Shahid Bahonar Engineering College in Shiraz signed a memorandum of understanding with a subsidiary of the country’s largest automotive company Iran Khodro on the establishment of a joint…
Economy
Economy
Elon Musk’s Model 3, once touted as Tesla’s $35,000 car for the masses, can now set a buyer back almost $80,000.
Musk unveiled specifications for a faster and more powerful version of…
Economy
Uber Technologies Chief Product Officer Jeff Holden is leaving the ride-hailing company, the latest of more than a dozen senior executives to depart since last year. Holden oversaw Uber Elevate…
Economy
Some 12 million day-old chickens are lost as a result of transportation by unfit vehicles, causing around 7 trillion rials ($166.66 million) in losses to chicken farmers, the secretary of Day-…
Economy
Iran produces 150,000 tons of mushrooms annually and there is no shortage of this product in the country, director general of Greenhouses, Medicinal Plants and Edible Mushrooms Office with the…
Economy
More than 350 tons of pencil lead worth 47.35 billion rials ($1.4 million) were imported from six countries during the last Iranian year (March 2017-18), based on figures released by the Islamic…
Economy
Flood and hailstorm in recent days have inflicted 173 billion rials ($4 million) in losses on North Khorasan Province’s agriculture sector, the head of Crisis Management Office at the North…
Economy
Iran traded $694.64 million worth of non-oil goods with Malaysia during the last Iranian year (ended March 20, 2018), which is 23.4% more compared to the year before, making the Southeast Asian…
Economy
Iran Chamber of Commerce, Industries, Mining and Agriculture plans to send a delegation headed by chairman of the chamber, Gholamhossein Shafei, to South Africa on July 15 to discuss bilateral…
Economy
US President Donald Trump’s decision to pull out of the Iran nuclear accord and reimpose sanctions on Tehran threatens to derail a project to help build Afghanistan’s economy, endangering a key…
Economy
Close to 3.25 million tons of commodities were transit by road through Bandar Abbas in the southern Hormozgan Province during the last Iranian year (March 2017-18).
Economy
Tehran Stock Exchange’s main index gained 33.36 points or 0.04% on Sunday compared to the day before to end trading at 95,136.5.
About 1.75 billion shares valued at $216.70 million…
Economy
In Iran, the only surprise regarding US President Donald Trump’s May 8 announcement to leave the Joint Comprehensive Plan of Action was that it was four days early.
The decision was…
Economy
More than $3.6 billion worth of mineral projects are to be launched by the end of the current fiscal year (March 20, 2019), the Iranian Mines and Mining Industries Development and Renovation…
Economy
Things have changed dramatically for Iran's flagship aluminum producer in a year. Iran Aluminum Company has turned from a loss-making producer to a prosperous company with highly sought-after…
Economy
Latest figures published by Bank Maskan, the agent bank of Iran's housing sector, indicate that in the first month of the current fiscal year (March 21-April 20), both the number and value of…
Economy
Governor of the Central Bank of Iran said the exchange rates of the US dollar, which were unified at 42,000 rials last month, will not remain fixed and change 5-6% until the end of the current…
Economy
Director of Bank Melli of Iran’s Foreign Exchange Department Gholamreza Panahi outlined the lender’s measures to comply with new policies tightening government control over the foreign currency…
Economy
The amount of online content in Persian has observed a significant boom in recent years with Iran’s ICT minister saying that the Persian script’s share in cyberspace has doubled.
…
Economy
The second round of Tehran Game Convention is slated for July 5-6. On the sidelines of the event, a competition dubbed “Gamistan Awards” is planned, featuring 90 video games from eight countries…
Economy
Apple has paid €1.5 billion ($1.76 billion) into an escrow account set up by the Irish government to hold €13 billion in disputed taxes.
Economy
Danish shipping group Maersk Tankers on Thursday said it would cease its activities in Iran due to the US decision to leave a landmark nuclear deal and reimpose sanctions against Tehran.
Economy
The South Korean government held an inter-agency meeting on Friday to explore ways of minimizing local business impact from the US decision to exit the 2015 nuclear deal with Iran.
Economy
Iran’s Minister of Roads and Urban Development Abbas Akhoundi and Syrian Minister of Economy and Foreign Trade Samer al-Khalil signed an economic memorandum of understanding on Friday.
Economy
The head of France’s business lobby in Iran said on Friday EU government efforts to protect their companies were unlikely to be adequate.
European leaders want to salvage the 2015…
Economy
