Iran Insurance Company, the only fully state-owned insurance firm in Iran, is planning to spin itself off into several entities as part of its reform plans, said Mohsen Pourkiani, IIC’s chief…
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.
Chances that the final draft of the Banking Reform Bill and the Central Bank Bill will be approved by the Iranian Parliament by the end of President Hassan Rouhani’s first term in the summer of…
The saga of Iran’s plans to buy Russian passenger aircraft took a new twist, with the head of Iran-Russia Chamber of Commerce Asadollah Asgaroladi declaring that the Russians are reluctant to sell…
While Iran may be known for its massive oil and gas reserves to many people around the world, it is little known for its top-quality pistachios.
Production of the nut in Iran dates back to…
Two international exhibitions opened simultaneously on Friday at Tehran International Permanent Fairground and will run through January 9. The Fourth Exhibition of Nuts, Dried Fruits and Relevant…
Iran’s major steelmakers exported over 4.12 million tons of crude steel and steel products in the nine months ending December 20, registering a 55% growth compared with last year’s corresponding…
Tejarat Bank’s chief executive has called for Iranian banks and payment service providers to prepare the grounds for using Bitcoin in the country.
Speaking at a meeting on crypto-…
World Bank Group in its latest analysis of Iran’s economy has forecast Iran’s economy to grow at an annual average rate of 4.5% in 2016–18.
A joint bank between Iran and Pakistan will be established and become operational before the current fiscal year is out, announced Iran’s ambassador to the South Asian country.
One-third of all home appliances in the Iranian market is smuggled, an official with the Ministry of Industries, Mining and Trade said.
According to Abbas Hashemi, $485 million worth of…
Magnesium is the metal of the future and Iran has the potential to be a major global player in its unfolding.
Iranian longs steel producer Yazd Rolling Mill is expanding iron ore processing, considering the country’s rising demand for high-quality raw materials.
Tehran Stock Exchange’s main index gained 7.60 points or 0.01% to end Wednesday trade at 78,991.3.
About 501 million shares valued at $129.6 million changed hands for the day.
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Iran Mercantile Exchange’s export trading board is all set to resume cement trading, the head of Cement Employers Association said.
Abdolreza Sheikhan added that the precise date will be…
The rial depreciated to 39,500 against the US dollar on Tuesday, a slide of 400 rials compared with the previous day, according to the Association of Bureaux de Change Operators of Iran…
The Central Bank of Iran is determined to create an appropriate environment for the operation of fintech companies, the director of CBI’s Department for Information Technology said.
Bank Mellat has issued more than $6 billion worth of payment orders since the implementation of Iran's nuclear accord with world powers last year, announced the bank's deputy for international…
The housing sector's share in the Iranian annual budget has garnered mixed reactions from members of the Majlis Civil Affairs Committee.
While some believe the share of the housing sector…
The government has allocated $2 billion to import 2,000 subway cars, the deputy interior minister for construction, urban and rural development said. “The move is in line with a bill passed by the…
Tehran Stock Exchange’s main index rose 14.80 points or 0.02% to end Tuesday trade at 78,983.7.
About 695 million shares valued at $97.1 million changed hands for the day.
Bafgh…
Iran has a broad variety of business and logistics attractions to offer. In the last few years, the Iranian government has actively sought to develop the logistics infrastructures and improve its…
The Iranian Privatization Organization says it will cancel the revocation of the privatization deal of the Telecommunications Company of Iran provided Mobin Trust Consortium (the majority…
Bank Maskan, the agent bank of the housing sector, announced it has tripled its mortgage threshold. The bank now hands out loans of up to 600 million rials ($18,534) for applicants in Tehran and…
Lawmakers set the agenda for the housing sector over the next five years in their latest open session on Monday as part of policies set in the sixth five-year development plan (2016-21). …
The Central Bank of Iran has outlined an innovative, flexible and strong future for the banking system in its “2021 Roadmap”, the bank's deputy for innovative technologies said.
