Economy

Tehran Stock Exchange’s main index TEDPIX crawled up 49 points or 0.06% to end at 77,697.8, with telecoms and petrochemicals companies spearheading Wednesday’s seesaw growth.

The market’s…

Iran Mercantile Exchange’s exports board hosted the trading of 44,055 tons of commodities worth $12.6 million on Wednesday, down 68% from Tuesday’s $39.5 million. IME also traded 2,200 tons of…

Iran is targeting over $100 billion in foreign investments after nearly a decade of international economic sanctions that the country incurred for its nuclear program.

The Islamic Republic of Iran Customs Administration and the Federal Customs Service of Russia finalized a historic deal by signing "the Customs Cooperation Agreement” on Tuesday.

Signed by…

Eghtesad Novin Bank, as a participant in the Global Money Week 2016 (March 5-25), will conduct a series of events across the country to promote money-saving habits from an early age. The event…

The Money and Credit Council agreed Tuesday to double the ceiling of Bank Maskan’s Housing Saving Account mortgage for newlyweds.

French bank Societe Generale is willing to start cooperation with Iran’s mining industries, said Richad Soundardjee, the bank’s chief regional officer for Middle East, during a visit to…

The sixth five-year development plan  (2016-21)includes clauses calling for developing green national account systems to consider the environmental costs of economic activities, said…

Interest rates have been a recurring theme in Iran’s business and market climate during the outgoing fiscal year (ends March 19). After many ups and downs and heated debates, the Money and Credit…

A 24-member delegation from Lahore Chamber of Commerce and Industry met members of Khorasan Razavi’s Chamber of Commerce in Mashhad on Tuesday.  Both sides discussed cooperation in food,…

Montenegro is ready to establish trade and business ties with the Islamic Republic, vice president of Chamber of Economy of Montenegro said.  During a meeting between Iran’s Ambassador to…

More than 8.4 million tons of non-oil goods were imported via Shahid Rajaei Port in the southern province of Hormozgan during the 11 Iranian months ending Feb. 19, registering a 28% decrease…

An exclusive summit will be held in London on March 9 to examine the opportunities and challenges surrounding Iran’s reintegration into the global economy.

The government has run into a 450-trillion-rial ($12.8 billion) deficit in the current Iranian year (ending March 19), according to government spokesperson, Mohammad Baqer Nobakht, state-owned…

Iran will soon be equipped with modern steelmaking technologies, said the CEO of the world’s fourth largest steelmaker, POSCO E&C.

Hoping to expand into new markets, Guangzhou Automotive Group Company has announced intentions to move into the Iranian and Russian markets.

In a new development phase, Renault has a special program to train Iranian auto parts makers and partner them in future Renault-Nissan group projects.

According to a company press release,…

Rolls-Royce said on Wednesday it had appointed Bradley Singer, a partner from its largest shareholder ValueAct Capital, as a non-executive director on its board. The company said Singer, who will…

The Central Bank of Iran is considering the possibility of lowering mortgage interest rates. Head of the CBI credit department, Ali Asghar Mirmohammad Sadeqi, said. Regarding the recent cut in…

The government is planning to tap into the bond market to clear its debts and improve the manufacturing sector, Masoud Nili, a senior economic advisor to President Hassan Rouhani said Tuesday.

The second Iran-Europe Business Forum will be held in Tehran on March 5-7, said Ali Divandari, head of Iran’s Monetary and Banking Research Institute.

A total of 88,323 tons of commodities worth $39.5 million were traded at Iran’s Mercantile Exchange on Tuesday. IME’s industrial and mining trading board traded 1,760 tons of B hot-rolled sheets,…

Chief executive of Tehran Stock Exchange hosted his Turkish counterpart from Borsa Istanbul in the First Iran-Turkey Capital Markets Forum aimed at increasing cooperation between the two exchanges…

Russia’s Minister of Agriculture Alexander Tkachyov called on Iran and Russia to address limitations hindering business ties to double the value of trade.

Tkachyov was speaking in a meeting…

Tehran Stock Exchange’s all-share index, TEDPIX, inched up 109.60 points or 0.14% to settle at 77,648.8 on Tuesday, snapping a three-day losing streak with help from large-cap petrochemical, oil…