Russia’s Telecoms Minister Nikolai Nikiforov said his country’s space agency Roscosmos and Iranian space organizations are to increase cooperation in the field of aerospace technology.
Economy
One really wonders how to describe a country going through a currency devaluation and high inflation. You lose all notion of value. It is really hard to grasp 30% inflation and its effects from a…
Domestic rice production is estimated to exceed 2.1 million tons in the current fiscal year that ends in March 2017, indicating 8% increase compared to last year, according to deputy minister of…
Iran's Vice President for Science and Technology, Sorena Sattari, says 98% of domestic demand for medicine is produced inside the country, adding that Iran will soon export pharmaceuticals to…
Foreign Minister Mohammad Javad Zarif and his 80-strong accompanying delegation attended a joint economic forum in La Paz in the presence of Bolivian Leader Evo Morales on late Friday.
Lebanese Minister of Industry Hussein El Hage Hassan was to in Tehran on Saturday accompanied by a delegation to discuss ways to augment cooperation in science and trade, IRNA reported.…
The government has managed to finalize the construction of 800,000 Mehr housing units in the past three years and plans to finish the remaining 2,200 units by February 2017.
Governor of the Central Bank of Iran Valiollah Seif said initiatives are underway to prepare Iran's banking system for adopting Basel II and III standards.
The Export Development Bank of Iran is holding talks with the National Development Fund of Iran to open a $1 billion credit line to promote exports and offshore construction schemes, announced the…
The Central Bank of Iran has approved three applications by domestic banks for launching offices in Italy, Germany and the UK.
CBI’s Office for Banking and Monetary Permits on Saturday…
Tehran Stock Exchange’s main index shed 324 points or 0.52% to end Saturday trade at 77,757.5.
More than 784 million shares valued at $46.1 million changed hands for the day.
Pars…
The 15th edition of ‘Iran International Confectionary Fair’ will be held in Tehran September 13-16.
Mazandaran Post Office has launched a new service to deliver agricultural products across the country. The so-called AgroPost will help direct shipment of crops cultivated in the northern province…
Iran maintains its position as the world’s biggest direct reduced iron producer. World Steel Association’s latest data on DRI output for January-July period shows the Islamic Republic outperformed…
An estimated 28,000 tons of pistachio worth 8.3 trillion rials (close to $234.5 million) were exported during the first four months of the current Iranian fiscal year (March 20-June 20), which…
An estimated 40,000 tons of ginned cotton was produced in the last crop year – not a banner year for the industry with a record of 250,000 tons in cotton production once, says Alireza Haeri, a…
Google X’s Self-Driving Car unit hired Shaun Stewart, a high-level Airbnb executive, in a move that appears to underscore the Alphabet Inc. project’s transition from R&D initiative to…
Uber, the ride hailing service, has reportedly lost $1.27 billion in the first half of 2016 alone. This whopping loss is operational and not a result of one time charges or anything of the sort.…
Three major Iranian car manufacturers have recently hiked prices unexpectedly.
This has been done despite the repeated warning of experts that the auto market is not ready for price hikes…
The goods and services Consumer Price Index for urban areas in the 12 months ending August 21, which marks the end of the Iranian month of Mordad, increased 8.9% compared with last year’s…
The central banks of Iran and Ecuador on Wednesday agreed to open accounts in euro and each other’s currencies for expanding relations between the two countries’ banks, opening letters of credit…
South Korea will launch a euro-based settlement system for transactions with Iran next week, one of the biggest financial barriers to trade with Iran, following the lifting of international…
Some 17,032 houses were sold in Tehran during the month ending August 21, marking a year-on-year growth of 30.1%, continuing a bullish trend that could herald a recovery for the depressed property…
The Central Bank of Iran has opened bank accounts in major European and Asian countries and secured 542 such openings so far, according to the deputy governor of CBI for foreign exchange affairs…
Public joint-stock company Azovobschemash (Mariupol, Donetsk region), the flagship company of the leader of Ukrainian heavy engineering Azovmash Group, will ship 3,000 wagons to Iran, the…
