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…
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…
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.
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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.
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…
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…
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…
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…
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…
South Korea and Iran agreed to maintain the current won-based settlement system while seeking an alternative payment method that can further promote bilateral trade and investment, South Korea’s…
Raiffeisenbank International (RBI) of Austria wants to fully re-launch operations in Iran over the coming months. At the moment business is still on ice. The bank had been doing very good business…
Trade delegates from Russia, India and Iraq, representing more than 22 companies, visited Kerman Province on Wednesday and met with their Iranian counterparts in a series of B2B meetings to…
