Iran’s railroad transportation capacity needs to increase fourfold to 88 million tons in about nine years to help fulfill the steelmaking target set in the 20-Year Vision Plan (2005-25), said an…
Economy
A large segment of Iran’s workforce is jobless.
A new study shows long-term unemployment at alarming levels, especially among college graduates and women. Although Iran’s economy is…
In a bid to minimize the export of unprocessed iron ore, all producers of the industrial material are mandated to prioritize meeting the domestic demand by offering their products in Iran…
Iranian steel buyers struggled to fix prices last week despite the stagnant market, which usually favors them in determining prices rather than sellers.
The above statement was made by…
About 33,000 tons of seafood worth $95 million were exported five months into the current Iranian year (started March 20), registering a 52% and 38% rise in weight and value respectively compared…
Close to 170,000 tons of apples worth $57.5 million were exported during the first half of the current Iranian year (started March 20), registering a 300% and 220% rise in weight and value…
The Iranian government has invited a prestigious group of international investors that includes the Heinz Family Office, Capital Group and Fidelity to visit the country following the relaxation of…
Russia’s Federal Agency for Tourism is speeding up the process of abolishing visa requirements for tours from Iran and India.
Speaking to the state-owned Russia-24 news channel, Oleg…
Minister of Roads and Urban Development Abbas Akhoundi arrived in Ecuador’s capital Quito on Sunday to participate in the Habitat III United Nations Conference on Housing and Sustainable Urban…
Iran exported some 488,500 tons of non-oil goods worth $290 million to Italy during the first half of the current Iranian year (started March 20), registering a 4% decline in value compared with…
Buoyed by Samsung’s embarrassment with its Galaxy Note7, Huawei announced the Nova and Nova Plus will be released in China from October 16, and is bound to build on the popularity of its other…
Demand for service robots is expected to accelerate in the next three years as robots, which are already used to perform tasks such as assisting medical surgery, milking cows or moving objects…
Windows Phone, that not loved mobile operating system, now has thousands of US police officers looking at their handsets, thanks to a deal between Microsoft and NYPD.
Iran’s Islamic Azad University is to offer undergraduate courses in game development, the university’s website announced.
IAU, which is the largest academic body of the country, and Iran…
The Sixth Bioinformatics Conference of Iran will be held at the University of Tehran on December15-13. The event has been organized by Iran’s Bioinformatics Society and the biochemistry and…
New guidance from the Obama administration offers reassurance to foreign banks which have been skittish about doing US dollar transactions with Iran, lawyers and former sanctions officials in the…
Export Development Bank of Iran, the state-owned bank specializing in financing foreign trade, has managed to reestablish correspondent relations with 90 banks in 65 countries after the lifting of…
Some banks are reportedly offering foreign exchange services through Automated Teller Machines. Confirming the news, Nasser Hakimi, head of Central Bank of Iran’s IT department, said the move is…
The banking overhaul plan–a roadmap enacted by President Hassan Rouhani to transform the outdated banking system–would allow the banking sector to fend for itself without relying on the Central…
Tehran Stock Exchange’s main index gained 231.30 points or 0.30% to end Saturday trade at 77,886.4 after four days of holiday.
More than 1.2 billion shares valued at $174.2 million changed…
A proposal by the Tourism Commission of Tehran Chamber of Commerce, Industries, Mines and Agriculture to extend the weekend has been finalized and will be submitted to the government, once it is…
Irish exporters can now ship sheepmeat to Iran, following an agreement with Iranian authorities.
Data is the lifeblood of modern markets. For better or worse, many investors tune into latest developments and base their trades on newest statistics, decisions and announcements by companies and…
Iran’s Mobarakeh Steel Company will increase production by more than 25% next year to meet growing domestic demand after the easing of international sanctions on the Persian Gulf country’s economy…
The 14th International Exhibition of Transportation and Urban Services will be held at Tehran’s International Exhibition Center on October 27-30.
