When the Money and Credit Council, the highest policymaking body of the central bank, agreed in May to almost double the mortgage loan offered to first-time buyers in Tehran, the initiative was…
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’s insurance industry would access $20 million of its frozen assets and resume ties with European insurers once sanctions are lifted following the recent nuclear agreement between Iran and the…
Bank Saderat outperformed 19 banks in terms of providing young couples with marriage loans over the last Iranian year (ended March 20, 2015). Granting 22% of total marriage loans, Saderat…
Iran Fara Bourse saw a 102% surge in the number of transactions during the week that ended July 29, compared with the previous trading week. According to IFB, a total of 652 million securities…
Tehran Stock Exchange’s overall index had a seesaw trading in the week that ended July 29, snapping a seven-day losing streak, but falling short of wiping out the big losses incurred lately.
After Iran and world powers reached a landmark deal to end a 12-year dispute over Iran’s nuclear energy program, US-Iran Chamber of Commerce took a step forward by launching its official website (…
Hot on the heels of this month’s historic nuclear agreement between Iran and six world powers, corporate giants are rushing to enter the country, which is considered the last emerging…
There are great opportunities for Turkish business in Iran, now that the accord with the world powers has begun the lifting of sanctions.
“A vast market will now be open to both Turkish…
Iran’s highest banking regulatory body approved a directive for banking operations in economic free zones on Tuesday. The Money and Credit Council’s directive aims to ease the attraction of…
While Iran’s historic nuclear deal with the world powers will give Tehran access to its blocked assets, a banking expert said $23 billion in unfrozen assets would be transferred to the Central…
Parliamentarians have stepped in once again to resolve the ongoing troubles of Mizan Financial Institution. In a letter addressed to heads of the executive and judiciary branches, 35 lawmakers…
Despite criticisms by financial and housing experts, a member of the Securities and Exchange Organization’s high council has revealed details on the launch of a real-estate bourse in Tehran,…
Emirati firms will be the biggest beneficiaries in Middle East and North Africa as a result of the opening up of the Iranian economy after the nuclear deal with world powers.
Days after Iran reached a deal with the West on its nuclear program, McDonald’s put up an online invitation to applications for those interested in opening the country’s first American burger…
A reputable German company will finance steel projects in Iran, deputy minister of industries, mining and trade and head of the Iranian Mines and Mining Industries Development and Renovation…
More than 56% of listed companies at Tehran Stock Exchange gave a boost to TEDPIX on Wednesday to help the benchmark rise 291.2 points or 0.44% at 66,780.7.
Investors are digesting fresh…
An Indian state company has agreed to sell high-quality iron pellets to Iran, in what could be a $200 million annual deal that signifies expanding business ties between the countries, as sanctions…
Iranian Mining Industries Development & Renovation Organization has signed a massive contract with the private sector worth over $130 million for equipping and exploring Khomroud Coal Mine in…
The last two weeks witnessed a perceptible change in the housing market, following an increase in public demand for homes. Most home dealers are attributing the shift both to “public reaction” to…
President of Iran-Iraq Chamber of Commerce Yahya Ale Es’haq has hailed the adoption of a unified foreign exchange rate regime as ideal for the economy.
“An exchange rate of 30,000 rials for…
Given the rising non-performing loans Iranian banks have been struggling with in recent years, an official with the Ministry of Justice has come up with an idea that could help prevent bad debts…
The minister of industries, mining and trade has finally got his way on foreign exchange overdue debts owed mostly by Iranian manufacturers.
Foreign exchange debtors have been given three…
The Central Bank of Iran on Tuesday urged all credit institutions to update the list of their foreclosed assets and properties every three months. The institutions now need to provide the CBI with…
The weeklong losing streak at Tehran Stock Exchange eventually came to an end on Tuesday after TEDPIX notched up 48.1 points or 0.07% to close at 66,489.5.
Iran has tapped international debt markets exactly twice in the past three decades. Those bonds, worth a total of €1 billion, have long since disappeared from traders’ screens, having matured…
