Facilities allocated to Iran's housing sector during the first quarter of the current fiscal year to June 21 increased both in terms of volume and value, the central bank's data show.
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>
As the negative consequences of the government’s policy in enacting a single exchange rate for the US dollar are becoming clearer, report from local media suggest that the government is finally…
Residential deals in Tehran cooled in mid-summer but prices continued on their rising trajectory, the latest data released by the Central Bank of Iran show.
A third unofficial foreign exchange market has emerged, despite the government's efforts to prevent the turbulent currency market from spiraling out of control, a lawmaker warned.
Abdolnasser Hemmati, the newly-appointed governor of the Central Bank of Iran, has in his first comments as the country's top monetary policymaker pledged to promote the country's economic…
With the reimposition of US sanctions on Iran expected to come into effect in autumn, plans by the European Union to protect companies still trading with Tehran from being penalized by…
The 4.3% economic growth for Iran confirmed by the International Monetary Fund in its April report is thanks to the allocation of 190 trillion rials ($4.41 billion) in loans to the manufacturing…
Investors took a wait-and-see approach last week at the stock market, as political tensions escalated between Iran and the United States, with the first wave of sanctions against the Islamic…
A total of 585,906 cases of theft were reported in the fiscal 2016-17, registering a rise of 7% compared with five years before, the Statistical Center of Iran said. The nationwide rate was one…
The Oesterreichische Kontrollbank AG (OeKB) will issue guarantees for the overwhelming majority share of Iran-Austria trade, the president of Vienna Economic Chamber has said.
The Cabinet on Wednesday agreed to appoint Abdolnasser Hemmati as the new governor of the Central Bank of Iran, a move widely seen as the first step in the widely expected reshuffle of President…
Iran’s Ministry of Roads and Urban Development is pursuing a change in the way home rent contracts are devised to curb skyrocketing rents and provide a helping hand to frustrated tenants that…
The Majlis Economic Commission criticized the government’s poor handling of a crisis that hit the hard currency market in April and stressed the need for measures to boost the Secondary Forex…
According to data released by Financial Information Processing of Iran, the 214 investment funds in Iran’s capital market posted an average return of -0.08% during the fourth month of the…
Esfahan Steel Company has produced the second batch of rails to be delivered to the Islamic Republic of Iran Railways.
The batch contains 1,000 tons of U33 rails as part of ESCO's…
Tehran Stock Exchange’s main index gained 404.11 points or 0.37% on Wednesday to end trading at 108,800.
About 2.45 billion shares valued at $79.71 million changed hands at TSE for the…
Iran’s Social Security Organization does not abide by the law and it has caused numerous problems for different businesses, said representatives of the private sector in the 19th session of…
Tehran’s construction material price index hit 250.8 over last spring, registering a 12.4% increase from the previous quarter and a 27.3% growth compared with the same period of last year, the…
Iran's in-the-works national cryptocurrency, which is expected to be unveiled soon, will in its first operational phase solely focus on clearing limited bank transactions, a top advisor to the…
Iran’s sovereign wealth fund deposited a total of 14 trillion rials ($320 million) with six agent banks in the first four months of the current fiscal year (ended July 21) for the lenders to…
The contract signed by Saman Insurance Company with Munich Re last year is still binding, despite new developments in the wake of the US pullout from the Iran nuclear deal, the company’s CEO…
Tehran Stock Exchange’s main index lost 263.05 points or 0.24% on Tuesday to end trading at 108,395.9.
About 1.11 billion shares valued at $61.90 million changed hands at TSE for the day…
Minister of Cooperatives, Labor and Social Welfare Ali Rabiei said a total of 43 medical centers are under construction in Iran while studies are being carried out to soon build 58 more. …
Iran plans to use Turkmenistan-bound wagons to facilitate cement exports to Central Asia, especially Uzbekistan, an official with the Islamic Republic of Iran Railways said.
The new regulation regarding the establishment of pharmacies has invited a wide array of criticism, as it allows a decrease in the number of active doctor’s offices required for the…
