Tehran Stock Exchange’s main index gained 114.80 points or 0.15% to end Saturday trade at 77,804.7.
Some 1.2 billion shares valued at $93.7 million changed hands for the day.
Alborz…
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>
Untying the Gordian Knot of unemployment is no easy task. That’s what all officials and analysts say.
As 700,000 jobs are created in the Iranian economy annually, around 500,000 job-seekers…
Saba Steel Complex, a subsidiary of Iran’s largest flat steel producer Mobarakeh Steel Company, has managed to finish the second phase of its expansion project, allowing it to double steelmaking…
Khouzestan Steel Company became Iran's largest exporter of steel by exporting 1.9 million tons of billet and slab in the Iranian year that ended March 20, 2017, according to KSC sales deputy,…
The National Land and Housing Organization of Iran is to build more than 100,000 residential units as part of the Comprehensive Housing Plan and create funds to finance the housing sector in…
In its 30th meeting held in Kuala Lumpur, Malaysia, the Council of the Islamic Financial Services Board approved the Guiding Principles on Disclosure Requirements for Islamic Capital Market…
Polish and Iranian lenders need host each other’s bank branches to normalize banking ties between the two countries, the Polish deputy minister of economy said.
“That would not only boost…
In the aftermath of sanctions removal as a result of Iran's nuclear deal with world powers –formally known as the Joint Comprehensive Plan of Action–the administration of President Hassan Rouhani…
The four years of deep recession in the housing sector are predicted to end by the second half of the current Iranian year (September 2017), the head of Tehran Association of Realtors said."…
The European Commission has decided not to impose preliminary anti-dumping duties on hot rolled coil imported from five countries, including Iran, and sent official papers on the issue to the…
The Iranian flat steel import market has been largely inactive for the most part of the week that ended April 5 due to long holidays to ring in the Iranian New Year (started March 21).
Most…
Iran- and India-origin basic pig iron with a high manganese content has been offered to Italy, as Ukraine’s absence from the market since late February continues.
Basic pig iron from Iran…
Expectations announced last year by Iranian billet sellers to improve their presence in export markets have been fulfilled.
Favorable market conditions along with lower competition with…
The first production phase of South Rohina Steel Complex was inaugurated on Wednesday by First Vice President Es’haq Jahangiri and Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh…
Banks' lending rates are still high and the government is making efforts to lower the lending rates in line with the inflation rate, said the Central Bank of Iran's governor.
"Since we…
The government has cleared 132 trillion rials ($3.5 billion) of its arrears to the banking system while increasing its capital to public-sector banks by 242 trillion rials ($6.4 billion) , said…
Contrary to recent reports, Iranian banks have not gone bust but are in fact mired in faulty regulations, the secretary-general of the Private Banks and Credit Institutions Association said.”The…
After the implementation of Iran's nuclear accord with world powers, the country has negotiated its way to attract $50 billion worth of foreign finance expected to flow into the country soon, a…
Two pellet-making plants with production capacities of 5 million and 2.5 million tons per year and located in Sangan Mineral Zone will start production in the Iranian month of Ordibehesht (April…
The Iranian debt market witnessed the issuance of 83.6 trillion rials ($2.2 billion) of Sukuk in the last fiscal year (ended March 20, 2017), registering an over 92% growth compared with the year…
The government of President Hassan Rouhani is approaching its last months in office ahead of the May 10 election.
As Iranians prepare for the upcoming presidential vote, supporters and…
Tehran Stock Exchange’s main index gained 42.80 points or 0.06% to end Wednesday trade at 77,689.9.
Some 871 million shares valued at $46.2 million changed hands for the day.
…
The only Iranian plate producer Khouzestan Oxin Steel Company intends to increase its capacity utilization rate and strengthen its position globally over the new Iranian year (started March 21).…
Iran's insurance industry grew by 22% during the year to March 20, 2017, with insurance penetration rate improving by 0.4% to reach 2.1%, said the president of the Central Insurance of Iran.
Iran is fully prepared to expand cooperation with all members of the Islamic Financial Services Board in various areas, including opening banks and branches, establishing correspondent relations,…
