The 10.4% rise in house rents over the last six months is the result of the recession and low interest rates, prompting landlords to increase rents to make up for the loss in profit, a…
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
Economy
Italy’s UniCredit, a global banking and financial company, has expressed its willingness to cooperate with Iranian lenders, Valiollah Seif, governor of the Central Bank of Iran said, CBI’s website…
Economy
Bank of Ireland will not remove its restrictions on Iranian-related banking transactions despite the lifting of sanctions last month, the Irish Independent has reported.
Economy
Iran on Thursday called on the United States to make a clear public pledge that it would not penalize European banks for legitimate trade with the Islamic Republic.
Many foreign banks are…
Economy
FANAP ICT Company, affiliated to Bank Pasargad Iran, will hold a “FinTech” (financial technology) competition to promote banking and payment innovations. Software developers will have the…
Economy
Unifying foreign exchange rates demands reducing banks’ stressed assets, revising forex regulations and launching a foreign exchange interbank market, Gholam Ali Kamyab, CBI’s deputy for foreign…
Economy
An economic battle is likely for dominance of the skies over the Persian Gulf after Iran decided to invest $27 billion in an airline fleet capable of taking on the region’s supercarriers.
Economy
More than 130 tons of clinker–the primary raw material in the production of cement–have been exported to Turkmenistan via railroad, Mohammad Reza Qorbani, an official with the Islamic Republic of…
Economy
In collaboration with its partner Persian Group, a medium-sized German logistics company, is stepping up its services for Iran.
It has doubled them from two to four departures per week for…
Economy
Stocks on Tehran Stock Exchange continued their rally into their fifth week and closed just shy of their highest in 14 months, on the prospect of a speedy recovery following the removal of…
Economy
Solar water heating is the conversion of sunlight into renewable energy for water heating using a solar thermal collector.
SWH systems are designed to deliver hot water for most of the year…
Economy
Iranian Foreign Minister Mohammad Javad Zarif said good economic and commercial relations could resume with Britain. “Iran and Britain have had traditionally good commercial and economic relations…
Economy
Seven-thousand kilometers of highways are under construction across the country, says the managing director of Construction and Development of Transportation Infrastructure Company affiliated to…
Economy
A conference of Iran’s small and medium enterprises’ exporters opened at Tehran’s Shahid Beheshti University on Friday. It was attended by more than 700 domestic enterprises, members of Iran…
Economy
They say it brings a smile to your face. Saffron, king of all spices, is Iran’s red gold, and an ounce of it is even more expensive in some western supermarkets than the precious metal.
The…
Economy
Iran is seeking a long-term commitment from South Korean firms to invest in the Middle Eastern country as it puts behind western sanctions and strives for sustainable growth, Tehran’s envoy in…
Economy
Iran and Russia have initialed contracts worth around $40 billion, including for power engineering and railroad projects, Ali Akbar Velayati, top adviser to Iran’s Leader Ayatollah Seyyed Ali…
Economy
Online business owners have recently received tax papers from Iran's National Tax Organization, which has caused concerns among many young entrepreneurs.
Before launching their…
Economy
The hundreds of millions of Chinese heading home for Lunar New Year have a relatively new travel option this year: mobile apps to find carpool partners to share costs in what is a novel concept…
Economy
A delegation from Japan's International Cooperation Agency met Iranian deputy minister on Wednesday in Tehran to discuss the start of joint scientific and research cooperation programs.
Economy
A new locally developed satellite was unveiled late Wednesday on the occasion of National Technology Day in Iran.
The "Friendship Satellite" was introduced in the presence of President…
Economy
Taxi operators in Kenya on Wednesday asked the government to stop the operations of Uber, the ride sharing app that has risen in popularity because of its cheaper fares. Kenya's police have said…
Economy
The Central Bank of Iran is closely monitoring the interest rate market and cases of rate violations by 11 banks have been submitted to CBI's disciplinary unit, the bank's governor said Wednesday…
Economy
Following the Central Bank of Iran and Law Enforcement Force’s recent crackdown on black market currency trade, street dealers have found refuge in social networks, exploiting virtual space to…
Economy
The lifting of sanctions per se cannot pull the sluggish housing market out from the doldrums because high interest rates, low purchasing power, insufficient housing loans and the large number of…
Economy
