The Central Bank of Iran's governor mounted a strong defenseof the four-year performance of his bank as an extension of the economic policies of President Hassan Rouhani who seeks reelection on…
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>
The Islamic Republic of Iran Customs Administration has banned the import of scrap metals from Iraq and Afghanistan following a request from the Trade Promotion Organization of Iran.
When major players of the Iranian banking system next convene in the foreseeable future, addressing the oft-visited dilemma of interest rates will be on top of their agenda, the head of the…
China Export & Credit Insurance Corporation (commonly known as Sinosure) will provide export insurance for Chinese construction and production investments in Iran.
As attested by officials in the past few weeks, there will be no surprise price hike similar to the ones witnessed a few years ago, assured a deputy minister of roads and urban development. “It is…
Rumaila, a natural gas combined cycle power plant with 12 gas and 6 steam turbines, is to be implemented at a cost of $2.5 billion by the Iranian MAPNA Group in Basra, southern Iraq.
Spain’s ambassador to Iran announced that his nation’s banks are ready to finance the petrochemical industry, which facilitates Iran’s interaction with European companies.
Seven thousand jobs were created following the government’s allocation of $4.5 billion in loans to small- and medium-sized enterprises in the fiscal March 2016-17, the Ministry of Industries,…
The annual turnover of the sector dealing with Iran’s highly competitive university entrance exam, better known as Concours, stands at more than 40 trillion rials (about $1.06 billion), a veteran…
Tehran Stock Exchange’s main index added 83.30 points or 0.10% to end Monday trade at 79,744.2.
More than 4.8 billion shares valued at $570.7 million changed hands for the day.
…
The Central Bank of Iran has denied any case of hacking in the domestic banking sector, saying that the banking network is strong enough to protect depositors’ money against cyber threats.
Iran's industrial sector has managed to repay 4.5% of its debts to the banking system over the past four years, said the minister of industries, mining and trade.
Mellat Bank Yerevan, a subsidiary of Iran’s Bank Mellat, will open a new branch in Georgia by the end of the first half of the current Iranian year (Sept. 22), said Bank Mellat’s chief executive…
Bank Melli Iran's ratio of non-performing loans to total loans currently stands at 7.7%, about 3% lower than the average ratio for the domestic banking system, announced the chief executive of the…
Similar to other top-tier officials, deputy economy minister for banking affairs believes that Iran will be able to quit the Financial Action Task Force’s blacklist of high-risk countries.”We hope…
An economic delegation from South Africa will take part in a forum with their Iranian counterparts in Tehran on May 14.
In addition to being a powerful means of intercultural communications, books contribute considerably to other fields as well, especially economy.
With this aim in mind, the 30th Tehran…
Labor Minister Ali Rabiei said the coalmine in northern Iran, which was hit by an explosion this week, is not expected to reopen for six months.
The explosion occurred on Wednesday at the…
Tehran Stock Exchange’s main index lost 36.50 points or 0.05% to end Sunday trade at 79,660.9.
More than 980 million shares valued at $110 million changed hands for the day.
Jooshkab…
Anzali International Permanent Fairground will host the first international exhibition of gold, jewelry, silver, watch, gemstones and related industries from May 16 to 19. All gold transactions at…
Tehran Stock Exchange’s main index lost 271.80 points or 0.34% to end Saturday trade at 79,697.4.
More than 980 million shares valued at $77.6 million changed hands for the day.
…
The outlook for the production and exports of Iran’s semi-fabricated copper products was presented by Saad Abdi, the National Iranian Copper Industries Company’s planning and supervision manager,…
Governor of the Central Bank of Iran Valiollah Seif announced that the second phase of waiving late payment penalties for non-performing loans will be implemented soon. In the second phase of…
While it could be a time-consuming process, the stagnating housing sector is on track to reenter a period of growth without stoking inflation, the deputy for economic affairs at the Central Bank…
The National Iranian Oil Company exports 2.5 million barrels of crude oil and gas condensates per day to customers from Asia to Europe and the Central Bank of Iran receives the full sale revenues…
