Deputy minister of industry, mine, and trade, Mehdi Karbasian, says multinational mining firms from 15 countries have offered to invest in Iran's mining and mineral industries, Mehr news agency…
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 Angouran Lead and Zinc Complex exported 62,055 metric tons of ore to processing facilities in the first month of the Iranian calendar year; indicating 41% growth compared to the similar period…
Tehran will be hosting an international mining conference on May 31, announced deputy industry minister, Mehdi Karbasian on Wednesday. The 2-day ‘Iran Mines and Mining Industries Summit’ will be…
Officials from the Central Bank of Iran and the ministry of economy met on Wednesday with the CEOs of several commercial banks in Tehran to discuss banking reforms. The meeting, held in the…
A deputy manager of Moallem Insurance Company has rejected an allegation that his firm has failed to meet its commitments in covering losses for pensioners and recipients of life and retirement…
In a bid to boost business, commercial banks in Iran have been urged to increases the number of loans going to small and medium-sized enterprises (SMEs), said Ali Asghar Mir Mohammad Sadeghi,…
As nuclear talks between Iran and six world powers (P5+1) approach the final lap, Iran is preparing to restore banking links with the rest of the world after years of separation, but the process…
Gold coins rebounded from six-week lows on Wednesday, bolstered by dollar's gains in Ferdowsi Street – the center of currency trading in Tehran – and increased demand for the precious metal, while…
UK’s High Court has ruled that a $4 billion damages trial brought by Iran’s Bank Mellat against the Treasury should proceed after it rejected the UK government’s attempt to delay the hearing, the…
Close to nine billion dollars was raised through Iran's capital markets in the year ending March 21, 2015.
Legal experts have welcomed the establishment of specialized courts to tackle financial cases, saying a vacuum had been felt in this regard in the judicial system over the years.
Tehran’s…
An expert has supported the currency swap agreements the Iranian government has recently signed with several neighboring countries, arguing that they would benefit the national economy.
Barley is a common staple food and a popular cereal in many countries, surpassed only by wheat, corn and rice. The plant can be cultivated in most parts of Iran due to its adaptability with dry…
The rapid growth in aluminum output in the first month of the current Iranian calendar year (ended April 20) has brought hope that the country may graduate from the current 19th biggest global…
The Tehran Stock Exchange's benchmark notched up 0.39 percent at Tuesday trading, after the banking sector provided the biggest boost to the TEDPIX.
Around 57 percent of the companies…
First Vice President, Es’haq Jahangiri, inaugurated an industrial facility in the central Yazd Province on Tuesday, Mehr news agency reported. The factory produces steel radiators for central…
Tuesday trading at Iran Mercantile Exchange saw the offering of 36 grades of polymers in the spot market, IME public relations reported.
The Iran Fara Bourse (IFB) main index, IFX, extended its uptrend and notched up 10.22 points or 1.22 percent to stand at 729.65 on Tuesday trading to catch up with the Tehran Stock Exchange.
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The Central Bank of Iran can prepare new banking contracts to address religious concerns of all five branches of Sunni Islam, an official with the bank said on Sunday. “There is no…
With a debate heating up around fluctuations in the currency market and the need for unification of the foreign exchange rates, an administration official has argued that time is not right for…
All board members of Mizan financial and credit institution were detained by the police in Mashhad, Khorasan Razavi Province, after a judge ordered the arrests on Sunday.
Board members of…
Long caffeine fueled working hours, Armani suits, and fat bonuses. Investment banking is one of the more lucrative branches of financial services. In Iran, however, the business is just at its…
According to the ministry of industry, mine and trade, the production of aluminum ingots and anodes in Almahdi Company has been on the rise over the past four months, Mehr news agency reported.…
A number of investors in Iran’s equity market gathered in front of the building of Tehran Stock Exchange in Tehran on Monday to protest alleged insider trading, corruption, irregular launching of…
The Securities and Exchange Organization (SEO) is slated to slightly loosen the equity market's limit up-limit down price band and enhance transparency through monthly reports of the listed…
