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  • EghtesadOnline: During the past decade, continent by continent, Renault has bought out bankrupt companies and transformed them into profit-making production centers. Now the French business is on a similar trajectory in Iran.

  • EghtesadOnline: More than 240 tons of flowers worth $2.42 million were exported from Iran to 25 countries during the first four months of the current fiscal year (March 21-July 22), the Islamic Republic of Iran Customs Administration announced.

  • EghtesadOnline: Minister of Roads and Urban Development Abbas Akhoundi, nominated to again head the ministry in the second tenure of the administration, was in parliament on Saturday to outline his plans.

  • EghtesadOnline: Iran is the biggest exporter of hand-woven carpets and holds a 30% share in the global handmade carpet trade.

  • EghtesadOnline: Iran Air will begin the decision-making process on the long list of bids submitted by Iranian and foreign parties to finance multi-billion dollar orders the flag carrier has placed with major world planemakers within a month, says Iran Air’s new CEO Farzaneh Sharafbafi.

  • EghtesadOnline: The Ministry of Roads and Urban Development is devising an overarching plan to improve the quality of buildings and residential units nationwide, a senior official with the ministry announced.

  • EghtesadOnline: The government earned about 800 billion rials ($21 million) in tax revenues from cigarette sales during the first two months of the current fiscal year (March 21-May 21), the Central Bank of Iran announced.

  • EghtesadOnline: Iran has turned into a country of engineers. Labor force statistics for March 2011-17 show the ratio of engineering technicians to engineers is 1 to 1.7 in the country.

  • EghtesadOnline: Iran’s jewelry market registered strong growth in the second half of 2017, with demand rising 20.5% at an annualized rate to hit 22.9 tons, according to a report by World Gold Council released on Thursday.

  • EghtesadOnline: Railroads hold a 10.2% share in Iran’s cargo transit, the deputy head of Islamic Republic of Iran Railways said.