Tehran Stock Exchange’s main index TEDPIX gained 313 points or 0.4% during the week that ended on August 2 to end at a 42-month high of 81,579.
TEDPIX’s leap to a new record came on…
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>
Import prices for hot-rolled coil in Iran continued to trend upward over the week ending August 9, as offers from the mills of Commonwealth of Independent States rose further, supported by tight…
Iran has turned into a country of engineers. Labor force statistics for March 2011-17 show the ratio of engineering technicians to engineers is 1 to 1.7 in the country.
This comes as,…
Iran Mercantile Exchange plans to start bitumen exports to India as per an agreement reached between the two countries’ market regulatory organizations on Thursday. The agreement was signed by…
The phalanx of European leaders, ministers and dignitaries attending the inauguration of Iranian President Hassan Rouhani last weekend was a stunning snub to Washington. It was also a clear…
Since the implementation of Iran’s nuclear deal with major world powers in January 2016, Bank Melli Iran has had a turnover of $20 billion, the bank’s official website announced.
A futures currency market aimed at unifying the dual foreign exchange rates will be established in the current fiscal year (March 2017-22), a senior official at the Tehran Chamber of Commerce,…
In response to criticisms directed at the Central Bank of Iran over a surge in liquidity, the bank has stressed that it has maintained order in the money market and staunched the irregular…
Bank Keshavarzi—the lender specializing in financing agribusiness—has doled out loans worth over 116 trillion rials ($3 billion) to agricultural sectors during the first tenure of President…
Iranian insurance companies have registered an 18% growth in life insurance premium incomes in the first quarter of the current Iranian year (March 21-June 21), the head of Central Insurance of…
Tehran Stock Exchange’s main index gained 265.40 points or 0.33% to end Wednesday trade at 81,579.3.
About 848 million shares valued at $59.77 million changed hands for the day.
…
Major Iranian mining companies produced 112.6 million tons of different products during the first four months of the current fiscal year (March 21-July 22), registering an 8.7% growth compared…
Newland EMEA, a Dutch manufacturer of barcode scanning and mobile communication solutions, has accelerated its growth in the Middle East with the opening of a new office in Tehran, the company…
India will start shipping 35,000 containers of wheat to Afghanistan via the Iranian port of Chabahar in southeastern Sistan-Baluchestan Province within two weeks.
“In the first…
After a joint meeting held by the members of Majlis Economic Commission, CEOs of state-owned banks and officials of Economy Ministry to discuss different aspects of interest rate cuts, the head…
After Iran ditched the US dollar in its financial reporting and the Central Bank of Iran is pursuing the policy to sideline the greenback in its forex transactions in response to US restrictions…
In an official decree, Governor of the Central Bank of Iran Valiollah Seif has appointed Seyyed Ahmad Araqchi as the new CBI deputy for foreign exchange affairs. Araqchi obtained his bachelor’s…
Iran-China Chamber of Commerce has denied reports of Iranian traders’ bank accounts being closed by Chinese lenders as part of new restrictions imposed on the country by Beijing–an important…
During the first four months of the current Iranian year (March 21-July 22), 905 TEU (20-foot equivalent unit) containers were loaded and unloaded in Iran’s southern port of Bandar Lengeh,…
Major Iranian steelmakers exported 2.13 million tons of semi-finished and finished steel products during the first four months of the current fiscal year (March 21-July 22), registering a 3%…
Tehran Stock Exchange’s main index inched up 28.20 points or 0.03% to end Tuesday trade at 81,313.9.
About 462 million shares valued at $55.96 million changed hands for the day.
…
The fourth edition of the Europe-Iran Forum has been scheduled to be held in Zurich on October 3-4, 2017.
European business leaders and policymakers will convene with their Iranian…
Bank Maskan, as the agent bank in the housing sector, is now offering loans for renovation of residential units in old parts of cities with an interest rate of 12% which, according to a top…
In line with making up for lost time during the sanctions era and complying with banking standards, the Central Bank of Iran has been striving to conform to Islamic Financial Services Board…
Middle East Bank is set to open its Munich branch in the German state of Bavaria by the end of September, a board member of the bank announced. “The inauguration of the branch was supposed to be…
