SAPCO and Iran Khodro Diesel displayed their capabilities and unveiled their latest products during the Iran Automotive Capabilities Exhibition held last week
Iran Khodro…
Economy
Daimler’s chief executive said a German automaking consortium that controls the HERE digital mapping business is in talks with potential new members.
In August last year, German carmakers…
Gree Electric Appliances Inc., China’s largest air-conditioner maker, is buying electric vehicle company Zhuhai Yinlong New Energy Company to diversify its business beyond home appliances.
According to the CEO of the Bank of Industry and Mine, Iranian banks are now connected to SWIFT, the Society for Worldwide Interbank Financial Telecommunication. Ali Ashraf Afkhami, said that…
The Export Guarantee Fund of Iran (EGFI), and the UK Export Finance (UKEF) have committed to enhancing trade and economic cooperation with a memorandum of understanding signed on March 5 to…
Expanding banking ties with Russia is a key factor in implementing the bilateral trade and economic agenda, Abdolnaser Hemmati, CEO of Bank Melli Iran said at the weekend.
Iranian and German banks will hold a meeting in April to discuss issues related to enhancing relations and improving the performance of Iranian lenders. The planned meeting was announced during a…
Tehran Stock Exchange’s all-share index TEDPIX inched up 70.80 points or 0.09% to end Sunday trade at 78,093 as gains by large-cap auto manufacturing and copper companies were mostly canceled out…
US investors are at risk of getting shut out of deals in Iran while their European competitors get a head-start on billions of dollars in opportunities unlocked by the lifting of international…
Iran is one of the last remaining places, short of Mars and the Moon, where there is significant opportunity. So says Sir Martin Sorrell, CEO of the global advertising giant WPP and one of the…
Thanks to its proximity to the coasts of Oman, Chabahar can play a pivotal role in exporting food to the Arab country, said Omani Commerce and Industry Minister Ali bin Masoud Al Sunaidy.
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The first blanket industry exhibition will be held in Tehran on Tuesday. Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh is scheduled to attend the event, in which advanced…
The United Kingdom’s British Airways, the Netherlands’ flag carrier airline KLM and the Malaysian AirAsia have expressed readiness to resume flights to the Iranian capital, says Mohammad…
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…
