More than 400 companies from Iran and 18 other countries, especially from Europe, will attend the 13th International Exhibition of Accessories, Furniture’s Machinery and Equipment, and Related…
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.
Head of Iran’s Judicial System has agreed to the establishment of a prosecutor’s office that would only attend to financial and monetary cases in Tehran, Banker reported, citing Abbas Jafari…
The Rouhani administration has paid in cash parts of the debt of the previous administration to lenders. Payment in cash is unprecedented as governments usually pay their debt by transferring…
M utual funds will be exempt from all taxes and duties from March 21, the parliament decided, as a means to boost the investment industry.
The bill which was ratified by the parliament is…
The number of bounced checks has been increasing in recent months and at the end of the first nine months (December, 21, 2014) more than 4.5 million checks reportedly bounced, showing a 20.4…
All domestically-made gold and jewelry artifacts are now sold with certificates of authenticity, head of the National Gold and Jewelry Union (NGJU) said on Sunday.
Iran’s released assets are under full central bank control, said the bank’s deputy governor, and having the funds abroad makes it easier to use.
At a recent meeting of women small business owners in central Tehran one new businesswoman mentioned how she has struggled to find small business loans to fund her new enterprise. This…
Iran is no longer using the US dollar in its foreign trade as direct exchanges are used with its main trading partners, according to the Central Bank of Iran’s deputy governor.
Bank Tejarat, an Iranian commercial bank, will pursue legal action until its European assets are released, said a bank’s top official on Saturday.
The bank official’s statement came after…
The ministry of economic affairs and finance has recently released an official report clarifying that Tehran Municipality is in debt to the banking system by several trillion rials. The report…
Over the course of 2015, Iran’s insurance sector will post steady, double-digit growth, analysts predict.
Many state-owned commercial lenders are in an alarming state, as they hold high levels of toxic debt on their balance sheets. The growing amount of overdue loans of some commercial banks is…
Cars will only be imported through the official representatives of foreign carmakers whose licenses have been registered in the ministry of industry, mine and trade, according to a recent…
The World Steel Association has introduced Iran as the world’s 14th biggest producer of steel in its latest report.
According to the report, Iran’s crude steel production totaled 16.33…
The Iran Mercantile Exchange saw more than 181,000 tons of various commodities on the spot market on Saturday’s trading, IME’s Public Relations and Foreign Affairs Office reported.
Cement factories will resume production of clinker as of February 13, ILNA cited the secretary of Iran’s Cement Industry Employers Association as saying on Saturday.
Tehran Stock Exchange (TSE)’s losing Streak continued on Saturday to drag down the TEDPIX to 16-month record low; however Persian Gulf Petrochemical Industry Company (PGPIC)’s creation units…
India's giant steelmaker Steel Authority of India Limited (SAIL) has proposed to set up a 2-million-metric-ton integrated steel plant in Iran, which is estimated to cost nearly $1.62 billion. The…
Iran Central Iron Ore Company (ICIOC) is now producing its planned target of 8 million metric tons of iron ore per annum, says the managing director of the company. Mohammad-Javad Askari told IRNA…
Ghadir Investment Company has announced investments worth $2 billion in in the Persian Gulf island of Qeshm, IRNA reported.
Gholamreza Soleymani, the general manager of Ghadir Investment…
An Asian delegation including representatives of companies from the Philippines, Indonesia, and China have expressed their willingness to invest in Iran’s mining sector, IRNA reported.
Around $200-million has been invested in Kahnooj titanium mine, IRNA quoted the head of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) as saying in the…
Stocks kept losing ground during the week ending January 21, with the wobbling economy weighing both on the investors, and speculations over the performance of listed companies at the Tehran Stock…
The 100-year-old leather industry in Iran is facing a multitude of challenges ranging from out-dated machinery to high tariffs on import of new machinery and raw material, lack of investments, and…
