CEOs of three Italian steel and aluminum giants have proposed investment in Iran’s steel and aluminum sectors. This was announced by their heads in a meeting with Deputy Minister of Industries,…
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.
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E conomists who believe in, and promote the theory of, boosting the housing industry as one of the effective tools to ease the long recession have criticized the new government’s stimulus package…
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Iran welcomes the entry of foreign banks and their role in promoting banking technology advancement in the country, the Central Bank of Iran governor, Valiollah Seif, said Tuesday. Iran respects…
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Lawmakers announced plans on Tuesday to address the problems facing Parand and Pardis cities’ – parts of the controversial Mehr Housing scheme in Tehran--, in cooperation with the ministries of…
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As the western sanctions on Iran are getting out of the way, the sole funneling agency for India’s oil trade with Iran during the restricted period since 2012, is looking to expand business…
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Iran Mercantile Exchange’s industrial and mining trading board witnessed the supply of 176,000 tons of bloom ingots by Khuzestan Steel Company at the base price of $0.33 per kilogram on Tuesday.…
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Tehran Chamber of Commerce, Industries, Mines and Agriculture and the Union of Bavarian Economy signed a memorandum of understanding following the opening of the German southeastern…
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Container throughput at Iran’s ports should grow by up to 25% per annum over the next five years, as a confluence of benefits is realized from the expected relaxation of sanctions, a senior Iran…
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Local insurance companies have mobilized to help reduce road accidents and thus reduce their mounting losses due to the increase in the number of claims by policy holders, the head of Iran Insurer…
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Capital Intelligence (CI), the international credit rating agency, announced on Sunday that it has upgraded Iran’s Long-Term Foreign and Local Currency Ratings to ‘B+’ from ‘B’, and affirmed…
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As the inflation rate continues to decline, analysts and senior government officials, including President Hassan Rouhani and the Governor of the Central Bank of Iran, Vailollah Seif, have echoed…
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Less than 10% of the housing units are presently covered by insurance but farmers’ insurance has not materialized yet, said Mohammad Farid Latifi the secretary of Iran’s National Conference on…
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The Central Insurance of Iran company’s department for reinsurance is planning to expand to a separate entity under a ‘Iranian national reinsurance company’.
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Tehran Stock Exchange’s main index TEDPIX shed 87.00 points or 0.14% at Monday’s close to settle at 62,855.7.
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Iran Mercantile Exchange’s industrial and mining trading board witnessed the offering of 100 tons of lead ingots of 99.98% purity by Zanjan Sazand Rooy Company with the base price of $1.9 per…
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A total of 7.048 million tons of crude steel were produced during the first half of the current Iranian year (March 21-September 22, 2015), indicating a 1.8% decrease compared to last year’s…
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What do you do when you fall into a pit full of mud? Wipe the mud off your face with your muddy hands first, or do you start climbing without hesitation? The answers to crises are rarely simple.…
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A delegation from Belgium’s Port of Antwerp visited Iran in late October on a contact-building mission with officials in the shipping and commercial sectors, the latest in a long line of port…
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Governor of the Central Bank of Iran, Valiollah Seif, has defended the government’s recent stimulus package, saying his bank is cautious about any inflationary effects the policies could entail.…
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The minister of roads and urban development elaborated on the status of the sluggish housing market, the ministry website reported.
“Up until now 12% of bank loans have been allocated to…
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The High Council of Architecture and Urban Development is considering a plan to ban construction of high-rises on land smaller than 5,000 square meters, the deputy minister of roads and urban…
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Exploration operations are underway in Sangan Mineral Zone, located in the northwestern Khorasan Razavi Province, says deputy head of Geological Survey of Iran, Behrouz Borna, adding that gold,…
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A recent fall in demand for a wide range of commodities mostly related to the construction sector has caused a considerable rise in the inventories of companies listed in Tehran Stock Exchange.…
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An investor holds his face in his hands while eying stock quotes on one of Tehran Stock Exchange’s information boards above the trading floor. Quote after quote prices are falling, more often than…
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The National Iranian Copper Industries Company supplied 1,000 tons of copper cathode with the base price of $5.1 per kg, 1,000 tons of copper wires with the base price of $5.3 per kg, 20,000 tons…
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