The government's new package to salvage the volatile currency market agrees with the lawmakers' own plans for strengthening the rial, the chairman of Majlis Economic Commission said.
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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As Iran continues to battle a currency crisis mainly brought about by expectations of worsening international ties because of the reimposition of US sanctions, the country’s housing market has…
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Germany’s central bank, Bundesbank, has revised its regulations to stop Iran from withdrawing €320 million ($400 million) in cash from the country’s bank accounts.
Under the new…
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Iran’s intelligence forces disbanded a criminal ring on Thursday involved in foreign currency and gold smuggling. Coordinated security operations across the northwestern province of West…
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After weeks of tepid performance, a wave of good news regarding changes in the government's foreign exchange policy heaved stocks to heights never seen before.
Overall, TSE's all-share…
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Minister of Industries, Mining and Trade Mohammad Shariatmadari is scheduled to inaugurate Iran’s first iron ore beneficiation plant in Kerman Province on Saturday, his deputy Masoud Karbasian…
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Following US President Donald Trump’s May 8 decision to withdraw from the Joint Comprehensive Plan of Action, the United States has embarked on a “maximum pressure” campaign against Iran.
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Prices in the Iranian semi-finished steel export market decreased somewhat in the week ended August 1 because buying activity in the major outlets was limited by the imminent renewal of US…
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Photos of at least six brand new ATR 72-600 turboprops made for Iran in the vicinity of Toulouse-Blagnac Airport have surfaced on aviation media outlets in recent days, raising hopes for the…
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Tehran Stock Exchange’s main index gained 2,777.76 points or 2.29% on Wednesday to end trading at 123,951.3.
About 2.13 billion shares valued at $171.87 million changed hands at TSE for…
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Tehran Stock Exchange saw 55,000 trading codes issued for new investors during the first four months of the current fiscal year (March 21-July 22), TSE’s managing director said. “The number of…
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A major Indian producer of beauty products Emami Group is set to enter Iran and scout for partners to begin operations at a time when the country may come under stress on account of impending US…
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As markets await the government’s new foreign exchange plan to combat the intense volatility, speculation about the contents of the package abounds.
Mohammad Reza Pour-Ebrahimi,…
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A new report by Tehran Chamber of Commerce, Industries, Mines and Agriculture highlights the fact that Iran’s banks and credit institutions have too many branches compared to both international…
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Iran’s payment industry is beset by unhealthy competition between payment service providers and the fallout of a volatile foreign currency market, the managing director of Fanava Card Company…
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Iran Development Bank will be established in the foreseeable future to meet the country's production and manufacturing needs and foster job creation and thwart the fallout of the reimposition of…
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The economic research arm of the Ministry of Economic Affairs and Finance has published a detailed analysis of taxation in housing sector, calling for levying capital gain tax to control the…
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Iran's sovereign wealth fund entrusted $15 billion in foreign currency resources to state-run and private banks in the first four months of the current fiscal year (March 21-July 22).
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International credit cards have found their way to one of Iran’s free trade zones, offering a credit of up to $100,000 to Iranian businessmen, an official with the Kish Free Trade Zone…
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Foreign exchange rates in Tehran's unofficial market declined in a sign that the bull run has slowed, following the Central Bank of Iran's announcement that it will soon unveil a package of new…
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Westminster Group PLC has made progress in implementing the contract for supplying security equipment at an airport in Iran. The $24 million contract was put on hold following the US withdrawal…
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Some 4,600 industrial units are under construction in industrial parks across the country.
“These projects have made 70% progress on average,” Deputy Industries Minister Sadeq Najafi was…
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Exports by the Islamic Revolution Mostazafan Foundation hit nearly $900 million (including revenues from tourism industry) in the last fiscal year (March 2017-18), registering a 45% rise…
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The government of the Sultanate of Oman has agreed to offer an exclusive port to small Iranian ships to help speed up the transportation of cargo, especially fruits and vegetables, the chairman…
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Stocks extended their four-day rally on Tuesday, as both Tehran Stock Exchange and Iran Fara Bourse registered their highest-ever single day growth.
TSE's main index TEDPIX surged 4,414.…
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