Iran has reentered the global market and investors are lining up. See who is leading the pack and who is lagging behind.
With the fall of Iran’s international sanctions in January, many…
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>
A look at the hustle and bustle of sportswear and sports equipment shopping centers suggests that the industry must be thriving in the country. However, the reality proves the contrary.
Considerable losses by large-cap banks, petrochemical companies and auto manufacturers dragged Tehran Stock Exchange's benchmark down to a three-month low on Saturday.
Over 60% of listed…
Swiss law firm Python & Peter has launched its office in Tehran, as the country opens for business in the aftermath of the lifting of economic sanctions. The firm was founded in Geneva by four…
Iran has an extensive plan to develop its mines and mineral industries, the head of Iranian Mines and Mining Industries Development and Renovation Organization announced.
The UK government has recently published a set of guidelines on trade and doing business with Iran “to help British businesses take advantage of the opportunities that economic reengagement with…
The lifting of sanctions has breathed life into the commercial vehicle market, with French and German original equipment manufacturers already in talks with local manufacturers to begin the…
The banking reform draft bill which is pending debate in the Majlis requires banks to offer risk-adjusted returns on investment fund deposits, rather than a fixed rate, a new report shows.…
Ending the dual exchange rate regime is a professed priority of the Central Bank of Iran. Ever since the landmark nuclear deal was sealed between Iran and the six world powers, the CBI has often…
European companies are flocking to Iran apparently without their favored lenders at their side. This has added a complicating factor for manufacturers from Airbus Group SE to PSA Group, the maker…
Bank Sarmayeh is planning to expand investment in the sports arena after its affiliated team won Iran’s Volleyball Super League championship title in March. Mohammad Reza Khani, the bank’s CEO,…
Bank Pasargad Iran and South Korea’s Woori Bank agreed to expand correspondent relations to help improve commercial relations between the two countries. BPI and Woori Bank also agreed to start…
Bank Pasargad Iran is seeking to launch a branch or a subsidiary in Switzerland, said the bank’s chief executive, Majid Qassemi on Thursday.
“Switzerland is one of the countries we have set…
The Central Bank of Iran has finally agreed with the long-pending real estate leasing scheme which was proposed by the National Association of Leasing Companies. The scheme will be legally-binding…
The Insurance industry’s loss ratio stood at 63.8% during the fiscal year that ended on March 19, marking a year-on-year increase of about 5%.
In a move to ease trade relations with Iran, the Central Bank of Turkey has issued instructions for banking transactions to be conducted in local currencies. Chairman of the Istanbul Chamber…
The central banks of India and Iran have reached an arrangement to use European banks to process pending oil payments to Tehran, India's Oil Minister Dharmendra Pradhan told Reuters, unlocking $6.…
Siemens revised upwards its valuation of its backlog of orders from Iran on Wednesday, citing resurgent business prospects in the country following the easing of international sanctions.
German multinational engineering and electronics company Robert Bosch GmbH will resume its business in Iran under the brand name of “Bosch Tejarat Pars” private joint stock.
The…
Compared to most oil-rich countries in the Middle East, Iran has a diversified economy, such that its tourism sector is on the verge of a major windfall.
Iran’s Refah Chain Stores Company and Korea Agro-Fisheries and Food Trade Corporation have signed a memorandum of understanding for cooperation.
Iran is in talks with Moody’s Investors Service and Fitch Ratings about restarting sovereign credit ratings for the oil-rich state, Iran's Economy Minister Ali Tayyebnia said.
Iranian stocks remained in slumber while the dollar sank to a six-week low against the rial due to rising oil prices during the past week. This is while Azadi gold coin got knocked off its highest…
Iranian Aluminum Company (Iralco) signed an investment agreement worth $2 billion with China Railway Group Limited in Tehran on Wednesday. “The project will be carried out in the second plant of…
India has agreed to pay Iran 1.5 % interest on $6.5 billion that refiners like Essar Oil and Mangalore Refinery (MRPL) owe it in oil dues, as a ‘goodwill gesture’.
Iran had sought an…
