Iranian payment service providers unveiled new e-payment services and smartphone applications at the 23rd International Exhibition of Electronics, Computer and E-Commerce (aka Elecomp 2017) that…
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.
The Central Bank of Iran on Tuesday announced that the government’s proposal for changing the currency unit needs to be passed by the parliament. In a meeting on Sunday, Iranian President Hassan…
The US Department of Agriculture is promoting increased trade with Iran, despite the clear opposition of the Trump White House, American news website The Washington Free Beacon reported.
A…
The Central Securities Depository of Iran issued 10 new trading codes for foreign investors during the third month of the current Iranian year (ending July 21) to trade in Iran’s securities market…
A shadow rising on the wall and growing in size can be spooky. However, a shadow distorts the original object based on the angle and intensity of light that created it, failing to faithfully…
Tehran Stock Exchange’s main index gained 247.80 points or 0.31% to end Tuesday trade at a 66-day high of 81,181.7.
About 603 million shares valued at $50.25 million changed hands for the…
As their deadline looms, banks and credit institutions are signing agreements that legally bind them to hand over information about the bank accounts of taxpayers to Iran National Tax…
In order to protect businesses against foreign exchange fluctuations and promote a relative stability in the forex market, the establishment of a currency futures market can be a…
While the average ratio of compliant banks' reserve requirements stood at 10.3% for the previous Iranian year to March 20, 2017, the more important figure is lenders' effective reserve requirement…
A government scheme, which aims to promote insurance specifically among motorcyclists, is gathering pace as thousands of insurance policies were sold in only a month, the director of Personal…
Tehran Stock Exchange’s main index inched up 14 points or 0.02% to end Tuesday trade at 77,975.4.
More than 1.7 billion shares valued at $68 million changed hands for the day.
Pars…
Ever since Iran proposed the Chabahar Port development project to India, several articles and papers have been published in the Indian media.
National Iranian Copper Industries Company recorded its highest concentrate output in the last fiscal year (ended March 20, 2017) by producing 1.07 million tons of the material, recording a 9.51%…
The Trade Promotion Organization of Iran has allocated €250 million from the resources of the National Development Fund of Iran, which will be deposited in foreign banks for guaranteeing technical…
While some economic experts and bank managers believe that the impact of banks' reserve requirements has waned over time and its ratio should gradually reduce, the director of Central Bank of Iran…
As the first tenure of President Hassan Rouhani is coming to an end and he is expected to introduce his Cabinet for the next administration in a matter of weeks, the private sector has renewed its…
Iran Chamber of Cooperatives plans to establish a new bank, the head of the chamber announced. “Tose’e Ta’avon Bank (Cooperative Development Bank) cannot support the cooperatives sector due…
Tehran Stock Exchange’s main index gained 192.20 points or 0.24% to end Sunday trade at 80,863.0.
Trading at TSE and Iran Fara Bourse starts on Saturday and ends on Wednesday.
About…
The Administrative Justice Court receives the lion’s share of complaints against public entities about the conduct of the Ministry of Cooperatives, Labor and Social Welfare, Social Security…
Tehran Stock Exchange’s main index TEDPIX gained 1,935 points or 2.5% during the fourth month of the current Iranian year (June 22-July 22) to end at a 55-day high of 80,670.8.
The over-the…
Iran and Afghanistan have agreed to launch a railroad as of August 4, as per a deal signed in Tehran on Sunday. The agreement was signed by CEO of the Islamic Republic of Iran Railways Saeed…
Flat steel import prices continued to move up in Iran over the past seven days, in line with the positive trend in the global market.
Exports of iron ore will be halted by the end of the next fiscal year (March 20, 2019), a deputy minister of industries, mining and trade announced.
The euro gained against rial on Monday morning and hit a record. The high demand currency in Tehran’s market changed hands for 44,470 rials, which is the highest in the past three years. According…
The latest directive issued by the Central Bank of Iran obligating the conformity of banks to the International Financial Reporting Standards will not hinder lenders from holding annual general…
