Iranian steel billet export prices increased by $5 per ton over the week that ended on Feb. 14, with deals being reported at the higher prices.
Metal Bulletin’s weekly price assessment…
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.
Pakistan’s recent restrictions on fresh fruit imports from Iran have sparked fears among Pakistani exporters that Iran may retaliate by imposing similar curbs on shipments from Pakistan.
…
Bank of Industry and Mine sold off a 51% stake in its investment arm, Industry and Mine Investment Company on Tuesday on the capital market, BIM’s head of subsidiaries and general meetings…
Ma Insurance has recently renewed a contract it signed with PartnerRe’s French branch in 2016 as part of efforts to expand its international presence. According to a press release by the company…
South African’s ambassador to Iran has said his country is negotiating with the Office of Foreign Assets Control of the US Treasury Department to get a license for South African banks to work…
As the fallout from the forex market volatility continued into Wednesday, the Cabinet approved a package by the Central Bank of Iran to stabilize the market and push speculators into a legal…
Tehran home prices and deals were up in the third quarter of the current fiscal year to Dec. 21 on an annual basis, but the number of rental contracts for residential units showed a declining…
The US dollar is notching new highs against the rial in Tehran’s foreign exchange market these days, while the stock market remains relatively dormant.
This is while equities, especially…
Tehran Stock Exchange’s main index gained 244.62 points or 0.25% to end Wednesday trade at 98,347.9.
About 737 million shares valued at $69.68 million changed hands at TSE for the day.…
The Ministry of Industries, Mining and Trade issued 702 mineral exploration permits during the nine months to Dec. 21, 2017, indicating a 27.9% rise compared with last year’s corresponding…
The Iranian steel industry’s path to its 2025 capacity expansion goals has proven to be a bumpy one, with new challenges surfacing every year.
Domestic steelmakers aim to increase crude…
Lawmakers on Tuesday passed a number of measures related to the banking system and the National Development Fund of Iran while reviewing articles of the fiscal 2018-19 budget.
Minister of Communications and Information Technology Mohammad Javad Azari Jahromi said an agreement has been reached about what method should be employed to ensure bank card information safety…
Islamic Financial Services Board, the international body setting standards and offering guidance for Islamic banking and finance, has a new director at its helm.
Dr. Bello Lawal Danbatt…
All executive bodies, including the three main branches of government, will be barred from receiving bank interests during the next fiscal year that begins on March 21.
The US dollar's bull run in Tehran's foreign exchange market continues unabated, with rial plumbing new lows against the greenback.
Reports from the market on Tuesday indicated that rial…
Tehran Stock Exchange’s main index gained 178.66 points or 0.18% to end Tuesday trade at 98,103.4.
About 1.36 billion shares valued at $51.5 million changed hands at TSE for the day.…
Iranian steel billet export prices fell by $5-10 per ton over the week ending Feb. 7 with deals being reported at lower prices.
Metal Bulletin’s weekly price assessment for Iranian…
A recent Supreme Court of India's decision to cancel all iron ore mining leases in an ore-rich state can open the way for Iranian ore miners to increase their share in the Chinese market.
Japan International Cooperation Agency signed a grant aid agreement worth up to 1.53 billion yen ($10.7 million) with Iran’s Health Ministry in Tehran on Monday to help Iran improve its medical…
The US dollar hit new highs against the rial on Monday, as the foreign exchange market continued to surprise investors and policymakers who are struggling to accept record forex rates as the new…
Iran has established banking relations with close to 300 foreign banks two years after the landmark nuclear deal with world powers, the Central Bank of Iran announced.
Iranian banks have started buying Qatar’s riyal from exporters of goods and services to the Persian Gulf emirate, director general of Trade Promotion Organization for Iran’s Arab-African affairs…
The Central Bank of Iran has belatedly released its regulatory framework for the operations of payment aggregators, coming one step closer to completing its overarching vision for fintechs and…
Major Iranian mining companies produced an aggregate of 287.45 million tons of ores and mineral products during the first 10 months of the current fiscal year (March 21, 2017-Jan. 20),…
