A new project in the western province of Hamedan is aimed at producing paper from lime, head of the provincial industry, mine, and trade organization, Hamidreza Matin, told Mehr News Agency.
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.
Despite being home to a wide range of decorative stones, Iran holds a meager share of the global market, due partly to poor marketing, unavailability of well-known brands and export barriers,…
Tohid Tasoujian is a co-founder of online fashion store Taxi Moda and one of a growing breed of Internet entrepreneurs in sanctions-hit Iran.
Stocks at the equity market are getting thrashed with low trade volume and value, underscoring the unsettled state of investors amid the economic woes.
Saturday trading at Tehran Stock…
The Iranian Mines and Mining Industries Development and Renovation Organization and its affiliated companies have invested more than 16.3 trillion rials ($563 million at official exchange rate) to…
Based on a memorandum of understanding (MoU) between the Ministry of Roads And Urban Development and Imam Reza Mehr Fund along with Cooperative Investment Guarantee Fund, 1.2 trillion rials ($41…
The National Iranian Oil Company will sell bonds to finance its projects, said its chief executive on Tuesday.
To finance expansion plans in the oil industry, 50 trillion rials ($1.7…
The Iranian government will issue Islamic bonds in the near future to help repay its debt to banks, Ali Akbar Komijani, deputy governor of the Central Bank of Iran, said on Friday.
Pundits and economic officials, who convened for the second and the final day of the 25th annual Conference on Monetary and Exchange Rate Policies in Tehran, made a last-ditch effort to voice…
Money supply growth slowed down to 20-22 percent from 31 percent during the current administration, Peyman Ghorbani, vice governor of the Central Bank of Iran, said on Friday. Further defending…
Around 292,000 tons of commodities were offered on Iran Mercantile Exchange’s different trading floors on Tuesday, IME reported.
Students from the Islamic Azad University of Abhar in the northwestern Zanjan Province have developed a special type of nano cement, used for the production of ultra-high performance concrete,…
Close to 80 million securities changed hands at Iran Fara Bourse’s secondary market during the week that ended June 2, valued at a total of about $8 million to record a 112-percent surge in trade…
Prevailing concerns over the sluggish economy were accompanied by a fresh downbeat performance at Tehran Stock Exchange, with TSE benchmark piling up more losses to record a third consecutive…
The northwestern East Azarbaijan Province is the third biggest steel producer in Iran after Isfahan and Khuzestan, according to the provincial Industry, Mine, and Trade Organization.
Imports are almost nonexistent in Iran’s ice cream market, due mainly to the availability of domestic products in a variety of flavors and forms, suggests a report by Persian economic daily Forsat…
With the fourth largest proven oil reserves in the world, Iran's economic policies have become subservient to its oil revenues, stifling growth and productivity in other sectors of the economy – a…
The launch of the first online banking encyclopedia titled Wiki Mabnaa was announced during a monetary conference in Tehran. As a free volunteer-edited and specialized encyclopedia in the field of…
Foreign exchange deputy at the Central Bank of Iran has advocated the expansion of non-oil exports as a means to achieve a unified foreign exchange regime.
Although the industry minister recently announced that the price of industrial commodities would not be affected by the hike in fuel costs, officials of Iran Cement Industry Association have…
The two-day Iran Mines and Mining Industries Conference wrapped up in Tehran on Monday. The IMIS 2015 was attended by a number of cabinet ministers, dozens of managers and consultants from 20…
As inflation-combating policies have taken hold on the economy, investment-based markets like the stock exchange and housing have again started to outperform price-based markets like currency and…
The government will soon decrease the rate of mining royalties imposed on iron ore mines, Tasnim News Agency quoted Minister of Industry, Mine, and Trade, Mohammad-Reza Nematzadeh as saying on…
The government will soon reduce the rate of mining royalties imposed on iron ore mines, Tasnim News Agency quoted Minister of Industry, Mine, and Trade, Mohammad-Reza Nematzadeh as saying on…
The ministry of industry, mine, and trade is planning to engage in research and exploration for radioactive minerals, Minister of Industry, Mine and Trade Mohammad-Reza Nematzadeh was quoted by…