Economy

Iranian companies are now getting in on the so-called ‘influencer marketing’ with positive results, according to sources in the marketing sector.

Bank Maskan, as the agent bank in the housing sector, is now offering loans for renovation of residential units in old parts of cities with an interest rate of 12% which, according to a top…

In line with making up for lost time during the sanctions era and complying with banking standards, the Central Bank of Iran has been striving to conform to Islamic Financial Services Board…

Middle East Bank is set to open its Munich branch in the German state of Bavaria by the end of September, a board member of the bank announced. “The inauguration of the branch was supposed to be…

Minister of Economic Affairs and Finance Ali Tayyebnia met with Chairman of the Chinese National Development and Reform Commission He Lifeng in Tehran to discuss various dimensions of Iran-China…

Tehran Stock Exchange’s main index lost 98.40 points or 0.12% to end Monday trade at 81,285.7.

About 640 million shares valued at $43.52 million changed hands for the day.

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Steel trade in Iran is picking up after a long period of subdued demand and activity. In fact, demand has doubled or tripled for certain products, exceeding supply and boosting trade to the 200,…

The Swedish-Iranian Chamber of Trade and Commerce is organizing the First Nordic Iranian Business Summit and Expo in Stockholm.

The summit is scheduled for November 20-21, 2017, and the…

When Iran and the West reached a deal in 2015 to finally resolve a dispute over Iran’s nuclear program and lift the crippling economic sanctions, Iran was off to a good start. But perhaps…

Two new iron ore processing plants are scheduled to come on stream in Sangan mineral zone in the next two months, says manager of Sangan Iron Ore Complex, Morteza Hashempour. The first is a 5-…

Sapra Motor, a newly launched auto dealership and distributer of Opel in Iran, has started the presale of the Mokka X 2017 in cash and three-step prepayment. The company is offering two versions…

The joint venture between Iran’s biggest domestic automaker Iran Khodro and France’s Peugeot, known as IKAP, is set to import the large Peugeot 3008 SUV by the end of the current fiscal (ending…

The International Automobile, Spare Parts and Related Industries Exhibition opened in the city of Mashhad in Khorasan Razavi Province this week.

A large number of local and foreign…

Europe’s first-half vehicle sales rose by 4.6%, defying predictions that the market would be nearly flat, pushing monthly volumes to the highest level since June 2007, the pre-recession high…

BMW is hedging its bets on the future by planning combustion, hybrid and electric versions of its core nameplates—with all three varieties capable of coming from the same assembly line.

More than 58.2 tons of saffron worth $78.58 million were exported to 50 countries during the first four months of the current fiscal year (March 21-July 22), registering a 25.3% and 22.9% growth…

Some 4.99 million tons of potatoes are expected to be produced in the current fiscal year (March 2017-18) on close to 146,200 hectares of land in Iran, an official with the Agriculture Ministry…

A study conducted for clarifying the connection between pay and higher education in Iran reveals that surprisingly people with university degrees have lower chances of landing jobs compared with…

More than $33.45 million worth of commodities were exported from Iran’s southwestern Chaharmahal-Bakhtiari Province during the four months to July 22, indicating a 9% rise compared to last year’…

Close to 2,330 tons of shampoo worth more than 140 billion rials ($4.33 million) were exported from Iran during the first four months of the current fiscal year (March 21-July 22), the Islamic…

With the key promise of unifying the country's dual exchange rates lying dormant during President Hassan Rouhani's first term in office–despite frequent pledges to do so–the Central Bank of Iran…

Iran’s First Vice President Es’haq Jahangiri met with the speaker of the parliament of the Republic of Cyprus and called on the eastern Mediterranean nation to expand its banking ties with Iran…

In the wake of reports alleging disagreements between the Central Bank of Iran and the Economy Ministry regarding the format of banks and credit institutions’ financial statements, the head of…

Iranian rial gained against almost all other currencies in Tehran exchange market on Sunday one day after President Hassan Rouhani officially took the oath of office to begin his second term.…

Tehran Stock Exchange’s main index gained 118.20 points or 0.15% to end Sunday trade at 81,384.1.

About 565 million shares valued at $43.46 million changed hands for the day.

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