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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February 27,2018As lackluster banking relations have hampered Iran’s economic prospects despite the lifting of sanctions after the implementation of the 2016 nuclear deal, it looks like the country’s ties with... -
February 27,2018Iran Mercantile Exchange plans to start trading in domestically produced iron ore pellet and...
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February 27,2018Tehran Stock Exchange’s main index gained a feeble 2.34 points to end Monday trade at 98,100.8, indicating a 0.002% uptick compared to Monday. About 958 million shares valued at $43.28 million...
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February 26,2018Three main reasons were behind the recent gold coin rally, the head of National Gold and Jewelry Union said. Mohammad Keshtiaray also told IBENA that the surge in foreign exchange rates, the end of...
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February 26,2018Iran's economy is bedeviled by a series of major issues arising from decades of mismanagement that has made the banking system bear the brunt as the country's predominant financer, although efforts...
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February 26,2018Iran’s largest flat steel producer Mobarakeh Steel Company ended the 11 month of the current fiscal year (Feb. 19) with robust growth in sales value and double-digit upticks in production and sales...
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February 26,2018Tehran Stock Exchange’s main index gained 18.31 points or 0.02% to end Monday trade at 98,098.5. About 978 million shares valued at $74.40 million changed hands at TSE for the day. Trading at TSE...
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February 26,2018The Financial Action Task Force finally issued a public statement about Iran on Friday, ending months-long speculations about the fate of a country it has kept on it blacklist for almost a decade...
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February 26,2018Cooperation between the insurance industry and capital market could help control the volume of liquidity, whose rise has triggered concerns in recent years, the head of the Central Insurance of...
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February 26,2018A 45.31% stake in Ahwaz Rolling and Pipe Mills Company offered by the Iranian Privatization Organization on Sunday failed to attract any buyers. The organization put up over 1.7 billion shares...
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February 26,2018Irrigation efficiency in Iran has increased from 35% 10 years ago to 45% presently, the head of Soil and Water Research Institute affiliated with the Ministry of Agriculture said. Kambiz Bazargan...
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February 25,2018Iran National Steel Industrial Group’s workers will receive their delayed payments by the end of the current fiscal year (March 20), Majlis representative of Khuzestan Province’s Ahvaz City, Ali...
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February 25,2018In a sample of 25-odd developing countries that make up acronyms like Next-11, MINT, BRICS, ASEAN, BIMSTEC and CIVETS, Iran at 38% had one of the highest savings rate in 2016. It had prominent...
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February 25,2018Tehran Stock Exchange’s main index shed 96.63 points or 0.1% to end Sunday trade at 98,080.3. About 884 million shares valued at $129 million changed hands at TSE for the day. Trading at TSE and...
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February 25,2018The total number of housing deals in Tehran reached 18,400 during the 11th Iranian month to Feb. 19, registering a 17.7% increase compared with the same month of last year, the Central Bank of Iran...
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February 25,2018Iran exported close to €10 million worth of commodities to Denmark in 2017, indicating a 37.7% rise compared with the previous year. Imports of Iran from the European country last year amounted to...
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February 25,2018Iranian steelmakers exported 6.55 million tons of steel during the first 10 months of the current fiscal year (March 21, 2017-Jan. 20), posting a 48% year-on-year growth, according to the Iranian...
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February 25,2018Although the price of cinema tickets in Iran is among the cheapest in the world, the number of Iranian movie-goers is small compared to many neighboring countries, let alone famous movie-producing...
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February 25,2018The Iran Chamber of Commerce, Industries, Mines and Agriculture has announced its readiness to steer Iran Insurers Syndicate to increase the share of private businesses in an industry suffering...
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February 25,2018Following the Financial Action Task Force’s latest decision, Iran’s Ministry of Economic Affairs and Finance issued a statement declaring that while it expected better results, the country will...
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February 25,2018Trade value at Iran Mercantile Exchange hit 1.03 quadrillion rials ($23 billion) during the first 11 months of the current fiscal year (March 21-Feb. 19), marking a 39% year-on-year growth and...
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February 24,2018Iran’s exports to Thailand and Indonesia, crude oil excluded, registered the highest growth compared to other export destinations during the first 10 months of the current fiscal year (March 21,...
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February 24,2018Iranian export billet prices went up by $5-15 per ton on an FOB basis in the week that ended Feb. 21 with higher offers being accepted by customers. Metal Bulletin’s weekly price assessment for...
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February 24,2018Months after a meeting between Iran’s Leader Ayatollah Seyyed Ali Khamenei and Russian President Vladimir Putin in Tehran spurred officials and lawmakers to sideline the US dollar in Iran’s...
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February 24,2018Rial continued its gain against the US dollar in Tehran's foreign exchange market, as the Central Bank of Iran pushed through with its rescue package to stabilize the currency that had lost a...
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