Banks, reinsurers and financial institutions have a much lower appetite for risk with regard to crude oil shipping from Iran than in the pre-sanctions era and this will not change in the near…
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 updated version of the Banking Reform Bill, a blueprint for undertaking major reforms in the banking sector, will at last be taken up in the parliament ‘s spring session, announced the head of…
The Central Bank of Iran announced on Tuesday that it has revised regulations regarding the operation of leasing companies, allowing lenders to offer their services at approximately 3% higher…
Tehran Stock Exchange’s main index added 196.20 points or 0.25% to end Tuesday trade at 79,280.4.
More than 1.1 billion shares valued at $56.5 million changed hands for the day.
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The 24th International Exhibition of Chandeliers and Decorative Lights, in which many producers of classic and modern chandeliers have participated, opened at Tehran’s International Exhibition…
The number of foreign entities investing in Iran's capital market has increased 42% since the removal of sanctions imposed on Iran over its nuclear program.
Mouteh Gold Mine produced 45 kilograms of gold bars during the nine months to December 20, registering a 35.5% growth compared with last year’s corresponding period, announced the mine’s managing…
The Central Bank of Iran has ordered all banks to finalize their annual financial statements in accordance with new standards by the end of the current fiscal year (March 20, 2017), said Abbas…
The National Association of Iranian Leasing Companies has again called on the Central Bank of Iran to revise its current policy regarding the interest rate of leasing contracts. At present,…
The Central Bank of Iran has communicated to all banks and credit institutions the criteria for the implementation of a foreign exchange directive originally issued by First Vice President Es’haq…
A year has passed since Iran's nuclear accord with world powers has been implemented and the governor of Central Bank of Iran believes the deal has paved the way for financial institutions outside…
Tehran Stock Exchange’s main index added 11 points or 0.01% to end Monday trade at 79,084.2.
More than 1.7 billion shares valued at $98.5 million changed hands for the day.
National…
Captain Behnam Shirzad wears a broad smile as he walks into the hall where Iran Air is about to take delivery from Airbus of its first brand new aircraft in 23 years.
“It is fantastic,” he…
The Ministry of Roads and Urban Development has asked the government and parliament to deny the Islamic Republic of Iran Air Defense Force a share of Iran Airports Company’s revenues.
Iran Fara Bourse has attracted 5 trillion rials (about $125 million) in foreign investments since the Implementation Day, that is the removal of sanctions on January 16, 2016, following Iran’s…
The Ministry of Sports and Youth is banking on the private sector to help complete its under-construction sport infrastructures due to the government’s tight budget.
The Central Insurance of Iran, the insurance industry’s regulator, has defined new rules over Iranian insurance firms’ cooperation with foreign assistance companies that provide services to…
Economy Minister Ali Tayyebnia said the administration of President Hassan Rouhani has come a long way to salvage the country's economy from years of inefficiency and mismanagement by implementing…
Tehran Stock Exchange’s main index rose 197.30 points or 0.25% to end Sunday trade at 79,073.5.
More than 1.9 billion shares valued at $94.3 million changed hands for the day.
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Filipinos may soon have a taste of Iranian apples, as the government of Iran is keen on taking its produce to Philippine markets.
Iranian Ambassador to the Philippines Mohammad Tanhaei met…
The Iranian cement industry is in hot waters. It has recently been hit with the double whammy of loss of export markets and lack of domestic demand, causing producers to cut down on production…
The Iranian Privatization Organization said on Saturday it has shelved the revocation of the Telecommunications Company of Iran privatization deal because the majority shareholder of the company (…
Lawmakers have passed a clause regarding Social Housing Plan, stressing that it will be launched in 2017.
Official statistics show the housing sector recently experienced a hike in prices but the increase has not been in line with inflation, which means that the sector is still in recession.
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Bank Melli Iran announced it can now transfer money overseas for individuals, as the bank expands its international ties in the post-sanctions era.
“The customers are now able to transfer…
