Economy

Tehran’s International Fairground is hosting the International Exhibition of Hospital Building, Infrastructure, Equipment and Related Industries (Hospitex 2016), which opened on Friday and will…

Pakistan and Iran have agreed to cooperate in defending the two countries’ projects in international and regional organizations, and exchanged their lists of national standards.

Hussein Raghfar, a prominent economist says it is necessary for the government to intervene in the market by regulating land prices for affordable housing and put an end to speculative activities…

Industrial and Commercial Bank of China Ltd., a Chinese multinational banking company, plans to establish branches in Iran, an official with Central Bank of Iran (CBI) said.

The post-sanctions economy offers the promise of revitalizing the economy, said Valiollah Seif, governor of the Central Bank of Iran. Tapping into bank loans and the foreign exchange market are at…

Iran’s Foreign Ministry is negotiating with foreign nations to end the sanctions imposed on Bank Saderat of Iran, Mohammad Javad Zarif, the foreign minister said, Ista news reported. He added that…

Following the lifting of the sanctions on January 16, the central bank has published a set of guidelines for foreign investment in the Iranian insurance market in a bid to clarify rules and…

South Korea aims to double exports to Iran in two years, as construction and shipbuilding firms are seen benefiting from the lifting of international sanctions on the Middle East country, its…

Iran’s Minister of Roads and Urban Development Abbas Akhoundi met with Armenia’s Transportation Minister Gagik Beglaryan in Tehran on Tuesday to discuss ways of expanding cooperation in the…

The 5th Amusement and Attraction Industry, Parks and Playgrounds Exhibition “Amtech 2016” will be held at Tehran’s International Fairground from February 16-19. The event is aimed at promoting the…

Iranian-Turkish economic relations will have the lion’s share of advantages that will accompany Iran’s normalization of ties with the international community.

Trade volume between the two…

The first outcome of the removal of sanctions is a 10-15% decline in the costs of trading, said the Central Bank of Iran governor. Valiollah Seif added that this would help improve the…

Only a week after China's leading electronics brand, Xiaomi, set up a Middle East office in Dubai, it has now also expanded business in Iran by teaming up with an official sales representative.…

The lifting of sanctions is an excellent opportunity for Armenia’s entrepreneurs, especially those in information and high technology sectors to enter the Iranian market.

Iranian researchers have produced a special nanostructured coating that can be used in aircraft bodies to protect them against the elements.

Bombardier, the Montreal-based manufacturer of planes and trains, is exploring how to enter the Iranian market now that western anti-Iran sanctions have been lifted. This is while the company…

Banks in the Persian Gulf Arab states, including Dubai’s largest lender Emirates NBD, are already meeting prospective clients and taking legal advice about entering Iran’s financial system now…

Governor of the Central Bank of Iran said banks issued 1,000 letters of credit following the lifting of the sanctions on Jan. 16. Valiollah Seif said most of the L/Cs were confirmed on Sunday…

Deutsche Bundesbank (Germany’s central bank) removed Bank of Industry and Mine and its affiliate, Eihbank, from its sanctions’ list on Wednesday. The German bank called for the enhancement of ties…

Expanding banking ties with Slovakia can help facilitate economic and trade relations between the two countries, Valiollah Seif, governor of the Central Bank of Iran said Wednesday.

A veteran builder has urged the government to focus its efforts on helping homebuyers and discourage rent-seeking in the property sector if it really intends to stimulate the stagnant housing…

The Minister of Roads and Urban Development Abbas Akhoundi has announced that 50 trillion rials ($1.67 billion) will be injected into Bank Maskan (housing bank) to improve its lending power.

A private Russian wagon manufacturer is set to provide Iran with 500 freight wagons through leasing contracts, head of the Islamic Republic of Iran Railways announced on Wednesday.

Tehran Stock Exchange’s all-share index TEDPIX jumped 444.40 points or 0.67% to end Wednesday trade at 66,562.5.

More than 1.5 billion shares changed hands valued at $82.8 million with…

Demand for spices is ever-growing, especially due to their medicinal properties and widespread use in cooking.

Spices such as peppers, turmeric, ginger, cinnamon, cumin, cloves, garlic and…