The dominance of foreign brands in Iran’s apparel market, mostly through smuggling, has undermined domestic production over the years.
In the hope of boosting domestic production and…
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>
Tehran Stock Exchange’s main index gained 281.40 points or 0.34% to end Tuesday trade at 83,733.5.
About 755 million shares valued at $54.76 million changed hands for the day.
…
The twin banking reform bills devised by the government are now being assessed in Majlis Economic Commission and will be ratified in open sessions by December, a member of the commission…
In his latest directive to the chief executives of banks, Governor of the Central Bank of Iran Valiollah Seif has laid down guidelines on how to spend any absorbed foreign finance to optimally…
President Hassan Rouhani’s Cabinet has allowed the Central Bank of Iran to engage in negotiations and sign the “agreement of the host country” required for the ECO Trade and Development Bank to…
Tehran Stock Exchange’s main index added 106.90 points or 0.13% to end Monday trade at 83,452.1.
About 856 million shares valued at $57.71 million changed hands for the day.
…
Investing in stocks is an inherently risky business and it is the promise of sweet returns that attracts capital. In Iran, however, the risks are on a different plane of existence. They are…
An institutional stakeholder in Bank Mellat is scheduled to offer a 1.63% stake in the bank in a block sale on Wednesday. Mehr 78 Group, which also owns 3.4% and 2.3% stakes in Tejarat and…
The Ministry of Industries, Mining and Trade is considering the introduction of new contracts similar to Iran’s new oil deals for handing over Iranian mines to foreign investors for…
As if the recent gold rally was not enough of a surprise, the precious metal continued to gain in strength in Tehran's market–this time fueled by the Central Bank of Iran's decision to get…
The National Development Fund of Iran, the national sovereign fund established in 2011, has published a comprehensive report on the first five years of its activity up to March 20, 2017.
…
Bank Mellat and Iran Medical Council have signed a memorandum of understanding with the aim of improving bilateral cooperation and increasing banking ties.
Celebrities are followed by many people so it makes sense that there is a strong allure among marketers to enlist one to pitch their product.
On the other hand, intense promotional…
Following a 105-day hiatus, the Securities and Exchange Organization reopened the shares of SAIPA, Iran’s second largest automaker, for trading on Sunday after the Tehran Stock Exchange-listed…
American politicians love to hurl economic sanctions at governments they don’t like, but the current labyrinth of sanctions is so complicated that it has unintended consequences.
This…
Iran has discovered a new iron ore deposit in Yazd Province, which is estimated to be about 2 billion tons with 70% iron content, the head of Yazd Industries, Mining and Trade Organization said…
Bank Keshavarzi Iran, state-owned bank specialized in financing agriculture sector, has linked up with a number of major Russian lenders including Sberbank, Gazprombank and Transcapitalbank,…
The Center for Strategic Studies, affiliated to the Presidential Office, has published a report that proposes 10 strategic measures for the housing sector to achieve prosperity without…
The US dollar once again gained against rial in Tehran’s both open and official exchange markets on Saturday to maintain its uptrend against the Iranian currency.
Bank Melli Iran, the nation’s biggest lender, is ramping up efforts to teach anti-money laundering principles to its staff. “A total of 1,200 Bank Melli staff members have completed full online…
Saturday was the implementation day for the Central Bank of Iran’s latest major directive on bank interest rates, which has already created a momentum in the banking system as lenders are…
Tehran Stock Exchange’s main index gained 155.30 points or 0.19% to end Saturday trade at 83,428.2.
About 434 million shares valued at $61.64 million changed hands for the day.
…
One of the main hurdles in the way of real privatization in Iran is the existence of semi-private companies that emerged during the flawed privatization process of the not-so-distant past.
Khouzestan Steel Company exported more than 1.22 million tons of steel products in the first five months of the current Iranian year (started March 21), registering an 81.4% increase compared to…
For the second time this year, a group of shareholders of Electricity Meter Manufacturing Company staged a protest in front of the building of Tehran Stock Exchange on Saturday morning. The…
