As Iran is slowly moving closer to the single-digit inflation after years of hyperinflation havoc, policy and decision makers are focused on stimulating growth and creating jobs for the younger…
Business And Markets
<p>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.</p>
Tehran Stock Exchange’s main index TEDPIX gained 78.90 points or 0.10% to end Tuesday trade at 76,692.8.
Gains by investment and shipping companies as well as industrial holdings provided…
Companies contemplating the Iranian market following the lifting of sanctions are being warned to make sure that they deal with a logistics company that has practical experience in the country.
During the first call by its new general cargo service, representatives of state shipping company IRISL–Islamic Republic of Iran Shipping Lines–joined staff of the Peter W. Lampke shipping…
Russia’s Kamaz Company plans to export 100,000 trucks to Iran by the yearend, said the company’s head of foreign trade, Rafail Gafeev, on Tuesday. He added that Kamaz also plans to set up a truck…
Iran has laid out a path for developing its steel industry, as the country seeks to become the world’s sixth largest steel producer.
As per the objectives enshrined in the 20-Year National…
The mining, oil and gas sectors account for 29% of Iran’s GDP, says Amir Sabbagh, an official with the Iranian Mines and Mining Industries Development and Renovation Organization.
Seoul-based home electronics company Dongbu Daewoo Electronics said on Monday it would exclusively provide home appliances to Iran’s largest electronics firm, Entekhab.
Companies are working on running more projects and plans, as Iran emerges from recession and a decade of sanctions. What they lack most, however, is money.
The garment industry has gone through drastic ups and downs in the past couple of years and is now struggling to keep the sizable market of men’s shirt production up and running.
Tehran Stock Exchange’s main index gained 165.60 points or 0.22% to close Monday trade at 76,613.9. Large-cap auto companies, banks and oil refineries were the main driving force behind TEDPIX’s…
Allameh Tabatabaei University agreed on Monday to help enhance Tejarat Bank’s compatibility with international banking norms, including risk management, corporate sovereignty and anti-money…
As the rules of the Central Bank of Iran prohibit lenders from offering high deposit rates to lure more savings, some banks have come up with alternative methods to get ahead in the race to…
The head of the Iranian National Tax Administration said Monday henceforth vacant homes would be taxed and the new rules would apply from the fiscal year that started in March.
Respondents to a recent survey by donyayetablighat.com, a website specializing in ad industry news, have said that Tourism Bank’s ad campaigns have had the most effect on them among the ads run by…
Shaparak, the domestic payment and settlement network, handled 831 million transactions during the first month the fiscal year that ended in March with a total value of 786.3 trillion rials…
Iran Khodro Company is in talks with India's Tata Motors to set up a joint venture for assembling its gasoline cars in Iran, as Tata looks to tap the fast growing market that has just emerged from…
New deposits of thermal and metallurgical coal have been discovered in the north and central Iran, which are estimated to be more than 350 million tons, announced Iran Minerals Production and…
Iran's central bank is trying to enhance the interbank market by using new instruments, like Islamic repo agreements, which would also help “form a debt market in the country,” according to the…
Britain and Europe are trying to come up with new mechanisms to help reestablish banking relations with Iran, said the UK Secretary of State for Foreign and Commonwealth Affairs, Philip…
Trends in Tehran’s housing prices decry the bitter truth that it is grappling with recession since November 2013 with no signs of respite any time soon. However, data shows that home sales…
Larger UK banks may keep on avoiding business with Iran as long as the US sanctions program remains in place, but smaller and middle-sized banks and businesses are keen on commercial engagement…
Iranian and Singaporean officials discussed launching a joint bank, in an attempt to ease investments and commercial relations, said head of Iran’s Chamber of Commerce, Industries, Mining and…
According to the latest figures released by the Ministry of Industries, Mining and Trade, “Food and Beverage Industries” and “Chemical Materials and Products Manufacturing” groups were “the most…
Unrestrained imports of steel products are one of the main impediments to the domestic steel industry’s growth, says the sales manager of Mobarakeh Steel Company, Mahmoud Akbari.