The government will invest $10.66 billion on the renovation and replacement of decrepit intra- and inter-city transportation fleet. The relevant directive has been communicated to the Ministry…
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.
Tehran stocks had one of their best weeks to date with spiking growth in every single index, all due to a meteoric rise in Wednesday trade.
Transparency seems to be returning to Iran's capital market, as Securities and Exchange Organization's latest data show.
From the investors' perspective, the Iranian capital market had a…
Asian economies are even more exposed than it seems to the economic impact of the US withdrawal from the multilateral nuclear agreement with Iran.
The export price for steel billet from Iran picked up in the seven days that ended on June 13, with new bookings reported at higher prices.
Metal Bulletin’s weekly price assessment for…
The government has allocated $15 billion of foreign exchange to imports in the 50 days since the start of the current Iranian year on March 21.
According to Government Spokesman Mohammad…
An educational content on insurance will soon be devised for all school levels in Iran with the aim of fostering a healthy and informed culture that will boost the prospects of the ailing…
The Central Bank of Iran’s Money and Credit Council approved amendments to regulations that will allow individuals and entities, which are not qualified to receive a checkbook, to open current…
The inward flow of foreign direct investment into Iran registered an increase of almost 50% in 2017 compared to the year before and exceeded $5 billion, according to the United Nations…
About $287 million worth of machine-made carpets were exported from Iran in the last fiscal year (March 2017-18). The main export destinations for these products were the neighboring countries…
Tehran stocks ended the trading week with a bang, as both Tehran Stock Exchange and Iran Fara Bourse reached new highs on Wednesday's close.
The domestic leather industry has created close to 100,000 jobs in sales outlets and about 15,000 in production units.
Tariff on tobacco imports has increased from 5% to 15%.
Criticizing the move to raise tariffs, Chairman of Tobacco Products Importers and Exporters Association Mohammad Reza Tajdar…
Iran has called for a meeting of its joint economic commission with Sri Lanka to be held in Tehran in August.
“As per our own assessment, the May 2018 state visit by the Lankan…
Iranian Privatization Organization is set to sell stakes in 631 state-owned firms to the private sector later in the current fiscal year (March 2018-19), which is 87% more compared to the number…
A total of 7.7 million tons of iron ore concentrate were produced in Iran during the first two months of the current fiscal year (March 21-May 21), to register a 27% growth compared with last…
Iran imported $1.03 billion worth of consumer goods during the two-month period since the beginning of the current fiscal year (started March 21), registering a 2.7% decrease compared with the…
Tehran Stock Exchange’s main index gained 254.47 points or 0.27% on Tuesday to end trading at 96,101.9.
About 1.1 billion shares valued at $58.74 million changed hands at TSE for the day…
During President Hassan Rouhani’s recent visit to China, Iran’s Securities and Exchange Organization signed a memorandum of understanding with China Securities Regulatory Commission on June 11,…
The Statistical Center of Iran has released data on the volume of per capita insurance premiums and claims paid and received by Iranians during the fiscal 2016-17 as part of its latest annual…
Maskan Investment Bank, a subsidiary of Bank Maskan—the agent bank of the housing sector, has issued the first-ever corporate bonds.
According to a report by HIBNA, the official news…
A new bull run has started in Iran's gold coin market, on the back of the rally that intensified in the current week.
The benchmark Bahar Azadi coin crossed another psychological…
The number of bank branches per capita increased by 42% over the 15-year period in the Iranian year ending March 20, 2017, according to the latest figures published by the Statistical Center of…
Chief executives of some of Iran's biggest banks have met with the newly-elected mayor of Tehran, Mohammad Ali Afshani, to reach agreement on reclaiming billions of dollars in liabilities owed…
The Emami benchmark gold coin gained another 1% in Tehran on Monday and was traded at close to 25 million rials ($59), a new all-time high, according to Tehran Gold and Jewelry Union’s website.…