In what is being called a major geostrategic initiative, China on Sunday inaugurated the two-day Belt and Road Summit in Beijing.
Business And Markets
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Esfahan Steel Company is seeking to lighten its debt burden by reaching a setoff agreement with the government, according to the company’s manager, Ahmad Sadeqi.
ESCO’s outstanding debts…
The Iranian Mines and Mining Industries Development and Renovation Organization organized a forum in Tehran on Monday to survey opportunities of cooperation between Iran and Latin American…
The Export Development Bank of Iran – the country’s Eximbank– has opened 30 accounts in major foreign banks besides having established 120 correspondent relations with major international…
The Iranian public will gradually begin to tangibly feel the effects of sanctions relief as a result of the nuclear accord, as all major industries register continued growth, the Central Bank of…
In order to expand business relations between Iranian and African investors and increase trade volume, African investors will attend a conference in Iran within two months, said an advisor to…
Bank of Industry and Mine plays an effective role in boosting industries across the country through financing various projects and creating many job opportunities by opening lines of credit worth…
The Central Bank of Iran will focus on managing banking interest rates and preventing a price war among other things for the four-year tenure of the next administration, the head of which will be…
The Fifth International Exhibition of Rail Transportation, Related Industries and Equipment opens in Tehran International Permanent Fairground on Monday and runs until May 18.
Dairy products had the biggest share in Iran's food exports in the last Iranian year (ended March 20, 2017).
Experts believe dairy products can play a considerable role in Iran's non-oil…
Esfahan Steel Company inaugurated its iron ore beneficiation plant last week.
According to ESCO’s deputy head, Hassan Zia, the beneficiation plant has a processing capacity of 200…
The Ministry of Roads and Urban Development plans to establish a transportation development fund by the end of the incumbent government’s tenure.
Tehran Stock Exchange’s main index lost 179.00 points or 0.22% to end Sunday trade at 79,963.0.
More than 960 million shares valued at $62.9 million changed hands for the day.
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The Central Insurance of Iran has finalized the assessment of insurance firms, selecting the top three companies during a conference on information technology and insurance, the Central Insurance…
One of the biggest hurdles of foreign investment is multiple forex rates since investors cannot be sure of the value of their investment when they intend to repatriate it out of the country, a…
The Central Bank of Iran has played a significant and effective role in implementing Basel II and III standards in the banking system, a board member of Bank Maskan said.
A number of foreign banks have submitted applications to set up branches in Iran, the Central Bank of Iran's deputy for foreign exchange affairs announced.
"These banks will be able to open…
Governor of the Central Bank of Iran Valiollah Seif has outlined four troublesome areas for the Iranian banking system and what is currently being done to effectively address them.
Shadegan Steel Plant’s direct iron reduction unit is scheduled to be inaugurated on Sunday by President of Iranian Mines and Mining Industries Development and Renovation Organization Masoud…
A total of 96,000 tons of goods were transited by road between Iran and Russia during the first three months of 2017, up 21.7% year-on-year. Russian trucks accounted for 83% of the overall goods…
The Iranian steel market’s demand for flat products is being met through imports, as local producers operate below production capacity.
Stating the above, Seyyed Reza Shahrestani, a member…
Iran’s largest steel producer, Mobarakeh Steel Company, has bought a further 16.1% stake in Mines and Metals Development Investment Company from a semi-governmental retirement fund.
The Iranian Mines and Mining Industries Development and Renovation Organization is organizing a forum in Tehran on Monday to survey opportunities for cooperation between Iran and Latin American…
Tehran Stock Exchange’s benchmark pulled higher 73.00 points or 0.12% to reach 63,000.4 at the Saturday’s close.
More than 600 million shares changed hands valued at $29.6 million to record…
Economic relations between Iran and Japan will enter a new phase after a planned $10 billion credit line is opened, said a senior assistant to the dean of Asian Development Bank Institute in Japan…
