Economy

According to the Iran Chamber of Commerce, Industries, Mines and Agriculture, there has been no official confirmation yet that the World Bank has agreed to provide loans for Iran’s private sector…

Bank Saderat Iran has unveiled a new financing package to help renovate sporting spaces and buying new facilities. According to BSI’s website, applicants must first verify that they either own a…

A business delegation from the Austrian state of Carinthia held talks with private sector leaders and economic experts in Tehran on Wednesday. The team is headed by the state’s economy minister.…

Tehran Stock Exchange’s main index scored 160.20 points or 0.21% to close Wednesday trade at 76,853. Gains by shipping, oil, steel and investment companies gave the biggest lift to TEDPIX.

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West Asia’s largest galvanized sheet production plant will become operational in Chaharmahal-Bakhtiari Province in late June, the managing director of the province’s Industrial Parks Organization…

From the ashes of First World War destruction rose many international bodies seeking to regulate future disputes in a civilized way.

Some have endured the test of time. One of these is the…

Azerbaijan’s Economy Minister Shahin Mustafayev was due to arrive in Iran on Wednesday, Iranian Ambassador to Azerbaijan Mohsen Pakayeen said.

Busan-based Korean Register, a member of the International Association of Classification Societies, has signed a memorandum of agreement to establish a joint venture company with the Iranian…

India and Iran have agreed to conclude within a year a preferential trade agreement, which is expected to boost bilateral trade.

Some 460 tons of Piarom dates were exported from Iran’s southern Hormozgan Province over the first two months of the current Iranian year (March 20–May 20, 2016), indicating a 12% rise compared…

Oman-based Ithraa, a leading inward investment export development agency, says its management team will travel to Iran to meet leading Iranian businesses operating in logistics, metals and…

A commercial delegation from Germany’s North Rhine-Westphalia, headed by the state’s Minister of Economic Affairs, Energy and Industry Garrelt Duin, arrived in Tehran on Tuesday.A commercial…

Over $7 billion worth of mineral products were exported while related imports amounted to $4.44 billion in the last Iranian year (March 2015-16), announced Amir Sabbagh, an official with the…

The VW Group's captive financing operation believes growth opportunities in the new-car market are slowing and now plans to offer the same mix of financing products for used cars as it does for…

China's SAIC Motor Corp. says it will launch the sale of its locally built MG GS compact crossover in the UK in the second half of 2016. The vehicle will have a 1.5-liter turbocharged gasoline…

Hyundai, Kia and Toyota were the top popular foreign car brands in Iran in the last Iranian year (ended March 19, 2016) said the deputy head of Iran's Automobile Importers Association.  

Under a new rule passed by the government, automakers and car importers are obliged to fix any faults with new vehicles sold by their dealerships.

The rules, according to IRNA, say under…

Ario, a Chinese-derived vehicle produced by Iran's second biggest car producer SAIPA, is ideal for use in the country's taxi fleet, said the CEO of National Association of Urban Taxi Management…

The Peugeot 3008 MPV has been reinvented as a small SUV to rival the Nissan Qashqai earlier marketed in Iran and is set to make its debut at the Paris Motor Show in September. Don't get too…

Iran Chamber of Commerce Industries, Mining and Agriculture Teusday hosted a delegation of World Bank experts, who had come to assess the situation for the provision of loans to the small and…

Iran and Bosnia-Herzegovina will enhance banking relations as transaction of payments and bank guarantees are needed for expanding two-way commercial ties, said Iran’s ambassador in Bosnia and…

As Iran is slowly moving closer to the single-digit inflation after years of hyperinflation havoc, policy and decision makers are focused on stimulating growth and creating jobs for the younger…

Iran and China have signed a series of memorandums of understanding to facilitate bilateral trade. The documents were signed in a meeting between Iranian and Chinese businesspeople and officials…

Iran and Pakistan have officially inaugurated a joint chamber of commerce to help boost bilateral trade. The inauguration ceremony held in the Pakistani city of Quetta in the country’s southern…

An agreement has been reached to export 24,000 tons of chicken from Iran’s northern Mazandaran Province to Iraq, according to Mazandaran Agricultural Jihad Organization. The provincial body,…