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August 04,2018
The Central Bank of Iran has established an exclusive online system to allocate foreign currencies at cheap government rates to innovative and knowledge-based firms in collaboration with the...
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August 04,2018
Members of Majlis Economic Commission have commenced the process of reviewing articles of the Majlis motion to undertake long-awaited reforms in Iran's banking system and bestow the central bank...
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August 04,2018
Tehran Stock Exchange’s main index gained 401.50 points or 0.32% on Saturday to end trading at 124,352.8.
About 1.95 billion shares valued at $168.86 million changed hands at TSE for the day....
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August 03,2018
After weeks of tepid performance, a wave of good news regarding changes in the government's foreign exchange policy heaved stocks to heights never seen before.
Overall, TSE's all-share index...
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August 03,2018
Following US President Donald Trump’s May 8 decision to withdraw from the Joint Comprehensive Plan...
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August 03,2018
As Iran continues to battle a currency crisis mainly brought about by expectations of worsening international ties because of the reimposition of US sanctions, the country’s housing market has...
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August 03,2018
Iran’s intelligence forces disbanded a criminal ring on Thursday involved in foreign currency and gold smuggling. Coordinated security operations across the northwestern province of West Azarbaijan...
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August 03,2018
Minister of Industries, Mining and Trade Mohammad Shariatmadari is scheduled to inaugurate Iran’s first iron ore beneficiation plant in Kerman Province on Saturday, his deputy Masoud Karbasian...
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August 03,2018
Prices in the Iranian semi-finished steel export market decreased somewhat in the week ended...
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August 03,2018
The government's new package to salvage the volatile currency market agrees with the lawmakers' own plans for strengthening the rial, the chairman of Majlis Economic Commission said.
Mohammad...
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August 03,2018
Germany’s central bank, Bundesbank, has revised its regulations to stop Iran from withdrawing €320 million ($400 million) in cash from the country’s bank accounts.
Under the new conditions,...
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August 01,2018
A new report by Tehran Chamber of Commerce, Industries, Mines and Agriculture highlights the fact that Iran’s banks and credit institutions have too many branches compared to both international and...
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August 01,2018
Iran Development Bank will be established in the foreseeable future to meet the country's production and manufacturing needs and foster job creation and thwart the fallout of the reimposition of US...
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August 01,2018
Photos of at least six brand new ATR 72-600 turboprops made for Iran in the vicinity of Toulouse-Blagnac Airport have surfaced on aviation media outlets in recent days, raising hopes for the...
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August 01,2018
Tehran Stock Exchange saw 55,000 trading codes issued for new investors during the first four months of the current fiscal year (March 21-July 22), TSE’s managing director said. “The number of new...
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August 01,2018
As markets await the government’s new foreign exchange plan to combat the intense volatility, speculation about the contents of the package abounds.
Mohammad Reza Pour-Ebrahimi, chairman of...
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August 01,2018
Iran’s payment industry is beset by unhealthy competition between payment service providers and the fallout of a volatile foreign currency market, the managing director of Fanava Card Company said...
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August 01,2018
Tehran Stock Exchange’s main index gained 2,777.76 points or 2.29% on Wednesday to end trading at 123,951.3.
About 2.13 billion shares valued at $171.87 million changed hands at TSE for the day....
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August 01,2018
A major Indian producer of beauty products Emami Group is set to enter Iran and scout for...
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July 31,2018
Westminster Group PLC has made progress in implementing the contract for supplying security equipment at an airport in Iran. The $24 million contract was put on hold following the US withdrawal...
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July 31,2018
Exports by the Islamic Revolution Mostazafan Foundation hit nearly $900 million (including revenues from tourism industry) in the last fiscal year (March 2017-18), registering a 45% rise compared...
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July 31,2018
Stocks extended their four-day rally on Tuesday, as both Tehran Stock Exchange and Iran Fara Bourse registered their highest-ever single day growth.
TSE's main index TEDPIX surged 4,414.07 points...
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July 31,2018
Iran's sovereign wealth fund entrusted $15 billion in foreign currency resources to state-run and private banks in the first four months of the current fiscal year (March 21-July 22).
The latest...
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July 31,2018
Foreign exchange rates in Tehran's unofficial market declined in a sign that the bull run has slowed, following the Central Bank of Iran's announcement that it will soon unveil a package of new...
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July 31,2018
Some 4,600 industrial units are under construction in industrial parks across the country.
“These projects have made 70% progress on average,” Deputy Industries Minister Sadeq Najafi was quoted as...