Tehran Stock Exchange’s main index gained 408.42 points or 0.42% to end Monday trade at 98,629.4.
About 1.10 billion shares valued at $49.88 million changed hands at TSE for the day.…
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 latest development in the tug-of-war between Iran and Saudi Arabia has manifested in the kingdom blocking an investment deal by South Korea in Iran’s steel industry.
Minister of Industries, Mining and Trade Mohammad Shariatmadari said only half of Iran’s active industrial units are operating above 50% of their capacity.
Iran’s first hydroponic greenhouse has come on stream in Markazi Province.
The first phase of the project with an area of 15 hectares became operational in Zarandiyeh.
Once…
A 15.85% controlling stake in Iran’s largest auto producer, Iran Khodro Group, is scheduled to be put up for sale on Tehran Stock Exchange on Jan. 31.
The sale includes more than 2.2…
Iran's sovereign-wealth fund has approved more than $36 billion in foreign exchange loans since its inception about six years ago until the third quarter of the current fiscal year to Dec. 21.…
Major currencies continued their bullish trend in Tehran’s foreign exchange market on Sunday, prompting the rial to fall to record lows. According to Tehran Gold and Jewelry Union’s website, the…
The goods and services Consumer Price Index in the 12-month period ending Jan. 20, which marks the end of the Iranian month of Dey, increased by 8.2% compared with last year’s corresponding…
Chairman of Iran National Carpet Center Hamid Kargar expects Iran's exports of hand-woven carpets to reach $400 million by the end of the current fiscal year (March 20).
Last year's (…
The Rasht-Astra Railroad project will be carried out by Iran and the neighboring Azerbaijan, each providing 50% of the required finances.
Announcing the above, Deputy Minister of Roads…
Iranian company Agro Portal, with the help of Kazakhstan’s National Company for Investment Support and Promotion, also known as Kazakh Invest, has invested in the construction of a halal meat…
Iran’s apparent finished steel usage recorded a meager growth in the first nine months of the current fiscal year (March 21-Dec. 21, 2017) while consumption of semi-finished steel dropped.
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Tehran Stock Exchange’s main index lost 596.11 points or 0.6% to end Sunday trade at 98,221.1.
About 2.78 billion shares valued at $223.6 million changed hands at TSE for the day.
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Iranian banks still have to pay high interests on their deposits while their income from loan allocations has dropped significantly due to a serious credit crunch, increasing their losses and…
Bank Maskan, the agent bank of the housing sector, has allocated loans for the construction and purchase of 260,000 residential units in the first nine months of the current fiscal year to Dec.…
Bank Melli Iran, the country’s biggest bank, attracted more than 22% of all the rial and foreign exchange deposits of the banking system in the first nine months of the current fiscal year to…
Iran's foreign exchange market on Saturday witnessed a rise in the rates of all major currencies against rial, the national currency.
The government sold a batch of bonds worth 10 trillion rials ($225 million) last week, the Ministry of Economic Affairs and Finance announced. The debts were sold in an open auction at the over-…
Tehran Stock Exchange’s main index TEDPIX gained 3,308.4 points or 3.46% during the 10th month of the current Iranian year (Dec. 22-Jan. 20) to end at 98,817.
The benchmark index of the…
Iranian export billet prices lost $10 per ton over the past week while several bookings were heard done at lower prices.
Metal Bulletin’s weekly price assessment for Iranian export…
A study by the Institute for Management and Planning Studies supervised by chief economist Masoud Nili culled 975 figures as the poverty line from official and unofficial sources in 41 reports…
Tehran Stock Exchange’s main index lost 106.22 points or 0.11% to end Saturday trade at 98,817.3.
About 851 million shares valued at $61.95 million changed hands at TSE for the day.
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The Iranian housing sector is witnessing a notable increase in residential deals in a sign of imminent recovery, but a deputy roads and urban development minister said this will not translate…
The Central Bank of Iran is focused on creating new models of payments involving mobile phones and boost the security of existing ones, the head of the bank's Payment Systems Department said.
Iran’s central bank has filed a suit in Luxembourg against Deutsche Boerse’s Clearstream unit seeking to recover $4.9 billion in assets plus interest, the German stock exchange operator said on…
