Tourism Bank has obtained a new license from the Central Bank of Iran, which allows the bank to offer new international banking services. According to a press release on Sunday, the bank is now…
Economy
Bank Maskan announced it will soon offer construction loans with no deposits for urban sectors. It will also grant additional incentives to projects that make use of energy-efficient techniques…
Tires, tubes and motor oil are some of the commodities in high demand, as Iran’s auto manufacturing industry is one of the biggest economic sectors of the Islamic Republic, after oil and gas,…
Two of the top managers of Germany’s Federal Financial Supervisory Authority, better known by its German abbreviation BaFin, visited Tehran Stock Exchange and met with the head of Iran’s…
A €4 billion investment agreement with Italy’s transportation company ITINERA S.p.A was a major highlight of the recent visit by the European country’s Prime Minister Matteo Renzi, who led a 250-…
Stocks continued to plummet on Tehran’s equity exchanges in their worst drop in nine months, as the best performers of the January rally, due to the lifting of sanctions, led the losses.
Iran’s iron ore prices, on the decline for most of the past year, have started to regain their momentum, reaching $54.5 per ton last week, which is $2.3 higher than the prices on April 7.
An exhibition of foodstuff and the related industries is scheduled to take place in Kazan, the capital of Russia’s Republic of Tatarstan in less than a month, according to Meysam Abbasi, director…
A delegation from Hong Kong and economic players from the Iranian province of Fars discussed the formation of an economic and commercial joint council, said the chairman of Shiraz Chamber of…
When Dubai businesswoman Negin Fattahi-Dasmal opened the first branch of her luxurious nail salon chain in Iran this year, it was met with both excitement and skepticism.
Cosmetics sales in…
Iran exported more than 678,700 tons of potatoes to 17 countries in the last Iranian year (ended March 19). The figure shows a 37.46% rise in terms of weight and a 27.92% rise in terms of value…
Iran’s four-day exclusive exhibition in the Iraqi city of Basra is scheduled for May 18, the event’s organizer said.
As Iran's baby boomer generation hits 30 years plus—those born after the victory of Islamic Revolution and 10 years later—parenting websites are continuing to proliferate. One of the latest…
The worldwide reliance on burning fossil fuels to create energy could be phased out in a decade, according to an article published by a major energy think tank in the UK.
Iranian students at Khajeh Nasir Toosi University of Technology in Tehran have built a hybrid bicycle modeled after the Asiatic cheetah.
By the end of the second half of the current Iranian year (started March 20), Mobile Virtual Network Operators will start work, said the deputy of Iran's Communications Regulatory Authority.
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A new site has been launched in the Persian language for science and technology students.
The new site, Wikiwall.ir, aims to give high school students across Iran a greater understanding of…
Iran’s first exclusive exhibition is scheduled to be held in Rome in October, according to Pietro Piccinetti, director of Fiera Milano International, an Italian trade fair and exhibition…
Soybean meal is an essential source of nutrition for poultry and livestock, which provides them with the required protein in their diet and is of utmost importance in producing meat and chicken.…
Tehran Stock Exchange's main index, TEDPIX, lost 1,603.50 points or 2.01% to settle Saturday trade at 77,984.8.
Iran’s sizable market for rehabilitation equipment and mobility aids is largely dominated by imports, with no serious competition among domestic producers mainly due to the inferior quality of…
Head of Iran Chamber of Commerce, Industries, Mines and Agriculture Mohsen Jalalpour is in Bulgaria’s capital Sofia to push forward the proposed Iran-Bulgaria transit corridor. “China, India and…
British Arab Commercial Bank and Karafarin Bank in a meeting in Tehran agreed to prepare the grounds for starting correspondent relations, as well as treasury operations and currency exchange.…
Bank Saman will close five branches in the next two months, following expansion of its e-banking services and in an attempt to cut costs. The private lender made the announcement on its website…
Central Bank of Iran has been appointed as the director of Islamic Financial Services Board (IFSB) in 2017, the CBI website reported on Saturday.
In the 14th annual general…
