Close to 200 entrepreneurs, business experts and representatives of banks, industries and companies from the Italian region of Emilia Romagna attended a meeting titled “Trade and Investment…
Economy
The newly launched direct flight between Tehran and the Caspian port city of Astrakhan in southern Russia has reduced the time and cost of transportation and facilitated bilateral trade, the…
Following the easing of economic sanctions at the beginning of this year, ZF Friedrichshafen is intensifying its business commitments in Iran.
The company has opened up the ZF Pars SSK…
Rolls-Royce has unveiled its first driverless vehicle, a concept car that promises to help its owner announce their importance to the world.
The Vision Next 100 is an autonomous vehicle…
An Iranian carmaker has called for expansion of trilateral ties with Turkish and Azerbaijani carmakers.
In an interview with Trend News Agency, the vice chairman of the board of directors…
Modiran Vehicle Manufacturing Company has unveiled its latest model in Kerman. The Chery Arrizo 5 was unveiled in Kerman’s Faiton Shopping Center Last week, the local automotive website Carnet…
Sugar production exceeded 1.5 million tons in the last Iranian year (March 2015-16), the head of Iran Sugar Association said.
“Sugar and sugar cubes have had the least price fluctuations…
The 5,100-TEU Iranian container ship docked at a quay in South Korea’s western port city of Incheon on June 15, 2016.
In a bid to develop railroad and other infrastructure at Chabahar Port, Indian steel companies will export rails worth $150 million to Iran in July.
The chief US agency in charge of implementing sanctions has added staff to help speed up processing applications from businesses hoping to trade with Iran, a US Treasury official said on Thursday…
Stocks sped up their descent in their third week of back-to-back losses in Tehran this week.
Both Tehran Stock Exchange and Iran Fara Bourse dropped, as fears about economic recovery were…
Heralding the arrival of new financial instruments for the stagnant housing sector, a deputy minister of roads and urban development said the new instruments were proposed by his ministry and are…
The International Court of Justice acknowledged it received a complaint from Iran, suing the United States over its decision to give the alleged victims of terrorist attacks blamed on Iran the…
Optimal allocation of bank credits, namely to the struggling SMEs, is important to get out of the recession, said the Governor of the Central Bank of Iran, Valiollah Seif.
This week was awash with reports on interest rates being lowered by private banks. But unlike in the past, it seems the Money and Credit Council–the powerful monetary authority – has decided to…
Members of the Eurasian Economic Union will hold expert-level talks on creating a free trade zone with Iran at the end of June, Russia’s first deputy economic development minister said. “The talks…
Iran and Russia surveyed ways of accelerating bilateral economic cooperation in a meeting on Thursday focused on Iran’s return to the global economy following the lifting of western sanctions.…
Iran exported 12,590 tons of pistachios worth $119.23 million during the first two months of the current Iranian year (March 20-May 20, 2016), the Islamic Republic of Iran Customs Administration…
Turkey aims to triple trade with Iran to $30 billion as quickly as possible after the lifting of economic sanctions made banking transactions with the country easier, Turkish Customs and Trade…
China’s National People’s Congress Secretary-General Wang Zhan said his country is eager to cooperate in developing the third phase of Pardis Technology Park.
Speaking during a visit to…
Chinese e-commerce giant Alibaba Group Holding Ltd. is aiming to double its annual transactions to over $1 trillion within four years, the firm’s chief executive said on Wednesday. “What I can…
LG has launched a new range of smartphones in its X series, with all four of them being aimed squarely at the midrange market.
The devices called the X Power, X Mach, X Style and X Max will…
Swedish mobile telecom gear maker Ericsson is being investigated by US authorities over possible corruption related to its business in China.
The ground-breaking detection of gravitational waves, ripples in space and time postulated by Albert Einstein 100 years ago, which was announced in February, was no fluke.
Scientists said…
Iran plans to set up a financial center in the Qeshm Free Zone as it seeks to attract overseas financial institutions to the market of 80 million people.
