As per the new rating system for Iranian banks, each bank will be given a rank that will not be made public, announced the Central Bank of Iran’s deputy for supervisory affairs.
“All banks…
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.
The production line for Iranian-made medicine Fingolimod, prescribed to help treat flare-up of multiple sclerosis, was launched in Moscow on Wednesday in the presence of Iran’s Minister of Health…
Kish Free Zone Organization is hosting the First International Exhibition for Food, Beverage and Related Industries, otherwise known as Foodex 2016.
The expo opened on Wednesday and will…
The government is seemingly failing to keep its finances in order and is spending far more than it can make.
Central Bank of Iran data show a widening deficit, surge in state debt and money…
Iranian steelmakers still see no demand for longs, so they have had to step back again.
Besides, Iranian suppliers do not expect the domestic market to improve in the next few weeks due to…
The Iranian private sector’s deposits in banks and non-bank financial institutions reached 10.46 quadrillion rials ($333.8 billion at market exchange rate) by July 21, marking a 30.9% growth at an…
A leading Iranian economy official said Turkey and Iran have been in talks to increase the number of items in their preferential trade deal and the two sides will sign a free trade deal…
Economy Minister Ali Tayyebnia said to avoid the blacklist of the Financial Action Task Force, Iran must fulfill the organization's requirements or else the country will not be able to regain its…
Head of Iran Fisheries Organization says about 15,000 tons of fish worth $150 million were imported into the country during the last Iranian year (March 2015-16), adding that the figure is dwarfed…
China’s CITIC Group Corporation has expressed readiness to provide Iran with $10 billion of financing, mostly in the mining sector, announced a top official with the Chinese company.
Zhou…
Marine economy constitutes between 2.5% and 4.6% of Iran’s gross domestic product, says the managing director of Ports and Marine Organization of Iran. Mohammad Saeednejad added that the figure…
A record high of 14 million tons of wheat were domestically produced this year, more than 11.76 million tons of which (worth over $4 billion) have been purchased by the government from local…
Fourteen international shipping lines have returned to Iranian ports following the implementation of the Joint Comprehensive Plan of Action (the formal name of the nuclear deal signed by Iran with…
The Central Bank of Iran is devising a set of rules to let foreign nationals use credit cards offered by Iranian banks on Thursday, a senior official of the bank said.
The Central Bank of Iran plans to merge the remaining uncertified credit institutions in order to regulate their operations, said Abbas Kamarei, director of CBI’s Office for Bank Supervision. He…
The 12th International Trade Fair for Construction Machinery and Vehicles, Mining, Building Material Machines and Natural Stone Industry, otherwise known as Iran ConMin 2016, is scheduled to…
The imposition of economic sanctions was the most critical factor affecting Iran’s foreign trade in the past few years.
markets regulator Securities and Exchange Organization has approved a new securities clearing model to address the concerns of foreign investors about risk settlement in Iran’s financial markets…
Iran’s iron ore, copper and steel industries have been operating under their nominal production capacity for the past few years due to unstable demand in China and in the domestic market,…
Some 20,000 people have applied for credit cards at Bank Melli Iran within two days of the launch of the nationwide plan, according to the bank’s website.
According to CBI’s statement on…
The directives for implementing construction quality insurance have been finalized, which require builders to guarantee the quality of construction for 10 years, said the head of Central Insurance…
A joint meeting of the Money and Capital Markets Commission and the Industries Commission of Iran Chamber of Commerce, Industries, Mines and Agriculture was held on Sunday to discuss the much-…
Tehran Stock Exchange’s main index gained 174.60 points or 0.23% to end Sunday trade at 77,081.5.
More than 1.1 billion shares valued at $84.8 million changed hands for the day.
Pars…
Using scrap metal recycled through traditional methods hampers steel production efficiency, increases the industry’s energy costs and causes water and air pollution, the head of Khorasan Razavi…
The Iran-Oman Economic Committee will hold its 16th session in Tehran on Monday.
The Omani side will be chaired by Minister of Commerce and Industry Ali al-Sunaidy.
