The Ugandan capital city of Kampala hosted a business forum in the presence of Iranian Foreign minister Mohammad Javad Zarif.
“Since the victory of the Islamic Revolution, we have held…
Economy
Economy
Iran opened a border crossing with the Kurdistan region of Iraq Wednesday which was closed after a referendum on independence in the Kurdish area.
Economy
The so-called “Iran Trade Center” was inaugurated in the southern Russian city of Astrakhan on Wednesday in the presence of Iranian Ambassador to Russia Mehdi Sanaei.
The center aims to…
Economy
On May 19, Iranians voted for President Hassan Rouhani to serve a second term with the hope of seeing reforms carried out in the country’s economic arena.
Economy
The Central Securities Depository of Iran issued 240,000 trading codes for investors during the first seven months of the current Iranian year (March 21-Oct. 22) to trade in Iran’s capital…
Economy
Iranian steel mills produced 16.23 million tons of steel since the beginning of January up to the end of September, up nearly 30% compared with the nine-month period of 2016, according to the…
Economy
Russia is ready to take part in the development of the free trade zone on Armenia’s border with Iran, Russian Prime Minister Dmitry Medvedev said on Tuesday after he met with his Armenian…
Economy
Creditors of South Korea’s Dongbu Steel Company may face a setback in their plan to sell off the cash-strapped company’s electric furnace used for hot-rolled steel production to an Iranian…
Economy
Tehran Stock Exchange’s main index gained 107.60 points or 0.12% to end Wednesday trade at 86,529.2.
About 626 million shares valued at $38.98 million changed hands for the day.
…
Economy
The largest local carmaker, Iran Khodro, has signed a joint venture deal on the production of gearboxes in Iran with a subsidiary of the South Korean automotive company, Hyundai PowerTech…
Economy
Haima Motors China, which has been present in Iran for almost two years, is set to expand its presence in the market.
The automaker has announced plans to produce 13,000 vehicles in the…
Economy
In the high-stakes, high-cost battle among global automakers to develop ever more efficient vehicles, one of the biggest breakthroughs in internal combustion engine technology in years looks to…
Economy
Fiat Chrysler Automobiles is the subject of a French judicial inquiry into suspected obstruction of an investigation into diesel emissions cheating, reports said.
Economy
The US dollar, the most widely traded currency in Tehran’s foreign exchange market, once again gained against rial in both the open and official markets on Tuesday to maintain its uptrend…
Economy
The government will submit the budget bill of the next fiscal year (starting March 21, 2018) to the parliament on December 5, the government spokesman and president of Planning and Budget…
Economy
According to the CBI directive reported in Financial Tribune on Oct. 22, banks and financial institutions are obliged to set up an independent compliance department.
Economy
Director of the Organization for Investment, Economic and Technical Assistance of Iran Mohammad Khazaei met with Italy’s Ambassador to Iran Mauro Conciatori to negotiate a finance deal for…
Economy
The government’s Economic Council has passed a new set of regulations with the aim of facilitating the approval of foreign finance for all eligible local applicants.
Economy
Banks, fintechs, financial solution vendors and startups were present in full force at the Third Iran Transaction Exhibition (ITE) in Tehran on Tuesday.
Economy
Iran-China trade during the eight months to Aug. 31, 2017 stood at $24.17 billion, registering a 24% increase compared with the corresponding period of last year.
Economy
Iran exported $215 million worth of goods to Turkmenistan during the six months to Sept. 22.
Economy
A 37-member delegation from Pakistan comprising businesspeople active in trade, agriculture, floriculture, rubber industry and machinery is scheduled to visit Iran on Oct. 31 and meet their…
Economy
Iran exported more than 34.61 million tons of mineral products worth over $4.77 billion during the first half of the current fiscal year (March 21-Sept. 22), registering an 8% and 4% growth in…
Economy
The National Development Fund of Iran is allocating $2 billion in lines of credit for consumers in Iran’s primary export destinations this fiscal year (to end March 20, 2018), the chairman of…
Economy
The goods and services Consumer Price Index in the 12-month period ending Oct. 22, which marks the end of the Iranian month of Mehr, increased by 8.2% compared with last year’s corresponding…
Economy
