Business And Markets

Close to 40 billion cigarettes were produced in Iran during the first 10 months of the current Iranian year (started March 21, 2017), registering a 12% increase compared with last year’s…

Iran Privatization Organization plans to sell 5 trillion shares in public companies to the private sector during the remaining two months of the current fiscal year (Jan. 21-March 20), the…

The resumption of rice imports by Iran could give a fillip to India’s basmati shipments that have risen by about a fourth in rupee terms in the first eight months of the current fiscal year (…

Full-service stock brokerage industry in Iran’s capital market has recently come under pressure.

There are mostly two main key drivers for this: regulatory compliance and ongoing quest…

After weeks of speculation about the banking problems of Iranian students and businesses in China, which ranged from difficulties in conducting transactions to the total closure of accounts, a…

The Central Bank of Iran recently revoked the licenses of eight credit cooperatives. According to the latest update in the list of these financial institutions with the monetary regulator, the…

The Iranian insurance industry issued 42.7 million insurance policies in the first nine months of the current fiscal year to Dec. 21, 2017, which indicate an increase of 20%, the head of the…

The second iteration of the annual Digital Transformation Awards, aimed at recognizing the best companies that improved their business models by way of digital progress, on Tuesday honored a…

Tehran Stock Exchange’s main index lost 488.23 points or 0.49% to end Tuesday trade at 98,557.9.

About 584 million shares valued at $31.96 million changed hands at TSE for the day.

Non-oil trade between Iran and Oman during the first nine months of the current Iranian year (March 21-Dec. 21, 2017) amounted to more than 1.33 million tons worth $393 million, registering a 24…

The budget allocated to cash subsidy payments in the next fiscal year (starting March 21) has increased by 70 trillion rials ($1.55 billion) to reach 300 trillion rials ($6.66 billion) after…

Iran’s iron ore giant Golgohar Mining and Industrial Complex plans to issue 3 million Islamic bonds worth 3 trillion rials (about $66 million) next week to finance the purchase of ore…

Tehran Stock Exchange is scheduled to witness a heated competition today, as a 15.85% controlling stake in Iran’s largest automaker is being put up for sale. Rumors about potential buyers are…

Upon the completion of “the Comprehensive Taxation Plan”, paper will be eliminated from all taxation procedures, Minister of Economic Affairs and Finance Masoud Karbasian announced. Digitization…

Employing the potentials of the capital market and leasing facilities will be two of the new approaches of Bank Maskan, the agent bank of the housing sector, in the next fiscal year (starting…

The governor of the Central Bank of Iran on Monday met with the ambassador of Switzerland in Tehran to discuss improvements in the banking system and the possibility of Iranian lenders opening…

First Vice President Es'haq Jahangiri has officially ordered three Cabinet members to devise a spending plan for the $12 billion foreign finance finalized in the post-sanctions era by…

After surging against the rial in early trade, the greenback lost momentum on Monday in what would be a win for the Central Bank of Iran’s policy of preventing the further depreciation of rial…

Iranian steelmakers exported 6.37 million tons of semi-finished and finished steel worth $2.34 billion in the first nine months of the current fiscal year (March 21-Dec. 21) to 15 countries.…

Tehran Stock Exchange’s main index lost 368.38 points or 0.37% to end Monday trade at 99,046.1.

About 953 million shares valued at $56.57 million changed hands at TSE for the day.

Iran exported about 7,500 tons of tea worth $11.3 million during the first eight months of the current Iranian year (March 21-Nov. 21, 2017), registering a 6% decline in weight but an 8.6% rise…

Bandar Imam Petrochemical Company started selling 4 trillion rials ($88 million) worth of standard parallel salaf contracts for liquefied petroleum gas on Iran Energy Exchange on Monday.

The Eighth Iranian Steel Market Conference, aka ISMC 2018, opens in Tehran today. The annual two-day event is scheduled to be held at the Islamic Republic of Iran Broadcasting Conference Center…

As the 50th anniversary of Iran’s capital market was being celebrated with much fanfare at the Iran International Conference Center on Sunday, an unlikely guest appeared on the stage to herald…

Two days after the Central Bank of Iran published a directive that makes end-to-end encryption mandatory for card not present transactions, banking industry players have apparently welcomed it…