In the latest complication facing the much-hyped proposal to create a real-estate bourse, a senior government adviser argued that the heterogeneous nature of the housing market would restrict the…
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.
More than 115,000 tons of commodities were offered on Iran Mercantile Exchange’s trading floors on Monday.
Tehran Stock Exchange’s downward spiral continued on Monday with the benchmark recording its lowest level in two years. The TEDPIX shed 225.20 points or 0.37% to end at 61,328.
Most experts and independent traders believe the stock market will remain flat for the remainder of the year before picking up in early 2016, with political and structural factors playing a prime…
More than 90 million securities were traded at Iran Fara Bourse on Monday valued at over $468.47 billion as the main index IFX retreated about 10 points or 1.48% to close at 672.12. Chahar Mahal…
A new milestone in the banking overhaul plan is now visible following Vice-President E'shaq Jahangiri's acceptance of a reform proposal from the Association of Private Banks, Parsian Bank CEO…
The official rate of the US currency has not undergone any significant change for 20 successive days, ISNA reported on Sunday. Dollar’s official rate had experienced substantial growth, reaching…
The Tehran Chamber of Commerce, Industry and Mining at the weekend hosted senior bankers as well as the former governor of the Central Bank of Iran to discuss lingering problems plaguing the…
The Governor of the Central Bank of Iran has taken stock of the impact of the July nuclear agreement between Iran and the world powers on banking and financial affairs and outlook for the key…
The housing market is not expected to climb out of recession by the end of the current Iranian year (March 2016) but could see some improvement next year, said a senior official at the Ministry of…
The gap between liquidity and deposit growth has been widening in the year that ended on March 20, statistics released by the Central Bank of Iran indicate, banker.ir reported. Although during the…
The mining sector, if developed and promoted, can help the government in achieving the 8% economic growth rate envisioned in the sixth five-year development plan (2016-21), said head of Iran’s…
The decision by the US Federal Reserve last Thursday not to raise interest rates comes at an opportune moment for Iran, as the country prepares itself for a post-sanctions world in which it aims…
More than 124 million securities traded at Iran Fara Bourse on Sunday valued at over $204 million, as the main index IFX retreated about 2 points or 0.3% to close at 682.22.
Isfahan Steel…
Iran Mercantile Exchange’s industrial and mining trading floor witnessed the offering of 76,000 tons of I-beams priced at 14,600 rials per kg and 2,640 tons of rebars priced at 179,406 rials per…
Tehran Stock Exchange’s nosediving trend continued on Sunday to reach its lowest level over the past six months, shedding 701.50 points or 1.13% to end at 61,553.2.
Developers have broken ground on an estimated 400 modern shopping malls across Iran in recent years—65 of them in Tehran alone. Many of these malls boast multiple floors of retail space, enormous…
A financing framework has been developed by the Ministry of Economic Affairs and Finance prioritizing fields for foreign investment.
Mohammad Khazaei, director of the Organization…
The CEO of Bank Keshavarzi (Agriculture Bank of Iran) said the specialized bank should mobilize all it has to help promote the government’s agro development agenda.
Bank Maskan, the main provider of housing loans, managed to achieve 96% of its forecast in attracting deposits for the first five months of current fiscal year (started March 2015). Mohammad…
The Central Bank of Iran has published its directives, regulations, and anti- money laundering guidelines issued during the last fiscal year (ended March 20). Every year the regulator puts…
F ew would contest the charge that Iran’s banking industry is not up to the mark. Confluence of bad loans, mismanagement plus the mountain of government debt has, to name a few, called into…
Iran’s share in Damask rose business is insignificant, said the head of Rastegar Biotechnology Center.
Iraj Rastegar added that Damask rose business is worth $10 billion, which makes the…
Tehran Stock Exchange’s benchmark edged down 9.8 points or 0.02% to settle at 62,254.7 on the first weekday.
Most indices wrapped up the fluctuating trading day in red, with the Free Float…
The stock market’s general trend is not necessarily followed by all industrial groups listed in Tehran Stock Exchange and Iran Fara Bourse.
