The governor of the central bank anticipated that the currency market will experience relative calm once Iran receives the first $700 million installment of its frozen assets, as part of the 7-…
Business And Markets
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.
Iran tops the new Islamic banking list, according to a new report. Iranian banks hold the lion’s share of Sharia-compliant assets - forty percent or $800 billion of the total two trillion dollars…
More than 50,000 metric tons of aluminum ingots were exported by Almahdi Hormozgan Aluminum Company during the first eight months of the Iranian calendar year (March 21-November 21), reported…
Croatia has expressed interest to fulfill its energy needs through cooperation with Iran’s energy exchange, a member of the central securities depository of Iran (CDS) told Securities and Exchange…
Around 232,000 metric tons of polymers, metals and agricultural commodities were traded on Tuesday at the Iran Mercantile Exchange (IME), IME’s PR and international affairs office reported.
Following the unprecedented stagnation in the domestic steel market during the past year, which put many steel manufacturing plants on the verge of closing, several major steelmakers now have…
After Iran and the P5+1 group of six world powers decided to extend their nuclear talks for another seven months hours before the self-imposed deadline of November 24, most of the skeptical…
The Middle East’s largest carmaker, Iran Khodro (IKCO), said it annually exports 20,000 automobiles to Iraq, IRIB News reported. Gholamreza Mehdizadeh, IKCO’s director of exports to Middle East…
Under the recent agreement between the Securities and Exchange Organization and the Iranian National Tax Administration, the SEO submitted to INTA the names of 84 listed companies at the Tehran…
Two Iranian banks have begun to finance a number of projects from the resources provided by Chinese funds, the head of Iran-China Joint Chamber of Commerce told Tasnim news agency on Monday.
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The rial fell against all major currencies on Monday. The US dollar gained the most versus the rial, advancing by 0.49 percent to 32,610 rials by 14:30 GMT. The euro and the sterling also…
More than 610,000 cars were manufactured during the first half of the current year, recording an increase of nearly 72 percent in comparison with the same period last year, Javad Taghavi Sabzevari…
Mobile phone use in Iran has long been an area of interest for the world’s mobile phone manufacturers and for tech industry experts alike. The country has one of the most tech savvy populations…
Tejarat Bank has announced that its customers can now do direct card-to-card money transfers through a new mobile application. As reported by Banker.ir, the new upgraded mobile app works for both…
The deputy minister for industry, mine, and trade said the ministry has agreed to the Iranian association of cement manufacturers and exporters’ request for including cement in the list of…
Around 100,000 tons of granulated iron ore, worth $31 per ton, was offered by GolGohar Mining and Industrial Company on the export trading floor on Monday, IME’s public relations and international…
The situation for the Persian hand-woven carpets is critical in terms of the value of exports. The number for the past Iranian year (ended March 20, 2014) stood at $314 million, the lowest in the…
Stocks at the Tehran Stock Exchange pushed the TEDPIX up, staging a broad rally at Monday’s close, amid positive expectations among investors on a possible comprehensive nuclear agreement between…
Iran Privatization Company (IPC) has announced that 100 percent of the shares of Damavand Petrochemical Company (DPC) will be offered through Iran Fara Bourse or over-the-counter (OTC) market on…
More than 440 foreign companies as well as 345 Iranian exhibitors will attend the 9th Auto Parts International Exhibition, due to be inaugurated November 28 in Tehran, reported IRIB News.
Importing agricultural products through Iran Mercantile Exchange (IME) could help set more realistic prices and also prevent the import of low quality commodities, Mohammad Moravej Hosseini, the…
The administration has proposed 13 trillion rials of royalty on minerals for the next Iranian calendar year’s budget, Mehdi Karbasian, the head of the Iranian Mines and Mining Industries…
Following a resolution approved by the Securities and Exchange High Council and a statement issued by the ministry of industry, mine, and trade, petrochemical and chemical products will be…
Almost 141,000 tons of various steel sections were offered by Isfahan Steel Company (ISC) on industrial and mining trading floor at Iran Mercantile Exchange (IME) on Sunday, IME’s public relation…
Tehran Stock Exchange (TSE) overall index hit a new peak on Sunday's close, after reports that Iran and the P5+1 may clinch a nuclear accord by Monday evening, a self-imposed deadline to reach a…
