A senior housing official has predicted stability in the real-estate market until the end of the current Iranian year (March 19, 2016).
Hamed Mazaherian, deputy minister of roads and urban…
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.
The Iranian nuclear pact will gradually reopen an economy bigger than Thailand’s and with oil reserves rivaling those of Canada. Here’s what investors will encounter, Bloomberg wrote.
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Iran has agreed to export 1,000 tons of copper cathode to China, announced the managing director of National Iranian Copper Industries Company, Ahmad Morad Alizadeh, during a meeting with a…
Tehran Stock Exchange wrapped up its fourth consecutive trading week in red amid tumbling oil prices, reopening of listed companies’ ticker symbols, banking problems and lingering ambiguities…
Many believe that for a country like Iran, which is the 18th largest economy in the world in terms of GDP, unimpressive international trade rankings come as a surprise.
Even as sanctions prevented regular flows of foreign investment, the government has been steadfast about expanding the country’s gold sector. For the first time in the history of Iranian gold…
Iran’s famed carpet weavers are busy at work following the country’s historic nuclear deal with world powers, anticipating a boost in exports as sanctions are set to be lifted in the months ahead…
More than 430,000 tons of commodities were offered by local suppliers on Iran Mercantile Exchange’s spot market on Wednesday. As IME reported, the industrial and mining trading floor witnessed the…
Many sectors of Iran’s economy are poised to benefit from sanctions relief to be made possible by the nuclear agreement struck between Iran and world powers on July 14, but no other sector could…
The Azadi gold coin led a general advance against the rial in Iran's foreign exchange on Wednesday, as all major currencies rose against the rial and stocks fell in Tehran Stock Exchange.
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Vice governor of the Central Bank of Iran for supervision affairs has announced that uncertified financial institutions in the process of obtaining license are not allowed to attract new deposits…
With the addition of 120,000 housing units later this month, Mehr Housing Scheme is poised to become a 1.5 million-strong housing project. Deputy Minister of Roads and Urban Planning Ahmad Asghar…
Lender Bank Mellat’s shares dropped 7.42% after they reopened for trading on Monday. The commercial bank’s symbol was closed for an extraordinary general meeting to appoint a new board. The bank’s…
First Vice President Es’haq Jahangiri said on Monday all sections of the ruling system, including the government, judiciary and the Supreme National Security Council, are unanimously determined to…
Iran needs money. It needs cheap financing to develop its diversified industrial base and save it from recession. It also requires foreign exchange credit and bilateral trade deals to diversify…
Guinea has renewed a 25-year agreement with Iran to allow it to continue producing bauxite.
About 119,000 tons of commodities worth more than $48 million were traded at Iran Mercantile Exchange on Sunday. As IME reported, 860 tons of white sugar, 110 tons of Brazilian corn and 2 kg of…
Iran Mercantile Exchange is expecting the presence of international financial institutions once sanctions (imposed by the US, EU and UN against Iran over its nuclear program) are lifted, says IME’…
An early uptick at Tehran Stock Exchange on Sunday was reversed by Bank Mellat ticker symbol’s return to the board, which was accompanied by selloffs that dramatically pulled down the benchmark.…
Iran will soon be open for business, following the agreement reached on July 14 with the EU, US, China and Russia over its nuclear program.
Bank Saderat of Iran ranked first among Iranian banks in 2015 and was placed among top 1,000 world banks, The Banker announced in its latest annual ranking report. Performance, volume and benefits…
News website Banker defended the Central Bank of Iran’s management of the money market, saying the bank had fared well in its quest to curb inflation and the growth of money supply.
The…
The Central Bank of Iran has reportedly greenlighted a move by private banks to hire the former employees of the defunct Mizan Financial Institution.
The newly appointed CEO of Iran Mercantile Exchange has defended the creation of the real-estate bourse, saying it would not cause a hike in housing prices.
Hamed Soltaninejad said in his…
Investors have expressed optimism at the prospect of Iran’s economy opening up. In a recent report, Renaissance Capital looked at the economic advantages of the country for foreign investors. The…
