Minister of Economic Affairs and Finance Ali Tayyebnia met with Chairman of the Chinese National Development and Reform Commission He Lifeng in Tehran to discuss various dimensions of Iran-China…
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.
Tehran Stock Exchange’s main index lost 98.40 points or 0.12% to end Monday trade at 81,285.7.
About 640 million shares valued at $43.52 million changed hands for the day.
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Steel trade in Iran is picking up after a long period of subdued demand and activity. In fact, demand has doubled or tripled for certain products, exceeding supply and boosting trade to the 200,…
The Swedish-Iranian Chamber of Trade and Commerce is organizing the First Nordic Iranian Business Summit and Expo in Stockholm.
The summit is scheduled for November 20-21, 2017, and the…
When Iran and the West reached a deal in 2015 to finally resolve a dispute over Iran’s nuclear program and lift the crippling economic sanctions, Iran was off to a good start. But perhaps…
Two new iron ore processing plants are scheduled to come on stream in Sangan mineral zone in the next two months, says manager of Sangan Iron Ore Complex, Morteza Hashempour. The first is a 5-…
With the key promise of unifying the country's dual exchange rates lying dormant during President Hassan Rouhani's first term in office–despite frequent pledges to do so–the Central Bank of Iran…
Iran’s First Vice President Es’haq Jahangiri met with the speaker of the parliament of the Republic of Cyprus and called on the eastern Mediterranean nation to expand its banking ties with Iran…
In the wake of reports alleging disagreements between the Central Bank of Iran and the Economy Ministry regarding the format of banks and credit institutions’ financial statements, the head of…
Iranian rial gained against almost all other currencies in Tehran exchange market on Sunday one day after President Hassan Rouhani officially took the oath of office to begin his second term.…
Tehran Stock Exchange’s main index gained 118.20 points or 0.15% to end Sunday trade at 81,384.1.
About 565 million shares valued at $43.46 million changed hands for the day.
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Vahid Roshanqalb has become the Securities and Exchange Organization’s new deputy for supervision on exchange and issuers. He replaces Ali Beygzadeh who has now become the manager of Tehran…
Mobarakeh Steel Company has set the target to sell 7 million tons of flat steel in the current fiscal year (March 2017-18), mostly in the local market, the company’s head of sales and marketing…
As per a memorandum of understanding signed by director general of Turkish company AGT, Sirzat Subasi, and that of Qazvin Industrial Parks Company, Hamidreza Khanpour, the Turkish side will…
Sarcheshmeh and Miduk copper mines produced 35 million tons of copper sulfide ore in the last fiscal year (ended March 20, 2017), according to Mohammad Hassani, chairman of National Iranian…
The second initial public offering of the current fiscal year (started March 21) is scheduled for Tuesday and is related to the telecoms company MobinOne Kish.
In its latest directive, the Central Bank of Iran has raised the limit on the maximum amount to which the ratio of debts and assets held in foreign currencies by all banks and certified non-bank…
The annual general meeting of the Central Insurance of Iran company was held on Friday in Tehran and the head of the regulatory body presented a report on the performance of insurance sector,…
In light of the significant jump in Cooperative Investment Guarantee Fund’s capital adequacy ratio, the fund’s managing director announced that it is ready to issue up to 25 trillion rials ($658…
Bank Saderat Iran has doled out loans worth 174 trillion rials ($4.5 billion) in the fiscal year that ended on March20, 2017, registering a year-on-year growth of 36.3%. According to a statement…
You are considering investing in a large country with 80 million people and a relatively prosperous GDP per capita of almost $20,000.
President Hassan Rouhani has ordered the Cabinet to address the parliament’s concerns about steelmakers prioritizing flat steel exports over local downstream users’ demand, chairman of the…
Iran exported more than 20.6 million tons of mineral products worth over $2.83 billion during the first four months of the current Iranian year (March 21-July 22), registering a 3% growth and 5%…
The average price to earnings ratio of Tehran Stock Exchange-listed companies stood at 6.7 during the Iranian month of Tir (June 22-July 22). The ratio was calculated based on the market…
The US dollar, the most widely traded currency in Tehran’s foreign exchange market, once again gained against rial in both the open and official markets on Thursday afternoon. The greenback was…
