Following a national currency swap deal that was recently implemented, Iran and Turkey are now pursuing the integration of bank cards in a move aimed at helping the massive flow of tourists…
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.
Iran’s economic sectors received a total of more than 9.35 million counts of loans valued at 6.13 quadrillion rials ($145.95 billion) from banks and credit institutions during the previous…
The production units of Iranian industrial parks exported $2.18 billion worth of commodities in the last fiscal year (March 2017-18), IRNA quoted deputy minister of industries, mining and trade…
Major Iranian lead and zinc producers extracted 928,932 tons of ores in the last fiscal year (March 2017-18), according to the Iranian Mines and Mining Industries Development and Renovation…
US President Donald Trump’s threats to leave the nuclear agreement has so far made no direct impact on Iran Air’s contracts to buy airplanes from western planemakers, an advisor to the minister…
Section-3 of Khwaf-Herat Railroad, part of Iran-Afghanistan rail corridor, has made 80% progress, according to a delegation of the Islamic Republic of Iran Railways which recently visited Herat…
Tehran Stock Exchange’s main index lost 473.72 points or 0.5% on Sunday compared to the day before to end trade at 93,810.7.
About 697 million shares valued at $43.75 million changed…
The Central Bank of Iran has released new guidelines for the way banks' capital adequacy ratios are calculated.
According to a circular published on CBI's website on Saturday, the…
When top-level officials and business representatives gathered in Tehran on Saturday as part of the two-day Sixth Iran-Europe Banking and Business Forum, the shadow of US President Donald Trump’…
The Iranian banking network paid 37.5 trillion rials ($870 million) to 218 knowledge-based companies during the previous Iranian year (March 2017-18).
Minister of Information and Communications Technology Mohammad Javad Azari-Jahromi said on Saturday his ministry has prepared a preliminary prototype of the national virtual currency in…
An official with the Trade Promotion Organization of Iran said the registration of import orders has resumed at import registration website (Sabtaresh.tpo.ir), following the government’s new…
Tehran Stock Exchange’s main index lost 511.61 points or 0.54% on Saturday compared to the day before to end trade at 94,284.5.
About 460 million shares valued at $21.48 million changed…
The Iranian government is seeking to develop the domestic bond market under the Sixth Five-Year Development Plan (2017-22).
It established the Debt Management Office in 2015, which…
The Central Bank of Iran has released its latest report on Tehran's housing market, painting a stark picture of the falling number of home sales and price jumps higher than inflation for the…
Iran’s minister of communications and information technology has addressed the recent ban on cryptocurrency trade and efforts by the country to develop its own virtual currency.
Governor of the Central bank of Iran Valiollah Seif has advised foreign currency depositors to be wary of banks’ credibility and behavior when trusting their hard currency with them. Seif…
President Hassan Rouhani sought to assure the private sector of the long-term effects of the government's new foreign exchange policy, saying the measures are aimed at market stability and…
Minister of Industries, Mining and Trade Mohammad Shariatmadari inaugurated an MDF panel production plant in East Azarbaijan Province on Tuesday. Adopen Plastic Persian Industrial Company, which…
Mines operated by National Iranian Copper Industries Company produced a total of 1.14 million tons of copper concentrate in the last Iranian year (ended March 20, 2018) to register a 6% rise…
Iran is finalizing about €2 billion of investment from Europe in copper and steel projects despite threatened new US sanctions, a government official said on Wednesday.
"Early talks are…
Tehran’s equity traders faced concerns, as they began the second month of the year with three days of straight losses.
However, Tehran Stock Exchange and Iran Fara Bourse rebounded…
US prosecutors in New York have been investigating whether Chinese tech company Huawei violated US sanctions in relation to Iran, according to sources familiar with the situation.
Since…
After hinting at a possible free trade agreement between the two oil-rich countries, a Russian delegation said it was in Iran to explore the future for imports.
Russian Prime Minister…
Iran exported 181,097 tons of zinc products valued at $386.7 million during the previous fiscal year (March 2017-18), dropping 4.9% in tonnage and growing 46.9% in terms of value year-on-year,…