Telecom Italia plans to step up its spending on building out faster fixed and mobile networks in its home market over the next three years, where it sees core earnings returning to growth from…
Economy
Economy
An Istanbul-based payments startup says it has signed a deal that smoothes the way for companies seeking to follow it into Iran’s $400 billion economy.
Economy
The German government has demanded that Iran clear its €500 million ($560 million) debt before it resumes providing guarantees for German exports to the Islamic Republic.
Economy
Central Bank of Iran started using the international interbank messaging network SWIFT on Sunday, Gholamali Kamyab, CBI deputy for foreign exchange affairs said on Monday. The CBI and the banking…
Economy
Bank Maskan (Housing Bank) has sent a proposal to the Central Bank of Iran for launching local affiliate banks. Mohammad Hashem Botshekan, Maskan’s CEO, said that the CBI has welcomed the proposal…
Economy
Tehran and Kabul have agreed to hold the fifth session of their joint economic commission after the Iranian elections, says Afghan Chief Executive Officer Abdullah Abdullah. The upcoming joint…
Economy
The arrival of the first cargo train from China on Monday marked the revival of the ancient Silk Road. Loaded with commercial goods, the train set off from Yiwu City in China’s Zhejiang…
Economy
An Italian trade delegation, including representatives of pharmaceutical, construction, power, auto and electronic companies, arrived in Alborz Province on Monday for a second visit.
Economy
For Iranian businesses, Iraq is a huge market.
In recent years, sanctions imposed over Iran’s nuclear program posed a major obstacle to Iranian industries both in domestic and foreign…
Economy
Tehran Stock Exchange’s main index TEDPIX jumped 668 points or 0.87% to settle Monday trade at 77,377.5.
More than two billion shares valued at $134.8 million were traded, with daily trade…
Economy
The International Summit of Development of Iran’s Aviation and Airports opened at Tehran’s Azadi Hotel on Monday. The two-day event is hosting representatives of 50 international companies and…
Economy
A leap by Tehran Stock Exchange in the past four weeks contrasts with gloom in many bourses around the world and hints at Iran's investment potential as its economy, long isolated by sanctions,…
Economy
US Customs and Border Protection lifted a ban on the import of Iranian carpets as of January 21, reopening a huge market to Iran’s exporters.
Yet there are challenges to overcome before the…
Economy
GKN Company, a British multinational auto parts manufacturer, has said that it expects good sales on the back of the lifting of sanctions from the Iranian economy.
The UK's Auto Express, in…
Economy
The Third Iran International Automotive Conference is scheduled to be held on February 29-March 1 in Tehran.
The event is said to be of high importance, as it is the first of its kind to be…
Economy
Hybrid cars have gradually become more popular over the past decade globally, but the Iranian market is only beginning to learn of the advantages of the part-battery-part gasoline powertrain.
Economy
Isfahan will host the 12th International Exhibition of Automobile Industry this week. The exhibition opens on February 17 and ends on February 20. It will be held at the international fairground…
Economy
The first trial run of a train from China is expected to arrive at the border station of Sarakhs located in Iran’s northeastern Khorasan Razavi Province on Monday, following an agreement reached…
Economy
Iran imports $3 million worth of toys monthly, an Iranian official said. IRNA also quoted Mohammad Hossein Farjou as saying that foreign products account for 90% of Iran’s toy market. “The per…
Economy
About 2.8 million tons of steel and its products valued at $763 million were exported from March to December 2015, which makes the metal Iran’s fourth biggest exported commodity during the period…
Economy
China will provide Iran with an additional $20 billion of financing over the next five years as part of the agreements made between the two countries, says the head of Iran-China Chamber of…
Economy
Simplifying tariff and duty regulations will be a priority for the government in the upcoming fiscal year. IRNA also quoted the head of Iran’s Customs Administration, Masoud Karbasian, as saying…
Economy
An investment worth 8,000 billion rials ($264.65 million at market exchange rate) is needed to add 800,000 new jobs every year, says Minister of Cooperatives, Labor and Social Affairs Ali Rabiei.…
Economy
As decreed by the Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei, combating fruit smuggling is a national duty, says deputy agricultural minister, Mohammad Ali Tahmasebi. “Imports of…
Economy
A 60-strong business delegation comprising members of Tehran Chamber of Commerce, Industries, Mining and Agriculture started a tour of Germany on Sunday to meet with private sector business owners…
Economy
