Mouteh Gold Mine produced 117 kilograms of gold ingots during the first five months of the current Iranian year (March 20-August 21), indicating an 18% increase compared with last year’s…
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>
Foreign investments in domestic securities market have increased 140% since the implementation of the nuclear deal to stand at 11,700 billion rials (about $329 million at market exchange rates…
Iran Mercantile Exchange recently published a report on the commodity exchange’s metals and minerals trade in 2015, outlining the causes of retreating prices and shrinking trade compared to the…
Tehran Stock Exchange’s main index shed 101.90 points or 0.13% to end Saturday trade at 76,640.3.
More than 520 million shares valued at $31.3 million changed hands for the day.
Irka…
While the authorities in the US and EU continue to drag their feet on sanctions and hamper cooperation with Iran, Russian banks are keen to fill the gap in the opening Iranian market, according to…
The head of Khatam-al-Anbiya Construction Headquarters, an engineering company affiliated to the Islamic Revolutionary Guard Corps, commended Bank Sepah and Bank Mellat for supporting the country’…
France is willing to use its influence to pressure the United States into easing financial restrictions over Iran and wants to share its experience with the country regarding the implementation of…
Central Bank of Iran Governor, Valiollah Seif, will travel to Germany in November, to discuss reestablishment of banking relations with the European power. Seif is also a speaker at the Third…
Tehran Stock Exchange fell for the fourth week in a row, as bearish sentiment persisted in equity markets.
Benchmark TEDPIX shed half a percent for the week to 76,742.2 points by Wednesday’…
Charges levied by toll roads have increased by 14.6% on average this fiscal year (March 2016-17), according to Mehdi Heydari, an official with the Ministry of Roads and Urban Development. “Qom-…
The administration of President Hassan Rouhani successfully controlled the damage of the prior government’s populist policies, says Presidential Advisor Masoud Nili.
The incumbent…
There is abundant potential for Iran and Afghanistan to boost trade, according to the head of International Affairs Office at Afghan Chamber of Commerce.
“Bilateral trade can increase from…
The amount of deposits held by Iran Deposit Guarantee Fund (IDGF) has multiplied and a new ceiling has been devised for the guarantee of deposits, announced the fund’s executive deputy.
“…
Money and Credit Council decided at its Tuesday meeting to lower the minimum capital requirement to establish a bank in free trade zones from the previous €150 million to €100 million.
…Iran is working to dispel irrational fears about engagement with its banking system, which have withheld major foreign banks from doing business with Iran. Director of Foreign Ministry's…
Shahr Bank has installed a foreign currency exchange automated teller machine in Mashhad’s Hasheminejad International Airport. The machine is developed by Pouya Company that specializes in banking…
Cooperatives will receive a fourth of the total 160 trillion rials ($5.1 billion at market exchange rate) planned for financing small- and medium-sized enterprises, said the interim CEO of…
Since the beginning of the harvest season four months ago, close to 116,000 tons of fresh tea leaves worth over 200 billion rials (nearly $56.9 million) have been purchased from local farmers by…
The privatization process accelerated after President Hassan Rouhani took office, Securities and Exchange News Agency (SENA) reported on Tuesday. Nearly 392 trillion rials of government property…
The pharmaceutical industry is one of the promising sectors of the Iranian economy post-sanctions.
Iranian banks now own 1,343 foreclosed industrial units, essentially turning them into corporate holdings, IRNA reported.
According to Kamal Al-din Pir-Mo’azzen, a member of Iran Small…
Tehran Stock Exchange’s main index gained 72.60 points or 0.09% to end Wednesday trade at 76,742.2.
More than 1 billion shares valued at $53.3 million changed hands for the day.
Iran…
Iran will provide its citizens with specialized life insurance policies, announced the president of Central Insurance of Iran.”The first specialized life insurance will be offered soon,”…
The High Council on Anti-Money Laundering on Tuesday issued a statement in defense of collaboration with the Financial Action Task Force –an international initiative to combat money laundering and…
Bank of Industry and Mine is negotiating a $3 billion credit line with a consortium of six European banks, said the bank’s CEO Ali Ashraf Afkhami on Tuesday.
“The credit line will be used…
