Bank Pasargad has joined the Association of Iranian Banks in Europe, an independent body established in Frankfurt, Germany, about a year ago to facilitate banking transactions between Iran and…
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
With the arrival of an Iranian vessel at the Caspian Port in Gilan Province’s Anzali Free Trade Zone, the China-Kazakhstan-Iran Multimodal Corridor was officially launched on Tuesday.…
More than 43 tons of dental floss worth close to $2 million were imported during the last Iranian year (March 2017-18), data released by the Islamic Republic of Iran Customs Administration…
The Islamic Republic of Iran Customs Administration notified on Sunday the directive on banning the import of 1,339 items categorized under “Group Four”, which are non-essential and have…
The construction of a roll on/roll off (ro-ro) facility in Amirabad Port in the northern Mazandaran Province, which will enable freight trains to dock near commercial ships for the loading and…
Iran exported 43,592 tons of non-oil commodities worth $326.10 million to Syria in the last Iranian year (ended March 20, 2018), posting a 20.99% decline in tonnage and 27.22% increase in value…
US prosecutors plan to appeal the length of the prison term for a Turkish banker convicted of helping Iran evade sanctions.
Mehmet Hakan Atilla, who headed international banking at…
Minister of Industries, Mining and Trade Mohammad Shariatmadari and his accompanying delegation visited Oman to attend the 17th round of Iran-Oman Economic Commission held on Tuesday.
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During the recent weeks, the prices of mobile phones have gone on a bullish run in Iran’s technology market. The exorbitantly high prices have enraged buyers and disrupted business. In order to…
Delegates from 30 countries in the Asia-Pacific region convened in the central city of Da Nang, Vietnam to discuss postal regulations and expand regional relations. The Asian-Pacific Postal…
Iran's main landline telephony service provider Telecommunication Company of Iran is poised to assist local startups in commercializing their products and services in the key telecom sector.…
Established in early 2018, Iranian startup "Finto" is an online payroll management system, promoting workplace transparency.
Farabi Accelerator developed by Shahid Beheshti University…
Unmanned aerial vehicles, commonly known as UAVs or drones, have opened new doors in the realm of aviation on a global scale, especially Iran.
More than 344 tons of mechanical pencils worth close to $3.7 million were imported into Iran during the last Iranian year (March 2017-18), figures released by the Islamic Republic of Iran…
Discounts of up to 70% will be offered on export tariff to help boost exports through Iranian northern ports, the deputy head of Ports and Maritime Organization said.
Iran Civil Aviation Organization has signed a memorandum of understanding with the Civil Aviation Directorate of Serbia on expansion of flights between the two countries, Iran’s Ministry of…
Iran National Tax Administration has announced details of the government’s initiative to levy taxes on people purchasing high amounts of foreign currencies and gold coins as investments,…
Iran’s Bank of Industry and Mine is financing 143 national projects that can generate more than 30,000 direct jobs. “The bank is providing 370 trillion rials [$8,809 million] in funds…
Iran has proposed to integrate its bank card switch with Georgia in a move aimed at boosting tourism revenues for the two countries.
The proposal was made by Iran’s Minister of Economic…
The government has finally consented to allow open market exchange rates for certain import transactions and markets reacted positively to the news, as the bull run in the foreign exchange and…
The unilateral sanctions the US is anticipated to reimpose on Iran in August and November have made the situation worse for India, as oil imports from Tehran are expected to become more…
Iran Chamber of Commerce, Industries, Mines and Agriculture and Iran’s Small Industries and Industrial Parks Organization signed a memorandum of understanding to implement the Iran…
The 27th International Exhibition of Home Furniture, known as HOFEX 2018, is scheduled to open at Tehran’s International Fairground on August 15. The four-day exhibition, considered to be the…
Bulls are reigning over Tehran equity markets just as foreign exchange, gold, housing and stock markets have all recorded unprecedented gains.
Recent changes in government forex policy…
Iranian car importers have run into an insurmountable brick wall, facing a total ban as per a directive signed on June 20 by the industries minister and officially announced two days later.…