The recent announcements about Charsou Bazar and Palladium Mall opening have prompted Iran watchers to examine, and re-examine, the quickly maturing shopping precinct industry within the country.…
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.
For the second consecutive day, retirees of the steel industry gathered outside the parliament building on Wednesday, calling for their overdue pensions to be paid, IRNA reported. The protesters…
Gas leakage in a glisonite mine in Shak Meidan region, 30 kilometers southwest of Gilan Gharb in western Kermanshah Province, caused an explosion, IRNA cited provincial governor Faramarz Akbari as…
The Tehran Stock Exchange (TSE)’s overall index tumbled at Wednesday close to record its fourth consecutive downtrend, though veteran investors garnered heavily devalued shares, with trade volume…
Based on the latest report released by the Iranian Steel Producers Association (ISPA), the private sector produced 1,615,350 metric tons of crude steel ingots during the first ten months of the…
The Protection of Computer Software Creators’ Rights Act was approved in Iran in 2000, but to date, it has not been fully implemented, head of Iran’s Software Exporters Association, Mohammad-Reza…
Iran Mercantile Exchange (IME) recorded a bustling trading day on Wednesday with a variety of commodities offered including 94,000 tons of agricultural products, 24,393 tons of chemicals, and more…
Commercial banks lent 2.7 quadrillion rials ($78.5 billion), during 10 months to Jan. 20, 2015, latest central bank data shows. Nearly 60 percent of the figure was lent to provide cash flow for…
The rial fell versus all major currencies and the Azadi gold coin on Wednesday, as reports of a phased deal over Iran's nuclear program taking shape, led investors towards foreign exchange.
The founder and head of Iran’s first private internet provider, Shatel Communications Group, has described the overall challenges and potentials of the Iranian telecommunications and internet…
Iran may replace its multiple exchange rate system with a unified one if economic conditions prove propitious, the economy minister said.
“Conditions for unifying foreign exchange rates…
The government has paid 3 trillion rials ($110 million at official exchange rate) of its debts to Bank Saderat Iran in cash, IRNA reported.
A former CEO of Eghtesad Novin (EN) Bank has questioned calls for cuts in reserve requirement ratio, saying the move could hurt the economy as it would add to money supply.
“The extra money…
Three new indices were unveiled at the equity market by the Securities and Exchange Organization (SEO) on Monday to give investors and portfolio managers access to more transparent information,…
The mining sector experienced a 10.5% growth during the first half of the current Iranian year (to end March 20), Shata news agency cited a deputy minister of industry, mine, and trade as saying…
Stocks at Tehran Stock Exchange (TSE) were wavering between gains and losses on Tuesday’s trading, with all indices pushing the TEDPIX to settle in red territory.
According to TSE data, the…
An airborne geological survey of the country’s entire area will be carried out within the next three years; ISNA cited the deputy head of the Geological Survey of Iran (GSI) as saying.
Permits for three credit institutions shall be issued by the end of the current fiscal year (March 20), Hamid Tehranfar, Central Bank of Iran (CBI)’s deputy governor said. The three institutions…
Last year (2014) was probably the best year in over a generation for Iran’s domestic airline industry. In fact, with the help of the interim nuclear agreement, and its offer of airplane parts to…
The Jiring service or electronic mobile wallet (M-Wallet) service has been designed by Mobile Communication Company of Iran (MCI) to enable certain banking transactions and e-shopping on mobile…
The Azadi gold coin rose for the third consecutive day on Tuesday, diverging from gold’s decline in the international arena.
Azadi advanced 0.51 percent to 9,800,000 rials by 13:09 on…
Mohammad-Reza Nematzadeh, minister of industry, on Monday criticized the Central Bank of Iran for pushing commercial banks to set aside large amounts of deposits, known as the reserve-requirement…
Although one of the most important factor affecting deposit and loan interest rates is the inflation rate, authorities must consider other issues while making policy, a banking official said on…
The soaring financial fraud cases in the banking system is due to the fact that the banking regulations are not upheld when providing loans, said Prosecutor General Ebrahim Raeisi on Sunday night…
Chabahar, the Iranian port city located in the southeastern Sistan and Baluchestan province, played a significant role during the 1980-88 Iran-Iraq war in providing certain commodities. The city…
