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.
July 21, 2023 18:51
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June 09,2018The 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... -
June 09,2018Governor 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 US...
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June 08,2018There was nothing much going on in the Iranian capital market last week, as both Tehran Stock Exchange and Iran Fara Bourse were closed the entire week, except for Saturday and Sunday. Tehran...
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June 08,2018China’s adeptness at doing business with Iran through state-owned companies not exposed to the...
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June 08,2018Iran’s insurance companies absorbed 335.9 trillion rials ($7.96 billion) in premiums during the previous fiscal year that ended on March 20, 2018, up by 21.1% when compared with the year before,...
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June 08,2018The 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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June 08,2018Major Iranian steelmakers exported 1.27 million tons of semi-finished and finished steel products during the first two months of the current fiscal year (March 21-May 21) to register a 25% growth...
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June 08,2018After a bigger-than-expected rally in home prices in the first quarter of the current fiscal year that started on March 21, housing experts believe the one-off bull run will lose steam as the year...
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June 08,2018Iran 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. “We should not be...
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June 08,2018Bahar Azadi gold coin continued its upward trend to gain 800,000 rials ($19) over the four-day period ending Thursday. The Central Bank of Iran announced that the US dollar’s exchange rate rose...
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June 02,2018Iran’s Ministry of Roads and Urban Development is pursuing the expansion of real-estate investment trusts (REITs) in collaboration with Bank Maskan, the agent bank of the housing sector. According...
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June 02,2018There seems to be no end in sight to the showdown between the government and miners over unprocessed mineral exports. The High Economic Council ratified the proposal to slap export duties on...
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June 02,2018Iran’s two stock markets have seen the delisting of 174 companies since the fiscal 2002-3, according to Tehran Stock Exchange and Iran Fara Bourse data. The highest number of delisted shares came...
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June 02,2018A housing official said the recent meteoric rise in house prices in some of the districts of Tehran, which far surpassed the inflation, are not “real” and must decline. Iraj Rahbar, vice...
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June 02,2018The government has launched two offices to monitor and manage its piles of debts, a deputy at Plan and Budget Organization said. According to Hamid Pour-Mohammadi, one such office has been set up...
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June 02,2018Tehran Stock Exchange’s main index gained 374.32 points or 0.39% on Saturday to end trading at 95,951.9. About 801 million shares valued at $43 million changed hands at TSE for the day. Trading...
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June 02,2018Iran and Uzbekistan have reached a preliminary mutual agreement to allow tax-free entry licenses for trucks commuting between the two countries. “The agreement was reached during the visit of...
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June 02,2018Tight spot supply of Iranian lead ingots have pushed up premiums for major importing...
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June 02,2018The Central Bank of Iran has agreed to significantly ease capital conditions based on which foreign banks will be able to establish a branch in the country's free trade zones, the secretary-general...
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June 01,2018Iran and Russia are currently conducting bilateral trade in their local currencies, rial and ruble respectively, as well as euro, a former official of Iran-Russia Chamber of Commerce said. "Trade...
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June 01,2018India’s largest lender State Bank of India has alerted all its offices on the pitfalls of dealing with companies carrying out trade with Russia and Iran, which are battling US sanctions. Large...
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June 01,2018Out of Tehran Stock Exchange’s 326 listed companies, the three largest in terms of market capitalization are Persian Gulf Petrochemical Industries Company, Mobarakeh Steel Company and National...
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June 01,2018Iranian export slab prices fell slightly in the week ended May 30, with customers...
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June 01,2018Foreign insurers have established four representative offices in Iran and another insurer has applied for a license to establish such an office, according to the head of Central Insurance of Iran,...
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June 01,2018A recent agreement with the Swiss train building company Stadler may be scrapped entirely, if US sanctions are reimposed and Europe fails to guarantee Iran’s interests as promised in the Joint...
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