The Monetary and Banking Research Institute, affiliated with the Central Bank of Iran, has in the works a new plan to exert constant supervision over the performance of banks in terms of…
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>
Tehran Chamber of Commerce, Industries, Mines and Agriculture, as a leading private sector entity, on Monday announced the annual Amin al-Zarb awards and decided to present the entrepreneurship…
The new CEO of Tejarat Bank has announced that the privatized bank’s new policies are aimed at improving its financial statements.
“Offering new and high quality foreign exchange…
In the wake of an Iranian oil tanker's collision in East China Sea, Iranian insurers are to compensate 30% of the costs while the rest would be covered by a Norwegian firm, the president of the…
The government earned more than 4.72 trillion rials (over $109 million) in mining royalties–a percentage of miner’s sales profit–during the first seven months of the current Iranian year (March…
A total of 3,321 new jobs were created in Iran’s mining sector during the seven months to Oct. 22, 2017, indicating a 158% rise compared with the corresponding period of the previous year, data…
Major Iranian steelmakers exported 5.11 million tons of semi-finished and finished steel products during the first nine months of the current fiscal year (March 21-Dec. 21), registering a 26%…
The Central Securities Depository of Iran issued 200 trading codes for foreign investors in 2017, the deputy head of CSDI, Fariba Akhavan, announced.
Iran Combine Manufacturing Company has exported about half a million dollars worth of agricultural machinery since the beginning of the current Iranian year (started March 21, 2017), the company…
Tehran Stock Exchange’s main index added 15.80 points or 0.02% to end Monday trade at 77,590.5.
As many as 550 million shares valued at $35.4 million changed hands for the day.
Iran…
The government is planning to commission Khouzestan Steel Company to produce rails, a member of Majlis Development Commission, Eghbal Mohammadian.
Khouzestan Steel Company is the biggest…
Iran will have reduced its cigarette imports from four billion to two billion before the end of the current Iranian year (March 20, 2018).
The scheme to levy taxes on bank deposit interest has come to the fore again, with a senior official at the Central Bank of Iran saying that under the current circumstances, an interest income…
Banks need to work closely with financial technology firms, which would foster job growth, the head of the Association of Public-Sector Banks and CEO of Bank Melli Iran said. Mohammad Reza…
The entry of new banks in the housing sector–formerly monopolized by Bank Maskan–will foster competition and lower mortgage rates, a member of Majlis Development Commission said.
“It is…
In line with the government’s measures for boosting transparency and fighting corruption, Minister of Economic Affairs and Finance Masoud Karbasian has obligated all the ministry’s agencies –…
A total of 2,530 cooperatives, which created 39,952 jobs, were formed in Iran with an investment of 494.34 billion rials ($11.43 million) over the nine months to Dec. 21, the Ministry of…
Tehran Stock Exchange’s main index lost 35.76 points or 0.04% to end Sunday trade at 96,234.5.
About 709 million shares valued at $37.75 million changed hands at TSE for the day.
…
Director General of Kish Free Zone Organization Ebrahim Ansari Lari reviewed economic and banking cooperation with Omani officials.
In his two-day visit to Oman, Lari held meetings with…
Iran exported more than 48.66 million tons of mineral products worth over $6.85 billion during the first nine months of the current fiscal year (March 21-Dec. 21), registering a 1% and 3% growth…
Hormozgan Steel Company plans to double its slab output capacity to 3 million tons per year, the company’s manager said. The steelmaker also expects to produce 1.5 million tons of the material…
As the banking woes of Iranians in China now include restrictions on companies, the head of Tehran Chamber of Commerce, Industries, Mines and Agriculture has announced an upcoming visit between…
Close to two years after the Joint Comprehensive Plan of Action was signed, the Iranian banking system has regained the lost ground and established 808 correspondent banking relations with 286…
A senior member at Iran's biggest bank has come out in favor of cryptocurrencies and called for them to be recognized and widely accepted in the banking system.
A decline in foreign exchange rates and diminished demand has caused a drop of about 700,000 rials ($16.2) in the price of Bahar Azadi gold coin, meaning that gold coin prices have “balanced”…
