Economy

South Africa and Iran have signed a number of deals that will see them cooperate in various fields, among them trade and mineral processing.

The deals were signed during Deputy President…

Italian Prime Minister Matteo Renzi will show off the glory of Rome to Iranian President Hassan Rouhani as he seeks to spearhead a conquest of his own: a huge share of new business in the Islamic…

Iranian President Hassan Rouhani said Iran will probably sign a deal to buy Airbus aircraft during his visit to France starting Monday. “We already use Airbus or Boeing planes today,” Rouhani said…

The SMEs Guarantee Fund has increased its capital to 1.25 trillion rials ($35.4 million at market exchange rate) from a previous 500 billion ($14.1 million), IRNA quoted chief executive Ali Ta’…

The lifting of sanctions imposed by the West over Iran’s nuclear energy program will not affect Iran’s trade relations with China, says head of Iran-China Chamber of Commerce, Asadollah Asgaroladi…

Technicians specialized in installing and repairing mobile phones and tablets, household appliances, air conditioning units and home entertainment devices will be testing their skills in an…

One of the most widely used technologies on the planet is getting a major upgrade in the coming year.

On Wednesday, the Bluetooth Special Interest Group announced several enhancements to…

Iran’s Minister of Communications and Information Technology Mahmoud Vaezi said developments in the Middle East and the regional convergence of Iran and Russia can help expand bilateral…

Online marketplace Amazon Inc. made its debut on the 2015 Thomson Reuters Top 100 global innovators list, leaving International Business Machines Corp, the world’s largest technology services…

Iran is planning to enter the African banking sector, a move intended to mitigate the risks of investment in that continent, the Trade Promotion Organization of Iran said on Tuesday.

The ban on fruit imports is still in place, says the deputy minister of agriculture for horticultural affairs, calling on executive bodies to take action against illegal fruit imports since his…

Iran and Armenia are at full throttle to lift their economic ties.

Some 5,400 tons of tilapia worth $24.5 million were imported during the seven-month period ending October 22, indicating a 700-ton rise compared to last year’s corresponding period, latest figures…

Iran’s cooperatives sector exported $1.3 billion worth of goods in the last Iranian year (ended March 20, 2015), said deputy minister of cooperatives, labor and social affairs, Hamid Kalantari, on…

Iran is ready to embark on joint ventures with Tunisia in the fields of automotive, cement, electronics and textile, said Iranian Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh…

The newly initiated  600 million rial ($ 20,000) housing loan will be ratified by the Central Bank of Iran next week said Mohammad Hashem Botshekan, CEO of Bank Maskan, according to the…

The final decision on further interest rate cuts will be announced by the Money and Credit Council at its next meeting by the end of the month, said Valiollah Seif, governor of the Central Bank of…

The minister of communication and information technology, who is in Moscow for the 12th meeting of the Iran-Russia joint economic commission, has called for the use of national currencies in two-…

As debate on the much-anticipated economic stimulus package of the government continues among business leaders and economists, a finance and banking expert has criticized the central bank and…

Three new companies are to join the domestic insurance industry, said Rahim Mossadeq, Central Insurance of Iran’s deputy for planning and development affairs, reported ISNA. The firms include…

Iran Mercantile Exchange’s export trading board witnessed 30,000 tons of granulated sulfur supplied by Kharg Petrochemical Company at the base price of $128 per tons on Wednesday.

In…

Iron ore prices are far from their highs of 2011-13 due to the slowing demand in China.

According to the latest reports by Platts, prices for CFR China imported iron ore with 62% purity…

Sanctions against Iran are set to be lifted in a few months’ time. That prospect has airliner salesmen salivating, because Iran has a civil fleet largely made up of increasingly decrepit aircraft…

The Iranian government will offer some state-owned manufacturing companies to foreign buyers in line with its objective to import technology and attract foreign direct investment, says Minister of…

In a bid to attract foreign investors and raise funds for implementing domestic development projects, a "financial free zone" will be created on Kish Island, Presidential Advisor Akbar Torkan said…