Iranian rent-to-own firms registered another improved year-on-year performance while their main lessees were people seeking to purchase cars, the secretary-general of the National Association of…
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.
As a part of a non-oil export promotion package, the National Development Fund of Iran has allocated $500 million to the Export Development Bank of Iran for distribution among Iran's exporting…
The Central Bank of Iran is ready to provide a competitive environment when it comes to banks’ information technology, CBI’s governor announced at the inauguration ceremony for CBI’s newly-…
Steel consumption in Iran during the first quarter of the current fiscal year (March 21-June 21) stood at 5.19 million tons, up 20% year-on-year and 323,000 tons more than domestic production, the…
Iranian truck-maker Saipa Diesel has signed a contract with Iran Road Maintenance and Transportation Organization, Iranian Fuel Conservation Company and Tose’e Ta’avon Bank on Saturday to replace…
Tehran Stock Exchange’s main index gained 508.30 points or 0.63% to end Saturday trade at 80,670.8.
About 903 million shares valued at $116.8 million changed hands for the day.
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The government has purchased more than 173,000 tons of colza from local farmers so far this crop year, registering a 260% increase compared with the corresponding period of last year, the head of…
Shaparak, Iran’s nationwide payment network, processed 1.288 billion transactions during the month ending June 21, marking a 34% growth, compared with the same period of last year.
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To improve the speed and precision of customs’ banking affairs, Bank Melli Iran and the Islamic Republic of Iran Customs Administration are to launch an online payment system.
In order to protect the interests of banks and credit institutions' depositors and shareholders, and maintain the stability and health of banking system, the Central Bank of Iran has set a number…
An Indonesian bank is set to open a $200-milion credit line for Iranian and Indonesian businesses and start working with 10 Iranian banks, Indonesia’s ambassador to Iran announced during a visit…
Tehran Stock Exchange’s main index gained 426.83 points or 0.54% to end Wednesday trade at 80,162.50.
About 1.1 billion shares valued at $72.19 million changed hands for the day.
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After a five-month hiatus, an initial public offering made its return to the Iranian equity market on Tuesday.
Experts believe this might just be the time, as stocks have stabilized after a…
Tehran Stock Exchange’s main index TEDPIX gained 653 points or 0.8% during the week that ended June 19 to close at 80,162.5.
The smaller over-the-counter Iran Fara Bourse’s benchmark, IFX,…
Khouzestan Oxin Steel Company is producing wear-resistant steel for the first time in Iran, the company’s managing director announced. “Our estimates show that the country annually needs 60,000…
Iranian steel mills produced 9.947 million tons of steel during the first half of 2017, registering a 13.7% growth compared with last year’s corresponding period, the latest report released by…
Iran's Saman Insurance Company has signed a contract with the world's largest reinsurance company Munich Re, the CEO of Saman Insurance said on Wednesday.
“Based on the contract, risks in…
The Central Bank of Iran is set to meet the immediate demand for 550,000 marriage loans, CBI’s deputy for credit affairs announced.
“Currently, half a million applicants are waiting to…
The Iranian banking system paid out 1.01 quadrillion rials ($27 billion) worth of loans to nearly 1.4 million applicants in the first three months of the new Iranian year to June 21, marking an 8.…
The two high demand currencies in Tehran’s market, namely the US dollar and euro, followed entirely different trends during the week to July 18. The rial was quoted at 37,780 to the greenback on…
The next phase of waiving late payment penalties for non-performing loans has begun at the Central Bank of Iran, prioritizing loans under 400 million rials ($10,600(.
The Association of Private Banks and Credit Institutions has surveyed factors behind a radical surge in the debts of private lenders to the Central Bank of Iran as a result of overdrafts,…
Tehran Stock Exchange’s main index inched up 42.80 points or 0.05% to end Tuesday trade at 79,735.7.
Trading at TSE and Iran Fara Bourse starts on Saturday and ends on Wednesday.
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The European Commission has decided that Iran’s exports of hot-rolled coil to the continent will be subject to definitive anti-dumping duties.
According to a preliminary document seen by…
Mineral companies affiliated with Iranian state mines and metals holding company, IMIDRO, produced 9.49 million tons of iron ore concentrate in the first three months of the current Iranian year (…
