Stocks extended their January bull run into February with Tehran Stock Exchange's overall index hitting a fresh 13-month high on Monday, as sheer optimism around the lifting of sanctions and the…
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.
The Agriculture Ministry has banned wheat imports as of the next Iranian year (to start March 20, 2016), citing Iran’s sufficient reserves. The government has bought 8.08 million tons of wheat…
Iran’s Agriculture Minister Mahmoud Hojjati, who was part of the delegation accompanying President Hassan Rouhani in his Europe tour last week, signed several agreements with his French…
Rock candy, also called rock sugar, is a type of confectionery composed of relatively large sugar crystals.
This sweet additive is highly in demand in Asia, as it is often dissolved in tea…
Head of the Gold and Jewelry Producers and Exporters Union says the recent surge in the local gold market is rooted in global trends, banker.ir reported. As stocks plunged around the world, the…
Iranian banks will have to adjust to tougher international regulations and may need to offload non-performing loans into a “bad bank” to pick up where they left off when sanctions were imposed…
A Tehran-based economist has argued that interest rates should be “managed” not imposed on banks by decree.
Iran and Turkey have resumed banking relations, Alireza Bigdeli, Iran’s ambassador in Ankara said on his Facebook page Sunday.
Referring to his meeting with Erdem Basci, governor of the…
The Iranian delegation’s visit to Italy and France demonstrated, among other things, an unprecedented level of cooperation between the government and private sector after a long lapse, Majid…
Some 1.1 million tons of crude steel were exported from March to December 2015, indicating a 47% surge compared with the similar period of last year, Iranian Mines and Mining Industries…
The Iranian National Tax Administration is moving with the times and adopting new technologies in its plan to overhaul Iran’s taxation system.
The organization is building new databases and…
By partnering with Airbus, Iran will offer “unparalleled” air transport services, says Iran Air Chairman and CEO Farhad Parvaresh.
The cost of trade with the outside world will be 10% lower now that the sanctions have been lifted, Shapour Mohammadi, deputy minister of economy said on Saturday. “There is no precise way of…
Singapore has reversed its prohibition on transactions with the Iranian government and financial Institutions as of January 28, the Monetary Authority of Singapore said this week, platts.com…
Eghtesad Novin Bank said it is financing eco-friendly projects in cooperation with the Department of Environment, Hussein Motamedi, the bank’s CEO said Saturday.
“EN Bank has developed an…
Measures have been taken to reopen Bank Melli PLC London, Hassan Zaferani, CEO of the bank said on Saturday. He added that the UK banking system has authorized PLC to resume its activities.
…
A senior official with the Supreme Council of Iran’s Free Trade, Industrial and Special Economic Zones has called on the Export Development Bank of Iran to open branches in the free and special…
Foreign airlines will soon be reestablishing flights to Tehran following the lifting of sanctions against Iran.
Mohammad Khodakarami, deputy head of Iran’s Civil Aviation Organization, said…
Al-Futtaim Group is considering entry into Iran as the Dubai-based conglomerate seeks to grow its retail offering in populous markets, a company official said.
“We are closely monitoring…
Sanofi signed a memorandum of cooperation with Iran’s government aimed at boosting its presence in the country, the French drugmaker said last week.
The agreement was signed during the…
Investment opportunities in Iran are “too big to ignore”, the CEO of a top British investment firm told American broadcaster CNBC.
Tehran Stock Exchange ended Saturday trade with the benchmark TEDPIX gaining 382.90 points or 0.54% to settle at 71,393.9 at the day’s close.
More than 1.9 billion shares changed hands…
During the visit of President Hassan Rouhani and his accompanying high-ranking delegation to Italy last week, Danieli Group signed deals worth close to $6.2 billion with the Iranian Mines and…
Iranian commercial banks will have to lend more to the agricultural industry, a new central bank of Iran directive decrees. Non-specialized lenders will have to match the agricultural industry’s…
Tehran's markets have responded well to Iran's reconnection to international trade.
The foreign exchange market adjusted first, even before sanctions were lifted on January 16 and has been…
