Some iron ore mines have been storing their products in depots due to the low global prices, ISNA quoted a member of the Iron Ore Producers and Exporters Association of Iran as saying.
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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.
While millions had their eyes on Berlin as the city hosted the UEFA Champions League final on June 6, the European capital also hosted a three-day conference on high-tech entrepreneurship in Iran…
In an exclusive interview with the Financial Tribune, CEO of Iran Fara Bourse Amir Hamouni said companies willing to transfer ownership or be merged with other companies but are not listed at IFB’…
Iran's equity market on Monday saw a number of European frontier fund managers pledge to invest after the removal of western sanctions imposed against Iran over its nuclear energy program, SENA…
Zimbabwe has called on Iran to share its expertise with the African country in mining research and development, said the head of the executive board at the Iranian Mines and Mining Industries…
The central bank’s deputy governor for supervision has announced that the non-performing loans ratio fell 2.4 percent to 12.6 percent in May from 15 percent in March 2014.
Hamid Tehranfar…
Japan has gone through a banking crisis. The Keiretsu – a type of informal business group revolving around a bank – dominated the Japanese economy over the last half of the 20th century. The…
President Hassan Rouhani on Sunday urged commercial banks to promote transparency in transactions, asking them to make the environment safe for “legal business” and unsafe for “shady practices.”…
Bank Maskan (Housing Bank) on Monday ordered all its branches across the country to raise mortgage loan ceilings for first-time buyers in Tehran and other cities and towns, IRNA reported citing an…
Last week’s remarks by top monetary and financial officials at the 25th Annual Conference on Monetary and Exchange Rate Policies led to ambiguity over the exchange rate policy of the government.…
The secretary-general of the Central Bank of Iran elaborated on the benefits of Checkavak, the unified electronic check exchange system, in a televised program on Saturday.
An analyst has made the case that a rise in business lending not only has no inflationary effect, but also accelerates economic growth.
Asian Infrastructure Investment Bank will officially launch business in 2016 with 57 prospective funding members, including the Islamic Republic of Iran.
Two members of the parliamentary economic committee were selected on Sunday to supervise the operations of the Supreme Council of Insurance (SCI). In an open session, Nasser Mousavi Largani and…
Two members of the parliamentary economic committee were selected on Sunday to supervise the operations of the Supreme Council of Insurance (SCI). In an open session, Nasser Mousavi Largani and…
The gloom hanging over Tehran Stock Exchange keeps dragging down the benchmark, with both retail and institutional investors slashing their expectations about a high yielding market in the near…
Indonesia’s plan to carry out massive infrastructure projects across the country has attracted foreign investors, including the Iranian government, says a senior Indonesian official.
Iran’s capital market has undergone tremendous fluctuations owing to the country’s ambiguous economic status in the past two years. While many here at home and overseas have faith in the market’s…
The two-day Iran Mines and Mining Industries Conference (IMIS 2015), held in Tehran last week, provided an opportunity for foreign mining industry experts to discuss the future of Iran’s mining…
Iran Fara Bourse’s main index, IFX, extended its downtrend, and ticked down 6.1 points or 0.86 percent to catch up with Tehran Stock Exchange and end at 702.71 at Sunday’s close. More than 66…
American businessmen are scouring Iran for businesses to buy and deals to scoop in anticipation of the lifting of economic sanctions against Iran and its opening to foreign business. They are…
A parliament member expressed concern over banks’ speculative activities, as they use over half of their money to run non-banking businesses, putting depositor’s savings at risk. This exceeds the…
The National Petrochemical Company is in talks with the Securities and Exchange Organization to set up an investment fund, NPC's vice president said on Saturday, as the industry looks to expand…
The government and the central bank have “no obligations” to protect Mizan Credit Institution or its depositors, Central Bank of Iran Deputy Governor Akbar Komijani told Eghtesad News on Saturday…
The Turkish holding company Yildirim has offered to invest in ferrochrome mining projects in Iran, announced the ministry of industry, mine and trade.
