The World Bank says Iran has so far gained access to as much as $30 billion of its frozen assets in the wake of the landmark nuclear deal that it signed with the six world powers last year.
Business And Markets
<p>Iran Business And Markets News, Get the latest business news about Iran including banking, stock market, real estate market, steel industry, mining, trade finance, fintech and insurance.</p>
The 2016 edition of Basel AML Index was published this week by the Basel Institute on Governance, covering 149 countries; it’s the fifth edition of the rankings. The index is an annual…
The first phase of construction has begun on the Gohar Lorestan food factory, affiliated to the Bank Meli Iran. In the opening ceremony of the factory attended by Interior Minister Abdolreza…
The Money and Credit Council approved Central Bank of Iran financial statements for the fiscal year ending March 19, 2016. Statements had been primarily reviewed by the bank, the CBI website…
The total number of home sales in Tehran reached 15,000 during the month ending July 20, marking an annual growth of 27.6%. Residential units were sold at an average price of 42.3 million rials ($…
The Central Bank of Iran said Thursday commercial banks will soon be allowed to trade in the parallel foreign exchange market, as part of the initiative to scrap the dual exchange rates and move…
Trade routes between Iran and Iraq have thrived over the past decade because Iraqi markets remained mostly open at a time when sanctions closed off other potential markets for Iranian exports.…
Tehran Stock Exchange intends to design an index for fixed-income securities offered on the exchange, says Chief Executive Hassan Qalibaf-Asl. “We have sent the request for a debt market index to…
Fourteen foreigners registered for trading in Iran’s securities markets in the Iranian month of Tir (June 21-July 21, 2016), a Central Securities Depository of Iran executive said.
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Tehran Stock Exchange's benchmark index jumped by 1,712 points or 3.2% during the trading week that ended July 27 to close at 76,225.
TEDPIX recorded its biggest daily gain in four weeks on…
Export of three strategic minerals, namely iron ore, copper and gold, in their raw form will be banned by the end of the first half of the next Iranian year (August 22, 2017), the head of…
Iranian steel manufacturers believe consolidation is the only way out of the ongoing recession, as they aim to boost steel exports.
Exports from Arvand Free Commercial-Industrial Zone in the southwest of Iran amounted to more than $1.4 billion in the last Iranian year (March 2015-16), indicating a 9% increase compared to the…
Iran’s largest producer of semi-finished casting products, Khuzestan Steel Company, plans to strengthen positions in export markets this year, which may tighten competition with other suppliers to…
Iran Mercantile Exchange saw the trading of 407,779 tons of goods on Wednesday, including 110 tons of I-beam, 20,220 tons of rebar, 30,500 tons of steel ingot, 10,729 tons of bitumen, 160 tons of…
Iranian Central Plateau Iron Ore Mines Complex, otherwise known as ICEP, plans to increase its granulated iron ore output to 1.4 million tons by the end of the current Iranian year (March 2017…
Finnish company Outotec has been awarded a contract by Shangdong Province Metallurgical Engineering Co., known as SDM, for the delivery of process equipment to the Iron Concentrate Project Sangan…
Stocks accelerated their rally on Wednesday, as large-scale deals between big market players boosted the market's climb a day after the entire board of the Securities and Exchange Organization…
The CEO of Bank Melat Iran the minister of Oil and the CEO of National Iranian Oil Company discussed ways to enhance cooperation.
Referring to some of the most important achievements of the nuclear agreement between Iran and world powers, the head of international affairs at Export Development Bank of Iran said that banking…
Government interference in price controls, levying value added taxes on premiums, and the misconception of government executives about insurance policies are some key issues insurers are facing.…
In recent months the Central Bank of Iran has set new boundaries for the banking system, preventing them from further getting mired in the frenzied race to attract deposits.
The Bank Mellat sanctions litigation, which has been through both the UK Supreme Court and the European Union Court of Justice, is now going back to the UK High Court to deal with the damages…
The government has allocated 3 trillion rials ($97 million) to the Export Development Bank of Iran to provide exporters with loans at 14%, said an official in Trade Promotion Organization. The…
The governor of the Central Bank of Iran said after the easing of sanctions in January, the number of correspondent relations between Iranian banks and their foreign peers has increased. According…
