The housing market has been grappling with a stubborn recession for at least three years and although housing officials and some market analysts hope for some recovery in the coming months, few if…
The Central Bank of Iran is pushing banks to meet the standard capital adequacy ratio (CAR) to make them eligible for reintegration into the global banking system, CBI Governor Valiollah Seif said…
As the rules of the Central Bank of Iran prohibit lenders from offering high deposit rates to lure more savings, some banks have come up with alternative methods to get ahead in the race to…
The Export Guarantee Fund of Iran is now a member of the Berne Union, realizing a long-time pursuit of the country's main export credit agency. The move was made possible after Berne Union and the…
The Association of Leasing Companies officially started work in March as the sole body representing the industry, following the merger of the former Iran Center for Leasing Companies and the…
This week Iran’s Volleyball Super League’s final match was held between Sarmayeh Bank’s club vs. Paykan, with the former grabbing the title.
Sarmayeh’s victory, however, raised doubts…
The government is planning to tap into the bond market to clear its debts and improve the manufacturing sector, Masoud Nili, a senior economic advisor to President Hassan Rouhani said Tuesday.
Even though sanctions against Iran were officially lifted on January 16 and Iranian banks got reconnected to SWIFT interbank messaging system, some European banks are exercising caution about…
The Iranian SHAPARAK payment and settlement network processed 814 million transactions in the Iranian month ending December 21, marking a 31% growth year-on-year. The total value of transaction…
The Organization for Economic Cooperation and Development (OECD) is expected to improve Iran’s rating on long-term risk factors at a meeting on Tuesday, Kamal Seyed Ali, Export Guarantee Fund of…
The lifting of international sanctions paves the way for the return of major truck producers to Iran's commercial vehicles market, though some maintained a low-key presence in the market even…
Tehran’s dormant property sector is getting a glimpse of a window opening in the office market as foreign companies gradually warm up to the expected economic revival.
Governor of the Central Bank of Iran said Sunday that interest rates would be acceptable only if they are 2% over and above the inflation rate.
A cut in interest rates looms large for businesses big and small, drawing mixed reactions from businesses of all stripes. Insurance companies were among the first to voice dismay and concern over…
Kourosh Hajizadeh’s Tokyo Music Hall won the award for best public sector design in the Middle East Architect Awards 2015.
The prolific architect, earlier conferred the Middle East…
The government should intervene indirectly in the housing market by introducing structural reforms to pull the embattled sector out of the long and drawn out recession, the minister of roads and…
Despite their seemingly unending struggle in lending to needy manufactures and businesses, Iranian banks are rather strangely cultivating some unheard love for art. Although banks’ artistic…

