European banks are tentatively reengaging with Iran as the Middle East’s second-largest economy slowly emerges from a sanctions regime that has kept it in the financial wilderness for years.
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>
Private banks will allocate more resources to medium and small-sized businesses in the new fiscal year (started March 20), said Kourosh Parvizian, CEO of Bank Parsian and head of the Center for…
Bank Melli Iran has initiated new plans to expand its international operations. Abdolnasser Hemmati, the CEO, called for enhancing coordination between the bank’s overseas branches to improve the…
Tehran Stock Exchange’s main index TEDPIX lost 684.20 points or 0.84% to end Sunday trade at 80,852.7. Energy, steel and mining companies were the main laggards.
More than 63% of TSE-listed…
Iran’s Securities and Exchange Organization has become a member of the International Organization of Securities Commissions. IOSCO Secretary-General Paul Andrews has invited the SEO head Mohammad…
Chris Parker is the CEO of Iran Business Hub, a London-registered, international, British and Iranian partnership that specializes in large corporate entry into Iran.
The Iran Business Hub…
The negative trade balance in the agricultural sector narrowed to less than $3.5 billion in the last Iranian year (ended March 19, 2016) from $5.6 billion and $8 billion in the years ending March…
Iran has launched corresponding relations with banks in Switzerland, Italy, Germany and Belgium following the lifting of the sanctions on January 16, said an official in the Central Bank of Iran…
Amin Investment Bank and trAIDe GmbH have signed partnership deal to support German companies looking for insights to tap into Iran’s emerging economy.
The Iran International Banking Forum 2016 will be held in Frankfurt in May to evaluate the country's banking system, the head of the Iranian World Trade Center announced.
The event, which…
The Caspian Credit Institution, formerly known as Arman Iranian Credit Institution, is now listed on the Central Bank of Iran’s website as the fifth certified financial institution in the country…
Tehran Stock Exchange’s main index gained 56.50 points or 0.07% to close Saturday trade at 81,536.9. Shipping, petrochemical and oil companies provided the biggest boost to the benchmark.
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If there is a seat left in business class on a flight to Tehran, you might be hard pushed to find it. Ever since Iran signed its nuclear accord in January lifting longstanding sanctions,…
Iran started the new calendar year of 1395 on March 20, which was dominated by the long Norouz holiday.
Iranian stocks were enslaved to the fate of economic sanctions against Iran during…
Promoting a taxpaying culture, creating trust and transparency in the tax collection process and raising awareness about the tax system are high on the agenda of the Iranian National Tax…
The Central Bank of Iran has forecast upliftment of the property market in the current calendar year (started March 20), despite the rather gloomy data that marked the previous year.…
Iranians ushered in the New Year with renewed optimism for better living conditions for the 80 million population after enduring a decade-plus of hardship imposed by the unjustified and harsh…
A branch of the Russian Tempbank will open in Qeshm Island to help facilitate bilateral commercial and economic ties between Iran and Russia, the CEO of Tempbank announced.
Iran’s Economy Ministry has issued 5 trillion rials ($145 million at the market exchange rate) of lease-based Islamic bonds, expanding the range of the government’s funding tools and providing a…
A surprise spike in iron ore prices this year is shaking out fresh supplies of the steelmaking raw material, but some miners say it is too soon to aggressively restart production shuttered by a…
Iran’s trade balance was positive in the last Iranian year (March 21, 2015-March 19, 2016), registering a surplus of $916 million, according to the latest report by the Islamic Republic of Iran…
Stocks in Tehran rose in the first trading week of the new Iranian year (started March 20) on optimism about the Iranian economy and dissipation of worries about falling commodity prices globally…
Iranian Aluminum Company produced about 180,000 tons of pure aluminum in the last Iranian year (ended March 19, 2016), indicating a 9% increase compared to the previous year, managing director of…
Banks have settled 20 trillion rials ($661.8 million) of their debts to the Central Bank of Iran during the first 10 months of the fiscal year (ending January 20). According to CBI’s latest…
This week Iran’s Volleyball Super League’s final match was held between Sarmayeh Bank’s club vs. Paykan, with the former grabbing the title.
Sarmayeh’s victory, however, raised doubts…
