Stocks snapped their downtrend and rallied in Tehran on Monday, as political worries took a pause and low prices spurred bullish bets.
Those worst affected by the rout in the past days rose…
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.
About 3.6 million tons of steel products were exported from Shahid Rajaei Port, Iran’s biggest container port near the Strait of Hormuz, in the last Iranian year (ended March 19), says deputy head…
South Korea has unblocked a large part of Iran's frozen assets, an Iranian petrochemical official said. The news comes after Iran's nuclear agreement with the six world powers came into effect in…
The visit by the central bank governor to Washington three months after the implementation of the nuclear deal is important, the director of the CBI’s public relations department, Mohammad Ali…
Improving the buying power of homebuyers leads to higher demand which in turn helps in easing the recession in the housing sector, Ahmadreza Sarhadi, a housing expert said Friday.
Bank Pasargad Iran released a new version of its mobile banking application which is compatible with Apple Watch. The update also allows BPI customers to access its mobile banking services…
Tourism Bank has obtained a new license from the Central Bank of Iran, which allows the bank to offer new international banking services. According to a press release on Sunday, the bank is now…
Bank Maskan announced it will soon offer construction loans with no deposits for urban sectors. It will also grant additional incentives to projects that make use of energy-efficient techniques…
Tires, tubes and motor oil are some of the commodities in high demand, as Iran’s auto manufacturing industry is one of the biggest economic sectors of the Islamic Republic, after oil and gas,…
Two of the top managers of Germany’s Federal Financial Supervisory Authority, better known by its German abbreviation BaFin, visited Tehran Stock Exchange and met with the head of Iran’s…
A €4 billion investment agreement with Italy’s transportation company ITINERA S.p.A was a major highlight of the recent visit by the European country’s Prime Minister Matteo Renzi, who led a 250-…
Stocks continued to plummet on Tehran’s equity exchanges in their worst drop in nine months, as the best performers of the January rally, due to the lifting of sanctions, led the losses.
Iran’s iron ore prices, on the decline for most of the past year, have started to regain their momentum, reaching $54.5 per ton last week, which is $2.3 higher than the prices on April 7.
Iran’s first exclusive exhibition is scheduled to be held in Rome in October, according to Pietro Piccinetti, director of Fiera Milano International, an Italian trade fair and exhibition…
Soybean meal is an essential source of nutrition for poultry and livestock, which provides them with the required protein in their diet and is of utmost importance in producing meat and chicken.…
Tehran Stock Exchange's main index, TEDPIX, lost 1,603.50 points or 2.01% to settle Saturday trade at 77,984.8.
Iran’s sizable market for rehabilitation equipment and mobility aids is largely dominated by imports, with no serious competition among domestic producers mainly due to the inferior quality of…
British Arab Commercial Bank and Karafarin Bank in a meeting in Tehran agreed to prepare the grounds for starting correspondent relations, as well as treasury operations and currency exchange.…
Bank Saman will close five branches in the next two months, following expansion of its e-banking services and in an attempt to cut costs. The private lender made the announcement on its website…
Central Bank of Iran has been appointed as the director of Islamic Financial Services Board (IFSB) in 2017, the CBI website reported on Saturday.
In the 14th annual general…
A visiting Chinese trade delegation in talks with Iran’s Gold, Jewelry, Silver and Precious Stones Producers and Exporters Association in Tehran has agreed to collaborate in the manufacture of…
Islamic banking is a comprehensive sphere and its reach is more widespread than usury-free banking, Heidar Mostakhdemin Hosseini, a senior economic analyst said this week.
The Indian government is ready to clear the $6.5 billion oil dues to Iran but is waiting for a proper banking channel to be put in place, Oil Minister Dharmendra Pradhan said on…
The International Group (IG) of protection and indemnity clubs has obtained an increased limit of €100 million ($112 million) for its Iran “fall-back” cover, the group announced on Friday.
Bank Saderat Iran managed to increase its resources by 30% in the previous fiscal year (ended March19). According to a press release Thursday. In the said period, BSI also lowered the volume of…
