The Iranian SHAPARAK payment and settlement network was selected as the best state-run electronic trade scheme at the general meeting of the Asia- Pacific Council for Trade Facilitation and…
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.
For Iranians it is pretty normal to see a difference in inflation rates declared by the Statistical Center of Iran and the one announced by Central Bank of Iran.
Tehran Stock Exchange’s main index TEDPIX inched up 17.00 points or 0.03% on Monday to settle at 61,518.5.
Close to 380 million shares valued at $62.6 million were transacted, filing a…
Isfahan Steel Company–Iran’s biggest producer of structural steel–produced 1.4 million tons of steel during eight months ending November 21. According to the report by Bourse Press, the steelmaker…
Sanctions relief is closer than ever and not surprisingly, Iranians are eagerly waiting for the economic climate to change for the better.
Pundits, however, take a pragmatic approach and…
Iran Mercantile Exchange’s industrial and mining trading board witnessed the supply of 30,000 tons of bloom ingots by Khuzestan Steel Company at the base price of $0.3 per kg on Monday.
Foreign exchange rates might drop in the short-run due to the psychological situation after the lifting of sanctions according to Mohammad Mehdi Raiszade, a banking advisor to the Iran Chamber of…
A government-affiliated think tank has urged the government to allocate more resources to revitalize the beleaguered housing market.
The Office for Housing Economy and Planning has…
Majlis will debate a plan to divide the supervisory and executive duties of the insurance industry’s regulator in the next five-year development plan, according to a lawmaker.
“The sixth…
Iran's banking relations with the outside world will be normal soon after the lifting of sanctions, Valiollah Seif, governor of the Central Bank of Iran said Sunday.
The Informatics Services Corporation on Sunday launched three new services for mobile-banking users. According to ISC’s website, payments through QR-code (Quick Response Code) and NFC (Near Field…
The exhibition titled “Russia-Iran Trade and Industrial Dialogue” opened at Tehran’s International Fairground today. The event, organized by the Ministry of Industries and Trade of Russia, will…
Ports and Maritime Organization has signed deals worth 37,000 billion rials ($1.23 billion at official exchange rate) with the private sector in the current Iranian year (started March 21).
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The government should allocate the bulk of its revenues in the next fiscal year (starting March 20, 2016) to improve the business environment and investment climate, says the head of Iran Chamber…
More than 20 million tons of cement are currently stored in warehouses due to sluggish demand, a member of Tehran Chamber of Commerce, Industries, Mining and Agriculture said.
Mohammad…
Iran Mercantile Exchange is ready to host iron ore supplied by local producers on the mining and industrial board, says IME’s managing director.
According to Hamed Soltaninejad, the…
The mining and industrial trading board at Iran Mercantile Exchange offered 1,500 tons of copper cathode at the base price of $4.7 per ton and 1,000 tons of copper wires at the base price of $5…
Tehran Stock Exchange’s main index plunged 232.50 points or 0.38% on Sunday to end at 61,501.5.
More than 570 million shares valued at over $43.7 million changed hands to record close to a…
Rial-dominated bonds are the basis for transactions in the soon-to-be launched foreign exchange derivatives market, the head of Securities and Exchange Organization, Muhammad Fetanat. He said in…
The minister of agricultural Jihad has criticized banks for not providing loans to farmers. Mahmoud Hojjati said banks were supposed to allocate 25% of their lending to agriculture, but they met…
President Hassan Rouhani sent the bill for Iran’s membership in Asian Infrastructure Investment Bank to the Majlis.
Parliament will review the government’s proposal for purchasing 15,808…
Iranian lenders have to upgrade their standards in order to be able to operate overseas in the post-sanctions era, said Ali Divandari, head of Monetary and Banking Research Institute. The research…
An independent central bank is instrumental to economic growth and stability, said Hussein Ghazavi, the newly-appointed deputy minister of economy for banking and insurance affairs. …
The Ministry of Roads and Urban Development says its housing loans will not contribute to the rate of inflation.
Deputy minister, Hamed Mazaherian, on Saturday elaborated on the government’…
Tehran Stock Exchange started the week in red as the main index TEDPIX lost 413.30 points or 0.67% to descend to 61,734.4.
Over 421 million shares valued at more than $35.9 million were…
