Despite domestic issues and international barriers to trading Iranian hand-woven carpets, Persian rugs are still frontrunners in the global market, according to the head of Iran’s National Carpet…
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.
It’s a pretty pass for the Iranian economy. The recession of 2012-13 in the real economy that came about after currency devaluation is now squeezing demand, as the rift between .
Iran Mercantile Exchange’s industrial and mining trading board saw 13,200 tons of rebars supplied by Kavir Steel Company at the base price of $0.35 per kg on Monday.
Keshavarzi Bank (agro bank) is expanding its international ties and collaboration, said Morteza Shahidzade, the bank’s CEO as reported by akhbarbank.com. He says the main agriculture bank in Iran…
Minister of Roads and Urban Development said that much effort should be put into the development of small towns to prevent price gauging. Speaking on the sidelines of the 17th International…
Central Bank of Iran has been working on 12 e-banking projects since the beginning of the year (March 21).
The US dollar is in the midst of an intensive bull run, with the currency again crossing the psychological threshold of 35,000 rials. On Saturday, however, the currency entered new territory to be…
As far as the money market is concerned, interest rate higher than the equilibrium rate means the real money supply exceeds real money demand. In other words, the amount of money people and…
Iran Mercantile Exchange’s industrial and mining trading board witnessed the supply of more than 1,000 tons of copper cathode by National Iranian Copper Industries Company with the base price of $…
Boredom, uncertainty, frustration. These three words best describe equity traders these days. Institutions and individuals alike have had to endure a bear market that has reigned for two years now…
Amid the widespread panic and brouhaha over the stumbling of the Chinese economy, the world somehow let a very crucial moment slip by-that of Iran announcing the issue of sovereign (short-term)…
Tehran Stock Exchange’s main index inched up 12.90 points or 0.02% to end at 63,083.5 on Sunday.
More than 438 million shares valued at over $24.3 million were transacted to record close to…
Iranian Mines and Mining Industries Development and Renovation Organization will require close to $20 billion worth of investments for mineral exploration and exploitation, manufacturing of mining…
Iranian demand for gold jewelry surged to a near two-year high in the third quarter, as sentiment improved following Tehran’s signing of a nuclear deal with world powers in July, wrote Abu Dhabi-…
Iran Mercantile Exchange’s oil and petrochemical trading board witnessed more than 49,000 tons of bitumen supplied by Pasargad and Jey oil companies as well as Hefaz Azarbam Bitumen and…
Iran Mercantile Exchange will host Interexchange Electronic Union’s data transfer center. The decision was announced in a meeting between IME’s chief executive, Hamed Soltannejad, and IEU Chairman…
Bank Saderat Iran is to open several financial advisory centers to support production and investment, said Esmail Lalegani, the bank’s CEO, according to akhbarbank.com. He told reporters that in…
Figures published by the Ministry of Roads and Urban Development in a recent report on housing affordability threshold contradict market reality, a senior economist told the banker.ir website.
The Central Bank of Iran has sent a notice to automakers and dealers, asking them to watch for the limited number of car loans available.
In a letter to the Ministry of Industries, Mine and…
Central Bank of Iran has issued permits for 410 bureaux de change, director of CBI’s Licensing Department, Hamidreza Azargoun said.
Russia is considering providing two loans worth $7 billion (£4.61 billion) to Iran, Russian Energy Minister Alexander Novak said in Moscow on Thursday.
Three British, French and Swiss insurance companies have obtained the Central Insurance of Iran's approval for opening representative offices in Iran, according to a senior insurance official.
Export Insurance Agency of Armenia and the Export Guarantee Fund of Iran signed a memorandum of understanding on the sidelines of an Iran-Armenia business forum in Tehran on November 9.
The Central Bank of Iran has announced plans to unify multiple bank accounts held by individuals or entities, a senior official with the bank announced.
All tranches of frozen assets to be transferred to Iran related to the Geneva Interim Agreement on Iran’s nuclear program have been received, said Hussein Yaqoubi, director of Central Bank of Iran…
