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.
July 21, 2023 18:51
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July 17,2018The Iranian Association of Islamic Finance has signed a memorandum of understanding to expand cooperation with REDmoney, a leading company organizing events on the Islamic financial markets across... -
July 16,2018Coming out of a prosperous year with rising sales and profits, Iranian steel companies had a slower growth in the first three months of the current fiscal year (March 21-June 21), but still managed...
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July 16,2018Tehran Stock Exchange’s main index gained 37.46 points or 0.03% on Monday to end trading at 108,109.8. About 1.52 billion shares valued at $67.28 million changed hands at TSE for the day. Trading...
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July 16,2018Russia is looking to establish a regional payment network in the foreseeable future and Iran can become a member if it meets the technical requirements, the chief executive of Informatics Services...
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July 16,2018Iran’s major aluminum companies produced an aggregate of 91,379 tons of aluminum products during the first quarter of the current fiscal year (March 21-June 21), which indicate an 11% increase...
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July 16,2018Chairman of the Supreme Assembly of Nakhchivan Autonomous Republic Vasif Talibov discussed economic ties with the head of the Islamic Republic of Iran Customs Administration, Foroud Asgari. The...
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July 16,2018The chief executive of Bank Refah said limited overseas operations and rising inflation driven mainly by the recent currency crisis will pose major challenges to the banking sector in the coming...
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July 16,2018Government is to levy taxes on gold coin and foreign currency buyers who benefited from windfall profits amid the recent volatility in the two markets, the economy minister announced on Monday. ...
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July 16,2018Iran’s largest mining holding has concluded the last stage of its largest aerial geophysical survey in the western Kurdestan Province. The state-owned Iranian Mines and Mining Industries...
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July 16,2018The Central Bank of Iran is expected to change its policy of giving foreign currencies to people traveling overseas at subsidized rates as soon as next week, in the face of growing public pressure...
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July 15,2018A total of 51 foreign airlines are now operating in Iran, up from fewer than 40 before the implementation of the 2015 Iran nuclear deal, formally known as the Joint Comprehensive Plan of Action. ...
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July 15,2018Tehran Stock Exchange’s main index lost 844.34 points or 0.78% on Sunday to end trading at 108,072.3. About 869 million shares valued at $43.95 million changed hands at TSE for the day. Trading...
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July 15,2018The US federal government confiscated at least 500 Bitcoins belonging to Iranians, the president of Iran’s Blockchain Association said. Sepehr Mohammadi added that Iranians had spent about 250...
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July 15,2018The latest data disclosed by the Central Bank of Iran show that private sector investment in the housing sector increased during the first half of the previous fiscal year to Sept. 22, 2017, with...
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July 15,2018Copper concentrate produced by major Iranian copper firms reached 313,273 tons during the first quarter of the current fiscal year (March 21-June 21), which indicates an 11% growth compared with...
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July 15,2018More than 483,391 tons of goods have been loaded and unloaded in the southwestern port city of Khorramshahr, Khuzestan Province, since the beginning of the current fiscal (March 21), the director...
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July 15,2018A new platform has been launched to facilitate interactions between the Iranian Cyber Police (FATA) and Iran Fintech Association. “It aims to serve as a channel of safe and quick communications...
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July 15,2018Foreign exchange rates in the unofficial market registered gains on Sunday after the government stopped all currency allocation at the unified rate of 42,000 rials. The measure to suspend the...
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July 14,2018Tehran Stock Exchange’s main index lost 588.45 points or 0.54% on Saturday to end trading at 108,916.7. About 810 million shares valued at $41.35 million changed hands at TSE for the day. Trading...
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July 14,2018Just weeks before US reimposes sanctions on Iran, the Indian government has approved a proposal from Iranian private lender Bank Pasargad to open a branch in Mumbai. According to Indian Express,...
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July 14,2018Bank Maskan, the agent bank of Iran’s housing sector, has released its latest performance report showing that the number of loans it allocated to applicants during the first quarter of the current...
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July 14,2018A total of 141,139 tons of bananas worth $137 million were imported into Iran during the first quarter of the current Iranian year (March 21-June 21), which shows a 24% drop in weight and a 3%...
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July 14,2018The US Department of Commerce on Friday lifted a ban on US companies selling goods to...
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July 14,2018Iran’s rail sector could be named the top beneficiary of the nuclear deal the country signed with world powers in 2015, as it has managed to considerably improve its performance in the past three...
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July 14,2018New US sanctions are likely to prevent the use of a Lloyd’s of London IT platform for any Iran insurance, adding to difficulties for European insurers providing cover for the country. European...
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