Auto production increased at some local companies while it dipped at others in the Iranian month starting July 22. Production at the country’s largest car manufacturer, Iran Khodro Company, SAIPA…
Economy
The potential for trade with Iran, as sanctions are lifted, is tremendous, according to former Swiss ambassador to Tehran, Philippe Welti. So why aren’t more companies jumping at the opportunity…
The Ninth International Mahallat Stone Expo, otherwise known as Iran Stone Expo 2016, opened in the city of Mahallat in Markazi Province on Wednesday.
About 170,000 jobs have been created by 14,200 cooperatives established since President Hassan Rouhani took office in August 2013, says deputy minister of cooperatives, labor and social welfares,…
Bears continued their reign over equity markets in Tehran, driving all major stock indices lower for the week. All major industries faced losses for the week while liquidity dried up even more…
Indonesia’s newly-appointed Minister of Trade Enggartiasto Lukita has asked Ambassador to Iran Dian Wirengjurit to identify new trade opportunities in the Islamic Republic following the lifting of…
Production of colza is estimated to reach 350,000 tons in the current Iranian year (March 2016-17) from more than 215,000 hectares under cultivation, according to deputy minister of agriculture,…
Iran exported more than 33,500 tons of non-oil goods worth $14.3 million to South Africa in the first four months of the current Iranian year (started March 20), registering a 70% hike in value…
Small- and medium-sized enterprises provide jobs for 40% of Iran’s working population, Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh said.
His deputy, Ali Yazdani, said…
The lifting of nuclear-related sanctions on Iran earlier this year won’t have immediate benefits for business aviation, since air transport is being opened up first, speakers said at Aeropodium’s…
International law firm Clyde & Co’s recent survey of over 50 senior executives indicates that 40% of them believe the lifting of Iranian sanctions will have a greater impact on their…
Cypriot Health Minister George Pamborides is in Iran on an official visit at the invitation of his Iranian counterpart, Seyed Hassan Hashemi. Sigmalive also reported on Thursday that Pamborides is…
As part of the plan to modernize the banking system, the capital adequacy ratio of banks will be increased to 12% from the current 8%, said the CEO of Bank Tejarat.
Russian banks are welcome in Iran, where the Russia-Iran Chamber of Commerce is actively working on opening a joint bank, Bahram Amirahmadiyan of the Russia-Iran Friendship Society told Sputnik…
The Supreme National Security Council of Iran has come to a conclusion regarding Iran's future relationship with the Financial Action Task Force (FATF), said the council's secretary.
Telecommunications Company of Iran is to seal a mega-merger with Iran’s oldest mobile phone firm, Mobile Telecommunications Company of Iran (MCI), for creating Iran’s biggest…
Members of the National Center of Cyberspace discussed solutions for protecting children online.
Iran’s cyberspace is generally safe for children, considering many obscene websites are…
Sweden’s Minister of Housing and Digital Development Peter Eriksson expressed his country’s interest in having a more active presence in Iran’s information and communications technology market in…
The 17th International Exhibition of Telecommunications, known as “Iran Telecom 2016”, will be held at Tehran’s Permanent Fairground from Sept. 25-28. Many Iranian telecom firms from both the…
Despite hopes of a new dawn for Iran's economy after nuclear-related sanctions were lifted, major western banks are reluctant to do business with the country for fear of US retribution.
The average lending rate in the interbank market stood at 18.7% from March 20 to September 11, the Central Bank of Iran said Wednesday. “The interbank rate varied between 17–22% during the five…
Iran will remain the world’s biggest producer of pistachios during the 2016-17 crop year, as production in the United States is estimated to decline, which will drag down global production…
Iran exported more than 98,400 tons of non-oil commodities worth $34.1 million to Jordan during the first four months of the current Iranian year (started March 20), registering a 52% decline…
Deputy Minister of Roads and Urban Development Davoud Keshavarzian met with Bulgarian Minister of Transport, Information Technology and Communications Ivaylo Moskovski in Sofia to discuss a new…
Agricultural exports in the first five months of the current Iranian year (started March 20) stood at 2.08 million tons worth $1.94 billion, registering a 12% rise compared with the corresponding…
