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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March 09,2018Iran’s insurance industry has so far paid out about 1.1 trillion rials ($24.55 million) in claims resulting from the 7.2 magnitude earthquake that shook the western province of Kermanshah and... -
March 09,2018The spell is finally broken, as Iranian Privatization Organization has sold two controlling stakes in Esfahan Steel Company and Iran Aluminum Company following several unsuccessful attempts. This...
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March 09,2018Iranian President Hassan Rouhani’s recent visit to India made news for all the right reasons.
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March 09,2018Iran is ready to allocate a credit line amounting to $3 billion to Iraq for rebuilding the war-ravaged areas of the neighboring country, Iran's first vice president has announced. In a meeting...
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March 09,2018President Hassan Rouhani has ordered the National Development Fund of Iran to prepare a plan to attract foreign investments, according to a board member of the fund who also referred to measures...
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March 09,2018An official with the Ministry of Cooperatives, Labor and Social Welfare said workplace accidents in Iran have claimed the lives of 790 people so far in the current fiscal year (March 2017-18). “...
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March 09,2018Bears are dominating the equity market in the dying days of winter. One could argue that it’s always like this, as the fiscal year draws to a close, but this year has been more intense. For one...
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March 07,2018Total capitalization of Iran's capital market, including equity and fixed-income, is currently standing at around $130 billion. The amount of foreign investment in the country, including direct...
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March 07,2018Iranian miners exported a total of 1.85 million tons of iron ore in February, recording a 16.1% growth compared to January shipments, market analyst, Keyvan Jafari Tehrani, said. China was the...
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March 07,2018Head of the Planning and Housing Economy Office at the Ministry of Roads and Housing Development discussed the short- and long-term impacts of the recent foreign exchange market volatility on the...
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March 07,2018Tehran Stock Exchange’s main index lost 130.70 points or 0.13% to end Wednesday trade at 96,860.3. About 613 million shares valued at $38 million changed hands at TSE for the day. Trading at TSE...
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March 07,2018Members of Iran’s Parliament ratified a number of financial measures relating to bonds, finance and loans among other things during their latest open session on Tuesday to discuss the fiscal 2018-...
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March 07,2018The construction of Iranshahr Terminal in the Imam Khomeini International Airport is planned to start in the next Iranian year (starting March 21), the airport’s CEO said. Shahram Adamnejad added...
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March 07,2018Iran’s total cereal production in 2017 is estimated to have reached 20.6 million tons, registering a 15.3% increase compared with 17.8 million tons in 2016, according to the latest data released by...
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March 07,2018Ayandeh Bank, Iran’s private lender that has been hailed both locally and internationally, is currently financing the construction of Iran Mall, an ambitious project based in Tehran. Located in...
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March 07,2018The average Iranian spends 1 million rials ($22) or 2.2% of total expenditure on beauty products annually, the deputy health minister said. Iraj Harirchi added that the spending hits 1.4 million...
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March 07,2018The Central Bank of Iran has called on the banking system to enforce anti-money laundering and combating the financing of terrorism measures by establishing strong compliance departments. CBI...
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March 07,2018Iran’s cyberspace police have become the latest authority to discuss virtual currencies, with its deputy for technical affairs announcing that the fate of digital currencies is on their agenda. “...
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March 06,2018The Iranian capital market hosted a new type of Islamic debt security on Tuesday, as the government issued 30 trillion rials (about $670 million) worth of Manfa’ah sukuk at the over-the-counter...
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March 06,2018The Iranian National Tax Administration collected 800 trillion rials ($17.7 billion) in tax during the first 11 months of the current Iranian year (March 21, 2017-Feb. 19). INTA’s deputy head,...
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March 06,2018Tehran Stock Exchange’s main index lost 191.58 points or 0.20% to end Tuesday trade at 96,991. About 802 million shares valued at $38.41 million changed hands at TSE for the day. Trading at TSE...
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March 06,2018With the government’s rescue package reining in the foreign exchange market, the private sector once again voiced its objection over the administration’s adamance on keeping the national currency...
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March 06,2018Tejarat Bank is gearing up for block sales of three large-cap steel and petrochemical subsidiary companies listed at Tehran Stock Exchange on Feb. 10, TSE’s website reported on Tuesday. The first...
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March 06,2018Trade between Iran and Ireland stood close to €134.5 million in 2017, registering a 140.5% upsurge compared with 2016. Iran’s trade with Ireland saw the second highest year-on-year increase after...
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March 06,2018More than 36.21 trillion rials ($810.38 million) worth of contraband goods were confiscated in Iran during the first 10 months of the current fiscal year (March 21, 2017-Jan. 20), registering a 23....
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