Business And Markets

The week’s trade at the Iran Mercantile Exchange (ended on December 17) recorded more than 412 and 76 percent hike in copper trade volume and value, respectively, IME’s public relations and…

The new chairman of the Securities and Exchange Organization, Mohammad Fetanatfard, has underlined tackling serious challenges facing the listed industries at the equity market as his main concern…

The 21st International Exhibition of Packing and Printing Machinery will kick off on December 27 in Tehran, reported IRNA. Over 450 companies from Iran and 15 foreign countries will attend the…

The total amount of the loans to be paid by the small industries guarantee fund to the manufacturing units will increase from the current 10 billion rials ($371,000 at official exchange rate) to…

Around 60 percent of Bank Melli’s funds are inaccessible, said the bank’s CEO Abdonnaser Hemmati, as he explained the cause for the blockage.

Melli has one quadrillion rials ($28.5 billion…

The dollar reached a 1-1/2 year high on Wednesday as stocks slipped further and oil prices sent investors scurrying for the cover of foreign currencies.

PC sales have declined by 2 percent in 2014, with sales remaining flat to slightly negative for the next five years, according to a new research document by the International Data Corporation (IDC…

In a joint letter to the Central Bank of Iran, the CEOs of public and private banks asked the CBI governor to intensify the bank’s supervision over the performance of banks and credit institutions…

The director of the National Development Fund of Iran (NDFI) rejected recent reports that the government has illegally withdrawn around $4.1 billion from the fund’s account.

The new chairman of the Securities and Exchange Organization (SEO) says he will throw his support behind stock market traders and activists in a bid to reinvigorate the first market.

Week’s last trading day saw various agricultural commodities listed on the board, including soybean meal, corn, sugar, and cubic sugar for being traded on the agricultural floor at the Iran…

Recent studies by the ministry of roads and urban development has revealed that housing price fluctuations in the past 17 months has been of a descending order. In fact, since its last climax of…

The Tehran Stock Exchange’s benchmark recorded a fresh record low within the past 14 months at Wednesday’s close, amid brittle economic state that has underscored the persistent shaky sentiment of…

More than 51,000 tons of aluminum ingots have been exported by Almahdi Hormozgan Aluminum Company since the beginning of the Iranian calendar year (March 21, 2014), IRIB reported on Wednesday.

Iran’s burgeoning startup scene took another step forward this week, with the 11th iteration of its business meet-ups. The event on Tuesday was held at Tehran University’s Technology campus in…

Iran is known by many as the new frontier in tech startups. The country is filled with unexplored possibilities and despite all the economic problems some tech savvy entrepreneurs are building…

The managing directors of Kish and Qeshm free trade zone organizations have signed a joint cooperation agreement with the Iranian National Standard Organization (INSO), IRNA reported.  

Bank Keshavarzi has opened a center of excellence for the financial empowerment of women, Banker reported. The center is affiliated to the Asia-Pacific Rural and Agricultural Credit Association (…

The minimum rate set for the dollar in the next year's budget might be subject to change, said Central Bank Governor Valiollah Seif on Tuesday.

The government set the rate of the dollar at…

Last week, the Iranian media reported the imminent replacement in the highest position of the Securities and Exchange Organization (SEO), the first such change in ten years.

More than 132 trillion rials worth of government securities have been transferred via initial public offerings (IPO) to the assignees since 2005 in accordance with the Article 44 of the…

The Tehran Stock Exchange (TSE)’s main index notched brief gains in a seesaw session on Tuesday, after the benchmark’s gains massively evaporated during the past three consecutive trading days.

Close to 50 grades of polymers were listed on board for potential customers on oil and petrochemical trading floor at the Iran Mercantile Exchange (IME) on Tuesday, IME’s public relations and…

Iran’s Mines and Mining Industries Development and Renovation Organization (IMIDRO) will jointly hold the International Iranian Iron & Steel Conference on Kish Island next May, reported…

President Hassan Rouhani addressed the 54th meeting of the general assembly of the Central Bank of Iran (CBI), which was held in Tehran on Monday.

Praising the banking system's efforts in…