On the second and final day of the 5th Iranian Steel Market Conference (ISMC 2015) in Tehran, foreign companies held a number of workshops to introduce their services and products to the managers…
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.
Stocks rally at the week’s last trading day forced the overall index to recoup a small part of the recent massive losses at the Tehran Stock Exchange (TSE), with most of indices settling in green…
The Iran Mercantile Exchange (IME) featured various scrap commodities offered by the Islamic Republic of Iran Railways (IRIR) on Wednesday trading, the IME’s Public Relations and Foreign Affairs…
The 5th Iranian Steel Market Conference (ISMC 2015) opened in Tehran on Tuesday. The conference is aimed at studying the opportunities and challenges in the steel production chain from iron ore…
Mining royalties, a crucial challenge for the sector, have been reduced from 30% to 25 %, SENA reported on Tuesday. The decision was made in a meeting hosted by the parliament’s integration…
The Iran Mercantile Exchange (IME)’s export trading floor played host to almost 91,000 tons of various grades of bitumen offered by Jey Oil Refining Company on Tuesday’s trading, IME’s Public…
The Tehran Stock Exchange’s (TSE)’s overall index ended a sloppy session only slightly higher than its previous day, with the Mobile Telecommunication Company of Iran (MTCI) leading the gains at…
The ministry of mine, industry and trade and the Forests, Range and Watershed Management Organization signed an agreement last Tuesday to replace small scale mining with large scale mining,…
Regulations for issuing electronic wallets will be ready by the end of the current fiscal year (ending March, 21), said a senior banking official, paving the way for the transformation of Iran’s…
Russia and Iran plan to create a mutual account for bilateral payments in national currencies, RIA news agency quoted Mehdi Sanaei, Iran’s ambassador to Moscow as saying.
Talks between the…
A Tehran-based investment firm says it plans to launch Iran’s first exchange-traded fund tracking a stock market index, ahead of the possible lifting of international sanctions on the country,…
A top central bank official has confirmed speculation that the previous government and the bank were involved in illegal transferring of around $22 billion in foreign currency out of Iran between…
A top central bank official warned on Tuesday that the regulator has begun shutting down unauthorized bureaux de change in Tehran.
The bureaux shut down so far were located near Ferdowsi…
The Central Bank of Iran has designed a new version of the twenty thousand rial bill ($0.72 at the official exchange rate) and is planning to issue it in a few months, said Majid Saniei, head of…
In the not too distant future, MCI – Iran’s main mobile network operator – has a massive problem on the horizon which it so far appears to be brushing under the carpet. This problem which has been…
The world is moving fast towards tech-based services, banking included. Tech is changing the dynamics of financial services and Iran's shift to electronic banking is incomplete, as its banking…
A long-awaited bylaw seeking to boost supervision over the establishment and management of private credit institutions was approved after a six year delay.
The government on Saturday…
The 6th International Exhibition of Wood Industries will kick off at Tehran’s permanent fairground on February 1, IRNA reported. The organizers say at least 110 companies will showcase their…
The 5th Iranian Steel Market Conference (ISMC 2015) has opened in Tehran today. Participants include top officials from Iran's industrial circle, major domestic steel manufactures as well as three…
The benchmark slightly edged up at Monday’s close to overcome a shaky start, following two trading days that saw stocks wax and wane.
The TSE mid-day recovery was mostly contributed by the…
The Filipino ambassador to Iran has expressed his country’s willingness to set up steel and ferrochrome factories near the southern port city of Bandar Abbas, IRNA quoted the Iranian Mines and…
The industrial and mining sectors in Iran registered a 6% growth in the first half of the current Iranian year, after having recorded negative growth for two consecutive years, according to the…
The Iranian Hafiz Darya Shipping Company (HDS Lines) has been listed as the world’s 23rd largest shipping company in the latest report published by a leading Europe-based research organization…
The Iran Mercantile Exchange (IME)’s secondary market played host to 60,000 metric tons of used oil, 167 tons of scrap armatures, and 4 tons of barrels, which were offered by Islamic Republic of…
Tehran Stock Exchange (TSE) appeared to be rebounding with a steady early morning rally on Sunday; however, some of the gains were capped as the benchmark retreated at the end of trading hours.…
