Business And Markets

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.

  • The emergence of a new market structure, based on the presentation of the periodic statistics of transactions,  has priority over the growth of technology.
    Talking about statistics, almost all economists promptly think of advanced econometric analysis and prediction of nonlinear relations in an uncertain atmosphere or recognition of important...
  • About 1.38 billion shares valued at $129 million changed hands at TSE on Feb. 24.
    Tehran Stock Exchange’s main index gained 19.60 points or 0.02% to end Saturday trade at 98,176.9. About 1.38 billion shares valued at $129 million changed hands at TSE for the day. Trading at...
  • Exports to Thailand, Indonesia See Biggest Rise
    Iran’s exports to Thailand and Indonesia, crude oil excluded, registered the highest growth compared to other export destinations during the first 10 months of the current fiscal year (March 21,...
  • Export Billet Prices Climb Amid Higher Offers, Transactions
    Iranian export billet prices went up by $5-15 per ton on an FOB basis in the week that ended Feb. 21 with higher offers being accepted by customers. Metal Bulletin’s weekly price assessment for...
  • Renewed Efforts to Sideline US Dollar in Foreign Trade
    Months after a meeting between Iran’s Leader Ayatollah Seyyed Ali Khamenei and Russian President Vladimir Putin in Tehran spurred officials and lawmakers to sideline the US dollar in Iran’s...
  • Depending on Iran’s progress in completing its action plan, FATF will take further steps in June 2018.
    The Financial Action Task Force has recognized measures taken by Iran to address its deficiencies and decided to renew the suspension of countermeasures until its next meeting in a move seen by...
  • Over 6.08 billion shares valued at $311.6 million were traded on TSE during last week.
    Stocks don’t have much going for them these days. The combined threats of rising interest rates, weakening growth in global commodity prices and lingering political risks have dented investors’...
  • Proses has offered to explore a possible SISP at the world class Mehdiabad zinc (lead and silver) project in Iran where it has a role in development planning.
    British mining and mineral processing technology company Alexander has executed a commercial and technical partnership agreement with Turkish specialist mineral processing consulting company Proses...
  • Banking Troubles With China Persist
    Hurdles on the way of banking relations between Iran and China are still in place and affecting exports, the deputy director of Iranian Oil, Gas and Petrochemical Products Exporters Union said. "...
  • Gov't Looks to Boost Fintechs, E-Banking
    The Iranian government is increasingly paying more attention to expansion of new financial instruments, mainly through supporting fintechs and developing electronic banking. Minister of Economic...
  • Mineral Exploitation Creates  4,300 jobs
    A total of 533 permits were issued for mineral exploitation during the nine months to Dec. 21, 2017, creating 4,302 jobs, 76.6% more compared with last year’s corresponding period, the Ministry of...
  • US Looking East After Fining Europe Over Iran Business
    The US effort to put Iran in a financial bind meant European banks were paying big fines and closing off its money flows amid severe sanctions on the country’s banking and energy sectors. But as US...
  • Tech-Based Firms Get $540m in Loans by Q3
    Knowledge-based firms received about 24.4 trillion rials ($540 million) in loans from banks and credit institutions in the first nine months of the current fiscal year to Dec. 21, the Central Bank...
  • FATF Continues Suspension of Countermeasures Against Iran
    The Financial Action Task Force has recognized measures taken by Iran in line with addressing its deficiencies and has decided to continue the suspension of active countermeasures until its next...
  • Presale Crosses  96,000 Gold Coins
    The presale of Bahar Azadi gold coins priced at 14 million rials ($311) and 13 million rials ($288) respectively with maturity periods of six months and one year began on Saturday at Bank Melli...
  • Nat’l Virtual Currency in the Offing
    Months after the idea was first publicized, it seems that Iran is now inching closer to tapping into the potentials of blockchain technology to operate its own virtual currency. On Wednesday,...
  • Int’l Exhibition Industry Expo Underway
    The First International Exhibition Industry Conference and Expo opened at Tehran’s International Fairground on Tuesday, the official website of the event, Ieie-ex.ir, reported. Participants have...
  • Over 22.27 billion shares valued at $1.37 billion were traded at TSE over the month ending Feb. 19.
    Stocks had a rollercoaster ride in the Iranian month that ended Feb. 19. Tehran Stock Exchange’s main index lost 669 points or 0.7% during the month to end at 98,148.5. TEDPIX reached its all-time...
  • Bank Loans Top $100b in 10 Months
    Banks and credit institutions doled out more than 4.62 quadrillion rials ($102.66 billion) in loans to various sectors of the economy during the first 10 months of the current fiscal year to Jan....
  • About 1.01 billion shares valued at $62.07 million changed hands at TSE on Feb. 21.
    Tehran Stock Exchange’s main index gained 8.80 points or 0.01% to end Wednesday trade at 98,157.3. About 1.01 billion shares valued at $62.07 million changed hands at TSE for the day. Trading at...
  • Provincial State Account Transfer Underway
    In continuation of the initiative to transfer the bank accounts of state-owned enterprises to the Central Bank of Iran with the aim of boosting transparency, income accounts in provinces other than...
  • Valiollah Seif
    Governor of the Central Bank of Iran said on Wednesday anti-money laundering rules such as know your customer (KYC) controls are being implemented in the foreign exchange market and the recent...
  • ‘Iran Sea Expo 2018’ Scheduled
    The Fifth International Maritime Exhibition of the Islamic Republic of Iran, also known as ‘Iran Sea Expo 2018’, is scheduled to open in Bandar Abbas, located in Iran’s southern Hormozgan Province...
  • Domestic Toy Industry Taking Baby Steps to Play Bigger Role
    Iran’s toy market is dominated by imports, both legal and illegal, as the domestic toy industry is struggling to catch up.  Locally-produced toys currently make up 20% of the market, Chairman of...
  • Tehran Housing Construction Permits Rise in H1
    The number of residential construction permits issued in Tehran during the first half of the current fiscal year to Sept. 22 has experienced an uptick, the Statistical Center of Iran said. Based...

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