President Hassan Rouhani's chief of staff has denied recent claims by selected news outlets that the government for politically motives intentionally allows increase in foreign exchange rates.…
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.
Stocks rose on Wednesday as investors took heart from the rally in global markets, expectations of positive earnings reports of companies and the boom in commodity trading on Iran Mercantile…
Debating next year's (March 2019-20) budget bill in the Majlis, lawmakers on Wednesday obliged the Iranian National Tax Administration with collecting 30% of overdue taxes in the current…
In the first ten months of the current fiscal to January 20, lenders granted 5,380 trillion rials ($ 42 billion) in loans, up 757 trillion rials ($6 billion) compared to the same period in the…
Committed to preserving historically close trade relations between Iran and Italy, private sectors from both sides have explored the setting up a small bank to side-step the new US sanctions…
The fifth round of crude oil offer on Iran Energy Exchange ended Monday with only one cargo (35,000 barrels) out of the one million offer sold on the stock market. The cargo was sold at $…
While debating the March 2019-20 budget bill on Monday, lawmakers allowed the government to borrow $30 billion in foreign finance in the next fiscal (March 2019-20). According to parliamentary…
The amended Anti-Money Laundering Law was finally signed into law by President Hassan Rouhani last month after it was studied in graphic detail by several entities, namely the specialized…
The US dollar crossed another psychological threshold in Tehran on Monday with price pressures increasing as the end of the Iranian fiscal year approaches in March.
A study conducted by the Statistical Center of Iran has for the first time measured the share of the private sector in the national economy. The findings indicate a bigger role for the…
Lawmakers on Sunday approved an amendment to next year's (March 2019-20) budget bill obliging the Oil Ministry to offer on a monthly basis 2 million barrels of light crude on the Iran Energy…
The initial public offering of FKA Agriculture & Animal Husbandry Company (FKA) has been completed on Iran Fara Bourse Second Market with each share of FKA priced at 8,300 rials.
Resources of Bank Maskan’s Housing Savings Account, the mortgage loan program of the state-run bank, reached 87.56 trillion rials ($729.74 million) by the end of the Iranian month Dey (Jan. 20…
The Expediency Council for the third time Saturday refused to come up with a definite ruling on whether or not it supports Iran's accession to the UN Convention on Transnational Crime, commonly…
Foreign exchange rates and gold began the week in a bullish mood as the two surged on Saturday in Tehran market. The US dollar broke the psychological level of 120,000 rials and was…
In a bid to encourage companies to return their export earnings to the country, the Central Bank of Iran has offered a new incentive package.
The intergovernmental Financial Action Task Force convenes in Paris this week for its plenary meeting. Among other things, it will look into Iran's progress with the Action Plan, the anti-money…
The EU has set no preconditions on implementing the Special Purpose Vehicle that the EU has set up for Iran known as INSTEX, the UK ambassador in Iran said.
The Money and Credit Council - a top decision-making body - approved a proposal by Central Bank of Iran to launch a mechanism to monitor currency allocation process for imports. According…
The National Iranian Oil Company published a notice Wednesday announcing the fifth round of crude oil sale on Iran Energy Exchange to launch on February 18. As per the notice published on the…
According to central bank data, Iran’s foreign debt was $10.03 billion by the end of first nine months of the current fiscal on December 21.
The Institute for Trade Studies and Research, the research arm of the Ministry of Industries, Mining and Trade, has conducted a study of the industrial sector role in the economy over the span…
Tehran Stock Exchange’s main index, TEDPIX, climbed from 95,509 points at the end of the third quarter of the previous fiscal (2017-18) to 156,083 points by the Dec. 21, 2018 -- up…
Iran's housing sector experienced a year-on-year inflation of 24.2% in the Iranian month Dey (Dec. 22, 2018-Jan. 20).
A monthly report by the Central Bank of Iran released on Sunday, showed liquidity reached 17,645 trillion rials ($150.8 billion) in the Iranian month of Azar (Nov.22-Dec. 21), up 22.1%…
