Business And Markets

Governor of the Central Bank of Iran Valiollah Seif met with a visiting business delegation from Germany on Tuesday, as the deadline for a final nuclear agreement between Iran and the six world…

With Iran now closer than ever to an agreement with the West over its nuclear energy program, local financial institutions are poised to regain access to international markets but Iranian banks…

Iran’s primary insurance regulator said on Wednesday “financial prosperity, effective management and transparency” are among factors playing key roles in the development of insurance industry.

The giant Indian holding company Tata has offered to invest in Iran's mineral and tourism industries, Eghtesad News reported.

The proposal was made during a meeting between the head of Tata…

The Central Bank of Iran has extended the repayment period to three years for loans granted to both farmers and agricultural institutions that are either adversely affected by natural disasters or…

The mortgage scheme for first-time buyers has received a strong reception from applicants with 1,600 accounts opened in Bank Maskan in the first three days since the plan was launched.

Minister of Economic Affairs and Finance Ali Tayyebnia said establishing more development banks can be a boon for Iran’s business environment since the main task of such banks is to finance both…

A central bank's mandate is to control inflation and maintain the value of a country's currency. For the Central Bank of Iran, those mandates have become mired with the government's policies and…

More than 2.84 million tons of crude steel were produced domestically during the first two months of the current Iranian year (March 21- May 21, 2015), nearly 2,000 tons more than production in…

Ever since January 2015, stock trading at Tehran Stock Exchange has been in tatters. A report released by the economic daily Donya-e Eqtesad shows that only on three occasions has the gloomy…

Governor of the Central Bank of Iran Valiollah Seif has ruled out any “hasty” action in confronting illegal financial institutions, saying the ordering of these institutions should be done…

Housing is one of the most vital sectors of the economy. The sector ranks first in terms of market value, leaving other sectors in the dust and impacting the investment market in many ways.

Fifty-seven grades of polymers were offered by 17 local petrochemical complexes at Iran Mercantile Exchange spot market on Tuesday, IME reported.

Deputy minister of industries, mines and trade, Hossein Aboui Mehrizi, has predicted the industrial and mining sectors will experience 6% growth by the end of the current Iranian year (to end…

Gholamreza Salami, a senior advisor to the minister of roads and urban development, has addressed the issue of converting Bank Maskan (Housing Bank) into a development bank, a move that can help…

Bank Saderat Iran is starting to sell its non-banking subsidiaries in response to a call made by the Ministry of Economic Affairs and Finance, as it seeks to increase its working capital.

An agreement was signed between the Association of Home Developers and the Ministry of Roads and Urban Development, which allows home builders to receive construction loans from commercial banks…

Following a trend that began Saturday, the price of gold coins in Iran dropped to its lowest level in four months on June 15.

Based on a new approval by the Central Bank of Iran, banks are obliged to regard guaranteed purchase agreements for goods and services submitted by the private sector and buyback agreements signed…

Despite 10-20% tariffs imposed on the import of steel products, domestic steel manufacturers still suffer from steel dumping by China and Russia, according to secretary of the Iranian Steel…

In view of the massive potential lying ahead of the Iranian industries after the removal of sanctions and the fact that Iran is one of the world’s biggest untapped markets enjoying a diverse range…

After two days of uptrend at Tehran Stock Exchange, the overall index wiped out most of the gains it had accumulated on Monday to underscore the bearish sentiment at the equity market. This is…

Iran Mercantile Exchange featured granulated iron ore, bitumen, sulfur lumps and roof insulation in a bustling trading day on Monday, IME reported.

The construction sector in Iran has always been a lucrative option for investors and industry owners. Burgeoning demand for buildings and housing units has increasingly led to the need for new…

The former deputy of legal affairs at the Central Bank of Iran voiced opposition to a recent decision by the High Council of Statistics (approved on June 9) that the Statistical Center of Iran…