Bank Maskan, specializing housing mortgage, has lowered its fees for issuing repayment guarantees for installment sale contracts from 5% to 2.3%, according to the bank CEO, Mohammad Hashem…
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 Insurance Company has sent a group of experts to Mahshahr Port in south Iran to determine losses caused by the massive blaze in Bou Ali Sina Petrochemical Complex. IIC is the agent insurance…
President Hassan Rouhani on Tuesday said new regulations related to the salaries of top officials and executives, obliging all government and affiliated bodies to disclose the salaries of their…
Head of the Majlis Research Center has called for expanding ties with the Central Bank of Iran, which he said “would help maximize the efficiency of regulations.”
Iranian steel producers are expected to export close to 5.8 million tons of steel by the end of the current Iranian year (March 2017), says Rasoul Khalifeh-Soltani, the head of Iran Steel…
Since the beginning of the harvest season in late March, about 5.6 million tons of wheat worth some 71,000 billion rials ($2.04 billion at current market exchange rate) have been purchased from…
Close to 2.2 million licensed sales outlets are active across the country, according to the Statistical Center of Iran.
Grocery stores, real-estate agencies and hair salons are the most…
More than 150,000 tons of coal concentrate were produced in the first three months of the current Iranian year (March 20, 2016-17), indicating a 54% increase compared to last year’s corresponding…
Tehran Stock Exchange’s benchmark index gained 109 points or 0.15% in the last trading week that ended on July 6 to close at 74,049.
Wednesday was a public holiday and the TSE is closed on…
A survey of 10 economists and representatives of Iran’s private sector economy shows they are against raising tax rates as a way to supplant the government’s receding oil revenues.
Recent explorations carried out by Iran Mines and Mining Industries Development and Renovation Organization in Zarshouran Gold Mine have increased the mine’s proven reserves from 80 to 108 tons,…
As a result of a large amount of non-performing loans (NPLs) in the banking system, there won’t be further cuts in lending rates, Ahmad Meydari, deputy minister of labor, cooperatives and social…
The likelihood of economic growth as a result of a significant increase in demand in the key housing sector is simply unfeasible as the role and influence of this sector in terms of economic…
Ministry of Roads and Urban Development is developing a comprehensive, nationwide database of all residential units across the country which will include information about owners. The move is…
A former banking official says if Iran wants to be permanently removed from the black list of the Financial Action Task Force, coordination among all state institutions is crucial to effectively…
Software AG–the second largest software vendor in Germany–has revealed its strategic plan to venture into Iran to leverage its potential of becoming the fastest-growing IT sector in the…
Shifting the focus to costumers’ needs and providing customized services as well as developing sustainable profit-making tools are among Bank Mellat’s priorities, said the newly-appointed chief…
Tehran Stock Exchange’s main index shed 116.80 points or 0.16% to close Monday trade at 73,947.2.
More than 1.4 billion shares valued at $80.3 million were traded on the day.
Fars…
Among local governments in South Korea, the Busan Metropolitan City Government has been the most active in supporting domestic companies’ forays into the Iranian market since the lifting of the UN…
Shortage of iron ore, scrap iron and pellet is the main impediment to growth in the domestic steel industry and the realization of the targets set in the 20-Year Vision Plan (2005-25), an advisor…
The Securities and Exchange Organization has unveiled its platform for hosting venture capital funds to help expand tech companies.
The platform was designed in cooperation with over-the-…
The Fourth International Maritime Exhibition of Iran is scheduled to be held in Tehran on September 24-26.
On the sidelines of the 25th International Financial Congress in St. Petersburg, Akbar Komijani, the deputy governor of Central Bank of Iran met the Vice Governor of Central Bank of Russian…
After nearly 10 years, sponge iron production plants of the so-called “Seven Provincial Steel Projects” will become operational by the end of the Iranian year (March 2017), announced the head of…
Tehran Stock Exchange’s main index added 98.50 points or 0.13% to close Sunday trade at 74,923.8.
More than 937 million shares valued at $76.1 million were traded for the day.
Bafgh…
