Iran's tech market continues to boom despite the US sanctions against the country, while the bans have merely restricted the global giants' access to Iran's lucrative tech market, a new report showed.
US sanctions fail to hinder rapid growth of Iran's tech sector: Report
Trade between Tehran and Beijing in the first half of 2017 increased by 31 percent compared to the amount for a year earlier, the East Asian country's customs data showed.
Iran-China trade show 31% growth
India's insistence to get exceptional concessions from Iran on the development of a giant gas field in the Persian Gulf has taken some toll on their trade ties.
India's hardball tactic with Iran backfires
National Iranian Drilling Company (NIDC) drilled a total of 54 offshore and onshore oil and gas wells in the four-month period from mid-March to mid-July, 2017.
NIDC drilled 54 oil, gas wells in four months
The diamond industry is expected to grow in coming years on strong demand from China, India and the US, but there is a key hurdle ahead: Millennials.
Diamond industry looking to millennials
Bank of Japan Deputy Governor Hiroshi Nakaso said the services sector has streamlined operations to avoid passing labor costs on to consumers, but there are signs that companies will raise prices in the future.
Japanese firms avoiding price hikes
The Indonesian government needs to double spending on infrastructure to $500 billion in five years, a top official of the world bank said.
WB urges Indonesia to double investment in infrastructure
Italy's industrial sector posted a significant growth in May, according to latest data released by the National Institute of Statistics (ISTAT).
Italy's industrial turnover rises by 1.5% in May
Export-Import Bank of China (EXIM) signed a $1.5-billion deal to finance the electrification of a high-speed rail line between the Iranian cities of Tehran and Mashhad.
China's EXIM inks $1.5b deal for high-speed rail in Iran
A much-awaited gas pipeline to Iran's northern areas, which will come on stream next week, will guarantee a steady supply of natural gas to the regions that experienced harsh winters in the past when neighboring Turkmenistan cut off gas supplies to Iran.
New pipeline to guarantee steady supply of gas to north Iran

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