Battling corruption in any organization requires the creation of an ambience where interactions between clients and officials are minimized.
By implementing proper mechanisms, this…
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.
Saeed Fallahpour, an academic and a certified risk manager, has become the Securities and Exchange Organization’s new deputy for executive affairs. Fallahpour holds a PhD in financial management…
The UK is pursuing the reestablishment of ties between major British lenders and their Iranian counterparts, but according to Lord Lamont, the country’s trade envoy to Iran, complications persist…
According to the latest report of the Statistical Center of Iran, there were 8,975,135 apartments across Iran, which accounted for 39.9% of all residential units by the end of the previous fiscal…
In the month ending April 20, the government's debts to the banking system, including the Central Bank of Iran, commercial, specialized and private banks, exceeded 2.2 quadrillion rials ($58.3…
Iranian banks are reluctant to initiate interest rate cuts, the secretary-general of Private Banks and Credit Institutions Association said.
A delegation led by the governor of Croatian National Bank, the central bank of East European nation, will travel to Tehran in the foreseeable future to remove banking hurdles, the assistant…
The Producer Price Index in the 12-month period ending December 21, which marks the end of the Iranian month of Azar, increased 7% compared with last year’s corresponding period, according to the…
The rial was quoted at 45,950 to euro on Thursday in Tehran’s market, losing 4.35% against the European currency compared with the previous Thursday’s close. According to Tehran Gold and Jewelry…
The total arrears of 27 Iranian private banks and non-bank credit institutions to the Central Bank of Iran up to April 20 stood at 347.8 trillion rials ($9.2 billion), marking a drop of 9%…
Insurance companies and agents selling insurance policies via Internet are responsible for problems caused by any illegal activity in the sale process, the president of the Central Insurance of…
The longstanding goal of housing sector recovery could be realized by the end of the current year (March 20, 2018), as a top official with the Ministry of Roads and Urban Development said the…
Tehran Stock Exchange’s main index TEDPIX gained 1,347 points or 1.7% during the week that ended on July 26 to its 16-month high of 81,509.
TEDPIX had already broken past the sticky 80,000…
Containing inflation has been one of the most significant economic achievements of Iranian President Hassan Rouhani’s first term in office.
Imported hot-rolled coil prices in Iran continued to grow in the week ending July 26, as producers in the Commonwealth of independent States increased offers.
CIS mills are major suppliers…
Every week, press updates confirm the growing commercial interest of first class international groups in entering the Iranian market-whether it’s the US green light for export licenses to Airbus…
The International Exhibition of Marine, Seafaring, Ports and Related Equipments, otherwise known as Marinex 2017, is scheduled to be held at Anzali Free Zone Fairground from August 1 to 4.
The Export Development Bank of Iran, the country’s exim bank, established a total of 120 correspondent relations with foreign banks in the previous fiscal year to March 20, 2017, the bank’s chief…
The prolonged stagnation in Iran’s housing sector, which started in March 2012, has persisted through the summer of 2017 as housing deals across the country are declining while rents are outpacing…
The Central Insurance of Iran, the regulatory body of insurance industry, has banned the sale of burglary insurance policies to unlicensed jewelry and exchange shops. The decision was made by CII…
Iran will sign new finance contracts worth $12 billion with three Asian and European banks within a month, deputy governor for foreign exchange affairs at the Central Bank of Iran announced.…
A new steel plant with a production capacity of 1.20 million tpy of steel billet has started operations in Yazd Province of central Iran. Global billet prices, which are already under pressure…
The Agriculture Ministry's Information Technology Department has developed a system to streamline data management and balance demand and supply in the agricultural sector.
The new chief at the helm of Iran Air might not be the first woman to become the executive captain of a national flag carrier in the Middle East, but she is taking charge at a crucial moment as…
Tehran Stock Exchange’s main index gained 327.60 points or 0.40% to end Wednesday trade at 81,509.3.
About 1.11 billion shares valued at $90.60 million changed hands for the day.
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