A senior former banker says the planned merger of five banks affiliated to the armed forces with the government-owned Bank Sepah can be a step in the right direction in that it would cut costs…

A trade official from London has travelled to Tehran to test the waters for expanding relations. Simon Penney was appointed last year as the UK trade commissioner for the Middle East,…

The intergovernmental Financial Action Task Force convenes in Paris this week for its plenary meeting. Among other things, it will look into Iran's progress with the Action Plan, the anti-money…

The EU has set no preconditions on implementing the Special Purpose Vehicle that the EU has set up for Iran known as INSTEX, the UK ambassador in Iran said. 

The Swiss government is moving ahead with plans to unveil a humanitarian payment channel for Iran through complex negotiations with different parties in Iran, the US and Switzerland. 

The Central Bank of Iran unveiled its draft policy on cryptocurrencies and invited experts and industry players to send their suggestions.  At the vanguard of the cryptocurrency…

The long-awaited Swiss payment channel for processing food and medicine trade with Iran has been given the finishing touches to become operational, a member of board of representatives of Tehran…

A decision by the Money and Credit Council – a policymaking body - to scrap overnight interest payments has yet to display its full force but the development has become a topic of hot debate…

As Iranian businesses were reeling from the previous round of US sanctions -- scrapped as part of the historic 2015 nuclear deal -- little did they know that something more problematic was…

After two successful offerings of crude oil on Iran Energy Exchange (IRENEX), officials have now rejiged the trading terms based on the needs of stakeholders.  According to Ali Hosseini,…

As stability in the foreign exchange market takes hold, gold prices are also following suit. The benchmark gold coin market dropped again on Tuesday and fetched around 33 million rial ($335),…

The new minister of economy and finance Sunday was surrounded by a weary business community as he addressed board members of the Iran Chamber of Commerce, Industries Mines and Agriculture.

Business leaders and private stakeholders on Sunday convened at the fourth anti-corruption conference as part of their effort to promote transparency and their long-time desire for a level…

After nearly a one-month hiatus prompted by US sanctions, China is resuming its banking relations with Iran, President of Iran-China Chamber of Commerce and Industries said.

Asadollah…

Stocks closed mostly higher on Tuesday, Tehran Stock Exchange's main gauge, TEDPIX, rebounding to snap a two-day losing streak, on the back of newly released earnings reports by companies.…

As the US ramps up its hostility against Iran, several economic sectors have taken a hit. One among many is the global risk rating. Among the benefits of the 2015 nuclear deal Iran signed with…

As the interbank messaging system SWIFT prepares to formally announce the names of Iranian banks that will be disconnected from its platform, it is not clear how the outside world intends to…

Starting today (Thursday) all Chinese banks will suspend their dealings with Iran in response to the second round of US sanctions against the Islamic Republic due to take effect on November 4.…

Sunday marks the first offering of crude oil for export on Iran Energy Exchange (IRENEX) days before new US sanctions on petroleum sector take effect.  The country had made several…

A capital market analyst believes that the Security and Exchange Organization– Iran's capital market regulator– is on the right path in diversifying the market's financial instruments including…

Secretary of the High Council of Free Trade Zones and Special Economic Areas said the establishment of an international bourse in Iran's FTZ's is in the final stages to help attract foreign…

The head of Iran Chamber of Commerce, Industries, Mines and Agriculture called on the government and the Central Bank of Iran to improve oversight of the cumbersome banking system and move it…

Global Export Credit Unions participating in a meeting of the Berne Union Credit and Investment Insurers this week backed sustained cooperation with Iran despite the US move earlier this year to…

The European Union may opt for digital currencies in its dealings with Iran, as it seeks to save the nuclear deal it signed with Iran along with other world powers in 2015 and now in tangible…

The Financial Action Task Force decided once again to suspend its counter-measures against Iran and provide relief to the administration of President Hassan Rouhani, which has been strenuously…