Misys, a London-based financial software company, said it was targeting an expansion plan that focuses on the Middle East and Africa, with plans to enter Iran as soon as sanctions are lifted in…
Economy
- Economy
A banking reform bill will soon be submitted to the government for review, deputy governor of the Central Bank of Iran Akbar Komijani said on Friday.
“It is expected that…
EconomyThe Money and Credit Council has said henceforth banks must allocate a maximum of 10% of their participatory loans to enterprises under “debt purchase contracts” to help stimulate sales and ease…
EconomyThe Central Bank of Iran has set up a special regulatory committee to supervise banking issues in the Joint Comprehensive Plan of Action, the official name of the nuclear deal between Iran and the…
EconomyTwo months after Iran reached a nuclear deal that will open its markets to the world, officials are warning of economic stagnation as consumers hold off on making purchases until western sanctions…
EconomyCopper and polymetal exploration tops the Ministry of Industries, Mining and Trade’s “Investment Priority List” during 2015-18, a statement by the ministry reads. Other top priorities include…
EconomyIran’s iron ore exports may stop in 2019 due to low prices and as it consumes more of the raw material in its bid to more than triple steel production by 2025, said an industry executive from…
EconomyTehran Stock Exchange’s main index extended its retreat in the week that ended September 23, going down 579 points or 0.93% to stand at 61,686.
According to TSE data, the First Market Index…
EconomyPharmaceutical giant Novo Nordisk said on Tuesday it would invest millions in Iran, joining a still very small group of European companies to have announced concrete deals in Tehran after it…
EconomyPardakht E-Commerce Company, an innovative partner for online retailers, has expanded its range in Iran’s logistics sector to serve online retailers.
EconomyCanadian think tank Digital Finance Institute and the Iranian global holding company Sana Pardakht have joined forces for Iran’s first conference on banking, business opportunities and trade.
…EconomyWith the world’s population expected to hit 9.1 billion by 2050, coupled with the growing effects of climate change on the world’s ability to grow crops, a company out of Barcelona has proposed a…
EconomyAn Iranian robotic team from Amirkabir Robotics Center ranked second at the International Micro Air Vehicles Conference and Flight Competition in Aachen, Germany.
Affiliated to Amirkabir…
EconomyUsers of any mobile network can access an archive of short films produced by young Iranian filmmakers following a new public relations campaign by 3G-only RighTel Communications, the third largest…
EconomyA finance expert says forex rates will rise against the rial by around one to two percent in the next month (starting at September 23).
EconomyAn official in the Securities and Exchange Organization has rebuked the government for pushing hard only to curb the inflation rate, according to Akhbarbank news website.
EconomyDespite the Central Bank of Iran Governor Valiollah Seif having said that there is no need for a currency bourse, the government seems unmoved. It has been pushing for a centralized foreign…
EconomyThe Minister of Economic Affairs and Finance says the market is currently "quite close" to a unified foreign exchange regime, noting that currently there is barely any difference between the…
EconomyFinancial eligibility check is the only supervisory instrument required in a mature insurance market, head of the Central Insurance Company of Iran on Sunday.
EconomyThe Money and Credit Council has suspended its earlier ban on banks to issue letters of guarantee for top debtors who are in default. The council’s decision is designed to help stimulate business…
EconomyBank Tejarat is planning to open new branches in the Persian Gulf Arab states, Akhbarbank website reported. It also is trying to establish a brokerage in the region, mainly to raise capital.…
EconomyAbout 10,000 tons of mushrooms were exported to Iraq during the first three months of the current Iranian year (started March 21), said the chairman of Mushroom Producers Association of Iran,…
EconomyMore than 230,000 tons of bananas worth about $183 million were imported during the first five months of the current Iranian year (started March 21, 2015). This high amount, according to…
EconomyThe first five months of the current Iranian year (started March 21) saw the imports of sunglasses worth more than $690,000. China has been the top exporter of sunglasses to Iran by sending 23.5…
EconomyOman’s Sarooj Construction Company will invest $120 million in developing the multi-purpose Sarooj Pars Complex in Kerman in southeast Iran, according to a report published in Times of Oman daily…
Economy

