The insurance industry has managed to earn 88.5 trillion rials ($2.3 billion) from premiums during the first four months of the current Iranian year (started March 21).
According to new…
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.
Capital Intelligence Ratings, the international credit rating agency, has released its ratings for two Iranian private insurance firms, revising one insurer’s outlook to “positive” and giving a…
Iran is in dire need of foreign finance after years of hard-hitting sanctions and more than glad to wrap up deals worth $40 billion negotiated or agreed upon in the post-sanctions era.
A total of 5.8 trillion rials ($151.59 million) in bond yields will be paid to investors in Shahrivar (Aug. 23-Sept. 22)–the sixth month of the current Iranian year, Hadi Alipour, an official…
Tehran Stock Exchange’s main index gained 127.10 points or 0.15% to end Monday trade at 83,012.1.
About 1.2 billion shares valued at $68.59 million changed hands for the day.
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More than 22,000 tons of carded and uncarded cotton worth close to 1.54 trillion rials ($47.4 million) were imported into Iran during the first four months of the current fiscal year (March 21-…
Iran Mercantile Exchange witnessed the trading of more than 2.84 million tons of commodities valued at $1.17 billion during the fifth month of the current fiscal year (July 23-August 22),…
When Iran’s Ministry of Roads and Urban Development said last year the country's ever-increasing railroads will work below capacity if more railcars are not imported, the domestic railcar makers…
In case of disagreement between the Central Bank of Iran and the Audit Organization of Iran over who gets to set financial reporting standards for banks and credit institutions, which issue has…
A total of 150,000 residential units in rural and urban areas will be built for the poor as part of policies set in the Sixth Five-Year Development Plan (2017-22), a deputy at the …
As the Central Bank of Iran issued a new directive on Aug. 23 setting a deadline for banks to reduce their deposit interest rates to 15%, the Iranian private sector demands strict oversight over…
Bank Melli Iran, owned by the government, doled out nearly 423,000 loans worth 195 trillion rials ($5.11 billion) during the four months to July 22. According to the latest data published on BMI…
Mobarakeh Steel Company produced 2.7 million tons of steel products during the five months to August 22, according to data published by MSC on Tehran Stock Exchange. Hot-rolled coil made up 1.58…
Tehran Stock Exchange’s main index dropped 11.80 points or 0.01% to end Sunday trade at 82,885.3.
About 1.04 billion shares valued at $47.81 million changed hands for the day.
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Iran is one of the oldest producers and the biggest trader of hand-woven carpets worldwide.
In line with the general policy of conducting foreign exchange transactions through the banking system rather than exchange shops and stabilizing the market, the Central Bank of Iran is allowing…
The Central Bank of Iran issued a new directive less than a week ago requiring banks to rigidly observe interest rates lowered a year ago by the Money and Credit Council in the latest move to…
Iran’s maritime businesses are to receive loans worth 2 trillion rials ($52.5 million) during the current fiscal year (ending March 20, 2018), the head of the Fund for Development of Marine…
Since the implementation of the nuclear accord with world powers in Jan. 2016, Iranian banking system has engaged in foreign exchange transactions worth over $38 billion, the Central Bank…
Minister of Agriculture Mahmoud Hojjati said the government will cover 85% of the expenses involved in modernization of irrigation systems in farms and orchards across the country in the form of…
The First International Exhibition of Glass and Related Industries, otherwise known as Iran GlassTec, opened in Tehran’s International Fairground on Wednesday and concluded on Saturday. The…
The Iranian government is offering huge discounts on customs duties at Chabahar Port to attract more Afghan traders.
Afghan news agency Wadsam also cited the economic attaché at the…
Import prices for hot-rolled coil have continued to rise in Iran, as suppliers—which are now mainly Russian mills—have issued higher offers.
The growth has been driven by the …
Tehran Stock Exchange’s main index gained 355.30 points or 0.43% to end Saturday trade at 82,897.1.
About 731 million shares valued at $83.5 million changed hands for the day.
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Bank Refah, affiliated with the Social Security Organization, is set to dole out loans up to 8 billion rials ($209,810) to each physician. According to a statement published on the bank’s…
