Economy

Iran and Sri Lanka signed a memorandum of understanding to promote technological collaboration. Iran’s vice president for science and technology, Sorena Sattari, met Tuesday with Susil…

The local tech firm Media Pardazesh was announced as the official partner of Huawei for the year 2017 in Iran. 

The announcement was made on Thursday at a press conference held at…

Open markets and global trade have been blamed for job losses over the last decade, but global CEOs say the real culprits are increasingly machines.

The Central Bank of Iran has published a report detailing the achievements of the country’s nuclear accord with world powers in the banking and monetary sectors, as the country marks the first…

The Central Insurance of Iran, the industry’s regulator, has held talks with more than 140 foreign insurance and reinsurance companies that sought to enter the Iranian market since the lifting of…

The Central Bank of Iran requires banks to consider Iranian companies’ joint ventures with foreigners as a single entity. The measure allows joint venture companies to apply for large loans and…

Cabinet members have made decisions regarding increasing the capital of public-sector banks, repaying the government's debts and waiving loan repayment fines in their latest meeting on Wednesday…

Small- and medium-sized enterprises have attracted $1.84 billion in foreign direct investment since President Hassan Rouhani took office in August 2013, of which $653 million have been invested…

Seventeen major global shipping lines have resumed their services to Iran since the removal of nuclear sanctions, says CEO of Ports and Maritime Organization Mohammad Saeednejad. “As a result of…

The Kenya Tea Development Agency says it has found new market for tea in Iran following the lifting of UN sanctions. According to KTDA national chairman, Peter Kanyago, the agency will continue to…

Syrian Prime Minister Imad Khamis stressed the importance of expanding ties with Iran. Arriving in Tehran at the head of a delegation on Monday, Khamis was speaking in a meeting with the head of…

Tehran Stock Exchange’s main index gained 101.80 points or 0.13% to end Wednesday trade at 79,382.2.

More than 1.3 billion shares valued at $59.7 million changed hands for the day.

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After an Airbus A321 airliner landed in Tehran’s Mehrabad Airport on January 12, a ceremony was held to mark the occasion.

The jet is part of a total of 200 planes Iran has ordered from…

Iranian buyers now prefer locally produced flats, as their prices are more competitive compared to those of imported material.  “When domestic quotes rose, we bought large volumes of imported…

Iran’s leading carmakers along with Austrian and German auto manufacturers are designing an energy-efficient vehicle.

The hitherto unnamed model is expected to be in the market in the near…

BMW said it was best for business for the UK to be in the EU single market and urged London to ensure the country retained tariff-free access to the bloc.

Car plants in Kazakhstan produced 8,397 cars in 2016 compared to 12,453 cars produced to 2015. In the last month of 2016, output reached 240 cars compared to 452 cars in November 2016 and 1,648…

The US dollar was exchanged for 38,500 rials in Tehran’s market, the Association of Bureaux de Change Operators of Iran announced, down by 800 rials or 2% compared with Monday.

Banks, reinsurers and financial institutions have a much lower appetite for risk with regard to crude oil shipping from Iran than in the pre-sanctions era and this will not change in the near…

The updated version of the Banking Reform Bill, a blueprint for undertaking major reforms in the banking sector, will at last be taken up in the parliament ‘s spring session, announced the head of…

The Central Bank of Iran announced on Tuesday that it has revised regulations regarding the operation of leasing companies, allowing lenders to offer their services at approximately 3% higher…

More than 1.13 million tons of non-oil goods worth $610 million were exported from Markazi Province during the nine months to December 20, registering a 10% and 3% increase in weight and value…

January 16, 2016, is remembered as the day sanctions against Iran officially began to roll back.

The move freed Iran to sell much more oil and gain control of the roughly $100 billion in…

The first Airbus A321 Iran purchased post sanctions performed its first domestic flight from Tehran to Mashhad. With 200 passengers on board, the airliner landed in Mashhad on Tuesday at 10:20 p.m…

Iran Airports Company has signed a multilateral memorandum of understanding with German companies for expansion of Iranian airports.

The agreement was signed with Munich Airports, Frankfurt…