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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April 02,2018Iran’s steel industry needs about €22.1 billion ($27.4 billion) in new investment to achieve a target... -
March 15,2018Major Iranian steelmakers exported 6.56 million tons of semi-finished and finished steel products during the first 11 months of the current fiscal year (March 21-Feb. 19), registering a 39% growth...
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March 16,2018Close to 47 million tons of cargo have been transported via railroad in Iran since the beginning of the current Iranian year (March 21, 2017), which indicates a 17.5% increase compared with the...
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March 16,2018Iran exported more than 58.09 million tons of mineral products worth over $8.39 billion during the first 11 months of the current fiscal year (March 21-Feb. 19), down 3% in tonnage and up 6% in...
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March 18,2018The Statistical Center of Iran has released its assessment of Iran’s housing and construction sector, announcing that the sector has experienced another season of growth. The sector registered a 6...
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March 10,2018News about Iran striving to launch its own virtual currency garnered mixed reactions and raised a number of questions, namely about the potential uses of the currency and the government’s role. “...
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March 18,2018President Hassan Rouhani on Sunday outlined his administration’s vision of promoting economic prosperity in the next Iranian year (starting March 21), as well as goals set for the country in the...
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March 16,2018The agriculture sector grew by 1% during the first nine months of the current Iranian year (March 21-Dec. 21, 2017), experiencing the lowest growth over the past six years, based on the latest...
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March 18,2018Iran Khodro has sold a 50.2% stake worth 720 billion rials ($15 million) in Mashhad Wheel Manufacturing Company following a one-day delay in its offering. The sale, made up of 223.39 million shares...
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March 18,2018The government has decided to clear over 4.45 trillion rials ($92.7 million) worth of its debts to contractors and companies through a debt swap deal with Iranian Privatization Organization and...
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March 18,2018Executives with Banque Delubac and Cie, an independent French lender, on Sunday met with representatives of Tehran Chamber of Commerce, Industries, Mines and Agriculture to discuss ways of...
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March 18,2018The Association of Banks and Private Institutions has released a statement, assuring the public that banks and credit institutions are well-regulated by the Central Bank of Iran. The body...
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March 18,2018The Economy Ministry sold 2 trillion rials ($41.6 million) of Islamic bonds on Iran Fara Bourse on Sunday to finance the establishment of a railroad connecting three major cities. The bonds’...
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March 18,2018Tehran Stock Exchange’s main index gained 242.33 points or 0.25% to end Sunday trade at 95,819.6. About 940 million shares valued at $51.98 million changed hands at TSE for the day. Trading at...
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March 18,2018The Central Bank of Iran has disclosed the latest statistics on the number and value of bank checks, which indicate a monthly rise and yearly decrease in the number and value of bounced checks....
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March 17,2018Some 24 million passengers have been transported via rail in Iran since the beginning of the current fiscal year on March 21, 2017, registering a 6.5% increase compared with the similar period of...
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March 17,2018The second batch of the new Islamic debt security Manfa’ah sukuk valued at 20 trillion rials ($416.6 million) was offered on over-the-counter exchange Iran Fara Bourse on Saturday. The 42-month...
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March 17,2018Iran’s Deputy Foreign Minister Abbas Araqchi addressed various aspects of benefits resulting from the country’s nuclear deal with world powers. While conceding that Iran has yet to reap many of...
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March 17,2018Tehran Stock Exchange’s main index gained 51.44 points or 0.05% to end Saturday trade at 95,577.3. About 1.35 billion shares valued at $60.39 million changed hands at TSE for the day. Trading at...
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March 17,2018The latest update of regulations concerning foreign currency deposits in banks has been released by the Central Bank of Iran, according to which banks are required to return the original amount of...
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March 17,2018The Ministry of Industries, Mining and Trade issued 937 permits for mineral exploration during the 10 months to Jan. 20, registering a 53% rise compared with last year’s corresponding period. Iran...
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March 17,2018Iranian steelmakers exported 7.41 million tons of their products in the first 11 months of the current fiscal year (March 21-Feb. 19), registering a 52.2% year-on-year growth, the Iranian Steel...
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March 17,2018Iran’s largest steel exporter Khouzestan Steel Company has successfully bought majority shares in a major mineral holding, moving toward self-sufficiency in the steel production chain. It has...
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March 17,2018Telegram has announced that Iranian citizens will not be allowed to take part in Telegram Open Network initial coin offerings and will be prohibited from buying Gram cryptocurrency by the official...
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March 17,2018A host of high-level officials of the Central Bank of Iran on Saturday met with a delegation from Oman led by its foreign minister to discuss ways of improving banking relations and linking the...
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