Governor of the Central Bank of Iran Valiollah Seif asked the country’s banking system to gradually shift their lending practices and fund small- and medium-scale enterprises instead of big…
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>
Most foreign currencies in Tehran’s market gained against the rial on Sunday, as the currency demand for overseas travel increase toward the end of December and the holiday season.
The…
The total projected income of eight Iranian state-owned banks, plus the Central Bank of Iran, has been put at 845.2 trillion rials ($20.09 billion) in the budget bill submitted to the parliament…
Tehran Stock Exchange’s main index gained 38.60 points or 0.04% to end Sunday trade at 91,198.9.
About 634 million shares valued at $39.7 million changed hands for the day.
…
Iranian steelmakers and iron ore companies are actively working on the expansion of iron ore processing and direct reduced iron/hot-briquetted iron capacities to fulfill the government’s plan…
Iran’s largest steelmaker, Mobarakeh Steel Company, has been selected as Asia’s 11th Most Admired Knowledge Enterprise in 2017.
This was announced by the global web-based professional…
Arvand Kaveh Steel Company’s first phase of production is scheduled to be inaugurated by First Vice President Esh’aq Jahangiri on Monday, the company’s managing director, Hashem Nezamabadi,…
The latest Eurostat data shared with Financial Tribune show Italy was Iran's biggest trade partner in the European Union during the nine months ending September 2017, with bilateral trade…
As per the directive of the Central Bank of Iran, all banks and credit institutions have been barred from opening short-term (three-, sixth- and nine-month) deposit accounts by the end of the…
Iranian payment service providers have been improving in terms of adhering to laws and regulations that would put them on a better footing among their global peers, announced Shaparak, the…
In order to contain the recent rise in gold coin prices and their unprecedented rally, the Central Bank of Iran held auctions on Nov. 25 to dampen the gold fervor but the move has failed to…
Iranian Reinsurance Company (IranianRe), affiliated to Bank Pasargad, has linked up with a number of major international reinsurance companies for establishing relations and receiving…
A delegation from Iran’s private sector headed by Chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei is scheduled to visit the Netherlands from Jan. 28…
Major Iranian steelmakers exported 4.56 million tons of semi-finished and finished steel products during the first eight months of the current fiscal year (March 21-Nov. 21), registering a 27%…
Tehran Stock Exchange’s main index gained 68.10 points or 0.07% to end Saturday trade at 91,160.3.
About 879 million shares valued at $41.03 million changed hands for the day.
…
Despite the recent surge in the value of gold coin and foreign currencies in the Iranian market, home prices remain unaffected and the sector’s experts believe the housing market will remain…
The research arm of the Iranian Parliament has published a report on the status of the country’s foreign exchange market in the coming months, predicting a mostly stable environment by the end…
Foreign finance agreements signed in the first 100 days of President Hassan Rouhani’s second term amounted to $5.6 billion.
This was announced by Mohammad Khazaei, the director of the…
Tehran Mayor Mohammad Ali Najafi dispelled rumors that he has ordered the suspension of urban development projects in the capital. He said all the construction projects in the capital are being…
Tehran Stock Exchange’s main index TEDPIX shed 60 points or 0.1% during the week that ended on Dec. 5 to end at 91,092.4.
The main index of the smaller over-the-counter exchange Iran…
Sales and profit records in Iranian theaters are being broken.
Last Iranian year (March 2016-17), the play ‘Mississippi Dies Seated’ adapted and directed by Homayoun Ghanizadeh based on…
The Ministry of Industries, Mining and Trade issued 475 mineral exploration permits in the first six months of the current fiscal year (March 21-Sept. 22), indicating a 30.5% growth compared…
Latest statistics on Iran-Turkey trade released by the Turkish Statistical Institute show the neighboring countries exchanged $9.1 billion worth of goods during the 10 months to Oct. 31,…
The Banker magazine, affiliated with the Financial Times Group, has selected Bank Pasargad Iran as the best Iranian bank for 2016.
As the publication reported on its website, the private…
The Iranian government has managed to boost home ownership through allocation of bigger home loans at lower interest rates, which have significantly improved the real-estate market.
