Iran’s largest holding, the financially troubled Social Security Investment Company, also known by its Persian acronym Shasta, has called on the government to help finance several…
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.
Flat steel import trade in Iran has been almost non-existent in the past several weeks, because of currency exchange rate issues.
One of the major concerns for traders selling material…
A senior lawmaker announced that a pending legislation for implementing Iran’s action plan set by the Financial Action Task Force will be approved by late September.
More than 1.75 billion transactions worth more than 1.91 quadrillion rials ($45.47 billion) were registered by Shaparak, Iran’s payment settlement network, in the final month of the previous…
For preventing speculative activities in Iran’s currency market and supporting authorized bureaux de change, 80 uncertified money exchange shops have been closed in the past six days while…
Tehran Stock Exchange’s main index gained 1.19 points on Wednesday compared to the day before to end trade at 95,523.9.
About 426 million shares valued at $26.04 million changed hands at…
The 25th International Exhibition of Detergent, Cleanser, Hygienic Cellulose Products and Machinery, also known as “Iran Beauty and Clean 97”, is scheduled to open at Tehran’s International…
Iran Air, the country’s flag carrier, will take delivery of 14 brand-new airplanes, include three Airbus jets, three Boeing jets in addition to eight ATR turboprops, by the end of 2018, if it…
Iran’s agricultural and food exports amounted to around 6.13 million tons worth $5.93 billion in the last Iranian year (March 2017-18), registering a 5% and 4% growth in weight and value…
The Sixth International Conference on Powder Metallurgy for Automotive Parts, also known as PM Auto 2018 concluded in Isfahan Province on Wednesday. The two-day conference was jointly held by…
China’s Shandong Linglong Tire Company (Linglong) is reportedly hesitant about going ahead with a previously announced contract to supply technology to a greenfield tire plant in southeastern…
President Hassan Rouhani's administration on Wednesday officially discarded the US dollar as its currency of choice for financial reporting and opted for the euro.
Currently, about 700 licensed money exchange shops are active throughout Iran and each of them has entered the market with a minimum capital of 40 billion rials ($953,000), the head of the…
The Majlis Economic Commission said on Tuesday that it fundamentally agrees with the government's recent measures to control the foreign exchange market, although some of the executive decisions…
An entity established by Iran's private sector for attracting foreign investments mainly by identifying and introducing feasible projects has begun its work in earnest in recent months.
Iran and Turkey have started implementing a deal finalized by the two neighboring countries last year to use their national currencies in mutual trade with the first letter of credit being…
Tehran Stock Exchange’s main index gained 16.53 points or 0.2% on Tuesday compared to the day before to end trade at 95,522.7.
About 523 million shares valued at $32.68 million changed…
Despite an acute water crisis, the Iranian government is striving to maintain the quantity and quality of its agricultural products at levels that sufficiently meet—at least with regard to…
Iran’s non-oil trade with the UAE hit $16.83 billion in the last fiscal year (ended March 20, 2018), registering a 21.18% rise compared to the year before, Islamic Republic of Iran Customs…
In a continuing strategy of exploring previously untapped markets, Turku-based hamburger restaurant chain Hesburger opened a new outlet in Iran’s capital city Tehran on Friday.
All of Iran's payment systems and networks registered annual growths both in terms of number and volume of transactions in the previous fiscal year that ended on March 20, the chief executive of…
Finex 2018, the biggest financial sector exhibition in the Middle East, opened on Monday at Tehran’s International Fairground to host a wide array of businesses, officials and potential…
The governor of the Central Bank of Iran emphasized the role of moneychangers in the foreign exchange market, saying that the regulator is not seeking to remove them from the Iranian economy.
Iran capital market’s trade value reached 2.47 quadrillion rials ($58.8 billion) in the last fiscal year (ended March 20, 2018), growing 26.6% compared to the year before, the head of Securities…
Qatar plans to invest in the development of southern ports of Iran to help expand economic cooperation and increase bilateral trade, the director of Qatar Ports Management Company said at a…
