The Telecoms Ministry is set to restart a project in four months to register all mobile phones.
“The ministry reached agreement with a contractor [name not mentioned] in mid June,…
Economy
Economy
Local telecoms firms will have to file for bankruptcy if Telegram messenger’s telephone service is unblocked, according to the minister of communications and information technology.
Economy
A US company based in Wisconsin is about to become the first in America to offer microchip implants to its employees.
However, the new program by the firm has panicked Internet forums like…
Economy
French company Alstom is entering a joint venture with two Iranian companies to manufacture 1,000 subway wagons in three years.
Economy
As their deadline looms, banks and credit institutions are signing agreements that legally bind them to hand over information about the bank accounts of taxpayers to Iran National Tax…
Economy
In order to protect businesses against foreign exchange fluctuations and promote a relative stability in the forex market, the establishment of a currency futures market can be a…
Economy
While the average ratio of compliant banks' reserve requirements stood at 10.3% for the previous Iranian year to March 20, 2017, the more important figure is lenders' effective reserve requirement…
Economy
A government scheme, which aims to promote insurance specifically among motorcyclists, is gathering pace as thousands of insurance policies were sold in only a month, the director of Personal…
Economy
Tehran Stock Exchange’s main index inched up 14 points or 0.02% to end Tuesday trade at 77,975.4.
More than 1.7 billion shares valued at $68 million changed hands for the day.
Pars…
Economy
Ever since Iran proposed the Chabahar Port development project to India, several articles and papers have been published in the Indian media.
Economy
National Iranian Copper Industries Company recorded its highest concentrate output in the last fiscal year (ended March 20, 2017) by producing 1.07 million tons of the material, recording a 9.51%…
Economy
Fruit smuggling has declined by 90% since the fiscal 2013-14 when Hassan Rouhani first took office as Iran’s president, according to the managing director of Iran’s Confiscated Assets…
Economy
Iran’s exports to Russia are slowly gaining momentum after a declining trend that saw the value of Iranian shipments to the northern neighbor declining from about half a billion dollars in the…
Economy
Mobarakeh Steel Company has begun the production of carbon steel plates used in the production of fuel tanks for the first time in Iran, MSC’s manager for metallurgy and production affairs said.…
Economy
About 70% of the domestic demand for sports equipment are supplied by imports, the head of Producers and Sellers of Sports Equipment Union said.
Morteza Haqparast added that the machinery…
Economy
EU antitrust regulators are investigating allegations of a cartel among German automakers, a measure that could result in hefty fines for the companies.
The European Commission and its…
Economy
Iran Khodro is set to introduce the emerging market destined Peugeot 301 sedan in the near future.
The 301 model will be assembled by IKCO under a joint-venture IKAP with the French…
Economy
Transportation officials in Tehran have made a long-awaited agreement related to renovation of the industrial transport fleet.
Economy
SAIPA is set to unveil its new Tiba with a locally-designed electric-only engine, said Mehdi Jamali, the company CEO.
“The electric Tiba has been designed and sent overseas for tests,”…
Economy
South Korean and Iranian private sector companies signed 10 memoranda of understanding on technology transfer on Sunday.
Economy
The Trade Promotion Organization of Iran has allocated €250 million from the resources of the National Development Fund of Iran, which will be deposited in foreign banks for guaranteeing technical…
Economy
While some economic experts and bank managers believe that the impact of banks' reserve requirements has waned over time and its ratio should gradually reduce, the director of Central Bank of Iran…
Economy
As the first tenure of President Hassan Rouhani is coming to an end and he is expected to introduce his Cabinet for the next administration in a matter of weeks, the private sector has renewed its…
Economy
Iran Chamber of Cooperatives plans to establish a new bank, the head of the chamber announced. “Tose’e Ta’avon Bank (Cooperative Development Bank) cannot support the cooperatives sector due…
Economy
Tehran Stock Exchange’s main index gained 192.20 points or 0.24% to end Sunday trade at 80,863.0.
Trading at TSE and Iran Fara Bourse starts on Saturday and ends on Wednesday.
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Economy
