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.
July 21, 2023 18:51
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September 26,2018Iranian steel mills produced a total of 16.43 million tons of crude steel during the first eight months of 2018, up 21.6% compared with last year’s corresponding period. According to the latest... -
September 26,2018Iran currency market was hit with a new bout of volatility on Wednesday with the US dollar crossing another threshold on the open market. According to the Tehran Gold and Jewelry Union website, the...
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September 26,2018A total of 95.83 tons of saffron worth around $123.73 million were exported from Iran during the first five months of the current Iranian year (March 21-Aug. 22). This shows a 37% and 33% growth...
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September 26,2018Iran’s exports to Iraq stood at more than $4.16 billion during the first half of the current Iranian year (March 21-Sep 22), registering a 31% rise compared with the similar period of last year,...
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September 25,2018Foreign exchange rates were again defiant and continued to climb on Tuesday with the US dollar surpassing the all-time high of 160,000 rials. According to the Tehran Gold and Jewelry Union...
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September 25,2018Major Iranian stock indexes vaulted to fresh records on Tuesday, sending the TEDPPIX past the 170,000 mark for the first time. The milestone came as the rial's misfortunes were reflected in...
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September 25,2018Iran has specified the amount of prescription medicines passengers are allowed to take onboard international flights.
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September 25,2018The Ministry of Industries, Mining and Trade has banned the export of tomatoes from Iran until further notice. Director General of the Islamic Republic of Iran Customs Administration's Export...
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September 25,2018Iranian lawmakers on Tuesday approved two bills related to the Iran Action Plan with the intergovernmental Financial Action Task Force. The Guardian Council had earlier found faults with the two...
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September 24,2018Tehran Stock Exchange set a fresh record high on Monday as investors received more positive news on corporate earnings, especially export-oriented stocks that have benefited the most since the rial...
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September 24,2018Iran traded 343,170 tons of non-oil commodities worth $408.18 million with Japan during the first five months of the current fiscal year (March 21-Aug. 22)
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September 24,2018A total of 4.13 million tons of finished and semi-finished steel products were exported from Iran during the first five months of the current fiscal year (March 21-Aug. 22) to register a 27.72%...
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September 24,2018The foreign exchange market heated up again on Monday to post fresh records for the US dollar and other major currencies as they gained considerably against the plummeting rial. The dollar was...
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September 24,2018After experiencing four consecutive quarters of growth, the Industrial Production Index for large manufacturing units in Iran registered a downturn during the first quarter of the current fiscal...
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September 24,2018The Statistical Center of Iran has published its latest report on the state of home and land prices in addition to rents, which indicates all have significantly increased across urban areas in the...
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September 24,2018Banks and credit institutions allocated 2.4 quadrillion rials ($16.82 billion) to various sectors during the first five months of the current fiscal that ended on August 22, the Central Bank of...
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September 23,2018Tehran stocks rose solidly on Sunday, recording another all time high for the equity market and topping off a series of back-to-back records that has kept the market heated since summer. The new...
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September 23,2018New data show property deals in Iran are on a downward trajectory, suggesting that the housing sector may be facing another bout of recession. Preliminary figures extracted from the state-run...
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September 23,2018The Central Bank of Iran issued 20 permits as of Saturday for banks and credit institutions to hold their annual general meetings for the previous financial year that ended in March. According to...
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September 23,2018Around 2.94 million tons of agricultural and food products worth more than $2.63 billion were exported from Iran during the first five months of the current Iranian year (March 21-Aug. 22), to...
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September 22,2018Since the beginning of the fiscal 2018-19, the Iranian rial has, as economists say, “gone through...
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September 22,2018Governor of the Central Bank of Iran said on Saturday that since his bank allowed the import of hard currency by money exchange houses and other legal and natural persons, the inflow has been...
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September 22,2018A look at the balance sheets of Iranian banks and credit institutions shows that their capacity to create money and allocate credit has been significantly influenced by the current state of...
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September 22,2018Tehran Stock Exchange’s main index gained 3,209.53 points or 2.04% on Saturday to end trading at 160,538.2. About 4.62 billion shares valued at $118.10 million changed hands at TSE for the day....
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September 22,2018Iran produced 24.08 million tons of cement during the first five months of the current fiscal year (March 21-Aug. 22). “This registers an increase of over 244,000 tons compared with last year’s...
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