Economy

Foreign investors can register mining firms in Iran with 100% ownership rights, said deputy minister of economic affairs and finance, Mohammad Khazaei on Wednesday during the 4th conference on…

The barriers and objections to Iran-US economic relations will not be everlasting.

This declaration by President Hassan Rouhani in a meeting with the executives of American companies in New…

Kerman Province accounts for one-third of the country’s total date production, said the head of Iran Date Association and member of Kerman Chamber of Commerce, Industries, Mining and Agriculture.…

India’s Minister of Road Transport and Highways Nitin Jairam Gadkari, head of Swiss Department of Environment, Transport, Energy and Communications, Doris Leuthard, and Secretary General of…

There is a certain air of inevitability about Iran’s return to the international fold in the wake of the nuclear settlement between Tehran and the P5+1 group of international powers. Western…

A 30- strong British trade delegation is scheduled to visit Tehran on October 2 to witness Iran's economic situation firsthand and prepare for entering the country in the post-sanctions era.

More than $3 billion were invested by the private sector in Aras Free Trade and Industrial Zone during the first half of the current Iranian year (started March 21), said the managing director of…

About 2.8 million tons of goods worth $1.4 billion were exported to Iraq via Parviz Khan and Khosravi border terminals in Qasr-e-Shirin County, Kermanshah Province, during the first half of the…

Espite the Money and Credit Council’s directive in May to increase the ceiling for car loans to 150 million rials ($5,000 at the official exchange rate) Iranian banks refuse e to comply.

President Hassan Rouhani in a speech to the UN General Assembly on Sept.28 heralded the Joint Comprehensive Plan of Action as a new chapter in Iran’s relations with the outside world.

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the country’s  central bank to streamline banking channels with Iran in order to facilitate bilateral trade as a…

First Vice President Eshaq Jahangiri has informed President Hasan Rouhani in a letter that 60,000 billion rials worth of Ijara sokuks (sale and lease-backed bonds) were issued to pay a portion of…

The Central Bank of Iran’s credit Manager, announced that marriage loan applicants who applied in the previous years will get the money soon. According to CBI’s Public Relations Office, Ali Asqar…

The Post Bank of Iran, National Development Fund of Iran’s agent bank, will finance private sector export with foreign currency to promote their businesses, the bank CEO said. Khosro Farahi said…

Despite the crisis facing Iran's car industry, the country aims to produce three million cars annually as part of a 10-year Vision Plan, a third of which will be exported, according to the…

Head of Iran's Management and Planning Organization Mohammad Baqer Nobakht and Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh toured Iran's largest auto manufacturing company on…

Iran Khodro Industrial Group has exported over 6,000 vehicles to international markets in the first half of the current Iranian year (started March 21), surpassing the car manufacturer’s export…

Renault and Chinese partner Dongfeng Motor will produce an electric vehicle based on the French automaker’s Fluence sedan at a factory in Wuhan in 2017, Renault said in a statement on Monday. The…

The second Europe-Iran Forum was held late last week in    Geneva. It was attended by the leaders from Iran’s financial and commercial companies as well as a handful of government…

The International Monetary Fund's Article IV Consultation group has enjoined the Central Bank of Iran to revive the Oil Stabilization Fund to cushion the country's budget against oil price…

Iran Insurance Company Sunday hosted delegates from the British United Insurance Broker and Japanese insurer, Sompo. According to the public relations office of Iran Insurance, the visits aim to…

The former head of the Supreme Board of Iranian Certified Accountants Association claimed that government-owned banks, by holding 20% of non-performing loans, account for 600-700 billion rials ($…

A local analyst has warned about the adverse consequences of money outflow from banks if tax authorities gain access to depositors’ accounts, IRNA reported on Monday.

Potato chips enjoy strong consumer demand in many countries, including Iran.

The Persian daily Forsat-e Emrooz recently published a report on production of potato chips in Iran and…

Amid mounting hopes for economic prosperity following the removal of sanctions as part of the July 14 nuclear pact between Iran and six world powers, policymakers, economists and industrialists…