South Korea and Iran can create a win-win situation if they work together in infrastructure projects in Iran.
The statement was made by the visiting South Korean President Park Geun-hye in…
Economy
Iran Chamber of Commerce, Industries, Mines and Agriculture has set out cooperation priorities with five countries in Asia and Europe, namely China, Germany, Austria, Denmark and Portugal.
Alexander A. Gorjinia, the federal executive board representative of German Business Council, Wirtschaftsrat Deutschland, met with Masoud Khansari, the head of Tehran Chamber of Commerce,…
The 13th meeting of Iran-Belarus Economic Commission, headed by the Iranian Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh and his Belarusian counterpart Vitaly Vovk, opens in…
Iran’s need for rice imports stands at 1 million tons annually, says deputy agriculture minister. “Domestic demand is about 3 million tons per year, while production stands at 2 million,” Ali…
A new health-focused app has been developed and released in Iran.
Karafs (meaning celery in Farsi) is an application that utilizes scientific methods to help users maintain a balanced…
German researchers have discovered a handwritten manuscript of Iran’s Avicenna in which the Persian philosopher and scientist watched a phenomenon now known as a supernova. A brief observation of…
The discovery of three planets that circle a small, dim star could bolster the chances of finding life beyond Earth, astronomers said on Monday.
Head of Shiraz University's International Relations Office said 20 memoranda of understanding have been signed with several foreign universities in the past two years.
Zohreh Azimifar made…
A senior official said Sunday Iran has filed a lawsuit against the US at the International Court of Justice over a US Supreme Court ruling which would transfer over $2 billion in frozen Iranian…
South Koreas’ KEB Hana Bank is willing to start cooperation with Bank Melli Iran, KEB president and CEO Ham Young-joo said during a visit to BMI headquarters on Monday.
“South Korea has…
Implementation of the nuclear accord between Iran and six world powers in January has helped open new vistas for Tehran reconnecting it to the centers of international political and economic power…
Export Guarantee Fund of Iran (EGFI), and its South Korean counterpart, Korea Trade Insurance Corporation (K-sure), took practical steps on Monday to promote two-way trade by signing an MOU at the…
The banking sector lent a total of 4.17 quadrillion rials ($137 billion) during the fiscal year that ended on March 19 -- a growth of 22.2% compared to the previous year. A press statement from…
Tehran Stock Exchange’s all-share index TEDPIX shed 99 points or 0.13% to settle Monday trade at 78,285.4 on losses incurred by large-cap petrochemical, investment and copper companies.
…
Iranian producers have been manufacturing chandeliers for over half a century now and are well known throughout the world.
More than 80% of the raw materials required for the production of…
The rise in unemployment rate is a predicament economies face from time to time. Governments strive to tackle the issue, since joblessness is a source of many other economic and social problems…
Isfahan is hosting the 12th International Exhibition of Stones, Quarries and Relevant Industries with more than 90 domestic and 19 foreign firms from China, Turkey, India, Italy, Russia and…
Iranian economic players and merchants are still reluctant to engage in trade and invest in projects in Iraq due to the perceived insecurity in the neighboring country, says Aqeel al-Musawi, Iraq’…
The export of food and agricultural products declined to $5.6 billion in the last Iranian year (ended March 19, 2016) from the preceding year’s $6.5 billion, according to a report by the…
Iran has been a key player in the Middle East for millennia, yet the role it has played and its importance have changed over time.
Now that it is emerging from isolation and is reconnecting…
The government plans to issue 670 trillion rials ($19.3 billion at market exchange rate) worth of Islamic bonds (sukuk) this year (started March 20), to repay its debt to state contractors and…
Plans to reopen an Irish Embassy in Tehran are likely to be discussed by the next government to cement trading ties with the Middle East’s second-largest economy.
More than 13 million tons of goods were loaded and unloaded in Iran’s northern and southern ports during the first month of the current Iranian year (March 20-April 19), indicating a 30.4%…
Germany's Finance Minister Wolfgang Schaeuble has criticized the executive board of scandal-ridden carmaker Volkswagen for not waiving bonuses despite bringing the company to the brink of collapse…
