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 08,2018The government is intervening in the pricing of base metals in the local market, again. At the behest of Industries Minister Mohammad Shariatmadari, his deputy Hassan Younes Sinaki has recently... -
April 08,2018The Central Bank of Iran allocated $48 billion in hard currency for imports during the last fiscal year that ended on March 20, 2018, according to its governor, who put it down to new openings in...
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April 08,2018Foreign exchange rates continued to surge in Tehran's market amid confusion about the causes of the rally, as both Economy Minister Masoud Karbasian and Governor of the Central Bank of Iran...
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April 08,2018Iranian miners paid 6.74 trillion rials ($134.87 million) in mining royalties to the government during the first 11 months of the last fiscal year (March 21, 2017-Feb. 19), indicating an 88.1%...
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April 08,2018Tehran Stock Exchange’s main index lost 438.53 points or 0.45% to end Sunday trade at 96,341.3. About 794 million shares valued at $32.70 million changed hands at TSE for the day. Trading at TSE...
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April 08,2018As the new fiscal year started on March 21 and the banking system expects major reforms, the issue of payment services’ fees poses a huge challenge to the electronic banking sector. At present,...
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April 08,2018The Central Bank of Iran has eliminated another use of foreign currencies at official rates, announcing through a directive that as of the beginning of the current fiscal year on March 21, students...
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April 07,2018Ahead of the publication of the latest regulatory framework by the Central Bank of Iran for fintechs operating electronic wallets and account management facilities, the regulators’ deputy for...
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April 07,2018With the US dollar's exchange rate remaining above the psychological threshold of 50,000 rials in Tehran's market, lawmakers frustrated with the performance of the Central Bank of Iran in managing...
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April 07,2018As the future of the Iran nuclear deal looks increasingly uncertain, European diplomats are hard...
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April 07,2018Atieh Damavand Investment Company is planning to sell an 8% stake in Insurance Industry Investment Company worth over 180 billion rials ($3.6 million) on April 11. The block share is made up of...
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April 07,2018Iran Airports Company registered 455,613 takeoffs and landings in the last Iranian year (ended March 20, 2018), which registers an 8% rise compared with the year before, the Ministry of Roads and...
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April 07,2018Iran has been experiencing volatility in its foreign exchange and gold markets in the past few months, but the minister of economic affairs and finance has vowed that this is only temporary and the...
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April 07,2018The Central Bank of Iran has released new details about its decision to impose forex exchange controls on imports from Turkey, China, South Korea and India. According to a statement published on...
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April 07,2018Tehran Stock Exchange’s main index lost 370.63 points or 0.38% to end Saturday trade at 96,779.9. About 646 million shares valued at $27.66 million changed hands at TSE for the day. Trading at...
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April 07,2018The third edition of ‘Iran Green Trade Fair’, also known as IGTF 2018, is scheduled to open on April 19. Tens of domestic and foreign companies will have the opportunity to showcase their latest...
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April 06,2018Iran is yet to fully regain its status in the global banking industry following the implementation of the 2015 nuclear deal that provided sanctions relief, and in case of Sweden, it hopes that...
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April 06,2018Close to $2 billion worth of nuts and dried fruit were exported from Iran in the last Iranian year (March 2017-18), registering a 9% decrease compared with the corresponding period of the year...
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April 06,2018Mohammed bin Ahmed bin Towar Al Kuwari, vice chairman of Qatar Chamber of Commerce and Industry, met...
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April 06,2018The Central Bank of Iran announced that its finance deal with Austria's Oberbank has not been halted after a report suggesting otherwise emerged in the past few days. "As Austria's ambassador to...
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April 06,2018The Central Bank of Iran is to resume its auction and presale of gold coins as of Saturday. According to IBENA, a news website affiliated with the regulator, CBI had launched the two schemes during...
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April 06,2018Iranian exporters of semi-finished steel products returned to the market after the Iranian New Year holidays late last month with price reductions that followed the trend in the wider global...
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April 06,2018The government has finally dialed down import duties on various types of flat steel, despite objections by producers and even government bodies such as Iranian Mines and Mining Industries...
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April 06,2018Iranian exporters of semi-finished steel products returned to the market after the Iranian New Year...
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April 06,2018Institute for Trade Studies and Research, the think tank of the Ministry of Industries, Mining and Trade, concluded in a recent report that longstanding policies practiced by consecutive...
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