The Central Bank of Iran plans to step up its fight against money laundering and terrorism financing to meet Financial Action Task Force’s standards, a CBI official said on Tuesday.
FATF is…
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>
Bank Tejarat and the Iranian Gas Transmission Company have signed a memorandum of understanding to upgrade bilateral cooperation. Bank Tejarat agreed on Monday to open letters of credit and…
Despite efforts by banking officials to help legalize leasing by banks in the housing market, no official permission has yet been issued, a top banking manager said.
"Negotiations with…
Governor of the Central Bank of Iran Valiollah Seif said in his first comments on the controversy surrounding the revised tax law that there is a “serious commitment” on the part of CBI to prevent…
As falling gold prices continue to fuel strong buying interest, a Qatar-based bank is building up its gold supply to meet increased consumer appetite for the yellow metal.
The nuclear deal that the US and Europe signed with Iran on July 14 could slowly phase out many economic sanctions, finally allowing western companies to sell their wares in the country and…
The potential of Belarus-Iran economic relations is still untapped, Vice Speaker of the House of Representatives of the National Assembly of Belarus Viktor Guminsky said, as he met with head of…
Last year the Ministry of Agricultural Jihad enforced the ban on fruit imports to support domestic production.
South Korea is hoping to boost cooperation with Iran’s steel sector, as the domestic construction sector picks up following the lifting of economic sections.
Tehran Stock Exchange witnessed a fresh rout on Tuesday with the overall index shedding 454.3 points or 0.7% to end at 64,197.3. This is TEDPIX’s third consecutive day in red.
More than 210,000 tons of commodities of 40 suppliers were offered on Iran Mercantile Exchange’s trading floors on Tuesday, IME reported.
The Ministry of Industries, Mining and Trade on Saturday announced that cement production stood at 20.8 million tons in the first four months of the current Iranian year (started March 21),…
Iran Fara Bourse’s overall index snapped its losing streak and notched up 0.22 point or 0.03% on Monday to close at 735.88. The IFX was mostly boosted by Marun Petrochemical Company’s performance…
The new chief of Iran Civil Aviation Organization, Ali Abedzadeh, says he will make every effort to liberalize air ticket prices as part of the Fifth Five-Year Development Plan (2011-16).
Unsettled investors kept shrugging off upbeat news, including the latest comments made by Britain’s Foreign Secretary Philip Hammond on possible collaboration between the two countries’ stock…
About 110,000 tons of iron ore at the base price of $20 per ton were offered by Jalalabad Iron Ore Complex on Iran Mercantile Exchange’s export trading floor on Monday to potential customers…
The Central Bank of Iran has approved a plan seeking to open a “free financial center” on Kish Island, IRNA reported on Monday, citing Ali Asghar Mounesan, managing director of Kish Free Trade…
As the debate on the revised tax laws requiring banks to disclose their account information to tax officials continues, officials are sparing no effort to assure the public that the media hype on…
Largely absent from the global finance scene during the sanctions era, Iranian banks and investment houses are beginning to take calls, schedule meetings and discuss partnerships with foreign…
Tracking price-to-rent (P/R) ratio for homes in Tehran has disproved the claim that the housing sector is still grappling with a price bubble.
India has emerged as a silent, and unwilling, player in the count of supporters, and opponents, of President Barack Obama’s Iran deal currently unfolding in US Congress.
Lawmakers want to…
A day after President Hassan Rouhani issued the amendment to direct tax law to the Economy Ministry, the central bank’s public relations released a statement rejecting the claim that personal…
Iran and Azerbaijan have agreed to establish a joint bank and open branches of the two countries’ banks in Baku and Tehran, Mahmoud Vaezi, minister of communications and information technology,…
A banking official has warned central bank authorities against foreign investors controlling the national electronic payment system in case they start offering visa and master card services in…
The 21st International Exhibition of Textile Machinery, Raw Materials and Products will be held at Tehran’s International Permanent Fairground on September 4-7. More than 340 domestic and foreign…
