Any driver without a personal auto policy will have his car confiscated by the police, as per a new directive approved by the Cabinet.
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.
Based on the experience of countries that succeeded in absorbing foreign direct investment, incentives such as tax exemption, investment guarantees and customs facilitations play an important role…
The Central Bank of Iran has unveiled the blueprint based on which state-owned lenders must make their financial data publicly available in line with the government's efforts to boost transparency…
Sina Bank has established correspondent relations with 25 internationally recognized banks to benefit from their international experience and provide better services to customers, the bank’s…
An insurance scheme has been launched for border couriers, a member of parliament, Rasoul Khezri has announced. Up to 18,000 border couriers are expected to be covered by an insurance program…
Close to one-third of Tehran Stock Exchange’s total market capitalization is held by 10 companies.
For the fifth time, Iran Privatization Organization failed to attract a buyer for an equity stake of Esfahan Steel Company.
When Iran signed its landmark deal with world powers in 2015, curbing its nuclear program in exchange for sanctions relief, many expected an investment gold rush.
But despite thousands of…
Tehran Stock Exchange’s main index shed 26.70 points or 0.03% to end Tuesday trade at 78,632.5.
Trading at TSE and Iran Fara Bourse starts on Saturday and ends on Wednesday.
About…
Iran’s national rail company, the Islamic Republic of Iran Railways, will sign a €1.2 billion deal with its Italian counterpart on July 11 to build a high-speed railroad between the cities of Qom…
The Center for Economic Research and Studies with the Iran Chamber of Commerce, Industries, Mines and Agriculture in a comprehensive report, has explored the role of monetary policy in economic…
The administration of President Hassan Rouhani will implement the longstanding policy of unifying Iran’s dual foreign exchange regime “at the first possible opportunity”, which will likely be…
Bank Melli Iran is set to gradually shed its excess assets currently worth 27 trillion rials ($714 million) after the clearance of legal hurdles, BMI’s deputy for logistics announced.
“In…
With interest rates once again in the spotlight, the head of Monetary and Banking Research Institute has proposed three strategies to deal with the punishingly high borrowing rates.
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The Central Insurance of Iran has developed a draft version of regulations regarding marketing and selling insurance policies both online and via mobile applications.
Tehran Stock Exchange’s main index shed 106.10 points or 0.13% to end Monday trade at 78,659.2.
Trading at TSE and Iran Fara Bourse starts on Saturday and ends on Wednesday.
About…
About 2,100 tons of zinc ingots valued at $5 million were exported from Hormozgan Province to Europe and East Asia during the first quarter of the current fiscal year (started March 21),…
The Iranian banking conundrum is getting more complicated every day.
The Central Bank of Iran’s officials have announced plans to merge several failing banks, causing many depositors to…
After euro’s rally against the rial in Tehran’s market intensified a week ago, the European currency reached its highest value against the Iranian currency in three years, being exchanged for 44,…
The World Bank forecasts that recent developments in Iran point to the fact that the country's non-oil sector and investments are likely to play a bigger role in the next few years, which will…
Due to the importance of conforming banks' balance sheets to International Financial Reporting Standards and establishing risk management departments, the second and final day of the 27th annual…
Injecting liquidity into the ailing Iranian manufacturing units by the government runs counter to the purported aim of lending a hand to the production sector, the head of Iran Chamber of Commerce…
Bank of Industry and Mine and the Paris branch of Tejarat Bank have signed an agreement for extending a credit line worth €25 million ($28.5 million) for importing goods from France.This line of…
Oxin Steel Khuzestan Company is preparing to boost exports to the European Union after the EU commission decided to limit Chinese imports.
Iranian Privatization Organization is putting out the shares of four state-owned companies to tender today (Monday.