Mushroom cultivation has gained attention in recent years among small-scale growers due to its relatively short crop cycle and low investment.
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.
A multipurpose port will be established is Suza, Qeshm Island, with a 700-million-euro budget fully funded by foreign investors, said Farzin Haqdel, financial and investment deputy of Qeshm Free…
After a long series of bumpy rides at Tehran Stock Exchange, the benchmark has been on the rebound for two weeks. The TEDPIX gained 2.04 percent in the week that ended June 24 compared to the…
Trade volume and value at Iran Fara Bourse in the week that ended June 24 saw an unprecedented growth compared to the prior week, with the Base Market leading the hike by 1,926 and 2,600 percent…
Chilean grapes, French apples, Chinese pears, Egyptian oranges, Turkish peaches, just name it! Fruit stores are awash with colorful, expensive foreign fruits which snub their humble Iranian…
The currency swap agreement with Turkey has entered into force, an official in Iran-Turkey Commercial Council told ISNA on Friday. “Commercial transactions between the two neighboring…
B ank Saderat said it has nothing to do with the defunct Mizan Credit Institution and its liabilities in a statement on Thursday.
Mashhad-based institution Mizan was closed down by the…
One ailing aspect of the Iranian economy has been the unhealthy growth of the money supply, which is largely blamed for the runaway inflation in recent years.
As the June 30 deadline for a nuclear deal between Iran and the six world powers—the US, Britain, France, Russia, China and Germany—draws ever nearer, the prospect of a final accord is…
Iran Fara Bourse’s benchmark wavered between gains and losses on Wednesday before it inched up 0.7 point or 0.1 percent at the day’s close helped by the positive contribution of oil refining…
After years of procrastination, cooperatives look set to join the stock market, as policymakers explore ways to reinvigorate Iran’s trading floors. Although no concrete decisions have been made…
The textile and clothing sector, which registered more than 5% growth in export value last Iranian year (ended March 20) compared to the preceding year to $989 million, might not see similar…
Tehran Stock Exchange’s main index TEDPIX wrapped up a seesaw trading day in green, notching up 18.1 points or 0.03 percent at Wednesday’s close.
Hossein Abdoh Tabrizi, member of the High Council of Exchange Market, blamed banks for offering high deposit rates, saying the rates would damage production and the economy.
The Money and…
Presidential Advisor Akbar Torkan has criticized the unchecked power of unauthorized financial institutions and the leniency shown toward them.
The US dollar rebounded against the rial after five consecutive days of decline, as Iran’s Leader reiterated his redlines in the nuclear talks with the West.
An official with the Central Bank of Iran suggests that commercial banks provide loans to small- and medium-sized enterprises having potential to create jobs.
Based on the latest report by the World Steel Association, Iran saw a 5.1% growth in crude steel production over the first five months of 2015 vis-à-vis the same period last year.
The…
Low demand in domestic steel market and the slump in steel prices over the past one year have dramatically reduced the prices of scrap iron as a vital material for steel production.
Tuesday trade at Iran Mercantile Exchange saw the offering of about 60,000 tons of polymers by local petrochemical complex on the oil and petrochemical trading floor.
Iran Fara Bourse’s main index IFX surged 10.54 points or 1.46 percent at Tuesday’s close to end at 734.17 and catch up with Tehran Stock Exchange. As IFB reported, more than 537 million securities…
Almost 71-percent of the listed companies at Tehran Stock Exchange outperformed on Tuesday to help the benchmark rise 562 points or 0.87 percent to stand at 64,838.5.
The National Iranian Copper Industries Company has signed a cooperation agreement with the Mining Investment Insurance Fund to protect private producers of copper concentrate, IRNA reported.
In Iran, demand for housing is always more than supply, resulting in boom and bust cycles in housing prices, Hadi Nazarpour, a housing sector expert, told ISNA.
He said as the housing…
Minister of Economy Ali Tayyebnia has called for fundamental reforms in the banking system, saying an integrated system should be created in the banking sector to collect customers’ information…
