Business And Markets

A 15% stake in Jam Petrochemical Company worth over $400 million is set to be offered on Turkey's Borsa Istanbul (BIST), announced the deputy head of Civil Pension Fund Investment Company on…

Foreign entities such as JLT, Willis, Swiss Re, Zurich Re, National Insurance Academy, Asian Re, Thomas Cooper, RFIB, and some universities such as KU Leuven and Monash have conducted short-term…

Gazprombank is starting activity in Iran along with other Russian banks, Akbar Komijani, deputy governor of the Central Bank of Iran said according to Bloomberg.

Komijani said he had held…

Even though Iran’s banking system was entirely shut off from the global network in the past years, Iran was abreast of what was transpiring on the relevant global scene, says a senior banker.

Governor of the Central Bank of Iran says the government has changed its approach toward the banking system by becoming more realistic in dealing with the key sector.

According to Valiollah…

South Korea and Iran have agreed to expand their direct flights between Seoul and Tehran to 11 times a week to help bolster bilateral economic cooperation following the lifting of western…

With non-oil exports of $10.5 billion during the first quarter of the current Iranian year (started March 20), about 21% of the government’s export target ($50 billion) for this year has been…

Tehran Stock Exchange’s main index gained 27 points or 0.04% to end Wednesday trade at 73,763.

Over 1.7 billion shares valued at $177 million were traded for the day.

Ardakan…

Like many western firms, Procter & Gamble Co. is eying new opportunities in Iran following the relaxing of trade sanctions earlier this year.

However, for a Swiss subsidiary of the US…

The Central Bank of Iran, the US Treasury and international banks were to meet in London on Tuesday to discuss stalled progress on banks resuming ties with Tehran after sanctions were lifted in…

South Korea is planning to launch a euro-based payment system, designed for companies that wish to do business with Iran. The Seoul government is now in the process of selecting a bank to manage…

Larger European banks are reengaging with Iran, Central Bank of Iran’s vice-governor, Ali Akbar Komijani, told a banking conference on the sidelines of the Ninth Exchange, Banking and Insurance…

The Intelligence minister says the security apparatus strives to maintain a safe and secure environment for investment for both domestic and foreign businesses.

"We believe that security…

The ambassador of the People’s Republic of China to Iran says many banks throughout the world are waiting for a go-ahead from the United States Treasury to restart their dealings with Iran.…

Tehran Stock Exchange’s main index lost 80.70 points or 0.11% to end Tuesday trade at 73,736.

More than 1 billion shares valued at $91.5 million were traded for the day.

Fars Cement…

Foreign investment in Iran has climbed 40% since the implementation of the nuclear deal between Iran and world powers in mid-January, Securities and Exchange Organization’s deputy for…

Guinea’s Minister of Mines and Geology Abdoulaye Magassouba met with the head of Iranian Mines and Mining Industries Development and Renovation Organization, Mehdi Karbasian, to follow up on a…

Athens Stock Exchange has signed a memorandum of understanding to promote mutual cooperation with the Central Securities Depository of Iran. The agreement was signed between Socrates Lazaridis,…

Economy Minister Ali Tayyebnia said financing by securities markets more than tripled in the last Iranian year (March 2015-16).

Tehran Stock Exchange and the Iran Fara Bourse over-the-…

Boeing’s commercial jetliner chief says if its deal to sell Iran passenger aircraft is blocked by the US Congress, all other US companies that supply to its rivals should be prohibited as well.

South Korea’s Financial Supervisory Service and Iran’s Securities and Exchange Organization signed two memorandums of understanding in pursuit of further cooperation and cross-border investments…

Head of Iran’s Securities and Exchange Organization has urged foreigners to invest in Iran’s bond markets before looking into equity investments. Mohammad Fetanat-Fard added that government bonds…

Iranian UPVC profile producers are facing bankruptcy as a result of the high cost of raw materials and rampant imports of cheap foreign products, the head of Iranian UPVC Profile, Door and Window…

Iran and Bulgaria signed three memoranda of understanding in a meeting attended by visiting Bulgarian Prime Minister Boyko Borisov and Iran’s First Vice President Es’haq Jahangiri in Tehran on…

Tehran Stock Exchange’s benchmark index gained 52.50 points or 0.07% to end Monday trade at 73,816.7.

More than 845 million shares valued at $71 million were traded for the day.

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