Insurance companies in Iran have provided nearly 4.5 trillion rials ($30 million) to medical centers affiliated to the Ministry of Health to help them overcome financial constraints amid the Coronavirus spread.
Gholamreza Soleymani, head of Central…
Insurance companies in Iran have provided nearly 4.5 trillion rials ($30 million) to medical centers affiliated to the Ministry of Health to help them overcome financial constraints amid the Coronavirus spread.
Gholamreza Soleymani, head of Central Insurance company of Iran, said the money was...
Banks and financial institutions in Iran have been advised to curtail operations and take effective precautionary hygiene measures, especially where the coronavirus is widespread, to protect bank staff and customers from the infectious disease.
The …
Banks and financial institutions in Iran have been advised to curtail operations and take effective precautionary hygiene measures, especially where the coronavirus is widespread, to protect bank staff and customers from the infectious disease.
The Association of Private Banks and Credit...
Head of the Iran Chamber of Commerce, Industries, Mining and Agriculture has called on the Central Bank of Iran to postpone deadline(s) for repatriating export earnings by at least three months to help shield exporters against mounting risks posed by…
Head of the Iran Chamber of Commerce, Industries, Mining and Agriculture has called on the Central Bank of Iran to postpone deadline(s) for repatriating export earnings by at least three months to help shield exporters against mounting risks posed by the coronavirus.
Gholam Hussein Shafei, in a...
A Swiss channel to export food and medicine to Iran without running foul of US sanctions is off to a good start, with dozens of companies keen to take part, a senior Swiss government official said on Saturday.
The Swiss Humanitarian Trade Arrangemen…
A Swiss channel to export food and medicine to Iran without running foul of US sanctions is off to a good start, with dozens of companies keen to take part, a senior Swiss government official said on Saturday.
The Swiss Humanitarian Trade Arrangement (SHTA) aims to ensure Swiss-based exporters...
The United States and Switzerland formally launched a humanitarian trade channel on Thursday that will allow companies to trade food, medicine and other critical supplies with Iran.
Reuters said the US Department of the Treasury announced that the …
The United States and Switzerland formally launched a humanitarian trade channel on Thursday that will allow companies to trade food, medicine and other critical supplies with Iran.
Reuters said the US Department of the Treasury announced that the Swiss Humanitarian Trade Agreement (SHTA) is...
Iran’s stock market launched the short-selling of shares as a new a financial instrument on Sunday. The mechanism is touted to function as a tool for hedging market risks and helping investors gain when the market is down.
Short-selling was unveile…
Iran’s stock market launched the short-selling of shares as a new a financial instrument on Sunday. The mechanism is touted to function as a tool for hedging market risks and helping investors gain when the market is down.
Short-selling was unveiled with the participation of eight companies,...
Financial Action Task Force, the global anti-money laundering watchdog on Friday put Iran on its blacklist after Tehran failed to comply with international anti-terrorism funding norms.
This came after Iran failed to meet the deadline set the by th…
Financial Action Task Force, the global anti-money laundering watchdog on Friday put Iran on its blacklist after Tehran failed to comply with international anti-terrorism funding norms.
This came after Iran failed to meet the deadline set the by the watchdog at FATF’s last meeting in October to...
At an initial public offering hosted by the Tehran Stock Exchange on Wednesday, 10% of the shares of Padideh Shimi Gharn Company (producer of detergents and sanitary products) were bought.
The IPO was welcomed by investors as an unprecedented 1.49…
At an initial public offering hosted by the Tehran Stock Exchange on Wednesday, 10% of the shares of Padideh Shimi Gharn Company (producer of detergents and sanitary products) were bought.
The IPO was welcomed by investors as an unprecedented 1.49 million legal and individual investors took...
Several Italian banks have closed or imposed restrictions on accounts held by Iranians citing the US sanctions, and in the process creating financial difficulties for those affected.
According to Euronews, the Italian branch of ING Direct Bank sent …
Several Italian banks have closed or imposed restrictions on accounts held by Iranians citing the US sanctions, and in the process creating financial difficulties for those affected.
According to Euronews, the Italian branch of ING Direct Bank sent a letter to Iranian customers several months...
The main index of Tehran Stock Exchange, TEDPIX, rose 280,420 points, or 156.9%, since the beginning of the current fiscal year that ends in March until the end of last trading session on Wednesday (Feb 12).
About 3,960.28 trillion rials ($28.69 b…
The main index of Tehran Stock Exchange, TEDPIX, rose 280,420 points, or 156.9%, since the beginning of the current fiscal year that ends in March until the end of last trading session on Wednesday (Feb 12).
About 3,960.28 trillion rials ($28.69 billion) worth of shares and securities were...