Business And Markets

Iran’s mineral industries have received a new lease of life following the easing of economic sanctions in January, as part of last year’s historic nuclear deal between Iran and the six world…

A forum titled “Silk Road Economic Belt” opened in Tehran on Tuesday with focus on friendly exchanges and cooperation between China and the Islamic Republic, Chinese state-owned news agency China…

Iran will open in Belgrade an economic and trade center for the Balkans and Southeast Europe in the next two months, a Serbian Trade Ministry official said after a meeting with Iran’s ambassador…

Tehran Stock Exchange’s main index gained 117.50 points or 0.15% to end Wednesday trade at 78,081.5.

More than 1.1 billion shares valued at $69 million changed hands for the day.

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Banks have increased their lending and their financing has revived 7,000 industrial units that had gone out of business due the recession, announced the minister of economy on Tuesday.

Pakistan is intent on increasing its trade volume and business cooperation with Iran and to do this, the two countries should work together to remove trade barriers, said the chief executive of…

Chief executive of EN Bank denied that deposits have exited the banking system as a result of recent cuts in interest rate. CEOs of some major private lenders have reportedly protested against the…

Lawmakers on Tuesday passed the amendments to 2016-17 annual budget law, allowing the government to settle its debts to the banking sector by using the Central Bank of Iran’s foreign exchange…

After two years of research, Iran’s first boehmite production line will be launched in Azarshahr County in East Azarbajan Province today, Iranian Mines and Mining Industries Development and…

Qazvin Steel Company’s CRC (cold rolled coil) plant was inaugurated by First Vice President Es’haq Jahangiri, and, Minister of Industries, Mining and Trade Mohammadreza Nematzadeh on Tuesday, IRNA…

How has the Rouhani administration fared in the past three years? With presidential elections looming next year, commentators are evaluating the Rouhani administration.

Pen production in Iran dates back to 1963 when the first factory opened. Soon after other production units producing pens and other writing instruments and stationery were established, which…

Despite a rise in import duties on steel products in Iran, Chinese suppliers maintain their position in this market, especially in the segment for flat products, even posting somewhat better…

Tehran Stock Exchange’s main index shed 122.10 points or 0.16% to end Tuesday trade at 77,964.

More than 880 million shares valued at $51.4 million changed hands for the day.

Etebar…

The Central Insurance of Iran will no longer issue permits for general insurance companies, reserving its permits only for specialized insurance entities, announced the planning and development…

Chief executives of several private banks have written to the Central Bank of Iran Governor Valiollah Seif demanding that they be allowed to adjust their interest rates instead of offering fixed…

Export Development Bank of Iran has provided loans to 155 small- and medium-sized enterprises since the beginning of the Iranian year (March 20), which mostly include producers of exportable…

There is no restriction on using credit cards that are going to be issued by domestic banks and cardholders can even purchase imported goods, said CBI’s deputy for supervisory affairs.

Executives of SAIPA, Iran’s second-largest automaker, asked insurance companies to introduce innovative insurance coverage to meet the carmaker’s needs. During a meeting with chief executives of…

Islamic Republic of Iran Customs Administration earned 46.7 trillion rials ($1.32) in during the first four months of this fiscal year (March 20-June 20), which was 10% above the figure for last…

It is estimated that 4.5 million tons of citrus fruit will be produced in Iran in the current fiscal year that ends in March 2017, which would register a 10% rise compared to last year, according…

Iran’s iron ore sector has hit a rough patch as 90 iron ore mines out of a total of 190 have shut down in recent months, according to Ghadir Giafeh, the head of board of directors at Iron Ore…

The 25th Persian Handmade Carpet Grand Exhibition, which is considered the biggest event in its kind worldwide, opened on Monday in Tehran at the Permanent International Fairgrounds, Iran’s…

Azna Steel Complex in Lorestan Province is to resume operation after 14 years by November using new Chinese-made machinery and equipment, Lorestan’s Governor-General Houshang Bazvand has announced…

Iran’s 120 steel pipe and profile manufacturers with annual production capacity of 18.5 million tons are capable of meeting the infrastructure development needs of the Iraqi people, said the head…