In a ceremony held at Iran-Germany Chamber of Commerce and Industry on Tuesday, iMOVE, an initiative of the German Federal Ministry of Education and Research (BMBF) belonging to 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.
Inflation in Iran has landed in single digit territory again after it went above 10% in June. According to the latest report released by the Central Bank of Iran, the average goods and services…
After spending relatively tranquil days in the last week of summer, the greenback is rising again in Tehran’s foreign exchange market, heralding a bullish trend as autumn starts.
Representatives of Alborz Export Promotion Company met with a delegation from Russia’s Elbin Bank to discuss ways of expanding banking and trade ties.
A high-ranking trade delegation from the Iranian private sector has travelled to Madrid, Spain, and met with the heads of CESCE, the European nation's export credit agency, to resolve banking…
Governor of the Central Bank of Iran Valiollah Seif announced that in the first term of President Hassan Rouhani’s presidency, about 30 cases of violations by banks were sent to CBI’s…
German plastics and rubber machinery association VDMA has voiced its confidence in the Iranian market, as 46 German suppliers attended the Iranplast rubber and plastics show in Tehran this week…
Iranian and Turkish customs authorities agreed upon eight key issues on Monday.
Agreements reached between the head of Islamic Republic of Iran Customs Administration Foroud Asgari and…
Iran’s largest flat steel producer Mobarakeh Steel Company ended the first half of the current year (March 21-Sept. 22) with notable growth in sales value and modest upticks in production and…
The construction of Butia Iranian Steel Company’s 5.2-million-ton iron ore pellet plant in Kerman Province is scheduled to be completed by late November, the head of Majlis Economic Commission…
Tehran Stock Exchange’s main index gained 111.90 points or 0.13% to end Tuesday trade at 85,628.8.
About 896 million shares valued at $49.94 million changed hands for the day.
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The administration of President Hassan Rouhani is mulling new measures to make home loans more appealing to first-time homebuyers, as it seeks to lift the key housing sector out of the doldrums…
Head of the Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei will soon attend the next meeting of the Money and Credit Council–a financial decision-making body–to…
Minister of Economic Affairs and Finance Masoud Karbasian and Governor of the Central Bank of Iran Valiollah Seif have jointly signed a directive regarding bank balance sheets that could finally…
Tehran Stock Exchange’s main index shed 71.90 points or 0.08% to end Monday trade at 85,516.9.
About 801 million shares valued at $63.078 million changed hands for the day.
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The shortcomings of Iran’s Health Reform Plan were not limited to international sanctions and lower crude prices. As it turned out, domestic policymaking also played a big role.
In 2014…
Iran Zinc Mines Development Company’s subsidiaries produced a total of 8,198 tons of zinc ingots during the sixth month of the current fiscal year (Aug. 23-Sept. 22)–a record monthly high in…
Iran’s largest steel exporter Khouzestan Steel Company recorded a robust growth in its sales value for the first half of the current fiscal year (March 21-Sept. 22), marking a rise of 51.04% to…
The retail and sugar sectors were the top performers of the equity market in the first half of the current fiscal year (March 21-Sept. 22) with average returns of 73% and 67% in H1.
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Like the rest of the world, Iranian fintech companies are growing fast, but a member of the Iranian Fintech Association said regulations have failed to keep up with them. “A notable difference…
Some 4,200 state-owned companies’ bank accounts have been transferred to the Central Bank of Iran since March 6, 2017, when President Hassan Rouhani issued the landmark directive aimed at…
Bpifrance, the country’s state investment bank, will finance projects of French companies in Iran from 2018, granting up to €500 million ($598 million) in annual credits, its CEO said in a…
The member states of BRICS, the association of five major emerging economies, have each upgraded Iran's risk rating to pre-sanctions levels, the deputy head of Export Guarantee Fund of Iran said…
It’s a fairly straightforward scenario. Weakening a domestic currency stimulates the country’s exports and makes imports more expensive—a desirable route to shape an export-…
Iran’s equity market witnessed the sixth initial public offering of the current fiscal year (March 2017-18) on Saturday, as 10% of Rishmac Company’s shares were offered to the public.
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