The Tehran Stock Exchange overall index pulled up 0.29 percent at Monday’s close, snapped a 6 day losing streak, and was pushed by all indices that settled in green.
After a 6 day…
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.
Based on negotiations held with officials at the Iran Mercantile Exchange (IME), cement will once again be offered at the IME's export trading floor within the next month, ISNA cited the secretary…
Around 300 tons of zinc ingots, 60 tons of copper wire, and 84,700 tons of steel sections were offered at Iran Mercantile Exchange’s industrial and mining trading floor on Monday, IME public…
Iran Fara Bourse recorded the highest trade value since April 21, with 164,530 shares changing hands, valued at $72.24 million, IFB public relations reported.
IFB’s main index snapped its…
Iran’s economy is recovering from a deep recession and inflation has fallen from historic peaks. Some believe the recession and the 2012 currency crisis were brought about by the sanctions the…
The results of a new study in Iran shows that “wage” and “availability of bank loans” are the two major factors affecting the cost of capital in a manufacturing firm, and not the lending rate as…
After much heated debate in recent weeks, deposit rate cuts were finally implemented on May 6 but, as forecast by analysts, some banks are reluctant to abide by the new mandate just as readily.…
Plans are underway to facilitate investment in free trade zones through the financial sector, an official with the Supreme Council of Iran Free Zones announced on Saturday. The council is revising…
Stocks rout at the Iran Fara Bourse (IFB) dragged down the benchmark IFX to slip 9.41 points or 1.3 percent to settle at 710.63 at Sunday’s close, IFB public relations reported.
More than…
Nearly 60,000 tons of various commodities, valued at more than 583 billion rials were traded at the Iran Mercantile Exchange spot market in an abysmal trading day on Sunday.
The CEO of Turquoise Partners, one of the core intermediaries in the private sector between Iran and the international community, has warned that foreign investors still face hurdles when they…
The gloom hanging over the economy due to recession, along with systemic and systematic risks at the Tehran Stock Exchange resulted in massive selloffs at the equity market on Sunday trading.
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Iran has a rich background in textile industry, as carpet weaving, loom weaving, dyeing, and embroidery have been practiced in the country for millenniums. It is also among the first industries…
The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) are collaborating with Tehran Chamber of Commerce, Industries, Mines, and Agriculture to boost efforts to…
The industrial sector’s share from banking loans in the current Iranian calendar year (started March 21) will increase by 10 percent to reach $61 billion, ISNA quoted deputy industry minister…
Iran Fara Bourse (IFB) is gearing up to reveal new indices which could significantly help investors hedge their bets by picking stocks more carefully, IFB public relations quoted head of IFB, Amir…
China has deposited the first tranche of the pledged 1,8 billion euro investment for the seven national steel projects known as Provincial Steel Projects after a months-long delay, Fooladnews…
An international building and construction exhibition titled ‘Big 5 Construct Indonesia’ ended in Jakarta on Saturday. As IRNA reported, 200 companies from 20 countries including the US, Germany,…
The all-embracing bearish trend at the equity market spooked individual and institutional investors at Saturday’s close, with the Tehran Stock Exchange notching a record low since March 28.
One year after the government expressed its intention to issue sukuk or Islamic bonds as a tool to clear its debts, no serious action has yet been taken in this regard, Financial Tribune sister…
Sterling rose to a two-month high against the rial as the euro fell and the dollar remained steady on Saturday in Ferdowsi Street – the heart of foreign exchange in Iran – which trailed Friday’s…
A trade expert has criticized the currency deals the Iranian government has recently signed with several neighboring countries, saying none will benefit the national economy.
Last week the…
Shahr Bank is growing its capital to over double its current amount, said the lender’s chief executive.
Hossein Mohammad Pourzarandi said, Shahr Bank (City Bank) intends to increase its…
The minister of economic affairs and finance stepped up his criticism of unauthorized banks and financial institutions in his latest comments on the issue, saying the government “would have zero…
After a four percent cut in lending rates for businesses which was approved last week, now struggling industries are set to benefit from further discounts.
The mandate comes as the…
