Top officials from Switzerland’s Federal Department of Economic Affairs, Education and Research and State Secretariat for Economic Affairs are set to visit Tehran next week.
A dispute between the ministries of roads and industries over the import of freight wagons from Russia has recently grabbed headlines in the local media.
In an open letter, Minister…
Foreign direct investment in Iran has been made easier, as Bank Mellat, one of Iran's largest lenders, has signed a contract with the Central Securities Depository of Iran to facilitate FDI in…
Plans are underway to build a chromite concentrate plant in Kerman Province, the managing director of South Kerman Industries, Mining and Trade Organization announced. “The plant will produce 20,…
Iran Chamber of Commerce, Industries, Mines and Agriculture hosted the Iran-New Zealand Economic Forum on Saturday.
Present at the gathering were New Zealand’s Trade Minister Todd…
Telepizza, the leading pizza restaurant chain based in Spain, has announced its planned arrival in Iran as of March 2017 via a strategic master franchise alliance with its partner Momenin…
The number of people looking for jobs has risen by 20% over the seven months of the current fiscal year (started March 20), an official with the Ministry of Cooperatives, Labor and Social…
The world's largest shipbuilding company Hyundai Heavy Industries Co., looks set to clinch a deal with Iran to supply 10 ships.
Close to $118 million worth of non-oil products were exported from Golestan Province in northern Iran during the seven months to October 21, 2016, according to the head of the province’s…
The Ministry of Agriculture has banned the import of walnut because of bumper production of the crop in excess of domestic demand, an official with the ministry said. Ramezan Rouyintan added that…
India’s UCO Bank Ltd will open its Tehran office by the yearend, Iran’s Foreign Minister Mohammad Javad Zarif said, citing a top official with the Central Bank of India as saying.
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Supporters of globalization need to develop a new way to promote open markets that relies on smaller trade deals and helps people who are feeling left out, International Monetary Fund Managing…
For the first time in decades, Ethiopia’s economy has recorded its slowest growth. According to the BBC, economic growth in the country slowed to 8% in the 2015/2016 fiscal year. Ethiopia’s…
Hotels operating in the UAE continued to see declines in occupancy and room rates during October, according to the latest data from industry consultants STR, Arabian Business reported. It said the…
President Nicolas Maduro said Venezuela would issue higher denomination bills “very soon” as soaring inflation and a crumbling currency leave the crisis-stricken country’s largest note worth just…
Prime Minister Narendra Modi on Saturday defended his crackdown on the cash economy that has left businesses, farmers and families suffering, saying it was necessary to keep inflation in check and…
The European Central Bank has done everything in its power to fuel inflation and boost economic growth, but has had limited success. Now, risks and side effects are becoming more evident.
The US jobs report on Friday made one thing clear: president-elect Donald Trump will inherit the same two-track US economy that bedeviled his predecessor.
Malaysia’s economy now stands at RM1.3 trillion and has the potential to grow to a RM2 trillion ($448.88 billion) economy. Prime Minister and Umno president Najib Razak said this potential is…
Despite a green light from Brussels, Germany’s road toll plan continues to be criticized as discriminatory to foreign drivers. Now Dutch, Austrian, Belgian and Danish opposition may prove…
Greece expects to reach an initial agreement with its official creditors at a meeting of eurozone finance ministers on Monday on the fiscal targets and reforms it needs to adopt to conclude its…
Singapore’s manufacturing economy continued on its uptrend, with the latest Purchasing Managers’ Index in expansion mode over the last three straight months. According to data from the Singapore…
The Northern Ireland economy will grow by just 1% in both 2017 and 2018, economists forecast. The Ulster University economists expect business investment will be delayed or cancelled as a result…
Beijing’s pledges to pursue trade liberalization in the face of a potentially more protectionist US under Donald Trump meant it was time for China to “walk the talk” on the issue, former WTO…
Economic pundits and crystal-ball gazers at the New York-based Conference Board, a global, independent business and research association, recently released their latest “Global Economic Outlook…
