Iranian banks allotted loans worth 1.533 quadrillion rials ($40.2 billion) to various economic sectors during the first four months of the current Iranian year (started March 21), indicating an…
Business And Markets
<p>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.</p>
The volume of liquidity has been constantly on the rise in the Iranian economy for years, prompting many pundits to refer to it as a ticking time-bomb that, if not defused, will eventually…
Tehran Stock Exchange’s main index gained 58.80 points or 0.07% to end Monday trade at 82,075.
About 565 million shares valued at $32.53 million changed hands for the day.
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Qeshm Cement Company has readied its first consignment of cement and clinker for exports to Mozambique, Hormoz Amiri, an official with Qeshm Free Zone, said.
The loading of 47,000 tons…
Iranians have been receiving a monthly cash subsidy payment of 450,000 rials ($12.4) since December 2010, which so far amounted to 2.63 trillion rials (over $68.6 billion).
A review of trade between Iran and Afghanistan over the past decade shows the neighboring country has mainly been an importer of Iranian goods.
More than 144.6 million tons of cargo were loaded and unloaded at major Iranian ports in the last Iranian year (March 2016-17), showing a 10% rise compared with the year before. Of this amount,…
Iranian interbank transactions during the fiscal year to March 20, 2017, stood at 30.9 quadrillion rials ($814.6 billion), marking a growth of 9.2 quadrillion rials ($243.2 billion) or 42.6%…
The US dollar once again gained against rial in Tehran’s foreign exchange market to reach its highest value in the past six months late Sunday. According to Tehran Gold and Jewelry Union’s…
CBI Governor Valiollah Seif has named the newly-formed cordial relationship between the country's monetary and capital markets as a factor for moderating bank interest rates, announcing that…
Tehran Stock Exchange’s main index gained 61.30 points or 0.07% to end Sunday trade at 82,016.2.
About 510 million shares valued at $40 million changed hands for the day.
Trading…
The First International Halal Conference is scheduled to be held from December 4 to 7 in Tehran under the theme of “Halal Orientation: The New Global Trend”, the international affairs deputy…
More than 240 tons of flowers worth $2.42 million were exported from Iran to 25 countries during the first four months of the current fiscal year (March 21-July 22), the Islamic Republic of Iran…
There were high hopes for the Iranian mining industry after the lifting of international nuclear sanctions against Iran. Exploiting massive reserves of copper, iron ore, zinc and lead in an…
Bank Melli Iran issued 3,092 Islamic Treasury Bills worth over 47 trillion rials ($1.2 billion) during the first quarter of the current Iranian year (started March 21).
Mohammad Shariatmadari, industries, mining and trade minister-designate, has pledged to lower banks’ interest rates and overhaul the current system of determining foreign exchange rates to…
Iran’s Bank Refah, affiliated with the Social Security Organization, is planning to expand domestic and foreign operations, mainly by raising its capital by 80 trillion rials ($2.1 billion).
Minister of Roads and Urban Development Abbas Akhoundi, nominated to again head the ministry in the second tenure of the administration, was in parliament on Saturday to outline his plans.
…Iranian President Hassan Rouhani, who is beginning his second term after an overwhelming electoral victory in May, has promised to fix the economy but one huge obstacle stands in his way: deep…
Iranian airlines are placing massive orders for short- to medium-haul passenger planes, indicating Iran is a huge market for narrow-body jets.
Tehran Stock Exchange’s main index gained 213 points or 0.26% to end Saturday trade at 81,954.9.
About 1 billion shares valued at $72.33 million changed hands for the day.
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Major Iranian iron ore producers manufactured 12.49 million tons of iron ore concentrate during the first four months of the current fiscal year (March 21-July 22), registering a 28.3% growth…
Iranian banks returned 1.5 million checks worth 130.6 trillion rials ($3.4 billion) during the month that ended on July 22, the official website of the Central Bank of Iran reported. The number…
Governor of the Central Bank of Iran Valiollah Seif in a letter called on the chief executives of banks to prioritize financing small- and medium-sized enterprises in the current Iranian year (…
Top construction companies in Iran are mostly known for building luxury apartment, villas and malls in the northern districts of Tehran, but the sluggish market for expensive residential units…