Iran is seeking a long-term commitment from South Korean firms to invest in the Middle Eastern country as it puts behind western sanctions and strives for sustainable growth, Tehran’s envoy in…
Economy
Iran and Russia have initialed contracts worth around $40 billion, including for power engineering and railroad projects, Ali Akbar Velayati, top adviser to Iran’s Leader Ayatollah Seyyed Ali…
Online business owners have recently received tax papers from Iran's National Tax Organization, which has caused concerns among many young entrepreneurs.
Before launching their…
The hundreds of millions of Chinese heading home for Lunar New Year have a relatively new travel option this year: mobile apps to find carpool partners to share costs in what is a novel concept…
A delegation from Japan's International Cooperation Agency met Iranian deputy minister on Wednesday in Tehran to discuss the start of joint scientific and research cooperation programs.
A new locally developed satellite was unveiled late Wednesday on the occasion of National Technology Day in Iran.
The "Friendship Satellite" was introduced in the presence of President…
Taxi operators in Kenya on Wednesday asked the government to stop the operations of Uber, the ride sharing app that has risen in popularity because of its cheaper fares. Kenya's police have said…
The Central Bank of Iran is closely monitoring the interest rate market and cases of rate violations by 11 banks have been submitted to CBI's disciplinary unit, the bank's governor said Wednesday…
Following the Central Bank of Iran and Law Enforcement Force’s recent crackdown on black market currency trade, street dealers have found refuge in social networks, exploiting virtual space to…
The lifting of sanctions per se cannot pull the sluggish housing market out from the doldrums because high interest rates, low purchasing power, insufficient housing loans and the large number of…
South Korea and Iran agreed to maintain the current won-based settlement system while seeking an alternative payment method that can further promote bilateral trade and investment, South Korea’s…
Raiffeisenbank International (RBI) of Austria wants to fully re-launch operations in Iran over the coming months. At the moment business is still on ice. The bank had been doing very good business…
Trade delegates from Russia, India and Iraq, representing more than 22 companies, visited Kerman Province on Wednesday and met with their Iranian counterparts in a series of B2B meetings to…
One of the key achievements of the government in the agricultural sector has been the export of 332,000 tons of chicken and eggs over the past two years for the first time in Iran’s history,…
A Kazakh-Iranian business forum will be held on Feb. 7 in Tehran to discuss ways of promoting bilateral economic cooperation, Kazakhstan’s newspaper The Astana Times reported.
East Azarbaijan Province accounts for $150 million of Iran’s $500 million worth of total chocolate exports to 60 countries, according to Industries, Mining and Trade Organization of the…
Multinationals looking to swoop into Iran as most sanctions lift will find important sectors of the 80 million-strong market already conquered by domestic brands.
While most domestic…
Central Asian countries are buzzing with excitement over the lifting of western sanctions against Tehran, but for the time being Iran may mainly act as a transit hub between the landlocked region…
The Islamic Republic of Iran Customs Administration has unveiled a plan based on which the appraisal of imported items will be carried out online, IRICA’s news portal reported. The plan is aimed…
For the first time Iran will have a national pavilion at SMM Hamburg, the leading international maritime trade fair, according to its website.
“An industry fair is a great platform for…
CMS has become the first major international law firm to open a dedicated office in the Iranian capital, Tehran, led by partners of CMS Germany. This includes the right to provide legal advice in…
The “Iran Capital Market Roadshow” is scheduled to take place in Oman on February 24 for showcasing investment opportunities available in Iran, as the country opens up to international markets…
Australia, which lifted sanctions on Iran two weeks ago, continues to restrict the export of certain semi-finished aluminum and aluminum alloy products, says the Department of Foreign Affairs and…
Tehran Stock Exchange's main index is hovering around a one-year high. TEDPIX started to rally after January 16, the day on which the UN nuclear agency confirmed Iran has complied with the…
National Iranian Copper Industries Company and Germany’s Mansfelder Kupfer und Messing GmbH—Europe’s third largest manufacturer of primary and semi-finished copper products—have signed a…
