Economy

The Sixth Bioinformatics Conference of Iran will be held at the University of Tehran on December15-13. The event has been organized by Iran’s Bioinformatics Society and the biochemistry and…

New guidance from the Obama administration offers reassurance to foreign banks which have been skittish about doing US dollar transactions with Iran, lawyers and former sanctions officials in the…

Export Development Bank of Iran, the state-owned bank specializing in financing foreign trade, has managed to reestablish correspondent relations with 90 banks in 65 countries after the lifting of…

Some banks are reportedly offering foreign exchange services through Automated Teller Machines. Confirming the news, Nasser Hakimi, head of Central Bank of Iran’s IT department, said the move is…

The banking overhaul plan–a roadmap enacted by President Hassan Rouhani to transform the outdated banking system–would allow the banking sector to fend for itself without relying on the Central…

Tehran Stock Exchange’s main index gained 231.30 points or 0.30% to end Saturday trade at 77,886.4 after four days of holiday.

More than 1.2 billion shares valued at $174.2 million changed…

A proposal by the Tourism Commission of Tehran Chamber of Commerce, Industries, Mines and Agriculture to extend the weekend has been finalized and will be submitted to the government, once it is…

Irish exporters can now ship sheepmeat to Iran, following an agreement with Iranian authorities.

Data is the lifeblood of modern markets. For better or worse, many investors tune into latest developments and base their trades on newest statistics, decisions and announcements by companies and…

Iran’s Mobarakeh Steel Company will increase production by more than 25% next year to meet growing domestic demand after the easing of international sanctions on the Persian Gulf country’s economy…

The 14th International Exhibition of Transportation and Urban Services will be held at Tehran’s International Exhibition Center on October 27-30.

Some 500 tons of day-old chicken worth 11.8 billion rials (nearly $3.3 million at market exchange rate) were exported during the first half of the current Iranian fiscal year, registering a 30.5%…

Pistachio was Iran’s third biggest exported non-oil commodity in terms of revenues during the first six months of the current Iranian year (started March 20), after steel and iron ore.

Online registration in the eighth round of the National Population and Housing Census which, based on the initial timetable, was due to end on October 15 has been extended for three days due to…

Iran exported more than 4,100 tons of non-oil goods worth $13.3 million to France during the first six months of the current Iranian year (started March 20), registering a 55% upsurge in value…

A year after the Iran nuclear deal came into force, questions have been raised about the outcome of the deal for Iran’s economy.

New-car sales in Europe grew by 7.3% last month with most major automakers, except PSA Group, gaining volume.

Volkswagen, hit by its diesel-emissions scandal, continued to lose market share…

Kerman Motor Company stopped the production of two Chinese models in the Iranian month ending Sept. 21.

According to CarNet.ir, the brakes were pulled on JAC J5 and Lifan X60. The company…

The Iran International Auto Show, which will be held for the first time at the newly opened Shahr-e-Aftab (Sun City), is slated for February 2017, according to a press release from the organizers…

The International Organization of Motor Vehicle Manufacturers recently released data on the number of vehicles produced in over 40 countries.  

Iran and Thailand have agreed to a preferential trade agreement to rev up bilateral trade to $3 billion by 2021.

Turkish steel producer Kardemir has shipped 10,000 tons of rail to Iran as part of an €80-million contract to export 140,000 tons of rail, according to the company’s CEO Mesut Ugur Yilmaz.

American aircraft maker Boeing and an American bank have reached an agreement to finance Boeing’s deal with Iran through a bank in Japan, an unnamed government official was quoted as saying…

The Central Insurance company of Iran has warned insurance firms against underselling insurance policies, even threatening them to reinstate official “rate setting” “for specific categories if…

The International Monetary Fund will use its resources to help remove barriers that hinder Iran’s restoration of ties with international lenders and financial institutions, Christine Lagarde,…