Pakistan’s Ministry of Commerce has asked the central bank and private banks to come up with a mechanism that would allow the resumption of banking transactions between Pakistan and Iran.
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Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
Economy
Eliminating the army of regulating bodies and recommending a unified regulator for the fintech industry was the main topic at FinTechs and Regulatory panel held at the FINSTARS event on Wednesday…
Economy
A senior analyst has taken stock of the achievements of the Iran’s nuclear deal with the six major world powers or Joint Comprehensive Plan of Action one year after the historic accord was signed…
Economy
Iran’s Central Bank Chief Valiollah Seif discussed issues of mutual interest with President of the Deutsche Bank Jens Weidmann on Wednesday. The two officials discussed ways to enhance banking…
Economy
Iran exported 256 tons of goods worth 308.71 billion rials ($8.81 million at market exchange rate) to the United States during the first quarter of the current Iranian year (March 20-June 20, 2016…
Economy
South Korea’s National Agricultural Cooperative Federation has signed a series of agreements in the form of memorandum of understanding with partners from its major importing countries, including…
Economy
According to a report by the Housing Foundation of the Islamic Revolution–a body tasked with making provisions for the less well-off–out of Iran’s 53,000 villages, close to 15,000 are home to less…
Economy
The Sixth Amusement and Attractions Industry, Parks and Playgrounds Exhibition–AMTECH, for short–is scheduled to be held in Tehran, Iran, on February 16-19, 2017.
Economy
With the opening of Iran’s first hydrogen peroxide production unit in Tabriz, capital of East Azarbaijan Province, on Friday, the country will turn from an importer to an exporter of the product,…
Economy
Governors general of Italy’s Marche, Luca Ceriscioli, and Iran’s Mazandaran Province, Rabi’ Fallah, signed agreements in the form of a memorandum of understanding to further cooperation in the…
Economy
Tehran and Rome have signed a document, which stipulates Italy constructing two high-speed railroads in the Islamic Republic.
The agreement was signed during a meeting between Iranian…
Economy
A titanium project is scheduled to become operational in the second half of the current Iranian year (starting Sept. 22, 2016), the head of Iranian Mines and Mining Industries Development and…
Economy
In recent months, Oman announced the launch of a direct shipping route between its port of Sohar, 220 km north of Muscat, and the Iranian port of Shahid Rajaie near Bandar Abbas on the shores of…
Economy
Mehdiabad Lead, Zinc and Barite Mining Complex produced 283,868 tons of barite during the first three months of the current Iranian year (started March 20), which indicates a 74% rise compared…
Economy
Iran Mercantile Exchange launched the online trading of gold coin certificates of deposit on July 12, starting spot gold trading in Iran.
The exchange started offering gold CDs for trading…
Economy
Tehran Stock Exchange’s benchmark index shed 286 points or 0.39% during the trading week that ended July 13 to close at 73,763.
Over 4.9 billion shares valued at $398 million were traded in…
Economy
Tehran, the capital of Iran, is an amazing city.
Despite being an unknown city to many businesspeople, there is a real sense of vibrancy and modernity about it and an exciting feeling of it…
Economy
An international research team led by Mainz palaeogeneticists demonstrates that populations in the ancient Fertile Crescent are the ancestors of modern-day South Asians but not of Europeans.…
Economy
A recycling facility for converting carbon dioxide and ammonia to urea has been designed and constructed in Iran's southwestern Chaharmahal-Bakhtiari province.
Economy
South Korean technology giant Samsung Electronics Company said it is in talks to acquire a stake in Chinese automaker BYD to boost its chip business. In December, Samsung created a team to develop…
Economy
A 15% stake in Jam Petrochemical Company worth over $400 million is set to be offered on Turkey's Borsa Istanbul (BIST), announced the deputy head of Civil Pension Fund Investment Company on…
Economy
Foreign entities such as JLT, Willis, Swiss Re, Zurich Re, National Insurance Academy, Asian Re, Thomas Cooper, RFIB, and some universities such as KU Leuven and Monash have conducted short-term…
Economy
Gazprombank is starting activity in Iran along with other Russian banks, Akbar Komijani, deputy governor of the Central Bank of Iran said according to Bloomberg.
Komijani said he had held…
Economy
Even though Iran’s banking system was entirely shut off from the global network in the past years, Iran was abreast of what was transpiring on the relevant global scene, says a senior banker.
Economy
Governor of the Central Bank of Iran says the government has changed its approach toward the banking system by becoming more realistic in dealing with the key sector.
According to Valiollah…
Economy
