Governors of Sardasht in Iran’s West Azarbaijan Province and Qala Diza and Rania in Iraqi Kurdistan Region have discussed promotion of bilateral relations.
The three officials discussed the…
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.
During the first six months of the Iranian calendar year (March 21-September 22), the steel manufacturing sector was plagued by troubles such as increasing downturn in trading and an almost daily…
Traders were offered as much as 160,000 tons of different commodities at the Iran Mercantile Exchange (IME) on Wednesday. At the hard commodities trading floor, Khuzestan Steel Company offered 40,…
Iran and Turkey are both willing to increase their trade exchanges to $30 billion by the end of the current Iranian year (March 20, 2015), President Hassan Rouhani said Tuesday in New York.
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Unilateral sanctions imposed on the Central Bank of Iran since January 2012 by the European Union have had a significant role in the relationship between Tehran and the 28-member block.…
Iran absorbed $37.31 billion in foreign investment between 1992 and 2012, a level that put the country in the 56th place among 105 countries in terms of received foreign direct investment,…
There is no guarantee that if banks give up running firms the economy will thrive, former managing director of Tehran Stock Exchange told Eghtesad News on Wednesday.
Last month, the Central…
Mojtaba Hashemi, deputy minister of telecommunications and information technology, has traveled to Azerbaijan in a bid to help boost IT collaboration between the two countries. Hashemi heads a…
The government has said due to the relative improvement in some economic indicators, its approach towards the next year’s budget is aimed at maintaining the status quo.
The administration’s…
Lately, the equity market has been demonstrating volatility, pushing the market mostly into red, but the Tehran Stock Exchange main index (TEDPIX) has stood in green territory for eight…
Over 760 exhibitors, including 250 companies from at least 15 countries, including, Italy, Germany, Russia, Austria, Korea, China and Taiwan, are showing off their latest plastic-related products…
The Securities and Exchange Organization plans to set up a futures exchange for trading of foreign currencies, director of SEO’s supervisory office said.
Despite the cessation of steel imports, prices have not changed in the domestic market as there is little desire for an increase in purchases.
Some 338,000 tons of commodities worth over 6.6 trillion rials ($2.48 billion) were traded at Iran Mercantile Exchange during the week ending September 25. In the industrial and mineral products…
The average capital increase of all listed firms on the Tehran Stock Exchange is close to 100 percent, SENA reported. The entire licenses were offered to increase the capital in the first six…
Iranian insurers have proved that they can thrive, or at least survive, with limited access to the global reinsurance markets, according to the report released by Business Monitor International on…
The recent news from the Central Bank of Iran to oblige charging of transaction fees from 1,000 to 1,500 rials per transaction (pending Money and Credit Council final approval) on ‘Point-of-…
In a meeting this week in Putrajaya, the Malaysian de facto capital, the Iranian deputy-minister of welfare, labor and cooperatives agreed with Malaysian officials to expand bilateral…
The government has said it plans to place 400,000 electric motorcycles and 140,000 hybrid taxi cabs on the market as part of a plan backed by the oil ministry to help protect the environment, said…
The Price Earning (P/E) ratio in the stock market has dropped to a historic low at 5.43, prompting investors to snap up the opportunity and shore up their portfolios, an analyst said.
Stocks slipped on the week’s first trading day as the TSE’s gauge shifted its 8 days ongoing consecutive uptrend to a downward trend.
Iran Mercantile Exchange has allowed the trade of scrap metals after officially registering scrap from Iran Railways Company.
Iran annually produces 2 million tons of scrap metal, while…
An economist has said that the actual economic growth figure for this spring is 8-10 percent lower than that of three years ago, in one of the first reactions to the latest report by the Central…
A European Union court has ruled western sanctions against Iran’s Bank Sina to be illegal, according to the Bank’s CEO. Although the EU High Court ruled in favor of the bank, the company’s head…
The rial on the first working day of the week (Saturday) lost slightly more than 1% of its value against the US dollar, as the latest round of nuclear talks between Iran and the P5+1 group came to…
