Economy

Saman Bank Academy is holding an educational seminar on trends in anti-money laundering measures in cooperation with the UK based Euromoney Learning Solutions. David Brimacombe, an expert in…

The Central Insurance company of Iran has urged insurance firms to remove misleading billboards from the cities. The measure comes after some insurers put ads purporting to pay extra returns on…

The metal packaging industry has been around for nearly two centuries and continues to thrive worldwide.

Metal cans and tins are commonly used for packaging food and industrial products…

Football is one of the most popular sports in Iran and clubs hosting the teams have a large following of fervent fans.

Despite the avowed goal of privatizing state assets, the fate of two…

Tehran Stock Exchange's all-share index TEDPIX wiped 294 points or 0.37% to close Tuesday trade at 78,394.4. Steel companies, oil refineries and investment companies weighed most on the benchmark…

The government sold the first batch of the so-called Ijarah sukuk, a form of Islamic bond, on the Iran Fara Bourse over-the-counter market earlier this week, adding to the financial…

Iran Mercantile Exchange witnessed the trading of more than 62,000 tons of commodities valued at over $28.1 million on Tuesday, including 21,300 tons of polymers, 520 tons of granulated sulfur, 3,…

Iran's first-ever social enterprise hub has shut down after one of its main sponsors pulled the plug on funding, according to one of the founders.

A social enterprise…

As South African President Jacob Zuma concluded a two-day visit aimed at bolstering trade relations with Iran, MTN, Irancell's part owner, said it would repatriate 15 billion South African rand ($…

Augmedix Inc, a startup that uses Alphabet Inc's Google Glass to provide documentation services to doctors and other healthcare workers, said on Monday it had closed a $17 million funding round…

Turk Eximbank will open a $400 million credit line for the Export Development Bank of Iran to import raw material and support investments in projects, Ali Salehabadi, the EDBI chief executive,…

Close to 1.5 tons of caviar were produced in Iran in the last Iranian year (ended March 19, 2016), over 65% of which—worth $1.7 million—had been exported to Japan, Germany, the UAE, Britain, Italy…

Iran and Turkey agreed to reopen the Sarv-Esendere border crossing in May during the recent visit of Iranian President Hassan Rouhani to Turkey in mid-April, Islamic Republic of Iran Customs…

Iran and South Africa have vowed to raise economic exchanges to $8 billion a year by 2020, said the visiting South African President Jacob Zuma.

Construction shares in the South Korean stock market rallied on hopes of big development deals in Iran during President Park Geun-hye’s upcoming visit to the Middle Eastern nation in early May,…

Maritime trade ties between Oman and Iran were further bolstered on Saturday when a consignment of pipes shipped from Sohar Port and Free Zone was discharged at the Iranian port of Bandar Lengeh.…

Governor of the Central Bank of Iran Sunday called on South African lenders to open accounts with the CBI saying the CBI considers that country a key player in the African continent.

“We…

The government allowed gold exporters to sell their foreign exchange earnings to banks at market rates in an attempt to expand exports of the yellow metal, said Mohammad Reza Modoudi, deputy head…

Lack of sufficient banking correspondent relations is one key constraint to domestic insurance companies developing normal ties with their foreign peers because processing premiums and claims are…

 Increasing banks’ capital is a critical need for lenders and this should be done through all possible means, the Minister of Economy Ali Tayyebnia said Sunday in a meeting with senior…

Tehran Stock Exchange’s main index TEDPIX advanced 240.10 points or 0.31% to end Monday trade at 78,688.4. Mining companies, auto manufacturers and banks were the main driving force behind the…

More than 313,000 tons of various commodities were traded at Iran Mercantile Exchange on Monday. The commodities included 261,000 tons of steel sheets, 2,000 tons of bloom ingots, 5,352 tons of I-…

In the modern world, the strength of an economy heavily relies on its securities exchanges and what they offer to investors.

The easy routes to financing they provide companies with are the…

Pierre Beaudoin, the executive chairman of Canadian multinational aerospace and transportation company Bombardier Inc., led a delegation to Iran last week to drum up business and hold talks with…

Iran overtook India to become the largest producer of direct reduced iron in March, making India and Saudi Arabia the second and third largest DRI producing nations respectively.

Scrap…