Extended sanctions on the banking industry have brought about negative consequences for the sector, Tahmasb Mazaheri says, the website banker.ir reported.
Business And Markets
Iran Business And Markets News, Get the latest business news about Iran including banking, stock market, real estate market, steel industry, mining, trade finance, fintech and insurance.
The government should avoid compiling and dictating rules and regulations on behalf of banks and lending institutions, a member of Tehran Chamber of Commerce, Industries and Mines said Wednesday…
Iranian petrochemical companies are more inclined toward Europe and the United States than China when seeking finance and funds for their projects. Chinese investors reportedly charge exorbitant…
Four new companies have introduced futures contracts on their shares this week.
Stock futures are this year’s innovation in Iran’s equity markets. The Securities and Exchange Organization…
Tehran Stock Exchange's benchmark inched up 0.70 points or less than 0.01% to end at 62,923.7 on Wednesday's close.
Iran Mercantile Exchange’s industrial and mining trading board witnessed the offering of 12,000 tons of aluminum oxide by Iran Alumina Company on Wednesday.
Exploration and exploitation of mineral-rich zones across the country will be handed over to the private sector, says director general of Mineral Exploration Department of Iranian Mines and Mining…
Ever since the fall of the Soviet Union, which led to Armenia’s independence, Tehran and Yerevan have enjoyed close political and cultural ties.
Nevertheless, according to First Vice…
Investors are increasingly looking into business opportunities in Iran, as the lifting of economic sanctions from the country nears, the Dubai office of regional law firm Al Tamimi & Company…
The Central Bank of Iran is not yet done with lower interest rates and may announce further cuts, CBI governor, Valiollah Seif, said in a statement.
Lawmakers have cast doubt on the effectiveness of the long-awaited banking reform bill that the government intends to submit to the legislature by the end of the month, Sarmad news website…
Most Iranian banks will be able to reconnect to the SWIFT financial-transactions system, a key to rekindling foreign trade, once Iran’s nuclear-related measures have been verified, SWIFT said on…
Iran has purchased 2.8% of shares in the Asian Infrastructure Investment Bank's (AIIB), deputy economy minister for foreign investment affairs said Tuesday.
A band of criminals trying to hack into Bank Melli’s accounts was identified and stopped by the timely reaction of the bank’s officials in cooperation with Tehran’s Intelligence Bureau, reported…
The Money and Credit Council has voted against doubling Jualah contract loans (a type of low-interest Islamic loan) to 200 million rial ($ 6,667) from the current 100 million rial. It, however,…
Representatives of Tehran Stock Exchange and Iran Fara Bourse have been invited, along with chief executives of leading Middle East exchanges, to discuss foreign investment opportunities at the…
Iran Mercantile Exchange’s oil and petrochemicals trading board witnessed the offering of more than 53,450 tons of polymers, 38,600 tons of bitumen and 5,500 tons of sulfur on Tuesday. The…
Competition in the global iron ore market has become so intense following a glut in low-cost supplies that Iranian exporters have abandoned efforts to court overseas sales. Instead, they are…
Tehran Stock Exchange ended Tuesday trade in green, as TEDPIX gained 119.70 points or 0.19% to settle at 62,923 .
With Iran’s capital markets just opening up, the money market has been the dominant force behind financing businesses in the recent past.
The money market has been financing 90% of business…
Iran’s lack of an integrated debt market is considered as a major obstacle to growth by experts who see the debt market as the best available recourse to raise money when the economy is under…
The Management and Planning Organization has approved allocation of two trillion rials ($66.7 million at the official exchange rate) for subsidizing housing loans, head of the Urban Development…
The Central Bank of Iran is pursuing two plans to facilitate commerce with the world when the international sanctions are lifted.
Interaction between supply and demand patterns and the built-up area (aka carpet area) of housing units is one of the crucial issues in housing markets. In other words, builders need to be update…
About 250,000 tons of copper will be produced by the end of the current Iranian year (March 19, 2016), to register a 17% growth compared to last year, says the managing director of National…
