Iran’s historic nuclear deal and the lifting of sanctions should bring the country back into the global community.
Oliver Bell, portfolio manager for T. Rowe Price’s Global Frontier Markets…
Economy
Bahar Azadi gold coin sold for a record 10.030 million rials ($332) on Saturday, a 3.08% increase, compared with the previous day’s close.
According to the Statistical Center of Iran, the average price of land or residential buildings in the first half of the current fiscal year (March 21-November 21) was 11.7 million rials ($389)…
Banks are the arteries of the economic system and highways for financial, monetary and economic links to the outside world, President Hassan Rouhani said on Saturday.
Bank Ayandeh has launched a so-called “idea bank” system to help enhance cooperation with its customers and promote value added services. According to banker.ir, the service allows customers to…
The Central Insurance company of Iran and two UK insurance firms, held a joint training event on recent trends and innovations in engineering and construction insurance. Tom Wylie, head of…
Kish Airlines, which operates in Iran’s southern tourist hub and free trade zone of Kish Island, has signed a contract with French planemaker Airbus to buy two A321 passenger planes, which will be…
Russian rolling stock and defense group Uralvagonzavod has completed a Type 12-581-01 open wagon custom-designed for export to Iran by its Ural Design Bureau of Wagon Construction. This has been…
Iran and Norway have signed a memorandum of understanding on cage fish farming off Iran’s southern Qeshm Island. The chairman of the board of director of Rivas Company–the Iranian private sector…
Foreign investors will receive tax breaks under the sixth five-year development plan (2016-21), IRNA quoted the Iranian National Tax Administration’s head of human resources, Nader Jannati, as…
Throughout history, the path to industrialization has been paved with steel, and Iran, as a country with an emerging economy in need of bolstering its industries, has put the development of the…
While the lifting of sanctions against Iran on Jan. 16 marks a turning point in the normalization of its relations with the international community, it also points to the dawn of a new era in…
The future of the Italian Grand Prix at Monza remains uncertain after this year with Formula One's commercial supremo Bernie Ecclestone saying on Friday that a deal had become more complicated.
Russia's biggest carmaker AvtoVaz issued a plea for help to shareholders, including Renault, on Friday, after plunging demand at home drove it to a record loss and an audit revealed its frail…
Having withdrawn from Iran in 2013, Kansai Paint plans to buy back into a former joint venture, following the lifting of economic sanctions against the Islamic Republic.
Automaker Volkswagen says global sales rose 3.7% in January, held back by sagging economies in Brazil and Russia and by an emissions scandal that hurt figures in the United States.
The…
PSA Peugeot Citroen has over the past week not responded to claims by its local production partner Iran Khodro about "compensation" paid as part of the new joint deal.
South Korea will provide comprehensive financial support to local companies wanting to enter the Iranian market, the South Korean trade and industry minister reiterated on Friday.
Seoul…
An auction is planned for March 8 to sell the banking sector's excess assets, said Hassan Yamani, head of the Company for Selling Banks’ Excess Assets (FAM) on Friday.
Reforming the Central Bank of Iran is the first step to overhaul the domestic banking system, Houshang Khastoui, head of the Association of Chartered Accountants said.
The Iranian SHAPARAK payment and settlement network processed 814 million transactions in the Iranian month ending December 21, marking a 31% growth year-on-year. The total value of transaction…
SWIFT, the international interbank messaging network, has processed 142,000 transactions for Iranian banks since the lifting of the sanctions against Iranian on Jan. 17 until Feb. 8, Central Bank…
The Bank of Tokyo-Mitsubishi UFJ (BTMU), Japan’s largest bank, has resumed transactions with Iranian banks, including payments for Iranian crude oil bought by Japanese refiners, a company official…
Greek Prime Minister Alexis Tsipras on Monday became the first western leader to visit Iran since the lifting of trade sanctions against the Middle Eastern nation, as Greece aims to become a…
Stocks on Tehran Stock Exchange ended the week 4.7% higher in the market’s fourth consecutive week of gains, bringing equities to their highest in nearly 23 months.
Trading kicked off on…
