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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February 24,2018Months after a meeting between Iran’s Leader Ayatollah Seyyed Ali Khamenei and Russian President Vladimir Putin in Tehran spurred officials and lawmakers to sideline the US dollar in Iran’s... -
February 24,2018Rial continued its gain against the US dollar in Tehran's foreign exchange market, as the Central Bank of Iran pushed through with its rescue package to stabilize the currency that had lost a...
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February 24,2018Iran is working to curb its trade ties with the UAE, replacing its traditional hub for trade activities, Dubai, with Doha in Qatar and Muscat in Oman. The measure has been pursued for a long time...
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February 24,2018Iran’s coated steel strip output reached a record 1.26 million tons in the first 10 months of the Iranian year to Jan. 20, up 42% from the same period of a year earlier, a recent report published...
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February 24,2018Despite the fact that gold coin auctions organized by the Central Bank of Iran through Bank Melli’s Bank Kargoshaee were halted on Saturday, the regulator’s director of Office for Banknote Issuance...
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February 23,2018Hurdles on the way of banking relations between Iran and China are still in place and affecting exports, the deputy director of Iranian Oil, Gas and Petrochemical Products Exporters Union said. "...
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February 23,2018The Iranian government is increasingly paying more attention to expansion of new financial instruments, mainly through supporting fintechs and developing electronic banking. Minister of Economic...
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February 23,2018A total of 533 permits were issued for mineral exploitation during the nine months to Dec. 21, 2017, creating 4,302 jobs, 76.6% more compared with last year’s corresponding period, the Ministry of...
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February 23,2018The US effort to put Iran in a financial bind meant European banks were paying big fines and closing off its money flows amid severe sanctions on the country’s banking and energy sectors. But as US...
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February 23,2018Knowledge-based firms received about 24.4 trillion rials ($540 million) in loans from banks and credit institutions in the first nine months of the current fiscal year to Dec. 21, the Central Bank...
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February 23,2018The Financial Action Task Force has recognized measures taken by Iran to address its deficiencies and decided to renew the suspension of countermeasures until its next meeting in a move seen by...
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February 23,2018Stocks don’t have much going for them these days. The combined threats of rising interest rates, weakening growth in global commodity prices and lingering political risks have dented investors’...
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February 23,2018British mining and mineral processing technology company Alexander has executed a commercial and technical partnership agreement with Turkish specialist mineral processing consulting company Proses...
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February 23,2018The Financial Action Task Force has recognized measures taken by Iran in line with addressing its deficiencies and has decided to continue the suspension of active countermeasures until its next...
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February 21,2018Stocks had a rollercoaster ride in the Iranian month that ended Feb. 19. Tehran Stock Exchange’s main index lost 669 points or 0.7% during the month to end at 98,148.5. TEDPIX reached its all-time...
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February 21,2018Banks and credit institutions doled out more than 4.62 quadrillion rials ($102.66 billion) in loans to various sectors of the economy during the first 10 months of the current fiscal year to Jan....
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February 21,2018Tehran Stock Exchange’s main index gained 8.80 points or 0.01% to end Wednesday trade at 98,157.3. About 1.01 billion shares valued at $62.07 million changed hands at TSE for the day. Trading at...
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February 21,2018In continuation of the initiative to transfer the bank accounts of state-owned enterprises to the Central Bank of Iran with the aim of boosting transparency, income accounts in provinces other than...
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February 21,2018Governor of the Central Bank of Iran said on Wednesday anti-money laundering rules such as know your customer (KYC) controls are being implemented in the foreign exchange market and the recent...
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February 21,2018The Fifth International Maritime Exhibition of the Islamic Republic of Iran, also known as ‘Iran Sea Expo 2018’, is scheduled to open in Bandar Abbas, located in Iran’s southern Hormozgan Province...
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February 21,2018Iran’s toy market is dominated by imports, both legal and illegal, as the domestic toy industry is struggling to catch up. Locally-produced toys currently make up 20% of the market, Chairman of...
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February 21,2018The presale of Bahar Azadi gold coins priced at 14 million rials ($311) and 13 million rials ($288) respectively with maturity periods of six months and one year began on Saturday at Bank Melli...
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February 21,2018Months after the idea was first publicized, it seems that Iran is now inching closer to tapping into the potentials of blockchain technology to operate its own virtual currency. On Wednesday,...
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February 21,2018The First International Exhibition Industry Conference and Expo opened at Tehran’s International Fairground on Tuesday, the official website of the event, Ieie-ex.ir, reported. Participants have...
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February 20,2018The number and value of bounced checks from all checks has continued to decrease for another month, the Central Bank of Iran announced. Based on the latest statistics published by the regulator on...
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