Iran will seek bids from international investors for implementing 15 mining projects, with production of zinc to gold and iron ore seen getting a boost with the end of sanctions.
President…
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.
Iran Mercantile Exchange witnessed the offering of 48,300 tons of various grades of bitumen by Pasargad Oil Company on the oil and petrochemicals board on Monday. The board also saw the offering…
The Second Conference of Iran Distribution Industry, held in Tehran last week, was attended by top government officials, members of Iran Chamber of Commerce, Industries, Mines and Agriculture,…
The textile industry’s spinning wheels have long driven the developing countries’ economies forward, as the industry accounts for a significant share of the GDP and total exports of various…
Iran Mercantile Exchange offered 120,000 tons of different commodities on Sunday. According to IME, National Iranian Copper Industries Company supplied 1,000 tons of copper cathodes, 1,000 tons of…
With time and consequences, the economic landscape in Iran has changed, some would say almost completely. Thanks to the international agreement to close the nuclear dossier once and for all, the…
A former head of Tehran’s Chamber of Commerce says even if cutting interest rates would mean loss for commercial banks; they will have to adjust to lower rates because it is the first step to cure…
The Governor of the Central Bank of Iran briefed local bankers on the key aspects of the new economic/monetary incentive package that was unveiled on Saturday, the official website of the bank…
Six Iranian financial institutions are ranked among the world’s top 75 acquirers according to The Nilson Report’s latest ranking, reported ebinews.com. Behpardakht Mellat is ranked 22, Saman e-Pay…
Bank of Industry and Mine paid 26 trillion rials ($868 million) in loans to Iranian manufacturers and entrepreneurs in the first half of the Iranian fiscal year that started on March 21, reported…
Iranians are among carpet–weaving pioneers who achieved an unparalleled level of perfection through centuries, as the skill of carpet weaving has been handed down from one generation to another.…
Tehran Stock Exchange extended its upward trend on Saturday, as investors rushed to shore up their portfolios amid promising signs of a positive outlook for the economy.
The TSE gauge…
Mouteh Gold Mining Complex produced about 22 kg of gold bars during the Iranian month ending September 22, indicating a 5% increase compared to the similar period of last year, according to a…
An international exhibition of mining and mineral industries opened in Tehran’s International Permanent Fairground on Saturday.
Iran Mercantile Exchange offered 52,400 tons of bitumen by Pasargad Oil Company on the oil and petrochemicals trading board on Saturday.
The board also saw 34,100 tons of the same commodity…
The global recession and a significant decline in the steel sector have prompted many producers to sell way below the finished price, says managing director of Metals and Materials Company,…
The government has opted for more quantitative easing in its much-anticipated incentive package released on Saturday. The new policy shift was announced at a joint press conference attended by…
In a long-awaited move, Bank Maskan (Housing Bank) has introduced a new housing construction loan for property developers, the Persian-language newspaper Donya-e-Eghtesad reported on Saturday.
Iran has taken the first steps in a journey that should eventually bring it back into the international debt markets – but there are tricky hurdles to overcome before it gets there.
The market for low and medium-price housing will pick up next year, an advisor to the Ministry of Roads and Urban Development said Saturday.
German reinsurer Munich RE has made a significant offer for covering a variety of insurance services in Iran after sanctions are eased, the Central Insurance of Iran's deputy director for…
Ministry of Roads and Urban Development is focusing on multiple financing schemes to help stimulate the flagging housing market including a one-billion rial ($33,000) construction loan which could…
A recent poll by Banki website shows that Bank Mellat is the most popular bank in Iran. According to ILNA, Bank Mellat was also selected as the most popular bank for providing e-banking services.…
Coinciding with World White Cane Day, Tejarat Bank unveiled banking services for the blind and visually challenged. According to Banker website, special internet banking services, mobile software…
The new economic policy package to be unveiled on Saturday will pave the way for the full enforcement of interest rates, a bank official told IRNA.
