During a meeting between deputy minister of industries, mining and trade, Mehdi Karbasian, and Azerbaijan’s Minister of Economic Development Shahin Mustafayev in Baku on Friday, the two sides…
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.
Head of the Securities and Exchange Organization Mohammad Fatanat held talks with his Luxembourg counterpart Robert Scharfe on Saturday over potential cooperation between the two stock markets.
Iran Mercantile Exchange featured about 50,000 tons of I-beam from Isfahan Steel Company on the industrial and mining trading floor on Saturday.
Iran Fara Bourse’s main index IFX added 3.7 points or 0.54 to close at 684.3 on Saturday, snapping a six-day losing streak
According to IFB, some 180 million securities valued at over $260…
Iran is still dependent on imports to fill in the supply deficit of some key metals, but industry experts are hopeful that the country’s rich reserves offer opportunities for new discoveries and…
An Iranian economic delegation, headed by deputy minister of industries, mining and trade, Valiollah Afkhamirad, visited Serbia on Wednesday for a three-day visit aimed at expanding bilateral…
The wobbly stock market keeps putting investors on the edge, with Tehran Stock Exchange’s benchmark dipping 1,203 points or 1.9% in the week that ended September 16 to close at 62,624.
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The Iranian government’s approach in handling soaring inflation over the past two years has divided economists over President Hassan Rouhani’s economic policies.
The CEO of Bank Melli says banks cannot provide facilities for housing loans because they are short of money supply. Abdol Naser Hemmati pointed to the high demand for mortgages saying, “Banks do…
To provide low-interest facilities for non-musharakah contracts banks need approval from the Management and Planning Organization and the government should compensate the difference in the two…
The minister of roads and urban development has called for the establishment of a settlement bank to resolve the problem of toxic assets, Financial Tribune’s sister news website, Eghtesad News,…
The government has projected its foreign exchange rate in the 2016-17 budget at a lower-than-expected rate. ISNA quoted an unnamed official on Friday as saying that the greenback's exchange rate…
Sukuk or Islamic bonds is a safer alternative to debt securities, an official in Securities and Exchange Organization was quoted Thursday by IRNA as saying.
The expected changes to the tax regime will lead to higher housing prices and undermine purchasing power of the masses, the director of the National Union of Builders said Friday.
Jamshid…
Latest data show about a 30% drop in the value of white cement exports during the first five months of the current Iranian year (ended August 22).
The figures, released by Iran Customs…
More than 152,000 tons of commodities were offered on Iran Mercantile Exchange’s different trading floors on Wednesday. As IME reported, the oil and petrochemical trading floor played host to 70,…
Tehran Stock Exchange’s main index extended its retreat and lost 269.5 points or 0.43% to end at 62,267 on Wednesday.
Iran’s vast, untapped market can be a great market for Australian products.
During a meeting between Australia’s Ambassador to Iran Paul Foley and head of Iran’s Chamber of Commerce,…
The Organization for Investment, Economic and Technical Assistance of Iran is expecting up to $30 billion in foreign investment in Iran’s equity market during the sixth five-year economic…
Central Bank of Iran hosted an Algerian delegation Tuesday headed by Bank of Algeria’s governor and the country’s ambassador.
Valiollah Seif, the CBI governor, referred to close political…
Engineers employed with municipalities and state or government organizations should not be members of relevant engineering and construction associations, a member of the Tehran Engineering…
The insurance industry is moving on the right path, the minister of economy was quoted Wednesday by Iran’s Central Insurance Company as saying.
Share of the government in the insurance…
The lifting of international sanctions on Iran will boost the country's economy and fuel the growth of Islamic finance, Standard & Poor's Ratings Services said on Tuesday.
Volatility in the foreign exchange market widened the gap between the official and free market forex rates on Wednesday. In late trading the greenback was sold for 34,050 rials in the free market…
The Central Bank of Iran issued 32.5 trillion rials ($1.07 billion at the official exchange rate) worth of participatory bonds in the last fiscal year (ended March 2015). According to CBI data,…
