A significant increase in prices for imported hot rolled coils is observed in Iran amid the general upward trend in the global market.
Local customers, however, prefer to take a wait-and-…
Business And Markets
<p>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.</p>
Since summer 2016 and following the referendum to leave the European Union, the UK has suffered many losses.
The pound has not been as low as its current value for the last three decades.…
Tehran Stock Exchange’s main index gained 295.70 points or 0.38% to end Saturday trade at 78,387.2.
More than 820 million shares valued at $88.1 million changed hands for the day.
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Nothing is holding back the banking system from financing small and medium-sized enterprises and by the end of the current fiscal year in March 2017, all production units will have sufficient…
Informatics Services Corporation, a leading developer of banking and payment solutions in Iran, has launched a formal bid to seek partnership with top payment solution suppliers to develop a…
Middle East Bank was ranked as the top Iranian bank in terms of taking anti-money laundering measures in the fiscal year that ended in March.
Western insurers are slowly reaching deals with Iran as they seek to reenter a multi-billion dollar market although the pace of business is hampered by banking restrictions ten months on from the…
The First International Mineral Processing Activists Symposium (IMPAS 2016) is scheduled to be held in Tehran on October 25-26.
It’s been a busy month for Iran with a number of inroads being made into one of the world’s largest untapped markets.
Stocks gained small ground in the month of Mehr (ended October 21) on both stock exchanges in Tehran, as rising oil prices and US easing of sanctions helped shares rise.
The world’s largest container shipping company Maersk Line has resumed calls to Iran after a five-year hiatus and hopes that access to a new, rapidly growing market will help it through the…
Mobile Telecommunications Company of Iran (locally known as Hamrahe Aval) and Informatics Services Corporation–affiliated to the Central Bank of Iran–announced a partnership on Monday to…
The Central Bank of Iran in a statement has assured that its unpublished balance sheets will finally be made public soon adding that the delay in its release has nothing to do with the government'…
In order to diversify banks’ revenues and increase their non-interest revenue, the Central Bank of Iran has proceeded to increase bank charges, said the director of Central Bank of Iran’s…
The international Monetary Fund’s latest “Regional Outlook" for the Middle East and Central Asia projects the growth of Iran’s broad money at 12.5% and 10.2% in 2016 and 2017 respectively ,…
The door-to-door phase of the eighth round of the National Population and Housing Census began on Wednesday. This is while the online registration phase has also been extended until October 21 due…
Iranian steel mills produced 13.09 million tons of crude steel during the nine months of 2016, registering a 7% growth compared with last year’s corresponding period, according to a preliminary…
Luxembourg-based multinational steel manufacturing corporation ArcelorMittal plans to increase steel products shipments from its Kazakhstan mill to Iran by around 56% by 2020, Metal Bulletin—a…
Tehran Stock Exchange’s main index gained 242 points or 0.31% to end Wednesday trade at 78,091.5.
More than 1 billion shares valued at $60.8 million changed hands for the day.
Rayan…
As Iranian banks struggle to improve their capital adequacy ratio and conform to international standards, the deputy director of the Money and Capital Market Commission in Tehran Chamber of…
Foreign exchange rates are real in the market and are rising at a slow pace, says Valiollah Seif, governor of the central bank following the recent swings in the foreign exchange market.…
In a letter to President Hassan Rouhani, the governor of the Central Bank of Iran has formally asked for the government to repay its debt to the CBI. Valiollah Seif reportedly made the request in…
The third United Nations Conference on Housing and Sustainable Urban Development, known as Habitat III opened on Monday with more than 45,000 mayors, ministers, policymakers, and urban planners in…
Managing Director of Ports and Maritime Organization of Iran Mohammad Saeed-Nejad said the government earns $16-17 billion from marine industry every year. “Latest figures show the marine economy…
Esfahan Steel Company has launched its long-delayed rail manufacturing line, as many criticize the government for the import of rail tracks over perceived damage to the fledgling homegrown…
