The average home price in Tehran continued to fall in the month to Aug. 22, according to data collected by Central Bank of Iran and Tenement Management Information System. Every square meter of…
Business And Markets
<p>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.</p>
About $700 million worth of paper and cardboards are imported every year due to significantly low domestic production, said the head of Printing and Publishing Office of the Ministry of Culture…
Most indices at Tehran Stock Exchange limped to a mixed close on Tuesday with the benchmark inching up 25.2 points or 0.04% to end a seesaw trading day at 64,251.
TEDPIX’s downbeat…
For years, the home appliance industry has been in dire straits and hit with various blows rendering it unable to live up to its potential.
The high inflation rate that brought about a…
About 150,000 tons of bitumen, sulfur and roof insulation were offered on Iran Mercantile Exchange’s export trading floor on Tuesday.
This summer Iran struck a nuclear deal with the US and other foreign powers. Now with sanctions on Tehran expected to ease, the United Arab Emirates-based firm RAK Ceramics is looking to boost…
In the 10 years since RAK Ceramics opened a $40 million tile manufacturing plant in Iran, the United Arab Emirates-based firm has racked up millions of dollars in losses, fired hundreds of…
More than 4.3 million tons of steel produced by Mobarakeh Steel Company during the seven months of 2015 indicate a 9% increase compared to the similar period of last year, says the company’s…
Tehran Stock Exchange’s main index dipped 241.5 points or 0.37% to stand at 64,225.8 on Monday. According to TSE data, the Price Index lost 95.5 points or 0.37% to settle at 25,389.2. The First…
Isfahan Steel Company offered various forms of steel sheets on Iran Mercantile Exchange’s industrial and mining trading floor on Monday.
The Ministry of Industries, Mining and Trade has finalized a comprehensive plan to combat smuggling, said Industries Minister Mohammad Reza Nematzadeh at a press conference held in Tehran on…
The recent US appeals court ruling to confiscate Bank Melli’s assets is not a “new issue,” bank’s CEO Abdolnasser Hemmati said, adding that the lender would pursue the matter through its…
Hadi Salehi Esfahani, an academic with Illinois University at Urbana, Champaign, has predicted that all major foreign currencies will lose some value against the rial in the medium run once Iran’s…
The government is moving ahead with the plan to launch a debt market through a cooperative partnership involving the Central Bank of Iran, Economic Coordination Council and Management and Planning…
The Central Bank of Iran will soon submit a report to the Money and Credit Council that seeks to make leasing interest rates competitive, a CBI official said on Sunday.
The parity rate of the Iranian currency rial against the US dollar weakened by 0.3 basis points at 1230 GMT on Monday. The dollar was traded at 34,090 rials in the morning hours but its value…
Seoul has done its best to lay a strong foundation for a prospective increase in trade and investment projects with Iran. It has convinced Tehran about its intention of being a reliable trade…
In the past two years since the government of President Hassan Rouhani took office, 4,301 industrial units have become operational in the industrial parks and zones across the country, creating…
Iran and Pakistan have always enjoyed robust political and economic ties, and considering Iran’s landmark nuclear deal with the P5+1, which will see the lifting of western sanctions, and the…
Tehran International Fairground will hold the 10th International Exhibition of Plastics and Rubber, Machinery and Equipment known as Iran Plast due on April 13-17, 2016.
More than 188,000 tons of goods were supplied on Iran Mercantile Exchange’s various trading floors on Sunday.
Governor of the Central Bank of Iran Valiollah Seif has announced a new shift in lending priorities toward services sector in a move to stimulate sales growth.
Seif, who was addressing a…
Construction activity in Iran has been down for more than two years. The government is looking for solutions to help stimulate both supply and demand sides in the real-estate market and …
Latest figures released by the Central Bank of Iran indicate that foreign currency reserves of banks and credit institutions grew 6.8% in the first quarter of the current fiscal year (started…
Clothing industry is set to leave behind the recent years’ recession resulting from inflation and fluctuations in foreign currency exchange rate, said the head of Iran’s Textile and Clothing…
