In line with Central Bank of Iran’s policy of ditching the US dollar in favor of the euro, Iran’s ambassador to Colombo has called on Sri Lankan banks to trade with Iran in the European Union’s…
Economy
- Economy
The Informatics Services Corporation, a leading developer of banking and payment solutions affiliated with the Central Bank of Iran, has signed a deal with Russia's BPC to develop a national…
EconomyAfter the implementation of the historic international deal on Iran’s nuclear program in 2015, the country has managed to attract $14 billion worth of foreign investments, the head of the…
EconomyIran is interested in the import of Belarusian beef, Belarus’ Deputy Agriculture and Food Minister Igor Brylo said at the Fourth All-Belarusian Forum of Livestock Producers.
“We…
EconomyIran Airports Company registered 42,648 takeoffs and landings during the Iranian month ending Sept. 22, showing a 5% rise compared with last year’s corresponding period.
About 5.6…
EconomyIran’s import prices for hot-rolled coil cooled down over the week that ended on Oct. 11, in line with the downtrend in the major global markets.
Metal Bulletin’s price assessment for…
EconomyKorea Airports Corp., the operator of South Korean airports and supplier of airport equipment, said on Thursday it signed an agency contract with an Iranian company.
The airport operator…
EconomyIran’s Minister of Economic Affairs and Finance Masoud Karbasian will visit Azerbaijan on Oct.
EconomyThe first freight trains will operate on the Astara (Azerbaijan)-Astara (Iran) railroad section in late November 2017, the chairman of Azerbaijan Railways CJSC said.
The two eponymous…
EconomyAs Washington gets ready for US President Donald Trump to throw the first stone to kill the Iran nuclear deal, Iranians are trying to preserve their hard-won gains from the agreement.
EconomyThe launch of the 1.5-million-ton/year expanded Saba Steel Plant and affiliated hot-rolled coil units in Isfahan Province has helped Iran’s largest steel producer Mobarakeh Steel Company…
EconomyMovements on all fronts, be they social, political or economic, move stocks one way or another, ranging from slight tremors to shockwaves based on the development’s magnitude.
EconomyThe 18th International Exhibition of Telecommunications -- Iran Telecom 2017 – will open on Oct. 16. To be held at Tehran’s Permanent Fairgrounds, the four-day event is sponsored by the Telecoms…
EconomyTelecom Minister Mohammad Javad Azari Jahromi conferred with his Armenian counterpart Vahan Martirosyan on the expansion of mutual ties.
The talks were held on the sidelines of a state…
EconomyThe Vice Presidency for Science and Technology has established a new task force called ‘ICT Committee’ to promote investment in information technology companies.
EconomyA major flaw has been detected in the newly-unveiled Google Home Mini speaker that allows it to secretly record conversations without users knowing.
EconomyIranian Economy Minister, Masoud Karbasian along with the Governor of the Central Bank of Iran Valiollah Seif left Iran on Wednesday to take part in the autumn meetings of the International…
EconomyThree Iranian private banks, namely Saman Bank, Parsian Bank and Bank Pasargad, plan to open branches in India, of which Pasargad’s request is in the final stage of approval, India’s ambassador…
EconomyIran has a risk potential of over $3 trillion that can be covered by insurance, the Central Insurance of Iran’s vice president announced.
“Not more than 30% of the risks in Iran’s…
EconomyBank Maskan–as the agent lender of the housing industry–plans to fund the construction of 1.3 million houses in the next four years.
Announcing the above, Bank Maskan CEO Mohammad Hashem…
EconomyThe Central Bank of Iran distinguishes between temporary fluctuations and long-term trends in the foreign exchange market and closely considers this in its decision-making to ensure forex…
EconomyTehran Stock Exchange’s main index gained 9.70 points or 0.01% to end Wednesday trade at 84,744.1.
About 792 million shares valued at $35.353 million changed hands for the day.
…
EconomyKhazar Sea Shipping Lines transported a record high of 217,988 tons of cargo in the sixth Iranian month (ended Sept. 22), registering a 34.3% rise compared with the similar period of last year…
EconomyThe International Monetary Fund in its latest World Economic Outlook report has projected that Iran’s real GDP will expand by 3.5% and 3.8% in 2017 and 2018 respectively. In 2022, the IMF…
EconomyA decision by US President Donald Trump to back out of the Iranian nuclear agreement could derail billions of dollars in western investments heading toward Iran and trigger European economic…
Economy

