The TEDPIX’s fresh rally at Wednesday’s close encouraged investors to grab the opportunity and shore up their portfolios with stocks that have hit rock bottom amid lingering uncertainties…
Business And Markets
Iran Business And Markets News, Get the latest business news about Iran including banking, stock market, real estate market, steel industry, mining, trade finance, fintech and insurance.
The sharp global decline in iron ore prices has led to lower profitability in the mining sector, dissuading some countries from investing in Iran’s mining sector, Eghtesadnews reported.
The Iranian Mining and Mines Industries Development and Renovation Organization (IMIDRO) has explored 188,000 square kilometers of the country’s area during the 11 months of the current Iranian…
Iran’s largest start-up weekend started in Tehran at five different universities on Wednesday, namely the universities of Tehran, Sharif, Technology and Science, Shahid Beheshti and Amir Kabir.…
Iran Mercantile Exchange (IME)’s industrial and mining trading played host to 143,846 tons of metals and minerals on Wednesday.
Authorities on the Persian Gulf Island of Kish have announced that the first edition of the Asian Nano Forum has kicked off in the presence of Mohammad Farhadi, minister for science, research and…
Sina Bank, announced the development of a secure mobile phone application or “app” on Tuesday, according to Banker news website.
The Central Bank of Iran has developed a roadmap comprising of 11 policies, 39 plans and over 150 immediate measures to contribute to the development of the “resistance economy” plan – a set of…
A new local file-sharing site has come online in Iran called Tizfile.com, allowing Iranian web users to pay for online cloud file storage previously unavailable.
The website states that new…
Tehran Stock Exchange’s CEO on Tuesday called for more support for Iran’s infantile investment industry and promoting long-term investing.
“Lack of attention to mutual funds in the capital…
For the second time this year the central bank’s board of directors have met with economists and monetary experts to discuss deposit rates.
During the meeting held on Monday, Valiollah Seif…
The Rial advanced on Ferdowsi Street on Tuesday, with all currencies and the gold coins retreating as speculation of a possible deal with the West over Iran's nuclear energy program curbed safe…
Iran’s second largest mobile phone line provider, MTN-Irancell, has announced it will offer “travel accident insurance” to its customer base, according to the company’s website. The new…
The Iranian Privatization Organizations (IPO) announced the annulment of the public auction for the country’s two major state-owned football clubs Perspolis and Esteqlal until further notice, IRNA…
The supervision committee for elections in Tehran Chamber of Commerce, Industries, Mines and Agriculture has announced the initial results of the chamber’s latest round of voting. Based on the…
Mining companies produced more than 31 million metric tons of iron ore during the 11 months of the outgoing Iranian year (to end March 20), which shows close to 1% growth compared to the same…
While most of the listed firms at the Tehran Stock Exchange (TSE) had a downbeat performance, Persian Gulf Petrochemical Industry Company (PGPIC), with the highest market cap, lifted the TEDPIX to…
Head of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), Mehdi Karbasian says as of April 21 copper cathodes will only be sold at the Iran Mercantile…
Vietnam’s ambassador in Iran, Nguyen Hong Thach visited Iran Tractor Manufacturing Company (ITMCO) in the northwestern city of Tabriz and met with company’s managing director to assess the…
The second development phase of Zarshooran gold mine in West Azerbaijan Province has started, with the capacity to produce 3 metric tons of gold bullion per year, the Iranian Mines and Mining…
Close to 234,000 tons of various grades of bitumen was offered by local suppliers on the export trading floor of Iran Mercantile Exchange (IME) on Tuesday trading.
A new government-sponsored website has come online in the weeks running up to the Iranian New Year period. Called eshopfest.ir the new temporary website hopes to promote the use of online shopping…
In the next Iranian year (starting March 21) unified check books will be issued using an integrated system known as ‘Sayyad’, said Central Bank of Iran’s (CBI) head of communication and…
Iran’s largest mobile network provider has won an award for its contribution to the development of knowledge-based industries. Mohammad Atoofi, director of marketing and sales at MCI, was on hand…
T he Azadi bullion coin rebounded from a three-month low on Monday due to gold’s rise in the global arena as the dollar rally paused.
But gold and Azadi remained near a three-month low…
