Economy

Spain’s Ambassador to Iran Pedro Antonio Villena Pérez is visiting Lorestan Province’s capital Khoramabad today (August 1), Mehr News Agency quoted head of Khorramabad’s Chamber of Commerce,…

Iran Fara Bourse saw a 102% surge in the number of transactions during the week that ended July 29, compared with the previous trading week. According to IFB, a total of 652 million securities…

Tehran Stock Exchange’s overall index had a seesaw trading in the week that ended July 29, snapping a seven-day losing streak, but falling short of wiping out the big losses incurred lately.

After Iran and world powers reached a landmark deal to end a 12-year dispute over Iran’s nuclear energy program, US-Iran Chamber of Commerce took a step forward by launching its official website (…

Hot on the heels of this month’s historic nuclear agreement between Iran and six world powers, corporate giants are rushing to enter the country, which is considered the last emerging…

There are great opportunities for Turkish business in Iran, now that the accord with the world powers has begun the lifting of sanctions.

“A vast market will now be open to both Turkish…

A humanoid robot that will teach children about electronic banking will be unveiled this week.

Sony on Thursday reported a 39% rise in quarterly profit on strong sales of camera sensors and PlayStation 4 videogames, beating analyst estimates and helping to reassure investors a recent stock…

A man has been arrested in the US state of Kentucky after shooting down a camera-equipped drone that was hovering above his property.

Considering the drone’s presence over his property to…

Iran’s highest banking regulatory body approved a directive for banking operations in economic free zones on Tuesday. The Money and Credit Council’s directive aims to ease the attraction of…

While Iran’s historic nuclear deal with the world powers will give Tehran access to its blocked assets, a banking expert said $23 billion in unfrozen assets would be transferred to the Central…

Parliamentarians have stepped in once again to resolve the ongoing troubles of Mizan Financial Institution. In a letter addressed to heads of the executive and judiciary branches, 35 lawmakers…

Despite criticisms by financial and housing experts, a member of the Securities and Exchange Organization’s high council has revealed details on the launch of a real-estate bourse in Tehran,…

Emirati firms will be the biggest beneficiaries in Middle East and North Africa as a result of the opening up of the Iranian economy after the nuclear deal with world powers.

Days after Iran reached a deal with the West on its nuclear program, McDonald’s put up an online invitation to applications for those interested in opening the country’s first American burger…

A reputable German company will finance steel projects in Iran, deputy minister of industries, mining and trade and head of the Iranian Mines and Mining Industries Development and Renovation…

More than 56% of listed companies at Tehran Stock Exchange gave a boost to TEDPIX on Wednesday to help the benchmark rise 291.2 points or 0.44% at 66,780.7.

Investors are digesting fresh…

An Indian state company has agreed to sell high-quality iron pellets to Iran, in what could be a $200 million annual deal that signifies expanding business ties between the countries, as sanctions…

Iranian Mining Industries Development & Renovation Organization has signed a massive contract with the private sector worth over $130 million for equipping and exploring Khomroud Coal Mine in…

Deputy finance minister Ali Asgari is scheduled to visit Cyprus on August 4, at the invitation of the Cyprus Chamber of Commerce and Industry, Cyprus News Agency reported. CCCI has hailed the…

South Korea says it will hold an information session next week to help local businesses make inroads into Iran after the lifting of sanctions on the country.

Head of Islamic Republic of Iran’s Customs Administration Masoud Karbasian and a visiting Afghan delegation headed by director general of Customs Administration Department of Afghanistan…

The manufacturing sector is currently running at 40% capacity, says the head of Manufacturing Cooperatives Union, who believes the high interest rates is the main obstacle in the way of production…

The newly minted US-Iran nuclear deal will deliver an “avalanche of trade” for western businesses, predicts the boss of Australian agricultural giant SunRice.

Foreign airlines are increasingly showing interest in Iran’s aviation sector, according to deputy head and caretaker of Iran’s Civil Aviation Organization, Mohammad Khodakarami.

“According…