Economy

The economy grew a meager 0.7% during the nine months of the Iranian year (ended Dec. 21, 2015), says Government Spokesman Mohammad Baqer Nobakht.

“Unlike last year, we were not successful…

Today's question is "how fast" Iran can open its doors and integrate into the global economy. It is a when, not if, and President Hassan Rouhani's administration is in a rush. That was the key…

Switzerland is one of the most important and influential members of World Trade Organization and its endorsement would help solve problems in the accession process, the head of Iranian Scientific…

Sellers are bound by law to display a price tag on all their commodities, says Mahmoud Navvabi, the head of Consumers and Producers Rights Protection Organization. Navvabi, who is also the deputy…

A 70-strong Polish delegation, headed by deputy minister of infrastructure and development and deputy chairman of the Polish Chamber of Commerce, has paid a visit to Iran’s northeastern city of…

A Swiss company has signed a contract with an Iranian firm to invest in Iran’s tea industry, said a member of the Association of Distribution Companies, without identifying the company.  “As…

Cafe Bazaar, Iran’s most popular local Android app store, announced over the Iranian weekend (Thursday-Friday) that its app has now been installed on over 28 million Android devices.

Gianni Infantino, the new president of world’s football governing body, believes football cannot ignore technology any longer.

Infantino, 45, is in Cardiff ahead of the International…

The United States’ Commerce Department is set to place export restrictions on Chinese telecoms equipment maker ZTE Corp. for allegedly violating US export controls on Iran dating back to 2012.…

 The Central Bank of Iran has issued a decree telling commercial banks to stop providing services to unlicensed credit and financial Institutions. The decree is the second such warning in as…

The Central Insurance of Iran has barred insurance companies from signing direct contracts with automakers for selling third party auto policies. According to the CII website, the measure aims to…

The domestic economy is at a turning point, which will open the way for sustainable development and help unleash immense potential, Valiollah Seif, governor of the Central Bank of Iran said…

Tehran Stock Exchange’s all-share index TEDPIX advanced 324.40 points or 0.42% to settle Saturday trade at 78,022.2, as large cap mining and oil companies lead the rally.

Nearly 1.5 billion…

About 894,000 tons of copper concentrates were produced by subsidiaries of National Iranian Copper Industries Company, namely Sarcheshmeh, Sungun and Miduk copper complexes, during the 11 months…

Germany is keen to facilitate the reintegration of Iran into the global business arena by engaging Iran in every area possible.

However, first and foremost on the German agenda is the…

European and Asian investments are moving fast into Iran, leaving the US in the dust as some sanctions continue to keep American money out despite keen interest, CNBC quoted an investor as saying…

Iran’s polyethylene capacity will grow at an annual rate of 13% to 8 million tons a year by 2020 from 4 million tons a year in 2015, due to post-sanctions investments, according to an analyst with…

The average price of imported drugs has experienced a 29% decline since the removal of western sanctions against Iran, according to Nasser Riahi, chairman of the Syndicate of Iranian…

The recession experienced in recent months in the household appliance market is to be followed by an economic rebound during the second half of the upcoming Iranian year (to start March 20), said…

Going shopping in Iran is a singular experience. Depending on what you are looking for, there will be a multitude of places to go and many chances to compare prices in a highly competitive retail…

Oman’s Minister of Commerce and Industry Ali bin Masoud Al Sunaidy and Minister of Transport and Communications Ahmed bin Mohammed bin Salim Al Futaisi, accompanying a 60-strong delegation,…

Despite the arrival of the 2016 models and especially with the new 30 kWh battery pack, Nissan’s Leaf sales are still disappointing in the US.

Nissan released this week its February sales…

Iran’s largest auto manufacturer, Iran Khodro Company, will negotiate a business agreement with Datsun, an automobile brand owned by Japan’s Nissan.

According to IKCO’s CEO Hashem Yekezare…

The Renault-Nissan alliance expects to generate €5.5 billion ($6 billion) of synergies in 2018 by integrating more divisions and sharing resources better within the partnership, the alliance said…

Western European car sales rose 14% to 1,007,994 in February, according to industry data provided by LMC Automotive.

“Italy was the main driver this month, well supported by double-digit…