While 14 years have passed since the last time the law on checks was reformed in Iran, the head of Central Bank of Iran’s Information Technology Department announced that the law is to be amended…
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>
The Financial-Economic Databank and Iran's Economic Data Monitoring website, which is the first of its kind, were unveiled on Tuesday, with Economy Minister Ali Tayyebnia and his deputies in…
Tehran Stock Exchange’s main index gained 92.30 points or 0.12% to end Tuesday trade at 78,339.8.
More than 1 million shares valued at $96 million changed hands for the day.
Takceram…
Hormoz Pasargad Bitumen Products Company, Iran’s biggest producer of the asphalt material used to pave roads, plans to boost output by 15% in the next two years, with all of the increased supply…
After a year of back and forth between government officials and industry players, no changes were made in export duties for iron ore despite previous announcements.
The government’s U-…
Slovenian telecommunications equipment manufacturer Iskratel has won contracts worth €36 million in Iran. The manufacturer has signed two contracts with the Telecommunications Company of Iran,…
More than 172 tons of saffron worth $246.7 million were exported to 47 countries, including the US, in the last Iranian year that ended March 20, the president of Iran’s National Saffron Center…
Gold coin prices continued their weeklong surge to reach their four-year high in Tehran's market on Monday.
After significant leaps in recent days, Bahar Azadi gold coin fetched 11.96…
Economic growth rate stood at 11.6% for the nine months to December 20, 2016, and the figure is predicted to keep up its double-digit momentum in the current Iranian year (started March 21), the…
The Central Bank of Iran is planning to allow authorized exchange shops to use international cards in daily operations [instead of cash], the CBI governor said.
“Such operations will be…
A delegation from the Central Bank of Iran will take part in the spring meeting of the International Monetary Fund in the US. The joint meeting of IMF with the World Bank Group is held biannually…
The Iranian private sector is setting up its own guarantee fund to facilitate international finance for small- and medium-sized investments, the head of Investment Commission at Iran Chamber of…
Tehran Stock Exchange’s main index lost 224.20 points or 0.29% to end Monday trade at 78,247.5.
More than 1 million shares valued at $60.3 million changed hands for the day.
Hegmatan…
The Islamic Republic of Iran Customs Administration has introduced measures to systemize import procedures of foreign clothing brands.
More than 310.7 million tons of mineral products were produced in Iran in the last fiscal year (ended March 20, 2017), the Iranian Mines and Mining Industries Development and Renovation…
Khouzestan Oxin Steel Company has shipped its first batch of steel plates to Germany from the southern Iranian port of Bandar Imam Khomeini, the company’s managing director announced on Monday.…
The agreement on Banking and Payment Arrangement signed between Pakistan and Iran has been a positive move, which will significantly increase bilateral trade in the foreseeable future, the…
A couple of foreign insurance companies are determined to invest in Iran in the next two or three months, the president of the Central Insurance of Iran said.
"Foreign companies have been…
The Central Bank of Iran does not prioritize cash injection into the market, but only to help the banks support production and job creation, the head of the Economic Office at the Central Bank of…
The head of Iran Mining House announced that the proposal for establishing a bank dedicated to the mining sector with a capital requirement of 6 trillion rials ($160 million) will be…
The Central Bank of Iran is against monopolizing electronic banking and supports banks or entities that provide efficient services, the bank's governor said.
"The central bank backs the…
The significantly reduced availability of pig iron from Ukraine since late February has opened the door to the Italian market for alternative suppliers, India and Iran in particular. Basic pig…
Major Iranian steelmakers exported over 5.38 million tons of crude steel and steel products in the last fiscal year (March 2016-17), registering a 29% growth compared to the year before, Iranian…
Tehran Stock Exchange’s main index inched up 88.40 points or 0.11% to end Sunday trade at 78,471.7.
Close to 1.4 billion shares valued at $83.1 million changed hands for the day.
…
Close to 50,000 tons of chicken were exported from Iran in the last fiscal year (March 2016-17), down from 80,000 tons the previous year, registering a 37.5% decline, the head of Broiler Breeders…
