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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May 25,2018Volvo Construction Equipment has offered to provide Iran with €200 million worth of mining machinery, Iranian Mines and Mining Industries Development and Renovation Organization reported. Volvo... -
May 25,2018Tehran Stock Exchange’s all-share index, TEDPIX, gained 505 points or 0.5% during the week that ended on March 23 to close at 95,445.1. Iran Fara Bourse’s benchmark index, IFX, gained 9.2 points...
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May 25,2018Shaparak, the entity in charge of Iran’s payment settlement network, announced processing more than 1.44 billion transactions worth over 1.17 quadrillion rials ($27.81 billion) during the first...
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May 25,2018The EU has announced its intention to protect European businesses that wish to continue...
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May 25,2018Iranian banks and credit institutions allocated 257.2 trillion rials ($6.13 billion) in credits during the first month of the current fiscal year to April 20, which were handed out in the form of...
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May 25,2018Commercial truck rental rates will increase by up to 20% as of Saturday, the deputy head of Islamic Republic of Iran Road Maintenance and Transportation Organization said. Noting that setting new...
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May 25,2018Germany’s small-to-medium-sized firms, or Mittelstand, are scrambling to work out how to maintain business in Iran after a meeting between Germany’s foreign minister and his US counterpart dashed...
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May 25,2018Iranian export steel billet prices picked up in the week ended May 23 because of the limited...
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May 25,2018Chairman of Majlis Economic Commission said on Tuesday a parliamentary measure to manage the foreign exchange market is still on the agenda, but lawmakers are giving the government more time to see...
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May 25,2018More than a week after US Treasury Department blacklisted Central Bank of Iran's Governor Valiollah Seif for his alleged "support for terrorism", the International Monetary Fund has released a...
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May 23,2018The Money and Credit Council approved the Central Bank of Iran’s proposals demanding a more stringent oversight of credit institutions and amendments to administrative procedures related to current...
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May 23,2018The third month of the current fiscal year (May 22-June 21) will witness 19 government-owned assets worth more than $109 million put up for sale both via capital market and tenders. The sales begin...
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May 23,2018Tehran's stock market is no stranger to systematic risk stemming from political turbulence. The primary political risk faced by stocks in recent years is arguably the fate of Iran's nuclear deal...
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May 23,2018Businesspeople that have validated their purchase orders are allowed to directly purchase their required foreign currencies from certified exchange shops through Nima, the Central Bank of Iran's...
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May 23,2018While Germany’s big banks are studiously avoiding Iran-related deals for fear of US reprisals, six credit unions, or Volksbanken, from southern Germany appear unafraid and are continuing to provide...
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May 23,2018Iran Mercantile Exchange launched saffron futures trading for the first time on Wednesday to develop the market for derivatives with new underlying assets. The futures' expiration date is set for...
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May 23,2018Tehran Stock Exchange’s main index gained 215.16 points or 0.23% on Wednesday to end trading at 95,445.1. About 849 million shares valued at $45.80 million changed hands at TSE for the day....
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May 22,2018As lawmakers discussed the amendment bill related to Iran’s Law of Combating the Financing of Terrorism, disagreements over certain issues, including the definition of terrorism and support for...
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May 22,2018Subsidiaries of National Iranian Copper Industries Company produced 107,795 tons of copper concentrate in the last fiscal year (March, 2017-18), registering a 15% growth year-on-year. Sarcheshmeh...
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May 22,2018Tehran Stock Exchange’s main index gained 2.53 points on Tuesday to end trading at 95,229.9, registering a slight change compared to the day before. About 645 million shares valued at $35.41...
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May 22,2018A senior member of Majlis Article 90 Commission presented the latest report on the state of non-performing loans of Iran's banking system in Tuesday's open session, which painted a highly...
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May 22,2018Two days after the Central Bank of Iran issued a statement against the recent blacklisting of its governor, the Ministry of Economic and Finance Affairs has made a similar move, calling the...
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May 22,2018Iran nuclear deal seems to be on life-support these days, as the United States has unilaterally pulled out of the accord and other signatories are making frantic efforts to hold the deal together...
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May 22,2018With a reputation of a slow-working institution that only gets its act together in face of an urgent...
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May 22,2018Premium rates on travel insurance have increased by as much as 25% on the back of a recent slide in rial’s value against the dollar. While the insurance industry receives dollar at the rate of 42,...
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