Domestic steelmakers need to add value to their products and offer them at competitive prices to secure a place in global markets, the chairman of Iranian Mines and Mining Industries Development…
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.
Efforts to create a centralized foreign exchange market are coming to fruition. The regulator of Iran’s currency, the Central Bank of Iran, has finally agreed to the offering of foreign exchange…
Sweden’s visiting Minister of Enterprise and Innovation Mikael Damberg and the accompanying delegation held talks with several ministers and senior officials in Tehran on Sunday.
Iran's first mass production of checkered steel sheet, with a capacity of 200,000 tons per year, has been inaugurated in Mobarakeh Steel Company, announced Iranian Mines and Mining Industries…
The official exchange rate of the US dollar having crossed the 30,000-rial barrier is evaluated as a positive sign more so because the market exchange rate is experiencing an upward move.
The largest banking consortium in the country comprising five lenders has been founded to finance a gas processing plant along with four other banks.
Bank Mellat will soon launch four new branches in India, Italy, the Netherlands and Oman, Mellat’s chief executive said on Saturday. Ali Rastegar noted that his bank accounts for 25% of resources…
Iran and Sweden plan to enhance banking relations in the post-sanction era.
Governor of the Central Bank of Iran Valliolah Seif has expressed strong disapproval of the existing foreign exchange rates, saying the recent volatility in the forex market is transitional…
President Hassan Rouhani’s government has averted crisis, as the Iranian economy is going though its worst spell in contemporary history.
Iran Mercantile Exchange’s industrial and mining trading board witnessed the supply of 1,000 tons of copper cathode by National Iranian Copper Industries Company at the base price of $4.7 per kg…
The Iran-Turkey Trade Conference, described as one of the biggest joint forums of the two countries in recent years, was held on Friday in Istanbul.
The printing industry’s services are indispensable. Banners, advertisements and business cards are some of their products used by both business and laymen.
Tehran Stock Exchange’s main index shed 156.90 points or 0.25% to end Sunday trade at 62,420.2.
Over 621 million shares valued at more than $32.2 million changed hands in 28,871…
Interbank interest rates dropped to 21.5% in the second half of November from the 28% recorded in August, according to the Central Bank of Iran.
Active presence of foreign banks could help reduce transaction costs including lending rates that have increased exponentially over the past few years, a senior official with the Central Bank of…
The Export Development Bank of Iran has joined the Association of Development Financing Institutions in Asia and the Pacific, said an official with the bank on Saturday. Kazem Doust Husseini,…
Lending by commercial banks grew by about 5% to 6.53 trillion rials ($283.4 billion at the official exchange rate) in the first half of the fiscal year (ending March 20) compared to the similar…
The minister of economy has called for a competitive Iranian insurance sector saying a level playing field is the primary requirement for the enhancement of the insurance industry.
Iran Mercantile Exchange witnessed the supply of 14,000 tons of 6070 bitumen by Tabriz Oil Refining Company, Qaisar Jonoub Company, ISONAM Company, Ghiran Pakhsh Setareh Iranian Company and Jey…
Iran Fara Bourse is sometimes seen as a second-rate market in Iran. Its name garners less respect and recognition from politicians and the media than its older brother, Tehran Stock Exchange.
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Tehran Stock Exchange’s main index, TEDPIX, crawled up 27.10 points or 0.04% to end Saturday trade at 62,577.1.
More than 265 million shares changed hands in 25,000 transactions valued at…
China Railway Company is planning to build a high-speed rail link that will carry both passengers and cargo between China and Iran.
Iran Recycling Industries Union recently announced various investment opportunities in the recycling industry.
Polyethylene terephthalate bottle recycling was the top priority, as it…
Sistan-Baluchestan Province in southeast Iran is home to 3.6 billion tons of titanium reserves, says the chairman of the board of directors of Mokran Mineral Processing Complex. Jamshid Jahanbaksh…
