Economy

Bulgaria and Iran have formalized a deal for the Balkan country to export honey to the Islamic Republic.

The decision was made in a meeting between Bulgarian Agriculture Minister Desislava…

The ambassadors of South Korea, the Philippines, Brunei, Indonesia, China, Vietnam, New Zealand, Thailand and North Korea to Iran visited Maku Free Trade Zone in West Azarbaijan Province on…

One year on, the same collective wisdom that made the nuclear deal possible seems vital to pave the way for receiving foreign investment.

Shares in Japan's Nintendo Co. Ltd. soared again on Monday, bringing market-value gains to $7.5 billion in just two days as investors cheered the runaway success of Pokemon GO-its first long-…

Iran and Belarus are to sign an agreement on technological, scientific and educational cooperation within the framework of a commission meeting held recently in Minsk on the issue earlier this…

A new type of electric motor, weighing just 50 kilograms but delivering a continuous power output of around 260 kilowatts (roughly 5 times comparable drive systems), was recently demonstrated in…

Startup companies are traditionally for-profit enterprises, but in recent years philanthropic ventures have begun adopting the knowhow and the approach of startups to develop a new breed of…

Boeing’s commercial jetliner chief says if its deal to sell Iran passenger aircraft is blocked by the US Congress, all other US companies that supply to its rivals should be prohibited as well.

South Korea’s Financial Supervisory Service and Iran’s Securities and Exchange Organization signed two memorandums of understanding in pursuit of further cooperation and cross-border investments…

Head of Iran’s Securities and Exchange Organization has urged foreigners to invest in Iran’s bond markets before looking into equity investments. Mohammad Fetanat-Fard added that government bonds…

Iranian UPVC profile producers are facing bankruptcy as a result of the high cost of raw materials and rampant imports of cheap foreign products, the head of Iranian UPVC Profile, Door and Window…

Iran and Bulgaria signed three memoranda of understanding in a meeting attended by visiting Bulgarian Prime Minister Boyko Borisov and Iran’s First Vice President Es’haq Jahangiri in Tehran on…

Tehran Stock Exchange’s benchmark index gained 52.50 points or 0.07% to end Monday trade at 73,816.7.

More than 845 million shares valued at $71 million were traded for the day.

…

 Responding to recent critical remarks by Mohammad Reza Nematzadeh, the minister of industries, mining and trade about anemic support of the banking system for the production sector, governor…

The Central Bank of Iran has detailed the first phase of the banking overhaul plan and identified the strengthening of its supervisory and monetary policymaking role among the main goals of the…

The Central Insurance company of Iran is planning to gradually separate the life insurance sector from non-life policy in a bid to improve efficiency and the services it offers.  

…

Following the recent rally in gold prices, Bank Melli Iran decided to auction a portion of its bullion that includes a limited edition of Bahar Azadi coins as part of an effort to shed excess…

Iran exported $32.7 million worth of goods to Vietnam during the first two months of the current Iranian year (March 20-May 20, 2015).  Imports stood at $2.4 million during the same period,…

Iranians annually purchase 15 million mobile phones, 60-70% of which demand are met by smuggled products, said the deputy head of Tehran Chamber of Guilds. Ebrahim Dorosti also blamed the high…

More than 106,400 tons of goods were exported from the port city of Bandar Lengeh in southern Hormozgan Province during the first three months of the current Iranian year (March 20-June 20, 2016…

Iran has joined the International Chamber of Commerce’s Certificate of Origin Accreditation Chain, leading to better coordination with other chambers of commerce across the world.

A politico-economic delegation from Chile headed by the country’s Foreign Minister Heraldo Munoz will visit Iran in September, according to Iran’s Chamber of Commerce, Industries, Mines and…

Given the new measures taken by Iran's carmakers in the area of research and development, local auto manufacturers will be able to export a third of their products by the end of the 20-Year…

South Korea's automobile exports fell more than 13% in the first six months of the year, weighed down by falling demand from emerging markets, data showed on July 10.

South Korean carmakers…

Mohammad Reza Motamed, Iran Khodro Company's vice president for engineering, has been appointed as the director of the IKCO-Peugeot joint venture known as IKAP. Hashem Yekezare, IKCO's CEO,…