Amid heated debate among economists, politicians and industrial analysts on the future of Iran’s manufacturing sector, experts have pointed to the failure of domestic companies to advertise their…
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 s foreign investors focus on new opportunities in Iran’s capital market, two companies from the United Kingdom are negotiating with Iran Investment Company (IIC), Tasnim news agency quoted ICC…
The head of iron and steel union says the low consumption of steel products has caused declines in the prices of reinforcing bars and iron beams, ISNA reported. The downturn in the market has…
The administration supports the idea of decreasing deposit rates from maximum 22 percent now, said Mohammad Bagher Nobakht, the president’s adviser for supervision and strategic affairs.
The harm done by unauthorized credit institutions within the banking network has gone so far that the Supreme National Security Council (SNSC) has now gotten involved in the process to enhance the…
Lending to businesses has rocketed in the past year. Although banks are still suffering from toxic debt, efforts by the central bank seem to have borne some fruit. Not only has lending jumped, but…
It is high time for Iran Chamber of Guilds to set up a bank of guilds, an official in the ministry of industry, mine and trade said, as reported by IRNA on Wednesday.
The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) said the cabinet has approved of providing tax breaks for value-added tax (VAT) to the insurance fund of…
The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) said more than 25.7 million metric tons of iron ore concentrate was produced during the past Iranian…
The Central Securities Depository of Iran (CSDI) is gearing up to provide essential infrastructure to help globalize Iran's equity market, SENA reported.
In spite of positive speculations about the economic outlook, stocks underperformed and pushed the TSE's overall index to settle in red at Wednesday close.
Various grades of bitumen have been listed on the export trading floor of the Iran Mercantile Exchange (IME) on an almost daily basis since the beginning of the new Iranian year, which started…
More than 354,000 metric tons of aluminum were produced over the past Iranian calendar year (ended March 20) by major producers across the country.
The Iranian Aluminium Company (Iralco),…
Deputy minister of industry, mine and trade and head of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), Mehdi Karbasian, on Monday traveled to Kazakhstan…
While the export of raw minerals has for long been the subject of intense scrutiny by government authorities and the parliament, some miners and mining experts believe that the country’s…
The Tehran Stock Exchange benchmark snapped three days of losing streak, and ticked up 11.2 points or 0.02 percent at Tuesday close to settle at 68,465.3.
A major financial group that recently paid a visit to Iran's equity market is reportedly gearing up to invest in a new industry with an initial investment of up to $100 million, bourspress…
According to the ministry of industry, mine and trade, the amount of investment in the non-metal minerals sector stood at $393,000 during the 11 months of the past Iranian calendar year (ended…
Central Bank Governor Valiollah Seif announced on Monday night that it is not feasible to implement the plan to unify foreign exchange rates.
Officials have been discussing in recent months…
The Asian Clearing Union (ACU) meeting was held at Central Bank of Iran’s (CBI) headquarters in Tehran on Tuesday, according to CBI’s public affairs office.
Present were CBI’s foreign…
Foreign exchange rates have a direct impact on a country's economy. Thus, central banks as the overlords of monetary policy have another lever to pull when pushing their agenda. The Central Bank…
Bank Maskan kept mortgage ceiling unchanged for the current fiscal year starting March 21. The traditional mortgage provider will keep the ceiling for loans at 350 million rials ($10,500 at market…
The industrial and mining trading floor of the Iran Mercantile Exchange (IME) played host to 69,200 tons of various steel sheets offered by Mobarakeh Steel Company on Monday trading, according to…
The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) says it will unveil a top-priority plan in the central town of Bafq in Yazd Province to extract and produce…
Inspecting industrial projects in the southern province of Fars, minister of industry, mine and trade, Mohammad Reza Nematzadeh anticipated that the domestic steel production chain will be…
