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.

  • Growth in  Insurance Premium
    The Central Insurance of Iran said that according to latest reports, the insurance industry has registered a 22% growth in premium in the 11 months to February 19 compared with the same period of...
  • Gov’t Bonds Worth $222m for Roads Ministry
    The Economic Council agreed on Monday that the government issue 10 trillion rials (about $222 million) worth of bonds for purchasing new airplanes and maintaining the country’s roads. The issuance...
  • About 1.05 billion shares valued at $58.87 million changed hands at TSE on March 12.
    Tehran Stock Exchange’s main index gained 165.87 points or 0.17% to end Monday trade at 96,194.3. About 1.05 billion shares valued at $58.87 million changed hands at TSE for the day. Trading at...
  • Iran's Housing Affordability Index Improves
    Iran's housing affordability index, an indicator of how affordable residential units are to the people, has improved in the past few years, the head of the Planning and Housing Economy Office at...
  • Farshad Heydari, CBI’s deputy for supervision (C) addressed a news conference on March 12.
    As it strives to relegate the phenomenon of shadow banks to history, the Central Bank of Iran has orchestrated a merger of two such banks into a legitimate one in order to wipe away the last traces...
  • SCI: Labor  Ministry Liable to Set Poverty Line
    The Ministry of Cooperatives, Labor and Social Welfare is the state body responsible for determining the poverty line in Iran, the head of Statistical Center of Iran said. Omid Ali Parsa added that...
  • SEO Unveils  In-Depth Website
    The notion of Citizenship Rights Charter has been reiterated by President Hassan Rouhani in the past two years. It lists and explains 22 categories of the most rudimentary, while critical, rights...
  • About 735 million shares valued at $42.23 million changed hands at TSE on March 11.
    Tehran Stock Exchange’s main index lost 566.02 points or 0.59% to end Sunday trade at 96,028.5. About 735 million shares valued at $42.23 million changed hands at TSE for the day. Trading at TSE...
  • Masoud Karbasian
    Economy Minister Masoud Karbasian said over 70% of the divestitures during the tenure of President Hassan Rouhani have gone to the real private sector as opposed to the previous administration...
  • Bank Pasargad Targeting Multiple India Branches
    After it was confirmed during President Hassan Rouhani’s recent trip to India that Iran’s Bank Pasargad, one of three banks seeking to open branches there, has finally received the green light, the...
  • New Equity-Based Sukuk Makes Debut
    The government is set to clear part of its debt to Social Security Organization by issuing up to 50 trillion rials ($1.1 billion) of debt securities, the first batch of which was issued on the...
  • ‘Source India’ opened in Tehran on March 10. (Photo: Peyman Norouzi)
    Tehran is hosting an Indian exhibition called ‘Source India’ that opened at Milad Tower on Saturday and will conclude on Monday. “This is perhaps one of the largest business events happening after...
  • Rise in Home Rents  to Match Inflation
    Rents for residential units will increase at the same rate as the inflation rate that is currently hovering around 10% in the next fiscal year (starting March 20), the head of Tehran Association of...
  • Liquidity Exceeds $325 Billion
    The total volume of liquidity was more than 14.63 quadrillion rials ($325.62 billion) by the end of the 10th Iranian month to Jan. 20, the Central Bank of Iran announced. The monetary and banking...
  • NDFI Cap for  Gov’t at $3.2b
    As part of their latest open session on Sunday to discuss the fiscal 2018-19 budget bill, members of parliament designated the areas where resources from the National Development Fund of Iran are...
  • Proposal to Enhance Business Climate
    Members of the Board of Representatives at Iran Chamber of Commerce, Industries, Mines and Trade convened for their last meeting of the current fiscal year (ending March 20) during which they...
  • Investors wishing to enter Iran's FTZs will receive incentives such as exemption from tax and customs duties for 20 years.
    Iran has endeavored for years to devise the right set of conditions to facilitate the entry of foreign financial institutions in its free trade zones and those efforts only intensified following...
  • CBI insists that banks continue to adhere with IFRS strictures.
    A quartet of major regulatory bodies will form a task force to resolve the controversy surrounding banks' financial statements, secretary of the Association of Private Banks and Credit Institutions...
  • Copper mines operated by National Copper Industries Company extracted 156.42 million tons of copper oxide ore during March 21, 2017-Feb. 19.
    Major Iranian mining companies produced an aggregate of 317.94 million tons of ores and mineral products during the first 11 months of the current fiscal year (March 21, 2017-Feb. 19), registering...
  • US President Donald Trump levied a 25% tariff on steel and 10% on aluminum imports into the United States.
    Who’s for a trade war? Apparently no one, except US President Donald Trump.  His impromptu announcement last week of slapping tariffs on steel and aluminum imports set off worried and furious...
  • Compliance Training for Banking Delegates
    Twelve delegates from Iranian banks completed a two-day workshop organized by the International Compliance Association to receive the internationally-recognized ICA Certificate in Compliance in...
  • Hot Mix Asphalt Plant Established in Qazvin
    A hot mix asphalt production plant has been established in Qazvin Province’s Alamut region, Managing...
  • About 686 million shares valued at $38.89 million changed hands at TSE on March 10.
    Tehran Stock Exchange’s main index lost 265.78 points or 0.27% to end Saturday trade at 96,594.5. About 686 million shares valued at $38.89 million changed hands at TSE for the day. Trading at...
  • Iran’s First Vice President Es’haq Jahangiri (L) shakes hands with Iraqi President Fuad Masum in Baghdad on March 8.
    Iran is ready to allocate a credit line amounting to $3 billion to Iraq for rebuilding the war-ravaged areas of the neighboring country, Iran's first vice president has announced. In a meeting...
  • NDFI Urged to Attract Foreign Investments
    President Hassan Rouhani has ordered the National Development Fund of Iran to prepare a plan to attract foreign investments, according to a board member of the fund who also referred to measures...

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