Iran’s jewelry market registered strong growth in the second half of 2017, with demand rising 20.5% at an annualized rate to hit 22.9 tons, according to a report by World Gold Council released…
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.
In view of the scale of Chinese finance coming from Iran, China’s Ambassador to Iran Pang Sen and Governor of the Central Bank of Iran Valiollah Seif in a meeting on Wednesday emphasized the…
The much-anticipated plan to integrate the payment systems of Iran and Russia is now in sight, with top officials from Iran and Russia agreeing in Moscow to implement it as early as November.
The gap between what Canada sells to the world and what it buys, stretched to $3.6 billion in June, as exports fell back from recent highs, while imports increased.
Following three…
The Italian economy is benefiting from the improvement in the industry sector and stronger labor market dynamics that has driven consumer and business confidence higher, the statistical office…
More than 12.6 million tons of goods, mainly oil products, were loaded and unloaded in Iranian ports during the fourth month of the current fiscal year (June 22-July 22), registering a 10%…
As of the fiscal 1981-2, Iranian industries have experienced three periods of major transition.
Tehran Stock Exchange’s main index TEDPIX lost 243 points or 0.3% during the week that ended on August 2 to end at 81,265.9.
The main index of the smaller over-the-counter exchange Iran…
Iran’s sole heavy plate producer plans to establish a slab production plant with a capacity to produce 1.2 million tons per year to expand the output of its special-grade steel products.
Iran hoped that agreeing to curtail its nuclear program would encourage foreign firms to pour tens of billions into the country. But the flood of major investment has not materialized—and that’s…
Agricultural machinery exports reached $6 million during the first three months of the current Iranian year (started March 21), a deputy minister of industries, mining and trade said.
“At…
The southern Hormozgan Province accounts for 36% of Iran’s goods transit, director general of Hormozgan Ports and Maritime Organization said.
The managing director of Esfahan Steel Company recently published a letter to the Securities and Exchange Organization to answer inquiries by the SEO about the money-bleeding company’s three-month…
In a letter to First Vice President Es'haq Jahangiri, Minister of Agriculture Mahmoud Hojjati has urged all governmental executive bodies to meet their tea demand from domestic sources.
The…
Tehran Stock Exchange’s main index shed 150 points or 0.18% to end Wednesday trade at 81,265.9.
About 679 million shares valued at $52.29 million changed hands for the day.
Trading…
Iran Insurance Company, the state-owned insurer, has paid 148 billion rials ($3.9 million) in claims for the blaze that ravaged the warehouse of Bandar Imam Petrochemical Complex, IIC’s…
Iran and Pakistan’s biggest lenders are interested in opening branches in each other’s country, which was announced in a meeting between the governor of the Central Bank of Iran and the Pakistani…
In the face of rising demand for inexpensive residential units in the capital Tehran, a senior advisor to the minister of roads and urban development predicted that the market for small and…
Illegal credit institutions that mushroomed during the tenure of the former administration and whose malevolent effects continue to dog the country’s financial system are on their way out, the…
Esfahan Steel Company, Iran’s largest producer of constructional steel products, says it produced 522,814 tons of crude steel in the first three months of the current Iranian year (started March…
In the wake of the recent rally of US dollar in Tehran’s market, Iran’s former representative at the International Monetary Fund has enumerated three factors for the surge.
Bank Melli Iran, the nation’s biggest lender, is developing a new software that tracks the process of loan allocation for different projects. According to a research conducted by the lender…
Maskan Investment Group, the investment arm of the parent company that owns the agent bank of the Iranian housing sector, has outlined its funding priorities, indicating an increase in finances…
Iran Chamber of Commerce, Industries, Mines and Agriculture has published a report explaining the impact of foreign exchange fluctuations on imports of raw materials, capital goods and consumer…
In the current fiscal year, $15 billion from oil revenues will be deposited in the National Development Fund of Iran, the government spokesman announced.
