The minister of industry, mine and trade says he has personally followed up the progress of several steel production projects, and has urged the removal of obstacles on the way of unfinished…
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.
Shopping in Iran remains a very local affair, unlike in Europe which since the 1950s has been dominated by the growth of large superstores.
Insurance coverage of the Export Guarantee Fund of Iran increased by 30 percent in the first eight months of the current Iranian year compared to the same period of the previous year, IRNA quoted…
IIran has been picked as a key member of the steering committee for Expo 2015 after it gained a majority of votes, Seyed Mohammad Jozi, the consulate general of the Islamic Republic of Iran in…
Parsian Bank’s CEO has announced his private bank is now offering premium banking services to regular and new customers. Parsian is one of the first banks to develop this new method of attracting…
New data provided by the Central Bank of Iran (CBI) shows that the rate of investment in the housing sector has increased to 44.3% this year from 38% in the Iranian calendar year of 1385 (March…
Iranian Steel Producers Association (ISPA) announced Saturday that steel import has increased by 33 percent in the first half of the current Iranian year (March 21-September 22), compared to the…
More than 89,000 tons of 33 types of commodities were offered on the spot market at the Iran Mercantile Exchange on Saturday, IME’s public relations and international affairs office reported.
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Fragile atmosphere at the Tehran Stock Exchange (TSE) has dragged down the benchmark further to settle at a striking distance from its record low set in the past 12 months.
The steady…
The French carmaker Peugeot is once again in a joint venture with Iran's biggest carmaker 'to help Iran revolutionize its auto industry', Hashem Yekeh-Zareh, the managing director of Iran Khodro…
More than 64,000 cars were imported to Iran within the first 8 months of the current Iranian year (March 21-November 21), demonstrating a 77 percent hike, compared to the same period last year,…
Iran’s silver, gold and platinum mobile phone number industry, like many around the world, has become deregulated over the past decade.
Iran now ranks as one of the countries where a mobile…
Determining the official dollar exchange rate for next year’s budget is a daunting task. A slight miscalculation by the government or the central bank would cause severe economic problems, says a…
The first vice president called for the active participation of insurance companies in the stock market, on the occasion of the 21st national and seventh international conference on ‘Insurance and…
The governor of the Central Bank of Iran, Valiollah Seif, predicted the Iranian economy to grow and inflation to see further declines. Seif forecasted the economy would expand by three percent in…
The spot market at the Iran Mercantile Exchange (IME) witnessed an overall trade of more than 506,000 tons of commodities last week (ended Decem0ber 4), worth almost 9.7 trillion rilas, the IME’s…
The newly-formed national union of cooperatives for mines and steel - composed of numerous cooperatives in mining and steel manufacturing sector, plans to find a way to overcome the existing…
The head of the executive board at the Iranian Mines & Mining Industries Development & Renovation (IMIDRO) has denied reports on a recent decision to import Indian crude steel and steel…
The French automaker Renault has fallen short of fulfilling its promise to export Tondar 90 (Logan) spare parts to Iran, causing a decline in the production of the small family car here, ISNA…
Stocks at the Tehran Stock Exchange were knocked hard in the past week, ended December 3, with the TEDPIX wiping out almost 3 percent of its value to record one of its worst weeks within the…
Mortgage-backed securities, which experienced unprecedented price hikes during the past few months, even reaching 1,000,000 rials for a 5-million-rial housing loan in May, have lost some value,…
The export of iron ore during the eighth month of the current Iranian calendar year (ended November 21) declined 90 percent to reach 144,900 metric tons, based on official statistics from the…
Bimeh Iran (Iran Insurance Co.) has paid $3.9 million to Iran Aseman Airlines in an insurance claim.
The insurer paid the money to cover the airline’s loss of revenue due to the…
The Bank of Industry and Mines is the first commercial bank to draw from the recently established Sino-Persian credit line to finance large infrastructure projects around the country.
The 21st national and seventh international conference on ‘Insurance and Development’ will be held today (Dec. 4), at the IRIB International Conference Center, the PR office of the Central…
