The first deputy speaker of the Majlis called for better and more developed interactions between the parliament and the Central Bank of Iran, considering the importance of the bank’s operations…
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.
The Central Bank of Iran has devised 54 projects and platforms as part of its 2021 Roadmap that outlines an innovative, flexible and strong future for the banking system, announced the bank’s…
The shock passing of Ayatollah Akbar Hashemi Rafsanjani on Monday prompted an outpouring of condolences from Iranian and foreign dignitaries who mused not just on the distinguished political…
Close to 400 million tons were added to Iran’s proven reserves of iron ore over the past one year, following the discovery of new deposits in the east of the country, said the head of Iranian…
Iran’s import of steel products during the nine months to December 20 declined by 24% to stand at 2.3 million tons.
This is while crude steel imports stood at 179,000 tons, registering a…
Tehran Stock Exchange’s main index shed 223.89 points or 0.28% to end Monday trade at 78,609.50.
About 857 million shares valued at $49.1 million changed hands for the day.
Iran…
The Central Bank of Iran is obligated to allocate interest-free loans to socially vulnerable people covered by two main charity organizations, announced the head of Majlis Joint Committee for the…
The Iranian banking sector’s ratio of non-performing loans stood at 11% by September 20, down from 13.6% in September 20, 2014, the Central Bank of Iran’s governor announced.
Iran’s National Tax Administration has issued a new directive to the banking system, devising a ceiling for loans and a slew of other banking services for taxing individuals and businesses.
Based on guidelines approved by the Money and Credit Council, Iranian banks have been obligated to allocate at least 11.6% of their loans to the agriculture sector.
Iran’s green banks will be introduced during the First Conference on Green Banking in mid-February, the head of the Department of Environment announced on Sunday.“We have been holding talks with…
Iran’s iron ore production currently exceeds domestic demand by about 12 million tons, said the chairman of Iron Ore Producers and Exporters Association, Qadir Qiafeh. The IROPEX forecasts that…
Government tax revenues in the first half of the current Iranian year of 1395 (started March 20, 2016) amounted to 433.1 trillion rials, which is below the legislated amount of 529.1 trillion…
Tehran Stock Exchange’s main index added 6.9 points or 0.01% to end Sunday trade at 78,833.4.
About 862 million shares valued at $34.3 million changed hands for the day.
Sina…
The governor of the Central Bank of Iran said the bank's independence is the byword for the realization of Resistance Economy tenets in the county's monetary policymaking.
"The most…
A credit line of 450 trillion rials ($14 billion at market exchange rate) has been earmarked to complete the controversial Mehr Housing project, announced the head of Majlis Civil Affairs…
The Central Bank of Iran has received $7.2 billion from three foreign banks, namely Exim Bank of China, Italy’s Mediobanca and Denmark’s Danske Bank, a top CBI official announced on Saturday.
The Central Insurance of Iran has finalized assessing insurance firms’ solvency margin ratio for the current fiscal year (started March 20, 2016), according to which 17 out of 26 firms have been…
The industrial sector saw the highest growth of 9.1% during the first six months of the current fiscal year (started March 20, 2016) among other economic sectors of Iran, the Statistical Center of…
Tehran Stock Exchange’s main index shed 163.80 points or 0.21% to end Saturday trade at 78,826.5.
About 989 million shares valued at $33.4 million changed hands for the day.
Saipa…
Iran is in talks with American home appliance makers General Electric and Whirlpool, as well as Italy’s Ariston, to revive bankrupt domestic manufacturers, including Arj, according to an official…
The Fourth International Exhibition of Nuts, Dried Fruits and Related Industries opened at Tehran International Exhibition Center on Friday and will run through Jan. 9.
The event was…
Iran exported $390 million worth of commodities to Oman in the seven months to October 21, 2016, according to the president of Iran-Oman Chamber of Commerce. “Iran’s exports to the…
International sanctions hampered Iran's ability to connect with the global banking network, but the country now has secured correspondent relations with 900 banks across the world, announced the…
The privately-owned Ayandeh Bank, in a ceremony on Thursday, unveiled an open banking API portal called Finnotech, which is the first of its kind in Iran’s banking system.
Finnotech aims to…
