Moscow and Tehran have removed legal barriers to granting Iran a $5-billion state loan, Russian Deputy Foreign Minister Sergei Storchak said.
Preliminary agreements on the state loan…
Economy
Economy
Connecting to international payment networks is high on the Central Bank of Iran’s agenda in this fiscal year that started on March 20, said Davoud Mohammad Beigi, head of CBI’s department of…
Economy
The presence of the second economic delegation from the Czech Republic in Tehran signifies that country’s determination to develop two-way economic relations, deputy head of Tehran’s Chamber of…
Economy
The head of Iran’s Home Appliances Association, Mohammad Tahan Pour says distribution of credit cards for buying home appliances will end on April 19 and customers can use the cards starting from…
Economy
A 30-strong business delegation from the Czech Republic, made up mainly of representatives of the country’s mining sector, visited Tehran on Sunday and met with members of Tehran Chamber of…
Economy
Stocks snapped their downtrend and rallied in Tehran on Monday, as political worries took a pause and low prices spurred bullish bets.
Those worst affected by the rout in the past days rose…
Economy
About 3.6 million tons of steel products were exported from Shahid Rajaei Port, Iran’s biggest container port near the Strait of Hormuz, in the last Iranian year (ended March 19), says deputy head…
Economy
Agriculture Minister Mahmoud Hojjati said on Sunday Iran’s strategic wheat reserves currently stand at 6 million tons, which means the market is set to remain balanced and prices will be…
Economy
Iran exported 1.2 million tons of fruit worth about $409 million in the last Iranian year (ended March 19), which shows a 30% decline compared to the previous year’s corresponding figure.…
Economy
Around $500 million worth of shoes are smuggled into the country every year, says the head of Handmade Shoemakers Union. This is while, according to the Islamic Republic of Iran Customs…
Economy
France is “committed to its obligations” and is trying to “resolve the remaining issues” regarding the agreement between flag carrier Iran Air and planemaker Airbus, says French Transport Minister…
Economy
The three-day Iran-Russia Business Forum is scheduled to be held in the Russian capital Moscow in May. The forum, which will open on May 12 and then resume on May 24-25, is aimed at…
Economy
The compact version of the Peugeot 208 is no longer available in the Russian market as of this week, according to a new report from the country.
Economy
Iran's car manufacturers produced a total of 976,836 units of passenger and commercial vehicles in the last Iranian year (ended March 19, 2016).
Economy
Iran Khodro Industrial Group has already exported 30,000 vehicles of different models to the international markets since March 20, said IKCO’s deputy for export and international affairs.
Economy
The Mahindra e20 has been launched in the UK as an affordable electric vehicle, costing from £12,995 ($18,000) (after grant) and sold online to customers. The cost of most electric cars has been…
Economy
South Korea has unblocked a large part of Iran's frozen assets, an Iranian petrochemical official said. The news comes after Iran's nuclear agreement with the six world powers came into effect in…
Economy
The visit by the central bank governor to Washington three months after the implementation of the nuclear deal is important, the director of the CBI’s public relations department, Mohammad Ali…
Economy
Improving the buying power of homebuyers leads to higher demand which in turn helps in easing the recession in the housing sector, Ahmadreza Sarhadi, a housing expert said Friday.
Economy
Bank Pasargad Iran released a new version of its mobile banking application which is compatible with Apple Watch. The update also allows BPI customers to access its mobile banking services…
Economy
Tourism Bank has obtained a new license from the Central Bank of Iran, which allows the bank to offer new international banking services. According to a press release on Sunday, the bank is now…
Economy
Bank Maskan announced it will soon offer construction loans with no deposits for urban sectors. It will also grant additional incentives to projects that make use of energy-efficient techniques…
Economy
Tires, tubes and motor oil are some of the commodities in high demand, as Iran’s auto manufacturing industry is one of the biggest economic sectors of the Islamic Republic, after oil and gas,…
Economy
Two of the top managers of Germany’s Federal Financial Supervisory Authority, better known by its German abbreviation BaFin, visited Tehran Stock Exchange and met with the head of Iran’s…
Economy
A €4 billion investment agreement with Italy’s transportation company ITINERA S.p.A was a major highlight of the recent visit by the European country’s Prime Minister Matteo Renzi, who led a 250-…
Economy
