Britain’s biggest carmarker Jaguar Land Rover said it planned to build electric cars in Britain, just two days after the government promised 390 million pounds ($484 million) of funding to support…
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
Economy
Iran's second largest car producer, SAIPA Corp. and semi-private Mellat Bank signed agreements to increase credit lines, providing needed resources in the area of foreign exchange, opening letters…
Economy
Almost a year after the opening of Germany’s Bavaria office in Iran, Tehran Chamber of Commerce, Industries, Mines and Agriculture opened its Munich office, TCCIMA news portal reported.
Economy
The rate of the US dollar to the rial is unlikely to reach 38,000 rials, said Hamid Zaman Zadeh, director of research department at Banking and Monetary Institute, affiliated to…
Economy
Saman Bank and DF Deutsche Forfait Group signed an MoU to cooperate in trade financing. The collaboration primarily covers the supply of financing solutions for the exchange of goods between…
Economy
The US Treasury has reassured Brazilian banks they can finance trade with Iran without fear of sanctions, opening the way to billions of dollars in potential exports of jet planes, buses and…
Economy
Officials from the Central Bank of Iran and the National Bank of Ukraine met at the CBI headquarters in Tehran to discuss expansion of banking relations with deputy governors of…
Economy
Iran exported 327,000 tons of horticultural products worth $1.2 billion during the seven months to October 21, according to deputy agriculture minister Mohammad Ali Tahmasebi. According to the…
Economy
A severe drop in temperature has cost 198 billion rials (more than $53 million) to orchard-owners in Golestan, Mehr News Agency quoted head of the northern Iranian province’s Agricultural Jihad…
Economy
About 1.4 million TEU of oil and non-oil goods were handled in Shahid Rajaie Port during the eight months to November 20, registering a 29% rise compared with last year’s corresponding period,…
Economy
The 12th session of Iran-Indonesia Joint Economic Commission officially opened in Jakarta on Friday co-chaired by Iranian Minister of Communications and Information technology, Mahmoud Vaezi and…
Economy
Iran has joined the International Convention on Temporary Admission (Istanbul Convention, 1990), the Islamic Republic of Iran Customs Administration reported.
The ATA is a system allowing…
Economy
Construction of a railway bridge across the Astarachay River near the Iran-Azerbaijan border and as part of the so-called International North-South Transport Corridor will be completed by…
Economy
The average goods and services Consumer Price Index for urban areas in the 12 months ending November 20, which marks the end of the Iranian calendar month of Aban, increased 8.6% compared with…
Economy
Data released by Iran Airports Company shows only six Iranian airports namely Tehran’s Imam Khomeini and Mehrabad international airports and the Mashhad, Shiraz, Isfahan and Tabriz airports are…
Economy
For every watch with a genuine brand in the Iranian market there are 100 counterfeit ones, according to deputy head of Tehran Watch Union.
Economy
Iron ore concentrate production during the seven months to October 21 stood at 17.87 million tons to register a 20.9% rise compared to last year’s corresponding period, Iranian Mines and Mining…
Economy
Stock markets were mostly quiet in the past trading week that ended November 23, as Tehran Stock Exchange’s benchmark index inched 117.2 points or 0.14% to close at 79,385.6. IFX, the over-the-…
Economy
During his recent visit to Japan, Indian Prime Ministers Narendra Modi and Shinzo Abe welcomed the prospects of cooperation between the two countries for promoting peace and prosperity in the…
Economy
President Hassan Rouhani’s three-nation trip to Southeast Asia in October, which began in Vietnam and was followed by stops in Malaysia and Thailand, culminated in his address to the second Asia…
Economy
Irancell, Iran’s largest mobile Internet service provider, and Myket, a local Android app store has launched a new join direct billing service this week. The facility which is called Direct…
Economy
Online spending by US bargain hunters climbed to above $1 billion by Thanksgiving evening, according to Adobe Digital Index, surging almost 14% from a year ago and reflecting a broader trend away…
Economy
In a metropolis such as Tehran, motorbikes are commonly used as a means of transportation and also for parcel delivery services. They are the fastest and most convenient method for getting a…
Economy
Amazon.com is in talks to acquire UAE-based online retailer Souq.com for $1 billion in a deal that will give the e-commerce giant a footprint in the high-growth Persian Gulf market, according a…
Economy
The mountain of debt is one major challenge the government is facing and it would be beneficial for the economy if the government is indebted to the public as opposed to the banks, says a senior…
Economy
