The Central Bank of Iran, as the current chairman of the Islamic Financial Services Board, presented the board’s performance report in the 31st meeting of the IFSB Council held in Kuala Lumpur…
Business And Markets
<p>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.</p>
Iranian imports of palm oil have risen 36.42% in terms of value during the eight months to Nov. 21 compared with the same period of last year. According to official figures, 335,290 tons…
World-famous Italian exhibition organizer BolognaFiere and Iran International Exhibitions Company have renewed cooperation agreement for 2018.
As BolognaFiere reported on its website,…
Tehran Stock Exchange’s main index gained 654.80 points or 0.71% on Wednesday to close trading at an all-time high of 93,283.7.
About 1.74 billion shares valued at $111.5 million changed…
Saeed Reza Nasrfard-Jahromi was appointed the new managing director of Kish Airlines. He was the managing director of Pars Airlines and deputy head of Iran Air Tours and is currently the PhD…
The government will issue 260 trillion rials ($6 billion) worth of Islamic bonds (sukuk) in the next fiscal year (starting March 21, 2018) to fund its incomplete projects, according to the new…
Khouzestan Steel Company has set a record in exports by shipping over 1.92 million tons of steel products in the current fiscal year (started March 21), the company's manager said.
KSC,…
Khuzestan Kaveh Aluminium Company was inaugurated by First Vice President Esh’aq Jahangiri on Tuesday. Located in Masjed Soleyman County of Khuzestan Province, KALCO is capable of producing 11,…
Tehran Stock Exchange’s main index gained 1,706.50 points or 1.18% on Tuesday to close trading at an all-time high of 92,628.9.
About 1.26 billion shares valued at $74.12 million changed…
Dilmah Tea, the world-renowned producer-owned tea brand, officially launched its latest signature t-Lounge by Dilmah at Tehran’s Sam Center on December 6.
This is the first of three tea…
Tehran Stock Exchange's main index broke above the 92,000 level on Tuesday and recorded a new all-time high, jumping back into the fast growth lane after a few days of slow movements.
Governor of the Central Bank of Iran Valiollah Seif tamped down worries about the surging exchange rate for the US dollar on Tuesday, stressing that the surging exchange rate for the US dollar…
Home prices in Iran are bound to jump if the US dollar’s rally against the rial were to continue in the domestic market, the newly-elected head of the Tehran Association of Realtors announced.…
Islamic Development Bank, the Jeddah-based multilateral development financing institution devoted to lending a hand to its 57 Muslim member states in fostering economic development and…
A delegation from the International Monetary Fund met with officials from the National Development Fund of Iran on Saturday.
Ahead of the publication of the Global Corruption Report by Transparency International, the Tehran Chamber of Commerce, Industries, Mines and Agriculture organized its annual anti-corruption…
Iran’s agent bank of the housing sector has notified the Central Bank of Iran that it is ready to start the second phase of issuing mortgage-backed securities on a significantly larger scale, as…
More than 9.6 million checks worth more than 615 trillion rials ($14.5 billion) were transacted during the eighth Iranian month of Aban (ended Nov. 21), of which 1.5 million checks worth 138…
According to the latest statistics, currently 2.5 million residential units across the country are vacant, the head of the National Land and Housing Organization of Iran announced. Hamid Reza…
The municipalities of Iranian metropolises are allowed to issue up to 80 trillion rials ($1.9 billion) of bonds in the next fiscal year (started March 21) based on the new budget bill presented…
Major Iranian mining companies produced 228.32 million tons of different mineral products during the first eight months of the current fiscal year (March 21-Nov. 21), registering an 11% growth…
More than 3 million square meters of handmade carpets are annually woven in Iran, two-thirds of which are exported and the rest is used to meet the domestic demand, the head of Iran National…
The significant rise in departure tax stipulated in the budget bill for the coming fiscal (March 2018-19) has sparked a social media frenzy in Iran. As per the budget bill submitted by President…
Tehran Stock Exchange’s main index gained 353.50 points or 0.39% to end Monday trade at 91,552.4.
About 1.17 billion shares valued at $74.42 million changed hands for the day.
…
As a part of government’s plan to boost small- and medium-sized enterprises through the allocation of credit, since the beginning of the current Iranian fiscal on March 21, Iranian banks have…
