The Central Bank of Iran will release its nine-month economic growth report in the last week of the current fiscal year (ends March 19). CBI vice-governor, Akbar Komijani, said the CBI…
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.
SHAPRAK payment and settlement network hosted 838 million successful transactions during the month that ended Jan. 20 with a total worth of 873.1 trillion rials ($28.9 billion), marking a…
Tehran Stock Exchange’s main index TEDPIX shed 494.50 points or 0.63% to end Sunday trade at 77,733.8.
Over 1.4 billion shares valued at $169 million were traded, with daily trade value…
More than $25 million have been invested by the Iranian Mines and Mining Industries Development and Renovation Organization, affiliated to the Ministry of Industries, Mining and Trade, so far this…
Government policies enacted after four ministers wrote a letter to President Hassan Rouhani in October averted an economic turmoil, the economy minister said.
"We made decisions about all…
Concrete blocks are made from cast concrete, Portland cement and aggregate, usually sand and fine gravel, for use in building construction.
Lower density blocks may use industrial wastes as…
Business Monitor International has predicted that Iran’s banking sector will benefit from the removal of sanctions at the start of 2016 as the removal of sanctions will offer much needed respite…
In the annual Public-Private Sectors Dialogue Council held this month Economy Minister Ali Tayyebnia made some ambiguous remarks on the extent of the government’s role in setting foreign exchange…
The Ministry of Roads and Urban Development will transform Bank Maskan, the country’s main housing bank, into a development bank and raise the lender’s capital by 50 trillion rials ($1.65 billion…
Banks gave a total of 2.98 quadrillion rials ($98.2 billion) in loans during the ten months ending January 20, marking an increase of 10.4% or 282.1 trillion rials ($9.3 billion) compared to…
Australian meat processors and exporters are in Tehran this month hoping to revive old market loyalties in the wake of the United Nations recently lifting economic sanctions against Iran.
Iran Mercantile Exchange’s industrial and mining trading floor witnessed the trading of more than 100,000 tons of rebars and I-beams produced by Esfahan Steel Company on Saturday. Over 15,000 tons…
Tehran Stock Exchange’s main index TEDPIX gained Saturday on reports of big gains made by the alliance of moderates and reformists in parliamentary elections.
Failure in establishing a compulsory standard, building brands, packaging and marketing has led Iran’s honey exports to experience a dip in the current Iranian year (to end Match 19, 2016).
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Suspense prevailed over the reports that the Indian steel and energy company, Jindal Steel and Power Limited, had bagged a portion of order to supply rails to Iran for a major railroad expansion…
Long lines of trucks formed at customs just outside Tehran.
Machine components, electronics and pharmaceuticals: everything that Iran imports has to pass through here.
Tehran Stock Exchange is in the “late stages” of compiling a new index, ranking companies according to their transparency and governance structures, its CEO said on Wednesday.
It is a rare…
Reading about the talk surrounding the new "Comprehensive Taxation Plan", you cannot help but feel the arguments are far out and dated.
The government is overhauling Iran's taxation system…
India wants to expand its influence beyond South Asia, and to that end it has turned to Iran. Their shared history of cooperation actually dates back to the 16th century, when Persian was the…
Sefidabeh Antimony Complex, located in Sistan-Baluchistan Province, was inaugurated by the Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh on Thursday, Iranian Mines and Mining…
Tehran Stock Exchange’s all-share index TEDPIX lost 48 points or 0.06% during the trading week that ended Feb. 24 to settle at 77,840.
Over 12 billion shares valued at $883.6 million…
Life insurance accounted for 11.7% of the insurers’ total premium in the tenth months of the fiscal year that ends on March 19, a 1.7% rise compared to the previous month. Total premiums reached…
Iran’s voting power in the International Monetary Fund has increased from 0.62% to (0.75%), following the acceptance of proposals for quota reforms in the IMF.
The Omid Entrepreneurship Fund will create special funds to support specific industries next year, Asghar Nurolahzade, the CEO said.
“We will work with unions and business leaders in…
Central Bank of Iran’s data show that rentals during the month ending February 19 increased by 10.1% in Tehran and 11.3% in other cities compared to the same period last year, respectively.
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