The Central Securities Depository of Iran issued 225 trading codes for foreigners to trade in Iran’s equity market in the last Iranian year (March 2015-16), which indicates an 85% rise compared…
Economy
The easing of international commercial sanctions against Iran is likely to boost both the country’s exports of non-ferrous metals and ores, as well as foreign investment in the sector.
Tehran Stock Exchange’s main index, TEDPIX, gave up 1,164.4 points or 1.44% during the week that ended April 15 to close at 79,588.3.
More than 6.5 billion shares valued at $480.7 million…
President Hassan Rouhani has called for concerted efforts to reduce the country’s unemployment rate to a single digit by the end of his tenure (mid-2017), says Deputy Labor Minister Isa Mansouri.…
The visit of a Dutch delegation to Tehran perhaps received less media coverage because of the high-profile two-day stay of the Italian mission led by Premier Matteo Renzi. Iran’s Deputy…
Italy will follow up on billions of euros of trade deals signed with Iran this year by sending a special mission to discuss how to fund and process them, Prime Minister Matteo Renzi said on…
Iran exported 564,000 tons of watermelons valued at $126.6 million in the last Iranian year (ended March 19, 2016).
Amazon on April 13 announced the latest addition to its Kindle line of e-readers, the 8th-generation Kindle Oasis.
Coming up in May will be Tehran's first conference on crowdsourcing, bringing together some of the biggest people in the country's tech industry. Crowdsourcing is the practice of…
The new top-level domain ".krd" gives Iraqi Kurdish speakers a news space in the virtual world at a time when they are gaining on the ground against the self-styled Islamic State terrorist group…
Italian telecoms equipment manufacturer Italtel and Telecommunications Company of Iran have signed a memorandum of understanding to develop and modernize the latter's infrastructure and equipment…
An unidentified American company was defrauded last year out of nearly $100 million by individuals who created a fake email address to pose as one of its legitimate vendors, US authorities said on…
Governor of Central Bank of Iran,ValiollahSeif, has traveled to Washingtonto participate in the spring meetings of International Monetary Fund and World Bank Group held April 15-17.
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UAE Business Solutions, a Dubai-based consultancy firm, has signed a memorandum of understanding with MAH Pishro Serv, a Tehran-based company, to establish a strategic partnership in Iran.
A new deal has been sealed between Parand and Hashtgerd New Township Company and the State Welfare Organization to sell 1,000 subsidized Mehr units to people under the SWO umbrella, Bourse Press…
Goods imported through the temporary import scheme will no longer be insured by the Central Insurance company of Iran – the primary regulator of the insurance industry in Iran. According to the…
By virtue of the Majlis approval, provision of Qarzol-Hasane marriage loans (microcredit and interest-free loans) has become a priority of the banks.
Governor of the Central Bank of Iran, Valiollah Seif, stressed the importance of closer banking cooperation between Iran and Italy as a way to promote two-way trade.
“Italy has done a great…
The government has announced renewed efforts to combat money-laundering now that long-standing sanctions against the country have been lifted. In a Cabinet meeting early Wednesday presided by…
To give a boost to the domestic rug market, loans of up to 100 million rials (close to $3,000 at market exchange rate) will be given to buyers of hand-woven rugs. The decision is based on an…
Iran Small Industries and Industrial Parks Organization is planning to revive 9,000 industrial units in the new Iranian year (started March 20), says head of the organization.
Trade between Iran and Malaysia during the first two months of 2016 stood at about $101 million, which indicates a 27.8% increase compared with last year’s corresponding figure, the Malaysian…
Close to $20 billion worth of industrial goods were exported in the last Iranian year (ended March 19), which indicates a 3.4% rise compared to the previous year, according to the deputy head of…
Tehran-Islamabad transactions are estimated to reach $5 billion within the next three years, Iran’s interior minister said.
Abdolreza Rahmani Fazli also told IRNA that the two sides must…
The Russian Agency for Export Credit and Investment Insurance, Exiar, and the Islamic Republic of Iran Railways have signed a memorandum of understanding to reinforce cooperation and support trade…
