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.
July 21, 2023 18:51
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September 16,2018A senior banking official said the steep fall in the value of rial against the US dollar has strained banks’ balance sheets by dealing a blow to their capital levels. Kouroush Parvizian, the head... -
September 16,2018The Market Regulation Headquarters has called for the speedy import of diapers amid rising shortage of the product in the domestic market. The call also extends to the import of raw materials for...
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September 16,2018The Iranian government says it is providing subsidized foreign currency to importers and producers of medicines to prevent the rise in prices, as the value of rial has taken a nosedive. “The...
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September 16,2018A total of 18.42 million tons of iron ore concentrate were produced in Iran during the first five months of the current fiscal year (March 21-August 22) to register a 19% growth compared with last...
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September 15,2018The United States is still studying possible waivers of sanctions against countries or businesses that...
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September 15,2018Bank Maskan, the agent bank of Iran’s housing sector, has released the latest report on its resources and expenses, indicating that its customers mostly favor short-term deposits. According to a...
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September 15,2018Iran’s major aluminum companies produced an aggregate of 151,691 tons of aluminum products during the first five months of the current fiscal year (March 21-Aug. 22), which indicates a 10% increase...
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September 15,2018The government will start levying taxes on business owners' transactions processed through point-of-sale devices to combat tax evasion, the head of Iran National Tax Administration announced. "...
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September 15,2018Major Iranian steelmakers exported a total of 3.10 million tons of semi-finished and finished steel products during the first five months of the current fiscal year (March 21-Aug. 22) to register a...
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September 15,2018The Plan and Budget Organization of Iran signed a memorandum of understanding with the Ministry of Cooperatives, Labor and Social Welfare on Saturday to increase employment opportunities in the...
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September 15,2018Afghan security forces have arrested 13 individuals in Herat Province on charges of smuggling dollars to Iran.
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September 15,2018Former governor of the Central Bank of Iran, Tahmasb Mazaheri, has welcomed the action taken by CBI in establishing the Secondary Forex Market, adding that by doing this, the bank has accepted the...
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September 15,2018After Iran, Russia and Turkey, three regional allies hit by US sanctions, discussed a possible replacement of the US dollar by national currencies last week, business figures in Iran are now...
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September 15,2018Tehran Stock Exchange’s main index gained 3,058.12 points or 1.97% on Saturday to end trading at 158,119.2. About 4.16 billion shares valued at $120.88 million changed hands at TSE for the day....
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September 14,2018Seven construction and renovation projects have been launched at Tehran’s Mehrabad International Airport with 700 billion rials ($5.14 million) of government investment. According to the airport’s...
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September 14,2018Germany and its European partners are considering setting up a payment system with Iran, which allows the continuation of business transactions with the Islamic Republic once US sanctions kick in,...
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September 14,2018A senior member of Expediency Council, a body that settles disputes between the Majlis and the vetting body Guardians Council, said EC members have not rejected the government bill to amend the...
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September 14,2018A crisis is emerging in Iran’s healthcare sector, as patients are reporting shortages in life-saving medicine.
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September 14,2018Changes in Iran Mercantile Exchange regulations have done wonders for the stocks market. Talks of the removal of price ceiling for steel products in IME led to a major inflow of capital into the...
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September 14,2018Bank lending increased 3.3% in volume during the four months to July 22, the latest figures showed. IRIB News reported that Iranian banks and credit institutions granted 1.1 quadrillion rials ($8....
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September 14,2018Central Bank of Iran Governor Abdolnasser Hemmati announced on his Instagram page that €3.2 billion have been allocated for the import of essential goods in the past one month. Hemmati added that...
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September 14,2018Companies from dozens of countries are showing their wares at the Damascus International...
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September 12,2018Share trading on Wednesday started with a bang, as Tehran Stock Exchange’s main index made a 6,000-point jump in the first hour of the trading day alone, exceeding 155,000 points by the end of the...
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September 12,2018A senior lawmaker has voiced support for three of four legal measures required from Iran to be in good standing with the Financial Action Task Force, but said a guarantee is needed from the global...
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September 12,2018A member of Majlis Plan and Budget Commission said the Leader Ayatollah Seyyed Ali Khamenei has consented to the allocation of $1 billion from the National Development Fund of Iran for boosting...
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