Tehran Stock Exchange’s main index inched up 34.90 points or 0.06% to settle at 62,923.9 on Sunday.
Over 313 million shares valued at more than $18.8 million were transacted to record close…
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.
Iran’s third largest steel producer is looking to use financial instruments to bolster its standing and ease sales and funding.
Esfahan Steel Company is in talks with Iran Mercantile…
Three steel plants with a combined production capacity of close to 5 million tons per year will be established in Arvand Free Zone, effectively making the FTZ the country’s steel production hub,…
Just as the slump in Tehran Stock Exchange enters third year, drug producer Tehran Chemie, whose shares are getting a test run on the TSE, has done phenomenally well with its shares soaring 187%…
The housing sector is languishing for a third consecutive year in recession with no respite in the foreseeable future.
Analysts like Hesam Oqbaei, head of Tehran Association of Realtors…
Tejarat Nou Insurance company will provide coverage for Iranian oil tankers in cooperation with foreign insurers, said the company’s CEO on Wednesday. Mehdi Sameri said his company plans to enter…
As the Central Bank of Iran is preparing to submit a report to the Money and Credit Council on another interest cut, a finance expert has called on the two monetary authorities to shift their…
Reviving banking and financial ties with Germany after the lifting of sanctions is a priority for Iran, Valliolah Seif, governor of the Central Bank of Iran said on Friday.
In a meeting…
A special committee for supervising interest rates will start work from Sunday Nov.22, announced Abdol Nasser Hemmati, head of the state-owned Banks’ Coordination Council on the sidelines of a…
The Federation of European and Asian Stock Exchanges held its 21st annual meeting last week in the central Iranian city of Isfahan.
Tehran Stock Exchange hosted the event for the third time…
To counter the slump in steel industry, Iran Steel Producers Association recently published a letter and called on the government for more support.
Signed by more than 120 major players of…
Tose'e Melli Mining and Industries Company is raising 1.62 trillion rials ($45.8 million at market exchange rate) through the first-ever sale of Estensa Islamic bonds in Tehran Stock Exchange on…
Iran Mercantile Exchange’s oil and petrochemicals trading board saw 45,323 tons of bitumen supplied by Pasargad Oil Company and 37,100 tons of the same commodity by Jey Oil Refining Company on…
The vice president of the Central Insurance company of Iran has detailed the performance of the insurance industry in addressing natural disasters.
Foreign exchange rates will remain the same in next year’s budget bill (2016-17) with the USD at 28,500 rials, said the government spokesman Mohammad Baqer Nowbakht, reported IRNA. He pointed to…
Imbalances in the demand and supply of foreign currency were and still are a big hurdle to unifying exchange rates, a financial expert says.
“The government needs sufficient forex reserves…
Iran and Turkey agreed to use national currencies for two-way trade, said Iranian Trade Promotion Organization’s Trade Services director on Wednesday. Farhad Nouri said the agreement aims to…
Iran is planning to rejoin the global financial markets and establish correspondent banks in Europe, promoting mutual gains for both sides, said governor of the central Bank of Iran on Thursday.…
A Georgian delegation unveiled plans to invest $15 million in four mineral exploration projects in the northwestern Iranian province of East Azarbaijan next year.
About 100 of Russia’s newest aircraft could be in service in Iran, according to Russian Deputy Prime Minister Dmitry Rogozin.
In response to the current slump in economic activity, the government has embarked on subsidizing consumption of durable goods and cars, along with easing monetary policy, by cutting bank reserve…
Iran's economy has the potential to grow by around 8% a year over time, once sanctions are lifted and the country repairs its relations with the international community, central bank governor…
A report by the Institution for Management and Planning Studies (IMPS) says the tight money market and slack demand are major challenges the economy is facing in the current calendar year (ends…
Customers have deposited 4.2 trillion rials ($ 140.5 million) in Bank Maskan’s special Housing Savings Account created for first-time home buyers, Mohammad Hasan Moradi, director of the bank’s…
Imposed interest rates oblivious to the economic realities gives uncertified credit institutions an undue advantage over their law-abiding counterparts, said Mohsen Jalalpour, head of Iran Chamber…
