Major Iranian steelmakers exported 3.98 million tons of semi-finished and finished steel products during the first seven months of the current fiscal year (March 21-Oct. 22), registering a 24%…
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.
Gholamreza Shafei, a former deputy head of Iran’s Management and Planning Organization, is tipped to take the helm of Civil Servants Pension Fund, after Mahmoud Eslamian announced his…
During a meeting between the head of Majlis Domestic Production Support Commission and the head of Malaysian Parliament in Kuala Lumpur, the resolution of Iranian traders’ banking issues in…
As the Iranian banks move to connect to their international peers, some fundamental structural reviews are called for in order to strengthen their corporate governance and realign their…
Following the policy of promoting life insurance, the president of Central Insurance of Iran announced that the High Council of Insurance has issued the license for the establishment of another…
Iranian people, businessmen and policymakers must accept the rise in foreign exchange rates because the country’s inflation rate has been higher than the global average as well as the rate in…
The 13th International Trade Fair for Construction Machinery and Vehicles, Mining, Building Material Machines and Natural Stone Industry opened in Tehran on Saturday. According to Mohammad…
With up to 110 stage plays every year, Iranian theater is no longer a small-scale economic activity, a prominent theater director said.
Iran’s veteran steelmaker, Esfahan Steel Company, produced 1.27 million tons of steel products in the first seven months of the current fiscal year (March 21-Oct. 22), posting a 7.06% growth…
Tehran Stock Exchange’s main index added 23.70 points or 0.03% to end Saturday trade at 87,868.6.
About 1.36 billion shares valued at $46.045 million changed hands on Sunday.
…
The Iranian banking system has established an online gateway that enables members of its interbank foreign exchange market to trade foreign currencies with higher speed and stability.
Iran and Iraq agreed to establish a joint committee between their central banks as soon as possible, during a meeting between Iranian Minister of Industries, Mining and Trade Mohammad…
Private sector investors have put up more than 18 trillion rials ($440 million) for the establishment of new towns in Iran during the past four years, said a board member of the New Towns…
South Kaveh Steel Complex (SKS), located in Persian Gulf Mining & Metal Industrial Special Economic Zone, launched its Steel Making Plant Phase I for production of 1.2 million t/year steel…
Tehran Stock Exchange’s main index TEDPIX gained 909.5 points or 1.04% during the second week of the month that ended on Nov. 1 to close at 87,844.9.
The benchmark index is currently…
Due to the heavy amount of central planning in the economy and during a period when oil prices were unlikely to fall, the Iranian consulting sector saw little opportunity to gain a client base…
A delegation from Iran’s private sector headed by the deputy head of Tehran Chamber of Commerce, Industries, Mines and Agriculture. Ala Mir-Mohammad-Sadeqi, is scheduled to visit Slovakia and…
The World Bank’s latest report on ease of doing business shows Iran ranks 124th among the 190 economies, indicating a four-notch slide in Iran’s regulatory improvement from last year.
Iranian banks remain devoid of ties with major European counterparts who understandably err on the side of caution for fear of having to pay millions of dollars courtesy of potential US…
The removal of banking hurdles and expansion of financial ties have considerably impacted the volume of transactions between Iran and Russia.
This was stated by Iran’s Minister of…
The Central Bank of Iran has officially notified the directive for “minimum requirements of liquidity risk management of credit institutions” to the banking system that was approved by the top…
The Export Development Bank of Iran announced that in addition to the previously agreed credit lines, his bank is negotiating new ones with a Russian lender and two Chinese banks.
Iran produced 27.2 billion cigarettes in the first seven months of the current fiscal year (started March 21), indicating an 18% rise year-on-year, the head of Tobacco Planning and Supervision…
Iran is seeking $50 billion in investment for its mining industries up to 2022 and has signed agreements with several European and Asian banks in the past few months, a deputy minister of…
India’s first consignment of wheat to be sent to Afghanistan arrived at Iran’s southeastern port of Chabahar on Wednesday morning.
