Tehran’s currency market was taken by tumult on Saturday as Friday’s hit on bullion transpired into a fall in the Azadi gold coin. Gold took a large hit on Friday, as a rally in the dollar hit…
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 Export Development Bank of Iran (Iran’s Bank Tose-e Saderat) has announced that it will finance Iranian companies that win tenders offered by the OPEC Fund for International Development (OFID…
The new proclamation by the government has tasked the ministry of economic affairs and finance with fully implementing the policies to get the country out of stagnation without increasing…
The Iranian Ceramic Products Syndicate (IRCPS) said on Saturday that the country’s tile and ceramics industry is working at only 40% capacity and that many companies are on the verge of bankruptcy…
Over 43,000 tons of various commodities were up for grabs on the spot market at the Iran Mercantile Exchange (IME) on Saturday, according to the IME’s public relations office.
The figure…
The Iranian Cement Industry Association is sending a proposal to the ministry of industry, mine and trade seeking to put an end to cement exports through channels other than the Iran Mercantile…
A big rally at the Tehran Stock Exchange (TSE) pushed the TEDPIX above 75,000 at Saturday's close, demonstrating a strong bullish trend, as all indices recorded breathtaking earnings, with the…
Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) said the new policies pursued by the organization encourage the presence of the private sector in new…
The Securities and Exchange Organization (SEO) said it was holding negotiations with the oil ministry to remove the obstacles faced by the listed petrochemical companies and refineries, reported…
Despite the fact that Iran is a major producer of herbs in the region, the industry remains somewhat low-profile. That is mainly because Iranian products are offered in loose packaging that…
An official with the Tehran Stock Exchange (TSE) has said that more foreign investors are entering the equity market despite financial restrictions imposed by western sanctions.
“The TSE…
The 2nd Iranian Auto Industry International Conference (IAIIC) is due to be held in December in Tehran to present the attractions of the country’s auto industry to global automakers.
Plenty of skeptical investors are mulling over pouring money into the Tehran Stock Exchange (TSE), as the bull market has been reigning for more than past two months at the equity market. …
Launching steel plants in the southeastern province of Sistan and Baluchestan will help local economy grow, said Hamed Ali Mobaraki, head of the Chabahar Free Trade and Industrial Zone (CFTIZ). “…
Initial policies for the use of the digital currency Bitcoin are being set out by the National Center for Cyberspace (NCC), the deputy head of regulatory affairs of the organization told IRNA on…
Almost one year after the US began to loosen sanctions on exports to Iran, Apple is reportedly in early stage talks with distributors to start official sales of its products in the country.
The Azadi gold coin is set for a drop on Saturday and Sunday before Iran's market takes a two day break on Monday as Iranians mark Ashura, mourning the martyrdom of Imam Hussein and his companions…
The head of Iran’s Quality Management Society has said that in the past 10 years no manufacturer has managed to win the main standard prize awarded annually by the National Standards Organization…
Iran’s rank for ‘ease of doing business’ in 2015 has been improved to 130th position globally, from 132nd in 2014, according to a new World Bank report.
The secretary general of Central Bank of Iran (CBI) has stated that the bank is the main organization in charge of issuing banknotes with high security features.
Mahmoud Ahmadi said on…
Small industries now account for 45 percent of total employment in the country, according to the deputy head of the Iranian Small Industries and Industrial Parks Organization (ISIPO).
The governor of the Central Bank of Iran (CBI), Valiollah Seif, has met with Indian officials in New Delhi, exchanging views on how to develop and broaden economic ties, IRNA reported. Trade…
Local petrochemical companies offered various chemical commodities on the oil and petrochemical trading floor at the Iran Mercantile Exchange on the last trading day of the week.
According…
Prices of metal building materials sharply fell during the first half (March 21-September 22) of the current Iranian calendar year, a new report said on Wednesday.
The Tehran Stock Exchange’s main index (TEDPIX) had a bullish trend at this week’s last trading day, after most indices settled in green and wiped out earlier losses.
Based on the TSE’s…
