The government is doing all it can to promote the ease of doing business, reduce the bloated bureaucracy and break the chains of red tape by creating optimal harmony between the workers and…
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.
In his latest remarks to the news website of Iran Chamber of Commerce, Industries, Mines and Agriculture, the chamber’s deputy head talked of new deals in the industrial sector, underlining the…
Referring to the recent negotiations between Iran and the Financial Action Task Force, the economy minister says Iran will not acquiesce to the anti-money laundering body’s requests if they are…
Bank of Industry and Mine has opened letters of credit for industrial units since the lifting of the sanctions in January with their total value amounting to $11 million, according to the bank CEO…
The Money and Credit Council – a decision-making body– has raised the minimum capital requirement for the establishment of banks in free trade zones from the previous €25 million to €150 million.…
Tehran Stock Exchange’s main index gained 326.80 points or 0.44% to end Sunday trade at 74,194.8.
Over 1 billion shares valued at $100 million were traded for the day.
Tabriz Oil…
The Eighth Iran Stone Exhibition, also known as IRSE 2016, opens in Tehran today. Some 40 firms from Italy, Germany, Spain, Turkey, India, Portugal, South Korea, China and Russia, alongside 210…
Boeing CEO Dennis Muilenburg says his aerospace company is following the lead of the US government when it comes to furthering the multibillion dollar deal for passenger aircraft that the…
The head of Monetary and Banking Research Institute says representatives from international rating agencies visited Tehran during the Ninth International Exhibition of Exchange, Bank and Insurance…
The European Parliament will use its influence to help Iran reconnect to the global banking network faster, said a British member of EU Parliament, Richard Hewitt, during a visit to Tehran Chamber…
Non-performing loans, shortage of capital and the operation of 7,000 unregulated financial and credit institutions are the main problems of the banking system, a former bank official says.
Bank Melli Iran has launched an online database including information about its properties. The move is in line with plans to promote transparency in the banking system.
Golgohar Mining and Industrial Company exported 900,000 tons of iron ore concentrate during the first three months of the current Iranian year (started March 20), which indicates a whopping 195%…
Economic sanctions were lifted from Iran in January 2016 and since then optimism has been building around the nation’s economic growth going forward.
Tehran Stock Exchange’s main index gained 105 points or 0.14% to end Saturday trade at 73,868.
Over 972 million shares valued at $61.9 million were traded for the day.
Pars Tile…
Pakistan’s Ministry of Commerce has asked the central bank and private banks to come up with a mechanism that would allow the resumption of banking transactions between Pakistan and Iran.
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Eliminating the army of regulating bodies and recommending a unified regulator for the fintech industry was the main topic at FinTechs and Regulatory panel held at the FINSTARS event on Wednesday…
A senior analyst has taken stock of the achievements of the Iran’s nuclear deal with the six major world powers or Joint Comprehensive Plan of Action one year after the historic accord was signed…
Iran’s Central Bank Chief Valiollah Seif discussed issues of mutual interest with President of the Deutsche Bank Jens Weidmann on Wednesday. The two officials discussed ways to enhance banking…
A titanium project is scheduled to become operational in the second half of the current Iranian year (starting Sept. 22, 2016), the head of Iranian Mines and Mining Industries Development and…
In recent months, Oman announced the launch of a direct shipping route between its port of Sohar, 220 km north of Muscat, and the Iranian port of Shahid Rajaie near Bandar Abbas on the shores of…
Mehdiabad Lead, Zinc and Barite Mining Complex produced 283,868 tons of barite during the first three months of the current Iranian year (started March 20), which indicates a 74% rise compared…
Iran Mercantile Exchange launched the online trading of gold coin certificates of deposit on July 12, starting spot gold trading in Iran.
The exchange started offering gold CDs for trading…
Tehran Stock Exchange’s benchmark index shed 286 points or 0.39% during the trading week that ended July 13 to close at 73,763.
Over 4.9 billion shares valued at $398 million were traded in…
Tehran, the capital of Iran, is an amazing city.
Despite being an unknown city to many businesspeople, there is a real sense of vibrancy and modernity about it and an exciting feeling of it…