After gold coin’s continued rally in the past month, which pushed its value to the highest level in nearly six years in Tehran’s market on Monday, the yellow metal’s surge lost momentum…
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.
Minister of Industries, Mining and Trade Mohammad Shariatmadari has reappointed Mehdi Karbasian as the head of Iranian Mines and Mining Industries Development and Renovation Organization and his…
Tehran is hosting the 17th International Exhibition of Home Appliances that opened on Thursday and will run through Nov. 28.
“Our home appliances industry accounts for 0.7% of the…
The results of a study by Majlis Research Center show out of six subcategories of transportation, “road transport” has the highest direct job creation coefficient among 35 economic sectors.
Tehran Stock Exchange’s main index TEDPIX gained 1,333 points or 1.5% during the trading week that ended on Nov. 22 to close at 89,339.1.
The benchmark index is currently around…
The area under greenhouse cultivation in Iran presently spans 12,157 hectares, which is 38% more compared to the period before August 2013 when President Hassan Rouhani took office, according to…
Export Development Bank of Iran–the country's exim bank–is to integrate its resources with funds from the country's sovereign wealth fund to allocate them as loans to Iranian exporters, EDBI’s…
Tehran Chamber of Commerce, Industries, Mines and Agriculture has conducted a study on the presence of foreign banks in different countries and its economic impact, underscoring the lack…
The research arm of the Iranian Parliament has conducted a thorough study on the dire condition of Social Security Organization–the country's largest pension fund–and offered short- and long-…
Central Bank of Iran’s Vice Governor Akbar Komijani appealed to the country’s banking system to help the victims of Kermanshah’s recent earthquake and fulfill their corporate social…
Tehran Stock Exchange’s main index gained 564.50 points or 0.64% to end Wednesday trade at 89,339.1.
About 1.23 million shares valued at $68.49 million changed hands in the day.
…
Iran’s semi-finished steel exports during the first seven months of the current fiscal year (March 21-Oct. 22) stood at 3.51 million tons, up 76% year-on-year, according to Iranian Steel…
Tehran Stock Exchange’s main index TEDPIX gained 2,294 points or 2.7% during the eighth month of the current fiscal year, Aban (Oct. 23-Nov. 21) to end at a near 4-year high of 88,774.
…
The Islamic Republic of Iran Broadcasting is considering issuing Islamic bonds in the Iranian capital market, the head of Iran Far Bourse said. “The initial permissions for issuing IRIB’s…
The average goods and services Consumer Price Index in Iran during the 12-month period ending Nov. 21, which marks the end of the Iranian month of Aban, increased by 8.4% compared with last year…
The sudden leap in gold coins’ prices and their unprecedented bubble in Iran mainly stems from unreal and speculative demand in the market. According to the head of Tehran’s Gold and Jewelry…
Boosting banking relations with Britain is a top priority of Trade Promotion Organization of Iran, as it will facilitate transactions between the two countries’ companies, the organization’s…
By keeping the rial overvalued, the administration is in fact subsidizing foreign imports at the expense of domestic production, the head of Tehran Chamber of Commerce, Industries, Mines and…
In the Iranian banking world, the IFRS fever has been running high in the past few months.
While almost everyone agrees with its implementation, there seems to be relatively little…
Tehran Stock Exchange's main index gained 513.40 points or 0.58% to end Tuesday trade at 88,774.2.
About 1.65 billion shares valued at $108.8 million changed hands in the day.
…
A total of 17 foreign apparel brands have acquired licenses to sell in Iran and 14 others are in the process of obtaining the same, the Ministry of Industries, Mining and Trade’s Director…
It took a while, but the Central Bank of Iran’s crackdown on regulating interest rates finally paid off and now the changes seem to have trickled down to the debt market.
This could…
Iranian steel mills produced 17.9 million tons of steel since the beginning of January up to the end of October, showing a rise of 20.9% compared with last year’s corresponding period, the…
BGF Retail Company, the operator of South Korea’s largest convenience store chain CU, said on Tuesday it has opened a store in Iran, marking the first overseas expansion for a local convenience…
A senior Iranian official announced that there are no significant banking issues with China and the UAE, as hurdles with Turkish Halkbank are being removed.
