The Third International Exhibition of Bags, Shoes, Leather and Related Industries opened in Tehran on Tuesday, with foreign companies from 80 countries exhibiting their brands.
Held at the…
The Third International Exhibition of Bags, Shoes, Leather and Related Industries opened in Tehran on Tuesday, with foreign companies from 80 countries exhibiting their brands.
Held at the…
The government plans to get 275 trillion rials ($7 billion at market exchange rate) of the 3,711 trillion rials (about $95 billion) it needs for the next Iranian year's budget by selling bonds.…
The government decided on Wednesday to allocate 2 trillion rials ($51.28 million at market exchange rate) in loans with an interest rate of 10% to orchard owners in Mazandaran Province who…
Tehran will host the annual forum of the Council of Asia-Pacific Furniture Association (CAFA) on December 14, in which representatives of furniture associations from Pakistan, the Philippines,…
Iran will send skilled workers in tourism, mining, fishing and transportation sectors to Oman, based on an agreement reached between Iran’s Minister of Cooperatives, Labor and Social Welfare Ali…
Representatives of French firms were in Tehran for a three-day visit ending Wednesday to offer solutions in the fields of aerospace maintenance and airport infrastructure, and explore business…
Senior officials and trade association leaders from China and Iran have called for reinforcing Beijing’s role in revitalizing infrastructure and trade in Iran.
China is well positioned for…
Plans are underway for cement production to reach 57 million tons by the end of the current Iranian year (March 20, 2017), 20% of which will be earmarked for exports, says a member of Cement…
Iran’s budget plans for the post-sanctions era are supportive of growth, but the incoming US administration and oil prices could present obstacles, Moody’s said.
Islamic Republic of Iran Shipping Lines has signed its first post-sanctions shipbuilding deal with the world's largest ship manufacturer Hyundai Heavy Industries on December 9.
Based on a…
Tehran Stock Exchange’s Benchmark index gained 1,323 points or 1.7% during the week that ended December 7 to end at a nine-month high of 81,341.
IFX, the over-the-counter Iran Fara Bourse’s…
A proposal for Pakistani banks to open branches in Iran will soon be reviewed by the neighboring country’s officials, said a member of the National Assembly of the South Asian country.
Iranian banks have no plans to further lower interest rates until the end of the current fiscal year that ends on March 20.
If the decision made by the Cabinet to change Iran’s monetary unit is implemented, Iranian banknotes will also undergo changes, a deputy governor of the Central Bank of Iran said.
Iran’s Economy Minister Ali Tayyebnia has called for the expansion of Iran-Czech banking relations during a meeting with Governor of Czech National Bank Jiri Rusnok on Thursday in Prague.…
Gold’s getting hit from all directions. Bullion’s heading for the worst run of weekly losses in more than a year as the Federal Reserve gears up to hike rates, US equities at record levels lure…
A group of business executives has urged the Group of 20 leading economies to resist the temptation to take protectionist measures and to foster international economic cooperation.
The euro has took a pause on Friday, following sharp losses in the Thursday session. EUR/USD dropped 1.3% after the ECB announced that it was reducing its asset-purchase program.
Britons expect a sharp rise in inflation over the coming year following the plummet in the value of sterling after Britain’s vote to leave the European Union, and more now believe a hike in…
The Turkish government has revealed extraordinary measures to revive the Turkish economy, which has been hit by massive losses in the Turkish lira, vowing to make 2017 a “saving year” for the…
South Africa’s current account deficit widened to 4.1% of gross domestic product in the third quarter of 2016 from a revised deficit of 2.9% in the second quarter, the central bank said on Friday…
The French economy will grow 1.3% this and next year before picking up speed afterwards, the Bank of France said on Friday in its biannual economic outlook, trimming slightly its forecasts,…
Germany’s central bank has increased its growth forecast this year and next for the country’s economy, Europe’s biggest, AP reported. The Bundesbank said Friday that it expects gross domestic…
Zimbabwe Finance Minister Patrick Chinamasa has presented the country’s 2017 budget to parliament, Yahoo reported. The budget stands at about $4.1 billion. But he warned that measures should…
SoftBank Group Corp. has decided to place the headquarters of its $100 billion technology private equity group in the hedge fund heartland of London, and has begun hiring investment advisers,…
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