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 28,2018Cigarette imports fell to zero over the first two months of the current Iranian year (March 21-May 21) compared with the import of 503 million cigarettes year-on-year, Ali Asghar Ramzi, the head of... -
May 28,2018Negotiations are underway with Latin American nations to expand the operations of a joint bank with Venezuela to cover the whole Latin America, a banking official said. “The final decision to...
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May 28,2018Tehran Stock Exchange’s main index lost 96.39 points or 0.1% on Monday to end trading at 95,529.6. About 774 million shares valued at $48.77 million changed hands at TSE for the day. Trading at...
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May 28,2018Thousands of truck drivers were expected to end their strike and return to work on Monday, following a deal made between the representatives of Truckers Guild Association and government officials...
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May 28,2018The Central Bank of Iran was until now considered the only entity in charge of devising regulations for fintech companies, but President Hassan Rouhani’s Cabinet on May 23 announced its own...
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May 28,2018When US President Donald Trump announced the reimposition of strongest sanctions against Iran on May 8, he also cast doubt over the survival of the country’s reinsurance deals with European...
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May 28,2018Six newly-purchased Airbus air ambulances (BK 117-C2), all purchased after the lifting of nuclear-related sanctions, officially joined Iran’s Emergency Medical Services’ fleet, marking the...
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May 27,2018Increased lead exports in the first month of the current fiscal year (started March 21) over fluctuations in foreign currency market were a boon to producers but caused a shortage for local...
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May 27,2018A number of truckers across the country have taken industrial action over the past week. Minister of Roads and Urban Development Abbas Akhoundi had a five-hour long meeting with the...
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May 27,2018Majlis Research Center, the parliamentary think tank, has released its first comprehensive report on the current foreign exchange market situation and the reasons it was gripped by wild gyrations...
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May 27,2018The Central Bank of Iran has decided to set up investment banks for meeting the funding requirements of the ailing production sector, the spokesperson of Majlis Presiding Board said.
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May 27,2018Iran’s non-oil foreign trade during the two months of the current fiscal year (started March 21) stood at $14.53 billion, indicating an 11% rise compared with last year’s corresponding period....
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May 27,2018Tehran Stock Exchange’s main index lost 167.99 points or 0.18% on Sunday to end trading at 95,626. About 1.73 billion shares valued at $55.10 million changed hands at TSE for the day. Trading at...
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May 27,2018The private Ayandeh Bank has continued its string of success and was recognized by Euromoney as Iran’s bank of the year in 2018. The lender received the award in a ceremony held earlier in May....
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May 27,2018Following a very weak performance during the first month of the current Iranian year, Tehran's real-estate market has registered a healthy growth in the number of residential deals during the...
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May 27,2018The prices of foreign garments in the Iranian market have increased by 10-15% since the beginning of the current fiscal year on March 21, Majid Nami, a member of Iran Textile Exporters and...
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May 26,2018The Central Bank of Iran has increased the US dollar's exchange rate for the fourth time since it unified the rate on April 9. The move is a further sign that CBI is delivering on its promise of...
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May 26,2018Iranian banks and credit institutions held a total of about 1.3 quadrillion rials ($30.87 billion) in non-performing loans by the end of the previous fiscal year on March 20, 2018, according to the...
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May 26,2018Life Trade Promotion Company signed an agreement with Sistan-Baluchestan Ports and Maritime Organization on Wednesday to establish Iran’s first fully mechanized mineral export terminal in Chabahar’...
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May 26,2018Iranian steel mills produced 8.12 million tons of crude steel during the first four months of 2018, up 27.6% compared with last year’s similar period, according to the latest report released by the...
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May 26,2018Iran’s banking sector witnessed a drop in the volume but a rise in the total value of checks that bounced in the closing month of the last fiscal year (ended March 20, 2018), according to the...
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May 26,2018The average Producer Price Index in the year ending March 20, 2018, increased by 12.9% compared with the same period of last year, the Statistical Center of Iran reported. The overall PPI (using...
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May 26,2018Iran traded $364.34 million worth of non-oil goods with Austria in the last Iranian year (ended March 20, 2018), registering an increase of 19.2% compared with the year before. This made the...
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May 26,2018Tehran Stock Exchange’s main index gained 349.0 points or 0.37% on Saturday to end trading at 95,794. About 2.02 billion shares valued at $94.60 million changed hands at TSE for the day. Trading...
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May 25,2018Iranian export steel billet prices picked up in the week ended May 23 because of the limited...
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