More than 26,000 tons of goods worth $35 million were exported via Razi-Kapikoy border with Turkey, near the city of Khoy in East Azarbaijan Province, during the first quarter of the current…
Economy
A memorandum of understanding was signed between Afghanistan and Sistan-Baluchestan’s chambers of commerce in a meeting attended by director of Afghanistan Advisory Board of National Entrepreneurs…
The 14th Iran-Turkmenistan Joint Economic Commission was held on July 25-27, co-chaired by Iran’s Minister of Roads and Urban Development Abbas Akhoundi and Turkmenistan’s Deputy Prime Minister…
Early August will see the berth of the first French container ship in Iran’s largest and most advanced container port, Shahid Rajaei Port, announced the general manager of Hormozgan Ports and…
The 8th Iran-Zimbabwe Joint Permanent Commission, co-chaired by Iran’s Minister of Cooperatives, Labor and Social Welfare Ali Rabiei and Zimbabwe’s Foreign Minister Simbarashe Mumbengegwi,…
Oman and the UAE, which have had strong trade and investment links with Iran in the past, would likely benefit most from the lifting of trade sanctions on Iran because this would open the way…
More than nine years after the declaration of general policies of Article 44 of Iran’s Constitution by the Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei, which calls for privatization…
Another bad trading day at Tehran Stock Exchange dramatically weighed on the benchmark to tumble 536 points or 0.8% to settle at 66,441.4. This is the TEDPIX’s seventh consecutive day in red.
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Steel trading at Iran Mercantile Exchange experienced 43% growth in volume and 36% growth in value during the week ending July 24 over the preceding week, while 296,000 tons of various commodities…
Uncertainties in the equity market weighed on Iran Fara Bourse’s overall index to shed 5.21 points or 0.66% and close at 782.24. The IFX wrapped up its third consecutive trading day in red. As IFB…
French carmaker Renault is in talks to buy a minority stake in its Iranian joint venture, the Wall Street Journal cited an executive at the Iranian firm as saying. Nasser Aqamohammadi, managing…
Iran Khodro Spare Parts and After-Sales Services Company has been declared the best after-sales service provider in the country for the third consecutive year.
Renault Pars, Renault's local subsidiary in Tehran, has announced plans to release an automatic version of its Duster model.
So far, the Duster high-chassis vehicle has been available in…
While a lot of attention after and even before Iran clinched a nuclear deal with the P5+1 group , namely France, China, Russia, the US and the UK and Germany, in Vienna on July 14 has been on…
Iran produced 1.42 million tons of crude steel in the month of June, up by 1.5% compared with June 2014 and superseding France as the 13th largest steel producer in the World Steel Association’s…
Iran Fara Bourse’s main index IFX notched down 4.33 points or 0.56% to close at 787.45 on Sunday. As IFB reported, more than 85 million securities traded at IFB, valued at more than $385 million…
The comprehensive deal on the Iranian nuclear issue was made only a fortnight ago, yet western companies, excited by Iran’s rich oil reserves and enormous market, cannot wait to return to the…
A bustling day at Iran Mercantile Exchange saw the offering of various commodities on the oil and petrochemical trading floor on Sunday.
The majority of stocks kept retreating on Sunday, weighing on Tehran Stock Exchange’s benchmark to slip 59.13 points or 0.09% to 66,977.2. TEDPIX recorded its sixth consecutive trading day in red…
Foreign currencies rallied against the rial on Sunday as the uncertainty surrounding sanctions relief following the nuclear deal between Iran and P5+1—US, Britain, France, Russia, China and…
International credit rating agency Capital Intelligence improved its outlook for Iran and its currency, the rial, on Sunday, reflecting the improving prospects of Iran after agreeing to limit its…
Western and Middle East insurance specialists see Iran as an appealing $8 billion market in the wake of its nuclear deal with world powers.
Governor of the Central Bank of Iran Valiollah Seif has urged bankers to restrain themselves from indulging in “illusory competition” when engaging in international transactions in the post-…
Austrian President Heinz Fischer is scheduled to visit Iran on September 7-9. According to Mehr News Agency the visit is aimed at promoting trade and sustainable economic ties between Tehran and…
The government will not be able to invest in transportation infrastructure in ten years’ time, says the Minister of Roads and Urban Development.
“In the best-case scenario, the revenues…
