Financial Tribune

20/09/2022

The world’s biggest contract for saffron trade was signed between Iran and Qatar on Sept 18, in the presence of Iran’s Ambassador in Doha Hamidreza Dehqani-Poudeh and Qatar’s Finance Minister Ali bin Ahmed Al Kuwari.

The world’s biggest contract for saffron trade was signed between Iran and Qatar on Sept 18, in the presence of Iran’s Ambassador in Doha Hamidreza Dehqani-Poudeh and Qatar’s Finance Minister Ali bin Ahmed Al Kuwari. As per the contract, 200 tons of saffron worth $300 million will be processed...

20/09/2022

The fate of 2,400 foreign cars in the parking lots of the Islamic Republic of Iran Customs Administration is unclear.

The fate of 2,400 foreign cars in the parking lots of the Islamic Republic of Iran Customs Administration is unclear. This is while IRICA has announced that more than 1,000 of these cars will be handed over to the Organization for the Collection and Sale of State-Owned Properties of Iran in the comi...

13/09/2022

The First Digital Mining Conference and Expo opened at Tehran’s Olympic Hotel on Monday.

13/09/2022

Malicious mobile applications are the main threat to the security of financial services in the country, says the CEO of KASHEF, the company in charge of the safety and security of banking services.

Malicious mobile applications are the main threat to the security of financial services in the country, says the CEO of KASHEF, the company in charge of the safety and security of banking services. "Mobile applications downloaded from unauthorized websites account for the major part of financial cyb...

12/09/2022

High and volatile inflation in Iran has been an endemic economic and social issue that has contributed to rising poverty and social tensions.

High and volatile inflation in Iran has been an endemic economic and social issue that has contributed to rising poverty and social tensions. Iran’s CPI inflation has fluctuated sharply over the past two decades around its annual average of 20% (Figure 1.a.), and has been much higher than that of ...

12/09/2022

The recent statement issued by France, Germany and Britain is “unconstructive” and contradicts expected good faith on their part with regard to negotiations on the revival of the 2015 nuclear deal, a senior Iranian diplomat said.

12/09/2022

Some cellphone buyers could not register their devices via the system named Hamta, which caused problems for both buyers and sellers.

Some cellphone buyers could not register their devices via the system named Hamta, which caused problems for both buyers and sellers. Recently, Hamta notifications faced wide-scale disruptions, which created financial and legal risks for cellphone buyers, ICT News Agency reported. Operators of the c...

12/09/2022

The Statistical Center of Iran has published a new report on home and land prices, as well as rent levels in Tehran’s urban areas, during the fourth quarter of last fiscal year (Dec. 22, 2021-March 20).

The Statistical Center of Iran has published a new report on home and land prices, as well as rent levels in Tehran’s urban areas, during the fourth quarter of last fiscal year (Dec. 22, 2021-March 20). According to the report published on SCI’s website, the average price of each square meter of...

11/09/2022

The number of total vehicles (including heavy, commercial and passenger cars) produced in the five months ending Aug. 22 has increased by 10% compared with the same period of last year, the head of’s Automotive Industry Office announced.

The number of total vehicles (including heavy, commercial and passenger cars) produced in the five months ending Aug. 22 has increased by 10% compared with the same period of last year, the head of’s Automotive Industry Office announced. “A total of 422,078 vehicles were produced in the first fi...

06/09/2022

“Leisure and culture”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating inflation, registered 31.6% in annualized inflation in the fifth month of the current Iranian year (July 23-Aug. 22).

“Leisure and culture”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating inflation, registered 31.6% in annualized inflation in the fifth month of the current Iranian year (July 23-Aug. 22). The group’s Consumer Price Index stood at 568.5, indica...

03/09/2022

The Consumer Price Index of “food and beverages” stood at 790.9 in the fifth month of the current Iranian year (July 23-Aug. 22) to register a staggering 81.2% year-on-year rise, new data released by the Statistical Center of Iran show.

The Consumer Price Index of “food and beverages” stood at 790.9 in the fifth month of the current Iranian year (July 23-Aug. 22) to register a staggering 81.2% year-on-year rise, new data released by the Statistical Center of Iran show. The group’s annualized and monthly inflation rates reache...

30/08/2022

President Ebrahim Raisi underlined Iran’s key demands in talks to revive the 2015 nuclear deal, saying his administration will not give up on the rights of the Iranian nation.

30/08/2022

Insurance companies in close collaboration with the regulator are developing innovative insurance packages to build and expand services in the rapidly growing industry, head of the Central Insurance company of Iran (CII) said.

Insurance companies in close collaboration with the regulator are developing innovative insurance packages to build and expand services in the rapidly growing industry, head of the Central Insurance company of Iran (CII) said. "One of companies is finalizing a ‘Takaful’ insurance package, which ...

30/08/2022

Regulations for car imports, approved by the Council of Ministers on August 17, were announced by First Vice-President Mohammad Mokhber on Aug. 25.

Regulations for car imports, approved by the Council of Ministers on August 17, were announced by First Vice-President Mohammad Mokhber on Aug. 25. Although the price of imported cars has a ceiling of €20,000 freight on board and a maximum of $1 billion will be allocated in foreign currency for th...

29/08/2022

Iran’s review of the US response to the European Union’s proposed text on the revival the 2015 nuclear deal and Tehran’s additional adjustments will continue until no sooner than Friday, according to Nour News.

29/08/2022

“Home appliances, furniture and their maintenance”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating the Consumer Price Index, registered 35.8% in annualized inflation in the fifth month of the current Iranian year (July 23-Aug. 22).

“Home appliances, furniture and their maintenance”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating the Consumer Price Index, registered 35.8% in annualized inflation in the fifth month of the current Iranian year (July 23-Aug. 22). The Consumer ...

28/08/2022

Domestic flights operated in the fourth month of the current Iranian year (June 22-July 22) were delayed by an average of 98 minutes, data released by Iran Airports Company show.

Domestic flights operated in the fourth month of the current Iranian year (June 22-July 22) were delayed by an average of 98 minutes, data released by Iran Airports Company show. Around 33% flights were delayed during the period: The longest average delay in flights was registered by Kish Air with 1...

28/08/2022

Tehran’s air quality was moderate on Aug. 25 with an index of 98 at 11 a.m.

Tehran’s air quality was moderate on Aug. 25 with an index of 98 at 11 a.m. The air quality measuring devices indicated that the status of air quality index was good at five stations, namely the Geophysics Station with 50, Shahid Beheshti University Station with 45, Atisaz Station with 39, Qarchak...