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.
July 21, 2023 18:51
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July 28,2018The Ministry of Industries, Mining and Trade has issued a directive mandating steelmakers to increase their supply to Iran Mercantile Exchange to reach the minimum volume set by the government, or... -
July 28,2018Investors can finally imagine the government loosening its grip on the foreign currency market without being called dreamers. And with the prospect of change on the horizon, stocks have jumped....
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July 28,2018Facilities allocated to Iran's housing sector during the first quarter of the current fiscal year to June 21 increased both in terms of volume and value, the central bank's data show. A Saturday...
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July 28,2018Recent rough patches in the petrochemical market are the result of middlemen rushing to make a quick profit. Following volatility in primary and secondary forex markets, petrochemical markets have...
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July 28,2018Minister of Industries, Mining and Trade Mohammad Shariatmadari unveiled on Saturday the list of products included in the drive called “Intensified Fight Against Hoarding and Stashing” in a letter...
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July 27,2018Abdolnasser Hemmati, the newly-appointed governor of the Central Bank of Iran, has in his first comments as the country's top monetary policymaker pledged to promote the country's economic growth...
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July 27,2018The 4.3% economic growth for Iran confirmed by the International Monetary Fund in its April report is thanks to the allocation of 190 trillion rials ($4.41 billion) in loans to the manufacturing...
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July 27,2018A total of 585,906 cases of theft were reported in the fiscal 2016-17, registering a rise of 7% compared with five years before, the Statistical Center of Iran said. The nationwide rate was one...
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July 27,2018A third unofficial foreign exchange market has emerged, despite the government's efforts to prevent the turbulent currency market from spiraling out of control, a lawmaker warned. "In fact, a third...
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July 27,2018With the reimposition of US sanctions on Iran expected to come into effect in autumn,...
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July 27,2018Investors took a wait-and-see approach last week at the stock market, as political tensions escalated between Iran and the United States, with the first wave of sanctions against the Islamic...
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July 27,2018Residential deals in Tehran cooled in mid-summer but prices continued on their rising trajectory, the latest data released by the Central Bank of Iran show. A report published on CBI's website on...
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July 25,2018According to data released by Financial Information Processing of Iran, the 214 investment funds in Iran’s capital market posted an average return of -0.08% during the fourth month of the current...
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July 25,2018Tehran Stock Exchange’s main index gained 404.11 points or 0.37% on Wednesday to end trading at 108,800. About 2.45 billion shares valued at $79.71 million changed hands at TSE for the day....
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July 25,2018The Majlis Economic Commission criticized the government’s poor handling of a crisis that hit the hard currency market in April and stressed the need for measures to boost the Secondary Forex...
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July 25,2018Esfahan Steel Company has produced the second batch of rails to be delivered to the Islamic Republic of Iran Railways. The batch contains 1,000 tons of U33 rails as part of ESCO's commitment to...
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July 25,2018Iran’s Social Security Organization does not abide by the law and it has caused numerous problems for different businesses, said representatives of the private sector in the 19th session of Tehran...
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July 25,2018The Oesterreichische Kontrollbank AG (OeKB) will issue guarantees for the overwhelming majority share of Iran-Austria trade, the president of Vienna Economic Chamber has said. "During our...
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July 25,2018Iran’s Ministry of Roads and Urban Development is pursuing a change in the way home rent contracts are devised to curb skyrocketing rents and provide a helping hand to frustrated tenants that have...
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July 25,2018The Cabinet on Wednesday agreed to appoint Abdolnasser Hemmati as the new governor of the Central Bank of Iran, a move widely seen as the first step in the widely expected reshuffle of President...
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July 24,2018Iran's in-the-works national cryptocurrency, which is expected to be unveiled soon, will in its first operational phase solely focus on clearing limited bank transactions, a top advisor to the...
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July 24,2018Minister of Cooperatives, Labor and Social Welfare Ali Rabiei said a total of 43 medical centers are under construction in Iran while studies are being carried out to soon build 58 more. In the...
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July 24,2018The new regulation regarding the establishment of pharmacies has invited a wide array of criticism, as it allows a decrease in the number of active doctor’s offices required for the establishment...
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July 24,2018Tehran’s construction material price index hit 250.8 over last spring, registering a 12.4% increase from the previous quarter and a 27.3% growth compared with the same period of last year, the...
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July 24,2018Iran’s sovereign wealth fund deposited a total of 14 trillion rials ($320 million) with six agent banks in the first four months of the current fiscal year (ended July 21) for the lenders to...
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