One of Europe’s largest manufacturers of generic drugs, Chemo Company, has signed an agreement with the Barkat Pharmed Company to invest in one of the subsidiaries of the Iranian pharmaceutical…
Economy
Russian Energy Minister Alexander Novak said Moscow may provide Tehran with a loan for infrastructure projects totaling $2.5 billion, although a final decision on the amount and terms of the loan…
A senior official has listed the challenges facing Iran’s insurance industry while discussing its prospects.
In an interview with Financial Tribune’s sister publication, Tejarat-e-Farda,…
Parliamentarians on Tuesday passed a law to make it compulsory for foreign nationals based in Iran to have casualty insurance during their stay in Iran. According to Risknew.ir, the Central…
The Iranian Money and Banking Scientific Association was launched on Tuesday to promote human resources training and conduct research projects. Having experienced bankers and banking experts on…
Iran’s banking system has established relations with 264 foreign banks since the lifting of the sanctions on January 16, said the governor of Central Bank of Iran late Monday.
“During this…
Tehran Stock Exchange’s all-share index lost 199.20 points or 0.25% to end Tuesday trade at 80,037.5. Steel, copper and oil companies dragged down the TEDPIX the most.
Over 2.4 billion…
In the past two and a half years, the Islamic Republic of Iran Customs Administration has carried out major reforms to improve its services and reduce the time for following customs procedures to…
Investment is an art, some say. It is a science, others contend. What really matters, however, is the returns.
Money managers tell us they are worth the fees they charge and claim they know…
Iran will export 1,500 cows annually as well as genetic products to Kazakhstan. The agreement was reached in a meeting between Agriculture Minister of Kazakhstan Assylzhan Mamytbekov and his…
Australian resources and agricultural businesses will get more access into Iran after the government said it plans to reopen a trade office there later this year following meetings with Iranian…
Spain’s Minister of Foreign Affairs and Cooperation Jose Garcia-Margallo says he plans to head a delegation of representatives of Spanish companies to Iran in the near future. “The plan is to hold…
As the race for solar-related technology continues, one researcher has pushed the concept of solar-powered devices that little bit farther. The newly crafted solar dryer was built using fluid…
With the approach of the Iranian New Year (starting March 20), many families will be traveling by car across the country.
And one of the most common question during the vacation is:…
With the recently added capacity to Internet infrastructure networks, bandwidth capacity will reach 500 Gbps to ensure problem-free connectivity during the Iranian New Year holidays (March 20-…
All three major mobile operators in Iran are offering discounts on the eve of the Norouz (Iranian New Year) holidays (March 20-April 2), with some offering entirely free or "100% Discount" SIM…
Eihbank has opened €480 million worth of credit for Iranian banks since the lifting of the sanctions on January 16.
Bank of Industry and Mine, Eihbank’s major shareholder, accounts for €108…
When President Hassan Rouhani took office in 2013, he promised to put the economy back on track and had no choice but to tackle a hyperinflation, a severe recession and international sanctions…
An economist with the prestigious Sharif University of Technology believes bank ratings would be of no use if the Central Bank of Iran fails to publish the results and put them into effect.
Bank Sepah launched a new banking system for handling its foreign exchange operations. The platform, developed by Pooya Company, enables the bank to manage accounts based on international rules,…
More than 538,000 tons of glassware were produced from March 2015 to February 2016, indicating a 20.5% increase compared with the corresponding period of the previous year, Mehr News Agency…
The first shipment of Iranian dairy products was exported to Russia about 10 days ago, Iran’s Dairy Industries Society announced. “The shipment consisted of different types of hard cheese. The…
Afghanistan’s Ministry of Public Works said preliminary talks have started with Tehran and New Delhi for the establishment of a railroad linking Iran’s Chabahar Port to Herat Province in western…
The first Iranian Chamber of Commerce in China was inaugurated in the Iranian Embassy in Beijing on Monday, IRNA reported.
Describing Iran as the most stable country in West Asia, Foreign Minister Mohammad Javad Zarif invited New Zealand investors to seize the opportunities in the Iranian market.
Zarif made the…
