The secretary-general of Iran-Iraq Chamber of Commerce said only the import of goods not included in the US sanctions list is possible through the trade channel designed to facilitate trade…
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.
French Finance Minister Bruno Le Maire said on Thursday he hopes the EU special trade mechanism, known officially as Instrument in Support of the Trade Exchange (INSTEX), completes a first…
Stocks continued to extend earlier gains on Wednesday, amid rising demand for the equities of small companies. The main index of Tehran Stock Exchange, TEDPIX, gained 668 points, or 0.27%, to…
The European mechanism, known as the Instrument in Support of Trade Exchange (INSTEX), to shield the country’s trade from crippling US sanctions won’t be useful if it does not allow oil sales,…
Six million bank accounts used for money laundering and goods smuggling have been monitored and blocked, the head of Iran’s Headquarters for Combating Smuggling of Commodities and Foreign…
Exporters of non-oil products have repatriated €5 billion of their export earnings to the economic cycle of the country since the beginning of the current fiscal year (started March 21), a…
Following rallies for four consecutive sessions last week, the stock market turned bearish on Monday as selloff pressure ramped up in the absence of substantial buying. The downward…
The foreign exchange rate in Tehran has been on a declining trajectory since the beginning of the Iranian week on Saturday, amid a noticeable decrease in demand for foreign currency. Each…
Iran's housing market is bracing for inflationary recession despite a widening home supply deficit, the Comprehensive Housing Plan’s deputy for research said. Referring to the recent hike in…
A report by Tehran Chamber of Commerce, Industries, Mines and Agriculture shows that the value of equities traded in the stock market during the first two months of the current fiscal year (…
The governor of the Central Bank of Iran says the European Union’s newly-launched trade mechanism, known as the Instrument in Support of Trade Exchange (INSTEX), needs to be financed by…
The latest data on deposits with banks and credit institutions indicate that total deposits stood at 20,673 trillion rials ($159 billion) by the end of the previous fiscal year’s last month (…
More than 7.2 million checks worth about 991 trillion rials ($7.65 billion) were drawn in Iran during the second month of the current fiscal year (started May 21), the Central Bank of Iran’s…
The remaining signatories to the landmark nuclear deal between Iran and six world powers, formally known as the Joint Comprehensive Plan of Action, announced in a statement that the EU mechanism…
The number of construction permits issued in Iran decreased during the third quarter of the last fiscal year that ended on Dec. 21, 2018, compared with the preceding quarter (ended Sept. 22,…
Home prices in Tehran continued to increase while the number of property deals declined in the third month of the current Iranian year (ended June 21), latest data released by the Central Bank…
Tehran Stock Exchange extended earlier gains on Wednesday as financial reports of major listed companies continue to boost investor sentiments. The main gauge of TSE added another 3,400…
The Majlis Research Center says a parliamentary bill wanting to scrap the US currency from Iran’s overseas transactions would further add to the already detrimental effects of US sanctions…
Stocks in Tehran climbed more than 1% on Tuesday adding another 2,000 points to its two-day gains.
Bank Mellat is not willing to barter its damage claims after winning a lawsuit against the UK Treasury in exchange for goods, CEO of the bank said. “We are not after bartering the (…
The remaining government shares in three companies will be offered on the stock market during the current Persian month to July 22, according to an official with the Iran Privatization…
The main gauge of Tehran Stocks Exchange hit a new high and entered the 240,000 channel as investors expect up-beat earnings reports of listed companies for the month to June 22. The bull…
The government paid 360 trillion rials ($2.8 billion) to compensate losses incurred by the misconduct of shadow banks and unruly lenders in recent years, said Mohammad Baqer Nobakht, the…
More than 183,000 tons of hydrocarbon products valued at 10 trillion rials ($74.34 million) were traded in the Iran Energy Exchange spot market in the last Persian month to June 20. …
Governor of the Central Bank of Iran says a new trade monitoring system is in the offing to complement the Integrated Forex Deals System (known by its Persian acronym Nima). Nima is…
