All indices at the equity market dragged down the Tehran Stock Exchange (TSE)’s overall index, amid liquidity scarcity, with the TEDPIX slipping 103.8 points or 0.16 percent at Saturdays’ close to…
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.
Flea markets are an increasingly popular feature of most metropolitan areas. They provide shoppers with reasonably priced goods and represent an inexpensive way for entrepreneurs to establish and…
After massive equity market retreat within the past few months, bulls are expected to return, with equilibrium at Tehran Stock Exchange becoming more evident, head of the Securities and Exchange…
The fragile uptrend at the Tehran Stock Exchange (TSE) over the past 3 days of weekly trade ending March 4 fell short of wiping out losses incurred earlier this week, with the overall index…
Thirty major cement plants are under construction across the country with more than 20% physical progress, the Minister of Industry, Mine, and Trade, Mohamamd-Reza Nematzadeh said at a meeting in…
A top official at the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) said the development plans in industrial and mineral sectors would create jobs for at…
Although nearly 10 months have passed since the Central Bank of Iran (CBI) issued a directive to lower deposit rates, some banks and credit institutions continue to ignore the directive and are…
Toxic debt on commercial banks’ balance sheets is on the rise despite efforts to contain them, says the man who set out to reduce them.
Non-performing loans (NPLs) have risen 2.5 times…
Iran’s mobile payment system may be in its early stages and not widely used, but the largest Iranian mobile phone provider is now putting its weight behind its latest side project.
A media outlet has criticized the unveiling of a new reverse for the 50,000-rial banknote on Monday, initiating a response by the central bank.
A new 50,000-rial banknote was unveiled on…
Europe’s highest court has thrown out a challenge by a Hamburg-based Iranian trade bank to its inclusion on the European Union’s sanctions list on Thursday, a victory for the EU after a number of…
Investment units of SEPAS Exchange Traded Fund (ETF) will be publicly offered on March seventh. The ETF will be open for purchase from 9:30 to 12:30 Tehran time, under the ticker symbol “Sepas 1”…
Following a parliamentary approval, the conditions for handing over unfinished development projects to state-owned banks have been made clear for the coming year (starting March 21), IRNA reported…
Central bank officials have expressed concern over the recent acceleration of commercial banks lending, saying it might lead to higher inflation. Economic experts, however, believe that the…
The private banks have fiercely slammed the new sample bank charter, recently issued by the Central Bank of Iran (CBI), suggesting private banks to sell 20 percent of their shares to the…
The official rate of the US dollar broke above 27,800 rials on Wednesday, bringing down its gap with the market rate to under 6,500 rials.
On Ferdowsi Street – the center of currency trade…
Sarmayeh Bank's shares opened for trading on Wednesday, after being closed for eight months, Bourspress reported. The bank is listed in Iran Farabourse over the counter market. Its trading was…
Technological advances in recent years have led to the growth of high-tech industries which have direct impact on the economy, particularly in developed countries. High-tech sectors and …
AAccording to official statistics released by Iran Customs Administration (IRICA), Iran’s iron ore exports have decreased substantially, reaching around 0.02 million metric tons in January from 1.…
As Tasnim News Agency reported on Wednesday, 1.09 million cars were manufactured in the country in 2014, recording a 46.7% growth compared to 2013. According to the latest report published by the…
More than 80,000 metric tons of different soft commodities were offered in Iran Mercantile Exchange on Tuesday, IME’s Public Relations and Foreign Affairs reported. According to the report, the…
In a meeting between the ministry of industry, mine, and trade and steel manufacturers, it was decided that 10-20 percent duty will be imposed on the import of steel products, in a bid to protect…
A report by the ministry of industry, mine and trade indicates that while the total number of permits issued by the ministry in the first ten months of the current Iranian year (to end March 20)…
Currently, there are 88,000 suspended industrial projects across the country, with progress ranging from 1 to 90 percent, IRNA quoted deputy minister of industry, mine, and trade, Mehdi Danesh-…
According to official statistics released by the ministry of industry, mine, and trade, 80 mine discovery certificates were issued during the 10th month of the current Iranian calendar year (…
