Head of Iran’s Gold, Jewelry, Silver and Precious Stones Producers and Exporters Association, Ebadollah Mohammad-Vali says Iran’s gold and jewelry industry could play an effective role in…
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 Iran Mercantile Exchange (IME) featured copper wire, copper cathodes, aluminum ingot, and various types of I-beams offered by local suppliers on the industrial and mining trading floor on…
Crude steel production in Iran registered a 6.1% growth during the first nine months of the current Iranian calendar year (ending March 20) compared with the similar period last year, according to…
Stocks at Tehran Stock Exchange (TSE) wavered between gains and losses on Monday’s trading; with unsettled investors remaining cautious amid ongoing lingering ambiguities surrounding the economy…
The minister of industry, mine, and trade, Mohammad-Reza Nematzadeh on Monday called for reducing the export of raw unprocessed copper, noting that it deprives the country of value added.
Bank Sepah has lost a considerable amount in deposits since it reduced fixed interest rates on deposits to the levels set by the Central Bank of Iran a couple of months ago.
Banks shall be required to set up special databases that would make it possible for authorities to have a closer look at banking operations, members of the parliament’s economics committee decided…
Years have elapsed since leasing firms got a foothold in Iran. Statistics indicate that around 600 companies under different names are operating in Tehran and all around the country while the…
B anker magazine recently covered an article on the use international debit cards in Iran, with the history of when their use was prevalent in society and where their usage stands today.
State-owned Iran Insurance Co. is expanding its activities in the petroleum industry as it fills the gap left by the inaccessibility to foreign insurers due to sanctions against Iran’s nuclear…
To avoid a shock in the real estate market, the Central Bank of Iran will not urge banks to provide mortgages worth 800 million rials ($29,000 at official exchange rate), CBI credit manager, Ali…
The Tehran Municipality says it will offer loans with no interest to buyers of electric motorcycles, IRNA reported. The City Bank, which is affiliated with the municipality, has announced that it…
A s the global steel market is projecting slower growth amid lower demand for the metal, the manager of a private Iranian steel company believes the manufactures should diversify their products to…
Lingering ambiguities at the Tehran Stock Exchange (TSE) pushed stocks to fluctuate during Sunday’s trading, with the benchmark limping to end flat.
After the TEDPIX’s rally on Saturday,…
The deputy head of Iran Mine House has slammed the recent decision by the parliament’s Integration Committee which requires all mines across the country to pay royalties in the coming Iranian…
The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has endorsed the participation of a South Korean company in new steel projects in the southern ports of the…
Fifteen new banks are likely to join Iran’s financial system in the next three years, said EN (Eghtesad Novin) Bank CEO Hassan Motamedi on Sunday.
Currently 30 banks are operating in Iran,…
A parliamentarian has criticized the Central Bank of Iran for having failed to restrain illegal banking activities in the past years.
To prepare the grounds for new recruits, Central Bank Governor Valiollah Seif has recently decided to usher out banking executives with the bank whose end of service terms has long been overdue.…
An Iranian technology company has told Financial Tribune that it successfully won a place at Seed Stars World competition in Geneva, Switzerland on February 4 to highlight their augmented…
The spokesman of the parliament’s economics committee on Sunday warned commercial banks against any involvement in money laundering scams.
“Commercial lenders must think beyond merely…
Farmers can receive loans of up to 200 million rials ($7,200 at official exchange rate) within 48 hours of filing their loan request in branches of Bank Keshavarzi (Agriculture Bank), said the…
The Competition Committee has been tasked with setting prices for imported cars, ISNA reported on Saturday.
The decision was made by the ministry of industry, mine, and trade in line with…
Initial Public Offerings of government-owned companies were worth more than 38 trillion rials ($1.1 billion) within the past 10 months, SENA reported. Close to 38.048 trillion rials ($1 billion)…
The deputy minister of industry, mine, and trade and head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), Mehdi Karbasian recently announced a national…
