Economy

European businesses were set on Sunday to speed back onto the Iranian market, hours after western sanctions were lifted on Iran in exchange for Tehran’s pledge to limit its nuclear program.

German industry expects a steep rise in exports to Iran following the lifting of sanctions and Economy Minister Sigmar Gabriel says he would seek to drum up trade during his visit to Tehran in…

Japan is expected to send a business delegation to Iran as early as Monday to explore opportunities there. Japan’s Foreign Minister Fumio Kishida visited Iran in October and struck an investment…

Daimler AG's trucks are returning to Iran after a landmark deal to curb Tehran's nuclear activities led to the lifting of economic sanctions. The German company announced on Monday it had signed…

Iran's automotive sector raked in over 23 trillion rials ($763 million at official exchange rate) for state coffers over the past 10 years (2005-15).  

Iran's state-owned and private automotive firms have begun racing against each other to have a business linkup with German vehicle manufacturer Volkswagen.

Trusted sources have reported…

While many in the local industry have surmised that the Chinese car industry is likely to be the biggest loser when sanctions on Iran end, the Financial Tribune likes to take a longer view of the…

 The housing sector will get better only when the state of the economy and purchasing power of homebuyers improves, a Tehran-based analyst said.

United Kingdom Export Finance has reintroduced a £50 million ($ 71.2 million) cover to support UK companies seeking to compete for business in Iran, following the lifting of the sanctions against…

The Export-Import Bank of South Korea (Eximbank) announced Sunday it would upgrade Iran’s credit rating to C2 from C3, the sixth-highest on its nine-grade rating system.

A rating upgrade…

Bank Mellat, Bank Sepah and Parsian Bank have signed a joint contract to finance the completion of two South Pars gas development phases (11 and 24) and the National Gas Pipeline, ILNA reported.…

The Central Bank of Iran will utilize its foreign assets to stabilize the foreign exchange market, expand exports and create new jobs, Valiollah Seif, the bank's governor said late Saturday.…

The United States will allow foreign subsidiaries of American companies to trade with Iran as part of sanctions relief granted under an international nuclear deal, the US Treasury Department said…

Iran has reached an agreement with the European consortium Airbus to buy 114 passenger planes for state carrier Iran Air, the minister of roads and urban development announced on Saturday.

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South Korea’s newly-appointed ambassador to Iran, Kim Seung-ho, met with the head of Tehran Chamber of Commerce, Industries, Mines and Agriculture, Masoud Khansari, in Tehran on Saturday. He said…

Iran welcomes the investment and participation of German companies in its agriculture industry, said Iran’s agriculture minister.

A 24-kilometer queue is a permanent fixture at Iran-Turkey’s Bazargan Border Crossing, according to the manager of the border terminal in northwestern Iran. Jaber Akbarpour added that every day…

The price of Iran’s iron ore of 62% purity destined for China’s Qingdao Port slipped $0.58 to $38.92 per ton, reversing the ascending trend of the previous year’s last two weeks and dispelling…

The Joint Comprehensive Plan of Action is not the endgame, but only the beginning for the reconstruction of Iran’s economy, said the head of Iran Chamber of Commerce, Industries, Mines and…

Iranian stocks headed for the highest level in more than five months after sanctions imposed over the country’s nuclear program were lifted.

Tehran Stock Exchange’s overall index TEDPIX…

Russia wants to expand its transit networks south to Iran, but doing so will not be easy.

A mobile phone application programming marathon, known as Hackarestan, will be held over three days starting January 27 in Tehran.

The first of its kind, the event will focus on producing…

The 6th International Conference on Nanostructures will be held on Kish Island early March 2016. The Institute for Nanoscience and Nanotechnology of Sharif University of Technology is to organize…

China's largest online direct sales firm, JD.com, said on Saturday it will raise 6.65 billion yuan ($1 billion) for its JD Finance subsidiary from investors, including Sequoia Capital China, China…

Starting with the current 6th generation Skylake processors, future central processing units are only going to be fully compatible with Windows 10, Microsoft has confirmed. In other words, if you…