US investors are at risk of getting shut out of deals in Iran while their European competitors get a head-start on billions of dollars in opportunities unlocked by the lifting of international…
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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Iran is one of the last remaining places, short of Mars and the Moon, where there is significant opportunity. So says Sir Martin Sorrell, CEO of the global advertising giant WPP and one of the…
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Thanks to its proximity to the coasts of Oman, Chabahar can play a pivotal role in exporting food to the Arab country, said Omani Commerce and Industry Minister Ali bin Masoud Al Sunaidy.
…
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The first blanket industry exhibition will be held in Tehran on Tuesday. Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh is scheduled to attend the event, in which advanced…
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The Central Bank of Iran has issued a decree telling commercial banks to stop providing services to unlicensed credit and financial Institutions. The decree is the second such warning in as…
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The Central Insurance of Iran has barred insurance companies from signing direct contracts with automakers for selling third party auto policies. According to the CII website, the measure aims to…
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The domestic economy is at a turning point, which will open the way for sustainable development and help unleash immense potential, Valiollah Seif, governor of the Central Bank of Iran said…
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Tehran Stock Exchange’s all-share index TEDPIX advanced 324.40 points or 0.42% to settle Saturday trade at 78,022.2, as large cap mining and oil companies lead the rally.
Nearly 1.5 billion…
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About 894,000 tons of copper concentrates were produced by subsidiaries of National Iranian Copper Industries Company, namely Sarcheshmeh, Sungun and Miduk copper complexes, during the 11 months…
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Germany is keen to facilitate the reintegration of Iran into the global business arena by engaging Iran in every area possible.
However, first and foremost on the German agenda is the…
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European and Asian investments are moving fast into Iran, leaving the US in the dust as some sanctions continue to keep American money out despite keen interest, CNBC quoted an investor as saying…
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Iran’s polyethylene capacity will grow at an annual rate of 13% to 8 million tons a year by 2020 from 4 million tons a year in 2015, due to post-sanctions investments, according to an analyst with…
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There are bilateral opportunities for cooperating with Iran, as Qatar’s neighboring country, in terms of trade, investment, banking and finance, said Raghavan Seetharaman, chief executive officer…
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The world’s ‘Big Four’ accountancy and professional services firms are taking steps to establish operations in Iran following the lifting of international sanctions in January.
KPMG,…
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India plans to resume settling trade with Iran under a regional clearing house system after a gap of five years, the Indian government said on Wednesday, as New Delhi seeks to promote trade ties…
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The Europaisch-Iranische Handelsbank AG in Hamburg has restarted services to Iran since March 1 as the first European lender to do so after the lifting of the sanctions. Customers can now transfer…
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Iran offers Scottish businesses huge “early mover advantage” in sectors such as oil and gas, construction and food and drink.
Law firm Burness Paull is urging Scottish firms to engage with…
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South Korea is the latest nation to raise its stake in the Iranian economy, pledging €5 billion to projects in the country.
The deal follows similar agreements between Kexim—South Korea’s…
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The government has projected the purchase of up to 10 million tons of wheat from domestic farmers in the coming Iranian year (to start March 20), 24% more than the amount purchased in the current…
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Relations between Iran and Turkey are growing, as the neighbors shrug off differences on international politics to boost cooperation in economic fields.
Regulator Capital Markets Board of…
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Tehran Stock Exchange and Iran Fara Bourse extended their gains for the second month, as the upbeat mood surrounding the lifting of nuclear sanctions and waves of agreements with foreign investors…
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Tehran Stock Exchange’s main index TEDPIX crawled up 49 points or 0.06% to end at 77,697.8, with telecoms and petrochemicals companies spearheading Wednesday’s seesaw growth.
The market’s…
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Iran Mercantile Exchange’s exports board hosted the trading of 44,055 tons of commodities worth $12.6 million on Wednesday, down 68% from Tuesday’s $39.5 million. IME also traded 2,200 tons of…
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Iran is targeting over $100 billion in foreign investments after nearly a decade of international economic sanctions that the country incurred for its nuclear program.
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The Islamic Republic of Iran Customs Administration and the Federal Customs Service of Russia finalized a historic deal by signing "the Customs Cooperation Agreement” on Tuesday.
Signed by…
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