The fate of Iran Air’s post-sanctions contracts with western planemakers depends on European’s reaction to US President Donald Trump’s expected decision to leave the 2016 nuclear deal, an…
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.
After an 18-month hiatus, Tourism Bank returned to trading on Iran Fara Bourse on Tuesday, making it the first IFB-listed lender to unfreeze its shares in the current fiscal year (started March…
Air France is cutting its Joon subsidiary’s service between Paris and Tehran to the summer season only, blaming a poor economic performance over two years in operation.
“Air France has…
South Africa-based multinational mobile telecommunications company MTN faces the risk of not being able to repatriate about R4.6bn ($363 million) from Iran if US President Donald Trump persuades…
Prices for Iranian steel billet and slab exports decreased in the week that ended on May 2, with customers targeting lower prices because of unstable conditions in the global billet market.
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Capital Intelligence Ratings (CI Ratings), the international credit rating agency, has announced that it has affirmed Iran's Long-Term Foreign and Local Currency Sovereign Ratings at 'BB-' and…
The number of permits issued for the construction of residential units both across Iran and in Tehran registered increases during the third quarter of the previous fiscal year to Dec. 21, 2017,…
Mellat Insurance Company, affiliated with Bank Mellat, has signed a contract with Munich Re, the biggest reinsurance company in the world, based on which the German firm will cover the entire…
Reports suggest that the planned merger of two lenders, namely Mehr Eqtesad Bank and Samen Credit Institution, with Ansar Bank will take place in the coming days. According to ISNA, Samen and…
Producer Price Index for the industrial sector in the four quarters ending March 20, 2018, which marks the end of winter, increased by 15.5% compared with the same period of last year, according…
Most Iranian breadwinners are working in the private sector, even though those engaged in the public sector work tend to earn more and are placed in higher income deciles.
Tehran Stock Exchange’s main index gained 0.04 points on Tuesday compared to the day before to end trade at 93,612.1.
About 625 million shares valued at $35.42 million changed hands at…
In market disruptions, one’s loss is usually another’s gain. This was particularly true for the aluminum market in April.
Carnage was unleashed on April 6 by the imposition of United…
In Iran, export prices for steel billet remained unchanged in the week that ended April 25, as buying activity slowed.
Prices in most global markets either held steady or…
The governor of the Central Bank of Iran has decried analyses linking the recent volatility in the foreign exchange market to past woes besetting the banking system.
A permanent currency commission has been set up by Iran Chamber of Commerce, Industries, Mines and Agriculture to address challenges facing the private sector in the wake of recent foreign…
Iran Mall, an all-Iranian monumental project slated to be one of the world's top five commercial and cultural complexes and the biggest in the Middle East, is to have its first of the two phases…
The 14th International Exhibition of Stone, Quarries & Related Industries opened in Isfahan Province on Monday. The five-day event will witness local and foreign companies showcase their…
Companies listed on Tehran's equity market had an average free float of slightly over 20% in the last fiscal year (March 2017-18), according to the latest market data released by Securities and…
A 4.06% stake in Iran’s largest steelmaker Mobarakeh Steel Company has been scheduled to be sold by Saba Tamin Investment Company on May 5.
The sale comprises 3.04 billion shares with a…
Chicken is the most consumed meat in Iran and with a chicken and egg output of over 3 million tons per year, the industry has played an important role in the country’s food security.
Producing half of the 550 million square meters per year of the domestic output of tiles and ceramics, Yazd Province is the production hub of these products in Iran, the deputy head of Iran’s…
Tehran Stock Exchange’s main index lost 218.57 points or 0.23% on Monday compared to the day before to end trade at 93,586.9.
About 578 million shares valued at $44.11 million changed…
A member of Majlis Economic Commission has called for more liquidity to be directed toward the housing sector, saying that although mortgage rate cuts are likely to help boost the sector’s…
The governor of the Central Bank of Iran acknowledged shortcomings in the government's new foreign exchange policy, promising that they would be addressed.
