Volvo Construction Equipment has offered to provide Iran with €200 million worth of mining machinery, Iranian Mines and Mining Industries Development and Renovation Organization reported.…
Business And Markets
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.
Germany’s small-to-medium-sized firms, or Mittelstand, are scrambling to work out how to maintain business in Iran after a meeting between Germany’s foreign minister and his US counterpart…
Tehran Stock Exchange’s all-share index, TEDPIX, gained 505 points or 0.5% during the week that ended on March 23 to close at 95,445.1.
Iran Fara Bourse’s benchmark index, IFX, gained 9.…
The EU has announced its intention to protect European businesses that wish to continue dealing with Iran by updating its “Blocking Regulation” before August 6, 2018, when the first tranche of…
More than a week after US Treasury Department blacklisted Central Bank of Iran's Governor Valiollah Seif for his alleged "support for terrorism", the International Monetary Fund has released a…
Businesspeople that have validated their purchase orders are allowed to directly purchase their required foreign currencies from certified exchange shops through Nima, the Central Bank of Iran's…
The Money and Credit Council approved the Central Bank of Iran’s proposals demanding a more stringent oversight of credit institutions and amendments to administrative procedures related to…
While Germany’s big banks are studiously avoiding Iran-related deals for fear of US reprisals, six credit unions, or Volksbanken, from southern Germany appear unafraid and are continuing to…
The third month of the current fiscal year (May 22-June 21) will witness 19 government-owned assets worth more than $109 million put up for sale both via capital market and tenders. The sales…
Iran Mercantile Exchange launched saffron futures trading for the first time on Wednesday to develop the market for derivatives with new underlying assets.
The futures' expiration date…
Tehran's stock market is no stranger to systematic risk stemming from political turbulence.
Tehran Stock Exchange’s main index gained 215.16 points or 0.23% on Wednesday to end trading at 95,445.1.
About 849 million shares valued at $45.80 million changed hands at TSE for the…
A senior member of Majlis Article 90 Commission presented the latest report on the state of non-performing loans of Iran's banking system in Tuesday's open session, which painted a highly…
Premium rates on travel insurance have increased by as much as 25% on the back of a recent slide in rial’s value against the dollar. While the insurance industry receives dollar at the rate of…
Two days after the Central Bank of Iran issued a statement against the recent blacklisting of its governor, the Ministry of Economic and Finance Affairs has made a similar move, calling the…
As lawmakers discussed the amendment bill related to Iran’s Law of Combating the Financing of Terrorism, disagreements over certain issues, including the definition of terrorism and support for…
Iran nuclear deal seems to be on life-support these days, as the United States has unilaterally pulled out of the accord and other signatories are making frantic efforts to hold the deal…
Subsidiaries of National Iranian Copper Industries Company produced 107,795 tons of copper concentrate in the last fiscal year (March, 2017-18), registering a 15% growth year-on-year.…
With a reputation of a slow-working institution that only gets its act together in face of an urgent crisis, the speedy reaction of the EU to preserve the nuclear deal with Iran and protect the…
Tehran Stock Exchange’s main index gained 2.53 points on Tuesday to end trading at 95,229.9, registering a slight change compared to the day before.
About 645 million shares valued at $…
For the first time after the government decided to unify the US dollar's exchange rate more than a month ago, the Central Bank of Iran has allowed for a minor increase in its rate.
Efforts are underway to unblock some bank accounts belonging to Iranian nationals recently frozen by the Georgian government, the head of Iran-Georgia Chamber of Commerce said. “We raised the…
The Central Bank of Iran on Sunday officially condemned the sanctioning of its governor and one of its former officials by the US as a move showing “contempt for international norms”.
The idea of tapping into the reserves of the National Development Fund of Iran to empower the country’s main initiative aimed at supporting first-time homebuyers and other housing applicants has…
While American President Donald Trump has withdrawn from the Iran nuclear agreement and imposed economic sanctions on the country, several European and Asian nations have announced that they…
