The Export Development Bank of Iran is holding talks with the National Development Fund of Iran to open a $1 billion credit line to promote exports and offshore construction schemes, announced the…
Business And Markets
<p>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.</p>
The Central Bank of Iran has approved three applications by domestic banks for launching offices in Italy, Germany and the UK.
CBI’s Office for Banking and Monetary Permits on Saturday…
Tehran Stock Exchange’s main index shed 324 points or 0.52% to end Saturday trade at 77,757.5.
More than 784 million shares valued at $46.1 million changed hands for the day.
Pars…
The 15th edition of ‘Iran International Confectionary Fair’ will be held in Tehran September 13-16.
Mazandaran Post Office has launched a new service to deliver agricultural products across the country. The so-called AgroPost will help direct shipment of crops cultivated in the northern province…
Iran maintains its position as the world’s biggest direct reduced iron producer. World Steel Association’s latest data on DRI output for January-July period shows the Islamic Republic outperformed…
An estimated 28,000 tons of pistachio worth 8.3 trillion rials (close to $234.5 million) were exported during the first four months of the current Iranian fiscal year (March 20-June 20), which…
An estimated 40,000 tons of ginned cotton was produced in the last crop year – not a banner year for the industry with a record of 250,000 tons in cotton production once, says Alireza Haeri, a…
The central banks of Iran and Ecuador on Wednesday agreed to open accounts in euro and each other’s currencies for expanding relations between the two countries’ banks, opening letters of credit…
South Korea will launch a euro-based settlement system for transactions with Iran next week, one of the biggest financial barriers to trade with Iran, following the lifting of international…
Some 17,032 houses were sold in Tehran during the month ending August 21, marking a year-on-year growth of 30.1%, continuing a bullish trend that could herald a recovery for the depressed property…
The Central Bank of Iran has opened bank accounts in major European and Asian countries and secured 542 such openings so far, according to the deputy governor of CBI for foreign exchange affairs…
Iran sits at the crossroads of civilizations. With a large, well educated and young population, a relatively high GDP per capita, and a strategic location, Iran has strong potential to become a…
The 17th International Exhibition of Food and Food Processing, iFood 2016, opened in Mashhad, the capital of Khorasan Razavi Province, on Thursday with more than 200 Iranian and 800 foreign…
Stock markets were in hibernation this week as the Economy Ministry, the parliament and the market regulator were preoccupied with executive salaries and reducing government debt to banks.
An Australian businessman has told the national public broadcaster ABC (Australian Broadcasting Corporation) he would like to trade with Iran, but his financial institution said it wanted no…
Metal Bulletin, a London-based information provider for the global steel, non-ferrous and scrap metals markets, will hold the 'Iranian Base Metals Conference' in Tehran September 6-7.
After the Mehr Housing Project is concluded, several affordable housing schemes to help the low-income strata will be launched, announced the deputy minister of roads and urban development on…
Iranian Mines and Mining Industries Development and Renovation Organization has linked up with two German banks, three Italian banks and some other European banks, “without being charged with…
Lawmakers on Wednesday officially ratified Iran's membership in Asian Infrastructure Investment Bank, the international investment bank launched in 2015 by China.
The parliament also…
Six auctions are to take place by the end of the fiscal year (March 20, 2017) for selling the excess properties of banks, said the head of the Company for Selling Banks’ Excess Assets aka Fam.…
Lawmakers on Wednesday allowed the government to take out up to $5 billion in loans from Russia for the development of civil projects. Renewable energies, nuclear power, railroads, highways, dams…
The Central Securities Depository of Iran issued 61 trading codes for foreigners to trade in Iran’s equity market during the first five months of the current Iranian year (March 20-August 21),…
The government has decided that 2,000 subway cars be imported to meet growing demand in the big cities. It is planning to invite international tenders for the purchase, IRNA reported. The move is…
A factory producing paper from agricultural waste was inaugurated in the small town of Ashkezar in Yazd Province on Wednesday. More than 172 billion rials (over $4.8 million) has been invested in…
