Economy

With Iran rejoining the global economy, Japanese companies are lining up to resume business ties with the oil-rich Middle Eastern market.

The Coordination Council of State-Owned Banks and Iranian Private Banks Association, in an open letter on Saturday, commended President Hassan Rouhani and the nuclear negotiating team for their…

Global insurance firms are courting Tehran for business opportunities following the lifting of the sanctions - and the first test of their intent will come in March when some Iranian companies…

Settling government debt to banks, launching an asset management body to spare the banking system from troubled assets and balance sheets, raising the capital of banks are on the agenda to reform…

The lifting of sanctions will help create the atmosphere for improving the recession-ravaged housing construction market, Farshid Pourhajat, a member of the board of directors of the Builders’…

Tehran Stock Exchange’s main index TEDPIX jumped 779.70 points or 1.16% to settle Sunday trade at 67,740.1.

More than 1.8 billion shares valued at $96.6 million changed hands to post a 35%…

Iran Mercantile Exchange’s oil and petrochemical trading board witnessed the supply of 57,000 tons of vacuum bottom by Isfahan, Bandar Abbas, Tehran and Tabriz oil refining companies on Sunday.…

Close to 200,000 tons of alumina powder were produced by Iran Alumina Company from March to December 2015, says managing director of the company. Tooraj Zare’ added that the output is expected to…

Dutch firm Barentz International is the first foreign company to actually invest in Iran after the lifting of western sanctions against the Islamic Republic.

Danish pharmaceutical firm Novo Nordisk, the world’s top insulin supplier, expects to be ahead of the pack now that nuclear sanctions are lifted in Iran, thanks to its preemptive investment plan…

Iran’s total production of dates stands at 1 million tons per annum, said the head of the National Association of Iran’s Dates.

Mohsen Rashid-Farrokhi added that 150,000 tons of this amount…

The post-sanctions era presents an ideal opportunity for local search engines to cooperate with major foreign players, including Bing and Yahoo, said the secretary of the Administrative Council…

An Iranian firm has launched a service familiar to international website users, a Whois site.  The new site, which provides detailed website ownership information in Persian, has been…

Britain's banks need to dedicate far greater resources toward securing their IT infrastructure and should have a designated board member overseeing the issue, a senior lawmaker said, following a…

Iranian researchers have produced laboratorial samples of scaffolds made of nanofibers to produce cells from stem cells to cure diseases.

Iran and China have been negotiating a deal to cooperate on Iran's fiber optic and satellite projects, said Iran's minister of communications and information technology.  

According to…

All villages with at least 20 households and above will receive high-speed Internet, a deputy at the Ministry of Communications and Information Technology said.

"Specialists of the ministry…

The Central Bank of Iran is keeping a close eye on the money market to prevent ‘’dirty money’’ from contaminating the upcoming parliamentary elections, the governor Valiollah Seif said Saturday.…

The share of private insurance firms grew in the nine months ending Dec. 21 making up 58% of the industry’s total earnings. This is while Iran Insurance Company, their sole state-owned rival, took…

In line with efforts that started last year to organize the foreign exchange market, the Central Bank of Iran has shut down 13 uncertified bureaux de change and intends to take firm action against…

The Central Bank of Iran has confirmed that Bank Parsian is assigned to take over the insolvent financial institution, Samen-al-Hojaj, according to a statement on the CBI website.

Bank…

Iran is set to reengage with international banking and lending institutions within weeks as they link up with their Iranian counterparts using global transaction network SWIFT, Iran’s Middle East…

Metal cans are designed to hold a portion of food or liquid, with the top end removable by pulling off the ring attached to it, which provides easy access to the content without causing any injury…

Two decades after he hauled a suitcase full of cash onto the floor of the Moscow Stock Exchange to buy up shares in the aftermath of communism, Dominic Bokor-Ingram has taken a similar early punt…

Tehran Stock Exchange’s overall index TEDPIX gained 397.90 points or 0.60% to end Saturday trade at 66,960.4.

Over 2.1 billion shares valued at $149.4 million were traded, posting a…