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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March 03,2018In recent years, the financial industry has seen fast-growing adoption of financial technology, or fintech. Considerable investment flows are expected to be placed into the sector, which has... -
March 03,2018The controversial and pending case of illegal credit institutions in Iran has seemingly prompted the administration to make a U-turn regarding its previous scheme to rate certified financial...
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March 03,2018Director of Resistance Economy Commission of the parliament has called on President Hassan Rouhani to increase the ceiling of loans for purchasing and renovating rural homes to 300 million rials ($...
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March 02,2018President Hassan Rouhani inaugurated Iran’s first hot briquetted iron production plant in the southern province of Hormozgan late Wednesday. Hot briquetted iron is a relatively new product,...
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March 02,2018When there’s not much to look forward to in the equity market, investors get spooked by the slightest hint of negative news and shuttle their money to other markets. The Central Bank of Iran’s...
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March 02,2018The new directive, which bans the use of the US dollar in import order registrations by Iranian traders, serves the double purpose of sidelining the US dollar and curbing the volatility that...
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March 02,2018The Central Bank of Iran announced on Friday that all certified currency-trading offices not affiliated with any bank will also be connected to its newly-established Forex Deals Integrated System,...
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March 02,2018Iranian steel mills produced 1.98 million tons of steel in the first month of 2018, up 25.9% compared to last year’s similar period, according to the latest report released by World Steel...
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March 02,2018Iranian President Hassan Rouhani and Indian Prime Minister Narendra Modi signed nine bilateral...
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March 02,2018Fluctuations in the currency market had caused a price hike in Iran's already beleaguered housing sector, but even though foreign exchange rates have currently cooled down, they are expected to...
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March 02,2018Data from the Central Insurance of Iran indicate that the country’s insurance industry has been boosting its profits and reducing its loss ratio for the past 10 years when it comes to covering...
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February 28,2018The flawed urban development model adopted in Iran over the years has placed a majority of population in desert areas while nearly two-thirds of the world’s population—almost 3.6 billion people—...
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February 28,2018Tehran Stock Exchange’s main index lost 139.05 points or 0.14% to end Wednesday trade at 97,961.8. About 898 million shares valued at $74.43 million changed hands at TSE for the day. Trading at...
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February 28,2018The number and value of deals made in the interbank market has increased in the first 10 months of the current fiscal year to Jan. 20, the Central Bank of Iran announced. Based on the latest...
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February 28,2018Top representatives of Bank Melli Iran, the country’s biggest bank, and Spain’s Aresbank met on Tuesday to prepare the ground for expanding ties in the near future. “The requirements for...
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February 28,2018The first official cross-border retail market for local traders opened on the Siran Band-Baneh border in Iran’s western Kurdistan region with the aim of improving the livelihoods of border couriers...
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February 28,2018The chain reaction between the anticipated rise in deposit interest rates and the decline in prices of debt securities is in full swing, as highlighted by the issuance of the latest batch of...
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February 28,2018The Banker’s Top 500 Banking Brands for 2018–an annual report ranking the world’s most valuable banking brands–has been released, in which an Iranian bank holds the 166th spot on the influential...
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February 28,2018Based on a directive issued by the Ministry of Industries, Mining and Trade, the ministry-affiliated National Trade System announced that as of Wednesday, all traders are prohibited from...
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February 27,2018Iran Mercantile Exchange plans to start trading in domestically produced iron ore pellet and...
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February 27,2018Tehran Stock Exchange’s main index gained a feeble 2.34 points to end Monday trade at 98,100.8, indicating a 0.002% uptick compared to Monday. About 958 million shares valued at $43.28 million...
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February 27,2018Iran exported more than €113.65 million worth of commodities to Austria in 2017, indicating an 18.74% rise compared with the previous year. Imports of Iran from the European country amounted to...
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February 27,2018All illegal credit institutions will be fully organized and sorted out by the Central Bank of Iran and the parliament up to the first half of the next fiscal year in late September, the head of...
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February 27,2018A total of 302,511 gold coins were pre-purchased by applicants, according to Bank Melli, the lender in charge of implementing the Central Bank of Iran’s initiative to hold gold coin presale to...
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February 27,2018Qeshm Cement Company has readied a 40,000-ton batch of clinker for export to India, announced Hormoz Amiri, an official with Qeshm Free Zone Organization. “Qeshm Cement Company’s clinker shipment...
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