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August 10,2018
Defaults by Iranian importers on some Indian basmati rice brands under bilateral deals have hit...
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August 10,2018
The newly-appointed head of the Central Insurance of Iran is exploring ways of divesting the shares of the sole state-owned insurer, Iran Insurance Company.
Gholamreza Soleimani Amiri, speaking...
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August 10,2018
The Central Bank of Iran has urged people to meet their hard currency requirements through the established foreign exchange market, which consists of banks and certified exchange bureaux,...
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August 10,2018
How quickly they caved—Daimler, Volkswagen, Siemens, Bayer and many others.
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August 10,2018
Pakistan on Thursday said it reserves the right to “pursue legitimate economic and commercial...
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August 08,2018
The Kenya-based East African Tea Traders Association has called for government intervention to...
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August 08,2018
Italy’s biggest bank UniCredit expects to reach a deal with the United States in a dispute over alleged sanctions violations in Iran in the coming months, its CEO said on Tuesday.
“We are...
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August 08,2018
Lawmakers voted overwhelmingly on Tuesday to approve the outline of new reforms to the check processing system. “All the previous measures adopted by the legislature and the judiciary in the...
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August 08,2018
Danish engineering company Haldor Topsoe, one of the world’s leading industrial catalyst producers, said on Wednesday it would cut around 200 jobs from its workforce of 2,700 due to new US...
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August 08,2018
China’s business ties with Iran are open, transparent and lawful, its foreign ministry said on...
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August 08,2018
With the government's rescue package for the currency market in full swing, exchange bureaus have found a newly-defined role after nearly four months of zero transaction.
As reported by the local...
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August 08,2018
Parliamentarians have reviewed and passed a majority of articles concerning a bill that envisions the establishment of a new specialized organization for combating economic corruption.
According...
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August 08,2018
Iranian families living in urban areas spent an average of 329,525,000 rials ($7,845) in the last Iranian year (March 2017-18), 15.7% more than in the preceding year, the latest report by the...
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August 08,2018
Tehran Stock Exchange’s main index lost 2,062.78 points or 1.54% on Wednesday to end trading at 131,521.6.
About 2.22 billion shares valued at $158.25 million changed hands at TSE for the day....
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August 07,2018
Tehran Stock Exchange’s main index gained 256.11 points or 0.19% on Tuesday to end trading at 133,584.4.
About 2.65 billion shares valued at $227.84 million changed hands at TSE for the day....
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August 07,2018
The total volume of liquidity in Iran stood at about 15.82 quadrillion rials ($358.72 billion) at the end of the first quarter of the current fiscal year on June 21, the Central Bank of Iran...
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August 07,2018
Iran’s insurance companies generated about 110 trillion rials ($2.5 billion) in premiums during the first four months of the current fiscal year that ended on July 22, up by 23.4% compared with the...
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August 07,2018
Major Iranian steelmakers exported a total of 2.62 million tons of semi-finished and finished steel products during the first four months of the current fiscal year (March 21-July 22) to register a...
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August 07,2018
As the US reimposes sanctions on Iran, some small European businesses remain steadfast in their...
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August 07,2018
Capital Intelligence Ratings, the international credit rating agency, announced that it has affirmed the Financial Strength Rating of the Export Development Bank of Iran at ‘BB-’ with a negative...
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August 07,2018
After months of volatility, the foreign exchange market has embraced a forex plan unveiled by the government on Sunday. Exchange houses resumed their normal operations, halted 115 days earlier on...
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August 07,2018
The Producer Price Index for the mining sector in the 12 months ending June 21, which marks the end of spring, increased by 22% compared with the corresponding period of last year, the Statistical...
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August 06,2018
The government has eased foreign exchange rules and allowed money exchangers to resume work at open market rates, as part of the latest rescue package intended to calm the volatile market.
In a...
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August 06,2018
Trade between Iran and the 28 member states of the European Union during the first half of...
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August 06,2018
Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has called for active control over liquidity rise and banking woes.
“The problem of the banking system must be addressed seriously....