As per the Iranian New Year’s state tradition, the motto for the current fiscal (started March 20) was announced by the Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei in his…
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.
The foreign exchange market recently went in a frenzy, with the rial losing its value against the US dollar on a daily basis.
The government had to intervene to bring back…
Tehran Stock Exchange’s main index lost 370.63 points or 0.38% to end Saturday trade at 96,779.9.
About 646 million shares valued at $27.66 million changed hands at TSE for the day.
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As Iran’s beleaguered housing sector continues to show signs of boom after five years of stagnancy and a majority of pundits predict a rise in home prices, Bank Maskan, the nation’s agent bank…
The Sixth Iran-Europe Banking and Business Forum is to be held in Tehran on April 28-29 at the five-star Espinas Palace.
The Central Bank of Iran, as part of its policy to adopt a long-term strategy in the gold market, has stopped the sale of gold coins with three-month maturities, local media reported on Sunday.…
The Central Bank of Iran has officially prohibited all financial institutions, including banks and credit institutions, from handling cryptocurrencies.
Two events focused on mining and construction are slated to be held in Kerman Province. The Sixth International Exhibition of Mine, Mining, Mining Industries Mineral Processing, Decoration…
Tehran Stock Exchange’s main index lost 771.53 points or 0.81% on Sunday compared to the day before to end trade at 94,494.3.
About 552 million shares valued at $29.35 million changed…
Iran has made tremendous strides in eliminating gender gaps in education and health indicators.
The Central Bank of Iran has focused on encouraging people to entrust their foreign currency banknotes to the banking system and according to the regulator’s director of the Department for…
Having entered a new era after the lifting of most sanctions in early 2016, Iran has aptly understood the importance of making endeavors for modernizing its financial and corporate sectors.…
The Central Bank of Iran expects gold coin prices to approach their real levels in the next few weeks, the director of CBI’s Office for Banknote Issuance said.
Governor of the Central Bank of Iran has provided further details about the new Forex Deals Integrated System, noting that it will reposition banks as the main market player, promote…
Tehran Stock Exchange’s main index lost 257.93 points or 0.27% on Saturday compared to the day before to end trade at 95,265.9.
About 552 million shares valued at $35.22 million changed…
Iraqi Acting Minister of Industry and Minerals Mohammad Shia al-Sudani and Iranian Defense Minister Amir Hatami signed a cooperation agreement on military industrialization in the Iraqi capital…
In its latest report titled “Short Range Outlook for 2018-19”, the World Steel Association (Worldsteel) forecasts that Iranian steel demand will increase by 5.5% to 21.05 million tons by the end…
More than 63.9% of Iranians are willing to purchase locally-made products provided they have satisfactory quality and reasonable prices, a survey conducted by Iranian Students’ Polling Agency…
As a Swedish business delegation met with their Iranian counterparts at the Tehran Chamber of Commerce, Industries, Mines and Agriculture on Wednesday, the ambassador of the Scandinavian nation…
Lawmakers have revised regulations for the ownership of non-governmental banks and credit institutions, which will remove ambiguities surrounding the ownership of these entities in the past.…
Iran’s banking system is now preparing a new credit card scheme for supporting locally produced goods, following a previous plan that failed to take off.
It is too soon to pass judgment on the administration’s decision to fix the US dollar’s exchange rate at 42,000 rials, the deputy economy minister for banking and insurance said. Abdolrahman…
Coming out of a relatively good year, Tehran stocks had a tumultuous month ridden with ambiguities in the first month of the new fiscal year, Farvardin (March 21-April 20).
TSE’s main…
A ferrochrome plant with a 60,000-ton per year capacity was inaugurated in Kerman Province’s Rafsanjan Special Economic Zone on Thursday.
Launched in the fiscal 2014-15, the…
Iran’s two major coal production companies had a total output of 675,808 tons of coal concentrates in the last fiscal year (ended March 20, 2018), indicating a 12% rise year-on-year, the Iranian…
