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.
July 21, 2023 18:51
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May 14,2018Iran's largest state-owned mining holding and a consortium of steelmakers signed an agreement on Sunday to invest $1 billion in setting up an integrated steel production chain in Kurdestan Province... -
May 14,2018Feasibility studies are underway to double-track the North Railroads Network, stretching from the city of Garmsar in Semnan Province in central Iran to Galougah in the northern Mazandaran Province...
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May 14,2018Tehran Prosecutor Abbas Jafari Dolatabadi said the judiciary has arrested 180 people on charges of...
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May 14,2018After the unification of the US dollar’s exchange rate, the payment industry has yet to receive hard currency at the rate of 42,000 rials for importing equipment and hardware. The CEO of Beh...
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May 14,2018Tehran Stock Exchange’s main index gained 537.65 points or 0.57% on Monday compared to the day before to end trade at 94,703.5. About 795 million shares valued at $39.96 million changed hands at...
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May 13,2018Iran traded $756.65 million worth of non-oil goods with Belgium in the last Iranian year (ended March 20, 2018), which is 53.5% more compared to the year before, making the European country Iran’s...
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May 13,2018Some 75% of the Iranian chewing gum market is dominated by foreign brands, most of which have been smuggled into the country while only 25% of the market is supplied by domestic brands, the...
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May 13,2018Bank Melli Iran, the nation’s biggest state-owned lender, has called on Iran and Turkey’s businesspeople to tap into special letters of credit facilities offered as part of the nations’ currency...
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May 13,2018Tehran Stock Exchange’s main index gained 274.54 points or 0.29% on Sunday compared to the day before to end trade at 94,165.6. About 704 million shares valued at $34.15 million changed hands at...
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May 13,2018Minister of Economic and Finance Affairs Masoud Karbasian called for increasing banking cooperation with Bulgaria, proposing that the EU member state open bank branches in Iran for facilitating...
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May 13,2018The number of people, mostly first-time homebuyers who have registered to receive government facilities for boosting their purchasing power in the housing market, is drawing closer to half a...
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May 13,2018The market capitalization of companies listed on Tehran's two stock exchanges has dropped by about 33% in US dollar terms in the past 14 months due to the rial's sharp devaluation against the US...
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May 13,2018Iran’s largest flat steel producer Mobarakeh Steel Company ended the first month of the current fiscal year (started March 21), with double-digit upticks in production and sales value while sales...
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May 13,2018The Central Bank of Iran has notified rules concerning interest paid to state bodies on their bank deposits. According to the IBENA report on Sunday, most state entities cannot receive any...
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May 13,2018The Central Bank of Iran has updated rules concerning the forex ceiling for travelers when entering or exiting the country. According to a directive published on CBI’s website, travelers who...
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May 12,2018The London Metal Exchange is maintaining the status quo on its treatment of Iranian aluminum brand...
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May 12,2018Iran traded $992.34 million worth of non-oil goods with Singapore during the last Iranian year (ended March 20, 2018) which is 36.59% more compared to the year before, making the Southeast Asian...
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May 12,2018One of Iran’s top bankers has renewed the beleaguered banking system’s call for service fees to emerge as the main source of income instead of interests. “Bank Melli Iran has started charging...
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May 12,2018The Central Bank of Iran has allowed lenders to purchase the hard currency held by foreign tourists, transit drivers, foreign diplomatic missions based in Iran and representative offices of foreign...
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May 12,2018Major Iranian steelmakers exported 420,944 tons of semi-finished and finished steel products during the first month of the current fiscal year (March 21-April 20) to register a 6% growth year-on-...
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May 12,2018Tehran Stock Exchange’s main index gained 199.94 points or 0.21% on Saturday compared to the day before to end trade at 93,891.12. About 1.05 billion shares valued at $51.4 million changed hands...
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May 12,2018The Central Bank of Iran has released its latest report on the index of housing rent across the country for the fourth quarter of the previous fiscal year (ended March 20, 2018), which shows an...
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May 12,2018Iran’s banking sector has rebounded in the absence of sanctions lifted under the 2015 nuclear deal and will continue to rebuild its foreign correspondent relations despite the recent US withdrawal...
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May 11,2018Iran’s banking relations with the international community, excluding the US, will continue as usual following the United States’ May 8 withdrawal from the Joint Comprehensive Plan of Action (the...
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May 11,2018US President Donald Trump on Tuesday pulled out from the Iran nuclear deal negotiated under his...
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