No one is jobless in Kish Free Trade Zone, the unemployment rate in Qeshm FTZ (about 6%) is half the country’s average and the number of jobless is very low in Aras FTZ, the secretary of High…
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>
Iran Mineral Salts Company produced 139,755 tons of sodium sulfate during the first nine months of the current fiscal year (March 21-Dec. 21), indicating a 4% rise compared with last year’s…
Tehran's gold coin and currency markets heated up on Monday, with volatility showing no signs of abating and roiling the markets since a couple of weeks ago.
Three quarters of all Iranian financial technology firms are currently active in the payment sector, according to an electronic banking expert.
"But the big issue in the payment sector…
The National Development Fund of Iran has signed a new deal with the country’s eximbank to dole out 2 trillion rials ($46 million) of joint resources as loans to meet the working capital needed…
Majis Research Center–the in-house think tank of lawmakers–has sounded an alarm on the profligate use of the resources of the National Development Fund of Iran, the country's beleaguered…
Following a directive issued by the board members of Securities and Exchange Organization for all financial entities under its supervision, banks and non-bank credit institutions are barred from…
Iran exported some 68,000 tons of seafood worth $228 million during the eight months to Nov. 21, registering a 26% and 41% increase in weight and value respectively compared with the…
Tehran Stock Exchange’s main index gained 646.50 points or 0.68% to end Monday trade at 96,208.
The gains came after the benchmark lost 1,649.82 points or 1.70% on Sunday following new…
Companies and industries affiliated with Iran’s Small Industries and Industrial Parks Organization have exported $1.3 billion worth of commodities since the beginning of the current Iranian year…
Tehran Stock Exchange did well in 2017, posting growth on the back of a plethora of factors such as recovering macroeconomic indices, rising global commodity prices and a devaluing currency that…
The recent 200,000-rial ($4.66) increase in the rate of Bahar Azadi gold coin and the 30,000-rial ($7) rise in gold prices have followed the $28 hike for each ounce of gold in the world market,…
Majlis Research Center has forecast that the government will meet its import tax revenue target set in the 2018-19 budget, while predicting a higher foreign exchange rate and a significant…
The Export Development Bank of Iran has devised a package of incentives to support major exporters, entrepreneurs and manufacturers, the bank’s director for branch affairs and marketing…
The High Council of Free Trade Zones has announced that a draft version of regulations for the operation of international financial institutions (IFIs) in the zones has been devised and is…
Some 830,000 people are expected to enter Iran’s labor market in the next fiscal year (March 2018-19), 70% of whom will be university graduates, Government Spokesman Mohammad Baqer Nobakht said…
The bigger they are, the harder they fall.
Tehran Stock Exchange’s recent wild rush was bound to crash eventually, and new market-changing regulations coupled with protests over price…
Shahram Adamnejad has been appointed as the CEO of Imam Khomeini International Airport City Company by Roads Minister Abbas Akhoundi.
The minister assigned the new CEO to take action for…
The improved performance of Iran’s automotive industry this year, spurred by the removal of international sanctions in early 2016, had a positive effect on flat steel use and spiked consumption…
Tehran Stock Exchange’s main index lost 1,649.82 points or 1.7% to end Sunday trade at 95,561.6.
About 1.9 billion shares valued at $110.65 million changed hands at TSE for the day.
…
With too many irons in the fire, the government and the Central Bank of Iran do not seem to be in the mood for making tough decisions, especially in the foreign exchange market.
The Central Bank of Iran's governor, in his first public comments on Bitcoin, has urged Iranian investors to exercise caution in trading the popular cryptocurrency.
"CBI is also striving…
The funds attracted from the Eximbank of Russia will be mainly used for implementing infrastructure projects and not importing consumer goods, the director of the Organization for Investment,…
The newly-purchased ATRs by Iran Air, the country’s national carrier, have been covered by Iran Insurance Company, the company’s deputy for ships, aircraft and cargo insurance announced.
The average Producer Price Index in the 12 months ending Dec. 21, which marks the end of the Iranian month of Azar, increased by 9.7% compared with last year’s corresponding period, the latest…
