The number of insurance agents should be halved because 20,000 professional agents are more than enough for the insurance industry, said Masoud Hajjarian, managing director of the Professional…
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.
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The Central Bank of Iran Wednesday allowed Bank Maskan – the main housing bank – to issue 3 trillion rials ($99 million) worth of mortgage-backed securities in a bid to stimulate the…
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Iranian officials have rejected a ruling by the US Supreme Court that clears the way for families of victims of the 1983 Marine barracks bombing in Beirut and other attacks to collect nearly $2…
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Bank Melli Iran has plans to offer loans to sectors that contribute to national growth rates, raise export levels and create jobs in this fiscal year that started on March 20, said Abdolnasser…
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The government has banned the production and import of incandescent light bulbs in the current Iranian year (started March 20), according to the Energy Efficiency Organization of Iran.
The…
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With the completion of the nuclear deal and the opening of Iranian market, European businesses expected a trade bonanza.
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More than 16.7 million tons of crude steel and 15.2 million tons of steel products were manufactured in the last Iranian year (ended March 19, 2016), indicating a 0.57% and 7% decline respectively…
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South Korean companies are briskly moving to tap into Iran’s fast-growing construction and consumer markets, regarding the Iranian boom as a breakthrough to their prolonged business slump amid the…
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Tehran Stock Exchange’s benchmark index ended a volatile trading week on April 20, 1,319 points or 1.66% lower to close at 78,269.
In Iran, weekdays start on Saturday and the weekly holiday…
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Unifying exchange rates has its own fundamentals and a positive trade balance is one of the key prerequisites, Ahmad Hatami Yazd said on Sunday.
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Higher oil production and the lifting of sanctions equates to economic growth for Islamic republic.
The Iranian economy is outperforming the region as a whole mainly because of higher oil…
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United States should take more responsibility about its commitments to facilitate Iran’s relink to international financial markets, Valiollah Seif, governor of Central Bank of Iran said on Tuesday…
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The Central Insurance company of Iran has identified nearly 5,000 insurance agents who run a second business other than selling policies, a practice deemed illegal by the regulator. Insurance…
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The CEO of Day Bank, Ahmad Shafizadeh, paid homage to the renowned Iranian graphic designer, Mostafa Assadollahi, for his artistic collaboration with the bank. “Artists play a…
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The government has ratified a law that will see the offering of domestically-produced barley and corn at Iran Mercantile Exchange.
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Tehran Stock Exchange’s all-share index TEDPIX inched down 4.50 points or 0.01% to close Tuesday trade at 78,430.9 after the dust from Monday’s rally settled, and robust gains by steelmaking and…
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More than 25 million tons of iron ore concentrates were produced in the last Iranian year (ended March 19, 2016), indicating a 0.3% rise compared with the previous year, Iranian Mines and Mining…
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The Indian government is currently busy balancing its West Asia strategy. If Prime Minister Narendra Modi was in Saudi Arabia earlier this month, External Affairs Minister Sushma Swaraj at the…
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The director of Bureau de Change Operators’ Association has called for setting up a futures market for currencies to both attract domestic and foreign investments and pull the market out of…
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The Bank of Industry and Mine and the prestigious Amir Kabir University of Technology signed an agreement on Monday to help market innovative ideas. BIM is set to establish a specialized advisory…
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Moscow and Tehran have removed legal barriers to granting Iran a $5-billion state loan, Russian Deputy Foreign Minister Sergei Storchak said.
Preliminary agreements on the state loan…
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Connecting to international payment networks is high on the Central Bank of Iran’s agenda in this fiscal year that started on March 20, said Davoud Mohammad Beigi, head of CBI’s department of…
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The presence of the second economic delegation from the Czech Republic in Tehran signifies that country’s determination to develop two-way economic relations, deputy head of Tehran’s Chamber of…
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The head of Iran’s Home Appliances Association, Mohammad Tahan Pour says distribution of credit cards for buying home appliances will end on April 19 and customers can use the cards starting from…
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A 30-strong business delegation from the Czech Republic, made up mainly of representatives of the country’s mining sector, visited Tehran on Sunday and met with members of Tehran Chamber of…
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