Business And Markets

Borrowers that have foreign exchange debt to the banking system were given three months to repay their debt, the central bank announced on Monday.

The Central Bank of Iran has banned commercial banks from providing loan collateral for their subsidiary companies. The ban targets one important aspect of the non-banking activities of banks…

Hossein Abdoh Tabrizi, advisor to the minister of Roads and Urban Development for financial affairs, called on the government to deregulate foreign exchange rates instead of applying a fixed…

Minister of Roads and Urban Development Abbas Akhoundi has urged banks to collectively raise their lending to 500 trillion rials ($17 billion at official exchange rate) for the controversial Mehr…

Oman and the UAE, which have had strong trade and investment links with Iran in the past, would likely benefit most from the lifting of trade sanctions on Iran because this would open the way…

More than nine years after the declaration of general policies of Article 44 of Iran’s Constitution by the Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei, which calls for privatization…

Another bad trading day at Tehran Stock Exchange dramatically weighed on the benchmark to tumble 536 points or 0.8% to settle at 66,441.4. This is the TEDPIX’s seventh consecutive day in red.

Steel trading at Iran Mercantile Exchange experienced 43% growth in volume and 36% growth in value during the week ending July 24 over the preceding week, while 296,000 tons of various commodities…

Uncertainties in the equity market weighed on Iran Fara Bourse’s overall index to shed 5.21 points or 0.66% and close at 782.24. The IFX wrapped up its third consecutive trading day in red. As IFB…

While a lot of attention after and even before Iran clinched a nuclear deal with the P5+1 group , namely France, China, Russia, the US and the UK and Germany, in Vienna on July 14 has been on…

Iran produced 1.42 million tons of crude steel in the month of June, up by 1.5% compared with June 2014 and superseding France as the 13th largest steel producer in the World Steel Association’s…

Iran Fara Bourse’s main index IFX notched down 4.33 points or 0.56% to close at 787.45 on Sunday. As IFB reported, more than 85 million securities traded at IFB, valued at more than $385 million…

The comprehensive deal on the Iranian nuclear issue was made only a fortnight ago, yet western companies, excited by Iran’s rich oil reserves and enormous market, cannot wait to return to the…

A bustling day at Iran Mercantile Exchange saw the offering of various commodities on the oil and petrochemical trading floor on Sunday.

The majority of stocks kept retreating on Sunday, weighing on Tehran Stock Exchange’s benchmark to slip 59.13 points or 0.09% to 66,977.2. TEDPIX recorded its sixth consecutive trading day in red…

Foreign currencies rallied against the rial on Sunday as the uncertainty surrounding sanctions relief following the nuclear deal between Iran and P5+1—US, Britain, France, Russia, China and…

International credit rating agency Capital Intelligence improved its outlook for Iran and its currency, the rial, on Sunday, reflecting the improving prospects of Iran after agreeing to limit its…

Western and Middle East insurance specialists see Iran as an appealing $8 billion market in the wake of its nuclear deal with world powers.

Governor of the Central Bank of Iran Valiollah Seif has urged bankers to restrain themselves from indulging in “illusory competition” when engaging in international transactions in the post-…

T he US dollar rallied after two days of decline against the rial, as investors sold their shares to buy dollars as a row between Iran and the United States sent investors running for safety.

Hossein Abdoh Tabrizi, head of Financial and Economic Research Institute of Transport and Housing, has called for establishment of a fund to help finance construction of highways and freeways.…

As sanctions on Iran are to be lifted later this year, US businesses could be the biggest losers in the rush to stake a claim in Iran—especially the banking sector, a report says.

Iran’s historic nuclear deal with the world powers will give Tehran access to its assets blocked for years in foreign banks due to financial sanctions imposed on the country over its nuclear…

Iran Mercantile Exchange’s secondary market featured 500 tons of tomato paste offered by Isfahan Food Company for the first time, priced at 24,500 rials per kg on Saturday. As IME reported, the…

Iran Fara Bourse’s benchmark IFX notched down 11.36 points or 1.41% to close at 791.88 on Saturday.

More than 60 million securities traded at IFB in 11,041 transactions valued at $15.62…