In the presence of the President Hassan Rouhani, and Italian Premier Matteo Renzi, SACE and the Central Bank of Iran signed a settlement agreement for the …
Business And Markets
<p>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.</p>
Bank Melli Iran will pursue Future Bank’s case through legal channels if Bahrain’s central bank decides to shut down the Iran-owned bank, Abdol Nasser Hemmati, the BMI chief said on…
Credit Agricole, Crédit Industriel et Commercial (CIC), Société Générale are prepared to restore ties with Iran, Valiollah Seif, governor of the Central Bank of Iran said on Friday.
“…
Capital Intelligence (CI), the international credit rating agency, has upgraded the long-term Foreign Currency Rating (FCR) of Export Development Bank of Iran (EDBI) to ‘BB-’ from ‘B+’ with the…
He came, he saw and he pocketed all the deals that matter. Chinese President Xi Jinping’s tour of Southwest Asia to Saudi Arabia, Egypt and Iran–could easily be sold anywhere as your typical…
More than 16.1 million tons of crude steel were produced by Iran’s steelmakers in 2015, indicating a 1.4% drop compared with the previous year’s output, according to World Steel Association’s…
Iranian asset-management firm Turquoise Partners plans to start a $200 million private equity fund with Swiss bank Reyl & Cie’s Dubai unit in the first half of the year, as the country opens…
Hormozgan Steel Company and the multinational SMS Group signed a deal in Rome on Wednesday to raise the Iranian company’s slab production capacity from the current 1.5 million tons to 3 million…
The Second International Exhibition of Investment and Trading Opportunities in the Mining, Cement, Metallurgy and Related Industries opened on Tuesday at the Kish International Exhibitions Center…
Iran’s exclusive exhibition opened in Oman’s capital city of Muscat on Tuesday and will run through January 30.
The event aims to increase cooperation with Oman’s businesses to boost the…
South Korean’s POSCO plans to sign a preliminary agreement with an Iranian steelmaker identified as “PKP” in March to buy a stake in a $1.6 billion steel mill project in Iran. POSCO (formerly…
For the third year in a row, the government has proposed a tight budget, keeping spending constant in real terms.
Expenditures proposed for 2016/17 compared to the budget of the current…
Tehran Stock Exchange ended Wednesday trade flat, as the main index TEDPIX inched up 11.50 points or 0.02% to settle at 71,011 at the day’s close, a day after it surged more than 2,000 points to…
The banking system should be at the service of manufactures and exports, Bahram Nezamolmolki, managing director of the Ministry of Energy’s department for export promotion said. He criticized…
Bank Pasargad, Iran’s second-largest listed bank, is looking to raise capital and expand overseas now that the country is free of the shackles of sanctions, a senior official told Reuters.
Italian banks will give momentum to the process of renewing relations with their Iranian peers, Guido Rosa, director of Italian Banking Association’s committee for international affairs said in a…
Eurasian Development Bank Chief Dmitry Pankin announced on Tuesday that Iran will most likely become a member of the bank by the end of March, Fars News Agency reported. Pankin said…
Iran's total foreign debt declined from $20 billion in 2011 to $5 billion in 2014, the deputy economy minister for banking, insurance and state-owned companies, Hussein Qazavi said.
Tehran Stock Exchange’s main index TEDPIX jumped 2,124 points or 3.11% on Tuesday to hit 70,999.5, extending a five-day winning streak and recording the highest rise since December 2014.
Iran Mercantile Exchange’s oil and petrochemical trading board witnessed the supply of 66,160 tons of polymers, 34,000 tons of bitumen, 15,000 tons of vacuum bottoms, 1,000 tons of lube cut oil…
Iranian fund managers hope to give overseas investors more exposure to the country’s equities after the lifting of international sanctions last week.
Iranian steelmakers produced more than 12.6 million tons of crude steel from March to December 2015, which indicates a 0.7% rise compared with last year’s similar period, according to Iranian…
The Organization for Economic Cooperation and Development (OECD) is expected to improve Iran’s rating on long-term risk factors at a meeting on Tuesday, Kamal Seyed Ali, Export Guarantee Fund of…
British regulators are considering whether to allow two Iranian banks in London to resume operations after years of sanctions, two sources familiar with the matter said.
Melli Bank and…
Iran has sent lawyers to the Ontario Superior Court of Justice on Monday to fight attempts to hold the country to account for allegedly sponsoring attacks that harmed Canadian citizens.
