Economy

Tehran Stock Exchange’s benchmark continued its slow uptrend and inched up slightly on Tuesday, as it rose 15.30 points or 0.02% to end at 63,142.

Senior Iranian officials discussed the state of economy and its prospects in the run-up to the lifting of western sanctions against the country.

Held at the Iran Chamber of Commerce,…

More than 760,000 tons of goods worth $400 million were exported from Markazi Province during the first half of the current Iranian year (started March 21), says the head of Industries, Mining and…

South Korea’s trade promotion agency says it plans to help enterprises make forays into Iran, in view of the forthcoming easing of economic sanctions on the country.

Iran’s free trade and economic zones have adequate infrastructures for attracting foreign investments.

Two top government economic officials have forecasted stability in the foreign exchange market in the coming months as the country gets ready for 'business as usual' and the crippling sanctions…

A study conducted by the Iran University of Science and Technology has challenged the monetary incentive package unveiled earlier this week by the government, FNA reported.

Recalling futile…

French bank Credit Agricole is understood to have agreed to pay $800m (£516m) to settle charges it broke US sanctions in Iran and other countries.

The settlement is expected to be announced…

Export Development Bank of Iran will provide foreign exchange loans worth an aggregate $200 million to support companies exporting technical and engineering services to Iraq, the EDBI website…

Russian insurance industry representatives met with Mina Sediq Nouhi, deputy head of Iran’s Central Insurance Company for reinsurance affairs, the CII website reported. Sediq Nouhi pointed to the…

Iran recently hosted executives from the global computer technology corporation Oracle, said a member of the Executive Board of Information Technology Organization of Iran.

The first marathon of producing Iran’s digital content hosted by Sharif University of Technology will be held in late November, according to a new press release.

Samsung Electronics Company plans to bring forward the unveiling of its next Galaxy S smartphone to January to compete better with rival Apple Inc’s new iPhones, South Korea’s Electronic Times…

The UK economy could receive a boost of more than £90 billion ($139 billion) if companies fully develop their digital potential, a new report claims.

Local technological products will officially begin to replace foreign counterparts, according to a new announcement by a tech official.

Mehdi Karimi Neysani, planning and development deputy…

The banking industry as a key sector in every economy has undergone enormous evolution in the recent decade. Banks and financial intermediaries are the centerpiece for every…

The economic stimulus package unveiled by the government at the weekend was a shift from its anti-inflationary policies to tackling recession by stimulating demand .The package has a six-month…

The Money and Credit Council is set to review nine items of government’s new economic policy package at its Tuesday meeting, Mehr news agency reported on Monday. The 30-point economic plan,…

A former governor of the Central Bank of Iran has urged the Rouhnai administration to start clearing its mountain of debts to banks and other  contractors so that industries get back on their…

Synthetic textile is made from either inorganic products or its combination with organic fibers. It can have superior properties compared to natural fibers such as cotton or silk.

Amid the recent influx of European delegations to Tehran in search of business opportunities, South Koreans have made sure they are not going to be left behind.

They are determined to boost…

Iran will seek bids from international investors for implementing 15 mining projects, with production of zinc to gold and iron ore seen getting a boost with the end of sanctions.

President…

Iran Mercantile Exchange witnessed the offering of 48,300 tons of various grades of bitumen by Pasargad Oil Company on the oil and petrochemicals board on Monday. The board also saw the offering…

Japan Tobacco International has bought an Iranian cigarette maker to reinforce its position as the market leader in a country that hopes to open up to western companies once sanctions over its…

Officials of China’s Xinjiang Uyghur Autonomous Region and Iran’s Khorasan Razavi Province explored avenues of cooperation and investment in addition to expansion of the Silk Road Economic Belt.…