The government has banned the export of direct-reduced iron to increase supply to local downstream plants.
The directive was conveyed to the Islamic Republic of Iran Customs…
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.
It was a historic day for shares in Iran's equity market on Monday.
The primary cause of the excitement is simple yet groundbreaking: The foreign currency exchange market is officially…
Exports of chicken parts, livestock feed, ornamental fish and frozen chicken from Markazi Province in western Iran have increased in the current Iranian year (started March 21).
Trade between Iran and the 28 member states of the European Union during the first half of 2018 amounted to more than €8.3 billion, registering a 12.8% decrease compared with last year’s…
Iran exported 31,756 tons of evaporative coolers worth more than $89 million during the first four months of the current fiscal year (March 21-July 22), the latest data released by the Islamic…
Iran imported 18 tons of rusk worth $24,277 in the last Iranian year (ended March 20, 2018), Mizan Online cited data released by the Islamic Republic of Iran Customs Administration.
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The Central Bank of Iran said on Saturday it has fulfilled its commitment of delivering the gold coins purchased by people during the presale scheme in the past few months.
The Export Development Bank of Iran has signed a deal with Moscow’s Mir Business Bank to finance the import of essential goods from Russia.The contract provides Iran with €10 million, covering…
Ongoing currency fluctuations in Iran have the potential to put a dent in the strong growth of the country’s payment network, the head of Informatics Services Corporation, the company in charge…
Rial rebounded on Sunday, in anticipation of Central Bank of Iran Governor Abdolnasser Hemmati's announcement of the new plan to calm forex market volatility that has seen Iranian currency sink…
India is one of the major exporters of ferroalloys to Iran and in turn, sources crude oil from the Islamic Republic.
Now, with the cloud of sanctions hovering over bilateral trade…
Tehran Stock Exchange-listed companies have paid out 292 trillion rials ($6.63 billion) of dividends to investors during the fourth month of the current fiscal year (June 22-July 22). The firms…
Stocks posted solid gains on Sunday to extend their 10-day winning streak and reach a new high, defying correction expectations following a slow start to the trading week.
At both Tehran…
A total of 16,066 tons of ice cream worth $54.77 million were exported from Iran during the first three months of the current Iranian year (March 21-June 21), data provided by the Islamic…
The average Producer Price Index for the services sector (using 2011 as the base year) in the first quarter of the current Iranian year (March 21-June 21) stood at 262.3, indicating a 4.6%…
Iran’s gold bar and coin sales tripled to 15.2 tons in the second quarter of 2018, the highest in four years, the World Gold Council announced.
The Central Bank of Iran has established an exclusive online system to allocate foreign currencies at cheap government rates to innovative and knowledge-based firms in collaboration with the…
Bank Maskan, the agent bank of the housing sector, is considering two proposals to sweeten a home loan offer for revitalizing the stagnant housing market and boosting demand from first-time home…
Members of Majlis Economic Commission have commenced the process of reviewing articles of the Majlis motion to undertake long-awaited reforms in Iran's banking system and bestow the central bank…
First Vice President Es'haq Jahangiri announced that the new foreign exchange plan, which is intended to address the recent volatility in the currency market, has been approved by the High…
Tehran Stock Exchange’s main index gained 401.50 points or 0.32% on Saturday to end trading at 124,352.8.
About 1.95 billion shares valued at $168.86 million changed hands at TSE for the…
A memorandum of understanding has been signed between the Islamic Republic of Iran Customs Administration and the Ministry of Health and Medical Education to accelerate the process of customs…
Iran’s steel, metals and minerals trade with the world could be seriously hampered and limited to the local market, as the United States’ sanctions against the Islamic Republic are reimposed on…
Publicly-traded companies on Tehran Stock Exchange and Iran Fara Bourse added 27.79 trillion rials (about $630 million) to their share capitals during the first four months of the current fiscal…
Sina Food Industries Development Holding Company is set to put up a block share in its subsidiary Glucosan Company for sale on Tehran Stock Exchange on August 18 for the third time.
