The copper industry is currently the most profitable sector to capitalize on compared to other base metals, says an official with the National Iranian Copper Industries Company, calling it a haven…
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.
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On the shores of the Caspian Sea, an ambitious project is underway to produce a pricey delicacy that could boost Iran’s economy as sanctions ease: caviar.
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The government plans to exempt all mines across the country from 10% of their dues in mining royalty, says Deputy Minister of Industries, Mining and Trade Ali Asghar Tofiq. According to the…
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The Iranian government is raising 180 trillion rials ($5 billion at market exchange rate) by selling Ejareh Islamic bonds, says deputy economy minister and the country's treasurer, Seyyed…
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Tehran Stock Exchange’s benchmark gained 129 points or 0.21% during the week that ended November 11, compared to the previous trading week to settle at 63,056.
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South Africa and Iran have signed a number of deals that will see them cooperate in various fields, among them trade and mineral processing.
The deals were signed during Deputy President…
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Iran is planning to enter the African banking sector, a move intended to mitigate the risks of investment in that continent, the Trade Promotion Organization of Iran said on Tuesday.
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The newly initiated 600 million rial ($ 20,000) housing loan will be ratified by the Central Bank of Iran next week said Mohammad Hashem Botshekan, CEO of Bank Maskan, according to the…
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The final decision on further interest rate cuts will be announced by the Money and Credit Council at its next meeting by the end of the month, said Valiollah Seif, governor of the Central Bank of…
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The minister of communication and information technology, who is in Moscow for the 12th meeting of the Iran-Russia joint economic commission, has called for the use of national currencies in two-…
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As debate on the much-anticipated economic stimulus package of the government continues among business leaders and economists, a finance and banking expert has criticized the central bank and…
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Three new companies are to join the domestic insurance industry, said Rahim Mossadeq, Central Insurance of Iran’s deputy for planning and development affairs, reported ISNA. The firms include…
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Iran Mercantile Exchange’s export trading board witnessed 30,000 tons of granulated sulfur supplied by Kharg Petrochemical Company at the base price of $128 per tons on Wednesday.
In…
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Iron ore prices are far from their highs of 2011-13 due to the slowing demand in China.
According to the latest reports by Platts, prices for CFR China imported iron ore with 62% purity…
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Sanctions against Iran are set to be lifted in a few months’ time. That prospect has airliner salesmen salivating, because Iran has a civil fleet largely made up of increasingly decrepit aircraft…
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The Iranian government will offer some state-owned manufacturing companies to foreign buyers in line with its objective to import technology and attract foreign direct investment, says Minister of…
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In a bid to attract foreign investors and raise funds for implementing domestic development projects, a "financial free zone" will be created on Kish Island, Presidential Advisor Akbar Torkan said…
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Iran Mercantile Exchange is about to offer currency futures for the first time to help Iranian companies and foreign investors hedge against the foreign exchange fluctuations of the Iranian…
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Saffron is one of the world’s most precious products, worth more than its weight in gold.
Prized at dinner tables around the world, it is a spice only found in minute quantities in each…
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The quality of disposable syringes manufactured in Iran is on par with those made in Europe, says the commercial executive of a pioneer company manufacturing disposable medical devices and…
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Tehran Stock Exchange’s main index gained 8.60 points or 0.01% to stand at 63,044 at Tuesday’s close.
More than 446 million shares changed hands value at over $21.3 million to register…
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The Money and Credit Council will decide whether to lower interest rates to the proposed 18% from the current 20% in its meeting on Wednesday, said Mohammad Baqer Nowbakht, the government…
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The housing loan ceiling will be raised to one billion rials ($33,000) next year from the present 800 million rials ($26,400), as the Money and Credit Council has indicated its agreement with the…
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United Nations Conference on Trade and Development publishes an annual report called the World Investment Report focusing on trends in foreign direct investment. According to its 2015 report…
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Central Insurance of Iran’s safety and damage prevention department has released statistics on its marine coverage performance.
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