The quality of disposable syringes manufactured in Iran is on par with those made in Europe, says the commercial executive of a pioneer company manufacturing disposable medical devices and…
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.
Saffron is one of the world’s most precious products, worth more than its weight in gold.
Prized at dinner tables around the world, it is a spice only found in minute quantities in each…
Iran Mercantile Exchange is about to offer currency futures for the first time to help Iranian companies and foreign investors hedge against the foreign exchange fluctuations of the Iranian…
In a bid to attract foreign investors and raise funds for implementing domestic development projects, a "financial free zone" will be created on Kish Island, Presidential Advisor Akbar Torkan said…
The Iranian government will offer some state-owned manufacturing companies to foreign buyers in line with its objective to import technology and attract foreign direct investment, says Minister of…
Sanctions against Iran are set to be lifted in a few months’ time. That prospect has airliner salesmen salivating, because Iran has a civil fleet largely made up of increasingly decrepit aircraft…
Iron ore prices are far from their highs of 2011-13 due to the slowing demand in China.
According to the latest reports by Platts, prices for CFR China imported iron ore with 62% purity…
Iran Mercantile Exchange’s export trading board witnessed 30,000 tons of granulated sulfur supplied by Kharg Petrochemical Company at the base price of $128 per tons on Wednesday.
In…
Three new companies are to join the domestic insurance industry, said Rahim Mossadeq, Central Insurance of Iran’s deputy for planning and development affairs, reported ISNA. The firms include…
As debate on the much-anticipated economic stimulus package of the government continues among business leaders and economists, a finance and banking expert has criticized the central bank and…
The minister of communication and information technology, who is in Moscow for the 12th meeting of the Iran-Russia joint economic commission, has called for the use of national currencies in two-…
The final decision on further interest rate cuts will be announced by the Money and Credit Council at its next meeting by the end of the month, said Valiollah Seif, governor of the Central Bank of…
The newly initiated 600 million rial ($ 20,000) housing loan will be ratified by the Central Bank of Iran next week said Mohammad Hashem Botshekan, CEO of Bank Maskan, according to the…
Iran is planning to enter the African banking sector, a move intended to mitigate the risks of investment in that continent, the Trade Promotion Organization of Iran said on Tuesday.
South Africa and Iran have signed a number of deals that will see them cooperate in various fields, among them trade and mineral processing.
The deals were signed during Deputy President…
Tehran Stock Exchange’s benchmark gained 129 points or 0.21% during the week that ended November 11, compared to the previous trading week to settle at 63,056.
The Iranian government is raising 180 trillion rials ($5 billion at market exchange rate) by selling Ejareh Islamic bonds, says deputy economy minister and the country's treasurer, Seyyed…
The government plans to exempt all mines across the country from 10% of their dues in mining royalty, says Deputy Minister of Industries, Mining and Trade Ali Asghar Tofiq. According to the…
On the shores of the Caspian Sea, an ambitious project is underway to produce a pricey delicacy that could boost Iran’s economy as sanctions ease: caviar.
The copper industry is currently the most profitable sector to capitalize on compared to other base metals, says an official with the National Iranian Copper Industries Company, calling it a haven…
All tranches of frozen assets to be transferred to Iran related to the Geneva Interim Agreement on Iran’s nuclear program have been received, said Hussein Yaqoubi, director of Central Bank of Iran…
The Central Bank of Iran has announced plans to unify multiple bank accounts held by individuals or entities, a senior official with the bank announced.
Export Insurance Agency of Armenia and the Export Guarantee Fund of Iran signed a memorandum of understanding on the sidelines of an Iran-Armenia business forum in Tehran on November 9.
Three British, French and Swiss insurance companies have obtained the Central Insurance of Iran's approval for opening representative offices in Iran, according to a senior insurance official.
Russia is considering providing two loans worth $7 billion (£4.61 billion) to Iran, Russian Energy Minister Alexander Novak said in Moscow on Thursday.
