The value of transactions conducted via electronic banking services in the past six months was 4,261 trillion rials ($160 billion), said a board member of Pasargad Bank on Sunday. The figure is 15…
Business And Markets
<p>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.</p>
About 55 grades of polymers of 18 petrochemical complexes were offered at the Iran Mercantile Exchange on Tuesday, the IME’s international affairs and public relations reported.
More than…
The stock market’s main benchmark, the TEDPIX, stood in green as most of the indices contributed to the current uptick, with car manufacturers and auto spare parts industries helping the TEDPIX to…
The government along with the parliament has proposed 3 formulas to determine the long-run price of petrochemical feedstock, though the oil ministry believes that a joint meeting with…
Minex 2014 kicked off at Imam Khomeini Mosalla in central Tehran, showcasing the latest equipment and mining technologies, domestic productions, and related services. It also introduces investment…
As one of the biggest fairs in the Middle East, the 13th International IRAN HVAC&R 2014 will be held on 17-20 Oct at the Tehran international permanent fairground, IRIB reported.
The second biennial international conference on banking industry and global economy (ICOBIGE) with a focus on banking systems and emerging economic environment is to be held on October 21-22, in…
The minister of economic affairs and finance has called on the Islamic Development Bank (IDB) to accelerate the project approval process.
Iran needs to invest on its insurance infrastructure if it wants to increase the amount of foreign investment inflow from Europe, the United States and Asia, said an official of the United…
Despite Western sanctions against Iran, world businesses seem to be interested in the Iranian market as a number of key players and former officials are preparing to attend an unprecedented…
Tejarat Bank’s stockholders ratified a new statute in their Extraordinary General Assembly meeting on Sunday, the bank’s public relations office reported.
Over 93 percent of stockholders,…
Twitter will this week launch a new online payment system in cooperation with French bank Groupe BPCE. France’s second largest bank by costumers agreed last month to set up the system in which…
The MINEX 2014 in Tehran simultaneously hosts the 3rd annual exhibition of mines and mining industries, the 3rd conference on investment opportunities in the sector, and the 5th …
Thailand’s Foreign Trade Department has said his country would resume exporting rice to Iran as soon as Tehran lifts an import ban on Thai rice.
Three years ago, Iran imposed the ban after…
Iranian steel companies have been making every effort to obtain raw material, lack of which has left no room for steel businesses to concentrate on developing strategies, said general manager of…
Over 210,000 tons of commodities from 7 countries were offered at the Iran Mercantile Exchange on Sunday, the IME’s international affairs and public relations reported.
Agricultural…
Iran Khodro (IKCO) has announced it will provide new variations of its popular Tondar (Logan) models in the Iranian market. The deputy director of the Tondar line, Reza Motamed, said IKCO…
The government should place a higher priority on mining industry in its 20-Year Vision because the global slump in the price of iron ore has led to closure or semi-closure of roughly 23 mines in…
Tehran stocks were seesawing on Saturday mainly because of the continuous deflation of investors’ optimism but there was no major slump at the end. At Saturday’s close, the main index, TEDPIX, was…
Iran's raw steel production capacity will surge to 40 million tons from its present 15-17 million tons, Mehdi Karbasian, Deputy Minister of Industry, Mine and Trade said Saturday.
Iran’s $200-million decorative stones export per year suggests that the country has not succeeded in seizing the consumption market, said the Iran Mine House group.
The Statistical Center of Iran said the average price for one square meter of land in the north of the capital Tehran is 87,870,000 rials ($2700) while the average in the south is 19,640,000 rials…
Unless a country observes international standards, it cannot achieve development goals, said the minister of communication and information technology on Saturday.
The Export Guarantee Fund of Iran (EGFI) first needs to increase its capital assets to $500 million if it is to finance 10 percent of the costs of the country’s non-oil exports and foreign…
Chabahar Port is nestled on the southeastern edge of Iran facing the Gulf of Oman and just touching the Indian Ocean. It is the most southerly port in the entire country.
