The Central Bank of Iran has announced plans to unify multiple bank accounts held by individuals or entities, a senior official with the bank announced.
Economy
Economy
All tranches of frozen assets to be transferred to Iran related to the Geneva Interim Agreement on Iran’s nuclear program have been received, said Hussein Yaqoubi, director of Central Bank of Iran…
Economy
The copper industry is currently the most profitable sector to capitalize on compared to other base metals, says an official with the National Iranian Copper Industries Company, calling it a haven…
Economy
On the shores of the Caspian Sea, an ambitious project is underway to produce a pricey delicacy that could boost Iran’s economy as sanctions ease: caviar.
Economy
The government plans to exempt all mines across the country from 10% of their dues in mining royalty, says Deputy Minister of Industries, Mining and Trade Ali Asghar Tofiq. According to the…
Economy
The Iranian government is raising 180 trillion rials ($5 billion at market exchange rate) by selling Ejareh Islamic bonds, says deputy economy minister and the country's treasurer, Seyyed…
Economy
Tehran Stock Exchange’s benchmark gained 129 points or 0.21% during the week that ended November 11, compared to the previous trading week to settle at 63,056.
Economy
South Africa and Iran have signed a number of deals that will see them cooperate in various fields, among them trade and mineral processing.
The deals were signed during Deputy President…
Economy
Italian Prime Minister Matteo Renzi will show off the glory of Rome to Iranian President Hassan Rouhani as he seeks to spearhead a conquest of his own: a huge share of new business in the Islamic…
Economy
Iranian President Hassan Rouhani said Iran will probably sign a deal to buy Airbus aircraft during his visit to France starting Monday. “We already use Airbus or Boeing planes today,” Rouhani said…
Economy
The SMEs Guarantee Fund has increased its capital to 1.25 trillion rials ($35.4 million at market exchange rate) from a previous 500 billion ($14.1 million), IRNA quoted chief executive Ali Ta’…
Economy
The lifting of sanctions imposed by the West over Iran’s nuclear energy program will not affect Iran’s trade relations with China, says head of Iran-China Chamber of Commerce, Asadollah Asgaroladi…
Economy
Technicians specialized in installing and repairing mobile phones and tablets, household appliances, air conditioning units and home entertainment devices will be testing their skills in an…
Economy
One of the most widely used technologies on the planet is getting a major upgrade in the coming year.
On Wednesday, the Bluetooth Special Interest Group announced several enhancements to…
Economy
Iran’s Minister of Communications and Information Technology Mahmoud Vaezi said developments in the Middle East and the regional convergence of Iran and Russia can help expand bilateral…
Economy
Online marketplace Amazon Inc. made its debut on the 2015 Thomson Reuters Top 100 global innovators list, leaving International Business Machines Corp, the world’s largest technology services…
Economy
Iran is planning to enter the African banking sector, a move intended to mitigate the risks of investment in that continent, the Trade Promotion Organization of Iran said on Tuesday.
Economy
The ban on fruit imports is still in place, says the deputy minister of agriculture for horticultural affairs, calling on executive bodies to take action against illegal fruit imports since his…
Economy
Iran and Armenia are at full throttle to lift their economic ties.
Economy
Some 5,400 tons of tilapia worth $24.5 million were imported during the seven-month period ending October 22, indicating a 700-ton rise compared to last year’s corresponding period, latest figures…
Economy
Iran’s cooperatives sector exported $1.3 billion worth of goods in the last Iranian year (ended March 20, 2015), said deputy minister of cooperatives, labor and social affairs, Hamid Kalantari, on…
Economy
Iran is ready to embark on joint ventures with Tunisia in the fields of automotive, cement, electronics and textile, said Iranian Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh…
Economy
The newly initiated 600 million rial ($ 20,000) housing loan will be ratified by the Central Bank of Iran next week said Mohammad Hashem Botshekan, CEO of Bank Maskan, according to the…
Economy
The final decision on further interest rate cuts will be announced by the Money and Credit Council at its next meeting by the end of the month, said Valiollah Seif, governor of the Central Bank of…
Economy
The minister of communication and information technology, who is in Moscow for the 12th meeting of the Iran-Russia joint economic commission, has called for the use of national currencies in two-…
Economy
