SAIPA’s new Saina automatic will be available in the market by the end of the current Iranian year (March 20, 2017). The price of the new model has been estimated at 320 million rials ($9,…
Economy
Iran currently holds a 20% share in the global markets for hand-woven carpets, Seyyed Razi Haj-Aqamiri, a board member at Tehran Chamber of Commerce, Industries, Mines and Agriculture, said.
Statistics by Food and Agricultural Organization on food waste in Iran are staggering.
According to these figures, 1.3 billion tons of food, mainly fruit, vegetables, fish and grains, are…
Russia’s rolling stock and defense group Uralvagonzavod (UVZ) Research and Production Corporation has started shipping its rail carriages to Iran, CEO Oleg Sienko announced on Friday. He said 600…
Iran has expressed interest in participating in the China-Pakistan Economic Corridor Project (CPEC), terming it one of the biggest projects of the region. Iran’s Ambassador to Pakistan Mehdi…
Iran-Netherlands Trade and Cultural Center was inaugurated in The Hague. On hand for the opening ceremony were Iran’s Ambassador to the Netherlands Alireza Jahangiri; deputy head of Iran Chamber…
Iran Chamber of Cooperatives and Taavon Insurance (Cooperative Insurance) Saturday signed an agreement, according to which the insurer will provide members of the chamber insurance coverage with…
The action plan of the Central Bank of Iran regarding the implementation of the Banking Overhaul Plan is premised on 10 key factors, said the vice-governor of the bank.
Eight months after the lifting of the sanctions, Iranian ships are gradually getting coverage from international P&I Clubs–a privilege denied during the sanctions years that hit many…
The Money and Credit Council, the highest policymaker in financial markets, has allowed Bank Maskan to offer regional housing loans in a bid to boost the long-stagnating housing market. MCC has…
Mouteh Gold Mine produced 117 kilograms of gold ingots during the first five months of the current Iranian year (March 20-August 21), indicating an 18% increase compared with last year’s…
Foreign investments in domestic securities market have increased 140% since the implementation of the nuclear deal to stand at 11,700 billion rials (about $329 million at market exchange rates…
Iran Mercantile Exchange recently published a report on the commodity exchange’s metals and minerals trade in 2015, outlining the causes of retreating prices and shrinking trade compared to the…
Tehran Stock Exchange’s main index shed 101.90 points or 0.13% to end Saturday trade at 76,640.3.
More than 520 million shares valued at $31.3 million changed hands for the day.
Irka…
France’s National Assembly President Claude Bartolone recently toured the facilities of Iranian carmaker Pars Khodro.
“I’m confident that the cars, which will be produced at Pars…
New-car sales in Russia fell 18% to 113,749 in August, after a 17% fall in July, the Association of European Businesses (AEB) lobby group said.
Mazda Motor Corp. said it would recall 2.3 million vehicles worldwide over potential problems with their rear gates, along with a separate issue involving diesel engines.
Modiran Vehicle Manufacturing unveiled its latest MVM X33 SUV in a ceremony on September 7. The updated vehicle was unveiled at a showroom in east Tehran.
To support domestic garment producers, promote exports and prevent smuggling, the Ministry of Industries, Mining and Trade has issued a directive that requires international clothing retailers and…
The Ninth Iran Stone Expo 2016 is scheduled to be held from September 14-17 in the city of Mahallat in Markazi Province, central Iran, according to the executive director of the event.
Summer, particularly its final month of Shahrivar (started Aug. 22), is a popular time for Iranians to go on vacations by road where they unfortunately leave behind an alarming trail of death,…
The completion of road, highway, freeway and railroad projects in Iran requires up to 130 trillion rials (close to $3.66 billion at market exchange rates), according to deputy minister of roads…
Iran exported over 900,000 kilograms of henna worth $2.81 million in the first five months of the current Iranian year (March 20-August 21), the Islamic Republic of Iran Customs Administration…
An economic forum will be held in Yerevan on September 20 to explore ways of boosting cooperation between Iran and the Eurasian Economic Union, Armenian Economy Minister Artsvik Minasyan announced…
Due to the increase in red meat prices in the domestic market, the export of livestock has been banned from August 31 to October 1, the head of the National Assembly of Livestock Exporters said.…
