Business And Markets

With major UK and US banks still struggling to find reassurances from regulators to resume business with Iran nearly 10 months since “implementation day,” a handful of European banks are forging…

The fact that Iran’s economy is facing major challenges is well acknowledged.  Its heavy reliance on oil export revenues and the dominant role of the state in the economy combined with the…

Taiwan Futures Exchange will help Iran Mercantile Exchange set up derivatives for gold and agricultural products. Cooperation between the two will focus on jumpstarting options trading on the IME…

Tehran Chamber of Commerce, Industries, Mines and Agriculture hosted a forum attended by 25 businesspeople from Austria’s Vorarlberg Commerce Chamber and their Iranian counterparts on Monday.

Esfahan Steel Company’s rail production line was officially launched last week.

First Vice President Es’haq Jahangiri and Minister of Industries, Mining and Trade Mohammad Reza Nemtazadeh…

Tehran Stock Exchange’s main index gained 494.80 points or 0.63% to end Monday trade at 79,632.3.

More than 1.25 billion shares valued at $110 million changed hands for the day.

Iran…

Banks doled out 2.2 quadrillion rials ($73.2 billion) in loans during the first half of the Iranian fiscal year that ended  September 21, marking 45.4% growth compared to the same period last…

A study under the aegis of the vice governor of the Central Bank of Iran has found that discreet internal workings of Iranian banks have largely contributed to their high rate of non-performing…

Central Insurance of Iran Saturday announced that insurance firms will  issue personal auto policies through a central online platform, in line with plans to minimize illegal operation of…

More foreign investors are getting permits to trade Iranian securities since the removal of nuclear sanctions against Tehran in January. “Currently, 710 foreign entities are trading in Iranian…

Export tariffs will be imposed on unprocessed iron ore shipments as of the next Iranian fiscal year (to start March 20, 2017), announced deputy minister of industries, mining and trade, Jafar…

A new Bloomberg report takes a closer look at the staggering success of Chinese outbound M&A activity in 2016.

As the year comes to a close, Chinese companies have made…

Tehran Stock Exchange’s main index lost 116.00 points or 0.15% to end Sunday trade at 79,137.5.

More than 565 million shares valued at $39.4 million changed hands for the day.

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The first international and specialized exhibition of meat and related industries known as Meatex opened in Tehran’s International Fairground on Saturday.

Seven housing schemes for distressed urban areas have been proposed by the Ministry of Roads and Urban Development in a joint initiative by the government, private sector and the public, deputy…

According to the IMF, Iran’s GDP is projected to go up 5% this year and next and may reach 8% by 2022. To make this happen the country needs $230 billion in domestic and foreign investments.

The government favors plans for selling residential units in installments as it helps boost the market without direct government involvement in the construction process.

Iran's nuclear deal with world powers has provided a big boost to its international trade and economy as a whole, says a deputy economy minister.

"There has been good progress in…

Officials from the Central Bank of Iran and the judiciary have discussed the state of cyber security in financial markets.

Davoud Mohammad Beigi, director of CBI’s department for payment…

Bananas could be imported at a low tariff rate of 5%, provided raisins are exported in return, based on a regulation ratified by the Cabinet’s Wednesday meeting.

Export subsidy was…

Tehran Stock Exchange’s main index shed 417.40 points or 0.52% to end Saturday trade at 79,253.5.

More than 626 million shares valued at $48 million changed hands for the day.

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To streamline regulations and cut operating costs of tourism facilities, a government directive approved last year has gone into effect, reducing tariffs for assessment of tourism facilities.

Oil was the main driver of economic growth in the first half of the current Iranian year (started March 20), but economic researcher Hamid Azarmand believes its direct impact will wear off as we…

Iran exported more than 346,600 tons of non-oil goods worth $50.1 million to Indonesia during the first half of the current Iranian year (started March 20), registering a 40% rise in value…

More than 9.7 million tons of oil and non-oil goods were transported via rail to and from Shahid Rajaei Port in the southern Hormozgan Province during the seven months of the current Iranian year…