The Iran Aviation Finance Summit organized by the Center for Asia-Pacific Aviation opens at Tehran’s Imam Khomeini International Airport today.
Iranian officials, alongside 150 officials…
Economy
The Banking Reform Bill calls, among other things, for creating a supreme board for monitoring the performance of banks, said the director of Association of Banking and Credit Investment…
Negative scores in the record of auto policyholders shall be included in determining auto insurance rates, head of the Central Insurance company of Iran announced this week.
A recent report by the Central Bank of Iran indicates a 9.3% drop in the average lending rates in the interbank market during the previous fiscal year (ended in March). According to the CBI, the…
Banks have no plans to lower interest rates and are lobbying with the regulator to keep the rates steady for now, said the head of the Association of Private Banks on Saturday.
A day after the interest rates of Housing Savings Account were lowered to single figures, a record number of applicants registered with the scheme, says Bank Maskan’s director for planning affairs…
Tehran Stock Exchange’s main index shed 350.50 points or 0.46% to end Saturday trade at 76,104.9.
More than 486 million shares valued at $49.9 million changed hands for the day.
…
More than 70 Armenian companies producing food, medicines, construction materials, light industry products, jewelry, as well as companies offering IT, banking and insurance services will…
Contrary to the great expectations concerning the copper industry’s potentials, mineral exploration initiatives undertaken by the government have so far borne no fruit.
According to the…
Mehdiabad Lead and Zinc Complex produced over 390,000 tons of barite in the five months of the current Iranian year (started March 20), indicating a 34% rise compared with last year’s…
Iran Fara Bourse’s intellectual property market saw its fourth round of trading.
The Iranian Privatization Organization has sold stocks worth 1.69 trillion rials ($47.4 million at market exchange rate) in government-owned companies five and a half months into the current…
The Iranian government supports biotechnology research and efforts to advance transgenic technologies in agriculture, says government spokesman, Mohammad Baqer Nobakht. He also rejected the scare…
More than 42 million tons of goods were loaded and unloaded in the ports of Hormozgan Province in southern Iran during the five months of the current Iranian year (started March 20), registering a…
Deputy Agriculture Minister Ali Akbar Mehr-Fard said Russia’s leading food retail companies, namely X5 Retail Group and DIXY Group, are ready to source a wide range of food items, including…
Iran and India are now opening a new chapter in bilateral relations.
The impact of growing ties between the two countries, which have maintained cordial relations characterized by low…
Heading a 40-member economic delegation, the minister of economics, energy, transport and regional development of the German state of Hesse, Tarek Al-Wazir, arrived in Tehran on Friday, to survey…
The government is starting the repayment of its long overdue liabilities to contractors and pensioners as of Saturday, said government spokesman, Mohammad Baqer Nobakht, on Friday.
A one-day forum focused on Iran-Australia commerce has been scheduled to coincide with Aussie Trade Minister Steven Ciobo’s visit to Iran on September 28.
Food exports from Iran during the five months of the current Iranian year (started March 20) amounted to $850 million, which indicates a 2% increase compared with last year’s corresponding period…
Transport ties between Iran and Kazakhstan are thriving with the establishment of a new direct flight between the two countries’ Caspian regions and the launch of a new shipping route.
As…
An American electric engine company has announced it has broken the Guinness World Record for electric miles driven in a 24-hour period.
The company, True Zero, announced it had completed…
Volkswagen has released photos of a new electric car they plan to display at the Paris Motor Show later this month.
The company has become born-again electric car enthusiasts since…
Chinese car company Chery announced it will open its showrooms on Fridays (the Iranian weekend) for the first time.
Chery and its sister company MVM have been gradually expanding their…
Auto production increased at some local companies while it dipped at others in the Iranian month starting July 22. Production at the country’s largest car manufacturer, Iran Khodro Company, SAIPA…
