On its heavily-fortified border with the Islamic Republic of Iran, Armenia is developing a new strategy to overcome decades of economic isolation.
However, slightly to the east, on its…
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.
Iran has proposed conducting a project with Russian Railways to electrify a 3,000-kilometer railroad that might cost up to €3 billion ($3.7 billion), the company’s First Deputy CEO Alexander…
Tehran Stock Exchange’s main index lost 372.69 points or 0.38% on Tuesday compared to the day before to end trade at 96,748.
About 759 million shares valued at $27.84 million changed…
A total of 213 mutual and exchange-traded funds in Iran's capital market posted an average return of 17.5% during the previous fiscal year (March 2017-18), data released by Financial Information…
As part of its commitment to improve transparency about its performance, Tehran Municipality unveiled a first-of-its-kind website, Shafaf.tehran.ir, on Tuesday. The website offers viewers a full…
Following news that the US dollar rate has been unified at 42,000 rials, gold prices also went into freefall, although the head of Tehran Gold and Jewelry Union declared that gold coin trade has…
Iran's liquidity exceeded 14.89 quadrillion rials ($354.52 billion) by the end of the 11th month of the previous fiscal year to Feb. 19, latest data released by the Central Bank of Iran show.
The Central Bank of Iran's Governor Valiollah Seif answered heated questions during an appearance in the latest open session of the parliament after the government announced late Monday that it…
Bank Melli Iran, the nation’s biggest bank, is set to issue its first-ever housing bonds soon and experts believe that will lead to a drop in the price of bonds in the over-the-counter Fara Iran…
Iran's government decided to finally put an end to the dual foreign exchange regime, in an attempt to control the bullish foreign exchange and gold markets and promote safety of foreign…
The current upheaval roiling the foreign exchange market requires a different response than in the past, as conditions surrounding the volatility have changed, the government spokesman said.…
Rampaging foreign exchange rates have grabbed many headlines in the past few months and especially the past few days, but the ailing housing sector that recently showed signs of coming out of…
Following the signing of a short-term refinance deal, the Europaisch-Iranische Handelsbank AG has allocated a €30 million credit line to the Export Development Bank of Iran.
This was…
Russian Energy Minister Alexander Novak said the country is considering an option of making oil payments in national currencies, particularly with Turkey and Iran. According to Novak, both…
Bank Melli Iran's investment arm, Tosee Melli Group Investment Company, is planning to continue its downsizing efforts, which started last year, by selling stakes in six of its assets in the new…
The last fiscal (ended March 20, 2018) had its ups and downs, but it was propitious for major Iranian exchange-listed steelmakers.
Increasingly favorable global conditions, rapid…
Iran’s capital market raised over 132 trillion rials ($2.64 billion) through the issuance and sale of Islamic bonds in the last fiscal year (March 2017-18), indicating a 58% increase compared…
The Ports and Maritime Organization plans to increase Iranian ports’ container capacity from 5.94 million TEUs in the last Iranian year (ended March 20, 2018) to 9 million TEUs by the end of the…
Tehran Stock Exchange’s main index added 779.57 points or 0.81% on Monday compared to the day before to end trade at 97,120.8.
About 1.04 billion shares valued at $36.55 million changed…
As the new fiscal year started on March 21 and the banking system expects major reforms, the issue of payment services’ fees poses a huge challenge to the electronic banking sector.
The Central Bank of Iran allocated $48 billion in hard currency for imports during the last fiscal year that ended on March 20, 2018, according to its governor, who put it down to new openings…
The Central Bank of Iran has eliminated another use of foreign currencies at official rates, announcing through a directive that as of the beginning of the current fiscal year on March 21,…
Foreign exchange rates continued to surge in Tehran's market amid confusion about the causes of the rally, as both Economy Minister Masoud Karbasian and Governor of the Central Bank of Iran…
Sustainable economic growth policies are often a broad spectrum in setting macroeconomic adjustments and maintaining the progressive trend without transferring the pressure or burdens for future…
Iranian miners paid 6.74 trillion rials ($134.87 million) in mining royalties to the government during the first 11 months of the last fiscal year (March 21, 2017-Feb. 19), indicating an 88.1%…
