Iran’s first-ever lactic butter production line with a production capacity of 7,000 tons a year was launched in Tehran on Thursday. More than $15 million have been invested in the project, Mehr…
Economy
Economy
The second round of negotiations between Pakistan and Iran on a free trade agreement will be held in July to discuss ways of enhancing trade volume, Pakistan’s largest English-language newspaper…
Economy
Port equipment, including two super cranes, purchased for Phase 2 of Shahid Rajaee Port has been loaded in a European country and will arrive at the major Iranian port, located in the southern…
Economy
Iranian stocks did not have much going for them during the past week, as the nation was transfixed on the presidential vote slated for May 19.
Tehran Stock Exchange’s main index gained just…
Economy
Iran voted on Friday in an election, the result of which will decide the direction of an economy still recovering from years of crippling sanctions—a state of affairs revealed in the charts below…
Economy
Bank Mellat has obtained the license to reopen its branch in Seoul, South Korea, the bank’s CEO announced.
Economy
The ratio of Iranian banks' non-performing loans to total loans stood at 10% after four years of President Hassan Rouhani's tenure, said the Central Bank of Iran's governor.
Economy
Iran Insurance Company has insured the four newly-purchased Iran Air turboprop airplanes, IIC’s website announced. According to the contract signed by Iran Air and IIC, the brand new airplanes…
Economy
Governor of the Central Bank of Iran has dismissed claims that Friday's presidential election would trigger fluctuations in the foreign exchange market, reassuring the public that all is calm in…
Economy
Euromoney's best bank transformation award for 2017 has gone to Iranian private lender Ayandeh after successfully accomplishing a merger of troubled banks to become one of Iran’s biggest…
Economy
In February 2016, Helga Kern boarded a plane to Iran, registered with the depository to trade stocks and within weeks opened a broker account and started buying shares, all with the aim of…
Economy
The Central Securities Depository of Iran issued 16,000 new trading codes for investors during the first month of the current Iranian year (ended April 20). According to Securities and Exchange…
Economy
The Second Exhibition of Dental Materials and Instruments and 57th International Exhibition and Congress of Iranian Dental Association, also known as EXCIDA 57, were held at Tehran’s Permanent…
Economy
Buying activity in the Iranian flat steel import market slowed over the past week, with suppliers unwilling to pass on price rises to customers, sources told Metal Bulletin on Wednesday.
Economy
Iran Fara Bourse has joined the executive board of the Federation of Euro-Asian Stock Exchanges.
Its membership was decided at the 23rd FEAS meeting held in Tehran on Tuesday.
…
Economy
Iran’s Shadegan Steel Company started hot commissioning of a new direct reduced iron module on Sunday, the country’s state mines and metals holding company IMIDRO said on Thursday.
“…
Economy
Twitter is banned in China. Instead, the country uses a platform called Weibo. Now, Weibo has more users than Twitter.
Backed by Tencent, Weibo says it’s garnered 340 million monthly active…
Economy
Google celebrated the milestone of two million active Android devices across the world by announcing Android Go, a new platform that will help the tech giant to launch cheap smartphones for…
Economy
The 14th international ASIALICS conference will be held in Tehran, August 30-31, at Shahid Beheshti University, where scientific exploration and technological development will be key areas of…
Economy
A locally developed antivirus and anti-malware patch is now able to counter the WannaCry ransomware attacks, its programmers say.
Economy
Iran and Russia have integrated their bank card systems, allowing their citizens to use the cards in each other's country from late August, the Central Bank of Iran announced.
Economy
Customers of the now-dissolved Fereshtegan Credit Institution will be gradually reimbursed by Caspian Credit Institution, the Central Bank of Iran announced. Depositors with a maximum 100…
Economy
Export Guarantee Fund of Iran signed an agreement with Finland’s state-owned export credit agency, Finnvera, on the sidelines of the Berne Union Spring Meeting in Copenhagen.
Economy
Foreign minister Mohammad Javad Zarif emphasized the removal of banking issues between Iran and India during his meeting with Indian Foreign Secretary Subrahmanyam Jaishankar on Tuesday.
…
Economy
The first major step to implement much-needed reforms in the Iranian banking sector is to be taken by the government in summer when it submits the Banking Reform Bill to the Parliament, the…
Economy
