Over the past decade, the packaging industry has transformed itself from a protective box into a full-fledged product. From large delivery companies like Amazon, to tech-giants like Apple, to a…
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 Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) says the country will present its investment opportunities in the copper sector during the 14th World…
Latest statistics by the World Steel Association show that crude steel production in Iran during the first two months of 2015 recorded 15% growth compared to the similar period in 2014, reaching 2…
Close to 96,000 tons of various goods were offered at the Iran Mercantile Exchange (IME)’s spot market during Saturday trading.According to IME public relations office, the agricultural trading…
The Tehran Stock Exchange (TSE)' breathtaking rallies at Saturday close helped all indices to record unprecedented gains, with the TEDPIX soaring 3.19 percent to underscore TSE's hidden potential…
Following the tentative agreement between Iran and the P5+1 (Russia, China, France, Britain, the US plus Germany) over Tehran’s nuclear energy program which was announced Thursday in Lausanne, it…
The Central Bank of Iran lifted a ban on acceptance and processing of one billion rial checks issued by two private banks Ayandeh and Sarmayeh, banker reported on Saturday.
In early…
Central Bank Governor Valiollah Seif said on Saturday that the bank will by no means intervene in the currency market even if the dollar or other foreign currencies may start losing value against…
The rial rose against all major currencies on Saturday, as bullish bets on the Iranian economy increased on the promise of the lifting of the western sanctions against Iran’s economy.
The total value of bounced promissory notes and bills of exchange plummeted 32.6 percent to three trillion rials ($93.4 million at market exchange rate), in the 11 months ending Feb. 19.
Central Bank Governor Valiollah Seif has urged commercial banks and credit institutions to take fresh measures to implement instructions outlined by the Leader Ayatollah Seyed Ali Khamenei on the…
Iran’s second largest mobile phone operator by number of customers, MTN-Irancell, has launched a new wireless internet service for people visiting popular areas in northern Tehran, its PR office…
Paid claim losses by Iranian insurance firms grew by 20.7 percent year-on-year in the 11 months ending on Feb. 19, Eghtesad News reported.
I ranians headed for nature to spend the 13th day of the new Iranian year shaking off misfortune, in a ceremonial way. Some were eyeing Lausanne, Switzerland.
The Central Bank of Iran announced it has received another tranche in frozen assets from the Omani Central Bank as part of the original Joint Plan of Action deal which was signed by Iran and the…
The Iranian administration is determined to reduce the interest rate in the fiscal year ending March 2016, a senior official announced on Monday. “In light of the new decisions, the interest rate…
The Iran Mercantile Exchange (IME) was bustling during the five working days of the new year (started March 21), with future trade volume and value recording 58 and 45 percent growth respectively…
The minister of industry, mine, and trade has lauded Iran’s presence at the upcoming Expo Milano 2015, IRNA reported. Regarding the expo’s main theme of “human nutrition” the Iranian booth this…
Spring-time rallies within the first five working days of the Iranian new year (started March 21) at the Tehran Stock Exchange (TSE) has evaporated massive losses incurred by refining companies'…
The Iranian furniture industry has over the past years experienced tangible growth, however experts believe adverse government policies have prevented the industry from unleashing its full…
The deputy minister of industry, mine and trade says Iran is engaged in serious negotiations with Kazakhstan for cooperation in iron ore, steel, zinc, and aluminum sectors, IRNA reported.
The deputy minister of industry, mine, and trade has predicted that growth in the mining sector would hit 15% in the new Iranian calendar year (started March 21), Mehr news agency reported.
The parliament has urged immediate identification of the heavy debtors who officials say have deviated banking resources towards brokerage and speculative activities in the past decade,…
The rial will strengthen after the start of the upcoming Iranian year which starts on March 21, said head of Tehran’s Gold and Jewelers Union.
MTN-Irancell, Iran’s second largest mobile telecoms company by number of subscribers, has announced it won three golden trophies at the seventh Iranian Technology Stars Festival.
Innovation…