Business And Markets

Iran’s insurance industry has significantly improved in recent years, as its penetration rate grew by 0.5% to reach 2.2% during the year to March 20, 2017, said the president of Central Insurance…

The 27th annual Conference on Monetary and Foreign Exchange Policies will be held in Tehran on July 1-2 with a focus on financial stability, the head of Monetary and Banking Research Institute—the…

The Money and Capital Markets Commission of Iran Chamber of Commerce, Industries, Mines and Agriculture held a meeting on Saturday to weigh in on the requirements of the long-overdue plan to unify…

Tehran Stock Exchange’s main index lost 131.30 points or 0.17% to end Wednesday trade at 78,736.2.

Trading at TSE and Iran Fara Bourse startS on Saturday and endS on Wednesday.

About…

The stock market was dealing with a great deal of ambiguities during the last days of the 10th government (the second term of former president, Mahmoud Ahmadinejad), as petrochemical feedstock…

Iran’s Mobarakeh Steel Company boosted sales by 18.21% to 6.2 million tons in the last Iranian year (ended March 20, 2017), according to a Monday filing in Tehran Stock Exchange. The sales total…

Iranian steel mills produced 8.159 million tons of crude steel in the five months to June 2017, registering a 13.1% growth year-on-year compared with last year’s corresponding period, according to…

Tejarat Bank, a major Iranian lender, is to open a branch in Norway as banking ties with the Scandinavian country gathers pace, announced the Second Secretary for Economic Affairs with the Royal…

The agreement reached by two Iranian state-owned financial entities and a Cuban bank last year to restructure the Caribbean island’s debt has borne fruit, with Iran having received €6 million of…

Iranian banks doled out loans worth 569.7 trillion rials ($15.1 billion) to economic sectors during the first two months of the new Iranian year (ended May 21), registering a growth of 16%…

The Asian Infrastructure Investment Bank is ready to finalize the assessment report on projects introduced by Iran to the China-based lender to receive funding, AIIB’s deputies announced.

Iran’s biggest bank managed to reduce its ratio of non-performing loans to total loans in the last Iranian year (ended March 20, 2017). According to a statement published on its official news…

Iran’s major phosphate producer, Esfordi Phosphate Industrial & Mineral Complex, generated 11,223 tons of phosphate during the first two months of the current fiscal year (March 21-May 21),…

Revenues gained by Hormozgan Province’s Customs Administration in the last Iranian year (ended March 20, 2017) stood at 120 trillion rials ($3.2 billion), IRNA quoted customs inspector of the…

Corruption is the first challenge threatening Iran’s economy, prominent Iranian economist, Saeed Laylaz, has said in a write-up published by Iran Chamber of Commerce, Industries, Mines and…

Members of Tehran Chamber of Commerce, Industries, Mines and Agriculture’s Agriculture, Water and Food Industries Commission examined the goals of the sixth five-year development plan (2017-22)…

The green light for the use of chicken paste in sausages and other meat products has been given after long disputes between Iranian health officials.

Tehran Stock Exchange’s main index, TEDPIX wrapped up Monday trading flat to keep hovering at 63,227.

The gold coin rally in Tehran's market, which started two days ago and registered a 90-day record high, reversed course as prices dropped on Monday to burst the yellow metal's bubble.

Emami…

The better chunk of the two-part South Korean finance for Iranian projects has reportedly been finalized by the two countries’ officials. 

A report by Iran Chamber of Commerce, Industries, Mines and Agriculture said that during the first quarter of the current fiscal year that began on March 21, the money market registered the…

Governor of the Central Bank of Iran has released a statement reassuring the public that the bank is determined to end the lengthy saga of uncertified credit institutions, the news of which…

Private banks and credit institutions are in favor of lowering interest rates and they are currently holding negotiations in this regard with financial authorities, especially the Central Bank of…

Bank of Industry and Mine has doled out 23 trillion rials ($613 million) in loans to small- and medium-sized enterprises since March 2016 as a part of the stimulus scheme for SMEs, the bank’s…

Tehran Stock Exchange’s main index lost 131.20 points or 0.17% to end Monday trade at a two-month low of 79,859.2.

Trading at TSE and Iran Fara Bourse starts on Saturday and ends on…