The lifting of trade sanctions and moves to open the Iranian economy to foreign direct investment have seen a number of international car manufacturers queue up to break into the country’s rapidly…
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SAIPA's management team and a delegation from China's Brilliance Auto held a meeting on November 23 confirming the arrival of several new models in the local market.
Mehdi Jamali, SAIPA’s…
newsBritain’s biggest carmarker Jaguar Land Rover said it planned to build electric cars in Britain, just two days after the government promised 390 million pounds ($484 million) of funding to support…
newsIran's second largest car producer, SAIPA Corp. and semi-private Mellat Bank signed agreements to increase credit lines, providing needed resources in the area of foreign exchange, opening letters…
newsAlmost a year after the opening of Germany’s Bavaria office in Iran, Tehran Chamber of Commerce, Industries, Mines and Agriculture opened its Munich office, TCCIMA news portal reported.
newsOil prices slid on Friday, dragged by a strong dollar and uncertainty over whether OPEC will agree to cut production at the group’s meeting next week, but benchmark contracts were on track to…
newsCentral American countries warned on Thursday that large numbers of migrants have fled their poor, violent homes since Donald Trump's surprise election win, hoping to reach the United States…
newsEnergy Minister Hamid Chitchian signed the International Energy Charter declaration in a conference in Tokyo, adopting the 25-year-old non-binding agreement alongside Iraq and Guatemala on Friday…
newsGold pared a third weekly drop as the dollar halted a rally that sent bullion prices to a nine-month low and pushed silver into a bear market. Bullion’s first gain in four days cut this week’s…
newsAt least 44 people have lost their lives and nearly 103 injured after two passenger trains collided at a station in Iran’s north-central province of Semnan, news outlets reported on Friday.
…newsThe rate of the US dollar to the rial is unlikely to reach 38,000 rials, said Hamid Zaman Zadeh, director of research department at Banking and Monetary Institute, affiliated to…
newsSaman Bank and DF Deutsche Forfait Group signed an MoU to cooperate in trade financing. The collaboration primarily covers the supply of financing solutions for the exchange of goods between…
newsThe US Treasury has reassured Brazilian banks they can finance trade with Iran without fear of sanctions, opening the way to billions of dollars in potential exports of jet planes, buses and…
newsOfficials from the Central Bank of Iran and the National Bank of Ukraine met at the CBI headquarters in Tehran to discuss expansion of banking relations with deputy governors of…
newsIran exported 327,000 tons of horticultural products worth $1.2 billion during the seven months to October 21, according to deputy agriculture minister Mohammad Ali Tahmasebi. According to the…
newsA severe drop in temperature has cost 198 billion rials (more than $53 million) to orchard-owners in Golestan, Mehr News Agency quoted head of the northern Iranian province’s Agricultural Jihad…
newsAbout 1.4 million TEU of oil and non-oil goods were handled in Shahid Rajaie Port during the eight months to November 20, registering a 29% rise compared with last year’s corresponding period,…
newsThe 12th session of Iran-Indonesia Joint Economic Commission officially opened in Jakarta on Friday co-chaired by Iranian Minister of Communications and Information technology, Mahmoud Vaezi and…
newsIran has joined the International Convention on Temporary Admission (Istanbul Convention, 1990), the Islamic Republic of Iran Customs Administration reported.
The ATA is a system allowing…
newsHead of the Securities and Exchange Organization, Shapour Mohammadi, defended his organization's performance in fighting securities fraud and improving Iranian markets. He was addressing the…
newsConstruction of a railway bridge across the Astarachay River near the Iran-Azerbaijan border and as part of the so-called International North-South Transport Corridor will be completed by…
newsThe average goods and services Consumer Price Index for urban areas in the 12 months ending November 20, which marks the end of the Iranian calendar month of Aban, increased 8.6% compared with…
newsData released by Iran Airports Company shows only six Iranian airports namely Tehran’s Imam Khomeini and Mehrabad international airports and the Mashhad, Shiraz, Isfahan and Tabriz airports are…
newsFor every watch with a genuine brand in the Iranian market there are 100 counterfeit ones, according to deputy head of Tehran Watch Union.
newsIron ore concentrate production during the seven months to October 21 stood at 17.87 million tons to register a 20.9% rise compared to last year’s corresponding period, Iranian Mines and Mining…
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