Business And Markets

The government will pay 450 trillion rials ($11.6 billion) of its debts to six state-owned banks by March 20, said the government’s spokesman, Mohammad Baqer Nobakht, on Tuesday. The measure was…

Foreign Minister Mohammad Javad Zarif on Tuesday downplayed the possibility of sanctions snapback, assuring the Iranian business community that Iran's nuclear deal with world powers reached in…

Top banking officials and pundits gathered on Tuesday to discuss matters vital to the future prosperity of the Iranian banking system and as an extension, the Iranian economy, underscoring the…

Over 50 trillion rials (about $1.3 billion) worth of different types of securities were issued in the 10 months to January 20, according to Mehdi Banani, the head of Debt Management Department at…

Tehran Stock Exchange’s main index marked its biggest decline in more than two months on Tuesday, after the benchmark took a 1.83% dive on November 9 after news broke that Donald Trump was elected…

Cement stocks have posted gains following the Cabinet’s decision to provide financial resources for purchasing part of the industry’s excess output, and the parliament’s approval for renovation of…

Iranians love high fashion, but luxury companies planning to tap Persian appetite for designer clothes and bags are facing stiff competition from their very own brands–albeit fake ones.

A number of domestic insurance firms have shown interest in spinning off their life insurance operations into separate entities, said Abdolnasser Hemmati, the president of Central Insurance of…

The Iranian steel industry and its upstream sectors exported over 3.84 million tons valued at $1.56 billion of industrial materials to 20 destinations during the eight months to November 20.…

Iran’s banking relations with the world will improve by the end of the current fiscal year in March, the deputy for international affairs at the Iran Chamber of Commerce, Industries, Mines and…

In a decade, the majority of Iranian real-estate deals will take place through the Internet, the head of Tehran Association of Realtors said.

The CEO of the international advisory firm Roedl & Partner from Germany–who has just opened his Tehran office–said that after the lifting of sanctions, a more clear image of Iran is being…

Iranian banks’ lending has declined in recent months, said Parsian Bank’s chief executive who is also the head of Iranian Private Banks and Credit Institutions Association.

Mehdiabad Lead and Zinc Complex produced 594,905 tons of lead and zinc lumps during the nine months to December 20, registering a 31% rise compared with last year’s corresponding period. The…

The government has sharply reduced tariffs on the import of meat and agricultural products, including rice and sugar, to keep prices in check in the runup to the new Iranian year (starting March…

Iran’s share of the global halal market is meager, the former secretary-general of the Federation of Iranian Food Industry Associations said.

“It is estimated that Iran’s share of the $2…

Iranian banking system doled out 3,825 billion rials ($99.77 billion) to various business sectors during the nine months to December 21, marking a 43.5% growth compared with the same period of…

The Central Bank of Iran is required to take measures for regulating the operation of bureaux de change operators by the end of the current Iranian year on March 20, said First Vice President Es’…

In a ceremony held to commemorate the 133rd anniversary of the founding of one the most important private sector establishments in the history of Iran, 23 individuals were awarded the Amin al-…

Azerbaijan and Iran have started discussions on the integration of  the two countries' bank cards systems, local media reported, citing the Central Bank of Azerbaijan.

One of the…

A specialized committee will be established to assist some 560 production units formerly active in the now-leveled Plasco building to get back on their feet by resolving their insurance, banking…

Stocks do not have much going for them these days. The uncertain economic outlook and persistent market depression have dented investor confidence.

Experts believe the equity market is…

The Iranian government is moving to replace aging vehicles in its cargo truck fleet to cap fuel consumption and help contain the country's worsening air pollution. 

Institutional investors accounted for the lion’s share of trading at Tehran Stock Exchange during the Iranian month of Dey (December 21-January 19). Their trading comprised 65% and 63% of all…

The governor of the Central Bank of Iran has called for promoting competition in the banking system, cautioning that unhealthy rivalry can lead to unsatisfactory repercussions.”Empowering a spirit…