Iran has entered a new era, people say. Sanctions have been lifted, after a decade-long dispute over Tehran’s nuclear program, paving the way for normalized relations with the world.
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Economy
Economy
The political landscape in Iran is changing and the easing of sanctions will bring a wealth of opportunities for both Iranian and international companies. This was announced by Metal Bulletin,…
Economy
Tehran Stock Exchange’s main index TEDPIX gained 120.40 points or 0.16% to close Wednesday trade at 76,413.3. Oil, steel and copper companies as well as banks were the main driving force behind…
Economy
Hygiene is a major concern for people and any investment in the sector can help forge a profitable enterprise.
The production of different kinds of gloves, the use of which is on the…
Economy
About 100 companies in the sector have gone out of business amid low demand for domestic products, the head of Home Appliances Manufacturers Union said. “Also more than 500 major firms active in…
Economy
The International Festival of Leaders in Packaging Industry is due to be held at Tehran’s International Fairground from May 30-June 2. The event will cover a wide range of areas, including…
Economy
Minister of Cooperatives, Labor and Social Affairs Ali Rabiei has called on Singapore to help Iran meet its growing need for hotels and hospitals, as it has turned into a major destination for…
Economy
Afghan President Ashraf Ghani has confirmed that the trilateral Indo-Iranian-Afghan pact for the development of Chabahar Port in the south of Iran will be signed during his and Indian Prime…
Economy
The Health Ministry has authorized domestic production of transgenic cotton in the current Iranian year (March 2016-17), announced the chairman of Biosafety Society of Iran.
Behzad…
Economy
Iran and Algeria have signed a series of memoranda of understanding for joint ventures in the auto sector with the goal of production in the North African country, besides agreements on geological…
Economy
Iran and Azerbaijan surveyed ways of enhancing bilateral cooperation in the agriculture sector during a meeting between Iranian Agriculture Minister Mahmoud Hojjati and Azeri Economy Minister…
Economy
Capital Intelligence Ratings said Wednesday that it has affirmed Saman Bank’s Long- and Short-Term Foreign Currency Ratings (FCR) of ‘B’. At the same time, the Outlook on the Bank’s Long-Term FCR…
Economy
Financing small and medium enterprises and unifying foreign exchange rates top the central bank’s agenda for the fiscal year that started in March, the governor of the Central Bank of Iran said in…
Economy
The Export Guarantee Fund of Iran is now a member of the Berne Union, realizing a long-time pursuit of the country's main export credit agency. The move was made possible after Berne Union and the…
Economy
Minister of Economy Ali Tayyebnia, and his Indonesian counterpart Bambang Brodjonegoro called for effective banking ties among the two nations to boost bilateral commercial relations.…
Economy
Auto production of the Chinese-derived H220 started at Iran's second largest carmaker SAIPA Group earlier this Iranian month (started April 20), according to reports from several automotive…
Economy
SAIPA, Iran’s second largest carmaker, has announced that interested parties can now purchase their latest small sedan, Saina, on a national e-commerce website called Iranecar.com.
Economy
Hyundai Motor is likely to resume knockdown exports to Iran of its Mighty medium-duty trucks, as the automaker is undergoing the legal review of a deal to export auto parts to SDM, a local company…
Economy
Mitsubishi Motors Corp. President Testuro Aikawa said Wednesday that he will step down to take responsibility for the mileage cheating scandal unfolding at the Japanese automaker.
Economy
Suzuki shares dived 15% on Wednesday over reports that it may have used improper fuel-efficiency testing methods, as rival Japanese automaker Mitsubishi wrestles with a fuel-economy cheating…
Economy
The First Deputy Managing Director of the IMF David Lipton said in Tehran Tuesday that the opportunity for Iran to deepen integration into the global economy is coming. He added that development…
Economy
The government is expected to buy an estimated 9.5 million tons of wheat from local farmers in the current Iranian year (March 2016-17), a deputy agriculture minister said. “This would make the…
Economy
Swedish firm Pomegranate Investment AB plans to launch the first initial public offering to raise capital for investments in Iran since western sanctions on Tehran were lifted.
Economy
At present over 100 producers of tissues are active in Iran.
Fereydoun Dehkhargani, an official with Iran Cellulose Products Manufacturers of Iran, added that some of these units have more…
Economy
Members of Rice Exporters Association of Pakistan say they are going to open offices in Tehran and Mashhad to increase exports to Iran.
Pakistan, which used to be the top rice exporter to…
Economy
