Tehran Stock Exchange’s all-share index TEDPIX inched up 17.90 points or 0.03% to close Monday trade at 61,728.1.
Over 575 million shares valued at around $34 million changed hands to…
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 Iranian government is streamlining its foreign exchange operations to help the central bank manage the foreign exchange rates, as low oil prices, coupled with ongoing sanctions on oil and…
Iran Mercantile Exchange’s industrial and mining trading board witnessed the supply of 2,220 tons of C hot-rolled sheets, 2,200 tons of B hot-rolled sheets, 1,000 tons of B cold-rolled sheets and…
The main advantage for Iran’s paint production sector is the availability of cheap petrochemical and oil products, managing director of Shadan Chemical Company said.
Mohammad Ali Asasi…
Iranian Insurance firms will offer air pollution coverage following the record air pollution in the capital in recent days, an official at the Iranian Insurers’ Syndicate said on Saturday. Ali…
A prominent economist has played down the inflationary impact of the new credit cards saying though the credits will stimulate consumer spending, its inflationary impact will be paltry.
Foreign exchange rate projection in next year’s budget (2016-17) will not pose any major challenge to the Central Bank of Iran to bridge the gulf between the official and market forex rates, a…
Iranian banks should get ready to play a more effective and efficient role in the economy in the coming months when the international sanctions are eased, Valiollah Seif,…
Bank Maskan (housing bank) has launched the Housing Premium Fund to provide homebuyers with additional loans of 400-600 million rials ($13,200-$19,900) based on the areas where they dwell.
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Bank Pasargad Iran rewarded all the participants of its 180-second film festival with its shares. According to BPI website, the winners received 40-60 million rials ($1,327-$1,991) as well as…
Most fruit juice and liquid concentrate factories in Iran were set up in the past three decades, making them one of the most advanced domestic production sectors with the highest international…
Data is the lifeline of the modern economy.
The movers and shakers of business base their decisions on transparent and reliable data. Tech startups are analyzing mounds of information to…
High transportation costs in Iran weigh heavily on exporters, said deputy minister of industries, mining and trade at the First Export Transportation Conference held in Tehran on Sunday.
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Tehran Stock Exchange’s overall index TEDPIX crawled up 10.10 points or 0.02% to end Sunday trade at 61,710.2.
More than 615 million shares valued at $31.6 million were transacted to record…
Over 1.33 trillion rials ($36.3 million at market exchange rate) of interest will be paid on all debt securities in circulation at Tehran Stock Exchange and Iran Fara Bourse in Dey (Iranian month…
Most Iranians consume tea with sugar cube daily and this offers a golden opportunity to investors seeking new lucrative fields.
In the past, households bought conical loaves, from which…
The Organization of Rural Cooperatives of Iran has rejected claims that it buried dates in excess of market demand.
Hossein Safaie, the organization’s managing director, declared that “not…
More than 89,000 tons of copper concentrates were produced by the subsidiaries of National Iranian Copper Industries Company.
Production by Sarcheshmeh Copper Complex, Sungun Copper Mine…
Under legislation officially enacted last week, Iran Civil Aviation Organization decided to deregulate air ticket fares on 170 domestic routes (66% of all routes), while tickets for 87 routes will…
Iran Mercantile Exchange’s industrial and mining trading board witnessed the supply of 50,220 tons of I-beams by Isfahan Steel Company on Saturday. About 49,300 tons of bitumen, 8,910 tons of…
Data released by the Central Bank of Iran show that the banking sector has issued 368 million cards (including debit, credit and gift cards) in the period from November 2004 up until October 2015…
Implementation of the nuclear deal with the six world powers, known as the Joint Comprehensive Plan of Action, offers a golden opportunity for lifting the economy from the crippling morass,…
Iran is facing a mountain of government debt estimated at 5,400 trillion rials ($179.2 billion), according to the Economy Minister Ali Tayyebnia. The figure is almost six times the accessible…
The government should move toward supporting small and medium-sized enterprises in order to improve the manufacturing sector, said Rahim Zare the speaker of the Parliament’s Economic Commission.…
The Export Guarantee Fund of Iran has increased its capital to insure exporting ventures up to $5 billion, an official said Friday. Vahid Rezaei added that the fund plans to double its coverage of…
