Bank Melli Iran’s foreign exchange trading services, which include opening lines of credit and processing foreign exchange remittances for importing commodities, have registered respective year-…
Economy
- Economy
Iran and Italy have held extensive negotiations since the nuclear accord was implemented in 2016 for the European nation to extend a major credit line to Iran and it seems that the wait may…
EconomyIran’s stock market remained unfazed by US President Donald Trump’s Friday evening anti-Iran remarks and saw remarkable growth the next day.
Tehran Stock Exchange’s main index gained 519…
EconomyIran’s two major coal companies produced 303,440 tons of coal concentrates in the five months since the beginning of the current fiscal year (March 21-Aug. 22), recording a 36% growth compared…
EconomyChina’s Great Wall Motor Co Ltd on Friday said it was in talks with BMW to cooperate on vehicles including those the German firm produces under the Mini brand, and that the pair have not yet…
EconomyThe Trump administration’s push to change the automobile rules in the North America Free Trade Agreement will lead to higher costs on manufacturers and could put jobs at risk, according to…
EconomyThe government of President Hassan Rouhani has put an end to the auto scrappage scheme. The plan was announced less than a month ago.
According to a controversial government directive,…
EconomyA top official at Iran's state oil company on Saturday sought to ensure that the country's key petroleum industry will not be rattled by US President Donald Trump's decision to decertify Tehran'…
EconomyIn line with Central Bank of Iran’s policy of ditching the US dollar in favor of the euro, Iran’s ambassador to Colombo has called on Sri Lankan banks to trade with Iran in the European Union’s…
EconomyThe Informatics Services Corporation, a leading developer of banking and payment solutions affiliated with the Central Bank of Iran, has signed a deal with Russia's BPC to develop a national…
EconomyAfter the implementation of the historic international deal on Iran’s nuclear program in 2015, the country has managed to attract $14 billion worth of foreign investments, the head of the…
EconomyIran is interested in the import of Belarusian beef, Belarus’ Deputy Agriculture and Food Minister Igor Brylo said at the Fourth All-Belarusian Forum of Livestock Producers.
“We…
EconomyIran Airports Company registered 42,648 takeoffs and landings during the Iranian month ending Sept. 22, showing a 5% rise compared with last year’s corresponding period.
About 5.6…
EconomyIran’s import prices for hot-rolled coil cooled down over the week that ended on Oct. 11, in line with the downtrend in the major global markets.
Metal Bulletin’s price assessment for…
EconomyKorea Airports Corp., the operator of South Korean airports and supplier of airport equipment, said on Thursday it signed an agency contract with an Iranian company.
The airport operator…
EconomyIran’s Minister of Economic Affairs and Finance Masoud Karbasian will visit Azerbaijan on Oct.
EconomyThe first freight trains will operate on the Astara (Azerbaijan)-Astara (Iran) railroad section in late November 2017, the chairman of Azerbaijan Railways CJSC said.
The two eponymous…
EconomyAs Washington gets ready for US President Donald Trump to throw the first stone to kill the Iran nuclear deal, Iranians are trying to preserve their hard-won gains from the agreement.
EconomyThe launch of the 1.5-million-ton/year expanded Saba Steel Plant and affiliated hot-rolled coil units in Isfahan Province has helped Iran’s largest steel producer Mobarakeh Steel Company…
EconomyMovements on all fronts, be they social, political or economic, move stocks one way or another, ranging from slight tremors to shockwaves based on the development’s magnitude.
EconomyThe 18th International Exhibition of Telecommunications -- Iran Telecom 2017 – will open on Oct. 16. To be held at Tehran’s Permanent Fairgrounds, the four-day event is sponsored by the Telecoms…
EconomyTelecom Minister Mohammad Javad Azari Jahromi conferred with his Armenian counterpart Vahan Martirosyan on the expansion of mutual ties.
The talks were held on the sidelines of a state…
EconomyThe Vice Presidency for Science and Technology has established a new task force called ‘ICT Committee’ to promote investment in information technology companies.
EconomyA major flaw has been detected in the newly-unveiled Google Home Mini speaker that allows it to secretly record conversations without users knowing.
EconomyIranian Economy Minister, Masoud Karbasian along with the Governor of the Central Bank of Iran Valiollah Seif left Iran on Wednesday to take part in the autumn meetings of the International…
Economy

