As President Hassan Rouhani aims to reduce his administration’s dependency on oil revenues, one major way to do that is through taxation and the research arm of Iranian Parliament has conducted…
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.
A number of major Iranian private lenders have recently established correspondent relations with Qatar National Bank, the largest bank in the country.
Bank Mellat is planning to sell its 20% stake in Asia Insurance Company as part of plans to shed excess assets and streamline operations.
“Mellat Financial Group, as the handler of the…
Both the currency and gold markets were in a bearish mood on Saturday with both the benchmark gold coin and the US dollar losing their value in Tehran market.
On the first day of the…
Top officials, pundits and industry players convened as part of the second all-purpose Conference on Iranian Economy in Tehran on Saturday to discuss various economic sectors and the problems…
Two firms from Italy and Germany are negotiating to buy the shares of Iranian insurance companies, the head of Central Insurance of Iran announced.
“I cannot mention the names of…
The inauguration of Nasim Tower, the first housing project in Iran to be financed by a real estate investment trust (REIT), on Saturday was attended by the minister of roads and urban…
Tehran Stock Exchange’s benchmark extended its uptrend on Sunday to add 272.3 points or 0.43% to close at 63,071.4. This is the highest level since September 12.
About 55% of listed…
Mouteh Gold Mine produced 301 kilograms of gold ingots during the first seven months of the current fiscal year (March 21-Oct. 22), registering a 78% growth compared with last year’s…
Iranian miners exported 12.44 million tons of mineral products worth $1.08 billion to China during the first seven months of the current fiscal year (March 21-Oct. 22), statistics released by…
China has opened a $1.7 billion line of credit for the electrification of the 926-km railroad from Tehran to the eastern city of Mashhad in Khorasan Razavi Province, five months after a contract…
Armenia inaugurated on Friday a free economic zone in its southernmost city of Meghri on the border with Iran.
Armenian Prime Minister Karen Karapetyan attended the opening ceremony with…
Banks receiving and making payments in the Iranian banking system bear the bulk of payment fees, meaning that striking a balance between the costs and benefits of these payments has emerged as…
The Central Bank of Iran’s deputy for economic affairs attested to the significant changes in Iran’s electronic banking sector and the effect it has had on the composition of money supply.
…
Following the efforts of Iranian Embassy in Beijing for resolving the banking issues of Iranian nationals in China, officials of the East Asian nation have notified the Iranian Embassy that a…
The head of Tehran Chamber of Commerce, Industries, Mines and Agriculture, as one of the leading private sector figures, has added his voice to the chorus of people criticizing the proposal to…
Unilever plans to set up a joint venture in Iran to make and market food in the country.
The FMCG giant has struck a deal with local food group Golestan Company to form the venture, Just…
Chabahar Port’s Phase I inaugurated by Iran’s President Hassan Rouhani on December 3 marks an important milestone in India-Iran relations as well as Afghanistan-India determination to look for a…
More than 434,670 tons of goods worth $160.46 million were exported from Iran to Malaysia during the eight months to Nov. 21, registering a close to 330% and 430% hike in weight and value…
A total of 270 tunnels are under construction in Iran, while 154 others are being studied in road, highway, freeway and railroad projects, a deputy minister of roads and urban development said…
Bulls came back to Iran's stock market last week after the lackluster performance of the week before. Both Tehran Stock Exchange and Iran Fara Bourse pushed ahead to reach new highs by further…
About 10 trillion rials ($237 million) worth of investments have been made in the development projects of Amirabad Port in the northern Mazandaran Province since President Hassan Rouhani first…
South Korea has agreed to finance the construction of three hospitals in Iran, said Iranian Health Minister Hassan Qazizadeh Hashemi on Thursday upon arrival at the Incheon International Airport…
At the request of the Central Bank of Iran, a department will be set up in one of the Tehran prosecutor's offices for investigating any violation made by the executives and shareholders of…
Just a week after returning to trading at Tehran Stock Exchange, Iranian Internet service provider HiWeb was again barred from trading on Wednesday. The Securities and Exchange Organization…
