The government is preparing a lawsuit against the US at the International Court of Justice over a US Supreme Court ruling which would transfer over $2 billion in frozen Iranian funds to American…
Economy
Traditional ADSL Internet provider, HiWeb, has announced it is expanding into new territory by offering 4G Internet packages to rural areas across Iran, extending high-speed web connections for…
Music streaming service Spotify has seen a faster pace of growth since the launch in June last year of rival Apple Music, a top executive said on Monday.
Spotify, which was created in…
About 80% of Iranian households now have access to fast broadband Internet, with a growing share getting access to speeds of 20 megabit per second, the vice president for communications…
Iran has exported a nano cargo to South Korea, which is the first-ever such shipment after the removal of nuclear-related sanctions on January 16, Iran's vice president for science and technology…
Hit by a lower demand in mobile networks, Nokia has reported a first-quarter net loss of €513 million ($584 million) since it acquired Alcatel-Lucent, down from a standalone profit of €177 million…
Tehran and Muscat are looming large on the radar screen of Thai AirAsia X (TAAX) for its first foray into new markets.
The inauguration of regular services to the two cities by Thailand’s…
The ban on wheat imports would remain up until the end of the current Iranian year (March 20, 2017), says a deputy agriculture minister.
“Orders registered last year might be shipped into…
Mushroom production is more often than not advertised as an easy investment opportunity that can, just like fungi, produce fruit in no time and allow the producer to benefit from its lucrative…
Based on an agreement signed between Tehran and Algiers, Iranian private sector companies are to build 100,000 housing units in Algeria in the next five years, says secretary-general of…
Tehran Stock Exchange’s primary index TEDPIX inched up 60.70 points or 0.08% to close at 77,106 on Monday, posting its first uptick after seven losing days.
Large-cap telecoms and mining…
Iran aims to become the world’s sixth largest manufacturer of steel, as per the goals set in the 20-Year National Vision Plan (2005-25).
The plan has stipulated the annual production of 55…
The cake is quite big, but everyone wants a bigger slice.
A memorandum of understanding was signed by Ahvaz Chamber of Commerce, Industries, Mines and Agriculture, and a visiting delegation of Polish Chamber of Commerce in the southern Iranian city late…
A 36-strong trade delegation comprising representatives of the Malaysian private sector arrived in Tehran on Monday to discuss approaches for enhancing interactions with their Iranian counterparts…
A memorandum of understanding was signed between visiting Dutch Minister of Economic Affairs Henk Kamp and Iran’s Deputy Minister of Economic Affairs and Finance Mohammad Khazaie in Tehran on…
David Lipton, first deputy managing director of the International Monetary Fund, will soon visit Tehran for talks with senior officials. He will be heading a delegation of five IMF officials…
Governor of the Central Bank of Iran has reemphasized the necessity of autonomous decision-making power of his bank in order to develop efficient monetary policies.
According to a decree passed by the Cabinet last month, 51% of Post Bank’s shares will remain in the hands of the government. Given the government’s responsibilities to provide banking services to…
Honda Motor Company plans to recall more than 20 million airbag parts made by Takata Corporation as a preemptive measure globally.
Plans to recover the Takata products, including in areas…
In most markets, resurrecting a car brand that last built an automobile the year John F. Kennedy became the US president would appear foolhardy. Unless, it seems, you want to sell in China.
Iran Khodro Company, the largest domestic car producer, has announced holding talks with an, as yet, unnamed Japanese car brand "other than Suzuki", according to a press release of the company.…
JinBei Hiase minivans, a locally produced Chinese version of the Toyota HiAce, have been designated for taxi use in Iran, replacing the much older stock of Chinese minivans currently in service.…
Following up on earlier arrangements with SAIPA, Iran's second largest carmaker, a number of small- and medium-sized auto part manufacturing firms will soon receive part of their debts, said the…
Iran's largest auto manufacturer Iran Khodro Company has started the export of police cars to Turkmenistan for increasing its share in the Commonwealth of Independent States market, the deputy…
