Iran’s semi-finished steel exports during the first five months of the current fiscal year (March 21-Aug. 22) stood at 2.7 million tons, up 89% year-on-year, according to the Iranian Steel…
Business And Markets
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Tehran Stock Exchange’s main index shed 209.60 points or 0.24% to end Sunday trade at 85,588.8.
About 994 million shares valued at $78.972 million changed hands for the day, TSE’s…
With the aim of bringing to a close the protracted and controversial Mehr Housing Project by the end of the current Iranian year (March 20, 2018), a considerable number of unwanted residential…
In its latest directive to the banking system, the Central Bank of Iran has amended regulations related to conditions based on which letters of credit and negotiable instruments are issued in…
Governor of the Central Bank of Iran Valiollah Seif said given the myriad of investment opportunities in various economic sectors, Iran has the potential to attract more than $3.5 trillion worth…
The chief executive of Oberbank–whose bank this week became the first major European bank to clinch a finance agreement with Iranian lenders–said the landmark deal can act as catalyst for…
Tehran Stock Exchange’s main index shed 33.40 points or 0.04% to end Saturday trade at 85,798.4.
About 1.736 million shares valued at $103.6 million changed hands for the day.
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The export of Iranian saffron bulb has been a hot topic of discussion in the local media for a long time, causing concern for many about the future of this valuable product.
About $3 billion were deposited into the Development Fund of Iran from oil and gas resources in the first quarter of the current fiscal year (started March 21), chairman of the fund’s board of…
The export price index snapped its two-month contraction and started to grow in the fifth month of the current fiscal year (July 23-Aug. 22), according to latest statistics released by the…
Gold coin prices are modestly down and hit a three-week low in late Tehran trading on Thursday. Bahar Azadi, the benchmark gold coin, changed hands for 11,970,000 rials ($307) in Tehran’s gold…
Roads and Urban Development Minister Abbas Akhoundi has announced that 260,000 people have so far applied for home loans by opening Housing Saving Accounts, which indicates that the scheme has…
Import prices for flat steel materials cooled down in Iran in the week that ended September 20, as some lower offers were heard in the market.
“Offers of [domestically produced] hot-…
The findings of the most recent National Population and Housing Census show the number of university and higher education institutes’ graduates increased by 51.5% from the fiscal 2011-12 to 2016…
Iran is expected “very soon” to approach India’s Exim Bank seeking disbursement of the first tranche of $150 million loan to fast-track the development of Chabahar Port.
Tehran Stock Exchange’s primary index TEDPIX gained 8,346.3 points or 10.77% during the first half of the current fiscal year (March 21-Sept. 22) to end at 85,831.8.
The over-the-counter…
In what were the first finance deals clinched with cautious European banks after the implementation of the nuclear accord provided sanctions relief in January 2016, Iran signed two agreements…
Denmark's Danske Bank signed a €500 million finance contract with 10 Iranian banks on Thursday, becoming the second European lender to ink such an agreement with Iran.
According to Iran’s budget bill for the 2017-18 fiscal year, the government is allowed to attract up to $55 billion in foreign finance, of which projects using $30 billion have already been…
In addition to the latest directive issued by the High Council of Insurance, which allowed general insurance companies to subsequently become specialized life insurance firms, the head of the…
Representatives of three Iranian banks met with their Croatian counterparts on Wednesday to discuss banking hurdles on the way of trade ties and ways of overcoming them.
Tehran Stock Exchange’s main index jumped 487.90 points or 0.57% to end Wednesday trade at 85,831.8.
About 1.01 billion shares valued at $74.65 million changed hands for the day.
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Iranian officials have said Afghan traders can get a 25% discount on investment at Chabahar Port, besides taking advantage of free land and other facilities.
Afghan traders can export…
Seven out of 24 memoranda of understanding between the Industrial Development and Renovation Organization of Iran and its foreign partners in the post-sanctions era have been signed into…
The government issued 35 trillion rials ($900.2 million) worth of Ijarah Sukuk on Iran Fara Bourse on Wednesday.
