The Iranian Mines and Mining Industries Development and Renovation Organization is planning to sell four trillion rials ($114.2 million) worth of Musharaka bonds to develop and renovate Kahnouj…
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>
Iranian steel companies manufactured 1.6 million tons of crude steel in May, indicating a 13% rise in production compared to last year’s corresponding period, according to the latest data released…
Commodity certificates of deposit for barley are being offered for the first time on Iran Mercantile Exchange.
The certificates represented 10,000 tons of animal feed barley from three…
The US State Department says it welcomes Boeing’s announcement of a deal with Iran Air and that it involves the “type of permissible business activity envisioned” in the Iran nuclear deal.
Iran’s newly-purchased Beechcraft King Air 350i flight inspection plane has begun operation.
The $9 million aircraft landed at Shiraz International Airport on Wednesday after performing its…
Iran is willing to expand cooperation with countries that supported Iran during the sanctions including China, said Central Bank of Iran governor, Valiollah Seif, in a meeting with China…
Minister of Economy Ali Tayyebnia on Tuesday appointed Mohsen Pourkiani to head of Iran Insurance Company. The move comes after IIC’s former head Abbas Husseini stepped down, the ministry’s…
Mohammad Reza Hosseinzadeh, head of the Coordination Council of Public Sector Banks, announced that the implementation of new one-year deposit rates and short-term deposit rates officially came…
Lower deposit rates will have an immediate effect on the real estate market pushing up demand and boosting investment in the key sector, an economist familiar with the market says.
In a report on ‘Barriers to Eliminating Usury from Iran’s Banking System and Corrective Measures’, the research arm of the Central Bank of Iran – the Monetary and Banking Research Institute – has…
Bank Maskan, Iran's main housing bank, has lowered the interest rate of its mortgages by two percentage points in a bid to help pull the dull property market out of stagnation.
The move…
Tehran Stock Exchange’s main index TEDPIX gained 184.20 points or 0.25% on Tuesday to end trade at 72,799.2.
Close to 930 million shares valued at $50.4 million were traded for the day.…
The success of the latest edition of Germany’s specialized exhibition for the machine tools and metalworking sector known as “AMB Iran” has prompted organizers to start planning the next event in…
Iranian steel mills produced 3.1 million tons of crude steel in the first two months of the current Iranian year (started March 20), which indicates a 5.6% rise over last year’s corresponding…
Turkey will not remain Iran’s main transit route to Europe unless security is restored to the country, said the director general of Iran Road Maintenance and Transportation Organization’s Transit…
South Korean, German, Italian and French banks will soon start funding domestic mining projects, the president of Iranian Mines and Mining Industries Development and Renovation Organization…
Japan’s Sumitomo Mitsui Bank is opening letters of credit for traders willing to work with Iran in cooperation with Saman Bank. The credit is available only in yen for Japanese entities, Saman…
With the goal of speeding up the execution of the government’s plans for creating economic momentum and easing the recession, Bank Melli Iran has issued a directive to all its branches,…
As the opening up of Iran's economy to global entrepreneurship and trade continues after years in the wilderness – something Morgan Stanley described as the biggest thing for the global economy…
Iran's ambassador to Berlin says the Hermes cover debt has been repaid and as a result, Euler Hermes coverage will resume soon.
The Export Guarantee Fund of Iran, the state-run export credit agency has been monitoring Russian companies’ creditworthiness in line with Iran’s plans for boosting trade with that country, said…
Tehran Stock Exchange’s benchmark index shed 412.90 points or 0.57% to close at 72,615 on Monday. Losing oil and gas, steel and mining companies were the main force behind the benchmark’s downfall…
The first phase of a major steel plant in Chaharmahal-Bakhtiari Province has become operational, according to the governor general of the province, Qasem Soleymani Dashtaki. The plant. established…
Equities had their worst month so far this year, with both Iran’s stock exchanges adding to losses incurred during the prior two months.
The first quarter has been awful for stockholders,…
Ubar Mining International LLC, a newly established Omani company, has acquired a 70% stake in an Iranian antimony mine.
