The project to electrify a railroad connecting the Iranian city of Garmsar in Semnan Province with Inche Borun near the border with Turkmenistan will double the maximum speed on the link, while…
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.
ATR has applied for a new export license from the US Treasury Department’s Office of Foreign Assets Control to allow it to deliver the final 12 ATR 72s of an order for 20 of the 70-seat…
Prospective homebuyers who tap into the homeownership initiative launched by Bank Maskan, the agent bank of the housing sector, will soon have the option of making a pre-purchase, the chief…
A total of 38,101 deals worth more than 64.05 quadrillion rials ($1.51 trillion) were conducted in Iran's interbank market during the previous fiscal year that ended on March 20, 2018, the…
Candidates attending international exams are eligible to apply for foreign currency at the official rate, the Central Bank of Iran said in a letter to the National Organization of Educational…
The initiative to reform the country’s banking system is in its final stage with financial stability being at the core of the measures, the vice governor of the Central Bank of Iran said.
Tehran Stock Exchange’s main index gained 1,242.97 points or 1.14% on Monday to end trading at 109,937.1.
About 951 million shares valued at $67.45 million changed hands at TSE for the…
Iran Privatization Organization has sold 1.02 trillion rials ($24.4 million) worth of state-owned assets via tenders so far this fiscal year (started March 21).
Gold deposits discovered in Iranian mineral zones have added 40 tons to the country’s reserves, deputy minister of industries, mining and trade said on Monday.
The average price to earnings ratio of Tehran Stock Exchange-listed companies stood at 6.64 for the first quarter of the current fiscal year (March 21-June 21).
The ratio has grown 3.1%…
Aziz Ahmad is one of the unlikely winners of the standoff between the United States and Iran, turning his modest transport service into an international foreign exchange operation that is…
The Organization for Economic Cooperation and Development (OECD) downgraded Iran's rating in the country risk classifications of the Participants to the Arrangement on Officially Supported…
There has been a substantial growth in the value of coverage provided by Mining Investment Insurance Corporation to investors in the mining sector in the previous Iranian year (ended March 20,…
The Central Bank of Iran on Sunday published the full list of companies that have received foreign exchange for imports at the preferential rate of 42,000 rials.
Iran's First Vice President Es'haq Jahangiri has sent a directive to all ministries and other related entities, which requires exports to significantly accelerate the process of repatriating…
Iran now has about four months to pass legal measures through parliament to would address shortcomings vis-à-vis the Financial Action Task Force’s action plan for the country, but reformists are…
Tehran Stock Exchange’s main index lost 2,834.12 points or 2.54% on Sunday to end trading at 108,694.1.
About 1.56 billion shares valued at $93.97 million changed hands at TSE for the…
Iranian Mines and Mining Industries Development and Renovation Organization inaugurated 23 mineral projects worth $2.3 billion in collaboration with the private sector last fiscal year (March…
Given the key parameters of Iranian economy, inflation rates of above 20% are not improbable for the current fiscal year (March 2018-19), Iranian economist and university lecturer, Vahid Shaqaqi…
Shiraz International Airport saw a 12% rise in the number of flights during the first three months of the current Iranian year (March 21-June 21) compared with last year’s corresponding period…
The Financial Action Task Force decided once again to suspend its counter-measures against Iran and provide relief to the administration of President Hassan Rouhani, which has been strenuously…
The Iranian media have been reporting for the past week that changes in the economic team of President Hassan Rouhani’s administration are expected, after forex, gold coin and housing woes…
The Majlis Economic Commission has put in motion three plans to improve the country’s economic conditions, all of which concern the ailing banking system and will materialize in a matter of…
A high-level Iranian economic delegation met with top executives of Bank Sohar, Oman’s fourth largest bank by assets, in Muscat on Thursday to explore ways to step up bilateral ties. The meeting…
Tehran Stock Exchange’s main index gained 203.39 points or 0.18% on Saturday to end trading at 111,528.2.
About 1.19 billion shares valued at $70.44 million changed hands at TSE for the…
