• Oil & Gas Sector Most Conducive for Business

    The research arm of Iran’s Parliament has conducted a first-of-its-kind domestic investment security study, finding among other things that businesspeople active in the crude oil and natural gas sector have the highest perception of investment security among all sectors.
    The study, published on the official website of Majlis Research Center, is the first evaluation of investment security index in Iran using the opinion of business representatives. It divides its results on the basis of provinces and business sectors, and has been conducted for the final quarter of the previous fiscal year that ended on March 20, 2018.

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.

  • $5.5b Worth of New Mining Projects Underway
    08/28/2018
    The Iranian mining sector is expecting new projects to come on stream by March 2019 with an investment of $5.5 billion. According to the Ministry of Industries, Mining and Trade, Iranian Mines and...
  • Banana Imports Hit $176m in Four Months
    08/28/2018
    More than 180,706 tons of fresh and dried bananas worth $176 million were imported into Iran during the first four months of the current Iranian year (March 21-July 22). This marks a 22.6% and 2%...
  • Economist Censures Gov’t Crackdown on Warehouses
    08/28/2018
    Economists and businesspeople believe that cracking down on production units and warehouses, and treating them as criminals will have adverse consequences, as economic players will lose trust in...
  • Iran’s Crypto Blueprint on Track
    08/28/2018
    Informatics Services Corporation, the principal entity in charge of designing Iran's national cryptocurrency, has announced new details about the nascent currency's blueprint. According to...
  • Surge in Speculative  Gold Coin Trade
    08/28/2018
    Speculative trade in the gold coin market is surging, although the coin’s price bubble has burst, the head of Iran’s Specialized Gold and Jewelry Commission said. Mohammad Keshti-Aray, however,...
  • Handmade Carpet Exports Rise 21% to $100 Million
    08/27/2018
    Iran exported $100 million worth of hand-woven carpets during the first four months of the current fiscal year (March 21-July 22), registering an increase of 21.7% in value compared to last year’s...
  • Home Loans Surge by 52.8%
    08/27/2018
    Bank Maskan, the sole specialized bank in the housing sector, has recorded an annual increase of 52.8% in the volume of loans it has paid to finance related deals.  According to Hibna, the bank's...
  • Bank Penalty Waiver Back  on Agenda
    08/27/2018
    Governor of the Central Bank of Iran Abdolnasser Hemmati  has responded to a letter sent by the President of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei who had...
  • TEDPIX Trades 1.64% Higher
    08/27/2018
    Tehran Stock Exchange’s main index gained 2,239.18 points or 1.64% on Sunday to end trading at 138,582.6. About 1.74 billion shares valued at $73.96 million changed hands at TSE for the day....
  • CBI Expected to Lift Crypto Ban
    08/27/2018
    When the Central Bank of Iran announces its new regulatory frameworks concerning virtual currencies, it is expected to lift a previous blanket ban on cryptocurrencies. Nasser Hakimi, CBI's deputy...
  • Banks Lagging Behind AGM Schedule
    08/27/2018
    More than a month has passed since the July 22 deadline set for Iran’s banks and credit institutions to finalize their financial statements and hold their annual general meetings, but only a...
  • The Numbers Behind BA, Air France and KLM’s Iran Pullout
    08/27/2018
    British Airways confirmed on August 23 that it would end its services to Iran, namely its five times...  
  • 70% of Essential Goods Imported Via Imam Khomeini Port
    08/27/2018
    Imam Khomeini Port in the southern Khuzestan Province accounts for 70% of Iran’s imports of essential goods. According to Adel Deris, the director general of Khuzestan Ports and Maritime...
  • Turkish Carriers to Fill Void After Europeans Halt Flights to Iran
    08/26/2018
    The decision of European airliners to halt flights to the Iranian capital Tehran in September has...  
  • TEDPIX Loses 567 Points
    08/26/2018
    Tehran Stock Exchange’s main index lost 567.23 points or 0.41% on Saturday to end trading at 136,343.4. About 1.45 billion shares valued at $51.6 million changed hands at TSE for the day. Trading...
  • Iran Holdings’ Association Formed
    08/26/2018
    An association has been formed “for building a culture of negotiation among 45 Iranian holdings and improving their synergy and bargaining prowess at the national level”, chairman of the newly-...
  • Top US Banks Against Iran SWIFT Embargo
    08/26/2018
    Two top American financial institutions would not commit to cutting Iranian access to international financial markets, a cornerstone of the new anti-Iran sanctions of US President Donald Trump's...
  • Domestic Airports Witness Fall in Passenger, Cargo Transportation
    08/26/2018
    A total od 115,647 domestic and international flights were carried out via Iranian airports in the first...  
  • CBI Sets FX Deposit Terms
    08/26/2018
    The Central Bank of Iran on Saturday notified a directive to the banking system, which sets foreign currency deposit interest rates and doubles down on the previous promise of guaranteed returns...
  • Amendments to New FX Policy Introduced
    08/26/2018
    New amendments were introduced into Clause V of the government’s new foreign currency policy on imports during a Cabinet meeting held last week.  Under Clause V, goods imported after the...
  • High Cost of Living Hassles Tehranis
    08/26/2018
    High cost of living, residents’ inability to save money, frantic pace of inflation and the ever-rising population of people living in poor neighborhoods are some of the hardships people living in...
  • Cryptocurrency Document Drafted
    08/26/2018
    The draft of the document on the national Cryptocurrency has been prepared at the behest of President Hassan Rouhani, an official at the National Cyberspace Center said. Saeed Mahdiyoun also told...
  • Forex Trade Rises on Back of Revised  Policies
    08/26/2018
    Latest figures from transactions conducted in the Central Bank of Iran's online system for foreign currency deals as well as those handled by exchange shops show that both payment orders and cash...
  • CBI Signals Rate Hike
    08/25/2018
    The Central Bank of Iran has sent another signal that it is about to raise interest rates.  It has allowed banks and credit institutions to renew one-year deposit contracts that had been struck...
  • TSE Records All-Time High Monthly Growth
    08/25/2018
    The last Iranian month (ended Aug. 22) was replete with good news for the stock market, as Tehran Stock Exchange's main index, TEDPIX, rose to the unprecedented height of 136,960.6, registering a...

Pages

Trending

Googleplus