Mobarakeh Steel Company signed its first foreign investment deal worth $7.53 million with Finland’s Ecofer.
The deal, based on a build-operate-transfer contract, entails Ecofer providing…
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 Iranian printing industry is out of recession and is well on the verge of a development boom.
The statement was made by Minister of Culture and Islamic Guidance Seyyed Reza Salehi-Amiri…
Certain industries are poised to benefit from the current market dynamics in the next six months ending June 21, 2017.
This was the conclusion of a report in the Persian daily Donya-e-…
Lawmakers approved measures on Saturday requiring the Central Bank of Iran to prepare the grounds for undertaking constant oversight over the banking sector by establishing an online supervisory…
The greenback's rate reached 41,000 rials on Sunday, recording a new all-time high.
Subsequently, Governor of Central Bank of Iran Valiollah Seif said banks should reclaim their “historic…
Government-owned Banks Coordination Council and the Association of Private Banks and Credit Institutions have jointly written a letter to First Vice President Es’haq Jahangiri, asking him to…
The recent hike in the US dollar’s exchange rate in the Iranian market after the greenback gained against all other major currencies does not equal a weaker rial, claims a deputy economy minister…
More than 223,000 tons of non-oil goods valued at $70.2 million were exported to Brazil during the eight months to November 20. Export was a meager $4.5 million for last year’s corresponding…
Mofid Brokerage is keeping its edge over other brokers using its dominance of online trading.
Online trading is steadily gaining popularity in Iran, despite high transaction costs and…
Mining could play a pivotal role in all economies, whether directly or indirectly, by providing materials for other industrial sectors.
Lawmakers have obligated the Central Insurance of Iran, the industry’s regulator, to take measures for increasing the insurance penetration rate to 7% by the end of the sixth five-year development…
The Central Bank of Iran, in a statement on Saturday, informed businesses to approach the banking system for purchasing foreign exchange.
“Back in July, the banking system was…
The Central Bank of Iran has issued formal warnings to 10 banks for violating interest rates set by the Money and Credit Council, the bank’s deputy for supervisory affairs announced.
The full list of officials comprising the Money and Credit Council–a decision-making body–was announced on Saturday. During the latest session of the Iranian Parliament, which reviewed the details…
Iran's sovereign state fund is ready to bankroll projects involving the export of goods and techno-engineering services to Latin American countries, announced the fund's director.
The Central Securities Depository of Iran issued 23 codes for foreigners to trade in Iran’s equity market during the Iranian month ending December 20, bringing the total number of foreign traders…
Ever since the government turned its focus to borrowing through Iran’s debt markets two years ago, their volume has surged.
The government, municipalities and state companies are now the…
Buying activity in the Iranian flat steel import market has been sluggish over the past week, as imports were too expensive compared with local products.
Metal Bulletin’s price assessment…
Iran keeps ramping up the production of direct-reduced iron, refusing to yield the palm to India, which follows Iran in the list of top producers.
The trend is likely to continue in 2017,…
Tehran Stock Exchange’s main index shed 88.80 points or 0.11% to end Saturday trade at 80,161.2.
More than 793 million shares valued at $43 million changed hands for the day.
Abadan…
Bank Maskan, the state-owned lender specialized in financing the housing sector, has been tasked with financing the renovation of 300,000 housing units each year, as part of the sixth five-year…
The US dollar exchange rate is expected to drop after the New Year Eve, said the Central Bank of Iran’s head of Exports Department.
The currency registered a big recent rally in Tehran…
More than 120,000 Housing Savings Accounts have been opened since the scheme to assist first-time home buyers was launched last year, announced the head of Bank Maskan's Public Relations…
Enhanced connectivity and banking channels between Iran and Pakistan are imperative to fully exploit the post-sanctions' opportunities and negotiations in this regard are at an advanced stage and…
A banking memorandum of understanding was signed between the central banks of Iran and Kazakhstan during President Hassan Rouhani's three-nation tour of Armenia, Kazakhstan and Kyrgyzstan.
