The Securities and Exchange Organization has issued an establishment license for the 138th mutual fund in the country.
“Eftekhar Hafez” mutual fund has been successfully underwritten and…
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.
The problem with Chinese finance has been resolved and the two sides have agreed that China will open a line of credit for financing Iranian giant projects in the next 15 days, Chairman of joint…
The first national seminar on developing e-commerce was held on Wednesday at the ministry of industry, mine, and trade. The seminar’s aim is to promote cooperation between the public and private…
Tehran’s stock market continued its steady but sluggish upward trend on the week’s last trading day on Wednesday as the main index (TEDPIX) added 35.3 or 0.05 percent to finish up at 71,443.6.…
Over the past few years, Iran has never experienced a positive trade balance in the steel industry because the country has always imported more steel than it exported.
The main index of Tehran’s over-the-counter market, Fara Bourse, ended slightly lower Wednesday as the day recorded trading of more than 115 million shares for 847,000 billion rials.
The petrochemical feedstock for production units is exempt from 5 percent duty which will in turn be used for renovating pipelines.
Various grades of bitumen from six manufacturers were sold on the export floor of Iran Mercantile Exchange on Wednesday. Elsewhere on the IME’s oil and petrochemical’s floor, additional amounts of…
Kish’s South Kaveh Steel Company (SKS) joined the Tehran Stock Exchange and its shares are now tradable in the secondary market. As the 488th listed company on the TSE, SKS shares are tradable in…
A top European court on Thursday struck down restrictions imposed by the European Union against the Central Bank of Iran (CBI) on an alleged charge of circumventing US-led sanctions against Tehran…
The main responsibility of the capital markets is to finance large enterprises in the long run, as assumed in the new economic policies announced by the government.
Chairman of the Union of Gold, Jewelry, and Precious Stone Producers and Exporters has attributed the fluctuations in gold coin prices to their unofficial trade in the market.
Ebadollah…
Iran and South Korean financial managers have held negotiations to enhance cooperation and joint investments.
The negotiations took place on the sidelines of a workshop held by the Central…
The 15-day deadline set by the Central Bank of Iran for commercial banks to provide it with a list of companies they own expired on Friday. Almost all commercial banks missed the deadline, ISNA…
Stocks’ uptick on Wednesday couldn’t compensate for the Tehran Stock Exchange benchmark’s losses in the week as the TEDPIX slipped 482 points or 0.67 percent to end a choppy week lower at 71,443,…
The Steel Producers Association is in bargain talks with the Central Bank of Iran amid the growing burden of debts and liquidity shortage shouldered by steel firms.
Rising prices of housing loans securities in the capital market have put pressure on citizens looking for a house to buy, as they need to repay more than twice the amount of the loans they receive…
Officials from Iran, Russia and Azerbaijan have agreed to complete railway projects that will eventually help connect traders across the three nations.
State-run Shipping Corporation of India (SCI) is having a tussle with Islamic Republic of Iran Shipping Lines over valuation of a 39-year-old joint venture company that is being wound up.
Investment and holding companies are all set to help to the market liquidity, Ali Salehabadi, head of Tehran Stock Exchange said on Thursday.
The tranquil island of Kish, nestled on the south coast of Iran has the enviable position of being Iran’s most renowned premier free trade zone. There are other free trade zones scattered across…
The Central Bank of Iran has recently asked the parliament to let it use money made up from difference in foreign exchange rates, which have repeatedly fluctuated in recent years, to repay its…
Abundant mines located in the southern province of Fars could attract domestic and foreing investors, according to Alireza Jokari, head of Fars Province Mining Engineering Organization. Ninty…
Housing loan-backed securities, which have been steadily getting more expensive during the past eight months, are expected to witness a balance between supply and demand. During autumn, a time…
The Majlis Research Center has published a report on aluminum consumption and production in the country, pointing out the hurdles to the development of Iran's aluminum industry.
