The Azadi gold coin rebounded from a two-month trough on Monday as lower prices spurred more buying from investors who curbed their enthusiasm about Iran and the world powers striking a nuclear…
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.
The Export Development Bank of Iran (EDBI) plans to cooperate with the National Development Fund of Iran (NDFI) to boost export activities, an official said on Monday.
Head of Iran’s Mines and Mining Industries Development and Renovation (IMIDRO), Mehdi Karbasian last week announced that all incomplete or pending steel projects have resumed their activities over…
The Tehran Stock Exchange (TSE)’s overall index tumbled at Sunday’s close to snap 11 days of winning streak, and wipe out piled up gains to spur concern among both institutional and individual…
Minister of Industry, Mine, and Trade, Mohammad-Reza Nematzadeh expressed hope on Saturday that Iran would soon be able to export diesel engines to European countries.
Crude steel production in Mobarakeh Steel Group exceeded 6.17 million metric tons during the first ten months of the current Iranian year (ending January 20), ILNA reported. The group’s three…
Three steel mills will be set up on the southern coasts of the country, according to the Iranian Mines and Mining Development and Renovation Organization (IMIDRO), Mehr news reported. The three…
Bank Mellat comes to be the first Iranian bank – after Bank Maskan which has been specialized in providing mortgage loans – to allocate a special fund for such a purpose.
A recent decision by the Central Bank of Iran for banning acceptance of checks issued by three banks, including Iran Zamin Bank, was made due to negative balances of the private banks, said Kamal…
The stagnant state of the economy has disrupted company earnings, causing firms to delay paying their debts to commercial banks. So, with non-performing loans continuing to pile up, the banks will…
Banks are suffering losses due to the electronic services they provide as the commissions charged on the services hardly cover 10 percent of the expenses, manager of payment systems of the central…
The US dollar along with a basket of major currencies depreciated against the rial over the first two working days of the Iranian week, with private bueraux de change in Tehran trading the dollar…
The Iranian Steel Producers Association (ISPA) has urged the minister of industry, mine, and trade to help put an end to the use of official-exchange currency for the import of steel products,…
The housing market in Tehran, unique in Iran because of the amount of capital that flows into it, has been on a bumpy ride for the past two years. It has faced rapid price surges as well as a…
Launching new equity market indices, the Financial Stability Committee's (FSC's) agenda, introducing new financial instruments, the panics surrounding the equity market, online trade at the Iran…
Stocks maintained ground and extended their winning streak at the Tehran Stock Exchange (TSE), with the overall index edging up 0.02 percent at Saturday's close to linger at the 65,000-point mark…
The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) says the three aluminum manufacturing companies it owns produced more than 293,500 metric tons of ingots…
Car production during the first ten months of the current Iranian year (until January 20) indicate a 61.4% increase compared to the similar period last year, Eghtesadnews reported. Domestic…
The Iranian government is using all avenues to boost the lackluster mining industry, as the country is losing its mining market share due to lack of funding for exploration and exploiting mineral…
F erdowsi Street in central Tehran is Iran’s busiest center for currency trading, both legal and under the counter. During one trading day alone millions of dollars worth of exchanges take place…
The Azadi gold coin tumbled 2.24 percent on Saturday following gold's drop in the international markets on Friday, as US economic data beat expectations, changing the outlook on US interest rates…
CEO of Bank Maskan – specialized in providing mortgages – has backed the idea of increasing mortgage ceiling in big cities to 600 million rials ($17,400 at market exchange rate) from 350 million…
Implementation of the Privatization Law has highlighted the role of the private sector with numerous comments by the officials who have praised Iran’s private sector and its crucial role in the…
Australian company UCL has signed an agreement with the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) for $1 billion invest in a zinc mine in Mehdiabad, near…
Stocks at the Tehran Stock Exchange (TSE) maintained 10 days of winning streak to portray a momentum at the equity market that stocks are roaring back to gradually wipeout TSE's massive 12-percent…
