Economy

Going shopping in Iran is a singular experience. Depending on what you are looking for, there will be a multitude of places to go and many chances to compare prices in a highly competitive retail…

Oman’s Minister of Commerce and Industry Ali bin Masoud Al Sunaidy and Minister of Transport and Communications Ahmed bin Mohammed bin Salim Al Futaisi, accompanying a 60-strong delegation,…

Despite the arrival of the 2016 models and especially with the new 30 kWh battery pack, Nissan’s Leaf sales are still disappointing in the US.

Nissan released this week its February sales…

Iran’s largest auto manufacturer, Iran Khodro Company, will negotiate a business agreement with Datsun, an automobile brand owned by Japan’s Nissan.

According to IKCO’s CEO Hashem Yekezare…

The Renault-Nissan alliance expects to generate €5.5 billion ($6 billion) of synergies in 2018 by integrating more divisions and sharing resources better within the partnership, the alliance said…

Western European car sales rose 14% to 1,007,994 in February, according to industry data provided by LMC Automotive.

“Italy was the main driver this month, well supported by double-digit…

Iran has signed an agreement with Afghanistan on exploration and exploitation of mines and mineral exports.

The agreement was signed between Iran’s Minister of Industries, Mining and Trade…

Romania’s Minister of Foreign Affairs Lazar Comanescu met with Iran’s Economy Minister Ali Tayyebnia during his three-day Iran visit on Wednesday. Heading a high-ranking politico-economic…

Iran is Germany’s top economic and trade partner in the Middle East and North Africa.

The statement was made by State Secretary of Germany’s Federal Foreign Office at the German-Iranian…

Chairman of Tehran’s Chamber of Commerce, Industries, Mines and Agriculture Masoud Khansari met with Albania’s visiting deputy foreign minister, Saleem Bolor Taya, in Tehran on Wednesday to…

The European group, Ambrosetti, is to hold the First Iran-Italy Conference in Tehran on May 16-17. The objective is to discuss the relationship between Iran and Europe, Italy in particular, under…

The government has invited US plane manufacturer Boeing to negotiate the purchase of passenger aircraft to renovate Iran’s aging fleet, said Iran's minister of roads and urban development.

A strong performance by moderates in the Iranian elections should offer a boost to the country’s economy, and to foreign investment, ratings agency Moody’s said.

There are bilateral opportunities for cooperating with Iran, as Qatar’s neighboring country, in terms of trade, investment, banking and finance, said Raghavan Seetharaman, chief executive officer…

The world’s ‘Big Four’ accountancy and professional services firms are taking steps to establish operations in Iran following the lifting of international sanctions in January.

KPMG,…

India plans to resume settling trade with Iran under a regional clearing house system after a gap of five years, the Indian government said on Wednesday, as New Delhi seeks to promote trade ties…

The Europaisch-Iranische Handelsbank AG in Hamburg has restarted services to Iran since March 1 as the first European lender to do so after the lifting of the sanctions. Customers can now transfer…

Iran offers Scottish businesses huge “early mover advantage” in sectors such as oil and gas, construction and food and drink.

Law firm Burness Paull is urging Scottish firms to engage with…

South Korea is the latest nation to raise its stake in the Iranian economy, pledging €5 billion to projects in the country.

The deal follows similar agreements between Kexim—South Korea’s…

The government has projected the purchase of up to 10 million tons of wheat from domestic farmers in the coming Iranian year (to start March 20), 24% more than the amount purchased in the current…

Relations between Iran and Turkey are growing, as the neighbors shrug off differences on international politics to boost cooperation in economic fields.

Regulator Capital Markets Board of…

Tehran Stock Exchange and Iran Fara Bourse extended their gains for the second month, as the upbeat mood surrounding the lifting of nuclear sanctions and waves of agreements with foreign investors…

The development of novel technologies in Iran has resulted in the presentation of new products to market with improved and modified properties and applications.

As a novel technology,…

Opportunities in the Iranian telecoms market are expected to open up quickly, anticipated a panel at Capacity Middle East 2016 on Thursday.

Panelists were extremely positive about both the…

Yahoo Inc. is exploring the sale of $1 billion to $3 billion of patents, property and other "non-core assets", its chief financial officer said on Thursday. Yahoo CFO Ken Goldman told the Morgan…