The head of the German banking association said on Friday, that restoring German banks’ financial ties with Iran will take time given debt owed to Berlin and transparency concerns,
Iran…
Economy
Economy
Iranians will soon team up with prominent international brands to form joint ventures for the production of home appliances, says a member of Home Appliances Manufacturers Union, Mohammad Hassan…
Economy
The goods and services Consumer Price Index for rural areas in the 12-month period ending April 19, which marks the end of the Iranian month of Farvardin, increased 10.1% compared with last year…
Economy
Iran and Turkey will jointly invest in four industrial towns for the production of apparel, leather, gold and jewelry, auto parts and decorative stones. Two of the industrial towns are…
Economy
The UK Prime Minister’s Trade Envoy to Iran Lord Lamont, accompanied by Britain’s charge de affairs, Nicholas Hopton, met with the head of Tehran Chamber of Commerce, Industries, Mines and…
Economy
Iran is undeniably a force to reckon with in the mining sector. The country is home to over 68 minerals, with more than 37 billion tons of proven and 57 billion tons of potential reserves.
Economy
Tehran Stock Exchange’s all-share index TEDPIX inched up 9.90 points or 0.01% to close Saturday trade at 78,414.6, as gains made by mining companies and automakers were cancelled out by the loss…
Economy
Iranian aluminum producers annually manufacture about 350,000 tons of aluminum ingots, said deputy minister of industries, mining and trade, Mehdi Karbasian, on Saturday. Describing the current…
Economy
Latest auto manufacturing reports show car production has risen in some local factories and fallen in others.
In the month ending March 19, production of passenger cars grew by 31.9% at…
Economy
Mitsubishi Motors Corporation's market value and Japanese orders have halved since it admitted last week to rigging fuel economy tests.
However, with more than $4 billion in cash and low…
Economy
Peugeot unveiled the new 308 sedan and face-lifted 3008 crossover at the Beijing Motor Show, in conjunction with its local manufacturing partner, Dongfeng.
The 308 sedan will compete in…
Economy
Using the words “unsupervised wannabe”, Volvo’s Trent Victor says the Tesla Autopilot is “giving the impression it’s doing more than it is”. In an interview with The Verge, Victor said Tesla…
Economy
Iran’s senior to Russia says Tehran expects major financial institutions in that country to start cooperating soon with their Iranian peers.
Ambassador Mehdi Sanaei believes Tehran and…
Economy
Deputy minister of Industries, Mining and Trade Ali Yazdani, accompanied by a delegation of the ministry officials and heads of Iranian industrial parks, arrived in Anakara on Thursday, visited…
Economy
Two months after the visit of Swiss President Johann Schneider-Ammann to Iran, a high-ranking delegation from the European country, led by Pierre Maudet, Geneva’s councilor in charge of security…
Economy
With Russia and Turkey further drifting apart, an opportunity has emerged for Iranian businesses to fill in the space left vacant by Turkish traders and meet Russia’s various demands.
Over…
Economy
Italian companies are planning to build a stronger presence in Iran by setting up joint ventures with Tehran Garment Union, says the chairman of the National Textiles and Fashion Association…
Economy
Taking advantage of cheap gas-generated electricity in the Persian Gulf region, India’s National Aluminum Company plans to go for toll-smelting soon with three Iranian companies to produce…
Economy
Tehran Stock Exchange’s all-share index TEDPIX gained 135 points or 0.17% during the week that ended April 27 to close at 78,404.
According to TSE data, more than 5.7 billion shares valued…
Economy
The Securities and Exchange Organization of Iran is holding the Eighth International Course on Islamic Capital Markets from May 2-4. The event will be attended by high-caliber Islamic and economic…
Economy
The International Monetary Fund (IMF) has reported a significant rise in Iran’s foreign exchange reserve.
In its latest World Economic Outlook report, the IMF said the Iranian reserves rose…
Economy
Central Bank of Iran’s latest statistics, published on Thursday indicate that liquidity stood at 9.75 quadrillion rials ($321.9 billion) by the end of the month ending February 19, marking a year-…
Economy
Britain's biggest banks are to set up a high-level panel to navigate the removal of western sanctions against Iran amid continuing US opposition to some foreign economic engagement with Tehran.…
Economy
One of the signs of a competitive and market-based economy is that interest rates are determined by markets and correspond to profit levels in the markets. However, in developing countries like…
Economy
The distribution of banned foreign fruits has not yet come to a halt despite strict regulations, which are widely available across the country, the head of Iran’s Union of Fruit and Vegetable…
Economy
