Iran exported 11,077 tons of raisins worth $12.77 million during the first four months of the current fiscal year (March 21-July 22), latest data released by the Islamic Republic of Iran Customs…
Economy
German engineering conglomerate Siemens has announced it is drastically scaling back its business operations in Iran. It’s yet another German company to cave in after the United States reimposed…
Iran and Armenia signed a memorandum of understanding last week on joint production of agricultural machinery, Iran’s commercial attaché to Armenia, Mohsen Rahimi, said.
The agreement…
US-sanctioned Iran is interested in doing business with Russia’s Crimea, according to authorities from the Russian region that is also facing sanctions from Washington and Brussels.
The…
Iraq’s economy is so closely linked to Iran’s that Baghdad intends to ask Washington for permission to ignore some US sanctions on its neighbor, Iraqi government and central bank officials said…
Iran traded 1.30 million tons of non-oil commodities worth $108.92 million with Kuwait during the first four months of the current Iranian fiscal year (March 21-July 22), registering an 89.95%…
The draft of the document on the national Cryptocurrency has been prepared at the behest of President Hassan Rouhani, an official at the National Cyberspace Center said. Saeed Mahdiyoun also…
Two top American financial institutions would not commit to cutting Iranian access to international financial markets, a cornerstone of the new anti-Iran sanctions of US President Donald Trump's…
Latest figures from transactions conducted in the Central Bank of Iran's online system for foreign currency deals as well as those handled by exchange shops show that both payment orders and…
The Central Bank of Iran on Saturday notified a directive to the banking system, which sets foreign currency deposit interest rates and doubles down on the previous promise of guaranteed returns…
A total od 115,647 domestic and international flights were carried out via Iranian airports in the first quarter of the current fiscal year (March 21-June 21), AviationPros.com cited Iran…
The decision of European airliners to halt flights to the Iranian capital Tehran in September has paved the way for Turkish carriers to increase their fights.
Tehran Stock Exchange’s main index lost 567.23 points or 0.41% on Saturday to end trading at 136,343.4.
About 1.45 billion shares valued at $51.6 million changed hands at TSE for the day…
New amendments were introduced into Clause V of the government’s new foreign currency policy on imports during a Cabinet meeting held last week.
An association has been formed “for building a culture of negotiation among 45 Iranian holdings and improving their synergy and bargaining prowess at the national level”, chairman of the newly-…
High cost of living, residents’ inability to save money, frantic pace of inflation and the ever-rising population of people living in poor neighborhoods are some of the hardships people living…
Iranian carmakers and parts manufacturers shut down their production lines for their customary one-week summer holiday on Saturday. According to ISNA, makers usually overhaul their production…
Tesla Inc CEO Elon Musk said late on Friday he would heed shareholder concerns and no longer pursue a $72 billion deal to take his US electric car maker private, abandoning an idea that had…
Iran exported 28,428 tons of kiwis worth $15.75 million during the first four months of the current fiscal year (March 21-July 22), latest data released by the Islamic Republic of Iran Customs…
British Airways and Air France said on Thursday they will halt flights to Iran from September for business reasons, months after US President Donald Trump announced he would reimpose sanctions…
Alphabet Inc’s Google said on Thursday it had identified and terminated 39 YouTube channels linked to state-run Islamic Republic of Iran Broadcasting.
The export price index stood at 552.2 for the fourth month of the current fiscal year (June 22-July 22), registering a 24.6% increase compared with the preceding month and a 130.6% rise compared…
South Korea’s leading tobacco seller KT&G is watching the Iran market where sales of its brands were slowing down this year after US reimposed sanctions against the Middle East nation,…
The goods and services Consumer Price Index in the 12-month period ending Aug. 22, which marks the end of the Iranian month of Mordad, increased by 9.7% compared with last year’s corresponding…
Iran traded 194,214 tons of non-oil commodities worth $113.77 million with Turkmenistan during the first four months of the current fiscal year (March 21-July 22). This marks a 41.07% and 19.99…
