Iran Khodro has sold a 50.2% stake worth 720 billion rials ($15 million) in Mashhad Wheel Manufacturing Company following a one-day delay in its offering. The sale, made up of 223.39 million…
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 Economy Ministry sold 2 trillion rials ($41.6 million) of Islamic bonds on Iran Fara Bourse on Sunday to finance the establishment of a railroad connecting three major cities.
The government has decided to clear over 4.45 trillion rials ($92.7 million) worth of its debts to contractors and companies through a debt swap deal with Iranian Privatization Organization and…
Tehran Stock Exchange’s main index gained 242.33 points or 0.25% to end Sunday trade at 95,819.6.
About 940 million shares valued at $51.98 million changed hands at TSE for the day.
…Iran’s Deputy Foreign Minister Abbas Araqchi addressed various aspects of benefits resulting from the country’s nuclear deal with world powers.
While conceding that Iran has yet to reap…
Telegram has announced that Iranian citizens will not be allowed to take part in Telegram Open Network initial coin offerings and will be prohibited from buying Gram cryptocurrency by the…
The latest update of regulations concerning foreign currency deposits in banks has been released by the Central Bank of Iran, according to which banks are required to return the original amount…
A host of high-level officials of the Central Bank of Iran on Saturday met with a delegation from Oman led by its foreign minister to discuss ways of improving banking relations and linking the…
The Ministry of Industries, Mining and Trade issued 937 permits for mineral exploration during the 10 months to Jan. 20, registering a 53% rise compared with last year’s corresponding period.…
Some 24 million passengers have been transported via rail in Iran since the beginning of the current fiscal year on March 21, 2017, registering a 6.5% increase compared with the similar period…
Iranian steelmakers exported 7.41 million tons of their products in the first 11 months of the current fiscal year (March 21-Feb. 19), registering a 52.2% year-on-year growth, the Iranian Steel…
The second batch of the new Islamic debt security Manfa’ah sukuk valued at 20 trillion rials ($416.6 million) was offered on over-the-counter exchange Iran Fara Bourse on Saturday.
Iran’s largest steel exporter Khouzestan Steel Company has successfully bought majority shares in a major mineral holding, moving toward self-sufficiency in the steel production chain.
Tehran Stock Exchange’s main index gained 51.44 points or 0.05% to end Saturday trade at 95,577.3.
About 1.35 billion shares valued at $60.39 million changed hands at TSE for the day.…
On Thursday, which marked the last trading day in Iran’s markets, gold coin had a slight drop of 25,000 rials ($0.51) and fetched 16.33 million rials ($336), Banker.ir, an analytical news…
High-level executives with Bank Melli Iran and France’s Banque Delubac met on Wednesday in Tehran to discuss a potential restoration of relations that were cut off after Iran was slapped with…
The controversy surrounding the high number of Iranian bank branches is still raging with the dominant theme being the extension of lenders’ sphere of influence far wider.
This,…
The Central Bank of Iran has released its latest report on loans allocated by lenders, which show that the services sector again attracted the highest share while a majority of loans were doled…
Aluminum Research Center of Iran is scheduled to hold the Fifth Iran International Aluminum Conference on April 24. IIAC 2018 will be held in partnership with Iranian Mines and Mining Industries…
Tehran stocks’ attraction is further dissipating, as the debt and foreign exchange markets take centre-stage and new political risks sour equity traders’ sentiment.
All eyes are…
The Central Bank of Iran has allowed lenders to issue guarantees for Iranian businesses planning to invest in Oman or those who seek to take out loans from Omani banks, the head of Iran-Oman…
Iranian exporters of semi-finished steel products continue to push for higher prices after successfully selling billet and slab volumes in recent weeks.
Metal Bulletin’s weekly…
The agriculture sector grew by 1% during the first nine months of the current Iranian year (March 21-Dec. 21, 2017), experiencing the lowest growth over the past six years, based on the latest…
Iran National Pavilion has been launched in the Shanghai Free Trade Zone for increasing exports of goods and services, and attracting foreign investment.
According to Ali Dehqani, Iran’s…
Close to 47 million tons of cargo have been transported via railroad in Iran during the previous Iranian fiscal year (started March 21, 2017), which indicates a 17.5% increase compared with the…