The budget bill for the new Iranian year (started March 20) will be discussed in the parliament on Tuesday, Mehr News Agency quoted lawmaker Mohammad Reza Ebrahimi as saying. President Hassan…
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Iran has launched corresponding relations with banks in Switzerland, Italy, Germany and Belgium following the lifting of the sanctions on January 16, said an official in the Central Bank of Iran…
EconomyAmin Investment Bank and trAIDe GmbH have signed partnership deal to support German companies looking for insights to tap into Iran’s emerging economy.
EconomyThe Iran International Banking Forum 2016 will be held in Frankfurt in May to evaluate the country's banking system, the head of the Iranian World Trade Center announced.
The event, which…
EconomyThe Caspian Credit Institution, formerly known as Arman Iranian Credit Institution, is now listed on the Central Bank of Iran’s website as the fifth certified financial institution in the country…
EconomyThroughput at Iran’s northern port of Anzali has been on the rise since the removal of western sanctions against the country in mid-January, says director general of Gilan Province’s Ports and…
EconomyImports from Turkey—fourth biggest exporter to Iran—declined by 23% to reach $3 billion in the last Iranian year (ended March 19, 2016) compared with the corresponding figure of the previous year…
EconomyIran can now meet 90% of its domestic need for pulses and it is estimated that in the new Iranian year (started March 20), 700,000 tons of the edible seeds will be produced from 825,000 hectares…
EconomyThe Islamic Republic of Iran Railways will host the First International Oil, Rail and Ports Conference on May 15-16 in Tehran. The International Union of Railways—the worldwide professional…
EconomyDespite environmental concerns raised during the past few decades regarding the use of plastic products, the extensive plastic bag consumption underscores the ever-rising demand for this product…
EconomyTehran Stock Exchange’s main index gained 56.50 points or 0.07% to close Saturday trade at 81,536.9. Shipping, petrochemical and oil companies provided the biggest boost to the benchmark.
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EconomyIf there is a seat left in business class on a flight to Tehran, you might be hard pushed to find it. Ever since Iran signed its nuclear accord in January lifting longstanding sanctions,…
EconomyIran started the new calendar year of 1395 on March 20, which was dominated by the long Norouz holiday.
Iranian stocks were enslaved to the fate of economic sanctions against Iran during…
EconomyPromoting a taxpaying culture, creating trust and transparency in the tax collection process and raising awareness about the tax system are high on the agenda of the Iranian National Tax…
EconomyIranian specialists have started to reverse engineer electric vehicles to master the technologies used in building the modern cars.
According to Alireza Daemi, the Industries Ministry's…
EconomyMost major automakers reported US sales gains last month as stronger employment figures and consumer confidence drove the auto industry to its best March in 16 years.
EconomyA four-door hatchback Pope Francis used while visiting New York in September has fetched $300,000 at auction, said the website that held the sale.
The black Fiat 500 Lounge was one of two…
EconomyIran Khodro may be getting competition from the Armenian production of Renault's Captur model, according to a report from the northern neighbor.
In a press conference in Moscow on the…
EconomyAfter 10 years of waiting, Tesla has revealed Model 3, the vehicle that CEO Elon Musk hopes will take the electric car to the masses.
EconomyOn the sidelines of the 13th edition of Malaysia International Halal Showcase, Iran’s Ambassador to Malaysia Marzieh Afkham urged Iranian traders to take advantage of the economic benefits of…
EconomyThe Central Bank of Iran has forecast upliftment of the property market in the current calendar year (started March 20), despite the rather gloomy data that marked the previous year.…
EconomyIranians ushered in the New Year with renewed optimism for better living conditions for the 80 million population after enduring a decade-plus of hardship imposed by the unjustified and harsh…
EconomyA branch of the Russian Tempbank will open in Qeshm Island to help facilitate bilateral commercial and economic ties between Iran and Russia, the CEO of Tempbank announced.
EconomyIran’s Economy Ministry has issued 5 trillion rials ($145 million at the market exchange rate) of lease-based Islamic bonds, expanding the range of the government’s funding tools and providing a…
EconomyA surprise spike in iron ore prices this year is shaking out fresh supplies of the steelmaking raw material, but some miners say it is too soon to aggressively restart production shuttered by a…
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