Money supply reached 13.9 quadrillion rials ($312.35 billion) in the second quarter of the current Iranian year to Sept. 22, 2017, marking a growth of 10.9% compared with the same period of last…
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.
A delegation from Kyrgyzstan’s Ministry of Health visited Iran last Sunday within the framework of a memorandum of understanding on joint cooperation in the field of healthcare, medicine and…
Iran warned on Wednesday that its multibillion dollar deals for Airbus planes had been thrown into doubt by US President Donald Trump's attacks on the nuclear deal.
The 14th session of Iran-Belarus Economic Commission will be held in Tehran on January 22-23, a spokesman for the Belarusian Ministry of Foreign Affairs, Dmitry Mironchik, told a press briefing…
With the shadow of political risks receding, investors went back to cashing in on rising global commodity prices and stocks kept growing after weeks of lackluster trade.
Tehran Stock…
The US dollar made new gains against the rial on Wednesday, but stopped short of crossing another psychological barrier. The rial was quoted at 44,400 to the dollar in Tehran’s open market,…
With the next plenary meeting of the intergovernmental Financial Action Task Force in sight, which will also rule on Iran’s cooperation with the anti-money laundering body, the country could…
Bank Maskan, as the country’s only specialized lender in the housing sector, will be supported by the Iranian government, particularly the Ministry of Roads and Urban Development and the…
The services sector has received the biggest share of all bank credits allocated in the first nine months of the current fiscal year to Dec. 21, the latest data published by the Central Bank of…
Getting a share of foreign credit lines is easier for private-sector companies as, unlike state projects, they do not require a license from the Economy Council, said the Central Bank of Iran’s…
Iran Airports Company registered 38,343 takeoffs and landings in the Iranian month ending Dec. 22, which shows a 13% rise compared with last year’s corresponding period.
Close to 4.8…
The export price index for the ninth month of the Iranian calendar (Nov. 22-Dec. 21) stood at 285.9, registering a 3.4% increase compared to the preceding month and a 12.1% rise compared with…
To cover its widening budget deficit of 395.4 trillion rials ($8.98 billion) in the first eight months of the current fiscal year (March 21-Nov. 21), the government had to issue 106% more bonds…
Tehran Stock Exchange’s main index gained 326.63 points or 0.33% to end Wednesday trade at 98,923.5.
About 1.2 billion shares valued at $71.02 million changed hands at TSE for the day.…
Iranian iron ore miners experienced a good year in 2017, as they became the sixth largest supplier of the material to China by shipping about 22 million tons to the world’s largest importer of…
Iran exported more than $3.03 billion worth of goods to South Korea during the nine months to Dec. 21, 2017, registering a 36% and 30% growth respectively compared with the corresponding period…
Iran’s semi-finished steel exports during the first nine months of the current fiscal year (March 21-Dec. 21) stood at 4.61 million tons, marking a rise of 80% year-on-year, the Iranian Steel…
The Majlis Joint Commission has allowed the government to gradually remove 33 million people from the list of cash subsidy recipients in the next fiscal (March 2017-18).
A lawmaker said…
Tehran Stock Exchange’s main index gained 652.93 points or 0.67% to end Tuesday trade at 98,596.9.
About one billion shares valued at $49.90 million changed hands at TSE for the day.…
Iran Privatization Organization, the state-run entity overseeing the sale of state-owned companies, plans to divest the remaining stake of the government in major privatized lenders and thereby…
The volume of investments made by the private sector in Tehran’s ailing housing sector in the first half of the current fiscal year to Sept. 22 has registered a 34.8% increase compared…
Iran’s Seventh Conference on E-Banking and Payment Systems will commence on Jan. 22 at Tehran’s Milad Tower and focus on innovation, new players in the electronic banking market and banks’ new…
The life insurance portfolio of insurers and its potentials have improved, in light of the number of people currently benefitting from its coverage, the head of the Central Insurance of Iran,…
Bank Sepah’s capital base has increased by 740% in the past two years, which led to the bank’s capital adequacy ratio (CAR) to hit 10.5% from a low of 2% during the sanctions, which have now…
In the latest meeting of President Hassan Rouhani’s Cabinet on Sunday, the Ministry of Economic Affairs and Finance was officially given the go-ahead to guarantee the recent foreign finance deal…
