Economy

The presale of Haima S7 SUV has officially started, with Iran's largest car producer, Iran Khodro, slated to begin sales across the country in the coming weeks.

According to Mostafa…

SAIPA's manufacturing line in Iraq is set to increase the production of its Tiba model tenfold by the end of the current Iranian year (March 2016). The company began production in Iraq in 2014,…

The Philippines is racing to supply Iran with bananas despite the difficulties posed by El Nino to Filipino banana growers, an official of the Southeast Asian country’s Department of Trade…

Afghanistan’s Mines and Petroleum Minister Davood Shah Saba called for Iran’s investment in Afghanistan’s mining industry.

Iran Alloy Steel Company, located in Yazd Province, exported more than 9,000 tons of its products worth over $4 million during the first half of the current Iranian year (started March 21), says…

The United Nations Conference on Trade and Development is ready to exchange customs information with Iran’s Single-Window System for International Trade, said regional coordinator of the UNCTAD’s…

Iran Mercantile Exchange recorded the offering of more than 290,000 tons of commodities on Tuesday.

According to IME, 77,000 tons of various grades of bitumen offered by Jey Oil Company, 4,…

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,…