Economy

France opened a business development office in Tehran on Monday seeking to renew once-strong economic ties with Iran after the July 14 nuclear deal in the face of "fierce competition".

India’s Steel Ministry on Monday asked the country’s steelmakers to “actively consider” setting up plants in Iran saying the Islamic Republic has assured to provide all assistance to them in this…

The big Iran story is no longer congressional sniping at the deal worked out by the United Nations Security Council to monitor Iran’s civilian enrichment of uranium for reactor fuel. It is the…

Tehran Stock Exchange snapped out of its dramatic recession on Tuesday when TEDPIX gained 248.80 points or 0.41% to reach 61.576.8.

Swiss Ambassador in Tehran Julio Haus met with head of Iran Mercantile Exchange Hamed Soltaninejad on Monday to discuss post-sanctions’ opportunities for expanding economic ties between Iran and…

Iran Mercantile Exchange featured close to 62,000 tons of commodities offered by nine local suppliers on the export trading floor on Tuesday.

Growth in the number of people with access to Internet is slowing and more than half the world's population is still offline, the United Nations Broadband Commission said on Monday.

…

Secretary-General of Iran Nanotechnology Initiative Council (INIC) has announced holding Iran’s National Day of Nanotechnology in China within a month for increasing cooperation.

Mobile phone imports in Iran have fallen by 17% during the first five months of the current Iranian year (started March 21), according to statistics released by Iran Customs Administration.

The Post Company of Iran, which has been tasked with setting up a national email system, has announced users can access their personal email accounts via cellphones.

Iran and France signed an MoU on expansion of agricultural cooperation.

Turkey imports Iran’s unprocessed decorative stones and reexports them under its own brands, said the head of Mining Engineering Organization. According to the official, Iran possesses significant…

Mazandaran is Iran’s second biggest mineral-rich province, said chairman of Mazandaran Association of House of Industries, Mining and Trade, Mohammad Naeiji, adding that the province’s mines have…

Iran’s flower exports have failed to live up to its potential, says head of Flower Producers Association. “Although Iran ranks 17th in global flower production, it ranks 107th in exports,”…

Many industrialized nations are switching to the affordable and clean solar energy, but what is the share of Iran in view of its high level of insolation, thanks to its geographical location?

At a meeting between the parliamentary deputy minister for foreign affairs of Japan, Kentaro Sonoura, and Iran’s deputy minister of economic affairs and finance, Mohammad Khazaei, in Tehran on…

Managing director of Iran Aseman Airlines has announced that two Boeing 737-400 are being made ready to enter the country’s air fleet. “All conditions and regulations of Iran’s Civil Aviation…

Applicants who deposit money in special housing funds will also be able to pre-purchase residential units, which is the main function of loans offered to first-time buyers, says a senior banking…

Central Bank of Iran has warned unauthorized financial and credit institutions against inflated certificate of deposit in exchange for property. Some unauthorized credit institutions offer higher…

Bank Melli Iran is offering loans to its current accounts holders and POS terminal users. BMI customers can take out loans approximately five times their average daily account balance, the bank’s…

Head of the Environment Committee of Tehran City Council has criticized banks’ increased investment in major building projects in the sprawling capital and warned against environmental degradation…

If the recent saga of woes crashing upon banks has had any hidden benefit for them, it should be the lessons they were taught in fair lending. After banks splurged the better portion of their…

Bank Mellat is willing to enhance cooperation with the oil and gas sectors, the bank’s CEO said.

Bank Mellat and the National Iranian Oil Company finalized a contract for the Kangan oil and…

In preparation for Iran’s economic momentum expected after the lifting of western sanctions in 2016, many foreign companies are heading to Tehran in search of lucrative business opportunities.

In the latest complication facing the much-hyped proposal to create a real-estate bourse, a senior government adviser argued that the heterogeneous nature of the housing market would restrict the…