Business And Markets

The housing market is one of the alluring and profitable sectors of the economy in times of economic growth. It also is a key sector with almost 200 occupations and industries depending on it for…

Bank deposits grew by 1 quadrillion rials ($33.4 billion at the official exchange rate) in the first half of the current Iranian year (ends March 20, 2016).

Private deposits in the period…

A major international reinsurance company will soon start operating in the Persian Gulf island of Qeshm after the lifting of the sanctions.

As many as 20 Chinese companies will invest $150 million in Salmas Special Economic Zone, located in West Azarbaijan, according to the head of the province’s Investment Services Center, Mohammad…

Tehran Stock Exchange’s main index lost 99.20 points or 0.16% to settle at 62,635.4 on Saturday.

Over 423 million shares changed hands valued at $29 million to record close to 10% rise in…

Economists warn against a double-dip recession in Iran’s economy.

Despite data by the Statistical Center of Iran—one of the two bodies producing economic data, the other being the Central…

Negotiations are underway with cement factories to stop production for the first two months of winter (Dec. 22–Feb. 19), a member of the board of directors of Cement Industry’s Employers…

The official exchange rate touched a new frontier on Thursday in yet another indication that the Central Bank of Iran is seriously looking into unifying currency rates.

Iran will see the highest economic growth in the Middle East and North Africa as of next year, Minister of economy Ali Tayyebnia said Thursday.  

The Central Bank of Iran has started allocating funds for the 250 million rial ($8300 at the official exchange rate) auto loans among banks as a part of the government’s stimulus package, said the…

With the benefit of hindsight, it should be said that oil prices plummeting to historic lows is not all gloom and doom.

The declining pattern that started from the summer of last year has…

The Mining Investment Insurance Fund’s capital assets have been raised by $25 million to reach $1.4 billion. The fund was established in 2001 with the aim of supporting private sector investment…

Many foreign firms have been hunting for economic opportunities in Iran following the July 14 nuclear deal with the world powers, which will soon see the removal of sanctions against the country…

A special supervisory committee has been established to monitor and regulate the activities of uncertified credit and financial institutions including Samen Alhojaj, Hamaid Tehranfar vice-governor…

The head of an economic think tank has sounded the alarm on municipalities’ growing reliance on unsustainable income and called for alternative sources of revenue to run urban affairs.

Commercial banks ventured into business activities with the implementation of Article 44 of the Constitution, a top finance and banking expert said on Wednesday.

Bank Saderat Iran has announced that the government’s new auto loan scheme would help settle car manufacturers’ debts to the banking sector and would not have any inflationary effects.

Mass construction of housing units would help cut costs and improve the financing and funding of housing projects, said head of Kayson, a prominent private construction company.

Foreign investments are protected from political risks by law, like the risk of nationalization, said Abolfazl Kodehi, director of Iran Foreign Investment Services Center, in the Second…

Corporate earnings will continue to fall this year, putting further downward pressure on Iranian equities that are in a two-year bear market, chief executive of Tehran Stock Exchange said earlier…

Tehran Stock Exchange’s overall index inched up 13.70 points or 0.02% to settle at 62,734.6 at Wednesday’s close.

More than 398 million shares changed hands valued at $51.3 million to…

Iran Mercantile Exchange’s industrial and mining trading board witnessed the supply of 1,840 tons of aluminum alloys and 200 tons of 7-6063 billets by Iran Aluminum Company on Wednesday.

A new trade exhibition scheduled for May in Tehran will host businesspeople tracking the country’s predicted growth in logistics, conveyance, storage and other related fields, as it rejoins world…

In Iran greenhouse farming is not economically viable because of the country’s diverse topography and climate, says a greenhouse owner.

Mohammad Reza Teimouri, who is also the first…

The Central Bank of Iran is revising real estate leasing regulations, a move that could lift the ban on the sector which was banned by the previous administration, an official at the CBI said…