Economy

Eghtesad Novin Bank said it is financing eco-friendly projects in cooperation with the Department of Environment, Hussein Motamedi, the bank’s CEO said Saturday.

“EN Bank has developed an…

Measures have been taken to reopen Bank Melli PLC London, Hassan Zaferani, CEO of the bank said on Saturday. He added that the UK banking system has authorized PLC to resume its activities.

A senior official with the Supreme Council of Iran’s Free Trade, Industrial and Special Economic Zones has called on the Export Development Bank of Iran to open branches in the free and special…

Foreign airlines will soon be reestablishing flights to Tehran following the lifting of sanctions against Iran.

Mohammad Khodakarami, deputy head of Iran’s Civil Aviation Organization, said…

Al-Futtaim Group is considering entry into Iran as the Dubai-based conglomerate seeks to grow its retail offering in populous markets, a company official said.

“We are closely monitoring…

Sanofi signed a memorandum of cooperation with Iran’s government aimed at boosting its presence in the country, the French drugmaker said last week.

The agreement was signed during the…

Investment opportunities in Iran are “too big to ignore”, the CEO of a top British investment firm told American broadcaster CNBC.

Tehran Stock Exchange ended Saturday trade with the benchmark TEDPIX gaining 382.90 points or 0.54% to settle at 71,393.9 at the day’s close.

More than 1.9 billion shares changed hands…

During the visit of President Hassan Rouhani and his accompanying high-ranking delegation to Italy last week, Danieli Group signed deals worth close to $6.2 billion with the Iranian Mines and…

Iranian commercial banks will have to lend more to the agricultural industry, a new central bank of Iran directive decrees. Non-specialized lenders will have to match the agricultural industry’s…

The goods and services Consumer Price Index for rural areas in the 12-month period ending January 20, which marks the end of the Iranian month of Dey, reached 11.5% compared with last year’s…

French train maker Alstom says it signed a contract with the Iranian government to start talks on the development of railroads in the Middle East country on Friday. The company, which makes TGV…

Turkey’s leading airport operator, TAV Airports, plans to pursue new projects in Iran. TAV’s CEO Sani Sener also told state-run Anadolu Agency that geographical and cultural proximities lead the…

It is not just the world of oil which is bracing for the impact of Iran’s return to the market after the recent lifting of US sanctions.

International pistachio traders are watching and…

Following the lifting of sanctions on Iran, UK dairy businesses are now expressing an interest in entering what is described as the last, large untapped emerging market in the world: Iran.

…

Lebanon’s Minister of Economy and Trade Alain Hakim is scheduled to visit Iran on Sunday to participate in the Seventh Iran-Lebanon Economic Cooperation Commission.  A trade delegation…

Nissan is recalling nearly 930,000 Altima midsize cars worldwide—some for a third time—to fix a latch problem that could let the hood fly open while the car is moving. The new recall covers cars…

The contract between PSA Peugeot Citroen and Iran’s national car producer Iran Khodro has been signed at last and the finer details are beginning to leak out via reports from the respective…

Tongyao YIN, president and CEO of Chery Automobile Company, as the only representative of Chinese auto industry, accompanied Chinese President Xi Jinping to Iran for a state visit on January 22.…

Tehran's markets have responded well to Iran's reconnection to international trade.

The foreign exchange market adjusted first, even before sanctions were lifted on January 16 and has been…

In the presence of the President Hassan Rouhani, and Italian Premier Matteo Renzi, SACE and the Central Bank of Iran signed a settlement agreement for the …

Bank Melli Iran will pursue Future Bank’s case through legal channels if Bahrain’s central bank decides to shut down the Iran-owned bank,  Abdol Nasser Hemmati, the BMI chief said on…

Credit Agricole, Crédit Industriel et Commercial (CIC), Société Générale are prepared to restore ties with Iran, Valiollah Seif, governor of the Central Bank of Iran said on Friday.

“…

Capital Intelligence (CI), the international credit rating agency, has upgraded the long-term Foreign Currency Rating (FCR) of Export Development Bank of Iran (EDBI) to ‘BB-’ from ‘B+’ with the…

He came, he saw and he pocketed all the deals that matter. Chinese President Xi Jinping’s tour of Southwest Asia to Saudi Arabia, Egypt and Iran–could easily be sold anywhere as your typical…