Rents for residential units will increase at the same rate as the inflation rate that is currently hovering around 10% in the next fiscal year (starting March 20), the head of Tehran Association…
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.
Economy Minister Masoud Karbasian said over 70% of the divestitures during the tenure of President Hassan Rouhani have gone to the real private sector as opposed to the previous administration…
The total volume of liquidity was more than 14.63 quadrillion rials ($325.62 billion) by the end of the 10th Iranian month to Jan. 20, the Central Bank of Iran announced.
After it was confirmed during President Hassan Rouhani’s recent trip to India that Iran’s Bank Pasargad, one of three banks seeking to open branches there, has finally received the green light,…
As part of their latest open session on Sunday to discuss the fiscal 2018-19 budget bill, members of parliament designated the areas where resources from the National Development Fund of Iran…
The government is set to clear part of its debt to Social Security Organization by issuing up to 50 trillion rials ($1.1 billion) of debt securities, the first batch of which was issued on the…
Tehran is hosting an Indian exhibition called ‘Source India’ that opened at Milad Tower on Saturday and will conclude on Monday.
The Central Bank of Iran has released its latest data on the country's interbank market, indicating that it has registered growth both in terms of the number and value of deals.
News about Iran striving to launch its own virtual currency garnered mixed reactions and raised a number of questions, namely about the potential uses of the currency and the government’s role…
Iran has endeavored for years to devise the right set of conditions to facilitate the entry of foreign financial institutions in its free trade zones and those efforts only intensified following…
Twelve delegates from Iranian banks completed a two-day workshop organized by the International Compliance Association to receive the internationally-recognized ICA Certificate in Compliance in…
A quartet of major regulatory bodies will form a task force to resolve the controversy surrounding banks' financial statements, secretary of the Association of Private Banks and Credit…
A hot mix asphalt production plant has been established in Qazvin Province’s Alamut region, Managing Director of Qazvin Roads and Urban Development Organization Masoud Haqlotfi said. The plant,…
Major Iranian mining companies produced an aggregate of 317.94 million tons of ores and mineral products during the first 11 months of the current fiscal year (March 21, 2017-Feb. 19),…
Tehran Stock Exchange’s main index lost 265.78 points or 0.27% to end Saturday trade at 96,594.5.
About 686 million shares valued at $38.89 million changed hands at TSE for the day.
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Who’s for a trade war? Apparently no one, except US President Donald Trump.
His impromptu announcement last week of slapping tariffs on steel and aluminum imports set off worried…
Iran is ready to allocate a credit line amounting to $3 billion to Iraq for rebuilding the war-ravaged areas of the neighboring country, Iran's first vice president has announced.
An Indian bank has received the authorization of the Reserve Bank of India–the country’ central banking institution–to invest in Iran in rupees as part of the initiative by the Asian…
President Hassan Rouhani has ordered the National Development Fund of Iran to prepare a plan to attract foreign investments, according to a board member of the fund who also referred to measures…
Iran’s insurance industry has so far paid out about 1.1 trillion rials ($24.55 million) in claims resulting from the 7.2 magnitude earthquake that shook the western province of Kermanshah and…
An official with the Ministry of Cooperatives, Labor and Social Welfare said workplace accidents in Iran have claimed the lives of 790 people so far in the current fiscal year (March 2017-18). “…
The spell is finally broken, as Iranian Privatization Organization has sold two controlling stakes in Esfahan Steel Company and Iran Aluminum Company following several unsuccessful attempts.…
Bears are dominating the equity market in the dying days of winter.
One could argue that it’s always like this, as the fiscal year draws to a close, but this year has been more…
Iranian President Hassan Rouhani’s recent visit to India made news for all the right reasons.
The Feb. 15-17 tour, his first state visit to India, revolved around furthering economic…
Deutsche Messe brings its woodworking industry expertise to Iran.
MEDEX–the international trade fair for woodworking and wood processing, materials, accessories, furniture and laminate…
