More than 9.5 million tons of commodities were transited through Iran from the beginning of the current Iranian year on March 21, 2017, to March 1, 2018.
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.
The capital market’s last days of the current fiscal year (ending March 20) are usually the busiest in terms of block sales, and this year is no exception.
Banks, mining companies and…
Since the launch of the gold coin presale by the Central Bank of Iran on Feb. 17 to cool the market, some 600,000 coins worth 8 trillion rials($175 million) have been sold, the head of Banknote…
The Central Bank of Iran has prepared a set of policies for the monetary and foreign exchange markets, which will act as a blueprint for regulating these markets, the bank's deputy governor…
The Central Bank of Iran’s next regulatory framework document for fintechs dealing with personal finance and account information management will be publicly disclosed early next fiscal year that…
The 57th annual general meeting of the Central Bank of Iran was chaired by President Hassan Rouhani on Sunday, at which the president spoke of economic achievements during his tenure and what is…
Germany’s Stiftung Bildung and Handwerk (Education and Craft Foundation) signed a memorandum of understanding with the Technical and Vocational Training Organization and Iran Chamber of Commerce…
The government successfully sold its shares in Alborz Insurance Company on Saturday to a consortium made up of pension funds and an investment company.
The number of Iranian art galleries has been rising in recent years, a member of the Faculty of Art and Architecture of Islamic Azad University said.
In an exclusive interview with…
Close to 79.2 million tons of commodities were loaded and unloaded in Hormozgan Province’s Shahid Rajaee Port during the first 11 months of the current Iranian year (March 21, 2017-Feb. 19),…
Tehran Stock Exchange’s main index lost 34.39 points or 0.04% to end Sunday trade at 97,354.3.
About 1.36 billion shares valued at $58.78 million changed hands at TSE for the day.
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The Central Bank of Iran is working to fulfill the longstanding pledge of unifying the dual foreign exchange rates, despite recent volatility that unsettled the currency market.
The controversial and pending case of illegal credit institutions in Iran has seemingly prompted the administration to make a U-turn regarding its previous scheme to rate certified financial…
Iran’s high-ranking political and economic delegation, headed by Foreign Minister Mohammad Javad Zarif, completed the last leg of its East Europe tour on Saturday after focusing on resolving…
Director of Resistance Economy Commission of the parliament has called on President Hassan Rouhani to increase the ceiling of loans for purchasing and renovating rural homes to 300 million rials…
Iranian airports registered 451,000 takeoffs and landings in 2017, which shows an 8% rise compared to 2016. Over 56 million passengers and 549,000 tons of cargo were transported last year,…
Major Iranian steelmakers had a good run during the first 11 months of the current fiscal year (March 21-Feb. 19), as they unanimously posted double and some even triple-digit growth in their…
In recent years, the financial industry has seen fast-growing adoption of financial technology, or fintech. Considerable investment flows are expected to be placed into the sector, which has…
Tehran Stock Exchange’s main index lost 572.99 points or 0.58% to end Saturday trade at 97,388.7.
About 2.41 billion shares valued at $125.54 million changed hands at TSE for the day.…
Fluctuations in the currency market had caused a price hike in Iran's already beleaguered housing sector, but even though foreign exchange rates have currently cooled down, they are expected to…
The new directive, which bans the use of the US dollar in import order registrations by Iranian traders, serves the double purpose of sidelining the US dollar and curbing the volatility that…
Data from the Central Insurance of Iran indicate that the country’s insurance industry has been boosting its profits and reducing its loss ratio for the past 10 years when it comes to covering…
The Central Bank of Iran announced on Friday that all certified currency-trading offices not affiliated with any bank will also be connected to its newly-established Forex Deals Integrated…
President Hassan Rouhani inaugurated Iran’s first hot briquetted iron production plant in the southern province of Hormozgan late Wednesday. Hot briquetted iron is a relatively new product,…
Iranian steel mills produced 1.98 million tons of steel in the first month of 2018, up 25.9% compared to last year’s similar period, according to the latest report released by World Steel…
