Russian Railways JSC plans to build and electrify the railway from Iran to Azerbaijan and further extend it to Russia, RIA Novosti reported Monday.
The chairman of the transport committee…
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 amount of capital raise within the first 7 months of the year (March 21-September 22) has reached last year’s total inflow of money, demonstrating that financial instruments including the…
The Interexchange Electronic Union (IEU) officially approved the membership of the Iran Mercantile Exchange (IME) on the second day of its international meeting in Tehran on Monday, reported SENA…
The Iran Energy Exchange (IEE) is ready to start trades of petroleum and natural gas through the Interexchange Electronic Union (IEU) only if the oil ministry agrees with it, said Ali Hosseini,…
The world economy is undergoing major shifts. On the back of a resurgent US economy and falling global demand, oil prices have hit four-year lows. But oil has not been the only victim of the…
The governor of the Central Bank of Iran said on Monday that a possible reduction of the reserve ratio would lead to an increase in liquidity and inflation.
Demands by foreign investors to enter the Tehran Stock Exchange (TSE) have grown and recently a European financial institution has gained the permission to invest $20 million in the market, said…
A new Initial Public Offering (IPO) pushed the market cap up by 600 billion rials, while the Tehran Stock Exchange’s main index (TEDPIX) slid briefly to end in red territory for the second…
New production lines for three Renault products will be set up in Iran, the auto policy council’s spokesman told Tasnim news agency on Sunday.
In a meeting between Renault Company officials…
The number of trading codes, by November 24 this year, at Iran’s equity market reached 7,760,000 – up 14.5% compared to the same day last year with 6,776,341 trading codes, said an official at…
The ongoing stagnation in the steel market is expected to worsen due to winter and China’s dumping policy, said a member of Iranian Steel Producers Association (ISPA).
Officials from the Interexchange Electric Union (IEU) and the Iran Mercantile Exchange plan to begin the exchange of various commodities once the required infrastructures are ready, an IEU…
More than 11.7 million tons of cement was exported during the first seven months of the current Iranian year, which started March 21, Mehr news quoted the ministry of industry, mine, and trade as…
The offering of creation units by the Industries Renovation Company of Iran (IRCI) will be available in the equity market on December 1, accounting for 91,630,000 shares, with the base price of 3,…
France's largest auto maker, Renault, has begun talks with Iran's number 2 car producer Saipa, to buy "up to 20 percent" of the shares of Iran's third auto producer Pars Khodro, Trend reported…
The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) says it has advised the ministry of industry, mines, and trade to liberalize iron ore prices, reported…
Cooperation between the stock exchanges as members of the Interexchange Electronic Union (IEU) would offer them several advantages including increase in the value and volume of trade exchange,…
After the TEDPIX's broad rallies within the past 10 days, indices lost steam, wiping out part of the recent gains on the week's first trading day, failing to continue pushing the market's…
A Tehran-based company has announced they have for the first time in Iran produced British Standard BS-8300 grab bars for the use in occupational medicine and physiotherapy. The company, KTMA,…
The CEO of Bank Melli, the largest state-run commercial bank in Iran, said Saturday that the central bank is unlikely to take any measure within the next 6 months to further cut interest rates on…
The insurance industry is poised for steady, double digit growth in the near future, analysts predict. The driver of this growth will be an increase in the number of policyholders, most of whom…
The Azadi gold coin bounced off a ten-month low and advanced by 1.27 percent on Saturday, as Tehran’s market responded to the metal’s global jump on Friday.
Iran will establish overseas hubs for the export of its technological products, said the deputy of international affairs for the Vice-Presidency for Science and Technology on Saturday.
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The Ports and Maritime Organization of Iran said it would grant interest-free loans to individuals who apply to buy passenger ships, according to the director of Bushehr province’s ports authority…
Foreign investment will pour into the mining sector and mineral industries of Iran as soon as western sanctions against the country are removed, an industry official told IRNA.
