Economy

Representatives of 11 Spanish companies are scheduled to visit Iran during December 12-14 to meet their Iranian counterparts and discuss ways of forging cooperation.

The Iran-Chile Agriculture, Business Forum was held at Iran Chamber of Commerce, Industries, Mines and Agriculture’s headquarters in Tehran on Sunday.

Peugeot’s 207i, which is better known as 206+ in the European market, has re-entered production at Iran Khodro’s factory west of Tehran, according to Asbe Bokhar (Horse Power), a local automotive…

Renault’s  subsidiary in Iran, Negin Khodro, says it will introduce two new models by April 2017, the company’s CEO Jamshid Hosseini said in a December 4 interview with a local automotive…

European automakers and third-party manufacturers rebounded in the third quarter after six months of decline. An increase in trade with Iran has helped certain French brands see a large uptick in…

Apple is wading in to the debate over regulation of self-driving cars, declaring it is excited about the potential for automated transportation and calling on US regulators not to restrict testing…

Kermanshah exported close to 3.9 million tons of goods worth nearly $1.3 billion during the eight months to Nov. 21, according to the director general of the western Iranian province’s Customs…

Chicken and egg exports have come to a halt due to an outbreak of the highly contagious H5N8 bird flu virus at farms located in the Tehran region, according to the chairman of the Association of…

Exports from Shahid Rajaie Port in southern Iran amounted to 5.3 million tons worth more than $1.6 billion during the eight months to November 21, registering a 47% and 33% increase in weight…

Iranian Minister of Economic Affairs and Finance Ali Tayyebnia met with Brazilian Minister of Mines and Energy Fernando Coelho Filho in Tehran on Sunday to discuss ways of broadening economic ties…

Iran exported $166 million worth of hand-woven carpets during the seven months to October 21, registering a 17% increase compared with the corresponding period of last year, according to the head…

Representatives of French firms are in Tehran this week to offer solutions in the fields of aerospace maintenance and airport infrastructure.

The 13th meeting of Iran-Russia Economic Commission will be held in Tehran on December 13. 

The two sides will survey ways of enhancing bilateral cooperation in a wide range of fields…

The US dollar was sold for 39,500 rials in Tehran market on Sunday to mark a 2.4% growth compared with the previous day’s close of 38,600 rials. 

Reports suggest some moneychangers had…

New Zealand Trade Minister Todd McClay emphasized the development of business and banking relations with Iran following the lifting of sanctions in January, saying his presence in Iran shows how…

ERGO Group, one of the largest insurance groups in Europe, is keen on entering Iran’s insurance market, Alexander Ankel

Parsian Bank has finalized plans to launch 137 new branches across the country, said Kourosh Parvizian, the bank’s chief executive, noting that his bank currently has 313 branches.

The Central Bank of Iran will issue a new foreign exchange directive in the foreseeable future in line with its new forex policies, the bank’s governor said.

Unprocessed decorative stone exports will be slapped with a 5-15% tariff as of the next Iranian year (starting March 20, 2017), a deputy minister of industries, mining and trade announced on…

There is a mismatch between Iran’s steelmaking capacity and steel demand at present.

A number of obstacles must be overcome for its steel industry to reach its true potential, reads an…

Several Slovenian companies, including air domes manufacturer Duol and Iskratel Telco, have signed deals worth €10 million with Iranian partners at the Slovenian-Iranian Business Conference in…

Tehran Stock Exchange’s main index gained 4.90 points or 0.01% to end Sunday trade at 80,063.7.

More than 711 million shares valued at $49.1 million changed hands for the day.

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More than 600 million mobile devices worldwide will include biometric authentication within the next five years, up from 190 million in 2016, with demand for methods that involve less hardware…

The Minister of Communication and Information Technology Mahmoud Vaezi visited Azerbaijan’s International Telecommunications and Information Technologies Exhibition and Conference, known as…

Scientists have developed a new way to use diamonds to convert old nuclear waste into long-lasting usable batteries, according to a research publication in the United Kingdom.