Economy

French bank Societe Generale is willing to start cooperation with Iran’s mining industries, said Richad Soundardjee, the bank’s chief regional officer for Middle East, during a visit to…

The sixth five-year development plan  (2016-21)includes clauses calling for developing green national account systems to consider the environmental costs of economic activities, said…

Interest rates have been a recurring theme in Iran’s business and market climate during the outgoing fiscal year (ends March 19). After many ups and downs and heated debates, the Money and Credit…

A 24-member delegation from Lahore Chamber of Commerce and Industry met members of Khorasan Razavi’s Chamber of Commerce in Mashhad on Tuesday.  Both sides discussed cooperation in food,…

Montenegro is ready to establish trade and business ties with the Islamic Republic, vice president of Chamber of Economy of Montenegro said.  During a meeting between Iran’s Ambassador to…

More than 8.4 million tons of non-oil goods were imported via Shahid Rajaei Port in the southern province of Hormozgan during the 11 Iranian months ending Feb. 19, registering a 28% decrease…

An exclusive summit will be held in London on March 9 to examine the opportunities and challenges surrounding Iran’s reintegration into the global economy.

The government has run into a 450-trillion-rial ($12.8 billion) deficit in the current Iranian year (ending March 19), according to government spokesperson, Mohammad Baqer Nobakht, state-owned…

Iran will soon be equipped with modern steelmaking technologies, said the CEO of the world’s fourth largest steelmaker, POSCO E&C.

Hoping to expand into new markets, Guangzhou Automotive Group Company has announced intentions to move into the Iranian and Russian markets.

In a new development phase, Renault has a special program to train Iranian auto parts makers and partner them in future Renault-Nissan group projects.

According to a company press release,…

Rolls-Royce said on Wednesday it had appointed Bradley Singer, a partner from its largest shareholder ValueAct Capital, as a non-executive director on its board. The company said Singer, who will…

The Central Bank of Iran is considering the possibility of lowering mortgage interest rates. Head of the CBI credit department, Ali Asghar Mirmohammad Sadeqi, said. Regarding the recent cut in…

The government is planning to tap into the bond market to clear its debts and improve the manufacturing sector, Masoud Nili, a senior economic advisor to President Hassan Rouhani said Tuesday.

The second Iran-Europe Business Forum will be held in Tehran on March 5-7, said Ali Divandari, head of Iran’s Monetary and Banking Research Institute.

A total of 88,323 tons of commodities worth $39.5 million were traded at Iran’s Mercantile Exchange on Tuesday. IME’s industrial and mining trading board traded 1,760 tons of B hot-rolled sheets,…

Chief executive of Tehran Stock Exchange hosted his Turkish counterpart from Borsa Istanbul in the First Iran-Turkey Capital Markets Forum aimed at increasing cooperation between the two exchanges…

Russia’s Minister of Agriculture Alexander Tkachyov called on Iran and Russia to address limitations hindering business ties to double the value of trade.

Tkachyov was speaking in a meeting…

Tehran Stock Exchange’s all-share index, TEDPIX, inched up 109.60 points or 0.14% to settle at 77,648.8 on Tuesday, snapping a three-day losing streak with help from large-cap petrochemical, oil…

Bushehr’s 11-month customs revenues fell 30% to $526.8 million over the similar period of a year before. More than 24.5 million tons of goods, worth $12.5 billion, were exported via the southern…

Tehran’s Chamber of Commerce, Industries, Mines and Agriculture, and the Institute for Economic Promotion of the Austrian Economic Chambers, known by its acronym WIFI, signed a memorandum of…

A delegation of South Korean officials and economic players, headed by Nam Kyung-pil, governor general of South Korea’s most populous province Gyeonggi, met members of Iranian Qazvin Province’s…

President Hassan Rouhani and his allies in Iran’s new parliament will set their sights on rebuilding the economy, Bloomberg reported in its analysis of the post-election scene.

With…

Iran’s contract-signing spree gained steam, as Islamic Republic of Iran Shipping Lines and Singaporean trade minister signed a memorandum of understanding on shipping cooperation in Tehran on…

The Czech Republic is ready to invest in Gilan Province’s transportation sector, said the European country’s charge d’affaires to Iran.