Trade between Iran and Belgium during the 11 months to Nov. 30, 2017, amounted to more than €690.6 million, registering a 22% hike compared with the corresponding period of last year. The latest…
Economy
The Iranian Parliament begins to discuss the Majlis Joint Commission’s version of the fiscal 2018-19 budget on Sunday.
The lawmakers will first approve the general outline of the budget…
Trade between Iran and Greece exceeded €1.23 million during the 11 months to Nov. 30, registering a 92% hike compared with the similar period of last year, based on the latest Eurostat figures…
Iran imported $347 million worth of textiles and apparel production machinery and equipment during the nine months to Dec. 21, 2017, the director general of Textile and Clothing Department at…
More than 20,000 tons of agricultural products worth $24 million were exported from Iran’s Semnan Province during the first nine months of the current Iranian year (March 21-Dec. 21) to register…
Local automaker Kerman Motor will deliver the first batch of Hyundai Accent assembled in Iran next week, the company’s sales manager told reporters on the sidelines of Isfahan Motor Show held in…
Japan’s famed hospitality has just stepped up a gear with the arrival of self-parking slippers, floor cushions, and even tables. A traditional Japanese inn near Tokyo is testing out the new…
German carmakers hope a network of high-power charging stations they are rolling out with Ford will set an industry standard for plugs and protocols that will give them an edge over electric car…
In what the Central Bank of Iran has referred to as the “first step in improving the security level of platforms for people’s monetary transactions”, the regulator has issued a directive stating…
With the aim of stabilizing the gold market, boosting supply and facilitating easier access for people, the Central Bank of Iran is to start the presale of gold coins from Feb. 4, the director…
Tejarat Bank, the Oil Ministry and the National Iranian Oil Company have reached an agreement on devising a new method of finance for oil projects related to crowdfunding.
The news was…
The People’s Bank of China, the central bank of the East Asian nation, has reportedly given the green light to Iranian private sector investors interested in purchasing the shares of Chinese…
Europeans spent much of last year trying to convince US President Donald Trump to do no harm to the nuclear deal Iran signed with world powers in 2015, also known as Joint Comprehensive Plan of…
Buying activity in the Iranian flat steel import market remained sluggish in the week that ended Wednesday, while local prices were more competitive to import.
Iran’s national currency,…
Iran’s Islamic Revolution Mostazafan Foundation and China Railway Academy Company signed a memorandum of understanding in Beijing on Thursday regarding the financing and construction management…
Stocks had a relatively quiet week, as the forex market stole much of the spotlight as well as a large chunk of investors’ liquidity.
The US dollar market seems more attractive for the…
Iranian export billet and slab prices strengthened over the week that ended on Wednesday due to renewed bookings. Metal Bulletin’s weekly price assessment for Iranian export billet was $508-510…
More than three decades of sanctions have not negatively affected Iran's attractiveness as an emerging market.
The country has long been of geostrategic importance because of its…
The jobless rate is forecast by the Plan and Budget Organization of Iran to stand at 12.1% and economic growth to reach 5% in the current fiscal year (March 2017-18).
The average goods and services Consumer Price Index for urban areas in the 12 months ending Jan. 20, which marks the end of the Iranian month of Dey, increased by 10% compared with last year’s…
Trade Development Authority of Pakistan Secretary Inamullah Dharejo said bilateral trade with Iran is unlikely to see a surge as no Pakistani bank is ready to open its branch in the country due…
Regional turboprop manufacturer ATR is hopeful that worsening relations between the US administration and Iran will not hinder its business ties with Tehran.
ATR delivered eight aircraft…
Iran-UK trade stood at over €260 million during the 11 months to Nov. 30, 2017, registering a 29% rise compared with the similar period of last year, based on the latest Eurostat figures shared…
The Iranian flag carrier airline, Iran Air, will resume Tehran-Baku flights from Jan. 29, Mohammad Mir Rezaie, general director of Iranian travel agency Aysanparvaz, told Azerbaijan Press Agency…
About $73 million worth of unprocessed agricultural products, including raisins, honey, pistachios and cucurbit crops, were exported from Qazvin Province in the 10 months to Jan. 21, an official…
