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.

  • FTZ Rules Revised
    First Vice President Es’haq Jahangiri has issued a directive to government agencies laying out the details of latest revisions to foreign currency and order-placement regulations in free trade...
  • Copper Concentrate Output  Grows 10%
    Major Iranian copper producers produced 413,739 tons of copper concentrate during the first four months of the current fiscal year (March 21-July 22), which indicates a 10% growth compared with...
  • TSE Fastest-Growing Stock Exchange in World
    Tehran Stock Exchange was the world’s fastest-growing stock market, the results of a survey conducted by TSE analysts who monitored the benchmarks of 17 global exchanges from March 21 to Aug. 8...
  • A three-day exhibition called ‘SME Iran 2018’ opened in Tehran on Sunday in a ceremony attended by Minister of Industries, Mining and Trade Mohammad Shariatmadari and Speaker of Iranian Parliament...
  • Iran’s Amendments to CFT Law, a Step in Right Direction – Part 2
    In the article titled “Amendments to CFT Law, a Step in Right Direction” published on Monday, Article 1 of Iran’s new CFT law was assessed against parts of the Financial Action Task Force's...
  • Turkey Ready to Trade With Iran in National Currencies
    Turkish President Recep Tayyip Erdogan announced Ankara’s readiness to refuse dollars and euros in the country’s trade with partners, including Iran.  “We are preparing to carry on trade in...
  • TEDPIX Gains 888 Points
    Tehran Stock Exchange’s main index gained 888.17 points or 0.69% on Sunday to end trading at 129,902. About 2.30 billion shares valued at $92.43 million changed hands at TSE for the day. Trading...
  • In Search of Economic Savior
    Everyone starts looking for that single savior of economy at times of crises and this time around, the search began right after the political and social developments of the second half of last year...
  • Int’l Coffee Festival Returning for Year Two
    Internationally speaking, the Iranian coffee community has fallen on hard luck. When the...  
  • Capping Bank Numbers on  CBI Agenda
    The Central Bank of Iran seeks to halt an increase in the number of banks and is open to merger proposals, a deputy governor of CBI said. “Based on the country’s large-scale policies, there are...
  • CBI Seeks Forex Stability
    The Central Bank of Iran released a statement assuring the public and businesses that the recent price surge in the open market is bound to abate, as CBI seeks to deepen the market with more supply...
  • A total of 6.28 million tons of slab, bloom, billet and ingot were produced during the period under review.
    A total of 15 million tons of iron ore concentrate were produced in Iran during the first four months of the current fiscal year (March 21-July 22) to register a 22% growth compared with last year’...
  • Major Copper Mine Plans Capacity Expansion
    Sarcheshmeh Copper Complex is planning to boost its copper concentrate output capacity from the current 600,000 tons to over 1 million tons by 2022, the company’s deputy manager, Mohammad Ziaodini...
  • Finance Deals With China, Russia Intact
    Finance agreements Iran signed with China and Russia after the 2015 multilateral nuclear accord are still valid, despite the US reimposition of sanctions against Tehran, an official at the...
  • A total of 3 million tons are set to be added to Iran’s current steelmaking capacity by the end of the current fiscal year (March 20, 2019).
    The Iranian steel industry was one of the main winners of the lifting of sanctions against Tehran in 2016. Now, with sanctions back in place, the industry’s future is at stake. The nuclear deal,...
  • TEDPIX Trades 1.9% Lower
    Tehran Stock Exchange’s main index lost 2,507.84 points or 1.91% on Saturday to end trading at 129,013.8. About 1.62 billion shares valued at $116.15 million changed hands at TSE for the day....
  • Bank Maskan Modifies Housing Finance Policies
    Bank Maskan, the agent bank of Iran's housing sector, has made several policy changes to address the ongoing turmoil in the domestic foreign currency market, which has led to a rise in home prices...
  • Cigarette Tax Revenues  Rise 59%
    The government earned 1.4 trillion rials ($15.21 million) from cigarette tax in the first quarter of the current fiscal year (March 21-June 21). The figure indicates a rise of 59.3% compared with...
  • Iran’s Currency Conundrum Affecting Afghan Economy
    Migrant workers squeezed into battered taxis pull into the Four Seasons of Freedom...  
  • NDFI Allocates $2.2b to Refinery
    The National Development Fund of Iran contributed $2.2 billion to help fund the Bid Boland Gas Refinery project in the city of Behbahan, Khuzestan Province, which the fund’s director says is nearly...
  • Iran's Guardian Council Approves CFT Law Revisions
    Iran's Guardians Council has approved the government bill ratified by the parliament earlier this year, which amends Iran's Combating Financing of Terrorism Law to make it compatible with standards...
  • Key Meeting on Cryptocurrency Plans
    Top officials from the Information and Communications Technology Ministry and the Central Bank of Iran are to meet in the coming days to discuss plans to introduce a cryptocurrency. “President [...
  • Stocks End Trading Week With Solid Gains
    The Iranian equity market's meteoric rise last week enabled it to break records, yet it lost steam by the trading week's end on Wednesday and bled part of its gains. Overall, Tehran Stock Exchange...
  • Australia Urges Exporters to Iran to Seek Legal Advice
    Australian exporters exposed to economic sanctions imposed on Iran are being urged to...  
  • Indian Basmati Rice Exporters Facing Iran Defaults Woes
    Defaults by Iranian importers on some Indian basmati rice brands under bilateral deals have hit...  

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