Iran’s market for professional money management is expanding rapidly. Total assets held by mutual funds rose threefold in the first two quarters of the current Iranian year (started March 21), an…
Economy
Contraband oranges are mostly infected by Mediterranean fruit fly and pose health hazard to consumers, said Abolqasem Hassanpour, an official with the Ministry of Agriculture, adding that these…
Iranian knowledge-based companies funded by the Vice Presidency for Science and Technology have produced generators and gearboxes for wind turbines.
Iranian researchers at Imam Khomeini Health Training Center in Ahvaz, southwestern Iran, managed to repair a fractured eye socket using 3D printing technology. Dr. Shahrokh Raisian, who heads the…
Perhaps everything’s bigger in America, as the old saying goes, but when it comes to mobile phone calls and data usage, US consumers are certainly paying big, sometimes nearly 20 times as much as…
Iranian Mines and Mining Industries Development and Renovation Organization will require close to $20 billion worth of investments for mineral exploration and exploitation, manufacturing of mining…
Iranian demand for gold jewelry surged to a near two-year high in the third quarter, as sentiment improved following Tehran’s signing of a nuclear deal with world powers in July, wrote Abu Dhabi-…
Iran Mercantile Exchange’s oil and petrochemical trading board witnessed more than 49,000 tons of bitumen supplied by Pasargad and Jey oil companies as well as Hefaz Azarbam Bitumen and…
Iran Mercantile Exchange will host Interexchange Electronic Union’s data transfer center. The decision was announced in a meeting between IME’s chief executive, Hamed Soltannejad, and IEU Chairman…
Bank Saderat Iran is to open several financial advisory centers to support production and investment, said Esmail Lalegani, the bank’s CEO, according to akhbarbank.com. He told reporters that in…
Figures published by the Ministry of Roads and Urban Development in a recent report on housing affordability threshold contradict market reality, a senior economist told the banker.ir website.
The Central Bank of Iran has sent a notice to automakers and dealers, asking them to watch for the limited number of car loans available.
In a letter to the Ministry of Industries, Mine and…
Central Bank of Iran has issued permits for 410 bureaux de change, director of CBI’s Licensing Department, Hamidreza Azargoun said.
About 5 million tons of potatoes and 2.1 million tons of onions are expected to be produced this crop year, according to an official with the Agriculture Ministry, Hassan Khadangi. “Some 200,000…
Iranian commercial attachés will soon be dispatched to Germany, Italy, France and Spain, says an official with the Trade Promotion Organization of Iran. Up until now, 21 commercial attachés have…
To tackle unemployment and achieve sustainable economic growth, small- and medium-sized enterprises should be propped up, says deputy minister of cooperatives, labor and social affairs.
The Seventh Conference of Directors of Caspian Sea Ports is scheduled for November 16-17 in Amirabad Port Special Economic Zone located in Mazandaran Province. Representatives of Russia,…
Iran will need $1 trillion to reach its 8% annual growth target as per the sixth five-year development plan, Presidential Advisor Akbar Torkan said last week.
Some 250,000 tons of pistachios are expected to be exported by the end of the current Iranian year (March 19, 2016), according to an official with the Agriculture Ministry’s Horticulture…
Some 37 million tons of goods were loaded and unloaded in Shahid Rajaei Port, Iran’s biggest Persian Gulf trade port, during the seven-month period ending October 22,with non-oil commodities…
Iran Khodro Diesel is now set to produce a six-ton truck name Arna in the near future, as part of a long-awaited deal with Germany’s Mercedes-Benz.
As the week progresses, more and more car manufacturers are voicing their willingness to take part in the new auto loan scheme that has given a boost to car sales.
The Chinese Voleex C30…
As the new auto loan scheme enters its fifth day, more than 100,000 people have signed up for the new scheme, according to a new report.
Iran Khodro Company, the country’s top car…
Press and local dignitaries attended a ceremony this week to unveil the new Chery Tiggo 5 sport utility vehicle that will be launched in the local market later this week. The new Chinese-…
Russia is considering providing two loans worth $7 billion (£4.61 billion) to Iran, Russian Energy Minister Alexander Novak said in Moscow on Thursday.
