Economy

Central Asian-based Colibri Law has become the second international law firm to establish an office in Tehran after partnering with a local firm, The Global Legal Post reported.

The Iran…

Azerbaijan will grant Tehran $500 million in credits for the construction of the North-South transport corridor, Iran’s Minister of Communications Mahmoud Vaezi said.

A record high of more than 1 million tons of seafood was produced in the last Iranian year (ended March 19, 2016), according to the head of Iran Fisheries Organization. “Some 40% of the sum were…

More than 360 international companies from 34 countries are participating in the second “Project Iran” exhibition, which is being held at Tehran’s International Permanent Fairground on April 24-27…

With the lifting of sanctions, international exhibition organizers are turning their attention toward Iran.

Agricultural specialists believe that in view of the recurring nationwide droughts, progressive industrialization and migration of rural people to urban areas, all of which culminate in a decline…

Non-oil exports from East Azarbaijan Province amounted to $2 billion in the last Iranian year (ended March 19, 2016), the deputy head of the northwestern province’s industries, mining and trade…

Iran’s exports to South Korea saw a 6.7% rise in the first quarter of 2016 compared with last year’s corresponding figure and reached $638.69 million. Iran ranks 29th in the list of countries…

An upsurge in the housing market is likely toward the middle of the Iranian fiscal year (September 21), Hamed Mazaherian, deputy minister of roads and urban development said in an opinion piece…

Central Bank of Iran has required banks to provide the struggling small and medium manufactures with working capital. The CBI Saturday issued a decree on its website which instructs lenders to…

Bank Hekmat Iranian has launched an exchange company in Tehran, in an attempt to expand its services. Abbas Askarzadeh, the bank’s chief executive, said that BHI will also establish a leasing…

Export Guarantee Fund of Iran and the Swedish National Export Credit Guarantee (EKN) agreed on Saturday to expand cooperation and support trade between the two countries’ private sectors.

Tehran Stock Exchange’s all-share index TEDPIX inched up 12.70 points or 0.02% to end Saturday trade at 78,281.7.

Mining companies and automakers were the main winners of the day, while…

The Fourth Iran International Aluminum Conference is scheduled for May 11 in Tehran. The two-day conference, held every two years by the Iran Aluminum Research Center, highlights the domestic…

The Iranian capital market is expected to play a more central role in financing in the current Iranian year (started March 20), notably for the government to settle its debts and fund the…

Shares on Tehran Stock Exchange had a bumpy ride in the first month of the Iranian year (March 20-April 19), ending the month lower as shares pared gains from a rally in January and February.

A deputy industries, mining and trade minister has announced that companies are allowed to pre-sell cars only with the express permission of the ministry.

Iran's second largest car manufacturer, SAIPA, has announced that it will soon be selling a new SUV in Iran: Changan CS35.

The company has said the new car is being released due to the high…

According to analysts Frost & Sullivan, Japanese brands constituted nearly 69% of UAE passenger vehicle sales in 2015, according to a new report.

Demand for Japanese parts is also at an…

Britain's transport secretary, Patrick McLoughlin, has pressed Volkswagen on why it is offering compensation to customers affected by the diesel emissions scandal in the US but not the UK, a…

The Central Bank of Iran has called on the German government to support closer collaboration between the two countries’ banks, including Iran’s Middle East Bank, as a prerequisite for…

The number of insurance agents should be halved because 20,000 professional agents are more than enough for the insurance industry, said Masoud Hajjarian, managing director of the Professional…

 The Central Bank of Iran Wednesday allowed Bank Maskan – the main housing bank – to issue 3 trillion rials ($99 million) worth of mortgage-backed securities in a bid to stimulate the…

Iranian officials have rejected a ruling by the US Supreme Court that clears the way for families of victims of the 1983 Marine barracks bombing in Beirut and other attacks to collect nearly $2…

Bank Melli Iran has plans to offer loans to sectors that contribute to national growth rates, raise export levels and create jobs in this fiscal year that started on March 20, said Abdolnasser…