Minister of Economy and Finance Ali Tayyebnia’s final day of his official visit to Kenya last week (Iranian weekdays end Friday) was packed with meetings with government officials.
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Economy
Referring to unreasonably high salaries of some senior officials, the president of the Central Insurance of Iran said a part of the wages, perks and bonuses plus huge loans outside the norm of the…
The CEO of the Export Development Bank of Iran says the improved business climate and implementation of the Joint Comprehensive Plan of Action largely contributed to Iran’s long-awaited OECD…
The Central Bank of Iran remains focused on and committed to lower interest rates and wants to reduce it further to single digits in line with the rate of inflation, said the bank’s governor…
SACE, the Italian export credit agency says its cover for trading with Iran has reached €2.5 billion since the lifting of sanctions in January.
According to Marco Feriolli, head of the SACE…
Iran has bought 60,000 tons of Brazilian raw sugar, adding to an earlier purchase this month as the Islamic Republic steps up imports.
Iran’s state buyer the Government Trading Corporation…
Plans are underway to construct 2,500 kilometers of highway and 770 kilometers of railroad across the country by the end of the current Iranian year (March 20, 2017), Deputy Roads and Urban…
Iran produces rare-earth elements on an experimental scale.
Equities rebound from four-month lows, as low prices spurred bullish bets in the fourth Iranian month of Tir (ending July 21), but the advance was slow due to poor market prospects.
Demand…
The removal of sanctions provided an opportunity for Iranian automotive industry not only to recover but also reach new heights.
A large number of international car brands rush to come back…
Iran and Japan have signed a document to increase cooperation in the transportation sector.
Smart Cities is an idea integral to the future, where the Internet of Things will play a dominating role in the lives of citizens.
Following reports from around the world of Pokemon Go causing mayhem in several countries for its appeal, Financial Tribune researched if local smartphone users had any luck with installing and…
Global cellphone operator Vodafone reported a better-than-expected 2.2% rise in first-quarter organic service revenue, marking an eighth consecutive quarterly rise in its main growth measure,…
Iran is willing to purchase 25 short-haul aircraft worth up to $500 million from Japan’s Mitsubishi Aircraft Corporation, says deputy roads and urban development minister, Asghar Fakhrieh-Kashan…
The government has called for completing the infrastructure for the Mehr Housing Project, for which “ten trillion rials ($323.8 million) will be raised through Islamic bonds and will be given to…
The government allowed the Central Bank of Iran to repay 9.88 trillion rials ($321 million) to the International Monetary Fund for settling Iran’s debts to the Washington-based lender. The amount…
In a letter to the CEO of Parsian Bank, the Central Bank of Iran approved an increase in the bank’s capital. Founded in February 2002 as a nongovernment bank, the lender previously had a capital…
German bankers have expressed enthusiasm in establishing normal banking links with Iran, the governor of the Central Bank of Iran says.
The Insurance Research Center, affiliated to the Central Insurance company of Iran, is set to recommend measures for promoting corporate governance rules in insurance companies, which is “vital…
The 10th International Exhibition on Gold, Gems, Jewelry, Related Machinery and Equipment opened in Isfahan on Tuesday. The four-day expo hosts 130 firms from Italy, Turkey, the UAE, Austria,…
Kenya and Iran are pursuing trade ties to boost their exports, as they seek more opportunities in agro processing, textiles, leather and extractive industries. Speaking during a bilateral trade…
Talk about the imposition of a 9% value added tax on transactions through point of sale devices are baseless, Iranian National Tax Administration’s public relations chief, Gholamreza Qeblei,. “…
A delegation from Iran is scheduled to visit South Africa from August 18 to 23 to discuss opportunities for bilateral economic cooperation.
Iran exported more than 2,650 tons of goods valued at $7.9 million to the United Kingdom during the first three months of the current Iranian year (started March 20), registering a %16.4 decline…
