Iran will become a net exporter of aluminum from 2019 and plans to increase its domestic production of the metal over the coming years, an official of the Iranian Mines & Mining Industries…
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.
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More than 28,000 foreign tourists spent at least a night in Iranian free trade zones in the first seven months of the Iranian year (ended Oct. 22), marking a 34% growth compared with the same…
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Tehran Stock Exchange’s main index gathered 39.40 points or 0.04% to end Tuesday trade at 87,883.1.
About 1.012 billion shares valued at $40.157 million changed hands on Tuesday.
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The opening of Iran’s first House of Commerce in Russia is an “unprecedented event” that will strengthen trade links between the two countries, Astrakhan’s minister of international and foreign…
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Iranian Privatization Organization plans to privatize the shares of two iron ore and coal companies on Nov. 27. The sale includes a 67.92% stake in Iran Central Iron Ore Company with a total…
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Europe must make clear how it will react if the United States pulls out of the multinational nuclear deal with Iran and do more to encourage international banks to return to the country, said…
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The Central Bank of Iran has amended its executive directive for regulations overseeing foreign exchange, banking instruments and bonds carried by travelling individuals in line with better…
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The second phase of the project to assess the productivity of Iranian banks will start in January, the head of the National Iranian Productivity Organization announced.
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According to Iranian banking system’s projections for the fiscal year to March 20, 2018, small- and medium-sized enterprises will receive up to 500 trillion rials ($) worth of loans, which…
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Tehran Chamber of Commerce, Industries, Mines and Agriculture will henceforth be in charge of selecting exemplary exporters of Tehran Province, which responsibility was previously undertaken by…
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Renowned for its world-famous historical monuments, UNESCO heritage sites and natural beauty, Iran is expected to be mainly favored by cultural visitors and Nature enthusiasts. Although that's…
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The Iranian Cabinet has notified the Law on Combating Financing of Terrorism for implementation 20 months after the measure received the parliamentary approval.
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Iran and Switzerland have made significant improvements in their banking ties.
This was announced by Iran’s Deputy Economy Minister Mohammad Khazaei after a meeting with Philippe Leuba,…
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The US dollar gained against the rial on Monday to reach its highest value in Tehran’s foreign exchange market in 10 months. According to Tehran Gold and Jewelry Union’s website, the rial was…
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The latest measures undertaken by the Central Bank of Iran have had a positive impact on interbank rates, bringing them down from the previous rates of over 20%, said the head of the Iran…
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Tehran Stock Exchange’s main index lost 61.40 points or 0.07% to end Monday trade at 87,843.7.
About 548 million shares valued at $31.073 million changed hands on Monday.
Trading…
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Major Iranian mining companies produced 197.53 million tons of mineral products in the first seven months of the current fiscal year (March 21-Oct. 22), registering a 9.17% growth compared with…
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The 19th International Marine Industries Conference and Iran International Marine and Maritime Industries Exhibition are scheduled to be held on the southern Kish Island from Dec. 11 to 14.
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The average Producer Price Index for the industrial sector in the 12-month period ending Sept. 22, 2017, which marks the end of summer, increased by 10.2% compared with the same period of last…
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The Financial Action Task Force has updated its document on engagement with Iran and urged the country to fulfill its commitments by its deadline of Jan. 31, 2018, and has also renewed its…
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The Iranian Parliament has now boosted efforts to sideline the US dollar in Iran’s international deals following recent remarks by Leader Ayatollah Seyyed Ali Khamenei who called for the…
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Two information systems aimed at implementing standards pertaining to anti-money laundering and combating financing of terrorism required by the Financial Action Task Force have been unveiled at…
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A number of Iranian banks have declared their interest in opening branches in Belgium, which goal is expected to materialize with the help of both countries.
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Tehran Stock Exchange’s main index added 36.50 points or 0.04% to end Sunday trade at 87,905.1.
About 681 million shares valued at $40.3 million changed hands on Sunday.
Trading…
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The Iranian cement industry’s fall from grace has turned into a continuous freefall.
Demand is at sticky lows, overcapacity is rampant and underperforming plants have trouble clearing…
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