Business And Markets

While the total number of houses surpasses the number of Iranian households, millions of dollars are trapped in the form of empty residential units, the minister of roads and urban development…

According to data released by the Central Bank of Iran, the monetary base exceeded 1.7 quadrillion rials ($46 billion) for the 12 months to Jan. 19, registering a 17.3% increase year-on-year.

An economy heavily controlled by the government and a lack of development in key economic sectors are the two main reasons for the Iranian insurance sector's lower penetration rate compared to…

Foreign nationals and refugees who have a work permit and reside in Iran will be covered by the Social Security Organization and benefit from pension payment, blood money coverage and disablement…

President Hassan Rouhani on Monday denied reports claiming that the Iranian banking system is in crisis mode, stressing that the country’s financial system has improved under his four-year watch…

The Central Bank of Iran has issued a new directive in line with anti-smuggling laws, based on which individuals holding more that €10,000 would be subject to an official probe.

According…

The Social Security Organization of Iran has thanked President Hassan Rouhani in a letter, thanking him for repaying government arrears to the organization.”Repaying 92 trillion rials ($2.45…

Since February 2017 when the Cabinet first approved that penalties for non-performing loans will be waived for loans up to 1 billion rials ($28,178), about 8 trillion rials ($213 million) of fines…

Tehran Stock Exchange’s main index gained 247.36 points or 0.32% to end Monday trade at 78,107.80.

Close to 1.68 billion shares valued at $83.81 million changed hands for the day.

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During the recently-ended Iranian year (March 2016-17), 2,411 industrial projects were launched, which created 38,400 jobs, Iran’s Small Industries and Industrial Parks Organization announced.…

The European Commission has officially announced that it has decided not to impose preliminary duties on the import of hot rolled coil from five countries, including Iran, EC’s spokesman told…

The 10th International Exhibition of Exchange, Bank and Insurance is scheduled for April 15-18 at Tehran’s international permanent fairgrounds. More than 350 local and international financial and…

Central Alborz Coal Company’s Savadkouh coal preparation plant was inaugurated on Tuesday by deputy minister of industries, mining and trade, Mehdi Karbasian, in the northern Mazandaran Province…

The head of Iran Chamber of  Commerce, Industries, Mining and Agriculture on Sunday called on all economic entities to embrace the motto of the current Iranian year (started March 21)–named…

According to the latest data released by the Central Bank of Iran for the month ending February 18, government deposits with CBI reached 412 trillion rials ($11 billion) and registered an 11.3%…

The Iranian banking system will focus on increasing production and improving employment in the current fiscal year in line with the guidelines provided by the Leader of Islamic Revolution…

Beleaguered insurance companies have only until the end of the current fiscal year (March 20, 2018) to meet the new minimum capital requirements set by the Cabinet, announced the head of the…

Tehran Stock Exchange’s main index inched up 55.70 points or 0.07% to end Sunday trade at 77,860.4.

Close to one billion shares valued at $47.7 million changed hands for the day.

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More than 285 kilometers of freeways have come on stream since August 2013 when President Hassan Rouhani took office, according to the deputy head for construction and development at…

As the head of Iranian Mines and Mining Industries Development and Renovation Organization, Mehdi Karbasian has been the face of the Iranian mining industry for the past few years.

Despite restrictions imposed by sanctions, some of which having outlived the 2015 nuclear accord, the administration of President Hassan Rouhani managed to significantly close the technological…

The first draft of banking collaboration between the central banks of Iran and Malaysia has been finalized and will be signed by the governors of the two banks.

Abdolnasser Hemmati, the president of Central Insurance of Iran, and Alice Vaidyan, CEO of GIC Reinsurance Company, discussed ways of expanding insurance ties between Iran and India…

The Ministry of Economy has published the details of letters of credit and banking guarantees that Iranian banks allocated over the past few years, which marks the progress of these banks after…

Track-laying for a railroad linking the city of Mianeh in the northwestern East Azarbaijan Province to its capital city Tabriz started on Friday in the presence of Minister of Roads and Urban…