On the sidelines of the 13th edition of Malaysia International Halal Showcase, Iran’s Ambassador to Malaysia Marzieh Afkham urged Iranian traders to take advantage of the economic benefits of…
Economy
Economy
The Central Bank of Iran has forecast upliftment of the property market in the current calendar year (started March 20), despite the rather gloomy data that marked the previous year.…
Economy
Iranians ushered in the New Year with renewed optimism for better living conditions for the 80 million population after enduring a decade-plus of hardship imposed by the unjustified and harsh…
Economy
A branch of the Russian Tempbank will open in Qeshm Island to help facilitate bilateral commercial and economic ties between Iran and Russia, the CEO of Tempbank announced.
Economy
Iran’s Economy Ministry has issued 5 trillion rials ($145 million at the market exchange rate) of lease-based Islamic bonds, expanding the range of the government’s funding tools and providing a…
Economy
A surprise spike in iron ore prices this year is shaking out fresh supplies of the steelmaking raw material, but some miners say it is too soon to aggressively restart production shuttered by a…
Economy
Iran’s trade balance was positive in the last Iranian year (March 21, 2015-March 19, 2016), registering a surplus of $916 million, according to the latest report by the Islamic Republic of Iran…
Economy
Stocks in Tehran rose in the first trading week of the new Iranian year (started March 20) on optimism about the Iranian economy and dissipation of worries about falling commodity prices globally…
Economy
Iranian Aluminum Company produced about 180,000 tons of pure aluminum in the last Iranian year (ended March 19, 2016), indicating a 9% increase compared to the previous year, managing director of…
Economy
A delegation, including representatives of 70 companies from Germany’s North Rhine-Westphalia, headed by the state’s Minister of Economic Affairs, Energy and Industry Garrelt Duin will visit Iran…
Economy
South Korea and Iran will hold working-level talks in Tehran next week to discuss their economic ties.
Economy
Pakistan and Iran aim to increase annual trade volumes between the two countries to $5 billion by 2021, according to Pakistani Prime Minister Nawaz Sharif.
Economy
The goods and services Consumer Price Index for urban areas in the 12 months ending March 19, which marks the end of the Iranian month of Esfand, increased 11.9% compared with last year’s…
Economy
Iranian and Austrian representatives of their respective countries’ private sectors signed deals worth over $2 billion in Vienna on Thursday.
Economy
A new Iranian e-commerce website allows users to do a large part of their grocery shopping online. By using the website Sabzaloo.ir (meaning green prune in Persian), customers can pick the items…
Economy
Yandex Payment Solution, the payment aggregator service of Yandex.Money, is introducing a new checkout method in Russia, allowing merchants to identify their customers’ preferred payment methods…
Economy
China's Huawei Technologies on Friday posted its biggest annual revenue growth since 2008, boosted by China's adoption of fourth-generation mobile technology and strong sales of smartphone…
Economy
A team from China plans to challenge Google's AlphaGo, the artificial intelligence program that beat a world-class player in the ancient board game Go.
Economy
Indian officials and merchants have asked the Islamic Republic of Iran Customs Administration to lower tariffs on tea imports from India.
In 2014 and 2015, India exported some 18,000 and 22…
Economy
A 13-year-old Airbus A320 passenger plane has been delivered to Kish Airlines, the CEO of the Iranian company, Mohammad Ali Sadat-Akhavi announced on Wednesday.
Kish Airlines, which…
Economy
Banks have settled 20 trillion rials ($661.8 million) of their debts to the Central Bank of Iran during the first 10 months of the fiscal year (ending January 20). According to CBI’s latest…
Economy
This week Iran’s Volleyball Super League’s final match was held between Sarmayeh Bank’s club vs. Paykan, with the former grabbing the title.
Sarmayeh’s victory, however, raised doubts…
Economy
Negotiations with big credit card issuers, namely Visa and Master Card, are underway to introduce their cards to Iran’s market, the CEO of Shaparak payment and settlement network said on…
Economy
The newly-raised mortgage is not only much bigger than the previous ones, it also provides a valuable opportunity for families, especially first-time buyers, to purchase a house, a deputy minister…
Economy
Global transaction network SWIFT is now linked to Bank Mellat’s Armenia branch, Bank Tejarat’s Dushanbe branch, Bank Melli’s Baku branch and Bank Melli’s Iraq branch, according to a senior…
Economy
