The South Korean government held an inter-agency meeting on Friday to explore ways of minimizing local business impact from the US decision to exit the 2015 nuclear deal with Iran.
Economy
- Economy
Iran’s Minister of Roads and Urban Development Abbas Akhoundi and Syrian Minister of Economy and Foreign Trade Samer al-Khalil signed an economic memorandum of understanding on Friday.
EconomyThe head of France’s business lobby in Iran said on Friday EU government efforts to protect their companies were unlikely to be adequate.
European leaders want to salvage the 2015…
EconomyAs Iran is dealing with the ramifications of the government's policy announced on April 9 to unify the country's dual foreign exchange rates, the private sector has called on President Hassan…
EconomyGlobal insurers are taking stock of how the US withdrawal from the international agreement to curb Tehran's nuclear program and renewed sanctions against companies that do business with Iran…
EconomyIran’s diplomatic offices in Iraq will charge their consular services in either euros or dinars instead of the US dollar, effective from Tuesday as part of a new Iranian policy to reduce its…
EconomyThe reimposition of US sanctions on Iran will only have a limited impact on the country’s mining and metals industry in the short run and is expected to do little additional damage to an…
EconomyIranian steelmakers and customers in major outlet regions such as the Middle East, North Africa and Asia have started to voice concerns that the US decision to quit the nuclear agreement would…
EconomyTehran Stock Exchange’s main index gained 162.92 points or 0.17% on Saturday compared to the day before to end trading at 95,103.1.
About 859 million shares valued at $43.93 million…
EconomyTelecommunications Company of Iran is set to underwrite 8 trillion rials ($190.4 million) worth of equity-based Ijarah sukuk on Tehran Stock Exchange today (Sunday). “The four-year bonds will be…
EconomyThrough a joint venture with Iranian carmaker SAIPA, French automotive giant Citroen presold 2,000 units of its small city hatchback C3 in its initial offering in the country on May 16.
EconomyAs a means to cover the costs of the country’s road expansion program and the debts so far incurred by the government over the project, an average 20% hike in freeway tolling was announced by…
EconomyThe Statistical Center of Iran has released the latest housing data for Tehran, which indicate a significant annual and seasonal hike in prices, rents and deals, manifesting an uptick in the…
EconomyPurchase orders by merchants from the start of the current Iranian year (March 21) until May 16 has doubled compared with the corresponding period of last year, the vice president for…
EconomyIran and Russia could consider using local or digital currencies to cushion any impact on bilateral trade from fresh US sanctions that ban dollar-denominated transactions with Iranians, a…
EconomyBuying activity in the Iranian export market for steel billet was lively in the week ended May 16 with customers rushing to place new orders for July-shipment material, especially those in the (…
EconomyThe European Commission said on Friday it had started the process of renewing a sanctions-blocking measure to protect European businesses in Iran, after the United States pulled out of the Iran…
EconomyTurkey has slammed the sentencing of a Turkish banker in the United States over his role in helping Iran evade US economic sanctions. In a statement late Wednesday, the Foreign Ministry called…
Economy"Good riddance!" must have been how Tehran equity market traders reacted when the United States pulled out of the 2015 Iran nuclear deal.
Seven trading days have passed since US…
EconomySyrian Public Works and Housing Minister Hussein Arnous discussed with Iran’s Roads and Urban Development Minister Abbas Akhoundi on Thursday the prospect of cooperation between Syria and Iran…
EconomyThe five-nation Eurasian Economic Union has signed a three-year provisional agreement with Iran to welcome the Islamic Republic into the bloc’s free-trade zone.
EconomyMore than 127 tons of corded landline telephones worth around 48.58 billion rials ($1.45 million) were imported into Iran during the last Iranian year (March 2017-180), figures released by the…
EconomyThe Second International Conference on Export Transportation and Logistics has been scheduled for June 20 at Tehran’s International Fairground.
EconomyIran traded $703.22 million worth of non-oil goods with Brazil during the last Iranian year (ended March 20, 2018) which was 46.73% less compared to the year before, making the South American…
EconomyCambridge Analytica, overwhelmed by a scandal over how it harvested data from Facebook to influence the last US election, filed for bankruptcy in New York. The UK-based political consulting firm…
Economy

