Economy

President Park Geun-hye arrived in Seoul on Wednesday after a landmark state visit to Tehran focused on boosting bilateral economic cooperation.

The visit–the first by a South Korean…

The Google Self-Driving Car Project and Fiat Chrysler Automobiles have announced that they will integrate Google’s self-driving technology into all-new 2017 Chrysler Pacifica Hybrid minivans to…

Apple Inc has lost a battle for the use of the "iPhone" trademark on leather goods in China, after a Beijing court ruled against the world's biggest technology company in favor of a local firm,…

South Korea and Iran agreed to promote partnership in the fields of science and technology during South Korean President Park Geun-hye's landmark visit to Tehran.

Islamic Azad University’s Oxford Branch will start admissions from the next academic semester, said IAU’s deputy for education. The Oxford Branch has obtained the permits and licenses for…

The First IORA Free Trade Zones Authorities Conference will be held on May 19-20 in Chabahar Free Zone in the southeastern Sistan-Baluchestan Province.

India has agreed to pay Iran 1.5 % interest on $6.5 billion that refiners like Essar Oil and Mangalore Refinery (MRPL) owe it in oil dues, as a ‘goodwill gesture’.

Iran had sought an…

The first South Korean bank inaugurated its representative office in Tehran at a ceremony held at the Central Bank of Iran on Monday.  

The Export-Import Bank of Korea (Korea Eximbank) said Tuesday that it signed a financial package worth $15 billion with the Iran’s central bank and government, paving the way for local companies…

Central Bank of Iran has permitted all banks to sell mortgage-backed securities, in an attempt to attract investments to the housing sector.

Lawmakers Tuesday revoked previous rules that required state organizations to buy their policies only from the Iran Insurance Company, the only state-owned insurer in the market, Fars News Agency…

Iran and Germany have reached an agreement over Iran’s €500 million ($578.9 million) Hermes cover debt, said Iran's deputy minister of economy, Mohammad Khazai on Tuesday, during a meeting of the…

High-ranking representatives of the State Secretariat for International Financial Matters (SIF) and of the Central Bank of Iran (CBI) met for the first time in Bern on Monday for financial…

More than 70% of the spectacles and sunglasses available in the domestic market are contraband, the head of Tehran’s Union of Manufacturers and Sellers of Glasses said.

“Some 25% of the…

Caran d’Ache SA, a century-old Swiss maker of writing instruments, supplied Iranian schoolchildren with pencils before the 1979 Islamic Revolution. Now, it’s betting on a partnership with a…

The Eighth International Course on Islamic Capital Market opened in Tehran's Azadi Hotel on Tuesday with a keynote speech delivered by Iran's Minister of Economic Affairs and Finance Ali Tayyebnia…

Based on a new parliamentary legislation, any government contract with foreign parties worth over $10 million requires a tender notice, which can be domestic or international. In special…

Tehran Stock Exchange’s all-share index TEDPIX lost 241 points or 0.31% to end Tuesday trade at 78,044.4.

Losses incurred by oil and petrochemical companies were the main cause of the…

A conference hosting hundreds of Iranian and German business figures was held in Tehran on Tuesday. President of the Organization for Investment, Economic and Technical Assistance of Iran Mohammad…

South Korea and Iran can create a win-win situation if they work together in infrastructure projects in Iran.

The statement was made by the visiting South Korean President Park Geun-hye in…

Iran Chamber of Commerce, Industries, Mines and Agriculture has set out cooperation priorities with five countries in Asia and Europe, namely China, Germany, Austria, Denmark and Portugal.

Alexander A. Gorjinia, the federal executive board representative of German Business Council, Wirtschaftsrat Deutschland, met with Masoud Khansari, the head of Tehran Chamber of Commerce,…

The 13th meeting of Iran-Belarus Economic Commission, headed by the Iranian Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh and his Belarusian counterpart Vitaly Vovk, opens in…

Iran’s need for rice imports stands at 1 million tons annually, says deputy agriculture minister. “Domestic demand is about 3 million tons per year, while production stands at 2 million,” Ali…

A new health-focused app has been developed and released in Iran.

Karafs (meaning celery in Farsi) is an application that utilizes scientific methods to help users maintain a balanced…