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.
July 21, 2023 18:51
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May 27,2019Despite the South Korean government’s interest in maintaining normal trade ties with Iran, banks in that country refuse to process Iranian transactions, the general secretary of Iran-Korea Chamber... -
May 27,2019The aggregate value of interbank market transactions reached 107,149 trillion rials ($792 billion) in the last fiscal that ended in March to register a solid 67% growth compared to a year ago. ...
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May 27,2019Clunkers that have outlived their usefulness, but are still operating as private, public or commercial vehicles have been banned from plying in major Iranian cities.
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May 27,2019In a series of tweeter posts head of the Export Guarantee Fund of Iran said memorandums of understanding will be signed soon with European countries to facilitate trade. “In line with efforts to...
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May 24,2019Iran is looking for a new channel to repatriate currency earrings from exports to Iraq, secretary general of the Joint Iran-Iraq Chamber of Commerce said. Regarding a directive issued by the...
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May 25,2019In the fiscal month to May 22, almost €2.16 billion in foreign currency was sold via the Integrated Forex Deals System, locally known as Nima, IRNA reported. In the same period currency rates in...
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May 25,2019Tehran Stock Exchange began trading week in negative territory amid volatile global markets and selloff pressure in refinery stocks spurred by the decline in global crude prices in recent days. ...
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May 24,2019The Association of Bureaux de Change Operators of Iran has called on members wanting to participate in the regulated foreign exchange market to register. Set up with the aim of stabilizing the...
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May 24,2019About 300,000 shareholders of merged banks affiliated to the armed forces have sold their shares since the merger process started in April, says the chief of Securities and Exchange Organization...
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May 22,2019European powers are facing huge pressure from the United States to drop its proposed trade channel with Iran and it will also not succumb to ultimatums from Tehran, French Finance Minister Bruno Le...
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May 22,2019The Securities and Exchange Organization is planning to launch foreign exchange futures contracts after a reference price for foreign currency is discovered in the soon-to-be launched regulated...
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May 22,2019Iran approved $914.45 million worth of foreign investments during the period from March 2018, to February 2019, which shows a 67.4% decline compared to the $2.8 billion a year ago.
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May 21,2019The Ministry of Roads and Urban Development will set up a special committee to set rental rates to ensure they won’t exceed consumer inflation, the director of Housing Investment and Economy...
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May 21,2019National Iranian Oil Company found no buyers at its 10th round of crude oil offer on the Iran Energy Exchange, despite the Oil Ministry's efforts to improve the purchasing terms, IRENEX data shows...
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May 21,2019The Central Bank of Iran supplied over $6 billion in foreign currency for importing goods in two months since the beginning of the current fiscal on March 21. CBI Governor Abdolnasser Hemmati...
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May 21,2019The regulated foreign exchange market can and should help in stabilizing foreign exchange rates and in the process eliminate rent-seeking and corruption because trade will be conducted in an open...
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May 20,2019According to a notice by Central Bank of Iran, the previous deadline for selling shares of five merged banks and credit institutions has been extended for 15 working days ending on June 13.
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May 07,2019Two South Korean banks have stopped offering services for trade with Iran in line with US economic sanctions, industry sources told Yonhap news agency Tuesday.
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May 20,2019Currency rates have been of the declining order since last Tuesday amid widespread presence of the Central Bank of Iran in the market and reports about easing political tensions. Each US dollar,...
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May 20,2019The Central Bank of Iran has announced a new set of rules for repatriation of export earnings in the current fiscal (March 2019-20). In a directive published on the CBI website Monday, it...
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May 19,2019Iran Fara Bourse, the junior stock market in Iran, topped the list of 77 stock markets in the world as reviewed by World Federation of Exchanges, with its market capitalization registering 80%...
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May 19,2019The Central Bank of Afghanistan has annulled the operating license of the only Iranian bank which was active in that country.
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May 18,2019The National Development Fund of Iran, the sovereign wealth fund, plans to lend $10 billion in foreign currency for private sector projects in the current fiscal (March 2019-20). The vice...
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May 18,2019Lloyd's of London insurance market has widened its list of areas in and around the Persian Gulf posing "enhanced risk for marine insurers" after attacks on ships off the UAE.
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May 18,2019In a move to facilitate crude oil sale on the Iran Energy Exchange, the National Iranian Oil Company has adjusted some of its purchasing terms for the next round of offer scheduled for May 21. ...
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