Iran’s Defense Ministry has signed a contract with its Russian counterpart to buy 12 Sukhoi Superjet 100 passenger planes.
Economy
Economy
When Zuao Ru Lin, a Beijing entrepreneur, first heard about business opportunities in eastern Iran, he was skeptical. But then he bought a map and began to envision the region without any…
Economy
A new steel plant with a production capacity of 1.20 million tpy of steel billet has started operations in Yazd Province of central Iran. Global billet prices, which are already under pressure…
Economy
The Agriculture Ministry's Information Technology Department has developed a system to streamline data management and balance demand and supply in the agricultural sector.
Economy
The new chief at the helm of Iran Air might not be the first woman to become the executive captain of a national flag carrier in the Middle East, but she is taking charge at a crucial moment as…
Economy
Tehran Stock Exchange’s main index gained 327.60 points or 0.40% to end Wednesday trade at 81,509.3.
About 1.11 billion shares valued at $90.60 million changed hands for the day.
…
Economy
A vintage car show is set to be held in the city of Abadeh, in Fars Province today, where hundreds of classics from across the country will be displayed. The gathering, hosted by Abadeh…
Economy
Hyundai Motor said Wednesday its quarterly profit was halved to its lowest level since 2010 as its auto sales in China and the US plunged as the South Korean automaker paid dearly for lagging in…
Economy
Irtoya has released the new C-HR crossover model in the market but the price seems to have made a huge leap from international prices.
Four units of the sporty-looking model, which first…
Economy
Industries Minister Mohammad Reza Nematzadeh opened a new line of auto parts production at a local company, Marpich Bakhtar, in Kermanshah Province this week.
Kermanshah region is gradually…
Economy
China signed a contract with Iran to finance the electrification of a 926-km railroad from Tehran to the eastern city of Mashhad in Khorasan Razavi Province with a $1.5 billion loan.
Economy
Iranian payment service providers unveiled new e-payment services and smartphone applications at the 23rd International Exhibition of Electronics, Computer and E-Commerce (aka Elecomp 2017) that…
Economy
The Central Bank of Iran on Tuesday announced that the government’s proposal for changing the currency unit needs to be passed by the parliament. In a meeting on Sunday, Iranian President Hassan…
Economy
Only less than 3% of Iranians are consumers of bottled water and that’s because 95% of the population have access to tap water, the secretary of Iran’s Mineral and Bottled Water Association said…
Economy
A ceremony is scheduled to be held at the headquarters of Iran Chamber of Commerce, Industries, Mines and Agriculture in Tehran on July 30 to celebrate the record high production of sugar in the…
Economy
The Industrial Development and Renovation Organization of Iran is due to manufacture helicopters for civilian use in cooperation with a Russian company.
“IDRO has signed a contract with the…
Economy
More than 405,000 tons of cargo were transited via Iranian railroads during the first four months of the current fiscal year (March 21-July 22), indicating a 44% rise compared with the similar…
Economy
The goods and services Consumer Price Index for urban areas increased by 7.6% in the 12-month period ending July 22, which marks the end of the fourth Iranian month, compared with last year’s…
Economy
The government of President Hassan Rouhani and Khatam al-Anbiya Construction Headquarters, an engineering conglomerate affiliated to the Islamic Revolution Guards Corps, have reached an agreement…
Economy
The US Department of Agriculture is promoting increased trade with Iran, despite the clear opposition of the Trump White House, American news website The Washington Free Beacon reported.
A…
Economy
The Central Securities Depository of Iran issued 10 new trading codes for foreign investors during the third month of the current Iranian year (ending July 21) to trade in Iran’s securities market…
Economy
A shadow rising on the wall and growing in size can be spooky. However, a shadow distorts the original object based on the angle and intensity of light that created it, failing to faithfully…
Economy
Tehran Stock Exchange’s main index gained 247.80 points or 0.31% to end Tuesday trade at a 66-day high of 81,181.7.
About 603 million shares valued at $50.25 million changed hands for the…
Economy
Tehran has opened talks with Russia and several other countries on developing Farzad-B Gas Field in the Persian Gulf, a parliamentarian said, indicating that there will be no backdoor deal with…
Economy
A new video game called ‘Battle in the Gulf of Aden 2’ was unveiled on Monday at the International Exhibition of Electronics, Computer, and E-Commerce (Elecomp 2017). Developed by Amytis Games,…
Economy
