A banking expert says concerns regarding Iran cooperation with the Financial Action Task Force and the Islamic Republic’s membership in FATF are not insurmountable.
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>
Iran seeks to increase its share of global ferrochrome markets in light of China cutting down on production capacities in some of its industrial sectors, including ferrochrome, and the country’s…
CEO of flag carrier Iran Air Farhad Parvaresh said the airline’s talks with French planemaker Airbus and French-Italian manufacturer of short-haul aircraft ATR are making progress.
“None of…
Corn and frozen chicken joined Iran Mercantile Exchange’s tradable commodities list this week, with the aim of keeping middlemen out of the markets for these products.
Commodities trading…
In the current Iranian year (March 2016-17) the Iranian government has allocated over $16 billion to implement construction projects across the country, according to Mohammad Baqher Nobakht, the…
Tehran-based law firm Open Iran Group and London-based International Finance Magazine plan to hold “Focus Iran Summit” in the Iranian capital’s Espinas Hotel from 26th to 27th September 2016.
Tehran Stock Exchange’s main index inched up by 34.50 points or 0.05% to end Tuesday trade at 75,501.
More than 775 million shares valued at $50.1 million changed hands for the day.
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The Supreme Council of the Insurance Industry in a statement Monday required insurers to offer approximately 16% returns on life insurance policy and annuities with two-year contracts.
In a new directive the Central Bank of Iran delved into the much-discussed matter of marriage loans, obliging specific agent banks in the banking system to issue 150,000 loans per month.
Reiterating Central Bank of Iran policy obliging banks to focus on small and medium-sized enterprises by allocating them credits, the governor of the bank says the banking system has no limits…
Mi Business Bank, subsidiary of Bank Melli Iran in Russia, is providing services to traders in Russia, Iran and Central Asia. Gholamreza Panahi, said the head of Mir Business Bank.
“We also…
Guinea’s Societé des Bauxites de Dabola-Tougue expects to begin the construction of a mine by the end of this year, which would allow it to exploit its large, untapped reserves of bauxite, the…
Iran brushes off speculations that the multibillion dollar agreements it signed with US-based planemaker Boeing and its French rival Airbus are threatened by delays resulting from financial and…
Together with its subsidiaries, Mobarakeh Steel Company is Iran’s largest steelmaker and flat steel producer, accounting for approximately 50% of the country’s total steel output and holding the…
Tehran Stock Exchange’s main index gained 282.60 points or 0.38% to end Monday trade at 75,466.5.
More than 890 million shares valued at $55.2 million changed hands for the day.
Iran…
The construction of Sabzevar’s direct-reduced iron production plant will be completed by the end of December, said the project’s manager. Saeed Nezamdoust added that the plant will become…
The involvement of banks in non-banking operations should be allowed “to a defined extent”, the director of Monetary and Banking Research Institute said.
“Banks need to run subsidiary…
A former head of the Association of Realtors says large amounts of capital is locked up in banks instead of being used to prop up the struggling manufacturing sector,
Noting that the…
The banking sector’s total debts to the Central Bank of Iran stood at 893 trillion rials ($28.9 billion) as of May 20 -- an increase of 6.6%, year-on-year according to Central Bank of Iran’s data…
The governor of the Central Bank of Iran announced that the Usury-Free Banking and the Central Bank Reform Bills will be sent to parliament by late August.
As Iran pushes to get what it paid for in the landmark nuclear deal it signed a year ago with the six world powers, the country's private banks have taken the lead in rebuilding the financial…
The 25th International Furniture Fair is scheduled to take place from August 3 to 6 in Tehran’s International Permanent Fairground.
Iranian private sector steelmakers produced over 1.8 million tons of crude steel during the first half of 2016, registering a whopping 92% rise compared to last year's corresponding period,…
Most Iranian ports are quite developed and well known.
Caspian Sea ports in the north of the country (Anzali, Amirabad and Noshahr) are predominantly involved in imports from neighboring…
Tehran Stock Exchange’s main index added 249.60 points or 0.33% to end Sunday trade at 75,183.9.
More than 732 million shares valued at $71.8 million changed hands for the day.
Zar…
