Tehran Stock Exchange’s main index lost 99.10 points or 0.16% to close Sunday trade at 62,310.7. More than 334 million shares valued at more than $16.09 million changed hands.
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A bank for supporting small businesses has been envisioned in the next five-year plan (2016-21), making it the first of its kind at the level of micro-finance in the country.
Excessive housing construction has locked billions of dollars that could be better used in other industries, an advisor to the minister of roads and urban development said.
A University of Tehran economist says because government moves, both in the past and those anticipated for the future, to prop up the sagging real estate market have so far failed to deliver…
The US dollar will certainly become dearer because of the country’s declining oil revenues and the growing liquidity trend, according to Mohammad Gholi Yusefi, a Tehran-based economist. He said…
To invest in the Iranian construction market, Exim Bank of Korea plans to sign loan agreements with the Central Bank of Iran and other commercial banks, and push for Korean firms’ penetration into…
Export Development Bank of Iran is ready to start joint investments with Asian Exim Banks Forum, the bank’s director said. Speaking at the forum’s meeting in Japan, Ali Salehabadi said that…
A seminar dubbed “Strategies for attracting foreign investments and introducing regulations” was hosted by the Iranian Mines and Mining Industries Development and Renovation Organization at its…
The exploration of the second iodine-rich zone in Golestan has concluded with the discovery of 1,288 tons of proven reserves, announced the head of the northern province’s Industries, Mining and…
The lifting of sanctions will take at least three to five years to have a positive impact on Iran’s mining sector growth.
The most immediate impact will be a rise in the country’s steel…
The upcoming year will likely be pivotal for Iran, as it slowly reenters the international economy.
Having reached an agreement on its nuclear program in July 2015 with the P5+1 states (the…
The Second International Exhibition on Investment Opportunities in Mining, Cement, Metallurgy and Related Industries is scheduled to be held on January 26, 2016, on the southern Kish Island.
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Iran Mercantile Exchange’s industrial and mining trading board witnessed the supply of 80,000 tons of steel blooms by Khuzestan Steel Company and 50,000 tons of C slabs on Tuesday. Iran Aluminum…
The Iranian government should increase its transparency to manage public expectations about Iran’s transition to the post-sanctions era, as overoptimism can damage the economy by creating bubbles…
The government has announced new measures to revive the tobacco industry that has long grappled with problems ranging from smuggling to monopoly, which have prevented competition and quality…
The Majlis Research Center has called on the government to take early action to strengthen the national currency and restore long-term stability in to the foreign exchange market.
It…
The Central Bank of Iran will send a bill to Parliament proposing an increase in the percentage of shares foreign investors and banks can hold in joint banks founded with their Iranian…
The minister of industries, mines and trade said Tuesday that Iran is ready to forge close relations with Finland including enhancing banking ties with the Scandinavian nation.
"Developing…
The Italian firm Italconsult, is willing to invest in setting up a private bank in the Chabahar FreeTrade Zone, the managing director of Chabahar Free Trade and Industrial Zone, Hamed Ali Mobaraki…
The Central Bank of Iran should strive to bring the exchange rate of the USD in the market close to 30,000 rials in order to foster economic stability, chairman of Iran-Iraq Chamber of Commerce…
Installment sale of new housing units is estimated to cost around 30-35 million rials ($996-$1,163 at the official exchange rate) per month for buyers, the head of Property Developers’ Association…
The Money and Credit Council – the highest monetary policymaker - is set to review interest rates today, a member of the council said.
Tehran is determined to revive banking ties with Sweden in the post-sanctions era, the governor of the Central Bank of Iran, Valiollah Seif said on Sunday. Pointing to the two countries' close…
Head of the ‘Iran Economy House’ has criticized the Central Bank of Iran for failing to meet its oversight duties, which he said had opened the way for the misconduct and malfunction of banks.…
Tehran Stock Exchange’s main index, TEDPIX, lost 45.40 points or 0.07% to settle Monday trade at 62,374.8.
More than 418 million shares changed hands in 25,000 transactions valued at over $…
