A court in Germany has ordered Deutsche Telekom, a partly state-owned telecom provider, to reactivate phone and internet services for the Hamburg branch of Bank Melli Iran.
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.
Following the recent decline in foreign currency rates, the price of goods which leaped (thanks to earlier exchange rate rises) over the past several months is expected to fall again, says…
Iranian sources say that some of them are no longer able to access the cryptocurrency swap platform ShapeShift, even when using virtual private networks (VPNs). As such, the sanctions appear to…
Changes to existing stock exchange regulations will come into effect today (December 1), said Mohsen Khodabakhsh, deputy for supervision on exchange at the Securities and Exchange…
Gold prices in Tehran fell 10% during the week to November 29 following the drop in foreign exchange rates. Mohammad Kashtiaray, president of the Special Gold and Jewelry Commission of the Iran…
Foreign exchange rates in Tehran’s market dropped below the support level of 120,000 rials on Wednesday as foreign currency rates continue to decline in the open market. The US…
Tehran Stock Exchange and Iran Fara Bourse – an over-the-counter market for securities and other financial instruments in Tehran - announced changes in trading procedures as part of …
The stock market sell-off on Tehran Stock Exchange continued Wednesday, knocking the TEDPIX 3,400 points and wiping out the gains made since the beginning of autumn. Low oil and commodity prices…
Latest data released by the Central Bank of Iran confirm that Tehran's housing market has been plunged into a state of stagflation. The data covering the eight months of the current Iranian…
After nearly a one-month hiatus prompted by US sanctions, China is resuming its banking relations with Iran, President of Iran-China Chamber of Commerce and Industries said.
Asadollah…
France and Germany will likely host the Special Vehicle Purpose (SPV), a special payment channel created by Europe as part of its efforts to keep trade flowing with Iran in defiance of US…
Stocks closed mostly higher on Tuesday, Tehran Stock Exchange's main gauge, TEDPIX, rebounding to snap a two-day losing streak, on the back of newly released earnings reports by companies.…
A capital market analyst believes that nine-monthly reports of listed companies will give more in-depth information about their direction which in turn should help bring analysis-oriented…
The total volume of loans allocated by Iranian banks and credit institutions to the housing and building sector grew by 28.5% year-on-year during the first seven months of the current fiscal…
The Tehran stock market has moved lower on consecutive trading days, as low oil prices continue to batter investment sentiment. Tehran Stock Exchanges' main index TEDPIX has retreated 6%…
Iran exported 135 tons of saffron worth more than $178 million during the first seven months of the current Iranian year (March 21-Oct. 22) to register a 48% and 27% growth in weight and value…
Iranian steel mills produced a total of 20.6 million tons of crude steel during the first 10 months of 2018, up 19% compared with last year’s corresponding period, the latest report of World…
More than 1.9 million tons of commodities worth over 77 trillion rials ($616 million) were traded during the calendar month ending on November 21 at Iran Mercantile Exchange, registering 14%…
Foreign exchange rates are of the declining order in the final days of November thanks to a stronger presence of the Central Bank of Iran in the market and optimism that Iran will continue to…
After ending the past week l3.5% lower, the Tehran Stock Exchange continued to reel under selling pressure on Saturday. Falling global stocks, US-China trade war, declining oil and…
More than 1,338 trillion rials (€10.29 billion) worth of investments have been made in industrial units for which establishment permits were issued while 325.5 trillion rials (€2.5 billion) were…
Lawmakers discussed a bill about financial and administrative regulations for the Education Ministry and voted to allocate one percent of revenues earned by state-owned banks and firms as well…
Iranian banks and credit institutions lent 3.58 quadrillion rials ($27.33 billion) to various sectors during the first seven months of the current fiscal that ended on October 22, the Central…
Tehran Stock Exchange’s main index lost 745.55 points or 0.42% on Wednesday to end trading at 175,713.2. About 1.84 billion shares valued at $60.83 million changed hands at TSE for the day.…
President Hassan Rouhani said Wednesday that dirty money and money laundering has become a universal challenge not limited to any single country and Iran is no exception.
