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.
July 21, 2023 18:51
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July 31,2018Westminster Group PLC has made progress in implementing the contract for supplying security equipment at an airport in Iran. The $24 million contract was put on hold following the US withdrawal... -
July 31,2018Exports by the Islamic Revolution Mostazafan Foundation hit nearly $900 million (including revenues from tourism industry) in the last fiscal year (March 2017-18), registering a 45% rise compared...
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July 31,2018Stocks extended their four-day rally on Tuesday, as both Tehran Stock Exchange and Iran Fara Bourse registered their highest-ever single day growth. TSE's main index TEDPIX surged 4,414.07 points...
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July 31,2018Iran's sovereign wealth fund entrusted $15 billion in foreign currency resources to state-run and private banks in the first four months of the current fiscal year (March 21-July 22). The latest...
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July 30,2018Iran’s banks and credit institutions allocated a total of 50 trillion rials ($1.13 billion) to knowledge-based firms in a little more than one year, the Central Bank of Iran announced. A recent...
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July 30,2018The government has given the go-ahead to Road Maintenance and Transportation Organization to issue 6 trillion rials ($136 million) of Islamic debt securities to finance its operations. The Economic...
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July 30,2018Tehran Stock Exchange’s main index gained 2,903.72 points or 2.55% on Monday to end trading at 116,756. About 2.08 billion shares valued at $125.11 million changed hands at TSE for the day....
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July 30,2018A conservative figure, who in the past voiced pessimism toward cryptocurrencies, has admitted that the decentralized phenomenon will “probably” be legalized in Iran in the foreseeable future. “The...
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July 30,2018Abdolnasser Hemmati, the newly-appointed governor of the Central Bank of Iran, said the ongoing volatility in the currency and gold markets is "unusual" and a byproduct of "enemies' conspiracy". ...
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July 30,2018A total of 2.48 million tons of finished and semi-finished steel products were exported from Iran during the first three months of the current fiscal year (March 21-June 21) to register a 24.6%...
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July 30,2018MMK, one of Russia’s largest steel producers, has stopped deliveries to Iran against the backdrop of...
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July 30,2018Tehran Prosecutor Abbas Jafari Dolatabadi said investigators in a high-profile probe to crack down on suspected fraud in the gold coin market have traced the means to fund the 30 largest coin...
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July 29,2018The top 50 gold coin dealers have been identified and introduced to the Iranian National Tax Administration, as part of a tax evasion inquiry at a time of high volatility in the gold coin and...
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July 29,2018Foreign Minister Mohammad Javad Zarif attended his third high-level meeting with private sector representatives in recent weeks and renewed his support for the sector to combat US sanctions, the...
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July 29,2018Out of Tehran Stock Exchange’s 326 listed companies, the three largest in terms of market capitalization are Persian Gulf Petrochemical Industries Company, Mobarakeh Steel Company and Pars...
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July 29,2018Some 453 tons of chewing gums worth more than $2.18 million were exported from Iran during the first three months of the current Iranian year (March 21-June 21), figures released by the Islamic...
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July 29,2018Iran exported more than 15.32 million tons of mineral products worth over $2.83 billion during the first quarter of the current fiscal year (March 21-June 21), down 12% in tonnage and up 16% in...
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July 29,2018Newly-appointed governor of the Central Bank of Iran, Abdolnasser Hemmati, met with the chief executives of banks and credit institutions to review challenges facing the banking system and carve...
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July 29,2018The US dollar's rally in the unofficial foreign exchange market, along with other major currencies, is gaining in intensity. Iranian currency hit a record low on Sunday at 100,000 rials to the...
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July 29,2018Tehran Stock Exchange’s main index gained 1,974.35 points or 1.76% on Sunday to end trading at 113,852.3. The benchmark’s strong growth came after Saturday’s leap of 2.83% after it was reported...
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July 29,2018Twenty-three domestic companies have exported medical equipment to 55 countries, the director general of Health Ministry’s Department of Medical Equipment said. Reza Masaeli added that the main...
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July 28,2018As the negative consequences of the government’s policy in enacting a single exchange rate for the US dollar are becoming clearer, report from local media suggest that the government is finally...
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July 28,2018Of the 20 funds paying pension to retirees in Iran, 18 are bankrupt, a member of Majlis Social Commission said. Rasoul Khezri added that all the pension providers in Iran are in a state of...
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July 28,2018The Ministry of Industries, Mining and Trade has issued a directive mandating steelmakers to increase their supply to Iran Mercantile Exchange to reach the minimum volume set by the government, or...
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July 28,2018Investors can finally imagine the government loosening its grip on the foreign currency market without being called dreamers. And with the prospect of change on the horizon, stocks have jumped....
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