SAIPA, Iran’s second largest carmaker, has started shipping cars to Iraq once again after the Iraqi government released the brakes on the import of Iranian cars citing “safety issues”. According…
Economy
On October 20, Iran’s top exporters were introduced and honored at a ceremony held to mark the 20th anniversary of National Exports Day, which was aimed at helping local companies boost their…
Nothing is holding back the banking system from financing small and medium-sized enterprises and by the end of the current fiscal year in March 2017, all production units will have sufficient…
Informatics Services Corporation, a leading developer of banking and payment solutions in Iran, has launched a formal bid to seek partnership with top payment solution suppliers to develop a…
Middle East Bank was ranked as the top Iranian bank in terms of taking anti-money laundering measures in the fiscal year that ended in March.
Western insurers are slowly reaching deals with Iran as they seek to reenter a multi-billion dollar market although the pace of business is hampered by banking restrictions ten months on from the…
Citrus fruit exports from Mazandaran are expected to reach 20,000 tons by the end of the current Iranian year (March 20, 2017), said the governor of the northern Iranian province.
Rabi’…
The priority of Mobarakeh Steel Company is to supply material required by Iran’s downstream manufacturers, while export is of secondary importance, the deputy head of sales at Iran’s largest steel…
Germany’s DHL Freight, a division of Deutsche Post DHL providing road and rail freight services across Europe, parts of the Commonwealth of Independent States, North Africa and the Middle East,…
A large Malaysian trade delegation headed by the country’s Minister of Industry and Foreign Trade Mustapa Mohamed left Kuala Lumpur for Tehran on Friday.
Iran imported over 905 kilograms of suture thread worth $15,191 in the first half of the current Iranian year (March 20-September 21, 2016).
The First International Mineral Processing Activists Symposium (IMPAS 2016) is scheduled to be held in Tehran on October 25-26.
It’s been a busy month for Iran with a number of inroads being made into one of the world’s largest untapped markets.
Stocks gained small ground in the month of Mehr (ended October 21) on both stock exchanges in Tehran, as rising oil prices and US easing of sanctions helped shares rise.
The world’s largest container shipping company Maersk Line has resumed calls to Iran after a five-year hiatus and hopes that access to a new, rapidly growing market will help it through the…
There has been a buzz in smartphone-based virtual reality headsets recently, but are Iran’s technology conscious consumers listening?
Some estimates put the VR industry as the next “great…
Minister of Communications and Information Technology Mahmoud Vaezi addressed the recent confusion caused by Iranian operators over the mobile number portability scheme.
In an interview on…
Iran and South Korea have agreed to expand scientific cooperation, a deputy science minister of Iran said.Hossein Salar Amoli made the statement in a meeting with President of the Korean National…
Mobile Telecommunications Company of Iran (locally known as Hamrahe Aval) and Informatics Services Corporation–affiliated to the Central Bank of Iran–announced a partnership on Monday to…
The Central Bank of Iran in a statement has assured that its unpublished balance sheets will finally be made public soon adding that the delay in its release has nothing to do with the government'…
In order to diversify banks’ revenues and increase their non-interest revenue, the Central Bank of Iran has proceeded to increase bank charges, said the director of Central Bank of Iran’s…
The international Monetary Fund’s latest “Regional Outlook" for the Middle East and Central Asia projects the growth of Iran’s broad money at 12.5% and 10.2% in 2016 and 2017 respectively ,…
An under-construction 35,000-ton wharf on Kish Island will become operational by October 2017, says managing director of Kish Free Zone, Ali Asghar Mounesan, “allowing ocean-going vessels to…
Nine South Korean cosmetics firms are participating in an exhibition held at Esteghlal International Hotel in Tehran.
Participants are seeking to expand sales in the Middle East through…
Smuggling will see a sharp decline and reach $6 billion by the end of the current Iranian year (March 20, 2017).
