EghtesadOnline: Since the fiscal March 2014-15, 11 films have each managed to gross over 100 billion rials ($2.37 million).
EghtesadOnline: More than 3,000 tons of hand-woven carpets worth $269 million were exported from Iran during the eight months to Nov. 21, registering a 31% rise compared with the similar period of last year, the head of Iran National Carpet Center announced.
EghtesadOnline: Tehran Municipality will broaden its revenue sources, the capital city’s deputy mayor for planning and urban development said.
EghtesadOnline: Iranian payment service providers have been improving in terms of adhering to laws and regulations that would put them on a better footing among their global peers, announced Shaparak, the entity in charge of Iran's payment network on Saturday.
EghtesadOnline: Despite the recent surge in the value of gold coin and foreign currencies in the Iranian market, home prices remain unaffected and the sector’s experts believe the housing market will remain steady through the end of current Iranian fiscal to March 20, 2018.
EghtesadOnline: Super-large container ships (between 100,000 DWT and 120,000 DWT) would be able to dock in Chabahar’s Shahid Beheshti Port with the completion of Phase 1 of the development project of the southern Iranian port, located in Sistan-Baluchestan Province, comes on stream next week, an official in charge of the project, Amir Hossein Esmaeili, announced on Monday.
EghtesadOnline: What could best be described as a chaotic market, the prices of imported cars in Iran have been rising almost on a daily basis and in some cases by up to 280 million rials ($7,000) increase.
EghtesadOnline: More than 14,800 residential units were sold in the Iranian capital during the month ending Nov. 21 to mark an increase of 18.5% year-on-year.
EghtesadOnline: Speaking at the ceremony Fariborz Shahbaz, SAIPA Citroen’s director said, “The production lines are being installed and will be launched before September 2018. Initially 20% of parts used in the cars will be locally manufactured.”
EghtesadOnline: One of the dire situations the domestic auto industry is facing is the noticeable and increasing presence of low-quality Chinese cars in the market. Industry insiders are of the opinion that the problem is due largely to intransigent and incorrect government policies.