Bank Sepah, the oldest Iranian lender, has managed to lower its ratio of non-performing loans close to 10% and boost its capital adequacy ratio to over 11%, which are both better than the…
Business And Markets
<p>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.</p>
Gold coin prices continued their weeklong surge to reach their four-year high in Tehran’s market on Wednesday.
After significant leaps in recent days, Emami gold coin fetched 13.94…
Tehran Stock Exchange’s main index gained 56.10 points or 0.06% to end Wednesday trade at 88,005.9.
About 911 million shares valued at $35.241 million changed hands in the day.
…
Islamic Revolution Mostazafan Foundation has announced its readiness to supply up to 100,000 tons of cement for reconstruction operations in the quake-stricken Kermanshah Province. This was…
Non-standard imported beams have compromised the safety of over 60% of buildings constructed in Iran, the head of National Iron & Steel Union said.
“Some traders exploit the…
The Iranian mining sector was surrounded by much fanfare following the lifting of nuclear sanctions on the Islamic Republic in 2016.
Government officials and economists, expecting an…
Around 284,450 tons of palm oil worth over 730.15 billion rials ($223 million) were imported into Iran from seven countries during the seven months to Oct. 22, registering close to a 50%…
Iran has ranked 140th in the latest World Economic Forum annual report on “The Global Gender Gap”—a one-notch drop from last year’s 139th.
The WEF report gave Iran a score of 0.583 in…
Tehran Stock Exchange’s main index gained 117.30 points or 0.13% to end Tuesday trade at 87,949.8.
About 985 million shares valued at $44.8 million changed hands on the day.
…
The government’s revenues in the first half of the current fiscal year (March 21-Sept. 22), including tax proceeds, amounted to 567.8 trillion rials ($14.19 billion), registering a 3.7% decline…
As part of the European Union’s trade mission visiting Iran, headed by chief of EU’s Agriculture and Rural Development Commission, Phil Hogan, the exchange of technology and know-how was…
The total volume of term deposits attracted by the Iranian banking system in the six months to September 22 has hit 11.36 quadrillion rials ($275.4 billion), which indicate a growth of 25.5%…
A motion proposed by parliamentarians aimed at reforming the ailing banking system reportedly excludes the limited authority the private sector currently has in financial decision-making, which…
The Central Bank of Iran has reached a deal with the Czech Republic's export credit agency for facilitating and expanding trade ties as well as improving the level of investments.
The…
With the support of the Information and Communications Technology Committee affiliated with the vice presidency for science and technoogy, Iran’s biggest bank has clinched a deal with one of the…
President Hassan Rouhani has submitted to the parliament the bill aimed at joining the International Convention for Combating the Financing of Terrorism.
The US dollar rose close to its highest registered value against the rial on Monday, as the Iranian currency also lost against a slew of other major currencies.
According to Tehran Gold…
Rial has depreciated more than 10% over the last three months against the US dollar and was quoted at 41,360 to the greenback at Tehran's foreign exchange market on Monday.
In response to reports regarding the closure of Iranian bank accounts by UAE banks, the director general of International Affairs Department at the Central Bank of Iran has announced that the…
While the Central Bank of Iran has yet to adopt an official regulatory stance on cryptocurrencies, it has warned citizens and investors against indiscreetly using them, especially the most…
As part of the latest ratifications made by the Cabinet of President Hassan Rouhani on Monday, the Ministry of Economic and Finance Affairs has been permitted to issue the guarantee needed to…
Iran exported more than 39.1 million tons of mineral products worth $5.41 billion during the first seven months of the current fiscal year (March 21-Oct. 22), registering a 5.5% and 3.1% growth…
Tehran Stock Exchange’s main index gained 87.80 points or 0.10% to end Monday trade at 87,832.5.
About 892 million shares valued at $49.37 million changed hands on Monday.
…
The Second International Exhibition of Meat and Related Industries, also known as Meatex 2017, opened at Tehran’s International Fairground on Monday with the attendance of 15 countries.
Heading a 50-member delegation, Agriculture Minister Mahmoud Hojjati was due to arrive in Ghana’s capital Accra on Monday to take part in sixth session of Iran-Ghana Economic Commission. The…
