Iran’s exports in food and processing industries witnessed a 9.3% and 23.4% rise in value and volume respectively.
These exports rose to 923,000 tons worth $1.4 billion during the six…
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>
Esfahan Steel Company has posted strong growth in sales volume and value in the first half of the current fiscal year (March 21-Sept. 22), extending a continuously rising trend in its…
Tehran Stock Exchange’s main index gained 131.30 points or 0.15% to end Sunday trade at 85,394.9.
About 434 million shares valued at $27 million changed hands for the day.
…
US President Donald Trump’s Friday speech ended the greenback’s three-week rally in Tehran’s foreign exchange market where the value of the American currency rose to its highest level since…
Bank Melli Iran’s foreign exchange trading services, which include opening lines of credit and processing foreign exchange remittances for importing commodities, have registered respective year-…
Iran and Italy have held extensive negotiations since the nuclear accord was implemented in 2016 for the European nation to extend a major credit line to Iran and it seems that the wait may…
Iran’s stock market remained unfazed by US President Donald Trump’s Friday evening anti-Iran remarks and saw remarkable growth the next day.
Tehran Stock Exchange’s main index gained 519…
Iran’s two major coal companies produced 303,440 tons of coal concentrates in the five months since the beginning of the current fiscal year (March 21-Aug. 22), recording a 36% growth compared…
In line with Central Bank of Iran’s policy of ditching the US dollar in favor of the euro, Iran’s ambassador to Colombo has called on Sri Lankan banks to trade with Iran in the European Union’s…
The Informatics Services Corporation, a leading developer of banking and payment solutions affiliated with the Central Bank of Iran, has signed a deal with Russia's BPC to develop a national…
After the implementation of the historic international deal on Iran’s nuclear program in 2015, the country has managed to attract $14 billion worth of foreign investments, the head of the…
As Washington gets ready for US President Donald Trump to throw the first stone to kill the Iran nuclear deal, Iranians are trying to preserve their hard-won gains from the agreement.
The launch of the 1.5-million-ton/year expanded Saba Steel Plant and affiliated hot-rolled coil units in Isfahan Province has helped Iran’s largest steel producer Mobarakeh Steel Company…
Movements on all fronts, be they social, political or economic, move stocks one way or another, ranging from slight tremors to shockwaves based on the development’s magnitude.
Iranian Economy Minister, Masoud Karbasian along with the Governor of the Central Bank of Iran Valiollah Seif left Iran on Wednesday to take part in the autumn meetings of the International…
Three Iranian private banks, namely Saman Bank, Parsian Bank and Bank Pasargad, plan to open branches in India, of which Pasargad’s request is in the final stage of approval, India’s ambassador…
Iran has a risk potential of over $3 trillion that can be covered by insurance, the Central Insurance of Iran’s vice president announced.
“Not more than 30% of the risks in Iran’s…
Bank Maskan–as the agent lender of the housing industry–plans to fund the construction of 1.3 million houses in the next four years.
Announcing the above, Bank Maskan CEO Mohammad Hashem…
The Central Bank of Iran distinguishes between temporary fluctuations and long-term trends in the foreign exchange market and closely considers this in its decision-making to ensure forex…
Tehran Stock Exchange’s main index gained 9.70 points or 0.01% to end Wednesday trade at 84,744.1.
About 792 million shares valued at $35.353 million changed hands for the day.
…
Khazar Sea Shipping Lines transported a record high of 217,988 tons of cargo in the sixth Iranian month (ended Sept. 22), registering a 34.3% rise compared with the similar period of last year…
Minister of Roads and Urban Development Abbas Akhoundi believes that instilling a change in the outlook toward devising the housing policy and looking at life qualitatively, rather than…
Shortly after Iran and Turkey signed a draft of currency swap agreement, Governor of the Central Bank of Iran Valiollah Seif hailed the fact that the country has managed to reverse its banking…
Iran and Ghana discussed different aspects of expanding banking relations during a meeting between the CEO of the Export Development Bank of Iran Ali Salehabadi and the chief executive of Ghana…
The government spokesman has announced that the administration is against any irrational devaluation of rial against the US dollar since its policy is to manage the rates of foreign currencies…
