The government should allocate resources to improve the basic economic infrastructure to be able to improve growth rates, said Shahin Shaian Arani, a former senior at Goldman Sachs. Failure to do…
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.
The Supreme Court’s chief justice voiced concern on Wednesday that Congress trampled on the authority of the US judiciary by passing a law dictating that families of Americans killed in attacks…
In this edition of investment opportunities series, we will introduce two lucrative businesses.
First, wedding planning–a merry bonanza that enjoys everlasting appeal throughout the year—…
The Switzerland-based LafargeHolcim Group–one of the global leaders of building materials sector–has expressed readiness to cooperate with Iran’s Fars and Khuzestan Cement Company in cement…
Equities climbed to a four-month high by the week's close on Wednesday, in anticipation of the removal of international sanctions against Tehran's nuclear energy activities.
However, the…
The United Nations Security Council and western sanctions on Iran are set to be lifted in a few days.
Not only Asian, European and Russian firms are lining up, but also American giant…
The bulk of Iran’s frozen foreign assets worth $30 billion will be released next week soon after the nuclear accord with the six world powers takes effect, Valiollah Seif, governor of the Central…
Drivers’ performance and third-party vehicle insurance data will go online by Jan. 20 in an attempt to enhance transparency and ease of data transfer for the industry. The planned system will help…
Eihbank (EUROPAEISCH-IRANISCHE HANDELSBANK) wants to increase the number of its branches in Europe, said Ali Ashraf Afkhami, Bank of Mine and Industry’s chief executive at a meeting with a Spanish…
Paving the way for foreign firms to return to the Iranian market and bring along advanced technology is among the top priorities, Akbar Torkan, senior advisor to President Hassan Rouhani said on…
Foreign exchange derivatives market could help boost confidence among businesses, a senior banking official said.
Correcting the name “foreign currency bourse” to “foreign currency…
The Supreme Court on Wednesday will hear arguments in an appeal by the Central Bank of Iran, to reverse a 2014 lower-court ruling that said assets worth nearly $2 billion in frozen Iranian funds…
Iran Mercantile Exchange’s export trading board played host to 45,000 tons of granulated iron ore by Golgohar Iron Ore Complex at the base price of $18 per ton on Wednesday.
The same board…
Mobarakeh Steel Company supplies nearly half of the raw materials and steel products needed by 3,000 domestic manufacturers of pipes and profiles, oil, gas and petrochemicals, autos and auto parts…
Persian Gulf Special Economic Zone, located in the southern Hormozgan Province, exported more than 3 million tons of minerals and mineral products valued at over $610 million from March to…
Stocks hit a four-month high on Wednesday, with the main index of Tehran Stock Exchange capping its largest daily gain since July 13, rising more than 1%.
The rally in banking stocks in…
Airbus is poised to reenter the Iranian passenger jet market, as western sanctions begin to roll back.
Fabrice Bregier, head of Airbus’s passenger jet unit, said the company had an…
Mesh fence, also called chain-link fence, is usually made from galvanized steel wire. The popularity of chain-link fence is due to its relatively low cost and transparency. One can make it…
Promoting e-banking requires modifications in the structure of the regulatory body to bring the sector in line with the country’s technological capability, Ali Kermanshah, Central Bank of Iran…
The High Council of Construction and Architecture has developed a set of regulations for construction of buildings with over 12 stories in Tehran. Builders must henceforth get an environmental…
Iranian banks are likely to be reconnected soon to the SWIFT financial transaction system of which they were deprived as a result of the international economic sanctions. However, experts say the…
Tehran’s dormant property sector is getting a glimpse of a window opening in the office market as foreign companies gradually warm up to the expected economic revival.
Stable forex rates will help expand exports while rendering decision-making and planning easier in the key sector, Abolfazl Sharif, a senior member of Iran Chamber of Commerce said on Tuesday.
Tehran Stock Exchange’s overall index TEDPIX gained a meager 51.30 points or 0.08% to settle Tuesday trade at 62,840.
Close to 1.4 billion shares valued at over $65.8 million changed hands…
Close to 20 million tons of clinker–the main material used in the production of cement–are currently stored in warehouses due to shrinking demand, said managing director of Lamerd Cement Company,…
