Economy

While many in the local industry have surmised that the Chinese car industry is likely to be the biggest loser when sanctions on Iran end, the Financial Tribune likes to take a longer view of the…

 The housing sector will get better only when the state of the economy and purchasing power of homebuyers improves, a Tehran-based analyst said.

United Kingdom Export Finance has reintroduced a £50 million ($ 71.2 million) cover to support UK companies seeking to compete for business in Iran, following the lifting of the sanctions against…

The Export-Import Bank of South Korea (Eximbank) announced Sunday it would upgrade Iran’s credit rating to C2 from C3, the sixth-highest on its nine-grade rating system.

A rating upgrade…

Bank Mellat, Bank Sepah and Parsian Bank have signed a joint contract to finance the completion of two South Pars gas development phases (11 and 24) and the National Gas Pipeline, ILNA reported.…

The Central Bank of Iran will utilize its foreign assets to stabilize the foreign exchange market, expand exports and create new jobs, Valiollah Seif, the bank's governor said late Saturday.…

The United States will allow foreign subsidiaries of American companies to trade with Iran as part of sanctions relief granted under an international nuclear deal, the US Treasury Department said…

Iran has reached an agreement with the European consortium Airbus to buy 114 passenger planes for state carrier Iran Air, the minister of roads and urban development announced on Saturday.

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South Korea’s newly-appointed ambassador to Iran, Kim Seung-ho, met with the head of Tehran Chamber of Commerce, Industries, Mines and Agriculture, Masoud Khansari, in Tehran on Saturday. He said…

Iran welcomes the investment and participation of German companies in its agriculture industry, said Iran’s agriculture minister.

A 24-kilometer queue is a permanent fixture at Iran-Turkey’s Bazargan Border Crossing, according to the manager of the border terminal in northwestern Iran. Jaber Akbarpour added that every day…

The price of Iran’s iron ore of 62% purity destined for China’s Qingdao Port slipped $0.58 to $38.92 per ton, reversing the ascending trend of the previous year’s last two weeks and dispelling…

The Joint Comprehensive Plan of Action is not the endgame, but only the beginning for the reconstruction of Iran’s economy, said the head of Iran Chamber of Commerce, Industries, Mines and…

Iranian stocks headed for the highest level in more than five months after sanctions imposed over the country’s nuclear program were lifted.

Tehran Stock Exchange’s overall index TEDPIX…

Russia wants to expand its transit networks south to Iran, but doing so will not be easy.

A mobile phone application programming marathon, known as Hackarestan, will be held over three days starting January 27 in Tehran.

The first of its kind, the event will focus on producing…

The 6th International Conference on Nanostructures will be held on Kish Island early March 2016. The Institute for Nanoscience and Nanotechnology of Sharif University of Technology is to organize…

China's largest online direct sales firm, JD.com, said on Saturday it will raise 6.65 billion yuan ($1 billion) for its JD Finance subsidiary from investors, including Sequoia Capital China, China…

Starting with the current 6th generation Skylake processors, future central processing units are only going to be fully compatible with Windows 10, Microsoft has confirmed. In other words, if you…

Uber has been fined $7.6 million by the California Public Utilities Commission for a failure to report data on its drivers.

According to the Los Angeles Times, the ride-hail company said it…

The Isfahan Municipality and investors at the two-day 'Conference on Investment Opportunities in Isfahan' signed eight MoUs  estimated at 24 trillion rials ($795 million), including one with…

Lifting of economic sanctions on Iran could be a boon for the UAE and Lebanese banks that have close ties with businesses in Iran according to the Institute of International Finance (IIF).

Bank Parsian is set to take over the insolvent credit institution, Samen-al-Hojaj, following problems its depositors face in taking back their money, according to website banker.ir. The latest…

Rial gained 1.3% against the US dollar in Saturday trading as diplomats gathered in Vienna to announce the end of international economic and banking sanctions against Iran.

The Greenback…

Equities responded to the "Implementation Day" of the historic nuclear deal on Saturday, with their largest gain since March, while all major currencies retreated against the rial to two-month…