The US dollar, the most widely traded currency in Tehran’s foreign exchange market, once again gained against rial in both the open and official markets on Wednesday. The greenback was traded…
Economy
Economy
Minister of Roads and Urban Development Abbas Akhoundi has called on the administration to reduce top-down interventions aimed at solving challenges facing major metropolitan areas and to…
Economy
Amin Investment Company CEO, Saeed Bodaghi, announced the initiation of “Center for Health Solutions” as the first center for financial advisory services in health sector, stating: “The…
Economy
The Central Bank of Iran's governor has declared that the administration has no interest in letting foreign exchange rates climb and that it will take measures to keep the forex market stable.…
Economy
The Ministry of Roads and Urban Development is coming up with innovative tools to finance the key housing sector in the coming years, its deputy for housing said.
Economy
Iran’s largest auto manufacturer plans to issue the largest volume of Islamic bonds the Iranian capital market has seen issued by one entity.
Economy
The Third International Exhibition on Pharmaceuticals and Related Industries, also known as Iran Pharma 2017, opened in Tehran on Tuesday.
Attended by top industry officials and more…
Economy
The plan to purchase $403 million worth of facilities for Chabahar Port has made 37% progress, the managing director of Aria Banader Iranian Port and Marine Service Company said.
The…
Economy
Tehran Stock Exchange’s main index gained 54.60 points or 0.07% to end Wednesday trade at 83,523.8.
About 775 million shares valued at $75.92 million changed hands for the day.
…
Economy
Iran says the deals it signed with plane manufacturers after the lifting of nuclear sanctions hit unexpected hurdles due to the anti-Iran policy under US President Donald Trump.
Economy
Iran plans to set up an export services company in Iraq to provide legal, financial and marketing assistance to Iranian exporters to the neighboring country, said Hamid Hosseini, secretary-…
Economy
Thai Products Exhibition, organized by Thai Ministry of Commerce and the Thai Embassy, was held in Tehran at Parsian Azadi Hotel this week.
Economy
Minister of Industries, Mining and Trade Mohammad Shariatmadari has promised to keep tariff rates unchanged for the next four years and any change will be limited to emergency situations, the…
Economy
PSA Group will present a restructuring plan for its Opel brand in November. CEO Carlos Tavares said PSA will urge Opel to improve its sales to individual customers.
He also said it is…
Economy
At a factory in northern China making Hyundai cars, employees are not sure from one day to the next whether their workplace will be open. Chinese buyers are shunning the automaker because of…
Economy
The UK’s controversial rejection of the European Union has claimed its first automotive victim, but it’s almost certainly not the car anybody thought about. It is not a car from British…
Economy
Bank Sepah, a major Iranian commercial bank, plans to open branches in China, South Korea and Iraq in the near future.
Economy
The multibillion dollar South Korean deal to finance Iranian projects and the recent agreement between major Iranian private banks and their South Korean counterparts to boost correspondent ties…
Economy
September has been yet another bullish month for the US dollar in Iran’s foreign exchange market. On Tuesday, the greenback once again gained against rial to reach its highest value since the…
Economy
Iran and Brazil underlined the necessity of improving banking relations to boost bilateral trade and investments.
These and other issues were discussed in a meeting attended by Brazilian…
Economy
Iran Khodro on Tuesday said its trucks division, Iran Khodro Diesel, has signed a deal with Mercedes-Benz Daimler to import heavy duty vehicles.
The deal was signed at a Daimler factory…
Economy
Majlis Research Center has revised up the current fiscal year’s (March 2017-18) economic growth estimate by 0.2%.
The center projects a 3.9% GDP growth for the year, largely thanks to…
Economy
Iran exported 6,200 tons of eggs to Afghanistan, Qatar and Iraq during the three months to August 22, the head of the Union of Producers of Egg-Laying Hen said.
Last Iranian year (ended…
Economy
President of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei signed a memorandum of understanding with his Ukrainian counterpart, Gennadiy Chyzhykov, on Monday…
Economy
Turkish Deputy Prime Minister Bekir Bozdag has defended a former Turkish minister who had recently been charged with conspiring to violate US sanctions against Iran, stressing that trade…
Economy
