Iran and Russia have integrated their bank card systems, allowing their citizens to use the cards in each other's country from late August, the Central Bank of Iran announced.
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>
Customers of the now-dissolved Fereshtegan Credit Institution will be gradually reimbursed by Caspian Credit Institution, the Central Bank of Iran announced. Depositors with a maximum 100…
Export Guarantee Fund of Iran signed an agreement with Finland’s state-owned export credit agency, Finnvera, on the sidelines of the Berne Union Spring Meeting in Copenhagen.
Foreign minister Mohammad Javad Zarif emphasized the removal of banking issues between Iran and India during his meeting with Indian Foreign Secretary Subrahmanyam Jaishankar on Tuesday.
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The first major step to implement much-needed reforms in the Iranian banking sector is to be taken by the government in summer when it submits the Banking Reform Bill to the Parliament, the…
Iron ore exports from Iran are now declining, as the volume in April reached 10.46 million tons, which is down by 6% compared to the same period of Iranian. The month-on-month data also declined…
A major Iranian pharmaceutical company has signed a contract with a Turkish entity to produce medicine in the neighboring country.
Secretary-General of Iran-Turkey Commercial Council Jalal…
With only days left to Iran’s presidential elections, the Ukrainian Embassy in Tehran held a gathering of Iranian and Ukrainian officials and businesses this week to discuss bilateral cooperation…
Tehran Stock Exchange’s main index gained 214.90 points or 0.27% to end Wednesday trade at 80,344.2.
Wednesday is the last weekday of trading in Iranian exchanges.
More than 927…
What Iran has done so far to conform to international standards concerning anti-money-laundering and combating terrorism financing initiatives will be sufficient for the Financial Action Task…
The greenback was traded at 37,570 rials in the open market and 32,447 rials in the official market with a respective increase of 136 rials and a decrease of 2 rials. On the other hand, the…
China’s Finance Minister Xiao Jie underscored Iran’s strategic role in China’s New Silk Road plan, noting that Iran can be a party for fulfilling the ‘”One Road, One Belt” vision initiated by the…
The governor of the Central Bank of Iran emphasized the importance of supporting production, referring to the entity he leads and the banking system as the main bodies backing the sector.
Tehran Chamber of Commerce, Industries, Mines and Agriculture unveiled an online system for investments, which has been designed specifically to provide foreigners with any information they may…
Tehran Stock Exchange’s main index gained 171.80 points or 0.21% to end Tuesday trade at 80,129.3.
More than 560 million shares valued at $37.17 million changed hands for the day.
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Iran’s palm oil market is expected to reach $648.4 million by 2025, according to a new report by US-based market research and consulting company Grand View Research, Inc.
Iran has put on hold “almost all” of its mining agreements with foreign investors, as companies from Europe to Asia fear additional sanctions on the Persian Gulf nation’s economy, according to…
A diverse range of cultural products are produced and distributed in Iran, which contribute to the economy.
In an exclusive interview with Financial Tribune, Mehdi Firouzan, the managing…
A total of 7.5 million tons of goods were in transit via Iranian roads and railroads in the last fiscal year (March 2016-17), down 25% compared with the preceding year to reach 7.5 million tons, a…
The Central Bank of Iran has decided to increase the ceiling of home loans for elites by 60% to encourage them to stay in the country, the CBI’s website announced. The maximum amount of loans for…
The Cabinet announced the details of foreign exchange hedging directive proposed by the Export Guarantee Fund of Iran and approved in the 17th meeting of the Cabinet members on Sunday.
Iranian banks managed to present their balance sheets for the last Iranian year (ended March 20, 2017) in line with the International Financial Reporting Standards, said the secretary-general of…
The Central Bank of Iran's governor has fended off criticism over government payment arrears to the banking sector, stressing that Iran is doing better than a number of other countries in this…
The Central Bank of Iran has notified Basel III principles on corporate governance to Iranian private banks and credit institutions, as part of the regulator's mandate to incorporate global…
Tehran Stock Exchange’s main index shed 5.50 points or 0.01% to end Monday trade at 79,957.5.
More than 1.07 billion shares valued at $57.97 million changed hands for the day.
Pars…
