Economy

The Second Iran-Europe Forum convened on Thursday in Geneva, Switzerland.

Different types of oils are used globally for cooking and in various industries, including cosmetics.

Studies show a global inclination toward the use of plant-based oil derived from olive…

Hyundai is recalling nearly half a million midsize cars in the United States to replace the engines because a manufacturing problem could cause them to fail.

Suzuki Motor Corp said it has sold its entire 1.5% stake in Volkswagen AG to Porsche Automobil Holding SE and will post a special profit of 36.7 billion yen ($304 million) on the transaction.…

Iran and France's auto parts manufacturers' associations have signed a memorandum of understanding regarding automotive collaborations.  

Volkswagen named company veteran Matthias Mueller its chief executive on Friday, as the German carmaker struggles to get to grips with a crisis over rigged diesel emission tests that its chairman…

Renault Pars, the local subsidiary of the French auto giant, unveiled a locally made Renault vehicle in a press conference.

The Sandero, which is the global version of the popular Dacia…

The Polish economy, one of the fastest-growing in Europe, posted very good results last year. According to statistics, GDP growth reached 3.4% in 2014. Our economic results in 2014 and the first…

The goods and services Consumer Price Index for urban areas increased 13.6% in the 12-month period ending September 22 compared to the same period of last year, according to the latest report by…

In a meeting between managing director of Iranian Tobacco Company, Mohammad Hossein Barkhordar, and regional director of the German Hauni Company, Hermann Karsnter, in Tehran on Tuesday, the two…

About 23 million tons of basic commodities such as wheat, rice, vegetable oil and sugar worth $8.3 billion were purchased by the government last Iranian year (ended March 20, 2015) to ensure food…

The first experts’ meeting on international transit cooperation among Iran, Afghanistan and India dubbed “Chabahar Agreement” wrapped up at Iran Road Maintenance and Transportation Organization on…

Britain’s second most powerful man, George Osborne, says he wants to lead what might be the country’s biggest ever trade delegation to Iran next year. “I think there will be growing potential to…

The Canadian Digital Finance Institute and Iran’s Sana Pardakht Holding Company will hold the first conference on FinTech (Financial Technology) in the region. According to Business Wire, the…

Charles Robertson, chief economist at Renaissance Capital, a London-based investment bank, and author of The Fastest Billion met with the Financial Tribune in Tehran to discuss the possible…

Misys, a London-based financial software company, said it was targeting an expansion plan that focuses on the Middle East and Africa, with plans to enter Iran as soon as sanctions are lifted in…

A banking reform bill will soon be submitted to the government for review, deputy governor of the Central Bank of Iran Akbar Komijani said on Friday.

 “It is expected that…

The Money and Credit Council has said henceforth banks must allocate a maximum of 10% of their participatory loans to enterprises under “debt purchase contracts” to help stimulate sales and ease…

The Central Bank of Iran has set up a special regulatory committee to supervise banking issues in the Joint Comprehensive Plan of Action, the official name of the nuclear deal between Iran and the…

Two months after Iran reached a nuclear deal that will open its markets to the world, officials are warning of economic stagnation as consumers hold off on making purchases until western sanctions…

Copper and polymetal exploration tops the Ministry of Industries, Mining and Trade’s “Investment Priority List” during 2015-18, a statement by the ministry reads. Other top priorities include…

Iran’s iron ore exports may stop in 2019 due to low prices and as it consumes more of the raw material in its bid to more than triple steel production by 2025, said an industry executive from…

Tehran Stock Exchange’s main index extended its retreat in the week that ended September 23, going down 579 points or 0.93% to stand at 61,686.

According to TSE data, the First Market Index…

Pharmaceutical giant Novo Nordisk said on Tuesday it would invest millions in Iran, joining a still very small group of European companies to have announced concrete deals in Tehran after it…

Pardakht E-Commerce Company, an innovative partner for online retailers, has expanded its range in Iran’s logistics sector to serve online retailers.