During President Hassan Rouhani's visit to China, the two countries signed several agreements to boost trade and financial ties, including an agreement to use their respective currencies.…
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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Mansour Yazdizadeh has replaced Ahmad Sadeqi as the new managing director of veteran steelmaker Esfahan Steel Company. The new director has spent most of his professional career at ESCO.…
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The National Iranian Oil Company will provide various ministries and governmental organizations with 4 million tons of free bitumen valued at up to 30 trillion rials ($714.28 million), a…
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The share of Iranian young people (ages 15-24) who were not in employment, education or training (NEETs, for short) fell from 38.3% in the fiscal 2011-12 to 36.2% in 2016-17, according to a…
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Tehran Stock Exchange’s main index lost 68.38 points or 0.07% on Monday to end trading at 95,847.5.
About 1.06 billion shares valued at $53.59 million changed hands at TSE for the day.…
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The European Union is taking steps to protect EU companies investing in Iran from renewed American sanctions on Tehran after US President Donald Trump decided to unilaterally withdraw from the…
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Gold coins kept rallying nationwide on Sunday, taking its lead from Tehran's market, in signs that investors are showing renewed interest in the safe haven asset.
The rally, which…
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Members of Iran's Parliament during Sunday's open session voted to postpone for two months the review process of the government-proposed bill aimed at joining the United Nation's International…
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In spite of all efforts to boost economic ties with Qatar, Iran’s only active bank in the Arab nation, Bank Saderat, is still facing serious hurdles, according to its chief executive.
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In a directive on Saturday, the Central Bank of Iran authorized foreign currency transfers (through the hawala system operated via the Integrated Forex Deals System) of up to €5 million or its…
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Tehran Stock Exchange’s main index lost 161.11 points or 0.17% on Sunday to end trading at 95,916.
About 821 million shares valued at $53.27 million changed hands at TSE for the day.…
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Esfahan Steel Company's major shareholder is planning to sell its stake in the veteran Iranian steelmaker and potential domestic and foreign buyers have already lined up, the managing director…
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Major Iranian copper producers produced 107,795 tons of copper concentrate during the first month of the current fiscal year, Farvardin (March 21-April 20), which indicates a 15% growth compared…
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Since the early 2000s, growth in Iran has been insufficient to improve real GDP per capita incomes.
Sanctions and negative oil price shocks led to budget tightening and a contraction in…
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The volume of foreign investments attracted during the previous fiscal year (ended March 20, 2018) registered a notable increase compared with the previous year, the head of the Organization for…
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The Central Bank of Iran issued new regulations governing the allocation of foreign currency to Iranians studying overseas, two months after the government tightened its control over the…
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Governor of the Central Bank of Iran Valiollah Seif said the prospect of Iran and China using local currencies in bilateral trade will eliminate any difficulties arising from the fallout of the…
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The Tehran Stock Exchange saw a downtrend in mid-trading hours on Monday, after which main indices oscillated between gains and losses before the overall index ended in green by the day’s close.…
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Iranian Mines and Mining Industries Development and Renovation Organization recently signed a deal with two Iranian firms to develop the second phase of Zarshouran Gold Mine in northwestern Iran…
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Iran’s major aluminum companies produced 60,947 tons of aluminum products during the first two months of the current fiscal year (March 21-May 21), which indicates a 9.7% increase compared with…
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With the aim of expanding bilateral cooperation in the field of food and agriculture, Germany has been implementing a project named “Representative of the German Food and Agribusiness in Iran”…
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The 25th International Exhibition of Agricultural Industries, Food, Machinery and Related Industries, also known as ‘Agrofood 2018’ has been scheduled to open on June 29 at Tehran’s…
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Qatari Ambassador to Iran Ali bin Hamad al-Sulaiti has thanked Tehran for its assistance to Doha one year after diplomatic and economic sanctions were imposed on Qatar by Saudi Arabia, the UAE,…
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Iran will use all possible legal channels to pursue its interest over Boeing’s decision to cancel its deal with Iran Air, the minister of roads and urban development said.
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The government’s capital expenditure during the first two months of the current Iranian year (March 21-May 21) stood at 280 trillion rials ($6.66 billion), which constitutes 22% of this year’s…
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