Iran can use its experience and expertise in the mining sector to beat its two main rivals in the region, India and China, in exploiting Afghanistan’s untapped mineral reserves, says deputy head…
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.
Iran is the hottest emerging market in waiting. It possesses the most expansive industrial base within the region, including one of the biggest auto-manufacturing industries.
Tehran Stock Exchange ended a volatile trading day on Monday barely in green, as TEDPIX crawled up 10.50 points or 0.02% at the day’s close to settle at 62,803.3.
The 'Social Housing' plan is in the final stages of approval as negotiations with banks for loans and provision of government subsidies are being concluded, Hamed Mazaherian, deputy minister of…
The minister of roads and urban development has proposed raising the value of ‘Jualah’ contracts from 100 million rials ($3,340 at the official exchange rate) to 200 million rials ($6,670), to…
A high court in the UK has rejected the British government's attempts to dismiss Bank Mellat's $4 billion damage claim against the UK Treasury for imposing "irrational" sanctions on the private…
The much-publicized economic incentive package unveiled by the government last week relies heavily on the banking industry, a banking official complained on Sunday.
The Organization of Islamic Cooperation’s report on the financial outlook of its member states shows that Iranian banks accounted for 40% of the global Islamic banking assets in 2014. The OIC’…
More than 21,460 tons of various petrochemical products were offered in Iran Mercantile Exchange on Sunday.
The agricultural trading board witnessed the offering of 200 tons of rice from…
Tehran Stock Exchange ended Sunday’s trade in red, as TEDPIX nosedived 382.20 points or 0.60% at the day’s close to settle at 62,792.8.
Tehran Stock Exchange and Korea Exchange (KRX) have signed a memorandum of understanding for cooperation.
China and India remain interested in developing Iran’s Chabahar Port, regarding it as a project with huge potential to encourage the regional shipping industry.
Chabahar Port’s development…
Iran’s aluminum industry is going through a tough time, as limited reserves cannot meet the growing domestic demand and it is on the hunt for alternative sources of raw materials.
Iron ore prices in Iran have recently jumped to $52.5 per ton after the Association of Producers and Exporters of Iron Ore handed over the pricing of this commodity to the Metal Bulletin, a…
As debate on the newly-unveiled incentive package by the administration continues, a banking analyst has warned about the possible economic instability as the reserve requirement rate of banks is…
In its latest meeting on Tuesday, the Money and Credit Council disregarded mounting pressure for further interest rate cuts from government officials.
Ending the long recession is the talk of the town and has been making news headlines ever since the government unveiled its much-hyped quantitative easing program last weekend. In the…
The International Monetary Fund (IMF) says the recent agreement to remove most economic sanctions on Iran will be positive news for the global economy.
Bank Maskan has given a total of 250,000 loans worth 60 trillion rials ($ 2 billion) in the first nine months of the fiscal year that started on March 21, the bank’s CEO Mohammad Hashem Botshekan…
A delegation from Iran will visit Moscow before November 12 to set up a joint bank with Russia, Russia’s Energy Minister Alexander Novak said in an interview aired by the Rossiya-24 TV news…
Asphalt market is in a favorable condition, thanks to municipalities’ year-round projects to renovate and maintain streets and highways, says an asphalt producer and contractor.
Ahmad…
Oil-rich countries are concerned that lifting of sanctions on Iran’s oil industry and the return of Iranian crude to international markets would result in a further decline in oil revenues.
The implementation of the nuclear deal reached between Tehran and world powers will pave the way for the copper sector to see an increase in foreign direct investment, says head of Iran Mines and…
The Iranian government would like to attract foreign partners and import new technologies and standards in several sectors, an international business development manager said.
Tehran Stock Exchange’s overall index gained 1,598 points or 2.60% to settle at 63,175 during the Iranian month that ended on October 21.
The First Market Index and the Second Market Index…
