CEO of a private bank has cast doubt on the ability of banks to undertake the new mortgage package, which seeks to stimulate the housing market.
Hassan Motamedi, CEO of Bank Eghtesad-e-…
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.
Iran's ambassador to Azerbaijan announced the establishment of a joint bank in Tehran in the near future for facilitating banking operations and developing investment and trade activities between…
Business Monitor International forecasts the market will become the fourth largest pharmaceutical market in the Middle East and North Africa region by 2024, in terms of market size.
The Central Bank of Iran has ceased manufacturing and selling gold bars after a relative calm returned to the gold market.
CBI began to supply gold bars through Karafarin Bank during the…
Iran’s banking system is grappling with numerous problems, raising concerns over their future. International statistics show that Iran’s ranking in banking management is not very noteworthy.
Tehran Stock Exchange’s main index, TEDPIX, staged a relatively big rally at the beginning of Sunday trading. however, persistent ambiguities in the equity market evaporated part of the gains at…
Oil prices witnessed a sharp plunge last year due to the US becoming self-sufficient in shale oil and China’s sluggish economic growth reducing oil demand and consumption. Hence, oil-rich…
Close to 68,000 tons of mixed rebars and I-beam bundles, 6,444 tons of I-beam A3-12 and 25 and 1,100 tons of mixed rebar bundles were offered by Esfahan Steel Company on Iran Mercantile Exchange’s…
India's giant steelmaker Essar Group is planning to invest $2.37 billion on building a steel plant in Iran, according to managing director of Persian Gulf Special Economic, Industrial and Mining…
According to Governor General of the southeastern Sistan-Baluchestan Province Ali Owsat Hashemi, the province is home to 10% of the world’s antimony reserves, Mehr News Agency reported.
The gloom hanging over the listed industries at Iran Fara Bourse slashed expectations about their performance. The main index IFX edged down 4.85 points or 0.69 percent to end at 693.03. More than…
In a meeting with members of Iran Chamber of Cooperatives, head of Securities and Exchange Organization, Mohammad Fetanat, announced that the so-called "cooperative stock market" is scheduled to…
As the US is waging a dangerous financial war with Iran, some experts are warning that the US could not win such a battle and that this could ultimately destroy the dollar as we know it.
The Central Bank of Iran made sanarate.ir the official website for publishing foreign exchange quotes, escalating the bank’s control over the market. The move came after fallout with the newly…
Chief executive of Iranian Urban Development and Revitalization Corporation announced that Bank Maskan and Ghavamin Bank can also grant renovation loans, which were formerly provided only by five…
Tabarok, a large industrial company, has blamed Bank Sepah for its current share repurchase crisis.
A delegation of 10 fund managers from top investment companies in the United Kingdom, Switzerland, France and Russia concluded their three-day visit to Iran on Wednesday after holding a meeting…
The government has concentrated much efforts on attracting private investments in the mining sector, even as a large number of foreign investors have shown interest in domestic mineral industries…
The deputy chairman of a Serbian manufacturer of agricultural machinery, Ivan Petrich, has invited Iranian tractor manufacturers for cooperation, IRNA reported.
Petrich made the call during…
Iran Fara Bourse’s main index, IFX, rose 6.4 points or 0.93 percent to conclude the week’s first working day at 697.91, IFB reported.
More than 77 million securities changed hands valued at…
The equity market’s risks along with the limping economy kept draining Tehran Stock Exchange during the week that ended June 10, with almost all the 40 listed industries registering new lows.
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Dried or dehydrated fruits are popular snacks throughout the world due to their health benefits, as they contain much of the fruits’ nutritional value, including vitamins, minerals and fiber. They…
A range of steel products produced in Iran have been hit as Chinese exports surge.
The latest data released by Iranian Mines and Mining Industries Development and Renovation Organization,…
Mineral industries account for 45% of industries in the western Hamedan Province, according to chairman of Hamedan Mine House, Rahim Mortezai.
Hamedan has 280 operational mines and proven…
Iran ranked first in cement exports worldwide by sending more than 19 million tons of cement overseas last year, says Morteza Lotfi, the vice president of Cement Industry Employers Association…
