The minister of economy has called for greater momentum in economic and banking ties between Tehran and Ankara.
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 United States is further easing sanctions on Iran, making it easier for foreign firms to do business with the country following last year's nuclear deal.
Iran’s major mining companies manufactured more than 15.1 million tons of iron ore concentrate in the first half of the current fiscal year (started March 20). The Iranian Mines and Mining…
The Iranian government is paying as much, if not more than private companies, in bond markets to borrow money. While this goes contrary to the norm, it is a demonstration of the universal rules…
The Iranian government has ambitious plans for the country’s steel industry now that international trading sanctions against the Middle Eastern country have been lifted.
But which is the…
Tehran Stock Exchange’s main index gained 34 points or 0.04% to end Saturday trade at 77,217.
More than 872 million shares valued at $46 million changed hands for the day.
Rouzdarou…
Capital Intelligence Ratings announced on Thursday that it has affirmed the Financial Strength Rating (FSR) of Export Development Bank of Iran (EDBI) at ‘BB-’. The FSR is supported by the bank’s…
The Central Bank of Iran and the State Bank of Vietnam have agreed to establish correspondent relations, said the governor of the CBI, Valiollah Seif.
“In relation to the development and…
A one trillion rials ($31.7 million) credit line has been opened by Keshavarzi Bank (the main agriculture bank) to help prop up the struggling pistachio export industry, said the deputy…
A former top US Treasury Department official acknowledged in talk with The Weekly Standard Thursday that major international firms still do not want to do business with Iran, despite efforts…
The Czech Republic seeks to cooperate with Iran in manufacturing industrial machinery, especially equipment used in surface and underground mining, Iranian Mines and Mining Industries Development…
Three people died in an accident at Mobarakeh Steel Company’s plant in Isfahan on Wednesday, while two other people were injured.
A control cabin in the iron ore processing plant of the…
The government cannot get rid of its poorly managed companies fast enough. The latest offering of government companies to the public left 95% of the offered shares without buyers.
Trafigura Group Ltd., the world’s second-biggest metals trader, wants to increase business with post-sanctions Iran.
Tehran Stock Exchange’s benchmark index lost 117 points or 0.2% during the trading week that ended October 5 to close at 77,183.
TSE trading week begins on Saturday and ends on Wednesday.…
Tehran’s Imam Khomeini International Airport is in the early stages of a gradual reinvention, part of a long-term plan to boost trade and turn Iran into a regional hub after its nuclear deal.
…
All state institutions must use the same salary system to prevent misuse of public money. The parliament’s Article 90 Commission put forth a 10-point proposal for organizing executive pay in the…
Brazilian companies such as Embraer SA and Marcopolo SA are scrambling to close multibillion-dollar deals to sell planes and buses to Iran, seeking to navigate remaining US financial sanctions,…
Islamic Republic of Iran Shipping Lines is planning to expand its shipping fleet by the end of 2020 by utilizing mega-size container ships and Ultramax class bulker carriers, announced the…
Tehran Stock Exchange’s main index lost 152.30 points or 0.20% to end Wednesday trade at 77,183.
More than 1.1 billion shares valued at $65.2 million changed hands for the day.
Ilam…
Bank Mellat’s payment application “Seke” (Persian for coin) now allows customers to use NFC (Near Field Communication) technology for making payments. Rostam Shah Garshasbi, director of Beh…
The dual forex rate regime will come to an end within "the next two or three months", said the minister of economy in what is seen as the most definitive announcement by a top official about the…
Iran-Germany trade stands at €2.3 billion, according to the Parliamentary State Secretary at Germany's Federal Ministry for Economic Affairs and Energy.
The US dollar was sold for 36,000 rials in Tehran on Wednesday, marking the highest rate since the start of the current fiscal year in March. The currency had started a modest rally up from last…
Norwegian companies AKVA Group and Aqualine have signed a deal to supply technical aquaculture equipment to Iran to boost production capacity by 20,000 tons.
The agreement was signed on…
