The Islamic Republic of Iran Customs Administration is enacting new regulations to ease import and export of goods by Iranian manufacturers.
The new regulatory package comes after IRICA…
Economy
Tehran Stock Exchange’s main index TEDPIX lost 521 points or 0.65% to close Wednesday trade at 79,588.3. Auto manufacturing and mining firms were the day’s main laggards behind the benchmark.
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Iran’s 18 gold mines hold more than 340 tons of gold deposits, with the highest amount of the precious mineral found in West Azarbaijan Province, according to deputy head of the Geological Survey…
Iran Power and Water Equipment and Services Export Company has offered to cooperate in a joint venture for mineral exploration and extraction in Kazakhstan, IRNA reported.
The offer was…
The 13-year-old proposal of establishing a trade route from India to Iran, and Afghanistan and also Central Asia–bypassing Pakistan–is now within distance of becoming a reality.
Iranian tech company Tose’e Parvaz Yazd has signed a €30 million contract with Italian aeronautics manufacturer Tecnam, which entails the transfer of technology by the Italian side for the…
German Chancellor Angela Merkel told automakers that they should soon be able to test self-driving vehicles on the country's roads by promising to remove legal barriers.
Uber Technologies Inc. on Tuesday released its first-ever transparency report detailing the information requested by not only US law-enforcement agencies, but also by that country's regulators.
Mercedes-Benz boosted sales twice as fast as BMW in the first quarter of 2016, moving the brand closer to grabbing the lead in the world's luxury-car market for the first time in a decade.
Following the latest auto contracts signed, 2,000 jobs will be created in East Azarbaijan province, said a deputy of the province's Industries, Mining and Trade Organization.
Jaguar will step up its challenge to Audi, BMW and Mercedes-Benz in China with the XFL, an extended wheelbase version of its XF large sedan.
Parsian Bank is working on “Parsi Card” a newly-developed international credit card, which would be offered to customers for overseas transactions said Kourosh Parvizian, the bank’s CEO.
Iran’s Saman Bank has established custodian services to help investors go through the process without worrying about the protection and management of their capital.
British banks remain reluctant to finance trade with Iran, fearing they could still be targeted by existing US sanctions that are impeding Tehran's reentry into markets after years of isolation,…
Bank Austria has signed a cooperation agreement with an Iranian bank while launching its business with the Islamic Republic , said Naser Riahi, a member of Tehran Chamber of Commerce, Industry and…
Three state-owned banks, Bank Melli Iran, Bank Sepah and Bank Keshavarzi have gained parliament approval for increasing their capital by 50 trillion rials ($1.65 billion). The capital…
Italy announced 8.8 billion euros ($10.05 billion) in credit and financial guarantees to re-launch exports to Iran, the Italian export agency said on Tuesday.
Iran has been a producer of colored pencils for over four decades. Since 2011, however, domestic markets have lost ground to foreign imports.
The new Iranian year started on March 20 with much promise for the country’s mining and base metals sectors, evident from their solid performance at Tehran Stock Exchange as they have been among…
The High-Speed Rail Technology in Iran Conference will be held in Tehran on May 17, in cooperation with Japan. The event is organized by Japan Engineers Federation and the Islamic Republic of Iran…
Warning the parliament against a new bill to increase tariffs and duties on cigarettes, chairman of the Association of Producers, Importers and Exporters of Tobacco Products, Mohammad Reza Tajdar…
Improving the business environment, paving the way for domestic and foreign investors and bolstering non-oil exports are the main demands of the private sector from the government in the current…
Iran’s greenhouse area will increase fivefold by the end of the Vision Plan in 2025, says an official with the Ministry of Agriculture. “Figures on Iran’s greenhouses in the last Iranian…
Customs clearance formalities now take three days, down from the previous 26 days, which has reduced costs by 280,000 billion rials (around $8 billion at market exchange rate), IRNA quoted Masoud…
American planemaker Boeing discussed jetliner sales and maintenance services with seven Iranian airlines during a two-day visit to Tehran, according to the secretary of the Association of Iranian…
