Migration of rural population to urban areas is causing capital outflow from the agricultural sector, warned Hamed Qaderzadeh, an agricultural expert.
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.
Defying a recent decision by the High Council of Statistics, Valiollah Seif, governor of the Central Bank of Iran, said CBI will continue to release statistics on the economic indicators. The…
Minister of Economic Affairs and Finance Ali Tayyebnia said expanding cooperation among regional economies is among the strategic plans of the Islamic Development Bank over the next 10 years.
Vice governor for supervision at the Central Bank of Iran has announced that Mizan Credit Institution’s customers need not worry about their deposits since they will be paid from the institution’s…
A Tehran-based economist has criticized commercial banks for having failed to act in accordance with Resistance Economy, a set of guidelines introduced by the Leader of Islamic Revolution…
Iran Mercantile Exchange featured various types of steel products offered by local suppliers in the spot market on Wednesday.
The northwestern province of Zanjan offers vast opportunities for investment in mining activities and mineral processing industries, according to studies conducted by the Parliament Research…
After a massive retreat on Tuesday, Tehran Stock Exchange’s overall index inched up 5.2 points or 0.01 percent to 62,323.1 with most indices settling in red.
After a few days of rout at Iran Fara Bourse, the benchmark, IFX, slightly rebounded to 0.35 point or 0.05 percent to settle at 691.51. The IFB also recorded the highest trade volume in the week…
With wild fluctuations tarnishing the stock market and the incoming flow of pessimistic reports on firms’ profitability, many investors seek to pour their capital in safer, less risky markets. In…
Steel producers are struggling with a glut in both domestic and international markets. Some analysts believe the manufacturers have no option but to reduce production, arguing that keeping…
Ebrahim Hamidi, a member of the strategic council of Iran's Insurance Company, regarded poor services offered by insurers as the main reason behind citizens' reluctance to take out life insurance…
The Central Bank of Iran has repeatedly cautioned commercial banks against doing business with illegal financial institutions, but it seems the warning has largely fell on deaf ears.
Akhbar…
The central bank has tightened its grip over the foreign exchange market by increasing supervision. But time and again the bank has distorted the market.
Iran Financial Center is holding an options and futures workshop in Switzerland to train Iranian financiers. The two-day workshop is a joint project between the center and the Centro di Studi…
Iran extracts about 17 million tons of decorative stones annually, only 4% of which is exported, generating revenues of about $200 million per year, chairman of Stone Association of Iran,…
Deputy minister of industry, mine and trade, Mehdi Karbasian, says the administration’s special plan to produce iron ore concentrate and iron ore pellets will end the export of unprocessed iron…
Market participants and stockholders express relief at the possibility that downward price trends have ended and stock values are near equitable levels.
Financial Tribune’s sister-…
The gloomy economy, lingering western sanctions against Iran’s nuclear program and investors’ overreaction fueled a massive selloff on Tuesday with Tehran Stock Exchange’s gauge recording a record…
A former governor of the Central Bank of Iran has criticized the composition of the Money and Credit Council, saying the area of expertise of its members is irrelevant to the council’s tasks.…
The Securities and Exchange Organization extended the underwriting of Ganjineh Ayandeh Roshan Exchange-Traded Fund for three days, Bourse Press reported on Tuesday, as the sale of the fund’s units…
Minister of Roads and Urban Development Abbas Akhoundi said the former administration's intervention in banking affairs has "weakened" and "crippled" commercial banks.
"Any government…
The High Council of Statistics has approved that the Statistical Center of Iran will be the “sole official” entity in charge of gathering information and releasing data on economic indicators,…
Under a new clause the parliament has added to the Monetary and Banking Act’s Article 39, the Central Bank of Iran has the legal authority to take action against unauthorized financial and credit…
Kouhdom Gold Mine, located 110 kilometers northeast of the central city of Ardestan in Isfahan Province, has the capacity to produce 300 kilograms of gold every year once it comes into operation,…
