Trade between Iran and Ireland has been hampered in recent years due to the ongoing closure of the Irish embassy in Tehran. In 2012, the Irish government decided to shutter the embassy stating a…
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.
Japan is willing to make investment in Iranian infrastructure projects, including the under construction Isfahan-Tehran high-speed railway, ISNA reported on Saturday.
Standard Chartered Plc. has hired two former prosecutors to police its transactions for criminal activity, a spokesman said on Friday, as the British bank wrestles with a series of legal and…
After six months, China has eventually announced the offering of €18 billion in credit to the giant industrial projects in Iran, Tasnim news agency reported on Friday. Beijing has already agreed…
The parliament is mulling over to set the guaranteed price of agricultural commodities via the Iran Mercantile Exchange. Formerly, the government guaranteed farmers to purchase their products but…
Over 66% of the plan drawn up to produce copper cathodes in the current Iranian calendar year (ending March 20, 2015) has been realized, IRNA reported on Friday citing a top official at the…
The annual 20-million-metric-ton sThe annual 20-million-metric-ton surplus in the cement sector together with theurplus in the cement sector together with the continuous stagnation in the capital…
Iran has agreed to give a subway project in its northeastern city of Tabriz to a Turkish contractor, the Pakistan’s Customs Today reported.
The Tehran Stock Exchange (TSE) wrapped up the week's trading days ending December 24 on a relative high note, with the overall index registering almost 0.95 percent gains, and recording the first…
Bimeh Markazi (Central Insurance of Iran) has released a report criticizing some Iranian insurers for not filing data about their risky assets. On Thursday, regulator Bimeh Markazi published…
C hekavak, an electronic check processing system, is to go operational in Tehran from Saturday with the primary target of eliminating the circulation of physical checks in the banking system and a…
Since western sanctions intensified against Tehran, Iran’s pharmaceutical industry has been among hardest hit sectors, as the country is heavily reliant on pharmaceutical imports to meet its needs…
Bank Keshavarzi (agriculture) has conducted a set of exercises to implement emergency protocols for providing services to customers in case of a cut off from data systems.
The exercise took…
Saderat (exports) Bank offered 442 trillion rials ($12.4 billion at market exchange rate) in loans from March to October this year.
The loans have been given by the Tehran-based lender to…
The vice president for science and technology announced that the amount of research funding in different areas has increased between 3-14 percent in next year’s budget, MNA reported on Wednesday…
The Rouhani administration seeks to create an international financial hub in one of the free economic zones as Iran moves towards opening its market and securing its place as the region’s frontier…
The development of e-government is the only way to eliminate corruption at all government levels, vice president’s deputy for legal and parliamentary affairs told IRNA this week.
T ehran has a huge pollution problem. We all know this to be one of the bugbears of living in this city.
Iranian businesses are interested in investing in India’s steel and mining sector, said Iran’s ambassador to New Delhi, Gholamreza Ansari, during his meeting with India’s steel and mines minister…
The Tehran Stock Exchange’ gauge recorded its third consecutive positive day to recoup some ground after recent sharp retreat and selloffs; however, the cloudy prospect of the economy is expected…
New plans devised to develop mines across the country need financial resources as much as $29 billion, said Mehdi Karbasian, the head of the Iranian Mines and Mining Industries Development and…
The industrial and mining trading floor at the Iran Mercantile Exchange (IME) played host to various rebar bundles, blooms, I-beams, hot and cold-rolled steel, aluminum ingots and billets on…
The northwestern province of West Azarbaijan, which has some of the most diverse decorative stone resources among Iranian provinces, exports only 40% of the minerals it extracts every year, ILNA…
The governments of Iran and China have concluded a contract to finance the construction of new subway lines between Tehran and two nearby cities, lawmaker Gholamreza Kataeb told FNA on Monday.
Financial intermediaries act as “the circulatory system” for the economy as the body, the former vice chairman of Citigroup Inc said here in Tehran, “so an interruption in the function of these…