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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July 14,2018New US sanctions are likely to prevent the use of a Lloyd’s of London IT platform for any Iran insurance, adding to difficulties for European insurers providing cover for the country. European... -
July 14,2018Brazil is among top exporters of basic agricultural products to Iran with the country purchasing about $780 million worth of corn, $565 million worth of meat and $280 million of sugar from the...
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July 13,2018A huge number of Afghan immigrants and refugees have begun to leave Iran due to the recent...
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July 13,2018Japanese banks are moving to stop handling all Iran-related transactions to meet a November...
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July 13,2018Maskan Investment Group, the parent company of Bank Maskan, has outlined the group’s new policy in line with the bank’s efforts to spur the housing market. Iran’s property market has been beset...
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July 13,2018A new terminal at Jahrom Airport in the southern Fars Province is under construction, which is expected to become operational in the spring of the fiscal March 2020-21, the director general of Fars...
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July 13,2018The Islamic City Council of Tehran approved on Tuesday a measure that increases the costs of burial plots at Behesht-e Zahra, the largest cemetery in Iran located in southern Tehran. As land is...
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July 13,2018The total volume of liquidity reached 15.3 quadrillion rials ($354.24 billion) by the end of the previous fiscal year on March 20, 2018, latest data released by the Central Bank of Iran show....
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July 13,2018In what is being seen as an assurance to Iran, India on Thursday said it is moving with...
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July 13,2018The Central Bank of Iran has sent a directive to the banking system announcing that fees levied on payments made through mobile phones have been eliminated, in what can be interpreted as a blow to...
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July 13,2018Comatose for most of the week, Tehran stocks took a hit on Wednesday as the prospect of a full-scale global trade war drove panicked investors into a selloff. A heavyweight petrochemical initial...
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July 13,2018Fresh fruits registered the highest year-on-year inflation rate of 52.3% over the year ending July 6 while pulses had the lowest inflation rate of 1.2%. The Central Bank of Iran’s report on retail...
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July 11,2018Iran Aseman Airlines’ board of directors appointed Mohammad Gorji as the new managing director to replace Hossein Alaei who had resigned. Gorji is a highly experienced aviation industry expert...
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July 11,2018Petrochemical firms have presented $1.5 billion of their export earnings to the market in the past two months at the unified rate of 42,000 rials, a guild official announced. Ahmad Mahdavi added...
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July 11,2018The Islamic Republic of Iran Customs Administration said it has exported a first cargo to Pakistan through the southeastern Mirjaveh Customs Office under cover of the electronic TIR Convention—the...
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July 11,2018A senior Central Bank of Iran official said the bank is conducting studies to "revise" interest rates in the banking system. "However, the evaluation of monetary variables and interest rates in...
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July 11,2018A housing official said the government is providing funds to complete the construction of 150,000 residential units, as part of the protracted Mehr Housing Project initiated more than a decade ago...
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July 11,2018The inauguration ceremony of the final section of Line-1 of Isfahan Subway was held in the presence of First Vice President Es’haq Jahangiri on Tuesday. The section, built as the third phase of...
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July 11,2018Iran’s total non-oil trade with member states of the Organization of Islamic Cooperation in the last Iranian year (ended March 20, 2018) witnessed a 6.84% and 12.46% rise in tonnage and value...
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July 11,2018Bank Maskan CEO Abolqasem Rahimi Anaraki announced plans to revitalize the housing sector by...
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July 11,2018Iran on Tuesday criticized India for not fulfilling its promise of making investments in...
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July 11,2018Members of Iran’s Parliament have ratified a single-urgency plan containing seven articles that propose measures to nullify or weaken the impact of sanctions the US plans to reimpose on the country...
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July 11,2018Tehran Stock Exchange’s main index lost 1,343.87 points or 1.21% on Wednesday to end trading at 109,505.1. About 829 million shares valued at $50.43 million changed hands at TSE for the day....
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July 10,2018Bank Maskan said over 326,000 applicants have signed up for a popular mortgage scheme the lender launched three years ago. Down payments required of the applicants under the Housing Savings...
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July 10,2018The secondary foreign exchange market started working in earnest on Tuesday, with reports suggesting that the first trading at a negotiated exchange rate was almost equivalent to that of the open...
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