Governor of the Central Bank of Iran says Iran and Russia have connected their financial messaging services to handle two-way banking transactions. Outlining details of his talks with the…
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>
The symbol tickers of commodity stocks started trading day on Monday mainly in green as investors reacted to the steep rise in crude oil prices in international markets. After a brief…
Banks paid 2,188 trillion rials ($19.3 billion) in loans during the first four months of present calendar year to July 22. Compared to the corresponding period last year, the figure…
The newly appointed German head of Iran-EU trade mechanism, known as Instrument in Support of Trade Exchange (INSTEX), was in Tehran to discuss issues of mutual interest.
Head of the Supreme Council of Iran Free Trade Zones announced on Monday a plan to start an international stock exchange in the FTZs in the coming months. According to Morteza Bank, the…
A report by the Central Bank of Iran on the participatory bond market said municipalities in major urban areas sold more than 12.5 trillion rials ($110 million) worth of participatory bonds up…
Investors’ caution to save earlier gains kept Tehran stocks from making further headway on Sunday after conquering the historic peak of 300,000 points a day earlier. The main gauge of…
The Supreme Council of Economic Coordination extended the authority of the central bank governor, Abdolnasser Hemmati, for one more year to intervene and regulate the foreign exchange…
The Tehran Stock Exchange benchmark crossed the psychological level of 300,000 points on Saturday, extending a winning streak into the sixth day. Most symbol tickers at TSE ended green…
Banks met nearly 57% of industrial units' capital need in the last Iranian fiscal year (ended March 2019), says a deputy minister of industries. "Industries wanted 2,890 trillion rials ($…
Utility companies that offer electricity on the energy bourse will be eligible for 10% tax exemption, head of the Iran Energy Exchange said. Industrial units with electricity consumption of…
The CEO of Bank Sepah -- the state-owned lender with which five military banks are merging -- says the number of branches of merged banks will be cut by 10%. Considering the number of…
Data about loans given by banks and credit institutions based on different Islamic banking contracts show “partnership loans” had the biggest share by the end of the third quarter of the present…
Cryptocurrency miners will be eligible for tax exemption if, like non-oil exporters, they repatriate their overseas earnings, Iran's National Tax Administration said.
The winning streak of Tehran Stock Exchange continued Wednesday, with the main index climbing more than 3,000 points or 1.08%, hovering near 300,000. Recent news about…
The Majlis Research Center, the influential research arm of the parliament, has stressed the need to start currency swap deals with the main trading partners to help keep the economy immune…
An estimated 2.35 billion transactions worth 2,617 trillion rials ($23.05 billion) were processed by Iran's domestic payment network, Shaparak, during the fiscal month to August 22. The…
Pundits and economic experts looking closely at the key insurance sector are prone to ask one question: Why should the insurance industry be exempt from value added tax as some quarters have…
In a directive to banks and credit institutions, the Central Bank of Iran has warned that lenders would be held responsible for any loss resulting from their negligence to activate disposable…
The plan to merge five military-affiliated banks and credit institutions has entered the next phase after majority ownership of the merging entities was transferred to state-run Bank Sepah, CEO…
After registering a 4.1% growth during four business days last week, Tehran stocks market started the new trading week bullish on Saturday. The main gauge of Tehran Stock Exchange gained…
Riding on the tailwind of huge liquidity inflow and the rising number of new investors in the past few months due to the absence of strong parallel markets, Iran’s capital market is soaring as…
A report published by the economic research department of Tehran Chamber of Commerce, Industries, Mines and Agriculture show that the currency market was the worst-performing market in the first…
The European mechanism to facilitate trade with Iran will not work until Tehran sets up a mirror company and meets international standards against money-laundering and terrorism financing, a…
Another German diplomat was appointed president of the trade mechanism designed to settle trade between Iran and Europe, officially known as Instrument in Support of Trade Exchange (INSTEX).…
