ZPay, a payment application for foreign tourists in Iran, won Bank Pasargad Iran’s award for best financial innovation in the First Fintech Festival.
A group of 16 participating teams…
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ZPay, a payment application for foreign tourists in Iran, won Bank Pasargad Iran’s award for best financial innovation in the First Fintech Festival.
A group of 16 participating teams…
The Tehran prosecutor general has spoken out against directed credit schemes by banks, stressing that loan allocation violations must be reviewed by the experts.
The housing market is likely to pick up in the next fiscal year (starting March 20) and since most tenants are economically disadvantaged, it is hoped that rents will remain steady or rise…
More than 13.5 trillion rials (around $360 million) worth of foreign direct investments have been made in Alborz Province since President Hassan Rouhani took office in August 2013, the head of…
A consortium of Iranian private companies has signed a deal worth $1 billion with the Iranian Mines and Mining Industries Development and Renovation Organization to develop one of Iran’s largest…
The budget law of the upcoming fiscal year (March 2017-18) has projected 1,150 trillion rials ($30.59 billion) in tax and customs revenues.
Over the past two years, as many as 4,200 gold and jewelry businesses have closed shops across the country, said a board member of Gold and Jewelry Employers’ Association of Tehran Province,…
Tehran Stock Exchange’s main index inched up 13.4 points or 0.02% to end Sunday trade at 76,329.0.
More than 3.3 billion shares valued at $140 million changed hands for the day.
…
President Hassan Rouhani's executive order to transfer all government accounts to the Central Bank of Iran will be completed next year, the director of CBI's Office for Banknote Issuance said.…
The Iranian banking system is not bankrupt contrary to some reports and the Central Bank of Iran is in control, the vice governor of CBI said.
The head of Tehran Chamber of Commerce, Industries, Mines and Agriculture has called for the unification of foreign exchange rates and criticized the current dual rate system.”
The International Monetary Fund is optimistic that Iran can unify its dual foreign exchange rates in 2017-18 despite recent challenges facing the country, such as currency market volatility.
The second meeting of the Supreme Labor Council on setting the next Iranian year’s (March 2017-18) minimum wage for nearly 13 million Iranian workers will be held today at the Ministry of…
After days of cold snaps, it was a sunny Wednesday morning at Neauphle-le-Chateau Street in downtown Tehran. The press had gathered at the French Embassy for a briefing on the country’s plans for…
Women held 89% of all the jobs created over the past Iranian year (March 2015-16), according to the minister of cooperatives, labor and social welfare.
“The employment of women in…
The Organization for Economic Cooperation and Development should upgrade Iran’s risk classification in view of the country’s current economic situation, said the CEO of Austria’s Oberbank.
The Central Bank of Iran has updated its list of bureaux de change officially allowed to operate in the market. According to the latest update by CBI on March 4, a total of 419 exchange houses…
The governor of the Central Bank of Iran believes that the country will be able to meet the conditions needed to become a full-time member of the Financial Action Task Force when the organization…
Some 284 million tons of mineral products were produced in Iran during the 11 months to February 18, the Iranian Mines and Mining Industries Development and Renovation Organization’s latest…
Tehran Stock Exchange’s main index shed 1,190 points or 1.5% during the week that ended March 8 to close at 76,285.
IFX, the over-the-counter Iran Fara Bourse’s benchmark, lost 5 points or…
About 52% of Refah Chain Stores Company’s shares worth 3.8 trillion rials (about $102 million) belonging to four major banks are being offered to investors in the domestic stock market (starting…
In the past few years, network marketing has become a popular occupation among Iranian youth.
Having successfully distanced themselves from controversy involving pyramid schemes, these…
Iran’s top economic officials have reacted to the news that Iranian assets have been frozen by a Luxembourg court, expressing confidence that the case would end in Iran’s favor.
“We hope…
The Central Bank of Iran hosted a meeting to analyze obstacles to the implementation of the International Financial Reporting Standards.
During the one-day meeting on Tuesday, issues…
President Hassan Rouhani’s Cabinet has approved a measure to repay its arrears to the Social Security Organization and the organization’s debts to a commercial bank.