The real estate leasing scheme is in its final stages, Asghar Mirmohammad Sadeghi, Central Bank of Iran’s deputy for credit affairs, said on Sunday.
Economy
Imam Sadiq University will hold the first International Conference on Urban Economy in April in cooperation with Iran’s Urban Economic Scientific Association. The event will focus on the economy…
Director of the Gold and Jewelry Producers and Exporters Union has voiced growing concern over the adverse effects of the illegal import of foreign jewelry into the market.
About 55,360 tons of phosphate concentrate were produced by Iran’s main producer of the processed mineral, Esfordi Phosphate Industrial and Mineral Complex, from March 2015 to January 2016,…
Stocks retreated for the second day in Tehran on Sunday, as a rout in banks pulled down the index.
Tehran Stock Exchange's main index, TEDPIX, slid for the second day. The benchmark closed…
Solar energy is the most abundant source of energy in the world, which is not only an answer to today’s energy crisis but also an environmentally friendly form of energy.
Solar panels,…
Iran’s Minister of Roads and Urban Development Abbas Akhoundi met Oman’s Foreign Minister Yusuf bin Alawi bin Abdullah as well as Minister of Commerce and Industry Ali bin Masoud bin Ali al-…
Iran’s southern Chabahar Port has the potential to turn into a commercial hub for Afghan and Iranian traders, given its location on the coast of the Sea of Oman and its high capacity for loading…
Major changes are underway for the country’s aviation industry, following the initial lifting of sanctions on Iran on Jan. 16.
The first new Iranian aircraft orders for over three decades…
The goods and services Consumer Price Index for urban areas reached 11.8% in the 12-month period ending February 19, which marks the end of the Iranian month of Bahman, compared with last year’s…
Well-known Internet hotel booking service Booking.com has begun listing Tehran's hotels on its website for the first time. The two locations include Ferdowsi Grand Hotel and Tehran Grand Hotel.…
Samsung Electronics has unveiled innovation that is making a meaningful difference in people's lives in Middle East and North Africa.
According to a new research project by an American tech analytics firm, global smartwatch shipments reached 8.1 million units in Q4 2015, compared with 7.9 million Swiss watch shipments.
Sharif University of Technology will be hosting an international event known as Sharif Artificial Intelligence Challenge 2016.
The country's second mobile phone operator, Irancell, has announced that holders of the company's SIM cards will have a new 4G SIM card delivered to their house by only entering a code. …
Deputy Minister of Industries, Mining and Trade Jafar Sargheyni said the mining sector's growth is expected to stand at 4% and 12% for the current Iranian year (to end March 19, 2016) and the…
The US government cleared the manufacturer to begin talking with approved Iranian carriers about their fleet needs, a first step toward entering the country’s resurgent aircraft market, Boeing…
Tehran Stock Exchange’s main index TEDPIX shed 329.70 points or 0.42% to end Saturday trade at 77,558.2.
Over 3.3 billion shares valued at $224.3 million were traded, indicating a 175% and…
Last year was a terrible season for the American pistachio industry. Warm temperatures and the lack of water resulted in a loss of almost half the crop, and profits were down by around $1.4…
Italian fashion house Roberto Cavalli says it has opened its first shop in Iran following the lifting of sanctions earlier this year. Rich in natural resources and with a young, well-educated…
The Central Bank of Iran closely monitors lenders’ performance regarding interest rates, Valiollah Seif, the bank’s governor said in a conference on the ‘resistance economy,’ IRNA reported. Seif…
Even though sanctions against Iran were officially lifted on January 16 and Iranian banks got reconnected to SWIFT interbank messaging system, some European banks are exercising caution about…
Countering the deep and lingering recession stalking the economy should be the government’s top priority, Heidar Mostakhdemin Hosseini, a senior economist said.
“The long-running recession…
The CEO of Bank Melli Iran has dismissed rumors that bankers’ recent agreement to cut deposit rates is tantamount to a form of “collusion.”
To promote exports, the government will provide exporters with incentives worth an aggregate of 12,000 billion rials ($396.95 million at official exchange rate) in next year’s budget, Mehr News…
