Rouyesh Lotus, Iran’s first venture capital trust to get listed, will open for underwriting on Iran Fara Bourse on Monday, says Lotus Parsian Investment Bank’s chief executive.
Iran’s dip…
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>
Managing Director of Ports and Maritime Organization of Iran Mohammad Saeed-Nejad said PMO expects to attract $700 million worth of investments within the next two years.
Iran’s largest automaker, Iran Khodro, is planning to tender a 33.7% block of its voting shares in Bank Parsian, according to a letter sent by Kamran Ataei, the deputy head of IKCO, to the…
The research arm of the Iranian Parliament has published a first-of-its-kind report detailing six reasons why the Banking Reform Bill–a scheme for undertaking major reforms in the banking sector–…
The state commission for infrastructure-related affairs has approved the annual construction of 100,000 housing units for low-income groups in the framework of Social Housing Plan, announced the…
The Office of Vice President for Science and Technology Affairs will send the final version of “financial framework of knowledge-based economy” to the government by December 21, in which fintech…
Bank Melli Iran has launched an online platform that allows passengers to pay departure tax. According to Masoud Khatouni, director of CBI’s IT department, currently the platform can be used only…
Russia and Iran are exploring the establishment of an Islamic bank as the two countries expand economic cooperation, TASS news agency cited Russian Energy Minister Alexander Novak as saying.
The Iranian Mines & Mining Industries Development & Renovation has signed an accord with a German company for setting up a graphite electrodes plant in Yazd Province, central Iran.
The Fifth National Economic Development Plan (2011-15) stipulated that Iran should have become the first regional hub in cargo transportation and the second in passenger transport.
This…
The Iranian judiciary may spare the life of oil tycoon Babak Zanjani. This was a story that sparsely grabbed the headlines in the local media this week.
Tehran Stock Exchange’s main index inched down 57.60 points or 0.07% to end Wednesday trade at 80,683.6.
Over 965 million shares valued at $61.7 million changed hands for the day.
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Russian agency for export credit and investment insurance, EXIAR, signed an agreement each with Bank Pasargad Iran and Parsian Bank on the sidelines of the 13th meeting of Iran-Russia Economic…
The Central Bank of Iran has unveiled a roadmap revolving around three goals to achieve long-term targets envisioned by Resistance Economy, announced the bank's governor.
Transactions between Iranian and Swiss banks have totaled $8 billion since the lifting of the sanctions nearly a year ago, said Mohammad Nahavandian, President Hassan Rouhani's chief of staff.
Bank Melli Iran has issued 3,100 forex payment orders valued at $1 billion during the eight-month period ending November 20 for trading with other countries, said the bank’s chief executive. “BMI…
President Hassan Rouhani’s government does not want foreign exchange rates to surge against the rial, as it would not be in its favor, the administration’s spokesman said.
“The official…
Over 33,000 trading codes were issued by the Central Securities Depository of Iran during the Iranian month ending November 20, bringing the total number of trading codes in the Iranian securities…
Projects underway in Iran in the construction, automotive and railroad infrastructure sectors should provide a substantial boost to demand for steel in the country.
Tehran Stock Exchange’s main index shed 174.30 points or 0.22% to end Tuesday trade at 80,741.2.
Over 431 million shares valued at $35.9 million changed hands for the day.
Iran…
The total value of term deposits in the Iranian banking system grew by 12.8% to reach 9.23 quadrillion rials ($236.5 billion at the official exchange rate) during the seven-month period ending Oct…
Officials from the Council of Tall Buildings and Urban Habitat (CTBUH), along with architects, experts and policymakers, are set to discuss high-rise buildings and their efficiency as a solution…
The news last week that Iran is switching its national currency to toman was more than just a big announcement; it also polarized opinion and exposed the apparent disharmony among policymaking…
Tehran Stock Exchange’s main index inched down 12.00 points or 0.01% to end Monday trade at 80,913.9.
As much as 507 million shares valued at $33.6 million changed hands for the day.
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Domestic and foreign investments in Anzali Free Zone in northern Iran during the eight months to November 20, 2016, amounted to over 14 trillion rials (more than $360 million at market exchange…
