An Iran-Thailand Business Forum was held in Bangkok on Saturday. Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh, the head of Iran’s Cultural Heritage, Handicrafts and…
Economy
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Google’s new “Pixel” smartphone is off to a fast marketing start with $3.2 million in television ads in two days since it announced the upcoming launch.
Ad executives expect Google to spend…
EconomyA Microsoft event is scheduled for October 26 in New York City, with the Internet abuzz about what the product to be released could be.
EconomyUS-based AT&T Wireless has reportedly signed a deal with Iran’s third operator RighTel to offer roaming services to Americans visiting Iran, according to a report from Tehran.
The New…
EconomyIn the wake of new opportunities and positive developments between Iran and Malaysia, the governor of the Central Bank of Iran has called for expansion of joint banking measures by the two Muslim…
EconomyThe Central Bank of Iran is working on a plan to raise the daily withdrawal limit at ATM devices, from 2 million rials (55$) to 4-5 million rials ($ 112-138), said the head of CBI’s IT department…
EconomyIranian insurance firms paid policyholders 60 trillion rials ($1.9 billion) in claims during the five-months to August 20, a 31.2% increase compared to the same period last year.
Data from…
EconomyThe minister of economy has called for greater momentum in economic and banking ties between Tehran and Ankara.
EconomyThe United States is further easing sanctions on Iran, making it easier for foreign firms to do business with the country following last year's nuclear deal.
EconomyHeading a large trade delegation, Germany’s Vice Chancellor and Minister for Economic Affairs and Energy Sigmar Gabriel recently paid a two-day visit to Tehran, hoping to give a timely boost to…
EconomyDeputy Agriculture Minister Ali Akbar Mehrfard said trade deficit in the agriculture sector has narrowed by $220 million to stand at $1.5 billion in the first half of the current Iranian year (…
EconomyAccording to the latest figures released by the Statistical Center of Iran, the unemployment rate in the first quarter of the current Iranian year (started March 20) showed a 1.4% increase…
EconomyOver 1.65 million tons of goods worth $452.9 million were exported from Kermanshah Province in the first half of the current Iranian year (March 20-September 21), indicating a 3% rise in value…
EconomyIran exported $58.5 million worth of commodities to the United States from January to August. The Islamic Republic had no exports to the US during last year’s corresponding period, the US Census…
EconomyIran’s major mining companies manufactured more than 15.1 million tons of iron ore concentrate in the first half of the current fiscal year (started March 20). The Iranian Mines and Mining…
EconomyThe Iranian government is paying as much, if not more than private companies, in bond markets to borrow money. While this goes contrary to the norm, it is a demonstration of the universal rules…
EconomyThe Iranian government has ambitious plans for the country’s steel industry now that international trading sanctions against the Middle Eastern country have been lifted.
But which is the…
EconomyTehran Stock Exchange’s main index gained 34 points or 0.04% to end Saturday trade at 77,217.
More than 872 million shares valued at $46 million changed hands for the day.
Rouzdarou…
EconomyChinese automaker Geely will launch a new brand next year, codenamed “L”, with cars based on joint architecture developed with Volvo.
EconomyA member of Majlis Industries and Mining Commission has pressed for releasing the details of the new contract signed by the Industrial Development and Renovation Organization of Iran with Renault…
EconomyIranian automakers will soon begin the production of two models of tour buses, five months after the Ministry of Industries, Mining and Trade rejected a proposal by the tourism authority to remove…
EconomyCapital Intelligence Ratings announced on Thursday that it has affirmed the Financial Strength Rating (FSR) of Export Development Bank of Iran (EDBI) at ‘BB-’. The FSR is supported by the bank’s…
EconomyThe Central Bank of Iran and the State Bank of Vietnam have agreed to establish correspondent relations, said the governor of the CBI, Valiollah Seif.
“In relation to the development and…
EconomyA one trillion rials ($31.7 million) credit line has been opened by Keshavarzi Bank (the main agriculture bank) to help prop up the struggling pistachio export industry, said the deputy…
EconomyA former top US Treasury Department official acknowledged in talk with The Weekly Standard Thursday that major international firms still do not want to do business with Iran, despite efforts…
Economy