Private sector role in semi-complete and new mining projects is of the ascending order and businesses should be encouraged further to invest in the industrial and manufacturing sectors, 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.
The Azadi gold coin took a large hit on Wednesday, following the drop in gold spot price as the dollar rallied in the international markets. The benchmark gold coin fell by 1.2 percent, to a nine-…
Following our introductions to Iran’s Free Trade Zones, we will now move on to the next section in commercial areas, this time the Special Economic Zones.
The term special economic…
Commercial banks in Iran charge high interest rates on loans they award to exporters, according to the CEO of the Export Guarantee Fund of Iran, who complained that the high interest rates on…
Indian refiners completed payment of $900 million in frozen oil revenues to Iran on Wednesday under an interim deal that eased some sanctions against Tehran over its nuclear energy program, said…
Total premiums grew by over a third in the six months ending September 22, compared to the same period last year. The high growth rate in the insurance sector came despite the financial sanctions…
Multiple petrochemical companies offered 20 types of chemicals on the oil and petrochemical trading floor of the Iran Mercantile Exchange on Wednesday, the IME’s PR and foreign affairs department…
The export value of white Portland cement and iron ore with a purity of less than 40 percent have reached $1.2 billion within the first half of the current Iranian year, ending Sep. 22, ILNA…
The real estate market has seen some positive changes since September and this is expected to benefit many home buyers and renters. The changes are also affecting people’s interest in applying for…
Enthusiasm for buying shares in a buoyant Tehran stock market has significantly increased, after stocks persisted in making gains, pushing the TEDPIX to over 76,000 points on Wednesday.
The…
Long products market in Iran was quiet last week, according to irsteel.com. Debar price dropped around 100,000 rials per ton and the average price of Esfahan Origin debar declined from 18.8…
The head of Tehran’s Union of Garment Manufacturers and Sellers has called for the garment industry to be revitalized by stopping illicit import of garments.
“Illicit import of garments…
Tuesday was the date set for the release of the fifth installment of Iran’s frozen assets as part of the extension of Tehran’s nuclear deal with the six world powers. There is yet to be any…
Maku Free Trade Zone or MFZ is one of Iran’s least well known transit points positioned in the west of the country. With just over 20 kilometers (13 miles) from the Turkish border and surrounded…
The Central Bank of Iran has recently launched two new systems for minimizing check fraud and forged securities, IRIB reported.
The two new systems called Kashef (discover), and Namad (…
US car-makers have neither declined nor accepted an invitation to participate at the International Auto Industry Conference to be held in Tehran on December 1, Sasan Qorbanim, the conference…
More than 166,000 tons of various commodities were traded at Iran Mercantile Exchange on Sunday, valued at $3.5 trillion, the IME’s PR and foreign affairs reported.
According to the report…
Pharmaceutical products and medical supplies have been exempted from US and EU-imposed sanctions for “humanitarian reasons,” in the words of the US government. Despite that, Iran reported…
The ongoing buoyant trend at Tehran’s stock market is enticing both retail and institutional investors to return their capital into the equity market, after the TEDPIX surged more than 4.5 percent…
Copper and copper concentrate export revenues will jump to over $2 billion in the near future, the minister of industry, mines and trade has recently announced, as reported by ISNA. “If the…
A new ruling by the Expediency Council has slightly modified the requirements for the appointment of new governors of the Central Bank of Iran, originally stipulated in a 1972 State Monetary and…
Savings held by citizens amount to around 6.5 trillion ($200 million) and funnel this sum to the stock market can help boost the manufacturing sector, says the vice president of the Iranian…
In a bid to expand free trade zones across the country, the government has already approved plans to establish new zones in Jask Port, Hormozgan Province and in Boushehr city, Boushehr Province,…
The Global Gender Gap Report 2014 indicates that Iran has made huge strides in pushing female tertiary education, with recent figures showing women now outnumber men in universities and other…
U US authorities are investigating London-based Standard Chartered Plc. for potential US sanctions violations connected to its banking for Iranian-controlled entities in Dubai, Reuters revealed on…
