Economy

Iran's equity market on Monday saw a number of European frontier fund managers pledge to invest after the removal of western sanctions imposed against Iran over its nuclear energy program, SENA…

Zimbabwe has called on Iran to share its expertise with the African country in mining research and development, said the head of the executive board at the Iranian Mines and Mining Industries…

The central bank’s deputy governor for supervision has announced that the non-performing loans ratio fell 2.4 percent to 12.6 percent in May from 15 percent in March 2014.

Hamid Tehranfar…

Japan has gone through a banking crisis. The Keiretsu – a type of informal business group revolving around a bank – dominated the Japanese economy over the last half of the 20th century. The…

President Hassan Rouhani on Sunday urged commercial banks to promote transparency in transactions, asking them to make the environment safe for “legal business” and unsafe for “shady practices.”…

Bank Maskan (Housing Bank) on Monday ordered all its branches across the country to raise mortgage loan ceilings for first-time buyers in Tehran and other cities and towns, IRNA reported citing an…

About 450,000 tons of goods, including more than 410,000 tons of non-oil goods, were loaded and unloaded in Kish Free Zone located in the southern Hormozgan Province during the first two months of…

The ban on rice imports, which was decided by the government back in March, is still in place, says deputy agriculture minister, Abbas Keshavarz. Recently critics have been complaining that…

Based on data released by the US Census Department, the country exported $98.2 million worth of goods to Iran during the first four months of 2015, which indicates a 67% rise compared to the…

It is the most expensive and sought after spice in the world, commonly known as red gold.

Having shared borders and speaking the same language cannot guarantee Iran’s success in trade with neighboring countries, said a board member of Tehran Chamber of Commerce, Industries, Mines and…

The housing market will gradually experience a boom by the end of the current Iranian year (March 19, 2016), says managing director of Roads and Urban Development Organization in Tehran Province,…

Since the acquisition of new aircraft by Iranian airline companies in recent months, the capacity of the country’s civil air fleet has expanded by 20 percent, IRNA quoted head of Civil Aviation…

Fiat Chrysler Automobiles Chief Executive Officer Sergio Marchionne intensified his call for an automotive mega-merger this week.

Hyundai Motor Co. may develop a large premium sport utility vehicle to cater to growing demand, after sales of its lineup of predominantly sedans slumped, Bloomberg reported on Monday.

As companies such as Google Inc., Mercedes-Benz and Volvo Cars race to develop vehicles that are smart enough to drive themselves, even the most sophisticated systems will sometimes be no match…

Minister of Labor, Cooperatives and Social Welfare Ali Rabiei, heading a delegation of representatives of labor groups, employers and governmental officials, is due to travel to the Swiss city of…

Out of one million tons of date produced annually in Iran,  half a million ton is consumed domestically, as only 80,000-100,000 tons are exported, Fars News Agency quoted secretary of the…

The Ministry of Agricultural Jihad hopes that a special terminal at Imam Khomeini International Airport for export of flowers and plants will become operational by the end of the current Iranian…

India’s Foreign Secretary Subrahmanyam Jaishankar is planning to visit Tehran this month as part of New Delhi’s move to renew bilateral ties amid efforts at rapprochement with Iran by world powers…

The city of Rome in Italy is hosting the Food and Agriculture Organization’s 39th biennial conference. Representatives from 197 FAO member states, including world agriculture ministers are taking…

Last week’s remarks by top monetary and financial officials at the 25th Annual Conference on Monetary and Exchange Rate Policies led to ambiguity over the exchange rate policy of the government.…

The secretary-general of the Central Bank of Iran elaborated on the benefits of Checkavak, the unified electronic check exchange system, in a televised program on Saturday.

An analyst has made the case that a rise in business lending not only has no inflationary effect, but also accelerates economic growth.

Asian Infrastructure Investment Bank will officially launch business in 2016 with 57 prospective funding members, including the Islamic Republic of Iran.