Economy

Deputy Agriculture Minister Ali Akbar Mehr-Fard said Russia’s leading food retail companies, namely X5 Retail Group and DIXY Group, are ready to source a wide range of food items, including…

Iran and India are now opening a new chapter in bilateral relations.

The impact of growing ties between the two countries, which have maintained cordial relations characterized by low…

Heading a 40-member economic delegation, the minister of economics, energy, transport and regional development of the German state of Hesse, Tarek Al-Wazir, arrived in Tehran on Friday, to survey…

The government is starting the repayment of its long overdue liabilities to contractors and pensioners as of Saturday, said government spokesman, Mohammad Baqer Nobakht, on Friday.

A one-day forum focused on Iran-Australia commerce has been scheduled to coincide with Aussie Trade Minister Steven Ciobo’s visit to Iran on September 28.

Food exports from Iran during the five months of the current Iranian year (started March 20) amounted to $850 million, which indicates a 2% increase compared with last year’s corresponding period…

Transport ties between Iran and Kazakhstan are thriving with the establishment of a new direct flight between the two countries’ Caspian regions and the launch of a new shipping route.

As…

An American electric engine company has announced it has broken the Guinness World Record for electric miles driven in a 24-hour period.

The company, True Zero, announced it had completed…

Volkswagen has released photos of a new electric car they plan to display at the Paris Motor Show later this month.

The company has become born-again electric car enthusiasts since…

Chinese car company Chery announced it will open its showrooms on Fridays (the Iranian weekend) for the first time.

Chery and its sister company MVM have been gradually expanding their…

Auto production increased at some local companies while it dipped at others in the Iranian month starting July 22. Production at the country’s largest car manufacturer, Iran Khodro Company, SAIPA…

The potential for trade with Iran, as sanctions are lifted, is tremendous, according to former Swiss ambassador to Tehran, Philippe Welti. So why aren’t more companies jumping at the opportunity…

The Ninth International Mahallat Stone Expo, otherwise known as Iran Stone Expo 2016, opened in the city of Mahallat in Markazi Province on Wednesday.

About 170,000 jobs have been created by 14,200 cooperatives established since President Hassan Rouhani took office in August 2013, says deputy minister of cooperatives, labor and social welfares,…

Bears continued their reign over equity markets in Tehran, driving all major stock indices lower for the week. All major industries faced losses for the week while liquidity dried up even more…

Indonesia’s newly-appointed Minister of Trade Enggartiasto Lukita has asked Ambassador to Iran Dian Wirengjurit to identify new trade opportunities in the Islamic Republic following the lifting of…

Production of colza is estimated to reach 350,000 tons in the current Iranian year (March 2016-17) from more than 215,000 hectares under cultivation, according to deputy minister of agriculture,…

Iran exported more than 33,500 tons of non-oil goods worth $14.3 million to South Africa in the first four months of the current Iranian year (started March 20), registering a 70% hike in value…

Small- and medium-sized enterprises provide jobs for 40% of Iran’s working population, Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh said.

His deputy, Ali Yazdani, said…

The lifting of nuclear-related sanctions on Iran earlier this year won’t have immediate benefits for business aviation, since air transport is being opened up first, speakers said at Aeropodium’s…

International law firm Clyde & Co’s recent survey of over 50 senior executives indicates that 40% of them believe the lifting of Iranian sanctions will have a greater impact on their…

Cypriot Health Minister George Pamborides is in Iran on an official visit at the invitation of his Iranian counterpart, Seyed Hassan Hashemi. Sigmalive also reported on Thursday that Pamborides is…

As part of the plan to modernize the banking system, the capital adequacy ratio of banks will be increased to 12% from the current 8%, said the CEO of Bank Tejarat.

Russian banks are welcome in Iran, where the Russia-Iran Chamber of Commerce is actively working on opening a joint bank, Bahram Amirahmadiyan of the Russia-Iran Friendship Society told Sputnik…

The Supreme National Security Council of Iran has come to a conclusion regarding Iran's future relationship with the Financial Action Task Force (FATF), said the council's secretary.