Iran’s Auto Parts Manufacturers Association says if Iran Khodro and SAIPA do not pay their debts to auto parts manufacturers, they will soon become bankrupt.
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 row between airliners and state-owned airports operator Iran Airports Company over their overdue debt to the company for providing them airport services for years is raging on.
Iran Mercantile Exchange saw the trading of 161,000 tons of goods on Sunday, including 15,430 tons of barley, 500 tons of corn, 6,800 tons of white sugar, 50 tons of aluminum ingot, 8,500 tons of…
The pound hit a six-months-low in Tehran’s open market on Sunday. The British currency sold for 47,430 rials, down by 1.56% compared with yesterday’s close of 48,170. The Central Bank of Iran…
Minister of Economy Ali Tayyebnia said on Sunday the government plans to issue 400 trillion rials ($13 billion) worth of bonds in the current fiscal year that ends in March 2017. The bonds will be…
The parliament will support any measures aimed at combating money laundering, said Ahmad Anaraki, a member of the Majlis Economic Affairs Commission on Saturday.
“Iran has always strived…
The Central Bank of Iran is about to finalize its primary talks with foreign payment networks including European companies, according to Nasser Hakimi, head of Central Bank of Iran technology…
The tremor from the salary scandals in the Iranian public sector unleashed recently by the disclosure of unusually high wages at state-owned banks and company executives continues to shake the…
Professional Insurance Institution, a non-government body offering services to insurers, has launched a Risk Management Consultation Center, mainly to promote awareness of the need for risk…
Now that debts have been repaid and coverage of Euler Hermes has resumed, a rise in Iran’s business dealings can be expected, says Seyyed Razi Haji-Aghamiri, head of Export Commission of Iran…
As per a directive issued by the Economy Minister Ali Tayyebnia, a cap has been devised for the income of bank CEOs and they can no more have access to interest-free loans as they did before.
A new version of Shetab, Iran’s comprehensive electronic banking network has been launched and Bank Maskan has become the first bank to join the network, the bank’s website reported on Saturday.…
Iran Mercantile Exchange played host to the trading of more than 71,000 tons of goods on Saturday, including 7,303 tons of barley, 500 tons of corn, 7,600 tons of white sugar, 1,076 tons of…
Iranians annually buy up to $4 billion worth of plane tickets from foreign airlines, the minister of roads and urban development said.
“Due to the awful state of Iran’s air fleet, we have…
The chief executives of four public banks have been sacked as part of a broad government campaign to crack down on undeserving astronomical salaries.
Economy Minister Ali Tayyebnia…
Ratings agency Fitch has visited Iran as more foreign banks show interest in working in the country six months after sanctions were lifted, according to a senior central bank official.
Muhammad Kazem Choghazardi, the CEO of Bank Sepah, announced that his bank is monitoring the ailing production sector in the country and is willing to help them with new loans.
President Hassan Rouhani announced on Wednesday he has signed the much-anticipated Banking Overhaul Plan into law, which is seen as a milestone in initiating reforms in the beleaguered banking…
A senior International Monetary Fund official expressed optimism about Iran's ability to increase global confidence in its economy, after months of international reluctance to invest and trade…
Iranian steel mills have realized close to half of the crude steel production capacity target set in the 20-Year National Vision Plan (2005-25), according to Iranian Mines and Mining Industries…
Stock markets remained stable as volatility subsided in the last week of June, as Iran’s isolation shielded it from the global turmoil that rocked markets after British voters decided to leave the…
Iran Mercantile Exchange has become a member of World Federation of Exchanges, the head of Iran Securities and Exchange Organization, Mohammad Fetanat, announced on Thursday. According to Fetanat…
The size and deals struck by the South Korean mission that recently visited Iran show how the East Asian country sees and values the Middle Eastern country.
The US dollar on Wednesday surged to a 3-month high against the rial and was sold for 35,380 rials in Tehran’s open market. The American currency gained 0.94% from the previous day’s close of 35,…
Pakistan’s Federal Minister for Commerce Khurram Dastgir Khan has directed the representatives of the country’s banks to give viable proposals within a month for facilitating banking transactions…
