Iran does not throw any hurdles in the way of foreign companies making investment in mineral exploration and welcomes their business initiatives in this field, IRNA quoted Minister of Industries,…
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.
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Foreign investment in Iran's equity markets is growing fast.
More foreigners are getting trading licenses and buying shares on Tehran Stock Exchange and Iran Fara Bourse. The influx of…
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More than 1.13 million cars were locally manufactured in the last Iranian year (ended March 20, 2015), but only 150,000 airbags were produced in the same period, says an expert of auto parts…
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Shahr Innovation and Development Company, affiliated to Bank Shahr (city bank), has launched a “face banking” service, allowing customers access to banking services through biometric features like…
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The real estate leasing scheme is in its final stages, Asghar Mirmohammad Sadeghi, Central Bank of Iran’s deputy for credit affairs, said on Sunday.
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Imam Sadiq University will hold the first International Conference on Urban Economy in April in cooperation with Iran’s Urban Economic Scientific Association. The event will focus on the economy…
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Director of the Gold and Jewelry Producers and Exporters Union has voiced growing concern over the adverse effects of the illegal import of foreign jewelry into the market.
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About 55,360 tons of phosphate concentrate were produced by Iran’s main producer of the processed mineral, Esfordi Phosphate Industrial and Mineral Complex, from March 2015 to January 2016,…
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Stocks retreated for the second day in Tehran on Sunday, as a rout in banks pulled down the index.
Tehran Stock Exchange's main index, TEDPIX, slid for the second day. The benchmark closed…
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Solar energy is the most abundant source of energy in the world, which is not only an answer to today’s energy crisis but also an environmentally friendly form of energy.
Solar panels,…
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Deputy Minister of Industries, Mining and Trade Jafar Sargheyni said the mining sector's growth is expected to stand at 4% and 12% for the current Iranian year (to end March 19, 2016) and the…
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The US government cleared the manufacturer to begin talking with approved Iranian carriers about their fleet needs, a first step toward entering the country’s resurgent aircraft market, Boeing…
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Tehran Stock Exchange’s main index TEDPIX shed 329.70 points or 0.42% to end Saturday trade at 77,558.2.
Over 3.3 billion shares valued at $224.3 million were traded, indicating a 175% and…
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Last year was a terrible season for the American pistachio industry. Warm temperatures and the lack of water resulted in a loss of almost half the crop, and profits were down by around $1.4…
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Italian fashion house Roberto Cavalli says it has opened its first shop in Iran following the lifting of sanctions earlier this year. Rich in natural resources and with a young, well-educated…
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The Central Bank of Iran closely monitors lenders’ performance regarding interest rates, Valiollah Seif, the bank’s governor said in a conference on the ‘resistance economy,’ IRNA reported. Seif…
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Even though sanctions against Iran were officially lifted on January 16 and Iranian banks got reconnected to SWIFT interbank messaging system, some European banks are exercising caution about…
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Countering the deep and lingering recession stalking the economy should be the government’s top priority, Heidar Mostakhdemin Hosseini, a senior economist said.
“The long-running recession…
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The CEO of Bank Melli Iran has dismissed rumors that bankers’ recent agreement to cut deposit rates is tantamount to a form of “collusion.”
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The governor of the Central Bank of Iran has called on commercial banks to remain committed to their recent agreement to lower deposit rates that was endorsed by the Money and Credit Council…
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A high profile delegation from the US Treasury Department is set to visit Germany next week, in order to reach a mutual understanding about sanctions against Iran, said Ali Majedi, Iran’s…
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Banks are not allowed to expropriate industrial units put up as collateral for their debt, said Ali Yazdani, deputy minister of industries, mining and trade on Thursday.
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The European Union’s top court on Thursday upheld a contention by Iran’s Bank Mellat that it was improperly sanctioned for six years without sufficient evidence of its involvement in the country's…
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Unseasonal fruits such as Chilean grapes and Turkish peaches are some of the smuggled produce flooding the Iranian markets only a month from Norouz holidays that mark the onset of the Iranian New…
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Dutch ingredients producer Barentz International has established a new joint distribution venture in Iran with Future Way Holding to tap into the formerly-restricted market.
The JV will…
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