Dana Insurance Company, a major Iranian insurance firm, said it will expand ties with major Indian insurance firms, especially ones that continued to work with Iran during sanctions. Managing…
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.
Tehran Stock Exchange’s main index added 62.70 points or 0.08% to end Monday trade at 76,678.7.
More than 1.6 billion shares valued at $56.3 million changed hands for the day.
…
When Iranian and Indian leaders signed the agreement to jointly develop the Chabahar Port—some 1,800 kilometers south of Tehran—last summer, it was heralded as a project that would transform…
Tehran has seen more than a few new faces ever since the lifting of sanctions imposed on Iran over its nuclear energy program and the reopening of the country to global trade.
To…
Railroad projects worth 13.9 trillion rials ($360 million) will be inaugurated by Friday on the occasion of the 10-Day Dawn ceremonies, which culminate in the celebration of the 38th anniversary…
The Central Bank of Iran will ramp up its supervision over risky lenders to prevent their precarious activities from impacting other banks, said an official with the Central Bank of Iran.
Troubled banks are now in the spotlight. According to the deputy head of Monetary and Banking Research Institute, all Iranian banks are now suffering losses. “Almost all our banks are unprofitable…
Iran's lawsuit against a US court's decision to give the victims of terrorist attacks blamed on Iran the right to collect some $2 billion in Iranian assets has been filed with the International…
The Central Securities Depository of Iran issued 21 trading codes to foreign investors during the Iranian month ending Jan. 19. According to Securities and Exchange News Agency, the sole…
Iran produced more than 258 million tons of mineral products during the 10 months to January 19, the Iranian Mines and Mining Industries Development and Renovation Organization's latest report…
Consumption tax will replace value added tax as of next year (March 2017-18) as per a motion proposed by the Majlis Joint Budget Commission.
The decision is part of the budget bill…
Tehran Stock Exchange’s main index lost 209.70 points or 0.27% to end Sunday trade at 76,616.
More than 969 million shares valued at $54 million changed hands for the day.
Iranian…
The Export Development Bank of Iran will soon grant credit lines to banks in South Korea, Turkey and Iraq, announced the bank's chief executive.
"Two credit lines collectively worth €175…
The currency market has been stable in recent days, ignoring a deluge of news stories that should have conventionally rocked the boat.
In fact, the domestic market has been mostly…
Bank Saderat Iran has set up a new system that will allow visually-impaired people to easily perform a variety of banking operations such as opening accounts, making deposits and withdrawals, and…
Following efforts during the current fiscal year (ending March 20) to close the gap between official and unofficial foreign exchange rates, the government will unify forex rates at some point in…
The accounts of Iranian government entities transferred to the Central Bank of Iran as part of a new plan will receive no interest, announced a deputy economy minister.
In August, the…
A board member of Tejarat Bank announced that the bank is ready to offer a variety of banking services to the French auto group PSA Peugeot Citroen to boost interactions.
Local aviation media published on Saturday the picture of a new ATR-72 600 painted in the airline’s livery, saying the plane will soon be delivered.
According to deputy minister of roads…
Tehran Stock Exchange’s main index lost 589.10 points or 0.76% to end Saturday trade at 76,825.8. This is the lowest landing of the benchmark in about four months and a half.
More than 514…
After Iran reached a deal with six international mediators on its nuclear program, its economic ties with foreign partners transformed deeply and Iran became a magnet for international business.…
Slack rebar demand in Iran has been putting pressure on local producers. Some of them have temporarily reduced longs production, while some billet producers are considering a rise in export…
Iranian steelmakers exported more than 4.4 million tons of crude steel and steel products during the 10 months to January 19, registering a 45% growth compared with last year’s corresponding…
Iran’s Mobarakeh Steel Company has stopped selling hot rolled coils for February shipment and started inviting bids for March shipment. The price idea and its direction are expected to gain…
Following a 40% rise in residential real-estate deals during the Iranian month of Dey (started December 21, 2016) compared to the previous month and the relevant stability in prices, the housing…
