sixth economic development plan (2016-2021) has passed a measure allowing the Central Bank of Iran to exercise its supervisory and disciplinary…
Axco Insurance Information Services (Axco) has released its latest country report on Iran, highlighting hesitancy from international brokers and reinsurers, despite the country offering vast…
The government has managed to lower the amount of non-performing loans of banks from 15% three years ago to 11%t, says Valiollah Seif, the governor of the Central Bank of Iran. The volume is…
Iranian banks must commit to increasing their capital and reaching a capital adequacy ratio of at least 8%, says a deputy economy minister.
"A minimum capital adequacy of 8% and reaching a…
Tehran Stock Exchange’s main index shed 105.30 points or 0.13% to end Tuesday trade at 79,236.2.
More than 1.2 billion shares valued at $78 million changed hands for the day.
Niroo…
