Business And Markets

After failing to attract customers for crude oil offered on the Iran Energy Exchange, the National Iranian Oil Company says it plans to again tweak rules and procedures in the process, an…

Economy Minister Farhad Dejpasand said taxing bank account earnings is not on the agenda and denied rumors that the government may do so as part of its efforts to increase non-oil revenues.…

On the anniversary marking the US economic sanctions on November 4, 2018, governor of the Central Bank of Iran said the hostile restrictions and “maximum pressure” of the United States…

Tehran stocks fell on Monday amid the pressure of a massive sell-off that initially swept bank stocks but later extended to equities of a wide range of listed companies.  After delivering…

Banks and credit institutions in Iran are facing a myriad of challenges including cumbersome regulations and technical issues to boost capital through revaluation of their assets, a senior…

The registration for government-sponsored housing development project, the so-called "National Housing Initiative", has been postponed to Nov. 9 because of the public holiday on Nov. 6. …

Electronic payment companies in Iran are working on alternative ways to replace debit cards with non-card payment methods, including through personal cellphones and biometric methods.

Time is running out for Tehran to meet the deadline set by the Financial Action Task Force to comply with the standards of the global anti-money laundering watchdog or face the consequences.…

Hossein Abdoh-Tabrizi, a prominent figure in Iran’s housing and finance sectors, has appraised the main challenges facing Iran's housing sector.

The head of Central Insurance company of Iran, the regulator of the insurance industry, says insurers’ earnings from selling insurance policy will reach a record of 600 trillion rials ($5.3…

Banks and credit institutions in Iran lent 3,821 trillion rials ($34.1 billion) during the first six months (March 21-Sept. 22) of the current fiscal year.  The figure was 789.3 trillion…

Registration for government-sponsored "National Housing Initiative", aimed at supplying a total of 400,000 affordable homes, will begin on Nov. 6 in 10 provinces across the country, Minister of…

Head of the company that oversees the long-awaited regulated foreign exchange market says the market is ready to start functioning and is awaiting a final go-ahead by the regulator.  In…

Following efforts to improve the financial transparency and discipline administrative bodies, the Central Bank of Iran has connected its Centralized Database for Loans and Commitments, known by…

The Central Insurance company of Iran, the body in charge of supervising the industry, has released the long-awaited annual report on the performance of the insurance sector in the fiscal year…

Leaving behind lethargic times, equities in the Tehran Stock Exchange showed some signs of recovery Wednesday amid investor enthusiasm to buy shares of small companies.  The TSE benchmark…

An executive bylaw of the Central Bank of Iran has made it mandatory for banks and credit institutions to create special units to deal exclusively with possible money laundering issues. …

The general price index of construction materials for residential units in Tehran rose 29% during the second quarter of the current Iranian year that ended on Sept. 22 compared with last year's…

The head of Iranian National Tax Administration says the affluent in Iran do not have tax return files or largely evade fulfilling their tax obligations.   Reviewing banking…

The total number of bank debit cards, used for at least one transaction, in the sixth month (ended September 21) of the Iranian fiscal year reached 101 million, way higher than the 91 million…

The National Development Fund of Iran, the country’s sovereign wealth fund signed 15 agency contracts with banks to pay $5.8 billion in foreign currency loans during the first quarter of the…

The Central Bank of Iran's latest report on property sales in Tehran shows the number of home deals made in the capital city rose in the seventh month of the current Iranian year that ended on…

Financial records of Iranian stock brokers show the domestic brokerage industry earned 6.6 trillion rials ($59 million) in net profit in the last fiscal year that ended in March. 

The government is planning to repay its debts to private companies by selling its stakes in state-controlled petrochemical and refinery companies, according to a member of Tehran Chamber of…

More than 599.9 billion shares worth 2,027 trillion rials ($18.1 billion) were traded in 51.42 million deals in the Tehran Stock Exchange during 140 trading sessions in the first seven months of…