Hot rolled coil import offers to Iran have inched down over the past week, following the downtrend in sentiment in the CIS export market.
Metal Bulletin’s weekly price assessment for…
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.
Hot rolled coil import offers to Iran have inched down over the past week, following the downtrend in sentiment in the CIS export market.
Metal Bulletin’s weekly price assessment for…
As soon as Iran’s nuclear deal with world powers took effect, Majid Zamani and his partners set up an investment boutique with the aim of tapping into the flood of foreign business they hoped…
Indian carriers are either reviewing or stalling their plans to start flights to Iran, as the Donald Trump-led US government hardens its stance on the Islamic Republic, ratcheting up diplomatic…
The parliamentary FATF taskforce will report on Iran's cooperation with the Financial Action Task Force to the Majlis Economic Commission by the end of the current Iranian year (March 20, 2017).…
Apart from a handful of countries with problems unrelated to previous nuclear sanctions, all Iran’s frozen assets have been freed, the government spokesman said.
Private banks in Iran have started to embrace innovative technologies more than ever, striving to address major issues on their path toward modernization and profitability.
These measures…
Despite the Central Bank of Iran’s efforts to implement a bilateral currency swap agreement with Russia, the Central Bank of Russia has announced that it does not adhere to the process.
…
The achievements of Iran's nuclear deal must not be undermined, as the cost of foreign trade for the country is declining among other things, the governor of the Central Bank of Iran said.
Tehran Stock Exchange’s main index added 26.80 points or 0.03% to end Wednesday trade at 76,792.8.
More than 739 million shares valued at $69.4 million changed hands for the day.
…
Political challenges and tariff barriers are the main impediments to Iran’s trade ties with Turkey, according to a report by the Export Promotion Commission of Iran Chamber of Commerce, Industries…
The amusement park industry can generate high added value and revenues for the country, given the capabilities of domestic producers, the deputy for export promotion with the Trade Promotion…
Iranian steelmakers raised about $102 million by selling Salaf contracts on Iran Mercantile Exchange during the 10 months to January 19, registering a 43% rise compared with last year’s…
Mellat Insurance, affiliated with Bank Mellat, is planning to establish Iran’s second life insurance company, said Alireza Ebrahimpour, Mellat Insurance’s CEO. Mellat is set to own a 20% stake in…
The Money and Capital Markets Commission of Iran Chamber of Commerce, Industries, Mines and Agriculture–known as the country's private-sector Parliament–has published a report on Iran's foreign…
Iran Insurance Company, the country’s biggest insurer, has come up with measures to boost its solvency, including plans for purchasing stocks of a major bank, the firm’s chief executive told a…
Bank Sepah will join the ranks of the few public-sector banks whose capital adequacy ratio meets the minimum standard when the Ministry of Economic Affairs and Finance allocates the approved funds…
Tehran Stock Exchange’s main index added 87.30 points or 0.11% to end Tuesday trade at 76,766.
More than 858 million shares valued at $45.7 million changed hands for the day.
…
Boeing’s agreement to sell 80 passenger jets to Iran may not be directly impacted by new US sanctions on Tehran, but the deal still could unravel.
This was stated in an article published on…
The Iranian government has finally caved in to pressure by the private sector calling for reduction of import duties on flat steel products due to local producers’ inability to meet downstream…
Iranian government officials and steel industry players met at Financial Tribune’s headquarters in Tehran on Tuesday to review the final agenda and general outlook for the Seventh Iranian Steel…
The government has issued 20 million bonds worth 3 trillion rials (about $780 million) at the over-the-counter Iran Fara Bourse to pay its debts to the Ministry of Education and those accumulated…
Iranians used 73 million bank cards by Dec. 20, of which 68 million or 93.29% were debit cards, the latest official data revealed.
Gift cards and vouchers comprised 6.5% of the…
The Central Bank of Iran's new oversight plan for the banking system has employed the latest in international banking experiences and practices, announced the head of the much-anticipated scheme.…
The government's measures to plump up the capital cushion of public-sector banks will see the capital of Bank of Industry and Mine rise to 60 trillion rials ($1.5 billion), announced the bank's…
Middle East Life Insurance Company, affiliated with the privately-owned Middle East Bank, officially started operating on Monday as the first specialized Iranian insurance firm.