Since women are avid buyers and manteaus and shirtdresses are worn all year round, one would expect the market to be thriving and producers rolling in money.
Yet businesspeople in the field…
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>
Over 15 million tons of cement were exported in the last Iranian year (March 2015-16), indicating a 20% decline compared with the preceding year’s corresponding figure, according to Abdolreza…
Nearly a third of Iranians work in the grey economy, Labor Ministry officials say.
It is a shift brought about by recession in the past half decade due to poor economic policy and sanctions…
Tehran Stock Exchange’s all-share index TEDPIX lost 475.60 points or 0.62% to end Tuesday trade at 76,630.4.
Significant losses incurred by heavy vehicles, mining and oil refining companies…
Khorasan Steel Complex exported a record high of 32,000 tons of steel products to Iraq, Pakistan, Afghanistan and Turkmenistan from February 20 to April 19 (the Iranian months of Esfand and…
Lawmakers on Tuesday passed a law, requiring all houses to be insured against natural disasters. They also approved a proposal for establishing a special fund specialized for covering losses…
The British Bankers’ Association (BBA) has circulated a note to members asking them to send senior representatives to a meeting with US Secretary of State John Kerry later this week.
The…
Tejarat Bank has agreed to provide banking services and loans to the Islamic Republic of Iran Shipping Lines. Mohammad Saiedi, head of IRISL, said that his company reviewed the performance of all…
Bank MelliHamburg branch has resumed its banking activities after international sanctions against Iran were lifted in January.
Central Bank of Iran Governor Valiollah Seif has urged parliament to suspend the controversial banking reform bill due to be debated by lawmakers in the coming days.
Behrooz Bonyadi…
The government is preparing a lawsuit against the US at the International Court of Justice over a US Supreme Court ruling which would transfer over $2 billion in frozen Iranian funds to American…
Mushroom production is more often than not advertised as an easy investment opportunity that can, just like fungi, produce fruit in no time and allow the producer to benefit from its lucrative…
Based on an agreement signed between Tehran and Algiers, Iranian private sector companies are to build 100,000 housing units in Algeria in the next five years, says secretary-general of…
Tehran Stock Exchange’s primary index TEDPIX inched up 60.70 points or 0.08% to close at 77,106 on Monday, posting its first uptick after seven losing days.
Large-cap telecoms and mining…
Iran aims to become the world’s sixth largest manufacturer of steel, as per the goals set in the 20-Year National Vision Plan (2005-25).
The plan has stipulated the annual production of 55…
David Lipton, first deputy managing director of the International Monetary Fund, will soon visit Tehran for talks with senior officials. He will be heading a delegation of five IMF officials…
Governor of the Central Bank of Iran has reemphasized the necessity of autonomous decision-making power of his bank in order to develop efficient monetary policies.
According to a decree passed by the Cabinet last month, 51% of Post Bank’s shares will remain in the hands of the government. Given the government’s responsibilities to provide banking services to…
Building-materials giant Kingspan has made an investment in Iran, seeking to take advantage of future upgrades in the country’s airport infrastructure.
Kingspan’s chief executive, Gene…
The research director of Monetary and Banking Research Institute has expressed concern over high ‘real interest rates’ which is the result of incongruity between current interest rates and the…
As the controversial banking reform bill awaits debate in parliament, the chief executive of a major private lender contends that the measure needs to be fully discussed by all…
Iran Volleyball Federation announced Saturday that Day Bank will sponsor the national team during Asian qualifiers for the 2016 Summer Olympics in Rio de Janeiro. The private lender…
The Iran International Banking Forum 2016 will be held on May 17-18, in Frankfurt, Germany with a post–forum workshop on the 19th.
Over $7 billion worth of mineral products were exported in the last Iranian year (ended March 19, 2016), accounting for 21.6% of the overall non-oil export value, Iranian Mines and Mining…
Shares carried on with their downward momentum and fell for the second day this week on Sunday, though losses were less than Saturday.
Tehran Stock Exchange’s all-share index TEDPIX wiped…
