Business And Markets

President Hassan Rouhani met with leaders from the UK, Italy and Turkey, and emphasized the need to expand banking cooperation.

“European leaders must guarantee that their banks and…

Over $85.56 million worth of tobacco products were imported during the five months of the current Iranian year (started March 20), the Islamic Republic of Iran Administration announced. Jordan,…

All major international automakers have rushed to take the lion’s share of Iran’s auto market and Renault was no exception, after the western sanctions against Iran were lifted.

Throughout…

Tehran Stock Exchange’s main index gained 178.30 points or 0.23% to end Wednesday trade at 76,450.9.

More than 629 million shares valued at $45.3 million changed hands for the day.

…

Iran’s two equity markets diverged in the first half of the current Iranian year that started on March 20.

Equities on both Tehran Stock Exchange and Iran Fara Bourse took hits during the…

Housing accounted for the largest portion of expenses of urban households during the previous fiscal that ended in March.

Iran is pressing the United States to ease banking obstacles to the reopening of trade under last year’s nuclear deal and hopes for progress on the sidelines of United Nations meetings in New York…

With the launch of the new credit card scheme, the first of its kind, in the coming days, the business community is expressing hope that it would help restore buying power that has significantly…

Final estimations show that the massive blaze that engulfed the Bou Ali Petrochemical Complex in the southern Mahshahr Port, has caused about €122 million in damages, a person familiar with the…

Iran agreed on Tuesday to restructure Cuba’s debts to its export credit agency as part of a deal struck during a visit by President Hassan Rouhani to the Latin American country.

The…

Tehran Stock Exchange’s main index gained 105.87 points or 0.14% to end Monday trade at 76,272.60.

More than 1.2 billion shares valued at $81 million changed hands for the day.

Pars…

Short-term government bond yields have dropped by over a fifth since last year.

The newly issued Islamic Treasury Bills are following the decline in bank interest rates. In fact, declining…

A number of European banks are ready to cooperate with Iran following the relaxation of sanctions and the country’s gradual integration into the international community.

A new flight was launched between the port city of Aktau in Kazakhstan’s Caspian region of Mangystau and the city of Gorgan in Iran’s northern Golestan Province on Tuesday. The direct route will…

Iranian steel mills produced more than 11.4 million tons of crude steel during the eight months of 2016, which indicate a 5.1% rise compared with last year’s corresponding period, according to a…

Saudi Arabian stocks declined the most in the Persian Gulf as the country’s equities traded for the first time in a week, tracking a selloff across developing nations as investors weigh the…

British banks are in talks with the US agency that is charged with planning and execution of economic and trade sanctions in order to facilitate the reestablishment of links with their Iranian…

Leasing companies have called on the Central Bank of Iran to stop setting fixed rates for lease contracts, claiming that the rate caps have been causing them considerable losses.

Hadi Moqei…

Premium earned last year by the insurance industry rose 14%, a trend that persisted through the first five months of the current fiscal that started in March, and climbed further to reach 20%,…

Bank Sepah is prepared to finance 1,200 housing units in distressed urban areas. The lender will provide 1,000 applicants with loans for reconstruction of their old home, and 200 applicants with…

The constructions of two iron ore pellet-making plants in Sangan mineral zone with a total production capacity of 10 million tons per year are scheduled to be completed by the end of the current…

Automakers, banks and holdings were the three top trading groups last week on Tehran Stock Exchange, constituting 56% of all transactions.

The traditionally volatile group of automakers and…

Iran Mercantile Exchange witnessed the trading of more than $8.5 billion worth of commodities in the first half of the current Iranian year (started March 20), IME Managing Director Hamed Soltani-…

Tehran Stock Exchange’s main index gained 61.80 points or 0.08% to end Sunday trade at 76,166.7.

More than 611 million shares valued at $97 million changed hands for the day.

Dr.…

Iranian steel mills produced over 7.5 million tons of crude steel during the first five months of the current Iranian year (started March 20), registering a 5.3% increase compared with last year’s…