Alliance Reseau Courtage Assurance will enter Iran's insurance market to cover the transport sector in the post-sanctions era, said the insurer's representative in Iran.
Economy
Economy
Asian Bankers Association has accepted Bank Hekmat Iranian’s request for membership, said Nader Hasanpour, the bank’s deputy for international affairs, banker.ir reported. BHI intends to…
Economy
The strengthening of the US dollar against the Iranian rial as a result of a rate rise by the Fed will boost Iranian exports and make Iran’s assets frozen overseas more valuable once sanctions are…
Economy
Tehran Stock Exchange’s all-share index TEDPIX rose 270 points or 0.44% during the past week compared to the previous trading week to end at 61,691. More than 2.2 billion shares changed hands in…
Economy
Iran plans to boost investment in exploration, mechanized exploitation, as well as mid-stream and down-stream projects to enhance sustainable development. The target is to increase mining’s…
Economy
Steel exports will reach a record high of 3 million tons by the end of the current Iranian year (March 19, 2016), says the head of Iranian Mines and Mining Industries Development and Renovation…
Economy
Iran is scheduled to hold an exclusive trade exhibition in Kabul, Afghanistan, during March 1-4, 2016, to showcase the capabilities of Iranian businesses in the neighboring country.
Economy
The government has purchased more than 8.5 million tons of wheat from local farmers so far in the current Iranian year (to end March 19), IRNA quoted Deputy Agriculture Minister Ali Qanbari as…
Economy
The government is planning to raise next year’s budget for special economic zones by 1.5 times that of the current Iranian year (ending March 19), says deputy industries minister and head of Iran…
Economy
Oil's share of the Iranian budget is dwindling, although crude prices dip further and the government struggles to avoid a cutback in fiscal spending.
The government is looking to earn…
Economy
Iran has enormous pent-up demand for the modernization of its infrastructure.
Roads, water and power lines as well as housing badly need to be upgraded, which offer an opportunity for…
Economy
About 2,000 tons of food colorings are consumed annually in Iran by the food and pharmaceutical industries, with more than 700 tons of this figure being imported and the rest produced by 15…
Economy
A week after it was banned in India, Facebook’s Free Basics service, which aims to bring affordable Internet to 5 billion people in the world who otherwise can’t access it, has been suspended in…
Economy
Huawei Technologies Company said on Thursday its full-year 2015 revenue rose 35.3% from a year earlier to 390 billion yuan ($60.1 billion), aided by strong sales growth for smartphones.
Economy
Vietnam sought to discourage its Internet-savvy public on Wednesday from reading Web postings that disparaged its Communist Party, warning of an increase in “toxic” activity just weeks away from…
Economy
The First Conference of Iran’s e-Business Leaders was held in Tehran last week. The event brought together members of Iran’s Information Technology Organization, e-business and other high-profile…
Economy
Keeping kids away from questionable content while they surf the web is an ongoing battle and there’s a new site that’s looking to help.
Economy
Iran’s Internet bandwidth is expected to increase to 4 terabits per second in the coming months, said the minister of communications and information technology. Pointing to the recent…
Economy
Banks lent a total of 2.19 quadrillion rials ($72.9 billion) by the end of the eight month of the Iranian fiscal year (October 21), an increase of 6.3% or 129.5 trillion rials ($4.3 billion…
Economy
Foreign investment and finance is important to complete pending projects, said Abdol Naser Hemmati, CEO of Bank Melli Iran. He said domestic banks had provided 90% of the credit needed for…
Economy
A member of the Money and Credit Council said to overcome economic challenges, lowering interest rates would be inevitable. Mohammad Reza Pourebrahimi whose council is the main monetary…
Economy
Covering the risk of volatilities in the forex market is crucial to economic development, Hamed Soltaninejad head of Iran Mercantile Exchange said in a meeting with the Iran Institutional…
Economy
Reinforcing the private sector will lead to improvement and growth in the long-stagnant housing sector, according to Muhammad Mehdi Mafi, an analyst. He added that government’s interventionist…
Economy
Iranian Mines and Mining Industries Development and Renovation Organization has unveiled the Geographical Information System for the mining sector.The GSI is designed to capture, store, manipulate…
Economy
Foreign financial service companies are spearheading the trend to buy into Iran's economy and profit from the last frontier market that is expected to open up to foreigners soon.
Sanctions…
Economy
