When there’s not much to look forward to in the equity market, investors get spooked by the slightest hint of negative news and shuttle their money to other markets.
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.
Iranian President Hassan Rouhani and Indian Prime Minister Narendra Modi signed nine bilateral agreements, including an 18-month lease of part of the Iranian port of Chabahar, near the Pakistan…
The number and value of deals made in the interbank market has increased in the first 10 months of the current fiscal year to Jan. 20, the Central Bank of Iran announced.
The Banker’s Top 500 Banking Brands for 2018–an annual report ranking the world’s most valuable banking brands–has been released, in which an Iranian bank holds the 166th spot on the influential…
Top representatives of Bank Melli Iran, the country’s biggest bank, and Spain’s Aresbank met on Tuesday to prepare the ground for expanding ties in the near future.
Based on a directive issued by the Ministry of Industries, Mining and Trade, the ministry-affiliated National Trade System announced that as of Wednesday, all traders are prohibited from…
The first official cross-border retail market for local traders opened on the Siran Band-Baneh border in Iran’s western Kurdistan region with the aim of improving the livelihoods of border…
The flawed urban development model adopted in Iran over the years has placed a majority of population in desert areas while nearly two-thirds of the world’s population—almost 3.6 billion people—…
The chain reaction between the anticipated rise in deposit interest rates and the decline in prices of debt securities is in full swing, as highlighted by the issuance of the latest batch of…
Tehran Stock Exchange’s main index lost 139.05 points or 0.14% to end Wednesday trade at 97,961.8.
About 898 million shares valued at $74.43 million changed hands at TSE for the day.…
As the crackdown on the foreign exchange black market continues, Tehran's prosecutor announced on Tuesday that so far 1,300 bank accounts belonging to unregulated currency traders have been…
All illegal credit institutions will be fully organized and sorted out by the Central Bank of Iran and the parliament up to the first half of the next fiscal year in late September, the head of…
As lackluster banking relations have hampered Iran’s economic prospects despite the lifting of sanctions after the implementation of the 2016 nuclear deal, it looks like the country’s ties with…
A total of 302,511 gold coins were pre-purchased by applicants, according to Bank Melli, the lender in charge of implementing the Central Bank of Iran’s initiative to hold gold coin presale to…
Iran Mercantile Exchange plans to start trading in domestically produced iron ore pellet and concentrate, IME Managing Director Hamed Soltani-Nejad said on Monday.
“The IME also plans to…
Qeshm Cement Company has readied a 40,000-ton batch of clinker for export to India, announced Hormoz Amiri, an official with Qeshm Free Zone Organization.
“Qeshm Cement Company’s clinker…
Tehran Stock Exchange’s main index gained a feeble 2.34 points to end Monday trade at 98,100.8, indicating a 0.002% uptick compared to Monday.
About 958 million shares valued at $43.28…
Donya-e-Eqtesad Media Group held the Fifth Iranian Economy Overview Conference on Tuesday.
The event was attended by a host of economists and market analysts whose aim was to…
Iran exported more than €113.65 million worth of commodities to Austria in 2017, indicating an 18.74% rise compared with the previous year. Imports of Iran from the European country amounted to…
The Financial Action Task Force finally issued a public statement about Iran on Friday, ending months-long speculations about the fate of a country it has kept on it blacklist for almost a…
Three main reasons were behind the recent gold coin rally, the head of National Gold and Jewelry Union said.
Cooperation between the insurance industry and capital market could help control the volume of liquidity, whose rise has triggered concerns in recent years, the head of the Central Insurance of…
Iran's economy is bedeviled by a series of major issues arising from decades of mismanagement that has made the banking system bear the brunt as the country's predominant financer, although…
A 45.31% stake in Ahwaz Rolling and Pipe Mills Company offered by the Iranian Privatization Organization on Sunday failed to attract any buyers. The organization put up over 1.7 billion shares…
Iran’s largest flat steel producer Mobarakeh Steel Company ended the 11 month of the current fiscal year (Feb. 19) with robust growth in sales value and double-digit upticks in production and…
