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.

  • Iran Crypto Mining Set to Take Off
    Days after a high-ranking official announced that Iran’s government has embraced cryptocurrency mining, another peer has said requirements are in place to develop the industry quickly. “Sales of...
  • Iran’s Aluminum Consumption  Growth Twice Global Rate
    The global average aluminum consumption growth stands at 6% per year while the rate is 12% in Iran, according to Chairman of Iranian Mines and Mining Industries Development and Renovation...
  • Stocks Stage Massive Rally
    Share trading on Wednesday started with a bang, as Tehran Stock Exchange’s main index made a 6,000-point jump in the first hour of the trading day alone, exceeding 155,000 points by the end of the...
  • Steel Traders Welcome Free Market Dynamics
    The competitive ceiling for steel prices on the Iranian Mercantile Exchange is to be removed, according to a letter written by Deputy Industries Minister Jafar Sarqeini wrote to Hamed Soltaninejad...
  • MPs Conclude Review of Central Bank Bill
    Members of the economic commission of Iran’s Parliament on Tuesday concluded the review of reform measures concerning the Central Bank of Iran, which is part of wider reforms aimed at overhauling...
  • CBI Censured Over Policy Inconsistency
    Members of Tehran Chamber of Commerce, Industries, Mines and Agriculture’s Board of Representatives convened on Tuesday to discuss the latest status of the economy, particularly the anguish caused...
  • Kiwi Exports Banned Until Oct. 23
    The ban on kiwi export until October 23 has been notified to all provincial agricultural jihad organizations across the country by the director general of Agriculture Ministry’s Quarantine Affairs...
  • Ban on Exit of Essential Goods From Western Border
    Essential goods, including rice, meat, chicken, sugar and sugar cubes, to name a few, are banned from leaving Bashmaq border crossing in Kurdestan Province’s Marivan County bordering Iraq as of...
  • Banks Urged to Help Control Liquidity
    Governor of the Central Bank of Iran Abdolnasser Hemmati late Monday met with chief executives of banks and credit institutions to evaluate the country’s monetary and banking developments and...
  • Tehran to Host Int’l Water, Wastewater Expo
    The 14th Iran International Water and Wastewater Exhibition, also known as WATEX 2018, has been scheduled to open at Tehran International Fairground on October 3, according to the event’s official...
  • Gold Coin  Tax Proposal
    A proposal has been sent to the heads of the government, the Majlis and the judiciary, based on which buyers of up to 25 gold coins will enjoy tax exemption but those who buy more coins will be...
  • TEDPIX Trade Up 1.07%
    Tehran Stock Exchange’s main index gained 1,578.89 points or 1.07% on Tuesday to end trading at 148,577.6. About 3.62 billion shares valued at $89.32 million changed hands at TSE for the day....
  • TSE Official Welcomes Economy Ministry, Central Bank Revamping
    The restructuring and changes in the management of the Ministry of Economic Affairs and Finance and the Central Bank of Iran have provided the opportunity to expand the capital market, vice...
  • Liquidity Surpasses $150b
    The total volume of liquidity in Iran reached 16.02 quadrillion rials ($150.43 at market exchange rate) by the end of the fourth month of the current fiscal year on July 22, the latest report by...
  • Currency Repatriation Rules Notified
    The Central Bank of Iran notified a directive on Monday, elaborating on rules based on which exporters are required to bring back their export earnings into the “economic cycle” of the country. The...
  • Tehran to Host Int’l Fisheries Expo
    The Third International Fisheries Industry Exhibition, also known as IFEX 2018, is scheduled to open at Tehran International Fairground on October 3, the official website of the event (Ifex.ir)...
  • Launched by the European Commission in 2008, the Enterprise Europe Network helps businesses innovate and grow on an international scale.
    Plans are underway to create an Iranian consortium to join the Enterprise Europe Network with the...
  • Optimism Over AML Legislation Before FATF Deadline
    Despite the opposition of some factions about the country falling in line with standards set by the Financial Action Task Force, optimism abounds among moderate lawmakers and pundits that the...
  • New CBI Entities Approved
    Members of Majlis Economic Commission on Sunday approved the formation of new specialized committees within the Central Bank of Iran for reviewing articles related to long-awaited bank reforms....
  • TEDPIX Trade Gains 3.35%
    Tehran Stock Exchange’s main index gained 4,764.26 points or 3.35% on Monday to end trading at 146,998.7. The record jump was most likely caused by the relative price adjustment of corporate...
  • CBI Consults Experts
    Governor of the Central Bank of Iran Abdolnasser Hemmati late Saturday sat down with a group of economic experts and university professors to review the country’s latest economic developments,...
  • No Progress in Financing Iran-Russia Wheat Deal
    Plans for a deal under which Russia and Kazakhstan are to supply wheat to Iran have...
  • TCCIM to Hold Business Courses
    Tehran Chamber of Commerce, Industries, Mines and Agriculture plans to hold two specialized business courses on advanced marketing management and rule of innovation in business, the chamber’s...
  • TSE Prospects Brighten  Despite Economic Downturn
    Trading at Tehran Stock Exchange has seesawed in the past few weeks.  While the main index TEDPIX surpassed 140,000 two weeks ago to set a historic record, the days that followed registered a 7,...
  • Fresh Banking Troubles for Iranians in China
    The past year has been especially difficult for Iranians working or studying in China due to financial...

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