The board of trustees of the National Development Fund of Iran (NDFI) cut interest rates on rial loans that will be allocated to exporters. The export loan interest rates were brought down to 11%…
Economy
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Economy
The Central Bank of Iran has clarified the lawful framework for the operation of fintech companies, though policymakers could well reverse the trend.
Economy
The much-anticipated banking bill which takes on major reforms in the key sector will be finalized in the parliament before the current fiscal year is out in March 2017, the head of the Majlis…
Economy
The online phase of the eighth round of the National Population and Housing Census ended at 12 a.m. on October 21 with close to 11.1 million households or 37.2 million people having registered…
Economy
Expanding cities and warming climate in the Iranian plateau have boosted demand for air conditioners in the Iranian market.
Economy
A significant increase in prices for imported hot rolled coils is observed in Iran amid the general upward trend in the global market.
Local customers, however, prefer to take a wait-and-…
Economy
Since summer 2016 and following the referendum to leave the European Union, the UK has suffered many losses.
The pound has not been as low as its current value for the last three decades.…
Economy
Tehran Stock Exchange’s main index gained 295.70 points or 0.38% to end Saturday trade at 78,387.2.
More than 820 million shares valued at $88.1 million changed hands for the day.
…
Economy
Indian-owned Jaguar-Land Rover and the UK base for Ford are testing connected cars in the country for the first time.
The new partnership, between the formally owned Ford companies and Ford…
Economy
Chinese manufacturer Geely, which now owns Volvo, launched an entirely new car brand called Lynk & Co. this week.
The first new car is a compact SUV imaginatively named 01, which is…
Economy
After a month-long delay, the first phase of Tehran’s Low Emission Zone plan became operational on October 22.
The plan, which aims to tackle air pollution, will use cameras to scan…
Economy
SAIPA, Iran’s second largest carmaker, has started shipping cars to Iraq once again after the Iraqi government released the brakes on the import of Iranian cars citing “safety issues”. According…
Economy
On October 20, Iran’s top exporters were introduced and honored at a ceremony held to mark the 20th anniversary of National Exports Day, which was aimed at helping local companies boost their…
Economy
Nothing is holding back the banking system from financing small and medium-sized enterprises and by the end of the current fiscal year in March 2017, all production units will have sufficient…
Economy
Informatics Services Corporation, a leading developer of banking and payment solutions in Iran, has launched a formal bid to seek partnership with top payment solution suppliers to develop a…
Economy
Middle East Bank was ranked as the top Iranian bank in terms of taking anti-money laundering measures in the fiscal year that ended in March.
Economy
Western insurers are slowly reaching deals with Iran as they seek to reenter a multi-billion dollar market although the pace of business is hampered by banking restrictions ten months on from the…
Economy
Citrus fruit exports from Mazandaran are expected to reach 20,000 tons by the end of the current Iranian year (March 20, 2017), said the governor of the northern Iranian province.
Rabi’…
Economy
The priority of Mobarakeh Steel Company is to supply material required by Iran’s downstream manufacturers, while export is of secondary importance, the deputy head of sales at Iran’s largest steel…
Economy
Germany’s DHL Freight, a division of Deutsche Post DHL providing road and rail freight services across Europe, parts of the Commonwealth of Independent States, North Africa and the Middle East,…
Economy
A large Malaysian trade delegation headed by the country’s Minister of Industry and Foreign Trade Mustapa Mohamed left Kuala Lumpur for Tehran on Friday.
Economy
Iran imported over 905 kilograms of suture thread worth $15,191 in the first half of the current Iranian year (March 20-September 21, 2016).
Economy
The First International Mineral Processing Activists Symposium (IMPAS 2016) is scheduled to be held in Tehran on October 25-26.
Economy
It’s been a busy month for Iran with a number of inroads being made into one of the world’s largest untapped markets.
Economy
Stocks gained small ground in the month of Mehr (ended October 21) on both stock exchanges in Tehran, as rising oil prices and US easing of sanctions helped shares rise.
Economy
