Banking for companies that do business with Iran–as well as for Iranians themselves–is likely to get even more complicated in the near future.
Economy
Economy
The latest Consensus Earnings Report shows the price to earnings (P/E) ratio of Iranian stocks has dropped to its lowest level in nine months, although growth in profitability has boosted…
Economy
Novin Sanat Raja Company, a subsidiary of Raja Railway Transport Company, officially started its activity on Sunday. The newly-founded company specializes in the repair, renovation and…
Economy
It is now clear that the purpose of US sanctions against Iran is to make its people miserable enough so they pressure their government to agree to US demands.
Economy
Tehran Stock Exchange’s main index gained 2,718.23 points or 2.02% on Monday to end trading at 137,073.
About 1.90 billion shares valued at €78.92 million changed hands at TSE for the…
Economy
Major local carmaker Iran Khodro has introduced a special presale scheme, which started on Monday and runs until Aug 30. As per the scheme, eight models are on offer, including the locally…
Economy
The Central Bank of Iran has started the delivery of 2.5 million presold gold coins with a six-month maturity. “As of today, August 19, the delivery phase of the six-month maturity presale plan…
Economy
Iran Chamber of Commerce, Industries, Mines and Agriculture, the country's largest private sector group, has emphasized the necessity of Iran joining the inter-governmental Financial Action Task…
Economy
The uptrend in private sector investments in the housing sector is the conclusive sign that the long-ailing sector is enjoying a boom period, a senior official at the Ministry of Roads and Urban…
Economy
Major savings initiatives in Iran aimed at easing home purchase and construction have continued to grow since the current Iranian year began on March 21.
Economy
Home to 187,000 hectares of agricultural land, Tehran Province produces 5.7 million tons of agro products, which account for 5.2% of the country’s total agricultural output, the head of Tehran’s…
Economy
A total of 429,000 tons of red meat were produced in Iran’s officially registered slaughterhouses during the past fiscal year (March 2017-18), registering a 4% decline compared to the year…
Economy
Iran exported 65,480 tons of onions worth $22.25 million during the first four months of the current fiscal year (March 21-July 22), latest data released by the Islamic Republic of Iran Customs…
Economy
Iran traded 276,030 tons of non-oil commodities worth $312.41 million with Japan during the first four months of the current fiscal year (March 21-July 22), registering a 40.9% and 13.71%…
Economy
Essential goods worth 3.2 trillion rials (around $40 million) hoarded in nine warehouses of Tehran Province have been confiscated by police over the last week, the commander of Tehran’s Law…
Economy
More than 1,291 tons of press iron worth $7.34 million were imported into Iran from nine countries during the last Iranian year (March 2017-18), based on figures released by the Islamic Republic…
Economy
Turkey intends to defy US President Donald Trump and continue its strong bilateral trade links with Iran, the Turkish ambassador to Tehran announced on Sunday.
Economy
Larestan International Airport located near Lar, a city and capital of Larestan County in Fars Province, will operate flights to Muscat, the capital of Oman, from August 29, the news service of…
Economy
The new forex policy, announced last week by the Central Bank of Iran, which will partially remove the ceiling for the price of the dollar and allow more freedom for market changes, has…
Economy
Tehran Stock Exchange’s main index gained 2,818.97 points or 2.14% on Sunday to end trading at 134,354.8.
About 1.85 billion shares valued at $61.96 million changed hands at TSE for the…
Economy
Iraqi Prime Minister Haider al-Abadi has raised the level of uncertainty over how Iraq will handle US sanctions on Iran.
In the span of less than a week, Abadi went from pledging to…
Economy
On Thursday, it looked as though Google was starting to roll out a redesigned version of its vital Android Messages app. The update featured some visual changes like getting rid of the blue bar…
Economy
Domestic shoe production has declined by over 70%, the head of Handmade Shoemakers and Sellers Union said, as raw materials needed by the producers have not been cleared from the customs due to…
Economy
Iran exported 7,238 tons of milk powder worth $24.78 million during the first four months of the current fiscal year (March 21-July 22), latest data released by the Islamic Republic of Iran…
Economy
More than 3,403 tons of goods were exported via railroads from Qom Province to the Commonwealth of Independent States during the first four months of the current Iranian year (March 21-July 22…
Economy
