The Central Headquarters for the Resistance Economy has sent a list of struggling small and medium-sized enterprises eligible for cheap loans to banks. The banking sector will review the…
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>
The lifting of sanctions imposed on Iran over its nuclear energy program enabled Iranian aluminum producers to increasingly embark on the import of alumina, the primary raw material required for…
More than 2.4 million tons of iron ore concentrate were produced in the second Iranian month of Ordibehesht (April 20-May 20), indicating an 11% growth compared to last year’s corresponding…
Tehran Stock Exchange's all-share index plummeted 1.19% or 878.60 points to close Sunday trade at 73,027.9, its lowest since February 2.
Huge losses by large-cap telecoms, oil and gas…
After a four-year hiatus, cement offerings for export have resumed at Iran Mercantile Exchange, the IME chief said.
Isfahan Cement Company initiated the offering with 2,000 tons of the…
Government control has been rife in the history of Iran’s economy after the nationalization of major industries over the past few decades, a lecturer at the Economics Department of Tehran…
Banks will lower lending rates in the coming days, said Central Bank of Iran governor, Valiollah Seif on Sunday. The announcement comes after private lenders’ recent move to voluntarily lower…
Export Development Bank of Iran is offering 6% discount on the interest of loans given to exporters of goods with high value-added, said head of EDBI branch in Kerman Province, Mahmoud Momenzadeh…
Insurance industry’s total earned premiums stood at 31.7 trillion rials ($9.1 billion) during the two months ending May 19, indicating a year-on-year growth of 28.3%.
Data published by the…
The head of the Association of Private Banks and Credit Institutions, Kourosh Parvizian, has sent a letter to Central Bank of Iran governor, Valiollah Seif, informing him about private lenders’…
A lawmaker believes that lack of proper supervision by the Central Insurance company of Iran, the industry’s watchdog, is the root of problems insurers are facing.
“However, insurance…
The new amendment for the budget law of 2016-17 will soon be sent to Majlis and it contains measures to increase banks’ capital and settle their debts, a deputy minister of economy said Saturday…
A group of CBI experts is in the United States to discuss the issue of Iranian assets frozen in that country, a Central Bank of Iran official said Thursday.
Russia and Iran could reach an official agreement on the transition to mutual payment in local currencies.
The statement was made Friday by Hossein Yaghoubi Miab, director general of …
Karafarin Insurance, affiliated to Karafarin Bank, on Wednesday signed a three-year contract with Bank Mellat, to use the private lenders’ e-banking, and investment banking services. Based on the…
Pakistani authorities on Friday started building a gate at the country’s border with Iran at Taftan to curb illegal trade. The construction of “Pakistan Gate” in Chagai district, to be completed…
More than $850 million (30 trillion rials at market exchange rate) are to be injected into the domestic housing market in the near future, as part of a new mortgage loan scheme to stimulate…
Steel industry is of utmost importance for Iran, as it is the main supplier to a range of vital sectors, including automotive and construction.
And the primary feedstock for keeping the…
Construction of the first section of the so-called Tehran-North Freeway that connects the capital city of Tehran to the northern Mazandaran Province has made 60% progress, the CEO of Tehran-North…
Tehran Stock Exchange’s benchmark index, TEDPIX, added 29.40 points or 0.04% on Saturday to end trade at 73,906.5.
Over 620 million shares valued at $40.9 million were traded for the day.…
Sugar production exceeded 1.5 million tons in the last Iranian year (March 2015-16), the head of Iran Sugar Association said.
“Sugar and sugar cubes have had the least price fluctuations…
The 5,100-TEU Iranian container ship docked at a quay in South Korea’s western port city of Incheon on June 15, 2016.
In a bid to develop railroad and other infrastructure at Chabahar Port, Indian steel companies will export rails worth $150 million to Iran in July.
The chief US agency in charge of implementing sanctions has added staff to help speed up processing applications from businesses hoping to trade with Iran, a US Treasury official said on Thursday…
Stocks sped up their descent in their third week of back-to-back losses in Tehran this week.
Both Tehran Stock Exchange and Iran Fara Bourse dropped, as fears about economic recovery were…
