The governor of the city of Bam in Kerman Province has proposed the establishment of a bourse for trading dates to help farmers market and sell their products better. “Bam is one of the leading…
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.
A lawmaker has opposed the proposal to establish a real-estate bourse in Iran, saying it would further destabilize the already sluggish housing market.
Ebrahim Nekoo, who serves on the…
Bank Saderat has opened a 662.93 trillion-rial ($20.3 billion at market exchange rate) credit line to finance six national development projects.
The final draft of a bill that seeks to reform the banking system will be given to the Cabinet for review soon.
The bill was drafted by the Ministry of Economic Affairs and Finance and the…
Non-performing loans, mammoth government debt to banks and capital assets of banks locked up in non-banking ventures are but a few reasons for Iranian banks to resort to lending from the Central…
Since September 2014 when the first construction fund, called Nasim, was established in Tehran, shareholders have achieved 9.3% in dividend growth, Donya-e-Eqtesad reported on Sunday.
Iranian workers are awaiting a decision by the government to increase housing allowance as part of their monthly salary.
“The proposal to raise the allowance has been sent to the Cabinet…
A s the Greek debt crisis reaches a crescendo, questions remain as to how the country found itself in its current dilemma.
Seven Iranian banks are connected to SWIFT, the international interbank messaging network, offering their clients a window to the global banking system, said the vice governor of the central bank…
Iran has $5.21 billion in foreign debt, and some $245 billion are circulating the economy, central bank statistics show. The country had $428 million in short-term debt and $4.78 billion in long-…
A Chinese financing company has agreed to invest in Semnan Province’s mining sector, Mehr News Agency quoted the head of Industries, Mining and Trade Organization of the northern province, Behrouz…
Stock prices were oscillating between gains and losses at Tehran Stock Exchange on Saturday, with TEDPIX inching up 56.41 points or 0.08% to stand at 66,817.8 at the day’s close.
After the…
Policymakers and economic architects have lately expressed increasing interest in establishing a real-estate bourse. In their design, such a bourse would be mediated by the stock market,…
Eighteen new mines were discovered and readied for exploitation in Khorasan Razavi Province in the first quarter of the current Iranian year (started March 21), said the head of Industries, Mining…
The market for medicinal herbs, a multi-billion dollar industry throughout the world, remains largely untapped in Iran despite availability of a wide range of herbal plants.
A money market analyst has warned about the inflationary effects of the mammoth government debt to the banking system, saying it was creating a dangerous situation, resulting in an explosion of…
Even as talks to conclude a comprehensive nuclear deal between Iran and the six world powers have entered what amounted to triple overtime, negotiators in Vienna, Austria, continue to convey a…
L ender Mellat has the lowest ratio of non-performing loans among Iran’s largest banks, state-owned IRNA reported.
Mellat Bank has the top spot in terms of lending efficiency and salvaging…
The governor of the Central Bank of Iran once again warned the public of the consequences of depositing in unauthorized credit institutions. “It is absolutely clear that there are doubts about the…
Iran could soon become a full member of Shanghai Cooperation Organization, Russia’s foreign minister said on Thursday.
Sergei Lavrov was speaking at the joint SCO/Brics summit, a day after…
Head of the United Arab Emirates’ Jebel Ali Free Trade Zone says his country will not wait for a comprehensive nuclear deal between Iran and the P5+1 group to expand economic relations with Iran…
A report by the Ministry of Industries, Mining and Trade indicates that $154 million worth of flat-rolled non-alloy steel and iron products were exported in the first two months of the current…
Esfahan Steel Company says it is investigating the cause of a rare incident in one of its converters, which left three workers dead and at least six others injured, reportedly due to splashing…
Iran Tractor Manufacturing Company has reported decline in domestic sales in the absence of banking loans for customers, IRNA reported. “The company has focused on exports to African countries to…
Optimism about a historic momentum in Iran's economic perspective led to a massive weekly surge at Tehran Stock Exchange, which helped TEDPIX to soar 1,900 points or 2.96% during the week that…
