Iran’s sovereign wealth fund plans to lend 20 trillion rials ($578 million at market exchange rate) to non-oil exporters, said the head of Iran’s Chamber of Commerce, Industries, Mines and…
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>
A foreign steel market analyst doubled down on his impression of the Iranian steel industry following his weeklong stay in Iran and extensive interviews held with industry players in a report…
Hand-woven carpet is one of the most valuable non-oil export commodities of Iran and the sector is currently suffering from severe mismanagement and unreasonable regulations.
Tehran Stock Exchange’s primary index TEDPIX inched down 30.20 points or 0.04% to close at 78,384.4.
The value of close to 60% of the listed companies dropped, with food, electricity and…
A total of 5,918 housing units were sold in Tehran during the month that ended April 19 (marking a 20.4% growth compared to the same period last year), promising a new and much-awaited opening for…
Central Bank of Iran data shows that the government owed banks 1.17 quadrillion rials ($38.7 billion) by the end of the month ending February 19, a rise of 19.6% compared to the same period last…
The entry of Iranian insurance companies in the Azerbaijan market will be useful as it will facilitate Iranian investment in the sector, said head of the Azerbaijan’s ARK Business Solutions.…
The head of the German banking association said on Friday, that restoring German banks’ financial ties with Iran will take time given debt owed to Berlin and transparency concerns,
Iran…
Iran is undeniably a force to reckon with in the mining sector. The country is home to over 68 minerals, with more than 37 billion tons of proven and 57 billion tons of potential reserves.
Tehran Stock Exchange’s all-share index TEDPIX inched up 9.90 points or 0.01% to close Saturday trade at 78,414.6, as gains made by mining companies and automakers were cancelled out by the loss…
Iranian aluminum producers annually manufacture about 350,000 tons of aluminum ingots, said deputy minister of industries, mining and trade, Mehdi Karbasian, on Saturday. Describing the current…
Iran’s senior to Russia says Tehran expects major financial institutions in that country to start cooperating soon with their Iranian peers.
Ambassador Mehdi Sanaei believes Tehran and…
Two months after the visit of Swiss President Johann Schneider-Ammann to Iran, a high-ranking delegation from the European country, led by Pierre Maudet, Geneva’s councilor in charge of security…
With Russia and Turkey further drifting apart, an opportunity has emerged for Iranian businesses to fill in the space left vacant by Turkish traders and meet Russia’s various demands.
Over…
Italian companies are planning to build a stronger presence in Iran by setting up joint ventures with Tehran Garment Union, says the chairman of the National Textiles and Fashion Association…
Taking advantage of cheap gas-generated electricity in the Persian Gulf region, India’s National Aluminum Company plans to go for toll-smelting soon with three Iranian companies to produce…
Tehran Stock Exchange’s all-share index TEDPIX gained 135 points or 0.17% during the week that ended April 27 to close at 78,404.
According to TSE data, more than 5.7 billion shares valued…
The Securities and Exchange Organization of Iran is holding the Eighth International Course on Islamic Capital Markets from May 2-4. The event will be attended by high-caliber Islamic and economic…
The International Monetary Fund (IMF) has reported a significant rise in Iran’s foreign exchange reserve.
In its latest World Economic Outlook report, the IMF said the Iranian reserves rose…
Central Bank of Iran’s latest statistics, published on Thursday indicate that liquidity stood at 9.75 quadrillion rials ($321.9 billion) by the end of the month ending February 19, marking a year-…
Britain's biggest banks are to set up a high-level panel to navigate the removal of western sanctions against Iran amid continuing US opposition to some foreign economic engagement with Tehran.…
One of the signs of a competitive and market-based economy is that interest rates are determined by markets and correspond to profit levels in the markets. However, in developing countries like…
The French Embassy Press Counsellor in Tehran Kévin Magron, visited the Financial Tribune office on Wednesday and met with the newspaper’s Managing Director Alireza Bakhtiari and Chief Editor…
The Qarzol-Hasaneh Mehr Iran Bank (QMB) says the recently announced 100 million rial ($3,200) ceiling for marriage loans is unrealistic and impractical because it would be an onerous burden on the…
The Cabinet on Tuesday formed a working group to look into the US Supreme Court’s ruling last week to appropriate $2 billion of Iran’s frozen assets and take necessary measures to restore them.