On Saturday, the President, Hassan Rouhani, sent his candidates for the four ministries to the Parliament. All the four were approved. As a result, Farhad Dejpasand became the new Minister of Economic Affairs; Reza Rahmani, […]
Since the beginning of the Iranian fiscal year, i.e. within the past eight months, the two largest automakers in Iran, Saipa and Iran Khodro have pre-sold their products three and two times respectively. While the […]
The return of the US sanctions against the Iranian automotive industry, has not only affected the domestic manufacturers, but also the foreign partners. Soon after the nuclear deal was reached between Iran and the other […]
Reaching the half of the Iranian fiscal year, several companies presented their second quarter reports. As a result, Banking and Automotive sectors showed huge loses. Iran Khodro has announced 25,000 billion Rials (i.e. 1.8 billion […]
Iran and Syria plan a cooperation to reconstruct Syria. During the visit of a Syrian business delegation to Tehran, the representatives of Urbanization Ministries of the two country met in order to negotiate possible cooperation […]
This week, the Ministry of Petroleum finally approved selling crude oil at Energy Exchange. National Iranian Oil Company said that it will offer one million barrels of crude oil at the market within the next […]
Finally, after four months, the Parliament approved to comply with financial terrorism acts, provided by Financial Action Task Force, known as FATF. The approval of these acts became extremely controversial and until the very last […]
The Ministry of Industry and Trade will relax regulations for export to Iraq and Afghanistan, the two main destinations for Iranian goods. Following the rising exchange rate over the last months, the government has set […]
The Iranian auto market is passing one its worst periods. Not only productions are under threat due to the return of US sanctions on auto-part manufacturers, but also imported cars struggle to be delivered to […]
The heavy fall in exchange rate which started on Tuesday morning, led to significant fall in Tehran Stock Exchange. The main index, TEDPIX, lost 3.8 percent on Tuesday and a further 1.8 percent on Wednesday. […]
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