The Central Bank of Iran has responded to media reports that viewed the latest World Economic Outlook by the International Monetary Fund in a negative light.
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>
Campaigning for Iran’s presidential elections scheduled for May 19 began on Friday, after the Guardians Council considered only six candidates eligible to run for the presidency from…
The government should have a long-term plan for the housing sector since problems in the key industry are caused by a lack of planning and absence of roadmap, said the head of Tehran Association…
More than $1.2 billion worth of livestock and poultry products were exported over the 11 months to February 18, registering a $554.7 million trade surplus in the sector, a deputy agriculture…
The Government Trading Corporation of Iran has given the green light for importing 550,000 tons of sugar to stabilize the market.
It has been more than a year since the Joint Comprehensive Plan of Action, the formal name of the nuclear deal Iran signed with world powers, was implemented and already the world looks…
Tehran Stock Exchange’s main index TEDPIX gained 1,421.4 points or 1.84% during the first month of the new Iranian year (March 21-April 20) to end at 78,651.4.
The over-the-counter Iran…
Buying activity in the Iranian flat steel import market remained modest despite all suppliers dropping their prices in the past week, sources told Metal Bulletin.
“There are no bookings;…
Iranian steel mills produced 4.57 million tons of crude steel during the first three months of 2017, registering a 4.6% growth year-on-year, according to the latest report released by World Steel…
The First Iran Mining Technology Conference is scheduled to be held by the Iranian Mines and Mining Industries Development and Renovation Organization in Tehran on July 11-12.
In collaboration with Amir Kabir University of Technology (AUT), Samsung has launched a joint technology center in Tehran.
According to a company press release, the tech center was launched…
Deputy Minister of Telecommunication and Information Technology says the Iranian ride-hailing startup, Snapp, has so far attracted more than 900 billion rials ($24 million) of foreign investments…
Iran has registered a huge increase in its current account surplus from 2.7% of GDP in 2015 to 6.5% of GDP in 2017, the World Bank has said.
The Fourth Iran-Europe Banking and Business Forum will be held in Tehran on April 29-30.
Export Guarantee Fund of Iran and Portugal’s private insurance firm COSEC signed a memorandum of understanding in Tehran on Tuesday to expand cooperation.
The two entities agreed to expand…
The Central Bank of Iran must be the only state organization officially releasing statistics pertaining to the assets of banks, the director general for banking affairs at the Ministry of Economic…
Tehran Stock Exchange’s main index gained 311.60 points or 0.4% to end Wednesday trade at 78,651.4.
More than 1.25 billion shares valued at $75.36 million changed hands for the day.
…
Mouteh Gold Mine produced 380 kilograms of gold ingots in the last Iranian year (ended March 20, 2017), indicating a 54% growth compared with those of the preceding year, the mine’s managing…
The Central Securities Depository of Iran has listed the largest companies in the Iranian equity market in terms of shareholders by March 20, 2017.
At Tehran Stock Exchange, the top three…
Iran’s budget deficit for the 11 months of the last Iranian year (March 20-Feb. 18, 2016) stood at 232.9 trillion rials ($6.2 billion), showing a 23% decline compared with the similar period of a…
Iran’s largest steel producer, Mobarakeh Steel Company, has completed the installation of a new 5 million-ton/year iron ore pelletizing plant in Sangan, northeastern Iran.
It is also…
Domestic production accounts for about 40% of tire and motor oil demand in Iran.
To help meet this demand for such products, the country relies on imports from China, Thailand, Taiwan,…
Tehran Chamber of Commerce, Industries, Mines and Agriculture–the country's biggest private-sector assembly–issued a business manifesto on Tuesday, outlining the Iranian private sector's…
Iran’s inflation rate is unlikely to go beyond 11% during the current fiscal year that started on March 21, the vice governor of the Central Bank of Iran said.
By the end of the previous Iranian year (ended March 20), about 22,500 billion rials ($0.6 billion) were allocated to the banking system to waive late payment penalties and they will receive a…