Economy

The average goods and services Consumer Price Index for rural areas in the 12-month period ending October 21, which marks the end of the Iranian month of Mehr, increased 7.5% compared with last…

Iran is emerging as a market that every retailer with international ambitions should be looking at, according to a senior executive of British multinational retailer Debenhams.

Tajikistan’s mobile operators have begun the process of re-registering all SIM cards as part of a strategy to combat terrorism, according to a report from the country.

Iranian researchers at Tehran’s Amirkabir University of Technology have developed an incubator for culturing cells and microbes. Mehrdad Saviz, the project manager, said the incubator can be used…

Iran’s Ministry of Industries, Mining and Trade is offering financial aid to Iranian companies active in the information and communications technology sector to participate in the upcoming elecomp…

One of Russia’s biggest Internet companies, Mail.ru Group, announced it has bought German Rocket Internet Group’s online food delivery ordering service Delivery Club.

The Russian company is…

With roughly $10 billion of assets ready to be divested, Iranian Privatization Organization presents valuable opportunities to both domestic and foreign investors that are unique in many aspects,…

The Central Bank of Iran has updated its regulations regarding the operation of bureaux de change, banning currency forward deals by individuals and companies. CBI requires forex operations to be…

Greece defied EU and US pressure last month to reapply sanctions on the Iranian bank Saderat, the first sign of dissent inside the European Union on Iran, media claimed on Tuesday.

As…

Trade between Britain and Iran is beginning to grow and the government is working to resolve banking concerns that are limiting further expansion, British trade minister Liam Fox said on Wednesday…

Iran’s asphalt production exceeds domestic demand by more than 115 million tons, said the head of Iran Road Maintenance and Transportation Organization, Davoud Keshavarzian, at the Eighth Bitumen…

Iran is ranked 120th among 190 economies in the World Bank’s Ease of Doing Business ranking, down three notches from its 117th place last year.

One major factor placing the country so low…

Tehran Stock Exchange’s main index inched up 11.70 points or 0.01% to end Wednesday trade at 79,670.9.

This comes as the TEDPIX surged over 1,000 points or 1.31% to 80,340.70 points on…

Japan Steel Works Ltd. sees significant potential in the Iranian extrusion market with the lifting of nuclear sanctions on the country and plans a seminar there in early 2017 to kick off its…

James Briggs, one of Europe’s largest manufacturers of aerosols and consumer chemicals, has successfully entered another emerging market after securing a deal with Iran-based protective coating…

Data from more than 10.4 million households, accounting for 40.5% of the Iranian households, have been collected from across the country by field officers since the beginning of the door-to-door…

The National Confederation of Entrepreneurs Organizations of Azerbaijan Republic, locally known as ASK, is hosting a conference on promotion of investment opportunities in Iran and Azerbaijan in…

A joint exhibition organized by Iran and Afghanistan opened in the western Afghan province of Herat on Tuesday.  Products such as electronics, construction materials, home appliances, food…

A delegation from Russia’s Volgograd Oblast arrived in Iran’s northern Mazandaran Province on Wednesday for a three-day visit for exploring ways of expanding mutual trade. The mission is scheduled…

IrToya, Toyota’s official dealer in Iran, is delivering presold 2016 Prius with registration plates, according to an announcement from the company.

In October 2015, IrToya announced the…

A number of billboards in Tehran have cropped up with an image of a white peacock standing between two parked vehicles with a catchy tagline: “Stand out, Nissan-style.”

Sponsored by Jahan…

Japan’s Honda Motor Co. says its net profit in the last quarter was 188 billion yen ($1.7 billion), up 39% from a year earlier, buoyed by sales in small, medium size and SUV models. The company on…

The Paris-based company has launched the manufacturing plant in collaboration with Iran’s largest auto manufacturer Iran Khodro (IKCO) and the Industrial Development & Renovation Organization…

Lawmakers will back the promotion of financial technologies and innovations, as they bolster the economy, said Majlis First Deputy Speaker Masoud Pezeshkian.

India’s Finance Ministry may replace UCO Bank with another public sector lender to make its Iran oil payments. While no final decision has been made, an Indian official said the ministry “favored…