Reinsurance, opening new branches, purchasing domestic insurers' shares and joint investments in the industry are among potential opportunities for cooperation with foreign firms, according to a…
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
- Economy
The latest economic incentive package unveiled by the government has been in the headlines since it was announced with much fanfare two weeks ago. It is seen by many as a change of course by the…
EconomyReentering the international banking industry demands that Iranian banks enhance their electronic services, as systematic innovations worldwide have been rewriting the agenda and nature of the top…
EconomyIranian bankers discussed relations with a visiting Brazilian delegation on Saturday. The Export Development Bank of Iran hosted a meeting where participants held talks in three areas: “banking…
EconomyThe first international seminar on “Offshore Projects” was held in the Dutch city of Hague on Oct. 7-8, according to Bank Mellat website. The event hosted by the Iranian Embassy in Holland in…
EconomyA 130-strong economic delegation from Germany’s Bavaria State headed by the state’s Minister of Economic Affairs and Media, Energy and Technology Ilse Aigner was due to arrive in Tehran on…
EconomyMinister of Industries, Mining and Trade Mohammad Reza Nematzadeh said on Saturday relevant directives will soon be issued to implement the recommendation of the Leader of Islamic Revolution…
EconomyRail projects worth $25 billion have been offered to foreign investors, says the head of Iran Railway Company, Mohsen Pourseyyed Aqaei.
EconomyFrance’s Sephora plans to open several shops in Iran starting next year, becoming one of the first major European cosmetics retailers to directly invest in the country as it emerges from years of…
EconomyClose to 4.5 million tons of citrus fruits were produced in the current crop year, which is sufficient for domestic consumption, says Abolqasem Hassanpour, director general of Tropical and…
EconomyThe list of items in the preferential trade agreement between Iran and Turkey will be updated to include more goods, Iran’s attaché to Turkey said. Hamid Zadboum added that 125 Iranian goods and…
EconomyIran-China trade in the first nine months of 2015 fell 34% compared with last year’s corresponding period to stand at $26.67 billion, registering a surplus in favor of China after years of…
EconomyTwenty-five commercial attachés will be sent to Germany, France, Italy and Spain by late December, says deputy minister of industries, mining and trade, and the head of Trade Promotion…
EconomyThe manufacture of car spare parts has always been one of the most lucrative sectors of the auto industry, irrespective of the slump or boom in the auto market, as there is always a demand for…
EconomyAna Kimia Manganese Company, the first producer of potassium permanganate in the Middle East, was inaugurated in the city of Zanjan on Saturday in the presence of First Vice President Es’haq…
EconomyThe government unveiled its much-heralded stimulus package in mid-October.
The package has a six-month expiration date and is aimed at increasing money supply to stimulate demand and pull…
EconomyTehran Stock Exchange ended Saturday trade barely in green, as TEDPIX inched up 24.90 points or 0.04% at the day’s close to settle at 62,948.6.
EconomyIran Mercantile Exchange’s oil and petrochemicals trading board witnessed the offering of 34,100 tons of bitumen by Jey Oil Refining Company, 8,000 tons of the same commodity by Pasargad Oil…
EconomyThe recent news of the official release of BMW’s 2 Series official launch into the Iranian market is now backed up with a full price list, according to the local auto media. Asre Khodro reports…
EconomyEuropean carmakers said on Friday tougher emissions testing rules agreed this week would hurt the industry by forcing the early phase-out of some diesel models and making it harder to meet carbon…
EconomyFiat-Chrysler Automobiles NV is recalling nearly 900,000 vehicles around the world to fix issues related to airbag deployment and anti-lock braking systems.
The company said it was…
EconomyDuring the past two years, the number of locally-made cars applying for license plates has declined, Commander Mousa Amiri of Traffic Police said.
Without specifying the exact percentage of…
EconomyThe preferential trade agreement with Iran, which came into effect in the beginning of the year, paved the way for Iranian banks to enter the Turkish market. After Bank Mellat obtained permission…
EconomyArdeshir Atai is one of the Iranian professionals who have recently returned home from abroad to practice their careers, but he also is part of the growing numbers arriving steadily to be part of…
EconomyDomestic insurance companies will discuss ties with foreign delegates on the sidelines of the ‘Eighth International Conference on Insurance and Development’ to be held on December 5 in Tehran.
Economy