A leap by Tehran Stock Exchange in the past four weeks contrasts with gloom in many bourses around the world and hints at Iran's investment potential as its economy, long isolated by sanctions,…
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.
US Customs and Border Protection lifted a ban on the import of Iranian carpets as of January 21, reopening a huge market to Iran’s exporters.
Yet there are challenges to overcome before the…
Following the lifting of international banking sanctions against Tehran late last month, lenders have embarked on the difficult task of regaining public confidence in foreign currency accounts,…
Banks will probably lower interest rates before the fiscal year is out on March 19, following the recent reduction in interbank rates, the Central Bank of Iran vice-governor said late Saturday.
The Central Bank of Iran has sent a new set of balance sheet templates to the banks to improve their financial transparency and international operations, EghtesadNews reported. The CBI’s…
Tehran Stock Exchange’s main index TEDPIX inched up 115.30 points or 0.15% to end Sunday trade at 76,709.5.
More than 1.7 billion shares valued at $114.8 million changed hands, recording a…
The technology for the production of catalysts used in direct reduction of iron ore has been successfully indigenized by Sarv Oil and Gas Industries Development Company. The catalyst was used in…
Iran is facing exceptional circumstances. A bold restructuring of its economy which, if done right, could help Iran stage a historic turnaround and grow rapidly.
Masoud Nili, the president’…
Iran’s rich deposits of zinc, copper, gold and other minerals are tempting international investors after the lifting of western sanctions, but development of the sector will take time and problems…
Motorcycles have long been a familiar sight in Iran, as they started roaring down its streets more than 60 years ago.
Hence, motorcycle and its parts have been produced domestically since a…
Tehran Stock Exchange’s main index TEDPIX plummeted 903.70 points or 1.17%-the biggest plunge in five months–to settle Saturday trade at 76,594.2. The benchmark broke above the 78,000 mark on…
The stability of the US dollar’s exchange rate against the rial is due to the growth of non-oil exports, which have provided an alternative source of foreign exchange for Iran’s economy, says…
Iran’s historic nuclear deal and the lifting of sanctions should bring the country back into the global community.
Oliver Bell, portfolio manager for T. Rowe Price’s Global Frontier Markets…
Bahar Azadi gold coin sold for a record 10.030 million rials ($332) on Saturday, a 3.08% increase, compared with the previous day’s close.
According to the Statistical Center of Iran, the average price of land or residential buildings in the first half of the current fiscal year (March 21-November 21) was 11.7 million rials ($389)…
Banks are the arteries of the economic system and highways for financial, monetary and economic links to the outside world, President Hassan Rouhani said on Saturday.
Bank Ayandeh has launched a so-called “idea bank” system to help enhance cooperation with its customers and promote value added services. According to banker.ir, the service allows customers to…
The Central Insurance company of Iran and two UK insurance firms, held a joint training event on recent trends and innovations in engineering and construction insurance. Tom Wylie, head of…
An auction is planned for March 8 to sell the banking sector's excess assets, said Hassan Yamani, head of the Company for Selling Banks’ Excess Assets (FAM) on Friday.
Reforming the Central Bank of Iran is the first step to overhaul the domestic banking system, Houshang Khastoui, head of the Association of Chartered Accountants said.
The Iranian SHAPARAK payment and settlement network processed 814 million transactions in the Iranian month ending December 21, marking a 31% growth year-on-year. The total value of transaction…
SWIFT, the international interbank messaging network, has processed 142,000 transactions for Iranian banks since the lifting of the sanctions against Iranian on Jan. 17 until Feb. 8, Central Bank…
The Bank of Tokyo-Mitsubishi UFJ (BTMU), Japan’s largest bank, has resumed transactions with Iranian banks, including payments for Iranian crude oil bought by Japanese refiners, a company official…
Greek Prime Minister Alexis Tsipras on Monday became the first western leader to visit Iran since the lifting of trade sanctions against the Middle Eastern nation, as Greece aims to become a…
Stocks on Tehran Stock Exchange ended the week 4.7% higher in the market’s fourth consecutive week of gains, bringing equities to their highest in nearly 23 months.
Trading kicked off on…
