After a meeting with the Swedish Minister for European Affairs and Trade Anne Linde, Iran's Minister of Communications and Information Technology Mahmoud Vaezi announced that two Swedish banks…
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 will change the base year for calculating Iran’s economic growth in the third quarter, said Peyman Qorbani, CBI’s deputy for economic affairs on Saturday.
“CBI…
Iran's membership in Asian Infrastructure Investment Bank has strengthened the country's economic clout in the region, said the head of Economy Ministry's Department of Banking and Insurance…
Iran’s two major coal producers extracted 1.32 million tons of coal and produced 482,150 tons of coal concentrate during the 10 months to January 19, registering a 15% and 23% growth in extraction…
Iran’s largest scrap car recycling plant was inaugurated in Zanjan Province last week.
Inaugurated by deputy minister of industries, mining and trade, Mansour Moazzemi, the Fuka San’at…
International credit cards, namely Visa and MasterCard, were slated to enter Iran, but they didn’t.
The imposition of nuclear sanctions against Iran had made the official sales of…
Tehran Stock Exchange’s main index inched up 10.90 points or 0.01% to end Sunday trade at 76,827.7.
More than 610 million shares valued at $44.5 million changed hands for the day.
…
Central Bank of Iran's Governor Valiollah Seif is expected to discuss an earlier agreement between Tehran and Baku on opening settlement accounts with his Azerbaijani colleagues in Baku, an…
After the banking system, insurance companies are next in line to conform their financial statements to International Financial Reporting Standards, with Iran Insurance Company leading the way.…
The head of Iran Chamber of Commerce, Industries, Mining and Trade has advised the governments of both Iran and Sweden to focus on improving banking ties to further develop economic ties.
Due to the importance of social rights and the necessity of banks to recover their non-performing loans, about 3,850 individuals have been put on the no-fly list and more than 4,400 have been…
Lack of proper supervision on interbank market operations has caused a considerable surge in interest rates, said the head of Majlis Economic Commission.
“Reports suggest that the interbank…
Since the beginning of the current Iranian year (March 20, 2016), up to 850,000 marriage loans have been allocated to couples, announced the head of Central Bank of Iran’s Credit Department.”…
Fars Province has attracted about $1.8 billion worth of foreign investments since the beginning of Hassan Rouhani’s presidential term in August 2013, according to the provincial governor general…
Iran has one of the longest histories of medical practice in the world.
The ancient Mesopotamians, for example, were carving diagnoses and prescriptions into stone…
Iranian customers still prefer local flat steel and show little interest in buying the imported stuff.
Prices for hot rolled coil offered by Russian steelmaker Magnitogorsk Iron and Steel…
Tehran Stock Exchange’s main index added 24 points or 0.03% to end Saturday trade at 76,816.8.
More than 769 million shares valued at $45.7 million changed hands for the day.
Amir…
The difference between domestic and foreign inflation rates should be used to determine the foreign exchange rates, the head of Tehran Chamber of Commerce, Industries, Mines and Agriculture…
Rent-to-own companies are now allowed to operate in the housing market with the interest rate cap recently devised by the Central Bank of Iran, announced the chairman of Iranian National Leasing…
Bank Keshavarz Irani (Agriculture Bank) will receive its share from the government’s plan to increase the capital of public-sector banks by the yearend, announced the minister of agriculture jihad…
The government has settled a significant portion of its debts to the health insurance sector, announced the government spokesman. “Health Insurance covered 11 million people throughout the country…
The Central Insurance of Iran and Central Bank of Armenia on Thursday signed an agreement to expand cooperation in insurance and reinsurance services.
Trademarks for 31 Iranian products have been registered with the World Intellectual Property Organization, the Industries, Mining and Trade Ministry’s deputy for education, research and technology…
February 10, 2017, marked the 38th anniversary of the Islamic Revolution —an epochal event that transformed Iranian economy dramatically.
Before the revolution, a considerable share…
Tehran Stock Exchange’s main index TEDPIX gave up 622 points or 0.8% for the week that ended February 8 to close at 76,793.
This is TEDPIX’s third consecutive week of decline. The benchmark…
