Economy

Robert Bosch reported a slide in profits for 2016 as the company invested in the development of products for electric vehicles.

Underlying operating profit fell 6.5% to 4.3 billion euros ($…

Following the recent Iran Trade Expo in the Omani capital, Iran Khodro Company (IKCO) has reported on how their booth at the Iran-only exhibition was received by the people of the Arab nation.…

Ford Motor Co.’s 2017 earnings will be hit by a delayed currency impact of at least $600 million from Britain’s vote to leave the European Union, putting last year’s record European profit levels…

Bank Pasargad Iran will hold the First Fintech Festival and the Second Fintech Trig-Up event, “to support commercializing innovative ideas in the financial sector and address fintech firms’…

The research arm of the Iranian Parliament has published an analytical report on the plan to increase the capital of public-sector banks, pinpointing its faults while stressing the necessity of…

Conforming to International Financial Reporting Standards will have immediate positive implications for attracting foreign investments and help Iranian banks on the international scene, believes…

Iranians made 1.06 billion successful digital payment transactions worth 1.19 quadrillion rials ($30.8 billion) during the month ending December 20.

The average Producer Price Index in the 12-month period ending January 19, which marks the end of the Iranian month of Dey, reached 4% compared with last year’s corresponding period, according to…

According to Kuwaiti logistics company Agility's latest annual report jointly conducted by Transport Intelligence, Iran has climbed more spots – eight positions to 18th – than any country in…

In 2015, when Russia-Turkey relations entered a phase of tension due to the downing of a Russian fighter jet by Turkey, a propitious opportunity emerged for Iran's food industry to replace the…

The volume of agricultural products that go to waste in Iran is enough to feed up to 18 million people annually, Deputy Agriculture Minister Abbas Keshavarz said.

French Foreign Minister Jean-Marc Ayrault is scheduled to visit Iran at the head of a politico-economic delegation this week, Iranian Ambassador to France Ali Ahani announced. “The visit is timed…

The Iran-Russia “Green Corridor” was piloted last week after the first shipment of Iranian agro products was exported to Russia from Abbasabad Export Terminal in western Mazandaran Province.

International companies have signed agreements with Iranian businesses to invest $3.2 billion in Chabahar, as part of development projects of Makran Coast in southeastern Iran.

“Seven major…

Import prices for hot rolled coil in the Iranian market have remained unchanged over the past week, Metal Bulletin learnt on Wednesday.

Metal Bulletin’s weekly price assessment for Iran’s…

Since the nuclear-related sanctions against Iran were lifted a year ago, several European companies have started negotiations to establish businesses in Iran’s diversified market.

Stating…

Tehran Stock Exchange’s main index shed 1,333 points or 1.67% during the week that ended January 25 to end at 78,049.

IFX, the over-the-counter Iran Fara Bourse’s benchmark, lost 8.1 points…

The Eighth Doors and Windows Technology International Exhibition ended in Tehran on Friday. Also known as Do-WinTech 2017, the four-day event hosted 352 local firms and 63 companies from Turkey,…

Samsung is preparing to unveil a pair of Galaxy S8 smartphones significantly different from past models, according to someone familiar with the company’s plans.

Local utilities are pushing ahead with plans to overhaul the ageing residential and commercial electric metering infrastructure. One key feature of economic growth is smart utility meters and the…

The Iranian Space Agency and Iran’s Space Research Center will sign a contract to jointly design and build a communications satellite to be named Nahid 2 (Venus 2 in Persian).

A…

It will take two months for the Central Bank of Iran to implement plans for unification of foreign exchange rates, said Valiollah Seif, CBI’s governor. He noted that plans will start once the…

Iranian banks say they have had notable achievements on the international banking scene one year into the implementation of Iran’s nuclear accord with world powers.

Industrial Management Institute has released the list of 500 largest Iranian firms, gauging them on the basis of their generated revenues during the fiscal year that ended on March 19, 2016.

The average house price in Tehran during the Iranian month of Dey (December 21-January 19), increased 9.9% from a year ago —a measure of the cost per square meter of floorspace has revealed.…