Last month, history was made as the West lifted resource and financial sanctions imposed on Iran. The effect of that, in terms of commerce, was immediately evident, as Iranian President Hassan…
Economy
Economy
Rolls-Royce is replacing the $386,000 Phantom limousine, the brand’s first model built under BMW AG’s ownership, after a 13-year run as the maker of ultra-luxury cars switches to building vehicles…
Economy
Subaru, which has quietly grown its sales in the US over the last 10 years, is now winning praise for the quality and reliability of its cars and crossover utility vehicles.
The Japanese…
Economy
PSA Peugeot Citroen will set new growth goals after cost-cutting and recovering demand in Europe helped the French automaker beat targets set two years ago following a bailout.
Automotive…
Economy
It looks like we finally know what the 2013 BMW Pininfarina Gran Lusso Coupe concept was all about.
Autocar reports that BMW will resurrect the 8 series, dormant since 1999, in four years…
Economy
The Iranian Auto Parts Manufacturers Association and Germany’s Bavarian Industry Association signed a memorandum of understanding to cooperate in the production of automotive parts, a member of…
Economy
Iran is interested in buying 50 airliners from Brazilian planemaker Embraer SA, a presidential aide in Brazil "with knowledge of the negotiations" said.
This comes as the end of…
Economy
A Singaporean business delegation led by the country’s Minister for Trade and Industry S. Iswaran is scheduled to visit Iran on Friday to hold talks with Iranian officials regarding expansion of…
Economy
Iran’s exclusive exhibition of food industry is scheduled for May in Moscow, according to the Iranian Food Science and Technology Association. All renowned Iranian food industries have been…
Economy
Iran's non-oil foreign trade during the first 11 months of the current Iranian year (started March 20, 2015) reached $76.25 billion.
According to the Islamic Republic of Iran Customs…
Economy
Three Mexican trade missions are expected to visit Iran in the upcoming Iranian New Year (to start March 20, 2016), announced Mexican ambassador in Tehran, Ulises Canchola Gutierrez. The visits…
Economy
The State Bank of Pakistan (SBP) will soon allow Pakistani banks to resume ties with Iranian counterparts, said Abid Qamar, the chief spokesman of SBP on Monday. He noted that SBP would soon issue…
Economy
Following the lifting of international sanctions last month, experts at the Central Bank of Iran have started the process of evaluating and rating domestic banks.
Economy
There are no risks for foreign banks willing to start business in Iran, Valiollah Seif, the Governor of the Central Bank of Iran said Monday.
“Italian and French banks are willing to open…
Economy
The Informatics Services Corporation has signed agreements with IBM and Infosys, two major tech giants, to acquire services for Iran’s banking system, said Aboutaleb Najafi, the ISC managing…
Economy
A total of 5,050 units of Sistan-Baluchestan Province’s Mehr Housing Projects were delivered at a ceremony this week. Ahmad Asghari, deputy minister of roads and urban development for Mehr Housing…
Economy
With the lifting of sanctions imposed on Iran over its nuclear program, the country’s tourism potential has attracted a great deal of attention.
According to a recent article published in…
Economy
The 18th Iran International Steel Exhibition inaugurated on the southern Kish Island on Tuesday was attended by a host of Iranian officials and representatives from domestic and foreign steel…
Economy
Equity markets in Tehran were in recess on Tuesday with trade volume dropping and equity indices struggling to take any direction.
Bullish bets slightly outpaced bearish ones in Tehran…
Economy
The Iranian medical devices market will register a compound annual growth rate of 15.4% in local currency terms during 2014-19, taking expenditure from 22,832.0 billion rials in 2014 to 46,628.6…
Economy
Ford CEO Mark Fields says the 112-year-old company is tripling its investment in new technologies that will ultimately lead to self-driving vehicles, but will keep making cars for drivers who want…
Economy
The eighth edition of Iran's Mobile App and Website Festival was held in Tehran this week.
Held at Iran's National Library, the event introduced the top mobile applications and websites…
Economy
Bill Gates says Apple should help the FBI break open the San Bernardino shooter's iPhone. Talking to the Financial Times, Gates said this was a very specific case: "They are not asking for…
Economy
The greenback’s hesitant path in the next few days seems pretty uncertain. Analysts are divided about the US dollar's trend in the volatile hard currency market. The Persian daily, Donya-e-Eqtesad…
Economy
Hamed Mazaherian, deputy minister of roads and urban development, said on Sunday that the banks, including Bank Maskan, have received CBI permission for opening escrow accounts, within their own…
Economy
