Monday’s trade at the Iran Mercantile Exchange included the offering of 400 tons of corn, priced 8,500 rials per kg, by a local supplier on the agricultural trading floor on Monday, IME’s public…
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 United Nations Industrial Development Organization (UNIDO) will be the co-organizer of the first international conference in Iran on holding and investment companies, dubbed Iran Holdings,…
With the possibility of economic recovery, the shipping sector will be a major beneficiary of an easing of sanctions imposed on the country over its nuclear energy program, as the international…
Lingering worries along with ambiguities surrounding the equity market have kept dragging down the TEDPIX since November 12, notching new record lows within the past 15 months.
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A new social media account in the Persian language popped up on many people’s screens in the past week, a jar of pickles with the name Hastiya slapped across the front , strange at first to most…
Managing Director of Kish Free Zone Organization, Ali Asghar Mounesan, says the KFZO has begun to complete the semi-finished infrastructure projects on the Persian Gulf island.
The Central Bank of Iran (CBI) published a summary of its “General Report of Economic Developments in 1392” (ending March 20, 2014). The published report is considered to be the most comprehensive…
Interest rates of investment accounts in commercial banks fell slightly at the beginning of the Iranian month of Dey (starting on December 22), in line with the new instructions issued by Central…
Creating stability in banking and monetary policy is the key goal of the Central Bank of Iran (CBI) governor as he seeks to make the economy more predictable.
Valiollah Seif said on Monday…
The insurance sector needs innovation and a diversification of products, says the CEO of the Alborz Insurance Company.
“Less than 10 insurance products and services were created in the past…
The recently announced update for the 500 thousand Iran Check has begun production, Majid Sanaie the head of minting for the Central Bank of Iran announced. The bank check now comes with a…
One of the unassuming annoyances of running a commercial site within Iran is not having access to online advertisement payment systems.
E stimates conducted by government organizations suggest that 40% of country’s GDP is exempt from paying taxes. The Financial Tribune looked into the percentage and based on the estimates our…
The reduction of multiple foreign exchange rates from three to two – official rate and market rate – and the handling of rial’s depreciation in the market by the Central Bank of Iran (CBI) were…
The Iranian Cement Association said the only solution to the problems the cement industry currently faces is to let the private sector engage in cement production process, reported IRNA. Mohammad…
Individual and institutional investors’ unsettled sentiment is making them sell their stocks at rock-bottom price, as the equity market continues heading down, pushing the Tehran Stock Exchange (…
Iran supplies only 5% of Iraq’s annual demand for steel (8 million metric tons), a member of the Iranian Steel Producers Association (ISPA) told IRNA, adding that Iran’s share in Iraq’s steel…
In a metallic trading day at the Iran Mercantile Exchange (IME), Khuzestan Steel Company (KSC) offered almost 135,000 tons of bloom on the industrial and mining trading floor on Sunday, IME’s…
The financial statements have been signed to help remove the last obstacle in the way of privatization of the two major state-owned football clubs, Persepolis and Esteghlal, said Jaafar Sobhani,…
Mobarakeh Steel Company has established the first production line for interstitial-free (IF) steel, reported iribnews on Saturday. IF is mainly used in manufacturing car bodies. It has typically…
The new management of the Securities and Exchange Organization has provided a 5-year comprehensive plan to transform Iran's bank-based financial system into a market-based system – with special…
The administration would not tolerate any delays in the implementation of major steel projects across the country, said the minister of industry, mine and trade during his visit to a steel project…
The Iron Ore Producers and Exporters Association of Iran (IROPEX) criticized the government for a 300% increase in mining royalties, mentioning Australia as an example that reduced the mining…
Currency prices will not fluctuate like the past, as the central bank now has the power to calm the market, said economy minister Ali Tayebnia. He responded to a question on whether the recent…
Allegations that the government withdrew $4.1 billion from the country’s sovereign wealth fund, are baseless, said the government’s spokesman, Mohammad Bagher Nobakht.
“Those who have…
