Iranian stocks remained in slumber while the dollar sank to a six-week low against the rial due to rising oil prices during the past week. This is while Azadi gold coin got knocked off its highest…
Economy
Iranian Aluminum Company (Iralco) signed an investment agreement worth $2 billion with China Railway Group Limited in Tehran on Wednesday. “The project will be carried out in the second plant of…
Tehran and Minsk agreed over an economic cooperation roadmap for 2016-17 on Wednesday during the 13th session of Iran-Belarus Economic Commission. Iranian Minister of Industries, Mining and Trade…
Lebanon’s Industry Minister Hussein Hajj Hassan said he is planning to visit Iran soon together with a delegation of industrialists, bankers and investors to discuss ways of enhancing cooperation…
Iran has started the cultivation of wheat and oilseeds in Kazakhstan as part of its agro outsourcing program, said the deputy agricultural minister. Abbas Keshavar added that Ukraine, Russia…
The Third Europe-Iran Forum concluded on May 4 after the European business community reviewed the current challenges with regard to doing business with Iran.
The two-day event in the Swiss…
President Park Geun-hye arrived in Seoul on Wednesday after a landmark state visit to Tehran focused on boosting bilateral economic cooperation.
The visit–the first by a South Korean…
The Google Self-Driving Car Project and Fiat Chrysler Automobiles have announced that they will integrate Google’s self-driving technology into all-new 2017 Chrysler Pacifica Hybrid minivans to…
Apple Inc has lost a battle for the use of the "iPhone" trademark on leather goods in China, after a Beijing court ruled against the world's biggest technology company in favor of a local firm,…
South Korea and Iran agreed to promote partnership in the fields of science and technology during South Korean President Park Geun-hye's landmark visit to Tehran.
Islamic Azad University’s Oxford Branch will start admissions from the next academic semester, said IAU’s deputy for education. The Oxford Branch has obtained the permits and licenses for…
The First IORA Free Trade Zones Authorities Conference will be held on May 19-20 in Chabahar Free Zone in the southeastern Sistan-Baluchestan Province.
India has agreed to pay Iran 1.5 % interest on $6.5 billion that refiners like Essar Oil and Mangalore Refinery (MRPL) owe it in oil dues, as a ‘goodwill gesture’.
Iran had sought an…
The first South Korean bank inaugurated its representative office in Tehran at a ceremony held at the Central Bank of Iran on Monday.
The Export-Import Bank of Korea (Korea Eximbank) said Tuesday that it signed a financial package worth $15 billion with the Iran’s central bank and government, paving the way for local companies…
Central Bank of Iran has permitted all banks to sell mortgage-backed securities, in an attempt to attract investments to the housing sector.
Lawmakers Tuesday revoked previous rules that required state organizations to buy their policies only from the Iran Insurance Company, the only state-owned insurer in the market, Fars News Agency…
Iran and Germany have reached an agreement over Iran’s €500 million ($578.9 million) Hermes cover debt, said Iran's deputy minister of economy, Mohammad Khazai on Tuesday, during a meeting of the…
High-ranking representatives of the State Secretariat for International Financial Matters (SIF) and of the Central Bank of Iran (CBI) met for the first time in Bern on Monday for financial…
More than 70% of the spectacles and sunglasses available in the domestic market are contraband, the head of Tehran’s Union of Manufacturers and Sellers of Glasses said.
“Some 25% of the…
Caran d’Ache SA, a century-old Swiss maker of writing instruments, supplied Iranian schoolchildren with pencils before the 1979 Islamic Revolution. Now, it’s betting on a partnership with a…
The Eighth International Course on Islamic Capital Market opened in Tehran's Azadi Hotel on Tuesday with a keynote speech delivered by Iran's Minister of Economic Affairs and Finance Ali Tayyebnia…
Based on a new parliamentary legislation, any government contract with foreign parties worth over $10 million requires a tender notice, which can be domestic or international. In special…
Tehran Stock Exchange’s all-share index TEDPIX lost 241 points or 0.31% to end Tuesday trade at 78,044.4.
Losses incurred by oil and petrochemical companies were the main cause of the…
A conference hosting hundreds of Iranian and German business figures was held in Tehran on Tuesday. President of the Organization for Investment, Economic and Technical Assistance of Iran Mohammad…
