Since March, and through a joint venture between Iran Khodro and the Azeri automotive company AzEuroCar LLC, over 300 units of family sedan model Dena have been produced in the Republic of…
Iranian auto importers, who had brought vehicles into the country when the open market forex rate was significantly lower than the current average of 95,000 rials per US dollar, need to slash…
Two electric vehicle-sharing platforms backed by powerful Chinese carmakers plan to seek external funding totaling almost $730 million to fuel their growth, people with direct knowledge of the…
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The Central Bank of Iran seeks to halt an increase in the number of banks and is open to merger proposals, a deputy governor of CBI said. “Based on the country’s large-scale policies, there are…
Turkish President Recep Tayyip Erdogan announced Ankara’s readiness to refuse dollars and euros in the country’s trade with partners, including Iran.
The Central Bank of Iran released a statement assuring the public and businesses that the recent price surge in the open market is bound to abate, as CBI seeks to deepen the market with more…
Amendments to the CFT (Combating Financing of Terrorism) Law of the Islamic Republic of Iran were finally approved by the Guardians Council on Aug. 1 and have been notified by the president to…
German Economy Minister Peter Altmaier has sharply criticized US President Donald Trump’s tariffs and sanctions policies, saying such measures were destroying jobs and growth and that Europe…
Iran will soon receive a second batch of 20 percent enriched uranium that was kept in Russia under the nuclear deal and will be used in the Tehran nuclear reactor, Behrouz Kamalvandi, spokesman…
The United States urged Britain on Sunday to ditch its support for a 2015 nuclear deal with Iran and instead join forces with Washington to counter the global threat it claims Tehran poses.
A convention related to the future finalization of Caspian Sea legal regime was signed by the five littoral states on Sunday in what is considered a geopolitical breakthrough in finding a new…
In response to a letter by the judiciary head seeking permission to take special legal action against, and prosecute those involved in, economic malpractice, the Leader of the Islamic…
A provincial official in southeastern Sistan and Baluchestan Province said a sweeping and strong sandstorm has sent 246 people to hospital in the arid part of the country since Saturday. “The…
Police Chief General Hossein Ashtari said Iran and Iraq should boost cooperation in border issues to reduce the menace of terrorism along the joint frontiers. Speaking Sunday in a meeting…
The recent rise in Nigeria’s debt profile and continued decline in the external reserves are slowing down the recovery and growth of the economy. Experts attribute the disturbing situation to…
With more than 330 million internet users in Southeast Asia, researchers and analysts have highlighted that e-commerce in the region is well on track to become a major industry in the years to…
President Vladimir Putin’s efforts to protect Russia after past rounds of US sanctions are leaving the economy more insulated even as the threat of further penalties rattles markets this week.…
The fiscal space expanded by the implementation of the Tax Reform for Acceleration and Inclusion law enabled the Philippines government to boost investment and growth in the first half, the…
Asia’s original fast-growing ‘tiger’ economies in the 1970s and 1980s were Hong Kong, Singapore, Taiwan and South Korea. The baton then passed to a new generation of fast growers: Thailand,…
In spite of President Cyril Ramaphosa’s attempts to revive South Africa’s struggling economy, there is a strong possibility it may slip into recession. Economists have predicted negative growth…
Inflation in the US continued its gradual rebound in July, clearing a path to a September interest rate increase by the federal reserve and leaving open the potential for a fourth hike this…
Mes Sungun clinched its first AFC Futsal Club Championship title with a 4-2 win over Vietnam’s Thai Son Nam in the final on Sunday in Yogyakarta, Indonesia.
The Iranian club held the…
Spain center-back Gerard Pique confirmed that he had ended a glittering international career on Saturday, saying that the appointment of his former Barcelona coach Luis Enrique as the Spaniards…
Karim Benzema and Gareth Bale scored to help Real Madrid beat AC Milan 3-1 in the 2018 Trofeo Santiago Bernabeu friendly on Saturday.
Benzema opened the scoring in the Spanish capital…
