Iran’s fast emerging economy, boasting the most diversified equity market in the region worth nearly $85 billion, is set to unleash part of its untapped potential through the launch of new…
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.
Mineral exports have declined by up to 50% in recent months in view of lower demand caused by price fluctuations and emergence of new suppliers, said secretary of the Association of Producers and…
After preliminary mining excavations, pilot production of antimony ingots has been launched in Sefidabeh Antimony Complex, the country’s first antimony manufacturing facility located in the…
A Russian company is planning to invest $40 million in Andarian Gold Mine in Varzaqan County of East Azarbaijan Province, an official at the provincial Industries, Mining and Trade…
The equity market is getting back on track amid dovish signals from the ongoing nuclear talks between Iran and P5+1. Tehran Stock Exchange's benchmark ended at a 46-day high at Saturday's close.…
Iran Fara Bourse benchmark staged a broad rally on Saturday and surged 20.38 points or 2.77 percent to close at 756.58.
As IFB reported, Tehran Oil Refining Company, Hormozgan Steel Company…
Domestic steelmakers are planning to increase exports to four million tons by the end of the current Iranian year (March 19, 2016) from last year’s two million tons, said deputy minister of…
Tehran sits on rich resources of lime. Its geographical location allows for setting up one cement factory at every 100 kilometers. Currently, this densely-populated region is the biggest producer…
A low-profile job that can earn oodles of cash for its holder, especially in uptown Tehran: real-estate agent. They usually work eight hours a day and their payments are often calculated on the…
Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh has proposed a plan to financially help smaller industries. In a letter to the Money and Credit Council—the body in charge of…
Former governor of the Central Bank of Iran, Ebrahim Sheibani, has urged government officials to switch to transactions in national currencies by signing currency swap agreements with other…
Iran is weighing the prospects of launching a foreign exchange market for the first time to enable participants to buy, sell, exchange and speculate on currencies.
The 13 tons of gold repatriated to the Central Bank of Iran is worth $700 million, said the bank’s governor Valiollah Seif.
A central bank official rejected the claim that the rising number of banks would necessarily foster competition, calling on the Competition Committee to urge lenders to compete with one another in…
Banking business in Iran has a long history and since its early days in 1887, the banking industry has undergone many reforms but none has so far been so definitive to stand the test of time.
T he Central Bank of Iran received 13 tons of its gold bullion blocked by sanctions, according to its Governor Valiollah Seif.
The issue was resolved on the sidelines of the nuclear talks…
Iranian banks’ illiquid assets must be sold to boost economic growth, said presidential advisor Akbar Torkan on Thursday.
“Around 50% of the country’s money supply are locked, including…
The government has tasked banks and credit institutions to prepare a list of their movable and immovable assets categorized as surplus and non-surplus. The list must be submitted to the Central…
Chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture Mohsen Jalalpour says growth in the industrial and mining sectors calls for improvement in market competitiveness and…
Ranked among 15 major mineral-rich countries for its 7% share of the global mineral resources, Iran is one of the most prominent mineral producers in the world endowed with a diversity of deposits…
Esfahan Steel Company exported 250,000 tons of products during the first quarter of the current Iranian year (started March 21), which indicates a 400% growth compared to the same period last year…
The stock market looks set to unleash its potential and get back on track amid upbeat news about a comprehensive nuclear deal with the benchmark surging more than 4 percent since June 13.
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As marathon nuclear talks are making progress towards a final deal, investors’ optimism has sent domestic stock markets surging over the past two weeks, compensating for the benchmark’s long-…
Experts estimate it takes about 18-20 months to build a residential unit in Iran while the 2012 Survey of Construction by the Census Bureau indicated that on average, it takes about seven months…
Starting next Saturday, the 10,000-rial investment units of Sepehr Khobregan Naft, a new exchange-traded fund, will be sold at Iran Fara Bourse or the over-the-counter market. This is the first…
