German companies should revive economic ties with Iran as quickly as possible following the expected lifting of economic sanctions, says Germany’s Chambers of Commerce and Industry (DIHK). “After…
Economy
For developing trade and economic ties in the post-sanctions era, the Ministry of Industries, Mining and Trade has submitted a new proposal for producing electric vehicles to the…
The battle for British residential parking space has become so intense that more than one in 10 drivers (12%) put off making car trips to avoid losing their spot, according to a new study.
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After unveiling the 2017 Porsche 911 Turbo and Turbo S at the Detroit Auto Show this week, 911 program manager, Erhard Mossle, revealed that the automaker plans to introduce a plug-in hybrid…
The auto loans, backed by President Hassan Rouhani’s administration and the Central Bank of Iran, which offered 250 million rials to each buyer of a locally developed car, could return.
American auto manufacturers may enter Iran’s market as long as they meet the “needed criteria”, said a board member of Tehran’s Chamber of Commerce, Industries, Mines and Agriculture. Mohammad…
Improving manufacturing and trade are the two main ingredients for economic growth and development, Akbar Hashemi Rafsanjani, head of the Expediency Council said Thursday.
The banking sector will open accounts for nine foreign banks after the lifting of the sanctions, while about 20 others are ready for cooperation in the post sanctions era, said Bank Parsian's…
Bank Ayandeh’s financial management application, HADAF, and Bank Maskan’s two-factor authentication system won the fifth Nourbakhsh Festival Award for innovation in the banking system. HADAF…
The government should allocate resources to improve the basic economic infrastructure to be able to improve growth rates, said Shahin Shaian Arani, a former senior at Goldman Sachs. Failure to do…
The Supreme Court’s chief justice voiced concern on Wednesday that Congress trampled on the authority of the US judiciary by passing a law dictating that families of Americans killed in attacks…
Sometime in the next few days, Iran’s “Implementation Day” is almost certain to be declared. All nuclear-related sanctions, including the freezing of $100 billion of Iranian assets, will be lifted…
Thailand’s Commerce Ministry expects trade and investment with Iran to jump sharply once sanctions against the country are lifted, said Thai deputy commerce minister.
Suvit Maesincee added…
The new administration has stopped giving shares of state companies as repayment of its debt.
Only 10% of stocks “privatized” were given away as debt repayment in the past two years, while…
Deputy Minister of Industries, Mining and Trade Mojtaba Khosrowtaj believes the economic impact of sanctions relief will become tangible by the end of the next Iranian year (March 2017). “The…
Metro industry taps into domestic resources to meet 70% of its needs for parts, said the managing director of Tehran Urban and Suburban Railway Company. Mohsen Nayebi added that the Second…
East Azarbaijan Province exported more than 1.5 million tons of goods worth over $745 million to 97 countries from March to December 2015, which indicates a 1% increase in terms of volume and a 2…
Smuggling is the biggest challenge facing Iran’s textile industry today, said deputy minister of industries, mining and trade, Mojtaba Khosrowtaj, at the opening ceremony of the 11th International…
In this edition of investment opportunities series, we will introduce two lucrative businesses.
First, wedding planning–a merry bonanza that enjoys everlasting appeal throughout the year—…
The Switzerland-based LafargeHolcim Group–one of the global leaders of building materials sector–has expressed readiness to cooperate with Iran’s Fars and Khuzestan Cement Company in cement…
Equities climbed to a four-month high by the week's close on Wednesday, in anticipation of the removal of international sanctions against Tehran's nuclear energy activities.
However, the…
The United Nations Security Council and western sanctions on Iran are set to be lifted in a few days.
Not only Asian, European and Russian firms are lining up, but also American giant…
British Telecom's £12.5 billion takeover of mobile phone firm EE has been cleared after a six-month investigation by the competition regulator.
The Competition and Markets Authority's…
1.2 Gbps is some speed to enjoy on any Internet connection. But when you are treated to this unrivaled browsing experience in a lush hotel in Abu Dhabi, the UAE, you are bound to have an…
Researchers from Iran Polymer and Petrochemical Institute have succeeded in the laboratorial production of nanostructures applications in various fields, including medicine, production of optical…
