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.
July 21, 2023 18:51
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April 20,2018Iran’s banking system is now preparing a new credit card scheme for supporting locally produced goods, following a previous plan that failed to take off. “In the meetings that we had with state-... -
April 20,2018Coming out of a relatively good year, Tehran stocks had a tumultuous month ridden with ambiguities in the first month of the new fiscal year, Farvardin (March 21-April 20). TSE’s main index TEDPIX...
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April 20,2018Iran’s largest holding, the financially troubled Social Security Investment Company, also known by its Persian acronym Shasta, has called on the government to help finance several infrastructural...
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April 20,2018Flat steel import trade in Iran has been almost non-existent in the past several weeks, because...
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April 20,2018Lawmakers have revised regulations for the ownership of non-governmental banks and credit institutions, which will remove ambiguities surrounding the ownership of these entities in the past. ...
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April 20,2018It is too soon to pass judgment on the administration’s decision to fix the US dollar’s exchange rate at 42,000 rials, the deputy economy minister for banking and insurance said. Abdolrahman Nadimi...
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April 20,2018A ferrochrome plant with a 60,000-ton per year capacity was inaugurated in Kerman Province’s Rafsanjan Special Economic Zone on Thursday. Launched in the fiscal 2014-15, the project was...
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April 18,2018Iran Air, the country’s flag carrier, will take delivery of 14 brand-new airplanes, include three Airbus jets, three Boeing jets in addition to eight ATR turboprops, by the end of 2018, if it...
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April 18,2018The Sixth International Conference on Powder Metallurgy for Automotive Parts, also known as PM Auto 2018 concluded in Isfahan Province on Wednesday. The two-day conference was jointly held by...
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April 18,2018A senior lawmaker announced that a pending legislation for implementing Iran’s action plan set by the Financial Action Task Force will be approved by late September. Mostafa Kavakebian, who is the...
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April 18,2018For preventing speculative activities in Iran’s currency market and supporting authorized bureaux de change, 80 uncertified money exchange shops have been closed in the past six days while dozens...
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April 18,2018The 25th International Exhibition of Detergent, Cleanser, Hygienic Cellulose Products and Machinery, also known as “Iran Beauty and Clean 97”, is scheduled to open at Tehran’s International...
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April 18,2018Iran’s agricultural and food exports amounted to around 6.13 million tons worth $5.93 billion in the last Iranian year (March 2017-18), registering a 5% and 4% growth in weight and value...
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April 18,2018China’s Shandong Linglong Tire Company (Linglong) is reportedly hesitant about going ahead with...
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April 18,2018More than 1.75 billion transactions worth more than 1.91 quadrillion rials ($45.47 billion) were registered by Shaparak, Iran’s payment settlement network, in the final month of the previous fiscal...
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April 18,2018Tehran Stock Exchange’s main index gained 1.19 points on Wednesday compared to the day before to end trade at 95,523.9. About 426 million shares valued at $26.04 million changed hands at TSE for...
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April 18,2018President Hassan Rouhani's administration on Wednesday officially discarded the US dollar as its currency of choice for financial reporting and opted for the euro. As per the directive approved...
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April 17,2018Tehran Stock Exchange’s main index gained 16.53 points or 0.2% on Tuesday compared to the day before to end trade at 95,522.7. About 523 million shares valued at $32.68 million changed hands at...
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April 17,2018Iran’s non-oil trade with the UAE hit $16.83 billion in the last fiscal year (ended March 20, 2018), registering a 21.18% rise compared to the year before, Islamic Republic of Iran Customs...
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April 17,2018The Majlis Economic Commission said on Tuesday that it fundamentally agrees with the government's recent measures to control the foreign exchange market, although some of the executive decisions...
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April 17,2018Iran and Turkey have started implementing a deal finalized by the two neighboring countries last year to use their national currencies in mutual trade with the first letter of credit being opened...
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April 17,2018Despite an acute water crisis, the Iranian government is striving to maintain the quantity and quality of its agricultural products at levels that sufficiently meet—at least with regard to select...
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April 17,2018In a continuing strategy of exploring previously untapped markets, Turku-based hamburger...
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April 17,2018Currently, about 700 licensed money exchange shops are active throughout Iran and each of them has entered the market with a minimum capital of 40 billion rials ($953,000), the head of the Iranian...
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April 17,2018An entity established by Iran's private sector for attracting foreign investments mainly by identifying and introducing feasible projects has begun its work in earnest in recent months. The Center...
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