The governor of Central Bank of Iran has advocated raising banks' capital as a strategy to make an exit from the recession and achieve economic growth.
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.
E conomists and state officials have commonly taken a dim view of excessive agricultural imports since it is contrary to the very premises of a Resistance Economy doctrine that has been hailed as…
Global and domestic gold prices are not expected to fluctuate much in the coming days, said Mohammad Keshti-Aray, head of Tehran Gold and Jewelers Union, on Thursday.
“The market has been…
Years have passed since leasing firms gained their foothold in Iran. Statistics show that around 600 leasing companies are operating in Iran, but only 32 are under central bank’s supervision.…
Amid the ongoing long recession in the domestic steel market, steelmakers have urged the government to revive suspended development projects with the aim of increasing domestic consumption. They…
A report by the ministry of industry, mine and trade reveals Iran's global ranking in production of five strategic commodities, namely steel, cement, iron ore, aluminum and automobiles, from 2010…
Iran’s second biggest facility to produce copper cathodes will be inaugurated within the next three months in Tarom Copper Mine in Qazvin Province, Mehr News Agency reported. According to head of…
Tehran Stock Exchange’s overall index oscillated between gains and losses before ticking up 18 points or 0.03 percent at Saturday’s close to end at 63,420.1.
Bank Melli sparked nationwide outrage after it charged the clients 50,000 rials as SAPTA subscription fee without prior notice on Friday.
A Abanking executive had called for further cut in reserve requirement ratio, saying the current rate pushes banks to deposit a large amount of their capital in the central bank, a move that would…
The chief executive of Alborz Investment Company, Mohammad Ali Mirza Kuchak Shirazi, has outlined the company’s current statistics and financial plans for the current Iranian year (started March…
The recent decision by Money and Credit Council to raise the borrowing ceiling for first-time buyers in Tehran to 800 million rials ($24,000 at market exchange rate) and 600 million rials ($18,000…
The Iranian Privatization Organization (IPO) announced last week that the fourth round of auction to sell the two major state-owned football clubs, Perspolis and Esteghlal, had no winners as none…
The Western sanctions imposed on both Iran and Russia have provided a good opportunity for joint mineral projects, says a representative of the Russian geological holding company, Rosgeo.
S tocks failed to rebound and remained locked in a familiar pattern over the lingering systemic risks surrounding the equity market, with the benchmark losing 191.5 points or 0.3 percent to settle…
The chairman of iron retailers’ guild has warned that despite last year’s 35% decline in the prices of steel products, domestic consumption is still low and the depots are overflowing, ISNA…
The 25th Annual Conference on Monetary and Exchange Rate Policies was held in Tehran, focusing on solutions to the chronic inflation the economy has been suffering from in the past few decades.
As the second fixed-income Exchange-Traded Fund (ETF) in Iran Fara Bourse or the over-the-counter market, Ganjineh Ayandeh Roshan investment Fund will offer its 10,000-rial investment units for…
The government and Central Bank of Iran are considering a plan proposed jointly by the housing market’s leasing firms and mass builders to financially empower potential home buyers and …
The Central Bank of Iran has recently unveiled a report outlining the economic achievements of the previous fiscal year, forecasts for the current year, and challenges facing the monetary…
The ministry of industry, mine, and trade is planning to engage in research and exploration for radioactive minerals, Minister of Industry, Mine and Trade Mohammad-Reza Nematzadeh was quoted by…
The government will soon reduce the rate of mining royalties imposed on iron ore mines, Tasnim News Agency quoted Minister of Industry, Mine, and Trade, Mohammad-Reza Nematzadeh as saying on…
The government will soon decrease the rate of mining royalties imposed on iron ore mines, Tasnim News Agency quoted Minister of Industry, Mine, and Trade, Mohammad-Reza Nematzadeh as saying on…
As inflation-combating policies have taken hold on the economy, investment-based markets like the stock exchange and housing have again started to outperform price-based markets like currency and…
The two-day Iran Mines and Mining Industries Conference wrapped up in Tehran on Monday. The IMIS 2015 was attended by a number of cabinet ministers, dozens of managers and consultants from 20…
