Representatives from 43 Iranian and 50 Russian companies active in the fields of commerce and food production are scheduled to meet today in Moscow to discuss expansion of bilateral cooperation,…
Economy
Bank Melli Iran is planning to offer foreign visitors prepaid cards connected to Shetab– the domestic interbank transaction network– allowing them to make their payments in local currency during…
Amid feverish debate surrounding Iran’s future relationship with the Financial Action Task Force (FATF), more government officials and private sector leaders are speaking strongly in favor of Iran…
The Export Development Bank of Iran has opened credit lines for subsidiaries of Bank Melli Iran in Russia and Bank Mellat’s subsidiary in Armenia worth $15 million. Ali Saleh Abadi, the CEO of…
In a sign of progress towards a free trade agreement between Iran and Pakistan, Iranian authorities have approved the initial draft shared by Pakistan and returned it with their input, paving the…
Political power follows economic power. The statement seems to be the very essence of an opinion piece published by Iranian economist Saeed Leylaz on the website of Tehran Chamber of Commerce,…
The Cabinet has suspended discounts on import tariffs for 69 goods. Fifty-one items on the list were suggested by the Ministry of Industries, Mines and Trade, while the remaining 18 were specified…
Iran exported 776,200 tons of non-oil goods worth $50 million to Kuwait during the first four months of the current Iranian year (March 20-July 21), registering a 32% decline in value compared…
Iran’s flour-milling industry needs to import 1 million tons of high-quality wheat by April to supply domestic bread and confectionery producers, the Federation of Iranian Food-Industry…
Three international exhibitions opened in Tehran’s International Permanent Fairground on Tuesday. The 15th edition of Iran International Confectionery Fair was inaugurated by Deputy…
Majlis Health Commission has proposed levying a 70% tax on the income of high-earning physicians.
“This is yet another example of hasty decisions made through a mechanical approach to…
Russia’s Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) and Iran Veterinary Organization have agreed on requirements that need to be met before Russia exports…
Isfahan Steel Company will start the mass production of rails in a few days to meet the growing need of ongoing railroad projects across the country.
“The manufacturing line is ready. We…
Iran is planning to construct 700 kilometers of suburban railroads, according to CEO of Islamic Republic of Iran Railways, Mohsen Pourseyyed Aqaei. “The cities of Tehran and Ahvaz are top…
Samsung Electronics said a remote deactivation is not happening or something that the company has stated.
This followed reports that Samsung will switch off faulty Galaxy Note 7 phones to…
An Iranian tech official called on civilians and the private sector to collaborate with the state in establishing cybersecurity.
Abolhassan Firouzabadi, the head of Iran’s High Council of…
Iran’s Telecommunications Infrastructure Company has signed a memorandum of understanding with Deutscher Commercial Internet Exchange (German Commercial Internet Exchange or DE-CIX).
DE-CIX…
An indigenous URL shortener service has been launched called Edo.ir. The online application converts a regular URL (the web address that starts with http://) into its condensed format. The…
Nomadic hand-woven exports, including carpet, rug, tapestry and drapery, from Fars Province in southern Iran during the first four months of the current Iranian year (March 20-July 21, 2016) stood…
The SPACE livestock expo in Rennes, western France, is hoping to open new markets for participants.
Organizers have made special efforts to woo potential customers from emerging markets…
Iran imported 351 ambulances worth $26.74 million from Germany in the first five months of the current Iranian year (March 20-August 21), the Persian daily Asia reported, citing the Islamic…
Domestic canned olive production is expected to decline by 30-40% in the current Iranian year (March 2016-17), due to the cold spell experienced at the beginning of the year, according to Iran…
Some 4,000 Iranian companies are doing business in Georgia, says Iran’s Ambassador to the Eurasian country, Abbas Talebifar. “Most of these companies have invested in the agriculture sector,” the…
Iran exported 493 million tons of non-oil goods worth $33.8 million to Qatar during the first four months of the current Iranian year (March 20-July 21), registering a 33.5% drop in value compared…
Shiraz International Airport is in talks with Austria to establish directs flights between the capital of southern Fars Province and Austria.
“We’re in talks with international airline…

