Tehran Stock Exchange’s main index gained 13 points or 0.02% to end Tuesday trade at 77,358.6.
More than 1 billion shares valued at $51.2 million changed hands for the day.
Iran…
<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>
Tehran Stock Exchange’s main index gained 13 points or 0.02% to end Tuesday trade at 77,358.6.
More than 1 billion shares valued at $51.2 million changed hands for the day.
Iran…
Lebanese Minister of Industry Hussein El Hage Hassan surveyed potential fields of cooperation in a visit to Tehran. He arrived in the capital on Sunday, heading a 70-strong economic delegation.
Iran’s OCTG (oil country tubular goods) market is dominated by seamless pipes, which accounts for more than 90% of total OCTG demand in the country. This is a pattern similar to what is seen in…
Parliament on Tuesday approved a bill on Iran’s accession to two international treaties namely the Nice Classification and the Locarno Classification, Mehr News Agency reported.
The Majlis Economic Commission approves lowering banking interest rates to 12%, but a prerequisite for that would be stabilization of the inflation rate, says the commission’s chairman.”We are in…
President Hassan Rouhani said Monday mortgage rates related to a signature mortgage scheme have been lowered to single digits.
“As a gift from the government to first-time homebuyers on the…
The chairman of the Industries Commission at the Iran Chamber of Commerce, Industries, Mines and Agriculture has demanded that details of banks’ non-performing loans (NPLs) be published.
The Central Bank Bill is set to improve the regulator's independence in various aspects, said the CBI vice-governor, Ali Akbar Komijani, elaborating on details of the Central Bank Bill and the…
A customs administration directive to raise import taxes met with fierce criticism from the Iran Chamber of Commerce, Industries, Mines and Agriculture on Monday. The controversial decision is…
Iran’s Foreign Minister Mohammad Javad Zarif wrapped up a whirlwind tour of six Latin American countries this week, aiming to strengthen trade and cooperation with the region. Emerging from the US…
Mianeh Steel Complex’s sponge iron plant will become operational by the end of 2016, said Mehdi Karbasian, the head of Iranian Mines and Mining Industries Development and Renovation Organization…
Mofid brokerage is the top provider of online trading services for Iranian stocks, Securities and Exchange News Agency (SENA) reported. The brokerage processed over 21% of all online trading in…
Mohammad Rajabi has been appointed as the new managing director of RAJA Rail Transportation Company by the Tourism Holding Company’s Social Security Organization (known by its Persian abbreviation…
The Majlis on Sunday passed a law requiring companies to publish their financial statements. Corporations failing to abide by the law will have the bank accounts of their executives blocked.
…Bank Keshavarzi (specializing in financing the agrol sector) has lowered the rate of its loans from 18% to 15%, announced the bank’s CEO on Sunday.
“The cost of the loans for our bank is…
Amendment to the Budget Law of 2016-17 was originally drafted in order to generate cash needed to repay government debt to insurance companies, said the minister of health on Sunday.
Tehran Stock Exchange’s main index plunged 444 points or 0.57% to end Sunday trade at 77,313.6.
More than 1 billion shares valued at $67.4 million changed hands for the day.
Zagros…
Omani and Iranian businesses say trade and investments between the two countries will improve subject to efficient and responsive shipping.
Invex 2016 is scheduled for October 31-November 12 on Kish Island, according to the event’s organizer Aria Hamidian.
The event consists of two separate expos, namely the third EBEX and the…
Parsian Lotus Investment Bank is launching its first venture capital fund in September, boursepress reported.
The fund called Rouyesh Lotus will focus investments in health and…
Iran’s steel industry is moving towards becoming a major global player. Unshackled from years of economic sanctions, Iran is looking to expand its steelmaking capacity over the next decade. The…
Germans are the top foreign investors in Iran's securities market, according to a top Securities and Exchange Organization official.
Investments from Germany make up half the total…
The Iranian Privatization Organization sold over 1.69 trillion rials in stocks from government owned companies during the first five months of the current Iranian year (March 20-August 21). Over…
The government has managed to finalize the construction of 800,000 Mehr housing units in the past three years and plans to finish the remaining 2,200 units by February 2017.
Governor of the Central Bank of Iran Valiollah Seif said initiatives are underway to prepare Iran's banking system for adopting Basel II and III standards.