Iran Aseman Airlines says negotiations with Japan’s Mitsubishi Aircraft Corp. on the purchase of passenger jets are continuing, despite having signed a new agreement with Boeing on the purchase of…
Economy
Trade between Pakistan and Iran is at the lowest ebb, as Pakistan’s exports alarmingly plunged to $318 million in 2015-16 from $1.32 billion in 2008-09, confirming that the Preferential Trade…
The Iranian National Tax Administration collected 13 trillion rials ($342.1 million) from new taxpayers in the last Iranian year (March 2016-17), according to INTA’s chief, Seyyed Kamel…
The European Commission has decided not to impose preliminary anti-dumping duties on hot rolled coil imported from five countries, including Iran, and sent official papers on the issue to the…
The Iranian flat steel import market has been largely inactive for the most part of the week that ended April 5 due to long holidays to ring in the Iranian New Year (started March 21).
Most…
Iran- and India-origin basic pig iron with a high manganese content has been offered to Italy, as Ukraine’s absence from the market since late February continues.
Basic pig iron from Iran…
Expectations announced last year by Iranian billet sellers to improve their presence in export markets have been fulfilled.
Favorable market conditions along with lower competition with…
The first production phase of South Rohina Steel Complex was inaugurated on Wednesday by First Vice President Es’haq Jahangiri and Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh…
The 12th RoboCup IranOpen concluded on Friday with hundreds of enthusiasts testing their hardware against international rivals.
According to the RoboCup website, the event’s aim is to…
The Telecommunications and Information Technology Ministry says it has plans to improve and expand the key sector by offering incentives and tax exemptions to technology related business, Mehr…
Bank Saderat and MTN-Irancell — the second largest Iranian mobile operator — unveiled new services based on Near Field Communication (NFC) in the northern port city of Bandar Anzali on the Caspian…
Banks' lending rates are still high and the government is making efforts to lower the lending rates in line with the inflation rate, said the Central Bank of Iran's governor.
"Since we…
The government has cleared 132 trillion rials ($3.5 billion) of its arrears to the banking system while increasing its capital to public-sector banks by 242 trillion rials ($6.4 billion) , said…
Contrary to recent reports, Iranian banks have not gone bust but are in fact mired in faulty regulations, the secretary-general of the Private Banks and Credit Institutions Association said.”The…
After the implementation of Iran's nuclear accord with world powers, the country has negotiated its way to attract $50 billion worth of foreign finance expected to flow into the country soon, a…
Two pellet-making plants with production capacities of 5 million and 2.5 million tons per year and located in Sangan Mineral Zone will start production in the Iranian month of Ordibehesht (April…
The Iranian debt market witnessed the issuance of 83.6 trillion rials ($2.2 billion) of Sukuk in the last fiscal year (ended March 20, 2017), registering an over 92% growth compared with the year…
The government of President Hassan Rouhani is approaching its last months in office ahead of the May 10 election.
As Iranians prepare for the upcoming presidential vote, supporters and…
Tehran Stock Exchange’s main index gained 42.80 points or 0.06% to end Wednesday trade at 77,689.9.
Some 871 million shares valued at $46.2 million changed hands for the day.
…
The only Iranian plate producer Khouzestan Oxin Steel Company intends to increase its capacity utilization rate and strengthen its position globally over the new Iranian year (started March 21).…
Economically tied with high volume trade in crude oil and politically tied with similar interests for stability in the Middle East, Afghanistan, India and Iran have traversed a long and…
US Senators Ben Cardin and John McCain say Iran Aseman Airlines’ multibillion dollar deal with Boeing for up to 60 passenger jets is unlikely to be blocked by the US Congress.
Russian Railways’ export business RZD International and Islamic Republic of Iran Railways signed a €1.2 billion contract on March 28 for the electrification of the 495-km route from Garmsar on the…
Around 2.2% of Iran’s population are foreign-born, the findings of the recent National Population and Housing Census show.
Iran’s current population is 79,926,270, of whom 1,583,979 or 1.98…
Close to 5.6 million tons of goods worth about $1.8 billion were exported from Kermanshah in the last Iranian year (ended March 20, 2017), according to the director general of the western Iranian…
