Concerns in the financial community about doing deals in Iran are hampering Airbus Group SE’s ability to close a multibillion-dollar aircraft pact with Tehran, the European plane maker’s head of…
Business And Markets
<p>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.</p>
Tehran-based international financial services group Turquoise Partners periodically issues newsletters and factsheets about Iran’s economy, based on International Monetary Fund, World Bank and…
The Cabinet has announced that all the necessary steps would be taken so that 350,000 residential units are ready for delivery by the end of the present fiscal year that ends in March 2017. The…
The governor of the central bank has stressed the necessity of upholding environmental-friendly norms in economic policy and projects.
Insurance companies are allowed to offer discounts for auto insurance only up to 2.5%, according to a law called into action by President Hassan Rouhani on Wednesday.
Iran’s five specialized banks have an aggregate capital of 98 trillion rials ($3.6 billion), or 22% of the total capital of banks.
Ali Ashraf Afkhami, CEO of the Bank of Industry and Mine,…
The Joint Comprehensive Plan of Action (Iran’s nuclear deal with the six world powers) has had a “tangible” effect on Tehran’s international banking relations as it helped remove curbs on domestic…
The housing market has been grappling with a stubborn recession for at least three years and although housing officials and some market analysts hope for some recovery in the coming months, few if…
Iran and Turkey have reached an agreement based on which the Central Bank of Turkey will upgrade banking relations between the two countries to pre-sanctions levels, a sign of normalizing banking…
The United States must do more to assure international banks that they can do business with Iran, Iran’s Foreign Minister Mohammad Javad Zarif said on Tuesday. “It seems that there is a…
Iran has signed new memorandum of understandings with three international export credit agencies. The country’s own ECA, the Export Guarantee Fund of Iran, has signed agreements with the Indian…
The Civil Servants Pension Organization is restructuring its holdings and looking for investment in foreign markets to keep up with its rising pension payments.
The organization is in…
Iran has unveiled a new Beechcraft King Air 350i aircraft used for flight inspection.
Poor packaging and transportation infrastructure has caused problems for Iran’s fruit and vegetable exports to Russia, according to Alireza Pourbasir, an official with the Agricultural Jihad…
TEDPIX, Tehran Stock Exchange’s primary index, inched down 60 points or 0.08% to close Wednesday trade at 76,084.2.
Losses incurred by oil and gas companies, banks and shipping firms were…
Over 7 billion square meters of concrete are produced worldwide every year, making this construction material the most abundant and mass-produced manmade material of all time, says Saeedreza Zare…
The overwhelming majority of the middle class cannot afford to have decent savings due to low income and high cost of living, the Minister of Cooperatives, Labor and Social Welfare Ali Rabiei said…
The Central Bank of Iran has informed banks to employ three new criteria while deciding loan applicants' financial status in a bid to improve the efficiency of banks’ lending power and pull the…
Some banks and automakers have developed a new lending plan to finance car buyers with up to 1 billion rials ($32,800) in loans, without using the money of the Central Bank of Iran.
Pretty hard choices must be made in “technical areas” to be able to remove toxic assets from banks’ balance sheets, the Minister of Roads and Urban Development Abbas Akhoundi says.
Eximbank of Russia is willing to help boost commercial relations between Iran and Russia by opening credit lines and multicurrency bank accounts for traders, Eximbank deputy chief, Zolotarev Levan…
A 24-member delegation from Ukraine, including executives and experts from companies active in food, agricultural machinery, livestock, poultry, transportation and logistics, wood and mineral…
Iran is blessed with an abundance of underground riches, as it is home to various world-class mines holding minerals as common as iron ore to rare metals such as gold and turquoise.
Tehran Stock Exchange’s all-share index TEDPIX retreated by 287.30 points or 0.38% to close trade at 76,144.2 on Tuesday. Big losses by shipping, auto manufacturing and petrochemical companies…
Close to 34,000 tons of coal concentrates were produced by Central Alborz and Tabas Parvardeh coal companies during the Iranian month starting March 20, indicating an 18% rise compared with the…