Saman Bank has become the first Iranian lender to receive training in Compliance and Financial Crime Prevention based on the International Compliance Association standards.
This is the…
Business And Markets
<p>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.</p>
A cooperation agreement has been signed by Tejarat Bank and China Development Bank, based on which the Chinese lender will provide a $300 million loan to finance Iranian projects in the latest…
Iran is in various stages of integrating its bank card system with five countries for the citizens of both sides to be able to use their bank cards in each other's countries, the head of…
Majlis Economic Commission coordinated a meeting between a Thai economic delegation and the Central Bank of Iran to inform the former of Iran’s economic regulations and latest statistics.
In order to improve banking relations and implement agreements signed by the two countries’ central bank governors last year, banking officials of Iran and Iraq signed a memorandum of…
Demand for gold jewelry in Iran jumped 27% compared to last year to a four-year high of 12.9 tons, helped by the country’s economic improvement in the wake of sanctions relief…
Government revenues from mining operations in Hormozgan Province stood at 150 billion rials ($3.94 million) in the last fiscal year (March 2016-17), indicating a 79% growth compared to the year…
To raise cash subsidy payments to 2.5 million rials (about $66) per head, the prices of energy carriers need to rise sixfold.
The upward trend in the global flat steel market has affected Iranian flat steel prices, but buyers are still looking for discounts, Metal Bulletin learnt on May 3.
Russian steelmaker MMK…
Tehran Stock Exchange’s main index gained 372 points or 0.5% during the week that ended May 3 to close at 79,969.
IFX, the over-the-counter Iran Fara Bourse’s benchmark, gained 15 points or…
European governments are under pressure to pursue their own policies and interests in Iran and other countries of the Middle East separate from the US, partly because of fears over the…
Armenia’s State Revenue Committee has begun the modernization of a border crossing near the southern town of Meghri on the border with Iran. According to Armen Sakapetyan, the deputy chief of…
In order to increase home ownership among the youth, the Money and Credit Council, a decision-making body, voted to raise the limit of no-deposit home loans for couples. The limit for such loans…
As the Iranian presidential election on May 19 draws closer and the bank-based economy has taken center-stage among candidates and the public alike, the Central Bank of Iran in a statement…
German investors received more than $2 billion in loans in 2016 to finance Iranian projects, but these have been held up for various reasons, an official of the German financial regulatory…
New mobile payment infrastructures have been set up in Iran to facilitate the use of new payment systems such as tap-and-go cards.
The Central Bank of Iran is developing new mobile payment…
Tehran Stock Exchange’s main index inched up 27.10 points or 0.03% to end Wednesday trade at 79,969.2.
More than 1.06 billion shares valued at $79.73 million changed hands for the day.
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Government tax revenues grew by 28.4% during the first 10 months of the previous Iranian year (started March 20, 2016) to reach 746.9 trillion rials.
Canada-based Anglo American Exploration and University of British Columbia have started copper exploration operations in 22 mineral zones located in the Iranian provinces of East and West…
The first major foreign investment project in the Iranian steel industry has come on stream.
The Italian Danieli Group’s steel machinery production plant was inaugurated on Tuesday by…
With around $43.7 billion, consumer goods accounted for 14% of Iran’s total imports over the last fiscal year that ended on March 20, 2017, the head of Trade Promotion Organization of Iran said.…
Economy Minister Ali Tayyebnia said the effects of the country’s recent economic rebound will soon be felt more tangibly in the lives of ordinary Iranians, reversing a period of slowdown that…
The implementation of the national scheme of moving all government accounts to the Central Bank of Iran will bring all the resources to a central treasury that the government can oversee, said the…
The trend of Iranian banking system in recovering non-performing loans has gained momentum and brought the NPL ratio close to international standards, the chief executive of Export Development…
The Hamburg-based Iranian-European Bank (EIH), affiliated with Iran’s Bank of Industry and Mine, has managed to raise its transactions to €2.5 billion after reconnecting to SWIFT (the…
