An aerial geophysical surveying project to explore mines in East Azarbaijan Province has been launched. Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh on Saturday attended the…
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.
Prevailing ups and down at Tehran Stock Exchange on Monday, especially for large-cap stocks, curbed investors’ enthusiasm and led to lingering low trade volume and value at the equity market.
According to the latest statistics released by the central bank’s Office for Economic Policies on the housing market in Tehran, the number of home deals dropped by 25.1% and 16.5% over the month…
A report said the Central Bank of Iran plans to adopt a quantitative easing policy to get banks on track, but the bank itself has not yet released any details on the mechanism it may apply to…
Competition in the Iranian financial industry is rising. Financial institutions are battling over existing territory and opening new frontiers. Anyone who falls behind will be left in the dirt and…
Unlicensed bureaux de change are in hot water as countdown to their deadline—Aug. 19—to obtain a permit from the Central Bank of Iran approaches.
The uncertified bureaux de change had in…
Iran Privatization Organization is expected to generate some $546 million by transferring 120 government-owned companies to the private sector by the end of the current Iranian year on March 19,…
Following an extended downbeat performance by the capital market which has been lingering for more than a year and causing severe losses to both retail and institutional investors, President…
Deputy head of Geology and Mineral Explorations Organization, Behrouz Borna, believes an appropriate price setting for mineral products by the government or the stock market could help mitigate…
More than 80,000 tons of marble were extracted in the city of Khoy in West Azarbaijan Province in the first four months of the current Iranian year (started March 21), of which about 50,000 tons…
The prospect of Australia exporting live sheep to Iran finally getting off the ground was given a boost last week with Aussie Agriculture and Food Minister Ken Baston meeting with Iran’s…
Iran Fara Bourse’s benchmark retreated 3.17 points or 0.17% to close at 778.35 on Sunday. As IFB reported, about 101 million securities traded valued at around $12 million.
Iranian…
Tehran Stock Exchange’s overall index dropped on Sunday amid downbeat performance of 64% of listed companies, including companies with the highest market cap.
TEDPIX snapped a three-day…
The Central Bank of Iran urged all credit institutions and commercial banks in a new decree to allocate at least a quarter of their total resources to the agricultural sector, natural resources…
The government reiterated its vow to keep rial's value stable and prevent currency shocks to the Iranian economy recovering from deep recession.
"Henceforth foreign exchange volatility will…
All the tough talk and bluster which was considered to be the signature approach of the Central Bank of Iran under Valiollah Seif toward unlicensed financial institutions, now seems to be on its…
Iran has expressed interest to channel millions of dollars to Zimbabwean banks as lines of credit depending on the individual financial institution’s creditworthiness.
Abdolnasser Hemmati, head of the Coordination Council of Banks, said on Saturday that deposit rates, which decreased in April, will remain unchanged until authorities prepare for a second review…
Sari Gunay Gold Mine in the city of Qorveh in Kurdestan Province will be operational in two to three months, according to the Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh.…
The nuclear deal between Iran and six world powers—the US, Britain, France, Russia, China and Germany—will help revive the traditional market of carpet and turn around its exports, says the…
Saturday trade at Iran Mercantile Exchange recorded the offering of 157,000 tons of commodities on both local and export trading floors.
Interests in Iran’s capital market have been growing following the nuclear milestone reached between Iran and P5+1 in Vienna which will lift economic sanctions against Iran in exchange for…
Tehran Stock Exchange had a seesaw trading on Saturday, with the overall index edging up 49 points or 0.07% to settle at 66,829.7 at the day’s close.
Energy demand is expected to increase considerably in the coming years, particularly in developing countries as a result of population growth, economic development and rapid urbanization. This…
Total money supply continued its expansion in the first quarter of the current Iranian year—starting 21 March, 2015—as the central bank's expansive monetary policy continued.
Iran's total…
