Under a new clause the parliament has added to the Monetary and Banking Act’s Article 39, the Central Bank of Iran has the legal authority to take action against unauthorized financial and credit…
Economy
About 763,000 tons of goods worth more than $187 million were exported via the western Kermanshah Province during the first two month of the current Iranian year (started March 21), which shows a…
Plans are underway to build a new passenger terminal in Tehran’s Mehrabad International Airport, deputy head of planning and supervision in Iranian Airports Holding Company Gholamhossein Baqerian…
Having blown fresh wind into a much-delayed mortgage plan, the government is entering tough negotiations with real-estate developers, credit institutions and mortgage companies to hammer out the…
Visiting business delegations are streaming into Iran with an eye on lucrative new deals before a June 30 deadline for a sanctions-lifting nuclear agreement with six world powers.
Iran and Italy have agreed to establish a joint agricultural committee “in the near future”, announced Agriculture Minister Mahmoud Hojjati, as reported by IRNA on Monday. The two countries are to…
Microsoft’s cellphone arm, Microsoft Mobile Oyj, formally Nokia, has not revealed a new flagship smartphone since it rebranded the Lumia range in 2014, Tech Radar writes.
Research for launching satellites should be a budget priority in the Iranian Space Program, head of the Aerospace Research Institute of Iran said, adding that sending astronauts into space should…
A locally developed voice-based social networking application has recently been launched, ISNA reported on Saturday. Developed by Iranian programmers, the app called 'Narrator' allows users to…
Kouhdom Gold Mine, located 110 kilometers northeast of the central city of Ardestan in Isfahan Province, has the capacity to produce 300 kilograms of gold every year once it comes into operation,…
Some iron ore mines have been storing their products in depots due to the low global prices, ISNA quoted a member of the Iron Ore Producers and Exporters Association of Iran as saying.
“…
While millions had their eyes on Berlin as the city hosted the UEFA Champions League final on June 6, the European capital also hosted a three-day conference on high-tech entrepreneurship in Iran…
In an exclusive interview with the Financial Tribune, CEO of Iran Fara Bourse Amir Hamouni said companies willing to transfer ownership or be merged with other companies but are not listed at IFB’…
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,…
