The Iranian Mines and Mining Industries Development and Renovation Organization plans to issue a tender calling on foreign and domestic investors to finance 15 newly-discovered mineral zones,…
Business And Markets
<p>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.</p>
Super-large container ships (between 100,000 DWT and 120,000 DWT) would be able to dock in Chabahar’s Shahid Beheshti Port with the completion of Phase 1 of the development project of the…
Iran aims to achieve self-sufficiency in beet production within three years, a deputy agriculture minister said.
“The area under beet cultivation in fall this year stood at around 16,000…
In a business forum held in Rome on Monday, scores of Italian investors and economic officials voiced readiness to further expand their presence in various Iranian projects once all banking…
More than 14,800 residential units were sold in the Iranian capital during the month ending Nov. 21 to mark an increase of 18.5% year-on-year.
A total of 9.9 million checks worth about 615 trillion rials ($15 billion) were transacted in the seventh Iranian month Mehr (Sept. 23-Oct. 22), of which 1.6 million checks worth about 131…
Iran will use the recent flow of foreign finance it received mainly to fund export and energy sectors in addition to projects boosting jobs, the head of the Organization for Investment, Economic…
The administration of President Hassan Rouhani in its two terms has not borrowed anything from the Central Bank of Iran, the Ministry of Economic and Finance Affairs announced in a statement.
The High Council of Free Zones and the Organization for Investment, Economic and Technical Assistance of Iran have signed a memorandum of understanding to boost foreign direct investment in free…
Tehran Stock Exchange’s main index gained 186.01 points or 0.21% to end Sunday trade at 90,655.5.
About 1.54 million shares valued at $72.59 million changed hands for the day.
…
Iran’s exports to Syria have been on the rise since the 2014-15 fiscal year–the lowest ebb of $103.013 million over the last 10 years.
The highest level of exports during the period…
Bulls are reigning over Tehran Stock Exchange these days, after its benchmark index recorded the highest daily growth in 13 months on Saturday and zoomed past its all-time high reached four…
Teriparatide (a prescription medicine used to treat osteoporosis) has been removed from the list of medicines covered by insurance for 45 days now, the head of Iranian Rheumatology Association,…
As part of its roadmap until the end of the second term of President Hassan Rouhani in the fiscal 2021-22, which will coincide with the turn of the Iranian century, Bank Maskan—the agent bank of…
Bank Melli Iran, through its affiliate Bank Kargoshaee, has launched a three-day auction to deflate the gold coin bubble in Tehran's market.
According to domestic gold market…
The government’s proposal for a trilateral swap deal involving the state, private contractors and banks has been met positively by the private sector whose chief executive said it will…
The Social Security Organization has moved to block all accounts belonging to Tehran Municipality after the urban administration failed to clear its debts dating back to at least two years ago…
Cheap fuel prices in Iran, costing less than 10% of the global average, are the main reason for the popularity of road transportation, which is responsible for the excessively high number of…
A recent regulation introduced by the Supreme Administrative Council prohibits the promotion of employees with more than 25 years of experience or those over 55 years to management posts.
There seems to be no end in sight to Mobarakeh Steel Company’s expansive domination in the Iranian steel industry, as the country’s largest steelmaker has announced plans to buy a stake in Iran’…
Iranian steel billet has been quietly gaining acceptance in the global market, because of its attractive prices compared to material from other suppliers.
In the first half of the…
Some 2.2 million tons of bitumen worth $410 million were exported from Iran during the seven months to Oct. 22, registering a 17% rise in weight and 6% fall in value compared with the similar…
The share of life insurance in the overall portfolio of the Iranian insurance industry is meager, a fact that a board member of Middle East Insurance Company, which specializes in life insurance…
Any attempt by Iranian banking system to receive fees for providing services to government-owned accounts lacks any legality, according to a letter forwarded by the Department of Financial…
Iran’s High Council of Cyberspace, one of the main entities deciding the fate of virtual currencies in Iran, has welcomed the idea of Bitcoin and other cryptocurrencies if they are harnessed by…
