Tehran Stock Exchange’s main index TEDPIX gained 117.30 points or 0.15% to close Monday trade at 75,980.5. Oil, gas and petrochemical companies as well as banks provided the biggest boost to the…
Economy
There are 34,557 small businesses operating across the country, says managing director of Iran’s Small Industries and Industrial Parks Organization. Ali Yazdani added that these firms account for…
Tehran Chamber of Commerce, Industries, Mines and Agriculture hosted the Second Iran-Algeria Business Forum on Monday with a large number of businessmen from both countries in attendance. …
Most of the issues in the way of financing the agreement Iran signed with French planemaker Airbus back in January for the purchase of 118 planes have been resolved, announced Iran’s deputy…
A high-ranking delegation from Croatia, comprising the country’s Minister of Economy Tomislav Panenic, Minister of Entrepreneurship and Crafts Darko Horvat and representatives of 72 companies from…
More than 4.3 million tons of agricultural products worth about $4.8 million were exported in the last Iranian year (March 2015-16), indicating an 11% and 16% decline in weight and value…
Iran and Venezuela share similarities. Both of these behemoths of the oil business enjoyed a decade of windfall oil revenues and both squandered it through the populist policies of their…
The Italy-Iran Chamber of Commerce has again announced that the long-awaited deal between Iran Khodro and Fiat Chrysler is in the offing.
Ahmad Pourfallah, the co-chair of the chamber,…
Luxury cars stored in the parking lots of the Appropriated Properties Organization cannot be released nor will they receive license plates, said the head of the organization's Tehran office.
One of South Korea's auto maintenance products makers, Bullsone, has announced its entry into the Iranian market during a launching event held at a Tehran hotel last weekend. The company announced…
Several national carmakers have begun to offer special discounts on several vehicles in commemoration of the anniversary of the liberation of Khorramshahr from the occupying forces of the executed…
France's Renault has announced it will start assembling the Kwid hatchback at Ayrton Senna Industrial Complex in Curitiba, Brazil.
The modified Brazilian version of the originally Indian-…
Doha Bank, Qatar’s fourth largest lender by assets, said that while it expects to see consolidation in its (P)GCC operations in 2016, the bank is still eyeing expansion into new markets that may…
David Lipton, first deputy managing director of the International Monetary Fund arrived in Tehran Sunday. He will confer with the governor of the Central Bank of Iran, Valiollah Seif, Oil Minister…
Head of Iran Chamber of Commerce, Industries, Mines, Agriculture voiced opposition to protectionism in all of its forms, demanding free-market economics be upheld by the incoming parliament.
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Tehran Stock Exchange’s primary index TEDPIX lost 275.40 points or 0.36% on Sunday to wipe the previous day’s feeble gains and close at 75,863.2. Mining and investment companies had the most…
Supermarket and chain store shelves are nowadays filled with a variety of cakes and cookies, and this is an indication of the diversity of production.
More than 100 industrialized and semi-…
Iran is currently the world’s 15th biggest mineral-rich country, holding more than 7% of global mineral reserves worth over $700 billion.
Mineral experts believe that the country could…
About 3,000 billion rials ($87.03 million at market exchange rate) will be allocated for the cultivation of colza in the current Iranian year (March 2016-17), said an official with the Ministry of…
Iran’s imports from Arab and African states decreased by more than 36% in the last Iranian year (ended March 19, 2016) compared to the previous year to stand at $8.2 billion, director general of…
Australia’s federal government will provide $5.3 million over the next four years for reopening its trade office in Iran.
The office, which closed in 2010, will be located within the…
Iran educates its women to much higher university levels than before but when they complete education, their economic potential is often squandered.
Female participation in the labor force…
Bilateral trade with Tunis stands at about $40 million per year, Iran’s Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh said.
A 17-member commercial delegation from India entered Alborz Province on Sunday to discuss opportunities for bilateral cooperation with their Iranian counterparts.
The names of mobile virtual network operators will likely be announced at the Iran Telecom Conference at Kish on May 25. Twenty firms had applied for the license to extend the service, but names…
