The latest report from the Central Insurance of Iran for March 21-April 20 suggests that out of the $300-million premium income earned by insurance companies during the period, only $…
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.
Five commercial banks have announced their readiness to grant home loans while requiring no sight deposits as prerequisite, a report says.
Eligible applicants are expected to receive loans…
The rial’s recent rally against the US dollar in the Iranian foreign exchange market is noteworthy, as marathon nuclear talks between Iran and the six world powers reach their final weeks. It is…
E-banking is an inseparable part of the banking industry and Iran needs to put a proper system in place to modernize the industry hampered by years of financial mismanagement and economic…
Ansar Bank sold its investment subsidiary on Monday. Over 1.33 billion shares of Danayan Pars Investment Company were sold to Sadr Arain and Ab-Khak-Sakht investment company. Ansar and its various…
Pradip Shah's IndAsia Fund Advisors and Iranian Middle East Bank have formed a joint venture to explore investment opportunities between India and Iran.
The deal comes ahead of the June 30…
Bank Melli is set to act as a mediator between the government and contractors that have undertaken government projects.
Iran Mercantile Exchange featured various types of steel sections offered by Mobarakeh Steel Company in its spot market on Monday.
The National Iranian Steel Company has been officially tasked with preparing investment plans for the steel sector.
Iran Fara Bourse’s main index IFX climbed 20.5 points or 2.93 percent to close at 723.63 and post a dramatic surge on Monday trade propped up by Tehran Oil Refining Company and Iranian Investment…
As the construction projects ahead of 2022 World Cup in Qatar have already affected the construction material market in the Middle East, Iran is seeking to increase its export of steel, cement and…
The bumpy rides at Tehran Stock Exchange are expected to come to an end, with both institutional and retail investors striving to shore up their portfolios, however, the overall sentiments is…
The forceful rebound of TSE listings last week shows that the end of sanctions (imposed by the West against Iran over its nuclear energy program) could be a ticking time bomb of optimism for…
The punitive policy stipulated in the new law aimed at removing production barriers may put an end to business activities of commercial banks, Banker news website reported on Friday. Some…
Iran’s sovereign wealth fund announced new lending rates on Saturday.
Banks will have to pay the National Development Fund of Iran 5.2%, when borrowing from it to finance projects, the fund…
Lack of funds in commercial banks has made them reluctant and unable to undertake the newly-introduced mortgage package by the Money and Credit Council that sought to stimulate the struggling…
During a recent seminar on the role of development banks on economic growth, Minister of Economy Ali Tayyebnia announced that a banking overhaul plan, which he said has been drafted, would be…
While the prices of steel rebar have remained more or less unchanged over the past few weeks, steel beam prices have experienced a steady growth.
Market analysts believe fluctuations in…
As growth in crucial investment markets inside Iran has stalled, real-estate capital has increasingly flown abroad. Countries providing easy access to residence permits in return for property…
Iran Mercantile Exchange witnessed the offering of more than 27,000 tons of copper in the spot market on Sunday trade.
An unprecedented underwriting at Iran Fara Bourse was accompanied by a massive surge in daily trade volume and value, with more than 3.1 billion securities sold at $193.7 million on Sunday.
The construction of a cement plant has begun in the northern city of Damghan in Semnan Province, jointly financed by a Chinese company and Iran’s Bank of Industry and Mine. Tooyeh Darvar cement…
A long-awaited bill aimed at amending the compulsory motorists’ third-party insurance regulations would soon go to the parliament for approval.
O ver a hundred employees of defunct lender Mizan protested against the credit institution’s closure on Saturday morning.
The protest was held in front of the central bank’s main building…
Financial instruments are the backbones of modern economies. With an over $700 trillion market, derivatives–financial instruments whose value depend on the value of an underlying asset–have become…
