Business And Markets

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.

  • FATF Legislation Back on Agenda
    As Iran's October deadline to complete the Action Plan set forth by the Financial Action Task Force draws near, lawmakers are renewing efforts to pass the related bills sent by the government...
  • More Afghans Return Home Amid Economic Hardship in Iran
    More than 225,000 Afghans have been voluntarily or legally repatriated from Iran in the...  
  • TEDPIX Gains 2,605 Points
    Tehran Stock Exchange’s main index gained 2,605.74 points or 1.87% on Sunday to end trading at 142,234.4. About 3.56 billion shares valued at $69.74 million changed hands at TSE for the day....
  • Plan to Ease Home Loan Rules
    As prices of all goods and services, including apartments, are rising in Iran due to an ongoing currency crisis, the government is pondering on ways to facilitate conditions of homeownership to at...
  • Shalamcheh Border Closure Denied
    Shalamcheh border crossing, which connects Iran’s southwestern Khuzestan Province to Basra in Iraq, is open and operating normally, Iranian and Iraqi officials said in reaction to reports claiming...
  • S. Korean Bank  at the Service  of Iranians
    A part of banking hurdles facing Iranian citizens in South Korea have been resolved, as Woori Bank officials reassured that they are ready to “offer all banking services” to Iranian citizens across...
  • Currency Volatility Due to Foreign Pressure, Domestic Issues
    President Hassan Rouhani on Saturday weighed in on foreign exchange volatility that has seen the rial sink to consecutive record lows since April, saying that the crisis has been triggered by both...
  • TEDPIX Starts Trading Week 1.39 Percent Higher
    Tehran Stock Exchange’s main index gained 1,914.49 points or 1.39% on Saturday to end trading at 139,628.7. About 2.97 billion shares valued at $52.08 million changed hands at TSE for the day....
  • Iran’s Total-Factor  Productivity Near Zero
    Iran’s annual total-factor productivity index during the fiscal 2005-6 to 2016-17 hovered around zero, suggesting the neutral role played by productivity in the country’s economic growth.  This is...
  • Banking Reform Bills in MPs’ Crosshairs
    Members of the Iranian Parliament’s economic commission on Saturday continued reviewing articles of long-awaited reform bills targeting the country’s ailing banking system in addition to its...
  • India Proposes to Double Transactions With Iran
    India’s Commerce and Industry Minister Suresh Prabhu on Friday proposed to double trade...  
  • Strong Iranian Presence in Damascus Int’l Fair
    The 60th Damascus International Fair opened in the Syrian capital on Thursday after a five-year hiatus with the presence of 54 Iranian companies, Iran’s ambassador to Syria said. Javad Torkabadi...
  • The Iranian government has recognized cryptocurrency mining as a lawful activity as part of its effort to introduce a national cryptocurrency, which move saw Bitcoin’s price briefly spike to record...
  • Homebuyers in Tehran Favor Smaller Houses - August 2018
    A review of data by the Central Bank of Iran shows that residents of Tehran, the bustling capital city accounting for roughly half of all home sales in the country, increasingly favor smaller homes...
  • Europe Struggling  to Save Iran Deal
    You would not know it from reading the news, but the Iran nuclear deal is still alive.  The Europeans, however, are faced with an impossible task: to preserve an international agreement that...
  • Rials Pares Losses on Central Bank Moves
    Iran’s rial recouped some of its losses after hitting a record low against the US dollar on Thursday on the open market, according to reports, as the economy continues to face pressure from the...
  • IRICA: Customs Clearance Process Back to Normal
    Customs clearance process for imports is back to normal following the announcement that 3,479 items have become exempt from exchange rate difference surcharge, the head of the Islamic Republic of...
  • Iran Plast 2018 Slated for Sept. 24-27
    The 12th International Iran Plast Exhibition is scheduled to open at Tehran International Fairground on September 24, according to the event’s official website at Iranplast.ir. Organized by the...
  • Bank Debts Behind Monetary Base Growth
    A review of official data published in Central Bank of Iran’s reports by Tehran Chamber of Commerce...
  • Iranian Ports’ Throughput Down 9.2%
    Around 61.7 million tons of goods were loaded and unloaded in Iranian ports from March 21 to Sept. 4, registering a decline of 9.2% compared with last year’s corresponding period, managing director...
  • Investors Lose Trust Over Pricing Flip-Flops
    New developments in the Iranian capital market seem to have stemmed in large part in the mercantile exchange. The same trend was seen last week with the oil-product pricing conundrum.  The lost...
  • Iran Scrapping Cash Withdrawal From Germany
    Iran has informed German financial regulator BaFin that it would be dropping its earlier request to repatriate funds from the bank, German media outlets, including Deutsche Presse-Agentur and...
  • Secondary Market Trade Buoyant
    While the unofficial currency market enters a bull run, a Central Bank of Iran official said trade in the Secondary Forex Market is increasing, with deals breaking a record on Tuesday.   Mehdi...
  • Parliament Rejects Controversial Bill
    Iran parliament has voted against the bill obliging the government to streamline the distribution network for providing Iranian households with essential goods through consumer cooperatives, chain...
  • Most Consumers Complain About Bread, Fruit
    More than 28,100 public complaints were filed against goods and service providers with the industries, mining and trade organizations of Iranian provinces during the fifth month of the Iranian...

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