Bank Hekmat Iranian has launched an exchange company in Tehran, in an attempt to expand its services. Abbas Askarzadeh, the bank’s chief executive, said that BHI will also establish a leasing…
Economy
Export Guarantee Fund of Iran and the Swedish National Export Credit Guarantee (EKN) agreed on Saturday to expand cooperation and support trade between the two countries’ private sectors.
Tehran Stock Exchange’s all-share index TEDPIX inched up 12.70 points or 0.02% to end Saturday trade at 78,281.7.
Mining companies and automakers were the main winners of the day, while…
The Fourth Iran International Aluminum Conference is scheduled for May 11 in Tehran. The two-day conference, held every two years by the Iran Aluminum Research Center, highlights the domestic…
The Iranian capital market is expected to play a more central role in financing in the current Iranian year (started March 20), notably for the government to settle its debts and fund the…
Shares on Tehran Stock Exchange had a bumpy ride in the first month of the Iranian year (March 20-April 19), ending the month lower as shares pared gains from a rally in January and February.
A deputy industries, mining and trade minister has announced that companies are allowed to pre-sell cars only with the express permission of the ministry.
Iran's second largest car manufacturer, SAIPA, has announced that it will soon be selling a new SUV in Iran: Changan CS35.
The company has said the new car is being released due to the high…
According to analysts Frost & Sullivan, Japanese brands constituted nearly 69% of UAE passenger vehicle sales in 2015, according to a new report.
Demand for Japanese parts is also at an…
Britain's transport secretary, Patrick McLoughlin, has pressed Volkswagen on why it is offering compensation to customers affected by the diesel emissions scandal in the US but not the UK, a…
The Central Bank of Iran has called on the German government to support closer collaboration between the two countries’ banks, including Iran’s Middle East Bank, as a prerequisite for…
The number of insurance agents should be halved because 20,000 professional agents are more than enough for the insurance industry, said Masoud Hajjarian, managing director of the Professional…
The Central Bank of Iran Wednesday allowed Bank Maskan – the main housing bank – to issue 3 trillion rials ($99 million) worth of mortgage-backed securities in a bid to stimulate the…
Iranian officials have rejected a ruling by the US Supreme Court that clears the way for families of victims of the 1983 Marine barracks bombing in Beirut and other attacks to collect nearly $2…
Bank Melli Iran has plans to offer loans to sectors that contribute to national growth rates, raise export levels and create jobs in this fiscal year that started on March 20, said Abdolnasser…
The government has banned the production and import of incandescent light bulbs in the current Iranian year (started March 20), according to the Energy Efficiency Organization of Iran.
The…
With the completion of the nuclear deal and the opening of Iranian market, European businesses expected a trade bonanza.
More than 16.7 million tons of crude steel and 15.2 million tons of steel products were manufactured in the last Iranian year (ended March 19, 2016), indicating a 0.57% and 7% decline respectively…
South Korean companies are briskly moving to tap into Iran’s fast-growing construction and consumer markets, regarding the Iranian boom as a breakthrough to their prolonged business slump amid the…
Tehran Stock Exchange’s benchmark index ended a volatile trading week on April 20, 1,319 points or 1.66% lower to close at 78,269.
In Iran, weekdays start on Saturday and the weekly holiday…
Iran’s economic growth rate over the past decade averaged at 2.4%, said the deputy head of Management and Planning Organization of Iran, Seyyed Hamid Pourmohammadi. “The 20-Year Vision Plan…
An 11-member economic and commercial delegation from Portugal are due in Iran’s Alborz Province on April 23, according to Masoud Qasemi, general secretary of Alborz Chamber of Commerce, Industries…
Iran and Oman have started direct shipping via the Iranian port of Bandar Lengeh–located in Hormozgan Province on the coast of the Persian Gulf–and Oman’s Sohar Port with the export of pipes to…
A 22-member delegation of Rice Exporters Association of Pakistan left for a five-day visit to Iran on Friday to explore trade and investment opportunities in general and boost rice export to Iran…
Iran and Azerbaijan have officially started the construction of a rail bridge over Astarachay River, along their border, as part of a project to link the two countries’ rail networks.
