• 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.

  • Farming PPI Rises 14%
    The Producer Price Index for the sector of “Farming, Horticulture and Traditional Husbandry” in the 12 months ending June 21, which marks the end of spring, increased by 14% compared with last year...
  • When the new terminal at Ardabil Airport becomes operational, four airplanes can land and take off simultaneously.
    The construction of a new terminal at Ardabil Airport, located in the northwestern Ardabil Province, has made 99% progress and will soon become operational, the director general of Ardabil Airports...
  • Tehran to Host Handmade Carpet Expo
    The 27th Iran Handmade Carpet Exhibition is scheduled to open at Tehran International Permanent Fairground on August 25. According to the official website of the event at www.idro-fairs.com, the...
  • Interest Rate Growth Gathers Pace
    Two major banks have been allowed by the Central Bank of Iran to offer certificate of deposit (CD) at interest rates higher than the current ceiling, reinforcing months-long speculations that the...
  • CBI Outlines Top Priorities
    The governor of the Central Bank of Iran, who took the reins of the policymaking body late last month, has outlined his top priorities for solving the problems and instilling stability in the...
  • Civil Servants Pension Fund Planning to Downsize
    The Civil Servants Pension Fund is planning to cede either portions of its shares or total ownership in 99 of its subsidiaries, most of which are underperforming and bleeding cash. “In line with...
  • Mashhad Hosting 5 Int’l Expos
    The eastern city of Mashhad in Khorasan Razavi Province is hosting five international exhibitions these days. The events include 20th Mashhad International Exhibition of Industry, 13th Mashhad...
  • Emirati Paper: Baghdad Expected to Maintain Strong Economic Ties With Tehran
    Iraq’s ties with Iran are likely to grow stronger as a result of renewed US economic sanctions on Tehran.
  • Government Set to Improve Urban Quality of Life
    One of the biggest missions of President Hassan Rouhani’s administration is to implement its urban revitalization plan for reducing distressed urban areas and improving the quality of life of their...
  •  Stocks End Volatile Trading Week Flat
    Uncertainties caused Tehran stocks to pull the brakes last week on a rally that lasted for most of the month and boosted shares to new highs.  In fact, the trading week that ended on August 15...
  • Economic War on Iran Is War on Eurasia Integration
    Hysteria reigned supreme after the first round of US sanctions were reinstated against ...
  • Plan to Name and Shame Major Loan Defaulters
    A counter-corruption parliamentary commission has submitted its findings on 31 of the largest bank loan defaulters to the judiciary, as the crackdown on corruption intensifies, the head of the...
  • German Rail Operator, Deutsche Telekom End Iran Projects
    German rail operator Deutsche Bahn and Deutsche Telekom are ending projects in Iran after...
  • Decline in Forex  Rates Expected
    While the foreign exchange rates are still considered bullish by most observers, both officials and businesspeople expect the market to stabilize in the coming days, as the latest rescue package...
  • TEDPIX Ends Week Lower
    Tehran Stock Exchange’s main index lost 450.82 points or 0.34% on Wednesday to end trading at 130,476.9. About 1.15 billion shares valued at $44.99 million changed hands at TSE for the day....
  • Shaparak Transactions Show Strong Growth
    About 1.77 billion transactions worth 2.03 quadrillion rials ($48.33 billion) were transacted by Shaparak...
  • Gold Jewelry to Get VAT Exemption
    A bill is under review by parliamentary committees to boost the gold jewelry sector by exempting domestic producers from a 9% value-added tax on sales, the head of Gold and Jewelry Union said. “In...
  • VDMA Backs Iran Trade
    Germany’s plastics and rubber machinery trade association, VDMA, has highlighted the importance...
  • New Forex Initiative Unable to Tip Scales
    The new forex initiative has only managed to fix major policy mistakes of the past two quarters, which is not enough to control profiteering in the foreign exchange market. The above statement was...
  • Equity-Based Sukuk Return to Iran Capital Market
    The government is set to clear part of its debt to Social Security Organization by issuing 12 trillion rials ($150 million) of equity-based Ijarah sukuk on the capital market. The three-year bonds...
  • Tehran Home Rents Up 26.7 Percent in Q1
    The average price of renting a residential unit in Tehran jumped significantly on a year-on-year basis...
  • Central Bank of Iran Against Market Intervention
    Central Bank of Iran's Governor Abdolnasser Hemmati said the regulator's policy under his watch continues to be non-intervention in the foreign exchange market. "We have said repeatedly that we do...
  • Aluminum Output Rises 11%
    Iran’s major aluminum companies produced an aggregate of 121,909 tons of aluminum products during the first four months of the current fiscal year (March 21-July 22), which indicate an 11% increase...
  • 9,000 Physicians Failed to File Tax Returns
    Of the nearly 20,000 physicians registered with the Tax Administration of Tehran Province, only 11,000 have filed their tax returns for the last fiscal year (ended March 20, 2018), director of the...
  • Lead, Zinc Ore Extractions See 84% Rise
    Major Iranian lead and zinc producers extracted 497,749 tons of ores during the first four months of the current fiscal year (March 21-July 22), which indicates an 84% rise in production compared...