About 400,000 tons of steel were exported by Esfahan Steel Company, located in Isfahan Province, to 25 countries, including France, Turkey, India, China and Saudi Arabia, during the first half the…
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 landmark nuclear deal reached between Iran and the United States and other world powers sets out arrangements for handling that issue, but it leaves open many other questions about…
Tehran Stock Exchange ended Wednesday’s sluggish trade in green as TEDPIX climbed 33 points or 0.05% at the day’s close to settle at 63,175.
The ongoing recession in the domestic market is to a great extent the offspring of the plunge in production. Hassan Sobhani, a senior economist, listed psychological factors, the slump in…
The latest insurance report from the Business Monitor International suggests Iran is offering significant long term growth potentials in the insurance industry. Having a large population in…
The Money and Credit Council on late Tuesday ratified a government plan of action to check the growing recession and stimulate growth.
MCC members gave a nod to Central Bank of Iran's…
The government intends to boost the housing market through renovation of 300,000 residential units in distressed urban and suburban areas. According to the Urban Development and Revitalization…
Japan insurance industry representatives met with Noushin Khataei, head of the Iran Central Insurance Company for reinsurance affairs, the CII website reported. Khataei explained the current…
The Philippines is racing to supply Iran with bananas despite the difficulties posed by El Nino to Filipino banana growers, an official of the Southeast Asian country’s Department of Trade…
Afghanistan’s Mines and Petroleum Minister Davood Shah Saba called for Iran’s investment in Afghanistan’s mining industry.
Iran Alloy Steel Company, located in Yazd Province, exported more than 9,000 tons of its products worth over $4 million during the first half of the current Iranian year (started March 21), says…
The United Nations Conference on Trade and Development is ready to exchange customs information with Iran’s Single-Window System for International Trade, said regional coordinator of the UNCTAD’s…
Iran Mercantile Exchange recorded the offering of more than 290,000 tons of commodities on Tuesday.
According to IME, 77,000 tons of various grades of bitumen offered by Jey Oil Company, 4,…
Tehran Stock Exchange’s benchmark continued its slow uptrend and inched up slightly on Tuesday, as it rose 15.30 points or 0.02% to end at 63,142.
Two top government economic officials have forecasted stability in the foreign exchange market in the coming months as the country gets ready for 'business as usual' and the crippling sanctions…
A study conducted by the Iran University of Science and Technology has challenged the monetary incentive package unveiled earlier this week by the government, FNA reported.
Recalling futile…
French bank Credit Agricole is understood to have agreed to pay $800m (£516m) to settle charges it broke US sanctions in Iran and other countries.
The settlement is expected to be announced…
Export Development Bank of Iran will provide foreign exchange loans worth an aggregate $200 million to support companies exporting technical and engineering services to Iraq, the EDBI website…
Russian insurance industry representatives met with Mina Sediq Nouhi, deputy head of Iran’s Central Insurance Company for reinsurance affairs, the CII website reported. Sediq Nouhi pointed to the…
The banking industry as a key sector in every economy has undergone enormous evolution in the recent decade. Banks and financial intermediaries are the centerpiece for every…
The economic stimulus package unveiled by the government at the weekend was a shift from its anti-inflationary policies to tackling recession by stimulating demand .The package has a six-month…
The Money and Credit Council is set to review nine items of government’s new economic policy package at its Tuesday meeting, Mehr news agency reported on Monday. The 30-point economic plan,…
A former governor of the Central Bank of Iran has urged the Rouhnai administration to start clearing its mountain of debts to banks and other contractors so that industries get back on their…
Synthetic textile is made from either inorganic products or its combination with organic fibers. It can have superior properties compared to natural fibers such as cotton or silk.
Amid the recent influx of European delegations to Tehran in search of business opportunities, South Koreans have made sure they are not going to be left behind.
They are determined to boost…
