The Central Bank of Iran (CBI) has urged big banks to help it intensify supervision over the enforcement of its recent directive on interest rates.
“The CBI has deployed more inspectors to…
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 past twelve months have been a rollercoaster for Iran’s economy, with many industries dealing with a drastic change in their prospects and income. The Financial Tribune has put together an…
Gold inched up on Friday as higher oil prices boosted its safe-haven appeal, but the metal looked set to post its third straight weekly loss, weighed down by a strong dollar. Gold prices will stay…
Parliamentarians have approved a law that makes the Ministry of Economic Affairs and Finance the sole supervisor of banks and credit institutions. According to the new legislation, banks and…
The United States on Tuesday imposed sanctions on nine new targets, saying the entities and people targeted had supported Iran's efforts to buy or acquire US currency, Reuters reported.
The dollar fell against the rial on Wednesday registering the fourth consecutive day of losses.
The US dollar, the euro and the British pound sterling fell as the equity market slipped to a…
A senior advisor to the managing director of Kish Free Trade Zone has said the Persian Gulf island serves as a model for all other Iranian cities in terms of planning and urban development.
The Iran Mercantile Exchange (IME) witnessed the offering of local rice on the agricultural trading floor on Wednesday, IME’s public relations and international affairs office reported.
More than 30 Italian companies will attend the first exclusive four-day exhibition of Italian products in Tehran, reported iribnews on Wednesday.
The event will kick off here on January 5.…
Industrial and economic advantages of Iran’s mining sector are being eclipsed by the powerful energy (oil and natural gas) sector, a member of Iran Mine House said in an interview with Radio…
The secretary of Iran’s Cement Association said that cement production dropped 6% during the first eight months of the current Iranian calendar year (March 21-November 21), reported ISNA.
Massive gain evaporation at the Tehran Stock Exchange (TSE) eventually dragged down the benchmark to notch a record low within the past 15 months at Wednesday’s close.
Indices kept losing…
The production of light and heavy-duty vehicles during the first nine months of the current Iranian calendar year (started March 21, 2014) indicated a 70% increase compared with the similar period…
In a bid to help the equity market get back on track it has been agreed that a financial stability committee be set up within the Securities and Exchange Organization, SENA quoted Mohammad…
The Fifth edition of Ideal City Exhibition has kicked off on the Persian Gulf Island of Kish with over 100 companies in attendance.
Dr. Nozarpour and the senior advisor to KFZO managing…
North Khorasan province has assigned 419 million euro (approximately $510 million) worth of development plans to National Development Fund of Iran (NDFI), Mohammadreza Movaffaq, director of…
The Iranian medical device market, ranking fifth in the Middle East and Africa valued at $832.5 million, is expected to expand by 9.1% CAGR (Compound Annual Gross Rate) to 2018, a new report…
C urrency exchangers show resistance to the rial’s appreciation due to volatility in the currency market and demand from buyers, said an economic expert on Tueday.
Bonds can be used to subdue inflation in the years to come, thus giving a free hand in extending credits to commercial banks, said the CEO of Middle East Bank.
More than 34 trillion shares have been offered via initial public offerings (IPO) at the Tehran Stock Exchange (TSE) and Fara Bourse, or over-the counter (OTC), since March 21, Iran Privitization…
The 21st Exhibition of Iran Packing and Printing (IPP 2014) wrapped up on Tuesday on the capital’s permanent fairground. The event, supported by the Trade Promotion Organization of Iran (TPO), is…
The two major Iranian carmakers Iran Khodro and Saipa were ranked sixth and tenth, respectively, in a survey conducted to assess customer satisfaction of the car sales process in Iran, reported…
Stocks wax and wane relentlessly, pushing the Tehran Stock Exchange (TSE)’s main index notching new record lows, as the equity market is grappling with uncertainties over the future of the economy…
The government must soon set new tariffs on steel imports in a bid to reinvigorate the domestic steel industry, IRNA quoted Mehdi Karbasian, the deputy minister of industry, mine and trade as…
The Sepahan Oil Company (SOC) announced financial results for the first half of the fiscal year 1393 (started March 21, 2014), based on which the company’s net income was over 1.56 trillion rials…
