Business And Markets

The World Federation of Exchanges has ranked Tehran Stock Exchange as the seventh best performing exchange in the world.

According to WFE's latest report on its members' performance, TSE's…

International Monetary Fund has commended Iran for achieving an impressive recovery in economic growth after the lifting of nuclear sanctions in 2016, maintaining inflation in single digits and…

The establishment of a joint bank account between Iran and Indonesia will foster financial cooperation and facilitate bilateral transactions, said the Central Bank of Iran’s governor.

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The banking system’s non-performing loans have reached 1,100 trillion rials ($30 billion), 60% of which are considered doubtful debts, said the head of Monetary and Banking Committee at the…

Tehran Stock Exchange’s main index inched up 11.60 points or 0.01% to end Tuesday trade at 77,602.3.

As many as 981 million shares valued at $61.5 million changed hands for the day.

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To generate financial resources from the capital market, 50 small- and medium-sized enterprises have been referred to Iran Fara Bourse.

Deputy Minister of Industries, Mining and Trade Ali…

Iran’s huge gas reserves have been a boon to the domestic steel industry. For years, Iranian steelmakers have relied on cheap gas feedstock to boost production using direct-reduced iron, believing…

Activities in Shahid Rajaei Port over the 11 months to February 18 increased 35% compared with last year’s corresponding period, the head of Iran’s Ports and Maritime Organization said.

Money supply has reached 11,966 trillion rials ($316.5 billion) by January 19, 2017, to mark a 26% surge compared with the same period of last year, said the Central Bank of Iran’s governor.

India’s ambitious plan to develop Chabahar Port in Iran has hit yet another snag—over what is being seen as an inordinate delay on the part of Iran to seek a $150 million loan from India.

Iranian and Iraqi officials in Tehran discussed further expansion of bilateral banking ties.

President Hassan Rouhani described the restoration of market stability after a period of upheaval as the biggest achievement of his nearly four-year tenure that will end in August.

When incomes drop and family budgets decline, food choices shift toward cheaper but more energy-dense foods. The first items dropped are usually healthier foods—high-quality proteins, whole grains…

New Zealand has signed an agreement with Iran for the resumption of meat exports to the second-largest economy in the Middle East and North Africa region.

Mobarakeh Steel Company expects to sell 76% of its products during the next fiscal year (March 2017-18) in the local market.

Iran Mercantile Exchange was listed on the over-the-counter exchange Iran Fara Bourse on Sunday. Head of IFB Amir Hamouni and IME chief, Hamed Soltani-Nejad, attended the inaugural ceremony at the…

Realtors in Tehran recorded 15,600 residential real-estate deals during the 11th month of the Iranian fiscal year (ended February 18), indicating a 4.5% drop compared with the same period of last…

The parliament convened early Sunday and passed measures on foreign finance, withdrawals from the National Development Fund of Iran, transfer of funds from the banking network to the treasury,…

Insurers' total premium income reached 229 trillion rials ($6 billion) in the Iranian year ending March 2016 to register a 75% increase compared with the same time three years ago, said the head…

Since the extension of incentives that waived the penalties for motorcyclists without insurance, there has been a 60% increase in third-party motorbike insurance, said the director of Personal…

An Azerbaijani bank will open its branch in Iran, Economy Minister Shahin Mustafayev told a press conference on the outcome of an Azerbaijani delegation’s visit to Iran. The issue was discussed…

The Iranian lead and zinc industry needs 12 trillion rials ($315.78 million) of investment for development, according to managing director of Iran Zinc Mines Development Company, Ardeshir Sa’d-…

In the current tea harvest season, the government purchased more than 139,000 tons of fresh tea leaves, worth 2.34 trillion rials (close to $62 million), from farmers, of which 31,200 tons of…

Trade between Iran and Indonesia will grow 25% to hit $1.2 billion in 2017, the Iranian chairman of Iran-Indonesia Economic Commission, Mahmoud Vaezi, predicted in a meeting with visiting…

The total debt of insurance companies to pharmacies has reached 40 trillion rials ($1.05 billion), 97% of which are held by private drugstores and the rest is owed to public-sector entities, said…