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October 08,2018
A major part of the Comprehensive Banking Law targeting the struggling banking system and problems of the central bank has been approved, the head of the Monetary and Banking Committee of Majlis...
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October 08,2018
Iran's currency market has lost some of its fluctuating fervor in the past few days, leading to hopes that airlines will also bring down their skyrocketing prices, as some have already done so.
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October 08,2018
The Central Bank of Iran governor Abdolnaser Hemmati said more than $3 billion has been earmarked for the import of pharmaceuticals since the beginning of the current fiscal in March, IBENA...
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October 08,2018
The head of Iran's Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei outlined 12 solutions to the ongoing currency and economic problems.
Private sector officials made...
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October 08,2018
As Iran's housing sector is hard at work fighting off a returning recession triggered by the currency crisis, the state-run agent bank of the sector is pumping out facilities faster than ever to...
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October 08,2018
The sudden heavy losses in the Tehran Stock Exchange in recent days has bewildered analysts and market players alike who had initially dismissed the phenomenon as a natural correction that would...
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October 07,2018
Iran's embattled housing sector is ready to implement a capital gain tax that will resolve many of its longstanding issues, a member of Majlis Economic Commission said.
"The reason that this idea...
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October 07,2018
Iranian lawmakers on Sunday approved a measure that allows Iran to formally join the International Convention for the Suppression of the Financing of Terrorism, clearing a major hurdle to improve...
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October 07,2018
Privately-owned banks have expressed readiness to establish a joint bank with Iraq, said the head of Iran-Iraq Chamber of Commerce.
Speaking to IBENA, Yahya Al-e Es’haq said the bank would...
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October 07,2018
The International Court of Justice (ICJ), the principal judicial organ of the United Nations, will hold public hearings in the case concerning Certain Iranian Assets (Islamic Republic of Iran v....
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October 07,2018
A notable change in recent years, especially in the past few months, in Iran's housing market has impacted the tenancy market, considerably increasing the number of deals .
The common way of...
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October 07,2018
The rout in Tehran stock markets continued on Monday as risk-averse investors reacted to rumors surrounding Iran's accession to the UN Terrorism Financing Convention in early trade with the safe-...
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October 06,2018
About 250.97 billion shares and securities worth 723.32 trillion rials ($5.56 billion) were traded in the Tehran Stock Exchange since the beginning of the current fiscal (March 21) during 127...
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October 06,2018
Selling continued on Saturday for stocks, with the Tehran Stock Exchange main gauge, TEDPIX, logging a third straight drop after getting hit by another jump in the rial value and investor...
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October 06,2018
After enjoying a short period of growth on the back of stable outlooks and government support, Iran's housing and construction sector has once again contracted in the first six months of the...
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October 05,2018
Figures from the Central Bank of Iran show that foreign currency revenues from non-oil exports from August 7 to October 3 through Nima–the Integrated Forex Deals System launched by the government...
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October 05,2018
Tehran stock exchange's main gauge, TEDPIX, climbed 4,924 points or 3% to during the week to October 3, despite consecutive losses brought the market into bear territory on the last two trading...
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October 05,2018
During his Moscow tour the CBI boss Abdolnaser Hemmati met his counterpart Elvira Nabiullina to discuss bilateral banking and financial relations, the CBI website reported on Thursday.
Hemmati...
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October 03,2018
Tehran Stock Exchange’s main index lost 2,700.15 points or 1.43% on Wednesday to end trading at 185,559.3.
About 5.71 billion shares valued at €124.49 million changed hands at TSE for the day....
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October 03,2018
High-level representatives from the private sectors of Iran and Germany convened in Tehran to discuss challenges and come up with mutually beneficial ways of finding solutions to issues created by...
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October 03,2018
The Central Bank of Iran on Wednesday allowed currency exchange houses to sell hard currency up to €5,000 to anyone wanting to buy as the bank struggles to stabilize the foreign exchange market...
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October 03,2018
Iran traded 257,483 tons of non-oil commodities worth $153.97 million with Turkmenistan during the first five months of the current fiscal year (March 21-Aug. 22).
This marks a 37.8% and 14.75%...
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October 02,2018
Non-ferrous metals and mining industries in Iran have remained relatively underrated, considering their notable share of non-oil exports—a major focus for the country, especially in view of the...
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October 02,2018
Stocks lost ground on the Tehran Stock Exchange in a correction phase to cool down recent market overheating, with the benchmark TEDPIX falling for after nine straight positive sessions.
The...
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October 02,2018
A range of new financial products, from Islamic bonds to warrants and insurance-linked securities, are being developed to help give local firms more funding options as US sanctions pile pressure on...