A decision to cut the deposit rate ceiling will not necessarily support the capital market in Iran, said an expert on Saturday.
The marathon decision-making process to lower 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.
A member of the parliament’s budget and planning committee has voiced his discontent with the way banks are currently conducting business.
In an interview with IRNA, Jafar Ghaderi, an MP…
Bad debts held by Iranian commercial banks have been rising in recent years since the financial institutions have chosen the interest rate as their main source of revenue. A former banking…
Minister of Industry, Mine and Trade, Mohammadreza Nematzadeh has anticipated that raw mineral exports will come to an end within the next three years as investments in the manufacturing sectors…
The Iran Mercantile Exchange (IME)’s oil and petrochemical trading floor featured 24,250 tons of various petrochemical commodities offered by local petrochemical complexes on Saturday trading, IME…
The members of Tehran Chamber of Commerce, Industries, Mines, and Agriculture (TCCIM) elected Mas’oud Khansari – the sole candidate running in the election – as the new chairman, IRNA reported on…
An Omani trade delegation, comprised of more than 50 high-ranking business owners and investors, held negotiations with Iranian companies and industry players in Tehran on Saturday.
Rice by-products including rice straw, rice husk (or hall), and rice bran are largely considered as waste products by Iranian farmers who either burn them or feed them to the cattle. However, a…
Stocks staged a rebound on Saturday; however, an early rally evaporated by the end of trading, with the Tehran Stock Exchange (TSE)’s overall index stretching its losing streak.
The Iranian cabinet has approved a plan to issue new bonds to attract funds for oil and gas projects, IRNA reported. Oil and gas projects that are shared with neighboring countries will be…
The head of Middle East Bank, Iran’s privately-owned bank, said European investment funds are regularly visiting his Tehran offices to express interest in investing in the country once sanctions…
T he central bank is pushing to cut interest rates, through the Money and Credit Council, said the bank’s governor, as it tries to keep a balance between curbing inflation and protecting business…
A stock market expert has made the case that the recent move to lower deposit rates will in effect hurt the stock market.
Gholamreza Salami told ISNA that to go ahead with the…
According to the latest report by the World Steel Association (Worldsteel), Iran produced more than 4 million metric tons of crude steel during the first quarter of 2015, registering a 9.6% growth…
Trade value at Iran Farabourse during the week that ended April 22 surged about 72 percent compared to the previous trading week to register a new record high, as new companies are being listed in…
Most of the stocks at the Tehran Stock Exchange (TSE) underperformed in the week that ended April 22, to push the overall index to shed more than two percent, and register the second negative…
In a meeting with senior members of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) earlier this week Afghan President Mohammad Ashraf Ghani pledged to offer every possible…
The extraction and processing of minerals in mines affiliated to the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) experienced growth in the past Iranian…
The Central Bank of Iran lifted a ban on one billion rial checks issued by Iran Zamin Bank, allowing the lender’s checks to be processed in all bank branches across the country.
The domestic economy is currently on the right track, said Central Bank Governor Valiollah Seif in an interview with CCTV America on Sunday.
Iran’s financial system is dominated by banks. With a small and undeveloped stock market, the only way firms can raise money is through borrowing from them. This slaves the economy and businesses…
Saman Bank has started offering a new online service which enables customers to verify bank guarantees. Through the system, customers will have access to the amount, date of validity and bank’s…
Iran ranked 6th out of 179 countries in terms of having high Gross National Saving (47.3%) in 2014. Presented as a percent of GDP, it is derived by deducting final consumption expenditure from…
According to the minister of industry, mine, and trade, the production of 50 to 60 million metric tons of crude steel by 2025 – as targeted by the National Vision Plan – can be only achieved…
Khuzestan Oxin Steel Company, located in the southwestern city of Ahwaz, unveiled its new steel plates during a ceremony attended by the head of the Civil Servants Pension Organization (CSPO),…
