Iran's Esfahan Steel Company is ready to ship its first rebar cargo to the UK, a company source told S&P Global Platts.
The deal for 5,000 tons at $505/ton FOB southern port was…
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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.
Khorasan Steel Company set a monthly record in iron pellet procurement, as it received 213,643 tons of the material during the first ninth months of the current fiscal year (Nov. 22-Dec. 21),…
Iran exported some 22,300 tons of sanitaryware worth $15 million during the eight months to Nov. 21, 2017, the Ministry of Industries, Mining and Trade announced.
Last year’s (March 2016…
Tehran Stock Exchange’s main index TEDPIX gained 257 points or 0.3% in the past trading week that ended Jan. 10 to close at 97,899.2.
The main index of the smaller over-the-counter…
Close to $2 billion worth of foodstuff were exported from Iran during the eight months to Nov. 21, 2017, registering a 20% increase compared with the similar period of last year, the director…
About 9.4 million checks worth about 625 trillion rials ($14.2 billion) were transacted in Azar, the ninth Iranian month ending Dec. 21, of which more than 1.4 million checks worth about 135…
Statistics published by the Central Bank of Iran show that in the first half of the current Iranian year to Sept. 22, banks and credit institutions –mostly privatized lenders–loaned 13.55…
Iran and Italy on Thursday signed a Master Credit Agreement worth €5 billion in Rome, making it the biggest foreign finance deal reached between Iran and a member of the European Union.
Iranian banks’ revenues from electronic payment fees do not exceed 30 trillion rials ($681 million) each year and account for only 17% of their total earnings, the Central Bank of Iran’s deputy…
In what was the strongest rebuke of the Central Bank of Iran to cryptocurrencies yet, the governor of the monetary regulator has said it “does not approve of Bitcoin in any way”. Valiollah Seif…
The research arm of the Iranian Parliament has warned against the detrimental effects of the government engaging in a widespread issuance of bonds, especially on bank interest rates, and…
Economy Minister Masoud Karbasian has said the resources required for extending marriage loans will be provided by selling the excess assets of banks through auctions, as their capital has…
Iran’s two major coal companies produced 510,054 tons of coal concentrate during the first nine months of the current Iranian year (March 21-Dec. 21), indicating a 25% growth year-on-year, the…
Iran Organic Association has devised an ID for organic food products in the form of an 18-digit code containing all information regarding the producer, place of production and the company in…
The US is expected to decide tomorrow whether to continue to waive sanctions on Iran, as agreed under the 2015 nuclear deal formally known as the Joint Comprehensive Plan of Action.
The…
Tehran Stock Exchange’s main index gained 36.79 points or 0.04% to end Wednesday trade at 96,186.
About 1.3 billion shares valued at $69.22 million changed hands at TSE for the day.
…
Since the beginning of the current Iranian year (started March 21, 2017), the government has taken a few measures, including the “Comprehensive Employment Scheme”, to promote…
Boosting the purchasing power of home buyers has been the main agenda of President Hassan Rouhani’s administration in the past four and a half years and the latest statistics of home sales…
The draft of the amendment to the Anti-Money Laundering Bill has been approved by Majlis Judiciary Commission, the body’s rapporteur announced. Hassan Norouzi also told Fars News Agency on…
Majlis Joint Commission, the body responsible for reviewing the budget bill before its final parliamentary ratification, has approved the inclusion of a clause in the fiscal 2018-19 budget that…
The Majlis Joint Commission has given the nod to most of the government’s proposed figures in the budget bill for the next fiscal year (starting March 21) regarding the issuance of Islamic debt…
Iranian economist Hamid Azarmand believes that the gravest concern about the future of Iran’s economy is for the government to question economic reforms.
Excerpts of his write-up in the…
Tehran Stock Exchange’s main index lost 183.23 points or 0.19% to end Tuesday trade at 96,149.3.
About 1.04 billion shares valued at $52.9 million changed hands at TSE for the day.
…
Iran exported more than €8.24 billion worth of commodities to the 28 member states of the European Union during the 10 months to Oct. 31, 2017, indicating a 109% hike compared with the similar…
The government has started paying the dividends of “Justice Shares” as of Tuesday with its cap set at 500,000 rials ($11.54) for each shareholder, the head of Iran Privatization Organization…
