Bank Sepah’s branch in Rome has obtained permit from the Bank of Italy for offering all banking services including issuing letters of credit, issuing guarantees in foreign exchange and transacting…
Economy
Bank Maskan, specializing housing mortgage, has lowered its fees for issuing repayment guarantees for installment sale contracts from 5% to 2.3%, according to the bank CEO, Mohammad Hashem…
Iran Insurance Company has sent a group of experts to Mahshahr Port in south Iran to determine losses caused by the massive blaze in Bou Ali Sina Petrochemical Complex. IIC is the agent insurance…
President Hassan Rouhani on Tuesday said new regulations related to the salaries of top officials and executives, obliging all government and affiliated bodies to disclose the salaries of their…
Head of the Majlis Research Center has called for expanding ties with the Central Bank of Iran, which he said “would help maximize the efficiency of regulations.”
Iranian steel producers are expected to export close to 5.8 million tons of steel by the end of the current Iranian year (March 2017), says Rasoul Khalifeh-Soltani, the head of Iran Steel…
Since the beginning of the harvest season in late March, about 5.6 million tons of wheat worth some 71,000 billion rials ($2.04 billion at current market exchange rate) have been purchased from…
Close to 2.2 million licensed sales outlets are active across the country, according to the Statistical Center of Iran.
Grocery stores, real-estate agencies and hair salons are the most…
More than 150,000 tons of coal concentrate were produced in the first three months of the current Iranian year (March 20, 2016-17), indicating a 54% increase compared to last year’s corresponding…
Tehran Stock Exchange’s benchmark index gained 109 points or 0.15% in the last trading week that ended on July 6 to close at 74,049.
Wednesday was a public holiday and the TSE is closed on…
A survey of 10 economists and representatives of Iran’s private sector economy shows they are against raising tax rates as a way to supplant the government’s receding oil revenues.
Recent explorations carried out by Iran Mines and Mining Industries Development and Renovation Organization in Zarshouran Gold Mine have increased the mine’s proven reserves from 80 to 108 tons,…
A South Korean identification card solution company has bagged a deal to supply electronic ID cards to Iran. SME Networks will supply 60 million chips for electronic ID cards to the Iranian…
Iran’s employment market is gradually distancing itself from patriarchy, says deputy minister of cooperatives, labor and social affairs, Isa Mansouri, citing the decrease in women’s unemployment…
Bulgarian Prime Minister Boyko Borisov is scheduled to visit Iran at the head of a trade delegation from July 11 to 12, the Sofia-based news agency Novinite reported, citing Economy Minister…
An Iranian trade delegation led by the deputy head of Iran’s Chamber of Commerce, Mines, Industries and Agriculture, Gholamhossein Shafeie, is scheduled to visit Germany from July 12 to 14.
The Republican-led US House of Representatives has approved measures aimed at blocking US companies from selling commercial passenger aircraft to Tehran.
However, the move is expected to be…
In what system has Iran’s economy become entangled in that it has failed to live up to expectations despite the abundance of economic resources and the availability of skilled human resources?
Iran has announced its intention to join the research program of the International Thermonuclear Experimental Reactor based in France, the head of Atomic Energy Organization of Iran announced.…
Samsung’s overall profits have jumped by 17% year–on–year, with the company making $7 billion between April and June. The huge improvement is believed to be down to its Galaxy S7 and Galaxy S7…
RoostaKala, an Iranian startup that enables villagers to bypass middlemen and sell their products directly to consumers, has been launched online.
A group of benefactors from different…
Iranian scientists have produced nanocomposite superabsorbent materials with the capability of increasing the efficiency of industrial water and wastewater purification.
The use of these…
South Korea's LG Electronics said on Friday its second-quarter operating profit likely reached a two-year high, with analysts pointing to strong contributions from its mainstay home appliances and…
Lufthansa is flying non-stop once again from Munich to Tehran.
Starting Monday, the connection under flight number LH 602 will begin three times a week at 22:10, arriving at the Iranian…
As a result of a large amount of non-performing loans (NPLs) in the banking system, there won’t be further cuts in lending rates, Ahmad Meydari, deputy minister of labor, cooperatives and social…
