Reforming the economy’s finance structure is essential and doing so will help pave the way for decent economic growth, Akbar Komeijani, deputy governor of the Central Bank of Iran said late Sunday…
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Russia has allocated a credit line worth $5 billion for its joint projects with Iran, announced Mahmoud Vaezi, the Minister of Communications and Information Technology and the Iranian head of…
EconomyIran’s economy is likely to grow around 1% this year, thanks to government plans to stimulate the economy, the removal of sanctions and normalized relations with the global community, head of…
EconomyThe Armenian market is mostly at the disposal of Chinese, Russian and European firms, making it highly competitive, therefore Iranian traders should exercise due diligence before entering the…
EconomyA 30-member Belgian delegation led by the Secretary of State for Foreign Trade Pieter De Crem and President of the Federation of Belgian Chambers of Commerce and Industry John Stoop were hosted by…
EconomyTehran and Ankara have agreed to increase their annual trade from the current $13 billion to $30 billion in the coming years, IRNA quoted Iran’s commercial attaché to Turkey, Hamid Zadboum, as…
EconomyVolkswagen managers are worried about traveling to the US, a German newspaper reported, saying US investigators have confiscated the passport of an employee who is there on a visit.
EconomyHousing bubbles have burst and prices have returned to five years ago when accounted for the inflation rate. This signals end of the recession in the key sector and thus a boom is expected in the…
EconomyThe Majlis Research Center in its latest review of the structure of monetary and credit policymaking, has emphasized the need for the independence of the Central Bank of Iran to successfully…
EconomyThe decision on Saturday by senior bankers to lower deposit rates by two percentage points as of November 22 triggered reactions from analysts and economists demanding confirmation from the…
EconomyThe Central Insurance of Iran company has asked insurers to respect the approved return of premium on life insurance policies following reports to the effect that some companies are offering…
EconomyGerman firms are advised to cooperate with Iran in textile and food industries, says René Harun, managing director of Iran-Germany Chamber of Commerce, adding that currently close to 30% of Iran’s…
EconomyThe benefits of China-Pakistan Economic Corridor go beyond the two countries’ interests, as it will benefit the whole region, particularly Iran, said Pakistan’s Minister of Finance, Revenue,…
EconomyTwo large iron ore processing plants will be built in Aras Free Trade Zone. Ebrahim Baqerzadeh, the deputy head of Aras Free Trade Zone, also said 15 mini oil refineries have been established…
EconomyA great deal has been written about the opportunities waiting for both strategic and portfolio investors in post-sanctions Iran.
There is no denying that the country of almost 80 million…
EconomyToday, Kish Island is hosting two important events: 7th Invest Show on Iran’s investment opportunities, and 2nd EBEX, an international exhibition on exchange, banking, insurance and privatization–…
EconomyIran Mercantile Exchange’s industrial and mining trading board witnessed 1,000 tons of copper cathodes supplied by the National Iranian Copper Industries Company at the base price of $5.1 per kg…
EconomyFour infrastructure projects in the mining sector with a total investment of $2.5 million will become operational by the end of the current Iranian year (March 2016), the Iranian Mines and Mining…
EconomyThe government intervention in the pricing of iron ore products and steel has no positive outcome and only leads to disillusionment among producers, says the deputy chairman of Iran Iron Ore…
EconomyThe Securities and Exchange Organization—the financial markets regulator in Iran—is in talks to join the International Organization of Securities Commissions, a club for organizations that…
EconomyTehran Stock Exchange’s benchmark ended Sunday trade flat, as it dropped 1.20 points or less than 0.01% to stand at 62,999.2 at the day’s close.
More than 515 million shares valued at $20.2…
EconomyMineral exploration over an area of 44,800 square kilometers from the city of Abadeh in the north of Fars Province to Jaz Murian basin in the south of Kerman Province has been launched by Iranian…
EconomyMobile Internet users in Iran have more than tripled in the past two years, according to a new report.
Local technology website Zoomit reports this is mainly due to the fact that the…
EconomyNASA has released stunning footage of the sun in ultra high definition. Naming the project “Thermonuclear Art”, NASA captured the images from the Solar Dynamics Observatory.
EconomyResearchers of Amirkabir University of Technology have produced scandium-47 radioisotope to relieve pain and treat bone wounds in advanced cancers.
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