The Islamic Republic of Iran Customs Administration has issued a directive based on which no more steel ingots and rebars will be imported with the official exchange rate, Fooladnews reported…
Business And Markets
<p>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.</p>
The Central Securities Depository of Iran (CSDI) signed a memorandum of understanding with the Central Securities Depository of China (CSDC) based on which the Iranian stock market would link to…
Despite the great emphases Iran and Russia laid during the past months on increasing the export of Iranian food and agricultural products to Russia, the soft commodities had a very little share in…
Close to 50 grades of polymers were on sale on the oil and petrochemical trading floor at the Iran Mercantile Exchange on Tuesday, IME’s PR and foreign affair department reported.
…
Iranian Mines and Mining Industries Development and Renovation Organization, IMIDRO, has picked three consortia to join projects to produce iron concentrate and iron ore pellets, reported…
The Iranian Association of Steel Producers said the country’s steel production rose by 7% in the first half of the current Iranian calendar year compared to the same period last year, reported…
Stocks at the Tehran Stock Exchange (TSE) failed rally for a second straight day, after most of the listed stocks had a mixed trading day, with the TEDPIX inching up only 0.01 percent.
The…
More than 120 trillion rials have been injected into the capital market within the first half of the current year, ending Sep. 22, demonstrating a tepid growth in comparison to the same period…
Esfahan Steel Company has signed an agreement with the Tunisian company ARKEN to do exploration and extraction activities, equip and exploit mines, and build steel manufacturing units in the North…
Risks to the fundamental stability in the Iranian banking system is forecast to remain contained in the fiscal year ending March 20, 2016, a new report says, predicting a slower growth for the…
A report published by the Parliament Research Center has attributed the hike in liquidity in the first quarter (spring) of this year to an increase in both the monetary base and foreign assets of…
Arvand Free Trade Zone (AFZ) located in the southwest corner of Iran, bordering Arvand River and beyond that southern Iraq has a unique proposition on offer, which differs from the other free…
The equity market will not get hurt if commercial banks stop their firm-running activities and sell their equities there, said the head of Securities and Exchange Organization on Tuesday.
As part of its recent campaign against unauthorized financial institutions, the Central Bank of Iran has launched an online system inviting citizens to use it to help the bank identify illegal…
The banking system is seeking to retain its reputation once distorted by the previous administration, claimed the governor of the Central Bank of Iran on Monday.
Customers can enjoy an online service provided by Iran Insurance Company (IIC) if they purchase its third-party insurance service, a company official said on Monday.
Mahmoud Amrollahi, IIC’…
E-commerce has boomed in Iran over the last few years. The careers of the Mohammadi brothers are the perfect example of how quickly the industry has evolved. When Saeed and Hamid Mohammadi founded…
Bank Maskan, as the major provider of housing loans, needs to develop and diversify its financial instruments, said the minister of economic affairs and finance on Monday.
In a speech given…
Kish Island authorities have announced a decision to establish the first cross-border bank on the island, according to the economic and investment deputy of Kish Free Zone Organization (KFZO). Ali…
Steel billet prices fell by around one million rials per ton during last week in Iran’s northern port of Bandar Anzali. The 150mm billet was exchanged at 16.9 million rials per ton, while…
More than 123,000 tons of various commodities were on offer at the Iran Mercantile Exchange (IIME) on Monday, IME’s PR and foreign affairs department reported.
Stocks early rally partly waned at the Tehran Stock Exchange (TSE), as most of the stocks moved up only slightly, with the TEDPIX briefly notched up on Monday.
The unsettled stock market…
S ince Iran decided to stop relying on heavily-subsidized fossil fuels through the implementation of a targeted subsidy plan known as ‘subsidy reform plan’, it has concentrated efforts to put CNG…
Major European car makers are likely to attend a car industry conference in Iran on the first of December. The Second International Auto Conference will have delegations from Mercedes-Benz,…
A senior official with the ministry of industry on Saturday called the Arvand free trade zone in Khuzestan Province a proper venue for export activities, referring to its closeness with big cities…
