The online retail development environment in Iran has been improving over the recent years, according to Reportbuyer, a leading industry intelligence solution company that provides all market…
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.
Amazon CEO Jeff Bezos has had the upper hand for sales of online goods for the better part of a decade now in the US, and with their bonus services like Amazon Prime and Amazon Air, the company is…
Mizan credit institution has been merged with Bank Saderat, according to Hamid Tehranfar, deputy governor for supervision in the central Bank of Iran (CBI).
Benchmark bullion coin, Azadi, halted its advance on Wednesday, while its sister Emami fell in line with gold edging down in the international arena. Azadi remained unchanged at 9,300,000 rials by…
The US dollar rose for the third consecutive day on Wednesday, carrying momentum from unsettling remarks from diplomats involved in the nuclear talks between Iran and the six world majors. The…
According to the Supreme Audit Court, the country’s two major iron ore mines, Golgohar and Chadormalu, owe 34.85 trillion rials to the government in accumulated debt over the years as mine royalty…
About 50,000 tons of iron ore, priced $17 per ton, was offered by Sangan Iron Ore Complex in Iran Mercantile Exchange (IME)’s the export trading floor on Wednesday.
According to IME public…
The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) recently initiated a national project to explore the potential rare earth element (REE) reserves and…
Stocks staged a broad rally at the Tehran Stock Exchange (TSE) at Wednesday’s close to compensate part of the huge losses incurred in the prior trading day, with the recently returned refining…
The Food and Agriculture Organization of the United Nations (FAO) has announced its preparedness to help Iran organize its data on agricultural land through a cadastral system, IRNA reported.
An Iranian bank registered in Russia has been announced as a new financial transit route for transactions between Iran and foreign countries, ISNA reported on Tuesday.
Mir Business Bank was…
The new loans provided by commercial banks in the 11 months to February 19 exceeded 2.91 quadrillion rials ($104 billion at official exchange rate), new data shows.
Foreign currencies extended their rally against the rial on Tuesday, ushered on by unsettling comments from diplomats engaged in the nuclear talks.
The rial retreated in the face of all…
The Central bank governor outlined his bank’s strategy and targets for the upcoming year (starting March 21).
Valliolah Seif told the press on Wednesday that his bank will continue its “…
In the upcoming year, a special list will be created of receivers of the point-of-sales (POS) terminals from commercial banks in a bid to identify who “lose” their devices, said Hamed Mansouri,…
The Money and Credit Council announced a uniform contract for all interest-free loans provided by Iranian banks across the country. The new form of contract will be used as of next year, the…
Iran Mercantile Exchange (IME)’s agricultural trading floor featured 2,500 tons of rice, 1,000 tons of chickpea, and 900 tons of corn offered by local suppliers on Tuesday trading. According to…
Iran is planning to implement projects aimed at mapping and exploring deep-sea mineral deposits in international waters, deputy head of the Geological Survey of Iran (GSI), Behrouz Borna announced…
A report by the Statistical Center of Iran indicates that the number of operational mines in the country increased by 2.4% in the outgoing Iranian calendar year (ends March 20) compared to the…
Major copper companies produced more than 728,600 metric tons of copper concentrate during the past 11 months of the outgoing Iranian calendar year (to end March 20), IRNA cited a report by the…
With the real estate transactions on the rise, analysts are divided on how this might impact housing prices in the upcoming Iranian year, which starts on March 21.
The national, and more…
Refineries’ comeback at the Tehran Stock Exchange (TSE) dramatically weighed on the benchmark at Tuesday’s close, pushing the overall index to nosedive to a new record low.
After almost a…
Many Iranians living in the United States, who are nationals of the Islamic Republic, are selling their US assets to increase the supply of US dollars inside Iran and help stimulate their country’…
A new report has highlighted the shifting trends in consumers’ habits in the Iranian electronics market.
The February report of Business Monitor International expects the consumer…
Foreign currencies pushed the rial back down on Monday, after a weak of gains for the Iranian currency.
The rial fell versus all major currencies and gold coins on Monday, as lower foreign…
